Sheet Molding Compound Market Forecast

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Presents a Research Report on Sheet Molding
Compound Market
Sheet Molding Compound Market is Segmented by
End-Use Industry Type (Transportation Light
Vehicles and MHCV, Construction, Consumer Goods,
Electrical Electronics, and Others) by Fiber
Type (Glass Composites and Other Composites), by
Resin Type (Polyester Composites and Other
Composites), by Density Type (Medium-High Density
SMCs and Low-Density SMCs), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World) sales_at_stratviewresearch.com
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Sheet Molding Compound Market Growth and Forecast
Highlights Drivers

• SMC market is expected to prosper at a healthy
  CAGR of 5.0 during 2021-2026 to reach the figure
  of US 3.6 Billion in 2026.
• The onset of the pandemic acted like a tsunami
  for several end-use industries. The major markets
  for SMCs, especially automotive and construction,
  could not escape from its whirling wind and
  registered a huge decline in the year 2020.
• The impact of this decline was quite visible on
  the demand for SMCs in those end-use industries.
  Supply-chain disruptions, huge COVID-relate
  costs, and remote work affective work
  efficiencies stirred the spark in it.
• Almost all the leading SMC manufacturers recorded
  a decline amid the pandemic. Their declines were
  different subjected to their market and product
  mix.
• However, the withering weather started scattering
  with the appearance of clean sky showering full
  of shines.
• All the major SMC manufacturers are recording a
  recovery from 2021 onwards. However, some macro
  factors, such as semiconductor shortage, paired
  with the emergence of new variants, are tremoring
  the path of recovery.

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Market Insights

• By End-Use Industry Type
• Ransportation is expected to remain the biggest
  demand generator for SMCs in terms of both value
  and volume during the forecast period.
• SMC is considered an ideal material for
  fabricating class-A body panels
• By Fiber Type
• Glass fiber remains the perennial choice of
  material for making SMCs in the foreseen future.
• Carbon fiber, a lightweight material, is rapidly
  gaining market traction in the wake of its
  advantages suited to the industry-burning
  challenges.
• By Region
• Asia-Pacific is expected to remain the largest
  market for SMCs over the next five years owing to
  the growing penetration of SMCs in automobiles
  paired with greater production of vehicles.
• North America and Europe are the other major
  markets for SMCs in the wake of high usage in
  their vehicles.

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Competitive Insights

• The competitive landscape of the SMC is quite
  similar to BMCs as most of the leading players
  are present in both SMCs as well as BMCs.
  Furthermore, it requires huge capital investment
  with excellent technological capabilities to
  manufacture application-specific SMCs. It has
  been noted that there has been a gradual market
  consolidation with non-SMC companies are taking
  sheer interest and increasingly performing MA
  activities. The following are the key players in
  the sheet molding compound market.
• Key Companies Analysed
• The Polytec Group
• IDI Composites International
• Polynt S.P.A.
• Premix Inc.
• Lorenz-Kunststofftechnik GmbH
• Menzolit GmbH
• Huayuan Advanced Materials Co., Ltd. (HAMC)
• Core Molding Technologies, Inc
• Continental Structural Plastics
• Changzhou City Jiangshi Composite Technology Co.
  Ltd.

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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Market Segmentation

• By End-Use Industry Type
• Transportation (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW) (Vehicle-Type
  Analysis)
• Construction (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Consumer Goods (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Electrical Electronics (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• By Fiber Type
• Glass Composites (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Other Composites (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• By Resin Type
• Polyester Composites (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Other Composites (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)

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Market Segmentation

• By Density Type
• Medium-High Density SMCs (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Low-Density SMCs (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• By Region
• North America (Country Analysis The USA, Canada,
  Mexico)
• Europe (Country Analysis Germany, France, the
  UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis Brazil,
  Saudi Arabia, and Others)

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