Sheet Molding Compound Market Forecast - PowerPoint PPT Presentation

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Sheet Molding Compound Market Forecast

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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. – PowerPoint PPT presentation

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Title: Sheet Molding Compound Market Forecast


1
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
1-313-307-4176


www.stratviewresearch.com
Market Reports
Advisory Consulting
Sourcing Intelligence
2
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.

3
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.

4
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.

5
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

6
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.

7
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)

8
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)

9
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
10
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/2496/sheet-molding-comp
ound-market.htmlform Email us
at sales_at_stratviewrsearch.com Call
Us 1-313-307-4176
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