Sheet Molding Compound Market Fiber Type (Carbon Fiber, Glass Fiber) Application (Flame Resistant, Corrosion, Heat Resistant, High Dielectric Strength, Others) End User (Electronic Industry, Automotive Industry, Construction Industry, Electrical Industry, Other) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Sheet Molding Compound Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Sheet Molding Compound is a pressure molding compound with higher molding quality utilized for molding large parts. The sheet is given in rolls that weigh up to 1000 kg. On the other hand the resin and associated materials might be blended nearby when a maker needs more prominent power over the science and filler. SMC is both a procedure and fortified composite material.
Drivers and Restraints
The development of the worldwide sheet forming compound market is driven by expanding interest for solid composite and lightweight materials in businesses, for example, electronics, construction, automotive, and electrical. In addition, expanding interest for eco-friendly vehicles and benefits of sheet molding compounds including lightweight, appearance, good electrical insulation fueling and good mechanical properties the worldwide sheet forming compound market.
North America represents a generally high share of the worldwide sheet molding compound market based on value, ascribed to rising demand for vehicles that are fuel-efficient over the locale.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Plastics Engineering Company
Royal Tencate N.V
Koninklijke Ten Cate NV
Citadel Plastics Holding Inc
IDI Composite International
Changzhou Runxia Fiberglass Products Co., Ltd
Showa Denko K.K
Continental Structural Plastics Inc
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?