Global Sheet Molding Compound (SMC) Sales Market Report 2020

Sheet molding compound (SMC) is both a process and reinforced composite material. The composite is a “ready to mold” glass or carbon fiber reinforced polyester material primarily used in compression molding. The SMC sheets are manufactured by dispersing long strands of chopped glass fibers or carbon fibers on a bath of polyester resin, vinylester resin or epoxy resin.
A key variable in the performance of SMC producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of SMC include SMC-specific unsaturated polyester resin, glass fiber, carbon fiber, etc. The prices of SMC-specific unsaturated polyester resin follow the oil price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a ‘pass through’ clause that smooth the impact.

Market Analysis and Insights: Global Sheet Molding Compound (SMC) Market
The global Sheet Molding Compound (SMC) market size is projected to reach US$ 2642.5 million by 2026, from US$ 2112.7 million in 2020, at a CAGR of 3.8% during 2021-2026.

Global Sheet Molding Compound (SMC) Scope and Market Size
The global Sheet Molding Compound (SMC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sheet Molding Compound (SMC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Sheet Molding Compound (SMC) market is segmented into
General Purpose SMC
Flame Resistance SMC
Electronic Insulators SMC
Corrosion Resistance SMC
Other Type SMC

Segment by Application, the Sheet Molding Compound (SMC) market is segmented into
Automotive and Commercial Vehicle
Electrical & Energy
Construction
Other Application

The Sheet Molding Compound (SMC) market is analysed and market size information is provided by regions (countries). Segment by Application, the Sheet Molding Compound (SMC) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Sheet Molding Compound (SMC) Market Share Analysis
Sheet Molding Compound (SMC) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Sheet Molding Compound (SMC) business, the date to enter into the Sheet Molding Compound (SMC) market, Sheet Molding Compound (SMC) product introduction, recent developments, etc.

The major vendors covered:
IDI Composites International
Magna
Menzolit
Continental Structural Plastics
Premix
Polynt
Molymer SSP
ASTAR
Core Molding Technologies
Lorenz
MCR
Huamei New Material
Yueqing SMC & BMC
Tianma Group
Jiangshi Composite
Huayuan Group
BI-GOLD New Material
Changzhou Rixin
DIC
East China Sea Composite Materials
Fonda Thermoset Plastic
SIDA Composites
Fu Runda Group
Devi Polymers