Global Sheet Molding and Bulk Molding Compound Market Size Study by Resin Type, by Fiber Type, by Application, and Regional Forecasts 2022-2032

Description

The Global Sheet Molding and Bulk Molding Compound Market, valued at approximately USD 2.26 billion in 2023, is projected to achieve remarkable growth, reaching USD 3.83 billion by 2032 at a compound annual growth rate (CAGR) of 6.39% during the forecast period. Sheet molding and bulk molding compounds are advanced composite materials extensively used in high-performance applications due to their lightweight, durability, and superior mechanical properties. These compounds find significant applications in industries such as automotive and transportation, aerospace, and construction.

The increasing demand for fuel-efficient and lightweight vehicles is a primary growth driver in the automotive and transportation sector. Simultaneously, the aerospace industry has accelerated its adoption of bulk molding and sheet molding composites to enhance structural efficiency while minimizing weight. The innovation of advanced fiber-reinforced compounds, including carbon fiber, further underscores the potential for widespread applications across diverse sectors. However, high initial production costs and raw material price fluctuations pose notable challenges. Nevertheless, growing investments in sustainable production techniques and innovations in resin formulations are anticipated to unlock lucrative opportunities for industry stakeholders.

Regionally, North America leads the market, driven by robust demand from automotive and aerospace industries. Europe, with its focus on sustainability and automotive advancements, is another key market. Meanwhile, the Asia-Pacific region is set to register the fastest growth, bolstered by rising industrialization, an expanding automotive base in countries such as China and India, and significant infrastructure projects. Additionally, Latin America and the Middle East & Africa are witnessing growing adoption of these compounds, supported by increased investments in construction and appliance manufacturing sectors.

The competitive landscape features key players emphasizing strategic partnerships, technological advancements, and sustainability in their offerings. Innovations in manufacturing processes, coupled with a focus on recyclable and eco-friendly compounds, highlight the industry's commitment to future-ready solutions.

Major market players included in this report are:

3M Company
BASF SE
Dow Inc.
Mitsubishi Chemical Corporation
SGL Carbon
Owens Corning
Ashland Inc.
Toray Industries, Inc.
Huntsman Corporation
Koninklijke DSM N.V.
Hexcel Corporation
Cytec Solvay Group
RTP Company
Teijin Limited
Hexion Inc.

The detailed segments and sub-segments of the market are explained below:

By Resin Type:

Epoxy
Polyester

By Fiber Type:

Glass Fiber
Carbon Fiber

By Application:

Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Domestic Appliances

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level insights.
Competitive landscape with information on major players.
Analysis of key business strategies and future market opportunities.
Comprehensive demand-side and supply-side insights.

Chapter 1. Global Sheet Molding and Bulk Molding Compound Market Executive Summary

1.1. Global Sheet Molding and Bulk Molding Compound Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Resin Type
- 1.3.2. By Fiber Type
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Sheet Molding and Bulk Molding Compound Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Sheet Molding and Bulk Molding Compound Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Fuel-Efficient and Lightweight Vehicles
- 3.1.2. Growing Adoption in the Aerospace Industry
- 3.1.3. Advances in Fiber-Reinforced Compound Technologies
3.2. Market Challenges
- 3.2.1. High Initial Production Costs
- 3.2.2. Fluctuating Raw Material Prices
3.3. Market Opportunities
- 3.3.1. Investments in Sustainable Production Techniques
- 3.3.2. Innovations in Resin Formulations
- 3.3.3. Expansion into Emerging Industrial Markets

Chapter 4. Global Sheet Molding and Bulk Molding Compound Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Sheet Molding and Bulk Molding Compound Market Size & Forecasts by Resin Type 2022-2032

5.1. Segment Dashboard
5.2. Global Sheet Molding and Bulk Molding Compound Market: Resin Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Epoxy
- 5.2.2. Polyester

Chapter 6. Global Sheet Molding and Bulk Molding Compound Market Size & Forecasts by Fiber Type 2022-2032

6.1. Segment Dashboard
6.2. Global Sheet Molding and Bulk Molding Compound Market: Fiber Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Glass Fiber
- 6.2.2. Carbon Fiber

Chapter 7. Global Sheet Molding and Bulk Molding Compound Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Sheet Molding and Bulk Molding Compound Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Automotive & Transportation
- 7.2.2. Aerospace
- 7.2.3. Electrical & Electronics
- 7.2.4. Building & Construction
- 7.2.5. Domestic Appliances

Chapter 8. Global Sheet Molding and Bulk Molding Compound Market Size & Forecasts by Region 2022-2032

8.1. North America Sheet Molding and Bulk Molding Compound Market
- 8.1.1. U.S. Sheet Molding and Bulk Molding Compound Market
  - 8.1.1.1. End Use Application Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Resin Type Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Sheet Molding and Bulk Molding Compound Market
8.2. Europe Sheet Molding and Bulk Molding Compound Market
- 8.2.1. UK Sheet Molding and Bulk Molding Compound Market
- 8.2.2. Germany Sheet Molding and Bulk Molding Compound Market
- 8.2.3. France Sheet Molding and Bulk Molding Compound Market
- 8.2.4. Spain Sheet Molding and Bulk Molding Compound Market
- 8.2.5. Italy Sheet Molding and Bulk Molding Compound Market
- 8.2.6. Rest of Europe Sheet Molding and Bulk Molding Compound Market
8.3. Asia-Pacific Sheet Molding and Bulk Molding Compound Market
- 8.3.1. China Sheet Molding and Bulk Molding Compound Market
- 8.3.2. India Sheet Molding and Bulk Molding Compound Market
- 8.3.3. Japan Sheet Molding and Bulk Molding Compound Market
- 8.3.4. Australia Sheet Molding and Bulk Molding Compound Market
- 8.3.5. South Korea Sheet Molding and Bulk Molding Compound Market
- 8.3.6. Rest of Asia-Pacific Sheet Molding and Bulk Molding Compound Market
8.4. Latin America Sheet Molding and Bulk Molding Compound Market
- 8.4.1. Brazil Sheet Molding and Bulk Molding Compound Market
- 8.4.2. Mexico Sheet Molding and Bulk Molding Compound Market
- 8.4.3. Rest of Latin America Sheet Molding and Bulk Molding Compound Market
8.5. Middle East & Africa Sheet Molding and Bulk Molding Compound Market
- 8.5.1. Saudi Arabia Sheet Molding and Bulk Molding Compound Market
- 8.5.2. South Africa Sheet Molding and Bulk Molding Compound Market
- 8.5.3. Rest of Middle East & Africa Sheet Molding and Bulk Molding Compound Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. 3M Company
- 9.1.2. BASF SE
- 9.1.3. Dow Inc.
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. 3M Company
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. BASF SE
- 9.3.3. Dow Inc.
- 9.3.4. Mitsubishi Chemical Corporation
- 9.3.5. SGL Carbon
- 9.3.6. Owens Corning
- 9.3.7. Ashland Inc.
- 9.3.8. Toray Industries, Inc.
- 9.3.9. Huntsman Corporation
- 9.3.10. Koninklijke DSM N.V.
- 9.3.11. Hexcel Corporation
- 9.3.12. Cytec Solvay Group
- 9.3.13. RTP Company
- 9.3.14. Teijin Limited
- 9.3.15. Hexion Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes