Bulk Molding Compound Market, By Resin Type, By Fiber Type, By Application, By Geography

Description

The global bulk molding compound (BMC) market is estimated to be valued at USD 3.82 Bn in 2024 and is expected to reach USD 5.19 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 3.82 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	4.50%	2031 Value Projection:	US$ 5.19 Bn

Figure. Bulk Molding Compound (BMC) Market Share (%), By Region, 2024

The global bulk molding compound (BMC) market has been growing steadily over the past few years. BMC is a mixture of several components including fillers such as calcium carbonate, glass fibers, resins like polyester and curing agents like benzoyl peroxide. This mixture is then fed into a compounder machine where all components are blended homogeneously before being molded. BMC offers advantages of being lighter in weight and lower in cost compared to metals like aluminum while also providing better strength and rigidity than typical thermoplastics. Ongoing growth of end use industries like automotive, aerospace, and industrial along with rising demands for lightweight materials are expected to drive higher consumption of BMC in coming years.

Market Dynamics:

The global bulk molding compound (BMC) market is driven by few key factors. Growing demand from the automotive industry remains a key driver where BMC is increasingly being used to manufacture lightweight components for vehicles to improve fuel efficiency. Rising environmental regulations mandating lower vehicle emissions are also propelling OEMs to adopt composites like BMC. The growing aerospace industry presents another lucrative opportunity for BMC manufacturers given BMC's strength-to-weight ratio is well suited for aircraft parts. However, competition from continuous fiber reinforced thermoplastics that provide improved mechanical properties acts as a key restraint. Additionally, fluctuating raw material prices especially of resins pose challenges. Ongoing R&D towards development of advanced BMC grades with superior performance characteristics would create new growth opportunities in the long run.

Key Features of the Study:

This report provides in-depth analysis of the global bulk molding compound (BMC) market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
Key companies covered as a part of this study include IDI Composites International, Toray Advanced Composites, SDK (Showa Denko K.K.), Polynt, Mar-Bal, Inc., Huayuan Group, Yueqing SMC&BMC, Polmix, Changzhou Fonda, Kyocera, Jiangshi Composite, Jinchuangyi Electric, Astar, Cuyahoga Plastics, CME (Composite Materials Engineering), Shimada, Wah Hong Industrial Corp., Retterbush Fiberglass Corporation, Beijing Red Sun Composite Material, and Utek Composite
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global bulk molding compound (BMC) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bulk molding compound (BMC) market

Detailed Segmentation-

Resin Type Insights (Revenue, USD Bn, 2019 - 2031)
- Polyester
- Vinyl Ester
- Epoxy
Fiber Type Insights (Revenue, USD Bn, 2019 - 2031)
- Glass Fiber
- Carbon Fiber
- Others
Application Insights (Revenue, USD Bn, 2019 - 2031)
- Electrical & Electronics
- Automotive & Transportation
- Building & Construction
- Others
Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- IDI Composites International
- Toray Advanced Composites
- SDK (Showa Denko K.K.)
- Polynt
- Mar-Bal, Inc.
- Huayuan Group
- Yueqing SMC&BMC
- Polmix
- Changzhou Fonda
- Kyocera
- Jiangshi Composite
- Jinchuangyi Electric
- Astar
- Cuyahoga Plastics
- CME (Composite Materials Engineering)
- Shimada
- Wah Hong Industrial Corp.
- Retterbush Fiberglass Corporation
- Beijing Red Sun Composite Material
- Utek Composite

Product Code: CMI7349

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Resin Type
- Market Snippet, By Fiber Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Bulk Molding Compound (BMC) Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Bulk Molding Compound (BMC) Market - COVID-19
Impact Analysis

5. Global Bulk Molding Compound (BMC) Market, By Resin Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Polyester
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Vinyl Ester
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Epoxy
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Bulk Molding Compound (BMC) Market, By Fiber Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Glass Fiber
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Carbon Fiber
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Bulk Molding Compound (BMC) Market, By Application, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Electrical & Electronics
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Automotive & Transportation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Building & Construction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Bulk Molding Compound (BMC) Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Resin Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Fiber Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Regions/Countries
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- IDI Composites International
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Toray Advanced Composites
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- SDK (Showa Denko K.K.)
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Polynt
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Mar-Bal, Inc.
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Huayuan Group
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Yueqing SMC&BMC
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Polmix
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Changzhou Fonda
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Kyocera
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Jiangshi Composite
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Jinchuangyi Electric
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Astar
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Cuyahoga Plastics
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- CME (Composite Materials Engineering)
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Shimada
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Wah Hong Industrial Corp.
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Retterbush Fiberglass Corporation
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Beijing Red Sun Composite Material
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates
- Utek Composite
  - Company Overview
  - Resin Type Portfolio
  - Recent Developments/Updates

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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