Sheet Molding Compound and Bulk Molding Compound Market by Resin Type, Fiber Type, Application and Region - Global Forecast

SMC is a mixture of inert fillers, resins, and fiber reinforcements. It is a fiber-reinforced polymer composite. It is often used in applications such as transportation, construction, among others, pertaining to its high strength to density ratio and corrosion resistance. The low cost of SMC makes it favorable over other traditional materials, for instance, iron and steel. BMC is also a mixture of inert fillers, fiber reinforcements, and resins. BMC is generally produced by the injection molding process, whereas SMC is mainly produced by the compression molding process.

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By Application:

• Transportation


• Electrical & Electronics


• Construction


• Others

The research methodology used to estimate and forecast the SMC and BMC market begins with capturing data on key company revenues and raw material costs through secondary research. The product offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global SMC and BMC from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, Directors and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

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Target Audience

• SMC and BMC manufacturers


• Resin manufacturers


• Raw material suppliers


• Distributors & suppliers


• Industry associations