Bulk Molding Compounds (BMC) Market to 2023 (3.9% CAGR Expected) Top Player Profiles – IDI, A.Schulman (BMCI), SDK, Lorenz, Polynt, Tencate, Huayuan Group, Mar-Bal, Yueqing SMC&BMC and More

Bulk Molding Compound (BMC) is a thermoset plastic resin blend of various inert fillers, fiber reinforcement, catalysts, stabilizers, and pigments that form a viscous, 'puttylike' injection molding compound. Bulk molding compound is highly filled and reinforced with short fibers. Typical applications include demanding electrical applications, corrosion resistant needs, appliance, automotive, and transit.

Over the next five years, projects that Bulk Molding Compounds (BMC) will register a 0.5% CAGR in terms of revenue, reach US$ 1210 million by 2023, from US$ 1170 million in 2017.

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Global demand of BMC will increase to 693 K MT in 2018 from 573 K MT in 2013. It is estimated that supported by downstream industries, global demand of BMC demand will keep increasing with a CAGR of 3.9% in the coming five years. In addition, similar with that of globe, the demand of BMC in China will increase from 130 K MT in 2011 to 173 K MT in 2016, accompanied with a CAGR of 3.04% in the last eight years.

Compared with foreign giants, BMC produced by Chinese manufacturers still has a certain gap. Chinese BMC manufacturers are dedicated to improving their technology and narrowing down the performance gap with foreign giants.

We tend to believe that this industry still has a bright future, considering the current demand of BMC. As for the entirety product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

This report presents a comprehensive overview, market shares, and growth opportunities of Bulk Molding Compounds (BMC) market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

General BMC
Electrical BMC
Others
Segmentation by application:

Electrical Industry
Automotive Industry
Others
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: IDI, A.Schulman (BMCI), SDK, Lorenz, Polynt, Tencate, Huayuan Group, Mar-Bal, Yueqing SMC&BMC, Polmix, Changzhou Fonda, Kyocera, Jiangshi Composite, Jinchuangyi Electric, Astar, Changzhou Haoyuan, Cuyahoga Plastics, Plenco, CME, Donghai Composite, Molymer Group, Aomingwei, Shimada, Wah Hong Ind, Foshan Ripeng

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Bulk Molding Compounds (BMC) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bulk Molding Compounds (BMC) market by identifying its various subsegments.
Focuses on the key global Bulk Molding Compounds (BMC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bulk Molding Compounds (BMC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bulk Molding Compounds (BMC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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