Press release
Sheet Molding Compound Market to Reach a Valuation of US$ 2 Billion by 2029
The sales of sheet molding compounds (SMC) are growing at an impressive rate to record a value of ~US$ 2 billion in 2019, which has been found out by the latest research report published by Persistence Market Research (PMR).Sheet Molding Compounds (SMC) Market - Scope of the Study
The latest research report published by Persistence Market Research (PMR) conducted a thorough analysis, measuring the growth of the sheet molding compounds (SMC) market during the forecast period 2019-2029. The comprehensive research report sheds light on the rare insights for t he stakeholders, in order to upkeep their position in the sheet molding compounds market. This comprehensive global study focuses on providing actionable insights pertaining to the growth of the sheet molding compounds market. With the help of the insights discussed in this research report, the key stakeholders of the sheet molding compounds market can get a brief idea of the key trends and notable developments and form well-informed growth strategies for their business advancement.
This exclusive research report includes a comprehensive outlook on the evolution of the sheet molding compounds market and its changing dynamics during the forecast period 2019-2029. This global business study includes key information pertaining to the significant drivers, opportunities, threats, and trends present in the sheet molding compounds market, with a view to offering the stakeholders with up-to-date market information. This comprehensive global study, in turn, includes a brief SWOT assessment of the leading, prominent, and emerging market players operating in the sheet molding compounds market during the forecast period. This will help the stakeholders of the sheet molding compounds market to gain an incisive view of the sheet molding compounds market growth.
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The comprehensive research report analyzes and discusses Porter's Five Forces in order to provide information about significant growth strategies available in the sheet molding compounds market over the course of the forecast period. This comprehensive research report provides key insights into the competition available in the sheet molding compounds market by determining key market players. This detailed research report also encompasses significant growth strategies, financials, and notable developments of the sheet molding compounds market over the course of the forecast period 2019-2029. The sheet molding compounds market analysis has been carried out in terms of value (US$ Mn) and volume (Tons).
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Sheet Molding Compounds Market - Research Methodology
The research undertaken by the analysts of the Persistence Market Research (PMR) involves a systematic approach with a view to cull actionable insights into the sheet molding compounds market during the forecast period 2019-2029. A primary research includes discussions with the market heads, key opinion leaders, distributors, industry vendors, and market players. A secondary research includes a thorough study of the marketing collaterals, company websites, industry associations, and government statistics.
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Key Companies
LyondellBasell Industries Ltd.
TORAY INDUSTRIES, INC
Polynt S.p.A.
Ashland Inc
Premix Inc.
Mitsubishi Chemical Holdings Corporation
TEIJIN LIMITED
Wacker Chemie AG
ASTAR S.A.
Core Molding Technologies, Inc.
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https://www.prnewswire.com/news-releases/sheet-molding-compound-market-is-expected-to-reach-more-than-us-3-2-mn-by-the-end-of-the-forecast-period-2029--pmr-300905727.html
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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