Press release
Bulk Molding Compound Market is Forecasted to Reach US$ 1.0 billion in 2026, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global bulk molding compound market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2499/bulk-molding-compound-market.html#form
Report Highlights:
Market Size in 2026: US$ 1.0 billion
Growth (CAGR): 4.6% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Segment Insights on the Bulk Molding Compound Market:
The global bulk molding compound market is segmented based on end-use industry type, reinforcement type, resin type, and region.
Based on end-use industry type - the market is segmented as transportation, construction, consumer goods, electrical & electronics, and others. Electrical & Electronics is expected to remain the biggest demand generator of BMCs among all the end-use industries in terms of both value and volume during the forecast period. BMC is considered an ideal material for fabricating some of the electrical parts, such as circuit breakers and encapsulation. BMC exhibits brilliant flow characteristics, dielectric property, and flame resistance. They are well-suited for applications that demand precision in detail and dimensions along with high performance. Transportation also generates a sizeable demand for BMCs across the region. The headlight is the biggest application of BMCs in the transportation industry.
Based on the resin type - The market is segmented as polyester composites and other composites. Polyester is projected to remain the choice of materials in the BMC market in the foreseen future. Polyester offers good performance at the lowest cost, allowing BMC and tier players to compete with other materials, such as plastics and metals. In BMC, polyester is the most dominant material across the end-use industries. Epoxy, currently securing a diminutive share, is likely to grow at a healthy pace in the years to come. Driven by a greater acceptance of BMCs in high-temperature electrical applications.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/2499/bulk-molding-compound-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market over the next five years. This growth outlook is majorly attributed to the following-
- Countries, like China, Japan, Taiwan, South Korea, and India are the preferred destinations of either electrical & electronics or transportation or both industries.
- A large number of companies are located in these countries, serving local as well as the global demand for products.
- This assures a healthy demand for reinforced compounds including BMCs in the region.
- North America and Europe also offer healthy growth opportunities in the short run, mainly governed by the expected recovery in the demand for composite materials across markets.
Bulk Molding Compound Market Drivers:
Some of the key drivers listed in the report are given below.
- Increasing demand in electrical & electronics and transportation sectors, owing to BMC's excellent flow characteristics, dielectric properties, and flame resistance.
- The cost-effectiveness of polyester-based BMCs and the growing manufacturing.
Top Companies in the Bulk Molding Compound Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• A. Schulman (BMCI)
• Core Molding Technologies, Inc.
• IDI Composites International
• Polynt S.p.A.
• Premix Inc.
• Menzolit GmbH
• Showa Denko K. K.
• Astar S.A.
• Toray Advanced Composites
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Bulk Molding Compound Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
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Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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