Press release
Bulk Molding Compound Market is Forecasted to Reach US$ 1079 million in 2030, 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 2030: US$ 1079 million
Growth (CAGR): 3.2% during 2025-2030
Forecast Period: 2025-2030
Trend Period: 2019-2023
Base Year: 2024
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 industry type, reinforcement type, resin type, and region.
Based on industry type: The market is segmented into aerospace & defense, marine, transportation, construction, consumer goods, electrical & electronics, pipe & tanks, and other industries. The transportation industry is expected to remain the dominant market for bulk molding compound throughout the forecast period. Bulk molding compound is used extensively in the transportation industry, especially in automotive applications in components like headlamp reflectors, front bumper grill openings, interior trim brackets, fins, radiator support frames, valance panels, wheel arch liners, and fuel covers. BMC is best suited to produce high-precision, small to medium-sized parts with complex geometries and smooth surface finishes. It is also critical for under-hood items such as throttle bodies and ignition systems. As the onrush towards electric vehicles continues, demand for thermoset compounds increases, and BMC finds its use more in battery trays and enclosures due to its remarkable dielectric property, providing insulation and safety. Outside of the transportation industry, significant consumers include the electrical & electronics and construction industries, with aerospace & defense being the most rapidly expanding market, fueled by industry rebound and growing adoption of composite materials in secondary structural and interior usage.
Based on fiber type: The bulk molding compound market is categorized into glass fiber and carbon fiber. Glass fiber possesses the largest market share of the BMC market and is highly preferred by automotive OEMs due to cost savings, moldability, and high-volume application performance. Conversely, carbon fiber is growing more rapidly, based on increasing demand for lightweight, high-strength material requirements in emerging applications within the electrical & electronics and aerospace & defense sectors, where mechanical performance and weight savings are paramount.
Based on resin type: The market is categorized into polyester, epoxy, and other resins. Polyester is projected to remain the choice of materials in the BMC market in the foreseeable 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, click here for a free sample of the report:
https://stratviewresearch.com/Request-Sample/2499/bulk-molding-compound-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that The Asia-Pacific region is expected to remain the biggest market for bulk molding compound, while North America is likely to hold the position of the second largest throughout the forecast period. This growth outlook is majorly attributed to the following-
• Due to increasing automotive production and good demand from the electrical & electronics industry. Key countries such as China, India, Japan, and South Korea, where automotive OEMs are increasingly turning to BMC for lightweight, high-precision parts such as brackets, enclosures, and reflectors.
• At the same time, local electrical & electronics producers spearhead BMC adoption for switchgear, circuit breakers, and sensor housing.
Likewise, 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 for lightweight
• High-precision parts and suitability for molding small-to-medium parts with intricate geometries and smooth surface finishes.
Top Companies in the Bulk Molding Compound Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• LyondellBasell
• Polynt Group
• IDI Composites International
• Menzolit
• Polytec Group
• Huayuan Advanced Materials (Hamlite)
• Changzhou Jiang's Compound Materials Technology Co., Ltd.
• Lorenz Kunststofftechnik GmbH
• Tianma Group
• Paya Plast Iranian
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the 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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About us -
Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, 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 make 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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