Press release
Bulk Moulding Compound Market to Reach USD 1,079 Million by 2030, Says Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers detailed segmentation by industry type, fiber type, resin type, and region, offering strategic insights into demand patterns, material preferences, and regional growth dynamics for manufacturers, suppliers, OEMs, and investors.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/2499/bulk-molding-compound-market.html#form
Market Statistics
• Market size (2024): USD 897 million
• Forecast value (2030): USD 1,079 million
• CAGR (2025-2030): 3.2%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Industry Type
• Transportation
• Aerospace & Defense
• Marine
• Construction
• Consumer Goods
• Electrical & Electronics
• Pipes & Tanks
• Other Industries
By Fiber Type
• Glass Fiber
• Carbon Fiber
By Resin Type
• Polyester
• Epoxy
• Other Resins
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
In the Industry Type segmentation, Transportation is the dominant segment because automotive and related mobility sectors rely on BMC for lightweight, accurate moulding of components such as reflectors, brackets, and under-hood parts, which drives structural material demand and supplier focus on transportation-grade formulations and scale.
Within the Fiber Type category, Glass Fiber holds the largest share, supported by its cost-effectiveness, predictable part quality, and suitability for high-volume molding operations, which reinforce its preference among OEMs seeking consistency and throughput.
For Resin Type, Polyester is dominant due to its balanced performance at lower cost relative to alternatives, enabling composites producers to compete with plastics and metals, particularly in standard automotive and electrical applications, enhancing broader market penetration.
In Regional Insights, Asia-Pacific leads the Bulk Moulding Compound Market as the largest region, structurally supported by expanding automotive manufacturing, strong electrical & electronics production, and higher regional consumption of lightweight, high-precision moulded parts that align with industrial growth and material substitution trends.
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.
Market Drivers
• Increasing automotive OEM demand for lightweight, high-precision parts increases BMC adoption for structural and under-hood applications.
• Growth in electrical & electronics manufacturing expands use of BMC in switchgear, enclosures, and sensor housing due to performance properties.
• Expansion of transportation-related industries drives consistent baseline demand for molded thermoset components.
• BMC's suitability for complex geometries encourages design innovation across sectors such as aerospace & defense.
• Preference for materials with dielectric and corrosion-resistant properties boosts BMC use in specialized applications.
Top Companies in the Market
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
FAQs
1. How large is the bulk molding compound market today and what is its outlook?
The market was valued at USD 897 million in 2024 and is projected to reach USD 1,079 million by 2030 at a CAGR of 3.2% during 2025-2030.
2. Which industry segment drives bulk molding compound demand?
Transportation dominates because automotive and related mobility sectors demand lightweight, high-precision molded parts, supporting continuous BMC utilization.
3. Why does glass fiber hold the largest share in this market?
Glass fiber's cost-effectiveness, moldability, and consistent quality make it preferred for high-volume production in automotive and industrial applications.
4. What is the primary growth region for bulk molding compounds?
Asia-Pacific is the largest market due to robust automotive production and strong electrical & electronics industry demand for precision composites.
5. How does polyester resin influence market dynamics?
Polyester resin leads because it offers balanced performance at a lower cost, enabling competitive positioning against other materials and broad adoption across industries.
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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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