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Airtech Europe
Airtech Europe
Techtextil NA & TexProcess

27th December 2018

Growth Opportunities in the Global Sheet Molding Compound Market


Report summary

The future of the global sheet molding compound (SMC) market looks good with opportunities in the transportation, electrical & electronics, and construction industries. The global SMC market is expected to reach an estimated $3.2 billion by 2023 with a CAGR of 3.1% from 2018 to 2023. The major growth drivers for this market are increasing use of lightweight materials in transportation, and performance benefits, such as lower corrosion in construction and higher thermal resistance in E&E industries.

Emerging trends which have a direct impact on the dynamics of the SMC industry include the increasing penetration of carbon fiber-based SMC, development of low density SMC, and introduction of Direct-SMC. 

A total of 142 figures / charts and 97 tables are provided in this 206 -page report to help in your business decisions.

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Growth Opportunities in the Global Sheet Molding Compound Market

206 pages, print format

Publication date: September 2018

Publisher: Lucintel

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