Sheet Molding Compound Market Size, Share & Forecast

1. Presents a Research Report on Sheet Molding Compound Market Sheet Molding Compound Market is Segmented by End-Use Industry Type (Transportation [Light Vehicles and MHCV], Construction, Consumer Goods, Electrical & Electronics, and Others) by Fiber Type (Glass Composites and Other Composites), by Resin Type (Polyester Composites and Other Composites), by Density Type (Medium-High Density SMCs and Low-Density SMCs), and by Region (North America, Europe, Asia-Pacific, and Rest of the World) sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Sheet Molding Compound Market Growth and Forecast Highlights & Drivers SMC market is expected to prosper at a healthy CAGR of 5.0% during 2021-2026 to reach the figure of US$ 3.6 Billion in 2026. • The onset of the pandemic acted like a tsunami for several end-use industries. The major markets for SMCs, especially automotive and construction, could not escape from its whirling wind and registered a huge decline in the year 2020. • The impact of this decline was quite visible on the demand for SMCs in those end-use industries. Supply-chain disruptions, huge COVID-relate costs, and remote work affective work efficiencies stirred the spark in it. • Almost all the leading SMC manufacturers recorded a decline amid the pandemic. Their declines were different subjected to their market and product mix. • However, the withering weather started scattering with the appearance of clean sky showering full of shines. • All the major SMC manufacturers are recording a recovery from 2021 onwards. However, some macro factors, such as semiconductor shortage, paired with the emergence of new variants, are tremoring the path of recovery. • www.stratviewresearch.com 2

3. Market Insights By End-Use Industry Type • Ransportation is expected to remain the biggest demand generator for SMCs in terms of both value and volume during the forecast period. • SMC is considered an ideal material for fabricating class-A body panels By Fiber Type • Glass fiber remains the perennial choice of material for making SMCs in the foreseen future. • Carbon fiber, a lightweight material, is rapidly gaining market traction in the wake of its advantages suited to the industry-burning challenges. By Region • Asia-Pacific is expected to remain the largest market for SMCs over the next five years owing to the growing penetration of SMCs in automobiles paired with greater production of vehicles. • North America and Europe are the other major markets for SMCs in the wake of high usage in their vehicles. www.stratviewresearch.com 3

4. Competitive Insights The competitive landscape of the SMC is quite similar to BMCs as most of the leading players are present in both SMCs as well as BMCs. Furthermore, it requires huge capital investment with excellent technological capabilities to manufacture application-specific SMCs. It has been noted that there has been a gradual market consolidation with non-SMC companies are taking sheer interest and increasingly performing M&A activities. The following are the key players in the sheet molding compound market. Key Companies Analysed • The Polytec Group • IDI Composites International • Polynt S.P.A. • Premix Inc. • Lorenz-Kunststofftechnik GmbH • Menzolit GmbH • Huayuan Advanced Materials Co., Ltd. (HAMC) • Core Molding Technologies, Inc • Continental Structural Plastics • Changzhou City Jiangshi Composite Technology Co. Ltd. www.stratviewresearch.com 4

5. Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 5

6. Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 6

7. Market Segmentation By End-Use Industry Type • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) (Vehicle-Type Analysis) • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) By Fiber Type • Glass Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Other Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) By Resin Type • Polyester Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Other Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) www.stratviewresearch.com 7

8. Market Segmentation By Density Type • Medium-High Density SMCs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) • Low-Density SMCs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW) By Region • North America (Country Analysis: The USA, Canada, Mexico) • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe) • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others) www.stratviewresearch.com 8

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