DUBLIN, Nov. 13, 2020 /PRNewswire/ -- The "Bulk Molding Compound (BMC) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Resin Type (Polyester, Vinyl Resin, and Others), Fiber Type (Glass Fiber and Carbon Fiber), and Application (Electrical Industry, Automotive Industry and Others), and Geography" report has been added to ResearchAndMarkets.com's offering.
According to this report the market was valued at US $1,167.64 million in 2019 and is projected to reach US$ 1,650.58million by 2027; it is expected to grow at a CAGR of 4.6% during 2020-2027. The report highlights key driving factors and prominent market players with their developments in the market.
Bulk molding compound (BMC) is a ready-to-mold, glass-fiber reinforced thermoset polymer material used in compression molding, along with injection molding and transfer molding. BMC is manufactured by mixing unsaturated thermoset resin-like polyester resin, vinyl ester resin, or epoxy resin together with strands of chopped glass fibers, styrene, an initiator, and a filler in a mixer. The mixing for the preparation of BMC is done at room temperature and stored at low temperature to slow down curing before molding. The concentration of the mixture varies according to the application.
Demand for lightweight materials with high tensile strength is rising among several sectors, such as automotive, aerospace, and construction. The use of lightweight materials directly impacts the overall dynamics and structure of components in which they are used. BMC is a one such compound material, manufactured with the help of thermosetting polymeric matrices. The material possesses several properties such as good mouldability, high dimensional stability, excellent mechanical and electrical properties, and resistance from chemical and corrosion. Also, it is lightweight and quite economical, which makes it an ideal component to be used across several applications. The demand for BMC has considerably increased across the automotive and aerospace industries owing to rising advancements and innovations in these industries.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the world. Many governments have imposed lockdowns, travel bans, and business shutdown measures to prevent the spread of infection. These norms restrict supplies of consumer goods, floriculture and horticulture products. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are anticipated to affect the industries in a negative manner and thus act as restraining factor for the growth of various markets related to this industry in the coming months.
Astar S.A., Core Molding Technologies, IDI Composites International, Toray TCAC Holding B.V., MENZOLIT, PolyntSpA, SHOWA DENKO K.K., DASYC S.A., Lorenz Kunststofftechnik GMBH, and HGGC, LLCare a few well-established players in the global bulk molding compound (BMC) market.
Reasons to Buy
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global Bulk Molding Compound (BMC) market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Bulk Molding Compound (BMC) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Bulk Molding Compound (BMC) Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising demand for lightweight, high strength, and fire resistance materials
5.1.2 Growth of construction industry
5.2 Market Restraints
5.2.1 High Cost of Raw Materials in Comparison With Traditional Materials
5.3 Market Opportunities:
5.3.1 Adoption of sustainable materials
5.4 Future Trends:
5.4.1 Technological Innovations related to Bulk Molding Compounds (BMC) Market
5.5 Impact Analysis
6. Bulk Molding Compound (BMC)- Global Market Analysis
6.1 Bulk Molding Compound (BMC) Market Overview
6.2 Bulk Molding Compound (BMC) Market -Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning
7. Global Bulk Molding Compound (BMC) Market Analysis - By Resin Type
7.1 Overview
7.2 Bulk Molding Compound (BMC) Market Breakdown, by Resin Type, (2019 & 2027)
7.3 Polyester
7.3.1 Overview
7.3.2 Polyester Resin in Bulk Molding Compound (BMC) Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Vinyl Resin
7.4.1 Overview
7.4.2 Vinyl Resin in Bulk Molding Compound (BMC) Market, Revenue Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Other Segment in Bulk Molding Compound (BMC) Market, Revenue and Forecast to 2027 (US$ Mn)
8. Global Bulk Molding Compound (BMC) Market Analysis - By Fiber Type
8.1 Overview
8.2 Global Bulk Molding Compound (BMC) Market Breakdown, By Fiber Type,( 2019 & 2027)
8.3 Glass Fiber
8.3.1 Global Bulk Molding Compound (BMC) Market Revenue in Glass Fiber Revenue and Forecast, to 2027 (US$ Mn)
8.4 Carbon Fibers
8.4.1 Global Bulk Molding Compound (BMC) Market Revenue in Carbon Fibers Revenue and Forecast, to 2027 (US$ Mn)
9. Global Bulk Molding Compound (BMC) Market Analysis - By End-Use Industry
9.1 Overview
9.2 Global Bulk Molding Compound (BMC) Market Breakdown, By End-Use Industry, (2019 & 2027)
9.3 Electrical Industry
9.3.1 Global Bulk Molding Compound (BMC) Market Revenue Via Electrical and Electronics Revenue and Forecast, to 2027 (US$ Mn)
9.4 Automotive Industry
9.4.1 Global Bulk Molding Compound (BMC) Market Revenue Via Automotive Industry Revenue and Forecast, to 2027 (US$ Mn)
9.5 Others
9.5.1 Global Bulk Molding Compound (BMC) Market Revenue Via Other Segment Revenue and Forecast, to 2027 (US$ Mn)
10. Bulk Molding Compound (BMC) Market - Geographic Analysis
10.1 Overview
10.2 North America: Bulk Molding Compounds (BMC) Market
10.3 Europe: Bulk Molding Compounds (BMC) Market
10.4 Asia Pacific: Bulk Molding Compounds (BMC) Market
10.5 MEA: Bulk Molding Compounds (BMC) Market
10.6 South America: Bulk Molding Compounds (BMC) Market
11. Overview- Impact of COVID-19
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger and Acquisition
12.2 Business Planning and Strategy
13. Company Profiles
13.1 ASTAR S.A.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Core Molding Technologies
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 IDI Composites International
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Toray TCAC Holding B.V.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MENZOLIT
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 PolyntSpA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SHOWA DENKO K.K.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 DASYC S.A.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Lorenz Kunststofftechnik GMBH.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 HGGC, LLC.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary
For more information about this report visit https://www.researchandmarkets.com/r/3jw4ag
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