An exciting new study from the team of Lucintel found that global sheet molding compound marketis expected to reach $3.3 billion by 2025 with a CAGR of 3.1%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The global sheet molding compoundmarket is segmented based on end use industry, fiber, resin, density type, and region. In this market, transportation is the largest segment by end use industry, whereas glass fiberis largest by fiber type.Players can benefit from the available opportunities likegrowing demand from transportation and other end use industries.
The increasing penetration of carbon fiber-based SMC, development of low density SMC, and introduction of Direct-SMC are emerging trends having impact on dynamics of the industry.
Continental Structural Plastics (Teijin), Polynt-Reichhold, Premix, Polytec, IDI Composites, Core Molding Technologies, and Plastic Omnium and othersare some of the major players profiled in this 206 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the global sheet molding compound market by end use industries (transportation, electrical and electronics, construction, and others), by fiber type (glass fiber and carbon fiber,), by resin type (polyester, vinylester and others), by density (low density, mid and high density) and region (North America, Europe, Asia Pacific and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the global sheet molding compoundmarket?
Q.4What are some changing demands of customers in the global sheet molding compoundmarket?
Q.5What are the new developments in the global sheet molding compoundmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this global sheet molding compoundarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this global sheet molding compoundmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.