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Growth Opportunities for the Global Sheet Molding Compound Market
The future of the global SMC market looks good with opportunities in transportation, electrical & electronics, and construction industries.
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Report summary
The future of the global SMC market looks good with opportunities in transportation, electrical & electronics, and construction industries. The global SMC market is expected to reach an estimated $3.2 billion by 2021 and it is forecast to grow at a CAGR of 4.3% from 2016 to 2021. The major drivers for market growth are growing end-use industries and increasing demand for lightweight materials.
Emerging trends which have a direct impact on the dynamics of the sheet moulding compound industry include the increasing penetration of carbon fibre-based SMC, increasing focus of major player towards low density SMC, and introduction of direct-SMC.
A total of 109 figures / charts and 35 tables are provided in this 139-page report to help in your business decisions.
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Growth Opportunities for the Global Sheet Molding Compound Market
139 pages, print format
Publication date: December 2016
Publisher: Lucintel
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