Market Overview:
The global low-density SMC market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and fuel-efficient vehicles. Low-density SMC is used in various applications such as hoods, deck lids, fenders, bumpers, body panels, and others. North America is expected to lead the global low-density SMC market during the forecast period owing to the presence of key players in this region and rising demand for lightweight vehicles.
Product Definition:
Low-density SMC is a type of structural material that is used in the construction and manufacturing industries. It has a low density, which makes it lightweight and easy to work with. Low-density SMC is often used in products that require high strength-to-weight ratios, such as aircraft parts and sporting goods.
Polyester SMC:
Polyester SMC is a type of polycrystalline ceramic material, which contains fibers that are made up of synthetic resin. It has high thermal conductivity and low thermal expansion property. Polyester SMC can be used in applications where low thermal conductivity and high temperature stability is required.
The global polyester SMC market was valued at USD 536 million in 2016.
Epoxy SMC:
Epoxy SMC is short for “Single-Molecule Copolymer”. It is a type of solid polymer, which contains one molecule of epoxy group and one molecule of polystyrene groups. Epoxy SMC has low density than the regular polystyrene and it also has higher strength due to its cross-linking property.
Application Insights:
Deck lids, fenders, body panels and bumpers are some of the major application areas for low-density SMC. In terms of revenue, deck lids dominated the global market with a share of over 30% in 2017. The growing demand for fiberglass composite deck lids on account of their lightweight property is expected to drive the segment growth over the forecast period.
The hoods segment is also anticipated to witness significant growth in near future owing to its rising use as an alternative to conventional metal and plastic parts that are used in automotive manufacturing these days. Low-density SMC can be easily molded into desired shapes and help reduce weight while maintaining structural strength which makes it highly favorable among automakers these days when it comes time for designing new cars from scratch every few years or so.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 45% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automobile production and sales, especially in China, India, Japan and South Korea. In addition, rising disposable income levels coupled with an expanding population are likely to support product demand across this region.
The European market for low-density SMC is anticipated to grow at a CAGR of XX% from 2018 to 2030 as compared to that of Asia Pacific which is projected at 6%. This can be attributed mainlyto high automotive production volumes along with growing consumer preference towards advanced automotive designs incorporating these resins as fillers on a large scale for lightweighting purposes.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles.
- Growing demand for low-density SMC in construction and infrastructure projects due to its high strength-to-weight ratio.
- Rising popularity of low-density SMC in consumer electronics due to its superior thermal insulation properties.
- Increasing use of low-density SMC in medical devices and implants due to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-density SMC Market Research Report
By Type
Polyester SMC, Epoxy SMC, Vinyl Ester SMC
By Application
Hoods, Deck lids, Fenders, Bumpers, Body panels, Others
By Companies
Core Molding Technologies, Continental Structural Plastics, IDI Composites International, Polynt, Premix, Menzolit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Low-density SMC Market Report Segments:
The global Low-density SMC market is segmented on the basis of:
Types
Polyester SMC, Epoxy SMC, Vinyl Ester SMC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hoods, Deck lids, Fenders, Bumpers, Body panels, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Core Molding Technologies
- Continental Structural Plastics
- IDI Composites International
- Polynt
- Premix
- Menzolit
Highlights of The Low-density SMC Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyester SMC
- Epoxy SMC
- Vinyl Ester SMC
- By Application:
- Hoods
- Deck lids
- Fenders
- Bumpers
- Body panels
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low-density SMC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low-density SMC is a type of fiber optic cable that has a lower bandwidth than other types of fiber optic cables. It is used to connect devices in close quarters, such as between computers and printers.
Some of the major players in the low-density smc market are Core Molding Technologies, Continental Structural Plastics, IDI Composites International, Polynt, Premix, Menzolit.
The low-density smc market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low-density SMC Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low-density SMC Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-density SMC Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low-density SMC Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low-density SMC Market Size & Forecast, 2020-2028
4.5.1 Low-density SMC Market Size and Y-o-Y Growth
4.5.2 Low-density SMC Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyester SMC
5.2.2 Epoxy SMC
5.2.3 Vinyl Ester SMC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hoods
6.2.2 Deck lids
6.2.3 Fenders
6.2.4 Bumpers
6.2.5 Body panels
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-density SMC Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low-density SMC Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyester SMC
9.6.2 Epoxy SMC
9.6.3 Vinyl Ester SMC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hoods
9.10.2 Deck lids
9.10.3 Fenders
9.10.4 Bumpers
9.10.5 Body panels
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyester SMC
10.6.2 Epoxy SMC
10.6.3 Vinyl Ester SMC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hoods
10.10.2 Deck lids
10.10.3 Fenders
10.10.4 Bumpers
10.10.5 Body panels
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyester SMC
11.6.2 Epoxy SMC
11.6.3 Vinyl Ester SMC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hoods
11.10.2 Deck lids
11.10.3 Fenders
11.10.4 Bumpers
11.10.5 Body panels
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyester SMC
12.6.2 Epoxy SMC
12.6.3 Vinyl Ester SMC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hoods
12.10.2 Deck lids
12.10.3 Fenders
12.10.4 Bumpers
12.10.5 Body panels
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyester SMC
13.6.2 Epoxy SMC
13.6.3 Vinyl Ester SMC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hoods
13.10.2 Deck lids
13.10.3 Fenders
13.10.4 Bumpers
13.10.5 Body panels
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low-density SMC Market: Competitive Dashboard
14.2 Global Low-density SMC Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Core Molding Technologies
14.3.2 Continental Structural Plastics
14.3.3 IDI Composites International
14.3.4 Polynt
14.3.5 Premix
14.3.6 Menzolit
