According to a new market research study on “Europe Bulk Molding Compound (BMC) Market Forecast to 2027 - COVID-19 Impact and Analysis - By Resin Type (Polyester, Vinyl Resin, and Others); Fiber Type (Glass Fiber and Carbon Fiber); and Application (Electrical Industry, Automotive Industry, and Others)”, the market is expected to reach US$ 340.02 million by 2027 from US$ 239.60 million in 2019; it is estimated to grow at a CAGR of 4.6% from 2020 to 2027. The report provides trends prevailing in the Europe bulk molding compound market, and the drivers and restraints pertaining to the market growth. There is an increase in demand for lightweight, high strength, and fire resistance materials from various industrial sectors as well as the growth of construction industry are the major factors driving the growth of the Europe bulk molding compound market. However, in comparison with traditional materials the cost of raw materials is considered to be high is one of the main reason that is hindering the growth of bulk molding compound market in developing countries in Europe.
The bulk molding compound market in Europe is segmented into resin type, fiber type and application. Based on resin type, the market is segmented into polyester, vinyl resin and others. In 2019, the polyester segment held the largest share of the Europe bulk molding compound market. BMC composites are made up of polyester resin coupled with various fibers. Fibers manufactured from polyesters are made up of stable and strong ion molecules, filament, tow, and fiberfill are the four basic forms of polyester. These composites are used in various end-use industries including automotive, construction, electronics, and many others. However, the outbreak of COVID-19 and lockdown imposed by the governments across Europe is anticipated to have a huge disruption in the growth of various industries across Europe. The governments across Europe are taking measure like travel bans, business shutdowns, and lockdown, which is expected to hamper the anticipated revenue generation and growth opportunities for 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, LLC. are among the leading companies in the Europe bulk molding compound market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
Reasons to Buy
The bulk molding compound market in Europe is segmented into resin type, fiber type and application. Based on resin type, the market is segmented into polyester, vinyl resin and others. In 2019, the polyester segment held the largest share of the Europe bulk molding compound market. BMC composites are made up of polyester resin coupled with various fibers. Fibers manufactured from polyesters are made up of stable and strong ion molecules, filament, tow, and fiberfill are the four basic forms of polyester. These composites are used in various end-use industries including automotive, construction, electronics, and many others. However, the outbreak of COVID-19 and lockdown imposed by the governments across Europe is anticipated to have a huge disruption in the growth of various industries across Europe. The governments across Europe are taking measure like travel bans, business shutdowns, and lockdown, which is expected to hamper the anticipated revenue generation and growth opportunities for 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, LLC. are among the leading companies in the Europe bulk molding compound market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe bulk molding compound market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe bulk molding compound market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the bulk molding compound market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Bulk Molding Compound (BMC) Market Landscape
5. Bulk Molding Compound (BMC) Market - Key Market Dynamics
6. Bulk Molding Compound (BMC)- Market Analysis
7. Europe Bulk Molding Compound (BMC) Market Analysis - by Resin Type
8. Europe Bulk Molding Compound (BMC) Market Analysis - by Fiber Type
9. Europe Bulk Molding Compound (BMC) Market Analysis - by Application
10. Europe Bulk Molding Compound (BMC) Market - Country Analysis
11. Overview- Impact of COVID-19
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
- 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
- HGGC, LLC.
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