Lucintel Forecasts Low Density SMC Market to Reach $536.8 million by 2028

0
476

According to the recent study the low density SMC market is projected to reach an estimated $536.8 million by 2028 from $390.4 million in 2022, at a CAGR of 5.5% 2022 to 2028. Growth in this market is primarily driven by automotive production and increasing use of lightweight materials in different automotive applications.

Browse 90 figures / charts and 122 tables in this 192 -page report to understand trends, opportunities and forecast in low density SMC market by automotive application (deck lids, fenders, bumpers, hoods, body panels and others), fiber type (glass fiber and carbon fiber), resin type (polyester, vinyl ester and epoxy), and region (North America, Europe, Asia Pacific and the Rest of the World).

 “Hood market is expected to remain the largest segment during the forecast period.”

Based on automotive application, the low density SMC market is segmented into deck lids, fenders, bumpers, hoods, body panels and others. Lucintel forecasts that the hood market is expected to remain the largest segment due to increasing demand for lightweight and non-corrosive materials.

“Within the low density SMC market, the glass fiber segment is expected to remain the largest fiber type”

Based on fiber type the glass fiber segment is expected to witness the highest growth over the forecast period due to its properties like high strength/weight, phenomenal impact resistance, good electrical properties, resistance to moisture, and excellent outdoor weathering.

Download sample by clicking on low density SMC market

“Europe will dominate the low density SMC market in near future”

Europe is expected to remain the largest region and witness the highest growth over the forecast period due to due to higher acceptance level of composites materials and growth in automotive automotive application.

Major players of low density SMC market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Core Molding Technologies, Continental Structural Plastics, IDI Composites International, Polynt SPA, Premix Inc., and Menzolit GmbH are among the major low density SMC providers.

This unique research report will 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 write us at helpdesk@lucintel.com

إعلان مُمول
البحث
إعلان مُمول
إعلان مُمول
الأقسام
إقرأ المزيد
IT
Duty-Free and Travel Retail Market Size, Trends, Analysis, Demand, Outlook and Forecast By 2030
A new research report on the Global Duty-Free and Travel Retail Market, covering the years 2023...
بواسطة Dhanshri12 2024-01-03 05:36:08 0 1كيلو بايت
أخرى
Automation Solution in Renewable Power Generation Market [New Report] By Types and Application Overview by 2031
The 2024-2031 "Automation Solution in Renewable Power Generation Market" research report delivers...
بواسطة sugarr 2024-10-21 13:05:46 0 132
أخرى
Precision Arborcare Provides 7 Tips for Taking Care of Your Trees in Asheville, NC
As a homeowner in Asheville, NC, taking care of the trees on your property is essential to ensure...
بواسطة steaveharikson 2024-12-19 18:03:06 0 79
أخرى
Connect With People Across The USA Business Travel & More
usa whatsapp group link Network with people across the USA for business opportunities, travel...
بواسطة bullockdonald 2025-03-04 10:15:43 0 66
أخرى
Wild Water Plumbing
No one wants to have a plumbing problem, least of all a plumbing emergency, which is why we...
بواسطة timothyfocken 2023-09-22 05:05:25 0 2كيلو بايت