Global Low Density Sheet Moulding Compound (SMC) market cagr 15.6%

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Low Density Sheet Moulding

Compound (SMC)

Market

Low Density Sheet Moulding Compound (SMC)

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Low Density Sheet Moulding Compound (SMC) Market Size and Growth

The global Low Density Sheet Moulding Compound (SMC) market research report indicates a steady growth trajectory driven by increasing demand in automotive and construction industries. The market size is expected to reach USD XX billion by 2025, with a CAGR of X.X%. Rising focus on lightweight materials for fuel efficiency and sustainability is driving market growth.

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Companies Covered (Covid 19 Impact Covered)

◍ Core Molding Technologies

◍ Teijin (Continental Structural Plastics)

◍ IDI Composites International

◍ Polynt

◍ Polmix

◍ Menzolit GmbH

◍ Changzhou Huari New Material

The Low Density Sheet Moulding Compound (SMC) Market is highly competitive with companies like Core Molding Technologies, Teijin (Continental Structural Plastics), IDI Composites International, Polynt, Polmix, Menzolit GmbH, and Changzhou Huari New Material operating in the market. These companies utilize SMC to manufacture lightweight and durable products, contributing to the growth of the market.

- Core Molding Technologies: $390 million

- Teijin (Continental Structural Plastics): $652 million

- IDI Composites International: $235 million

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Market Segmentation

By Application

◍ Automotive

◍ Transport

By Product

◍ Polyester

◍ Vinyl Ester

◍ Epoxy

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$ X Billion USD
Market Growth
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