North America Bulk Molding Compounds Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Resin Type (Polyester, Vinyl Resin, and Others), Fiber Type (Glass Fiber and Carbon Fiber), Manufacturing Technique (Injection Molding, Compression Molding, and Others), and Application (Electrical Industry, Automotive Industry, Building and Construction, and Others)
The North America bulk molding compounds market size is expected to grow from US$ 450.67 million in 2022 to US$ 615.23 million by 2028; it is estimated to register a CAGR of 5.3% from 2022 to 2028.
Market Introduction
Bulk molding compounds are highly filled and reinforced with short fibers. Bulk molding compounds are manufactured using injection molding and compression molding techniques. Bulk molding compounds are available in various colors and can tolerate powder-coat or water-based paint. These compounds find application in electrical, automotive, building & construction, and many other industries.
Market Overview and Dynamics
Bulk molding compounds are known to have a comparatively lower environmental impact than conventional materials such as metals, thermoplastic polymers, and concrete. Bulk molding compounds have less weight and better lifetime. Also, bulk molding compound-based parts have the ability to recycle.
Sustainability has become an important factor in the advancement of the manufacturing sector. The potential use of a sustainable form of polymer-based composites are being increasingly demanded across automotive & transportation, electrical, and construction industries. This has positively impacted the demand for bulk molding compounds. Hence, the growing adoption of sustainable materials is expected to offer more lucrative opportunities for the North America bulk molding compounds market growth during the forecast period.
Key Market Segments
Based on manufacturing technique, the North America bulk molding compounds market is segmented into injection molding, compression molding, and others. The injection molding segment accounted for the largest share in 2022. Injection molding is a manufacturing process in which the compounds are fed into a heated barrel, mixed, and forced into a mold cavity, where the compounds cool and harden to the configuration of the mold cavity. The process is utilized for relatively small components for which a short cycle can be achieved. Injection molding is used to create many things such as wire spools, packaging, bottle caps, automotive dashboards, pocket combs, and many other plastic products available today.
Based on application, the North America bulk molding compounds market is segmented into electrical industry, automotive industry, building and construction, and others. The automotive segment accounted for the largest market share in 2022. Bulk molding compounds are fiber-reinforced materials that utilize glass strand fibers of varying lengths. These materials are meant for automotive and transportation body panels. These materials possess a minimal expansion characteristic. They are not intended to offer superior color properties but will provide a suitable surface quality for adhesion. Bulk molding compounds are also used in the manufacturing of different railway parts. These composites offer fire resistance, corrosion resistance, and durability. These compounds have been designed to fulfil the broad range of new requirements in rail vehicle parts construction with regard to their mechanical properties and flame retardant behavior.
Major Sources and Companies Listed
Major primary and secondary sources referred to for preparing this report on the North America bulk molding compounds market include paid databases (Factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Toray TCAC Holding BV, Industrial Dielectrics Inc, Haysite Reinforced Plastics LLC, Mar-Bal Inc, LyondellBasell Industries NV, Core Molding Technologies Inc, Polynt SpA, Cuyahoga Plastics, Johns Manville Corp, and Huayuan Advanced Materials Co Ltd. are among the major players operating in the North America bulk molding compounds market.
Reasons to Buy Report
- Progressive industry trends in the North America bulk molding compounds market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the North America bulk molding compounds market from 2020 to 2028
- Estimation of the demand for bulk molding compounds in North America across various industries
- Recent developments to understand the competitive market scenario and the demand for bulk molding compounds in North America
- Market trends and outlook, coupled with factors driving and restraining the growth of the North America bulk molding compounds
- Decision-making process by understanding strategies that underpin commercial interest with regard to North America bulk molding compounds market growth
- North America bulk molding compounds market size at various nodes of market
- Detailed overview and segmentation of the North America bulk molding compounds market as well as its dynamics in the industry
- North America bulk molding compounds market size in various regions with promising growth opportunities
North America Bulk Molding Compounds Market Segmentation
Based on resin type, the North America bulk molding compounds market is segmented into polyester, vinyl resin, and others. Based on fiber type, the North America bulk molding compounds market is segmented into glass fiber and carbon fiber. Based on manufacturing technique, the North America bulk molding compounds market is segmented into injection molding, compression molding, and others. Based on application, the North America bulk molding compounds market is segmented into electrical industry, automotive industry, building and construction, and others. Based on country, the North America bulk molding compounds market is segmented into the US, Canada, and Mexico.
Company Profiles
- Toray TCAC Holding BV
- Industrial Dielectrics Inc
- Haysite Reinforced Plastics LLC
- Mar-Bal Inc
- LyondellBasell Industries NV
- Core Molding Technologies Inc
- Polynt SpA
- Cuyahoga Plastics
- Johns Manville Corp
- Huayuan Advanced Materials Co Ltd
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Bulk Molding Compounds (BMC) Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industries
4.4 Expert Opinion
5. Bulk Molding Compounds (BMC) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising demand for lightweight, high strength, and fire-resistant materials
5.1.2 Growth of the construction industry in North America
5.2 Market Restraints
5.2.1 High cost of raw materials in comparison with traditional materials
5.3 Market Opportunities:
5.3.1 Adoption of sustainable materials
5.4 Future Trends:
5.4.1 Technological innovations related to Bulk Molding Compounds (BMC)
5.5 Impact Analysis
6. Bulk Molding Compound (BMC)– North America Market Analysis
6.1 Bulk Molding Compounds (BMC) Market Overview
6.2 Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning
7. North America Bulk Molding Compounds (BMC) Market Analysis – By Resin Type
7.1 Overview
7.2 North America Bulk Molding Compounds (BMC) Market Breakdown, by Resin Type, (2021 & 2028)
7.3 Polyester
7.3.1 Overview
7.3.2 Polyester: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Vinyl Resin
7.4.1 Overview
7.4.2 Vinyl Resin: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Bulk Molding Compounds (BMC) Market Analysis – By Fiber Type
8.1 Overview
8.2 North America Bulk Molding Compounds (BMC) Market Breakdown, by Fiber Type, (2021 & 2028)
8.3 Glass Fiber
8.3.1 Overview
8.3.2 Glass Fiber: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Carbon Fiber
8.4.1 Overview
8.4.2 Carbon Fiber: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Bulk Molding Compounds (BMC) Market Analysis – By Manufacturing Technique
9.1 Overview
9.2 North America Bulk Molding Compounds (BMC) Market Breakdown, by Manufacturing Technique, (2021 & 2028)
9.3 Injection Molding
9.3.1 Overview
9.3.2 Injection Molding: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Compression Molding
9.4.1 Overview
9.4.2 Compression Molding: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Bulk Molding Compounds (BMC) Market Analysis – By Application
10.1 Overview
10.2 North America Bulk Molding Compounds (BMC) Market Breakdown, by Application, (2021 & 2028)
10.3 Electrical Industry
10.3.1 Overview
10.3.2 Electrical Industry: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Automotive Industry
10.4.1 Overview
10.4.2 Automotive Industry: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Building & Construction
10.5.1 Overview
10.5.2 Building & Construction: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Bulk Molding Compounds (BMC) Market – Country Analysis
11.1 Overview:
11.2 North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country
11.2.1 US: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
11.2.1.1 US: Bulk Molding Compounds (BMC) Market, by Resin Type
11.2.1.2 US: Bulk Molding Compounds (BMC) Market, by Fiber Type
11.2.1.3 US: Bulk Molding Compounds (BMC) Market, by Manufacturing Technique
11.2.1.4 US: Bulk Molding Compounds (BMC) Market, by Application
11.2.2 Canada: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
11.2.2.1 Canada: Bulk Molding Compounds (BMC) Market, by Resin Type
11.2.2.2 Canada: Bulk Molding Compounds (BMC) Market, by Fiber Type
11.2.2.3 Canada: Bulk Molding Compounds (BMC) Market, by Manufacturing Technique
11.2.2.4 Canada: Bulk Molding Compounds (BMC) Market, by Application
11.2.3 Mexico: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
11.2.3.1 Mexico: Bulk Molding Compounds (BMC) Market, by Resin Type
11.2.3.2 Mexico: Bulk Molding Compounds (BMC) Market, by Fiber Type
11.2.3.3 Mexico: Bulk Molding Compounds (BMC) Market, by Manufacturing Technique
11.2.3.4 Mexico: Bulk Molding Compounds (BMC) Market, by Application
12. Overview- Impact of COVID-19
12.1 Impact of COVID-19 on North America Bulk Molding Compounds Market
13. Industry Landscape
13.1 Overview
13.2 Mergers and Acquisitions
13.3 Other Business Strategies
14. Company Profiles
14.1 Toray TCAC Holding BV
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Industrial Dielectrics Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Haysite Reinforced Plastics LLC
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Mar-Bal Inc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 LyondellBasell Industries NV
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Core Molding Technologies Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Polynt SpA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Cuyahoga Plastics
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Johns Manville Corp
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Huayuan Advanced Materials Co Ltd
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Bulk Molding Compounds (BMC) Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Bulk Molding Compounds (BMC) Market, by Manufacturing Technique– Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Bulk Molding Compounds (BMC) Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. US Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Bulk Molding Compounds (BMC) Market, by Manufacturing Technique – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Bulk Molding Compounds (BMC) Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Bulk Molding Compounds (BMC) Market, by Manufacturing Technique – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Bulk Molding Compounds (BMC) Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Bulk Molding Compounds (BMC) Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Bulk Molding Compounds (BMC) Market, by Fiber Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Bulk Molding Compounds (BMC) Market, by Manufacturing Technique – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico Bulk Molding Compounds (BMC) Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 18. Glossary of Terms, North America Bulk Molding Compounds (BMC) Market
LIST OF FIGURES
Figure 1. Bulk Molding Compounds (BMC) Market Segmentation
Figure 2. Bulk Molding Compounds (BMC) Market Segmentation – By Country
Figure 3. North America Bulk Molding Compounds (BMC) Market Overview
Figure 4. Glass Fiber Segment Held Largest Share of North America Bulk Molding Compounds (BMC) Market
Figure 5. US Region Held Largest Share of North America Bulk Molding Compounds (BMC) Market
Figure 6. North America Bulk Molding Compounds (BMC) Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Ecosystem: North America Bulk Molding Compounds Market
Figure 9. Expert Opinion
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Bulk Molding Compounds (BMC) Market
Figure 12. Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Bulk Molding Compounds (BMC) Market Breakdown, by Resin Type, (2021 & 2028)
Figure 14. Polyester: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Vinyl Resin: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Bulk Molding Compounds (BMC) Market Breakdown, by Fiber Type, (2021 & 2028)
Figure 18. Glass Fiber: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Carbon Fiber: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Bulk Molding Compounds (BMC) Market Breakdown, by Manufacturing Technique, (2021 & 2028)
Figure 21. Injection Molding: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Compression Molding: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Bulk Molding Compounds (BMC) Market Breakdown, by Application, (2021 & 2028)
Figure 25. Electrical Industry: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Automotive Industry: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Building & Construction: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Others: North America Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Bulk Molding Compounds (BMC) Market Revenue Share, by Key Country (2021 and 2028)
Figure 30. US: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Bulk Molding Compounds (BMC) Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic on Market in North America
The List of Companies - North America Bulk Molding Compounds Market
- Toray TCAC Holding BV
- Industrial Dielectrics Inc
- Haysite Reinforced Plastics LLC
- Mar-Bal Inc
- LyondellBasell Industries NV
- Core Molding Technologies Inc
- Polynt SpA
- Cuyahoga Plastics
- Johns Manville Corp
- Huayuan Advanced Materials Co Ltd
- 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 North America bulk molding compounds market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.