South America Bulk Molding Compound (BMC) Market

Market Introduction

South America includes countries such as Brazil, Argentina, and the rest of South America. The continuous technological and industrial developments have positively impacted on the economic growth of countries such as Brazil and Argentina. The changing economic condition in South America coupled with the growth of automotive, aerospace and other industries along with increasing support from the government for increasing the industrial production provide a huge developing potential for the and Bulk Molding Compounds (BMC) Market players in South and Central America. The use of BMC process is rising with the growing awareness towards environment sustainability. Moreover, the constant research and development by the key players to develop environmentally friendly products are anticipated to provide a developing opportunity for the market players over the forecast period.

South America Bulk Molding Compound (BMC) Strategic Insights

Strategic insights for the South America Bulk Molding Compound (BMC) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Bulk Molding Compound (BMC) Report Scope

South America Bulk Molding Compound (BMC) Regional Insights

The geographic scope of the South America Bulk Molding Compound (BMC) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The bulk molding compound market in SAM is expected to grow from US$ 100.87 million in 2019 to US$ 138.65 million by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. BMC (Bulk Molding Compound) are fiber-reinforced polymer composite which are known for their higher mechanical strength, high dimensional stability, excellent electrical properties and many other relative properties. Such properties makes them ideal for use in several end use industries such as automotive and transportation, aerospace, building and construction and others. Therefore, the growth in these industries in the region is expected to lead to the growth of the Bulk Molding Compounds (BMC) Market. Demand for BMC is high, and industrialists are eyeing for opportunities to enlarge their business operations with improving economic conditions. BMC promote environment sustainability than other materials such as metals, thermoplastic polymers and concrete and are fully compliant with REACH legislation.

COVID 19 has impacted the major countries of SAM. Most of the countries in the region are under lockdown, which is impacting the bulk molding compound market. This is likely to impact the chemicals and materials industry in the region, mainly due disrupted supply and distribution chains.

Key Market Segments

In terms of resin type, the polyester segment accounted for the largest share of the SAM bulk molding compound market. In 2019 In terms of fiber type, glass fiber held the largest market share in 2019. In terms of application, electrical industry account for the largest share of the SAM bulk molding compound market.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM bulk molding compound market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ASTAR S.A., Core Molding Technologies, IDI Composites International, Toray TCAC Holding B.V., MENZOLIT, PolyntSpA, SHOWA DENKO K.K., and HGGC, LLC.

Reasons to Buy Report

• Understand the SAM bulk molding compound market landscape and identify segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive market landscape in SAM
• Efficiently plan mergers and acquisitions, and partnership deals in the SAM bulk molding compound market by identifying market segments with the most promising probable sales
• Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
• Obtain market revenue forecast for market by various segments for the period 2019–2027

SAM Bulk Molding Compound Market Segmentation

SAM Bulk Molding Compound Market, by Resin Type

• Polyester
• Vinyl Resin
• Other

SAM Bulk Molding Compound Market, by Fiber Type

• Glass Fiber
• Carbon Fiber

SAM Bulk Molding Compound Market – by Application

• Electrical Industry
• Automotive Industry
• Others

SAM Bulk Molding Compound Market – by Country

• • Argentina
  • Brazil
  • Rest of SAM

Company Profiles

• ASTAR S.A.
• Core Molding Technologies
• IDI Composites International
• Toray TCAC Holding B.V.
• MENZOLIT
• PolyntSpA
• SHOWA DENKO K.K.
• HGGC, LLC.