Growth Opportunities for the Global Sheet Molding Compound Market 2014-2019: Trends, Forecast, and Market Analysis
DUBLIN, October 29, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/llg47x/growth) has announced the addition of the "Growth Opportunities for the Global Sheet Molding Compound Market 2014-2019: Trends, Forecast, and Market Analysis" report to their offering.
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The global sheet molding compound market is expected to grow at a CAGR of 5.5% during 2014-2019.
The major driver of the sheet molding compound market is the increasing focus on lightweight materials in the automotive industry to achieve fuel efficiency. The demand for sheet molding compound is driven by the growth in end user applications, such as transportation, electrical & electronics, and construction industry. Asia Pacific is the largest consumer of the global sheet molding compound market, driven by growth in end user industries in China and India.
The author has analyzed the global sheet molding compound market by various segments and regions, and has come up with a comprehensive research report Growth Opportunities for the Global Sheet Molding Compound Market 2014-2019: Trends, Forecast, and Market Analysis. This report provides an analysis of the sheet molding compound market including analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes the global sheet molding compound market forecasts through 2019, segmented by regions and markets as follows:
On the basis of its comprehensive research, the author forecasts that the global sheet molding compound market is expected to depict a moderate growth during 2014-2019. The transportation industry is expected to remain the largest segment in terms of both value and volume during the forecast period. The major driving force behind the growth of the market is the increasing penetration of SMC materials in the automotive industry to reduce the overall weight of the vehicle in order to achieve better fuel efficiency. IDI Composites International, Premix, Menzolit, Magna, Polynt, and Continental Structural Plastics are some of the major producers of sheet molding compound materials for various applications.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. Industry Background and Classifications
3. Market Trend and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunity and Strategic Analysis
6. Company Profiles of Leading Players
For more information visit http://www.researchandmarkets.com/research/llg47x/growth
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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