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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)

Market Report I 2023-03-30 I 121 Pages I The Insight Partners

Discounted by 30% to 2024-06-30

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.

Bulk molding compounds are made by mixing unsaturated thermoset resin-like polyester resin, vinyl ester resin, or epoxy resin together with strands of chopped glass fibers, styrene, an initiator, and a filler in a mixer. Depending on the application, the bulk molding compounds are formulated to achieve close dimensional control, track and flame resistance, corrosion, electrical insulation, stain resistance, low shrink, and color stability. Based on resin type, the bulk molding compounds market is categorized into polyester, vinyl resin, and others. In 2022, the polyester segment dominated the market. Polyester has the excellent characteristic of retaining its shape. The market growth is mainly driven by the growing demand for bulk molding compounds from various end-use industries such as automotive, building & construction, and aerospace.

Based on fiber type, the North America bulk molding compounds market is segmented into glass fiber and carbon fiber. The glass fiber segment accounted for the largest market share in 2022. Glass is the oldest and most familiar form of performance fibers, which is prominently used across various end-use industries. Glass fibers are looked upon as a versatile class of materials that are extensively used as a reinforcement fiber for polymeric resins, including epoxy and unsaturated polyester. Glass fibers exhibit distinct advantages such as high strength with low density and cost-effectiveness. Compared to carbon fibers, glass fibers are quite cheaper, less brittle, and easily available in the market. Further, their bulk strength and weight properties are considered ideal compared to other metals, and they can be easily manufactured using molding processes. Such properties make glass a suitable material to be used across various applications.

Based on country, the North America bulk molding compounds market is segmented into the US, Canada, and Mexico. The US accounted for the largest market share in 2022. In the US, bulk molding compounds are highly used in automotive & transportation, aerospace, home appliances, electrical & electronics, building & construction, and other industries. The construction industry is one of the major industries in the US, and it creates US$ 1.4 trillion worth of structures each year. According to a 2022 report by the USA Facts Institute, the federal government of the US passed the Infrastructure Investments and Jobs Act in 2021, allocating US$ 550 billion in new federal infrastructure, including the repair or rebuilding of bridges, roads, rail, and airports, for the period of five years. Further, the US is witnessing a significant rise in the electric vehicles market. According to a report by the International Energy Agency, the sales of electric cars in the country doubled in 2021; the sales share increased by 4.5%, with 6.6 million units sold in that year. In addition, the rapid growth in the aerospace industry in the US is also positively influencing the North America bulk molding compounds market growth.

The key players operating in the North America bulk molding compounds market include 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. Players operating in the North America bulk molding compounds market focus on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities and new product launches.

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The overall global North America bulk molding compounds market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the North America bulk molding compounds market.

TABLE OF CONTENTS

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

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