The Europe bulk molding compound market is expected to grow from US$ 239.60 million in 2019 to US$ 340.02 million by 2027; it is estimated to grow at a CAGR of 4.6% from 2020 to 2027. The Europe bulk molding compound market is driven by the growth of construction industry across the region. Construction is one of the most dynamic industrial sectors for improving the standard of living across the world. Emerging trends such as growing demand for green construction to minimize carbon footprint, rising use of improved materials, and growing use of fiber-reinforced polymer composites for the rehabilitation of aging structures drive the growth of this industry. The demand for lightweight and strong materials such as metal alloys, composites and polymers is propelling the transformation in the construction industry. These compounds are preferred more than conventional materials such as iron, aluminum, and steel, as they are considered an important element in the field of fiber-reinforced plastics. Moreover, they are ideally used in the processing industry to meet its dynamic requirements. Thus, the Europe bulk molding compound market is anticipated to grow during the forecast period. Based on application, the electrical segment led the Europe bulk molding compound market in 2019.Electronics is one of the earliest industries that used BMC in its applications.
The composite material is lighter and tougher than ceramics; also, it has better pigment ability than phenolic molding materials.It provides an ideal combination of chemical resistance, mechanical strength, electrical insulation, and heat resistance.
In the electrical and electronics industries, BMC is used in various applications—such as low voltage and medium voltage energy systems, cabinets, junction boxes, fuses and switchgear, motor and anchor insulations, encapsulation of wiring and electronic circuits, electrical components with reduced surface resistivity, and in lamp housings—for best results and maximum benefits. Several European countries are observing lockdown to limit the spread of the COVID-19.In the highly affected countries, social distancing has been imposed.
As per the recent data, Russia has reported the highest number of the COVID-19 cases in Europe. Also, Spain, Germany, France, and the UK are adversely affected and expected to suffer an economic downturn due to the lack of revenues from various industries. The overall Europe bulk molding compound 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.
The process also serves the purpose of obtaining an overview and forecast for the Europe bulk molding compound market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants typically associated with 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 Europe bulk molding compound market. ASTAR S.A.; Core Molding Technologies; IDI Composites International; Toray TCAC Holding B.V.; MENZOLIT; PolyntSpA; SHOWA DENKO K.K.; Dasyc S.A; Lorenz Kunststofftechnik GMBH; and HGGC, LLC are among the players operating in the Europe bulk molding compound market.
Our reports have been used by over 10K customers, including:
Forge on: Recovering construction markets will return this industry to growth Abstract Industrial Building Construction in the US The Industrial Building Construction industry constructs, remodels and maintains factories, assembly plants and mineral-processing mills. The health of the US Manufacturing...
Global output of engineering and metal goods is expected to have reached 97% of its prepandemic (Q4 2019) output level in Q3 2020. Following the sharp initial rebound, a more moderate pace of growth should see the sector fully recover by Q3 2021. We expect to see a slower rate of recovery in engineering and metal goods compared to overall...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Precision Parts Market Report
The precision parts market by revenue is expected to grow at a CAGR of over 10% during the period 2019–2025.
The global precision parts market is projected to observe growth on account of the increase in...
This study covers the world outlook for computer numerical controls (CNC) across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These...
This study covers the world outlook for arc welding apparatus and related equipment across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the...
This study covers the world outlook for complete direct current arc welding units excluding stud welding equipment across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country...
This study covers the world outlook for non-ferrous metal coiled and spooled continuous solid wire electrodes for automatic arc and inert gas welding excluding hard-facing electrodes across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in...
This study covers the world outlook for dentures across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks...
This study covers the world outlook for pico projectors across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative...
“Electronics segment to be the largest market during the forecast period” The high purity gases market size is estimated to grow from USD 20,836.6 million in 2015 to USD 28,164.0 million by 2020, at an estimated CAGR of 6.2% from 2015 to 2020. The electronics segment is estimated to contribute the largest market share during...
Electronics
Natural Gas
Automotive
Manufacturing
Sport Practice
Aerospace
Transportation
APAC
Metal Production
Hydrogen Production
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.