몰딩 컴파운드 시장 규모는 2022년에 121억 달러였습니다. 이 시장은 2023-2030년까지의 예측 기간에 6.2%의 CAGR로 추이하며, 2030년에는 195억 8,000만 달러에 달할 것으로 예측되고 있습니다. 몰딩 컴파운드는 필름, 시트, 파이프, 막대, 튜브 및 프로파일의 제조에 널리 사용되며 수많은 용도에 사용됩니다. 필름이나 랩의 제조에 몰딩 컴파운드가 널리 사용되고 있으므로 인구 증가와 함께 다양한 자동차 용품, 반도체 분야, 운수 산업의 수요가 증가합니다. 페놀과 에폭시와 같은 유기 필러의 수요가 증가함에 따라 최종 용도 산업의 몰딩 컴파운드는 예측 기간 중 큰 견인력을 얻는 것으로 예상됩니다.
향후 10년 동안 몰딩 컴파운드의 수요는 자동차 및 항공우주 분야를 포함한 다양한 최종 용도 산업에서 높아질 것으로 보입니다. 또한 내열성과 난연성의 적용 범위를 확대하는 것은 앞으로 수년간 시장의 매출 성장을 끌어올릴 것으로 예상되는 중요한 요소입니다. 내열성, 난연성, 높은 절연 내력, 내식성 등 몰딩 컴파운드의 우수한 물리적 특성은 예측 기간 중 시장 수요에 박차를 가할 것으로 예상됩니다.
SMC/BMC를 사용하여 다양한 전기, 전자 및 가전 제품이 제조됩니다. 이 제품에는 퓨즈, 개폐 장비, TV, 냉장고, 커피메이커, 토스터, 다리미, 에어컨 등이 포함됩니다. 예측 기간 중, 도시화의 진전과 인구의 현저한 증가는 시장 수요를 촉진하는 것으로 보입니다. 또한 중국 정부는 국내의 가전 산업에 투자하고 있으며, 예측 기간 중 동 부문으로부터의 SMC/BMC 수요가 증가할 것으로 예상됩니다.
중국은 세계 최대 제조 거점으로 스마트폰, 컴퓨터, 클라우드 서버, 통신 인프라 등 세계 전자의 36%를 생산합니다. 또한 중국은 반도체를 통합한 전자기기의 최종 소비시장으로서 미국에 이어 두 번째로 큽니다. 따라서 이러한 요인들로부터 향후 수년간 몰딩 컴파운드 시장에 큰 수요가 예상됩니다.
이 분야는 원자재 운송, 노동력 부족, 공급망 문제 등 여러 가지 문제를 해결해야 했습니다. 또한 공급망 중단과 운영상의 제약으로 인해 여러 국가의 생산 거점이 폐쇄되었습니다. 예를 들어, 중국은 세계에서 세 번째로 바쁜 항구인 닝보-저우산의 터미널 운영을 잠시 중단했습니다. 공급망 중단은 폴리에스테르 수지, 유리 섬유 보강재, 필러와 같은 원자재의 수출입에 큰 영향을 미칩니다. COVID019 기간 동안 여러 시트 몰딩 컴파운드 생산업체는 유동성, 신용 회복, 금리 문제를 경험했습니다. 또한, 특히 개발도상국에서는 유동성 문제와 적절한 금융 부족으로 인해 코로나 이후 업계의 생존 가능성이 위협받았으며, 몇몇 기업은 파산에 내몰렸습니다. 하지만 수요와 경제 성장이 빠르게 가속화되면서 시트 몰딩 컴파운드에 대한 수요는 증가하고 있습니다.
세계의 몰딩 컴파운드(Molding Compound) 시장에 대해 조사했으며, 시장 개요/몰딩 유형별·컴파운드 유형별·사출성형별·지역별 동향/시장 진입 기업 개요 등을 제공합니다.
Molding Compound Market size was valued at USD 12.1 billion in 2022, expected to reach USD 19.58 billion in 2030 with a CAGR of 6.2% for the forecast period between 2023 and 2030. Molding compounds are extensively used in producing films, sheets, pipes, rods, tubes, and profiles for numerous applications. Owing to the widespread use of molding compounds in the production of films and wraps, coupled with the increase in population, has increased the demand for a variety of automotive goods, semiconductor sectors, and the transportation industry. With the rise in demand for organic fillers such as phenolic and epoxy, molding compounds in the end-use industries are expected to gain significant traction during the forecast period.
Over the next ten years, the demand for molding compounds will rise across various end-use industries, including the automotive and aerospace sectors. In addition, expanding the application scope for heat and flame resistance is a crucial element anticipated to boost the global market revenue growth over the coming years. The superior physical properties of molding compounds, such as heat resistance, flame resistance, high dielectric strength, and corrosion resistance, are anticipated to spur the demand for the market over the forecast period.
Various electrical, electronic, and home appliance goods are produced using SMC/BMC. These goods include fuses, switchgear, televisions, refrigerators, coffee makers, toasters, irons, and air conditioners. Over the projection period, increasing urbanization and strong population growth will likely fuel market demand. Additionally, the Chinese government has invested in the nation's electronics industry, which is anticipated to increase the demand for SMC/BMC from the sector throughout the projection period.
China is the world's largest manufacturing hub, producing 36% of the world's electronics, including smartphones, computers, cloud servers, and telecom infrastructure. In addition, China is the second-largest final consumption market, after the United States, for electronic devices embedded with semiconductors. Thus, these factors are expected to project a significant demand for the molding compound market in the coming years.
Sheet molding compounds are used by Original Equipment Manufacturers (OEM) of automobiles to cut weight and fuel consumption. Compared to aluminum sheets, sheet molding materials are lightweight and robustly resistant. Automobile manufacturers utilize SMC compounds to protect against dents, impact dings, and corrosion compared to conventional steel decks. The number of motor cars manufactured globally in 2021 was USD 79.1 million, up 1.3% from 2020, according to the European Automobile Manufacturers' Association (ACEA). Compounds for sheet molding are being purchased to make battery casings for electric vehicles (EV). These elements have a substantial impact on the market for sheet molding compound growth. In addition, several top automakers emphasize using eco-friendly materials and bio-based sheet composition to create prototype cars.
During the projected period, the market is expected to rise due to rising demand in the construction sector. A wide range of activities are included in the construction sector, including building and infrastructure construction, product manufacturing and supply, as well as repair, maintenance, and disposal. Plastics, paints, varnishes, floors, primers and sealants, adhesives, and other building materials and components are all made with specialty resin. Owing to their exceptional resistance towards blistering, stains, cracks, chemicals, and harsh temperatures these specialty resins are often used across the commercial and residential buildings, marine industry, automotive, and wastewater treatment facilities among other places. They provide outstanding adhesion, high anti-corrosion, and low volatile organic compound performance.
The sector has had to deal with several issues, including the transportation of raw materials, a labor shortage, and supply chain issues. Additionally, production locations throughout several nations have closed due to supply chain disruptions and operational constraints. For instance, China briefly suspended terminal operations at the third busiest port in the world, Ningbo-Zhoushan. Supply chain interruptions significantly influence the import and export of raw materials such as polyester resin, glass fiber reinforcement, and filler. During COVID-19, several sheet molding compound producers experienced problems with liquidity, credit recovery, and interest rates. Additionally, liquidity problems and a lack of adequate finance, particularly in developing nations, threatened the industry's viability after post-covid, and several organizations were forced into bankruptcy. The demand for sheet molding compounds is increasing, though, as demand and economic growth are accelerating swiftly.
Impacts on semiconductor output in the short term are anticipated to be moderate. However, chipmakers and consumers will be impacted by the war's implications on raw material pricing, supply-chain restrictions, and general uncertainty. The war constantly impacted the semiconductor business, which is expected to impact the expanding chip utilization sector. The chip demand and supply moved at vastly divergent rates due to root problems that are challenging to solve. Demand changes quickly and frequently, whether it is in terms of volume or chip designs.
However, as it takes time to adapt in the manufacturing lines or increase capacity, efforts to adjust supply almost invariably lag changes in demand. For instance, the number of chips used in cars scaled by 40% on average between 2019 and 2021, and this trend is expected to continue with the growth of electric vehicles. Thus, the war between Russia and Ukraine majorly impacted the electronics and automotive industry and its application of molding compounds.
The molding compound market is highly competitive, with a few major players dominating the market. These players are Toray Advanced Composites, Huntsman International LLC, Showa Denko Materials Co. Ltd, KYOCERA Corporation, and BASF SE. These companies have a strong brand presence, a vast distribution network, and a focus on innovation. They are constantly investing in research and development to develop new technologies and products that meet the needs of their customers. The global molding compound market is expected to grow, driven by the increasing demand for passenger cars, light commercial vehicles, and heavy-duty vehicles.
For instance, in August 2022, Ford Motors and John Deer collaborated to develop the gator UTV concept-the bio-based sheet molding compound used to make sustainable roofing components. Over the projection period, several product improvements are anticipated to fuel the market expansion.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work