According to a market report by Lucintel, the future of the global glass fiber-based SMC market looks promising with opportunities in the transportation, electrical and electronic, and construction markets. The global glass fiber-based SMC market is expected to grow with a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are increasing demand for lightweight materials and growing emphasis on sustainability and recyclability.
A more than 150-page report to understand trends, opportunity and forecast in glass fiber-based SMC market to 2030 by application (pickup box, fender, door panel, bumper, electrical housing, household fixture, bathtub, and others), end use (transportation, electrical & electronic, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the application category, pickup box is expected to witness the highest growth over the forecast period.
Within the end use category, transportation is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness highest growth over the forecast period.
Owens Corning, Jushi, Chongqing Polycomp International, Taishan Fiberglass, Taiwan Glass, Nippon Electric Glass, Sichuan Weibo are the major suppliers in the glass fiber-based SMC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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