Product Code: ETC4512508 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore SMC and BMC market is an integral part of the composites industry. These materials are widely used in the production of lightweight and durable components in automotive, aerospace, and construction. The market has experienced consistent growth owing to the increasing demand for sustainable and energy-efficient solutions in these industries. Singapore commitment to research and development and its skilled labor force contribute to the market`s expansion.
The Singapore Sheet Molding Compound (SMC) and Bulk Molding Compound (BMC) market are driven by the automotive, aerospace, and construction industries that require strong, lightweight, and corrosion-resistant composite materials for various applications. SMC and BMC materials are used in automotive body panels, electrical enclosures, and structural components. As industries prioritize materials that offer design flexibility, durability, and reduced weight, the demand for SMC and BMC materials is expected to rise, fostering innovation in composite manufacturing and product design.
The Singapore Sheet Molding Compound (SMC) and Bulk Molding Compound (BMC) Market encounters challenges associated with achieving consistent material properties and efficient production. Meeting industry standards for mechanical performance, flame resistance, and aesthetics while optimizing the molding process is a key challenge. Additionally, addressing concerns about emissions and waste management in the manufacturing process poses ongoing hurdles.
The Singapore SMC and BMC market experienced mixed effects due to the COVID-19 pandemic. While some industries faced disruptions and reduced demand for SMC and BMC materials, others, particularly in construction and infrastructure projects, continued to rely on these composites. The pandemic emphasized the importance of materials with excellent mechanical properties, durability, and resistance to environmental factors. As post-pandemic projects gain momentum, the market is expected to show recovery, with a focus on sustainable and efficient materials.
In the SMC and BMC market in Singapore, key players like A. Schulman (now part of LyondellBasell), IDI Composites International, and Menzolit cater to the needs of automotive, construction, and electrical industries. They are known for providing high-performance composite materials, including SMC and BMC, which are integral in manufacturing lightweight and durable components.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Sheet Molding Compound , Bulk Molding Compound Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market - Industry Life Cycle |
3.4 Singapore Sheet Molding Compound , Bulk Molding Compound Market - Porter's Five Forces |
3.5 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Sheet Molding Compound , Bulk Molding Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various end-use industries |
4.2.2 Increasing adoption of sheet molding compound (SMC) and bulk molding compound (BMC) in automotive applications |
4.2.3 Technological advancements leading to improved properties and performance of SMC and BMC products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Strict regulatory requirements related to emissions and safety standards |
4.3.3 Intense competition from alternative materials like aluminum and carbon fiber composites |
5 Singapore Sheet Molding Compound , Bulk Molding Compound Market Trends |
6 Singapore Sheet Molding Compound , Bulk Molding Compound Market, By Types |
6.1 Singapore Sheet Molding Compound , Bulk Molding Compound Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Polyester , 2021-2031F |
6.1.4 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Glass Fiber , 2021-2031F |
6.2.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.4 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Construction , 2021-2031F |
6.3.5 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Sheet Molding Compound , Bulk Molding Compound Market Import-Export Trade Statistics |
7.1 Singapore Sheet Molding Compound , Bulk Molding Compound Market Export to Major Countries |
7.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Imports from Major Countries |
8 Singapore Sheet Molding Compound , Bulk Molding Compound Market Key Performance Indicators |
8.1 Research and development investment in new SMC and BMC formulations |
8.2 Adoption rate of SMC and BMC in emerging applications |
8.3 Percentage of customer satisfaction and retention for SMC and BMC products |
9 Singapore Sheet Molding Compound , Bulk Molding Compound Market - Opportunity Assessment |
9.1 Singapore Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Singapore Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Sheet Molding Compound , Bulk Molding Compound Market - Competitive Landscape |
10.1 Singapore Sheet Molding Compound , Bulk Molding Compound Market Revenue Share, By Companies, 2024 |
10.2 Singapore Sheet Molding Compound , Bulk Molding Compound Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |