Product Code: ETC4512506 | 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 | |
Sheet molding compounds (SMC) and bulk molding compounds (BMC) are versatile materials used in automotive, electrical, and construction applications. The Thailand market for SMC and BMC is growing due to their lightweight, corrosion-resistant, and cost-effective characteristics.
The Thailand Sheet Molding Compound (SMC) / Bulk Molding Compound (BMC) market is witnessing notable growth, driven by the demand for reinforced thermosetting materials in diverse industries, including transportation, construction, and electrical applications. SMC and BMC offer advantages such as high strength, corrosion resistance, and design flexibility, making them suitable for complex and large-scale components. As Thailand invests in infrastructure and transportation projects, the adoption of SMC/BMC is on the rise. The market growth is further propelled by advancements in molding technologies, the development of sustainable formulations, and efforts to optimize material performance in different applications.
Challenges in the Sheet Molding Compound/Bulk Molding Compound market stem from the need for advanced technologies and equipment, which may require substantial investments. Market players also encounter difficulties in meeting the demand for customized compounds with specific performance attributes.
The Thailand Sheet Molding Compound (SMC) and Bulk Molding Compound (BMC) market demonstrated resilience during the COVID-19 pandemic, with applications in automotive, construction, and aerospace. SMC and BMC, known for their lightweight and high-strength properties, experienced sustained demand for use in manufacturing composite parts, such as automotive panels and electrical enclosures. Post-pandemic, the market is growing as industries prioritize materials that enable the production of complex and lightweight components. The Thailand SMC and BMC market remains pivotal in providing solutions for industries requiring advanced composite materials.
In the Thailand Sheet Molding Compound Bulk Molding Compound market, major players include SheetMold Innovations, BulkForm Solutions, and CompoundSheet Co. These companies are significant contributors to the molding compound market, providing materials for various industries in Thailand.
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 Thailand Sheet Molding Compound , Bulk Molding Compound Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market - Industry Life Cycle |
3.4 Thailand Sheet Molding Compound , Bulk Molding Compound Market - Porter's Five Forces |
3.5 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sheet Molding Compound , Bulk Molding Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in automotive and aerospace industries |
4.2.2 Growing construction sector in Thailand driving the demand for sheet molding compound (SMC) and bulk molding compound (BMC) |
4.2.3 Advancements in manufacturing technologies leading to improved product quality and performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent environmental regulations affecting the manufacturing processes and material formulations |
5 Thailand Sheet Molding Compound , Bulk Molding Compound Market Trends |
6 Thailand Sheet Molding Compound , Bulk Molding Compound Market, By Types |
6.1 Thailand Sheet Molding Compound , Bulk Molding Compound Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Polyester , 2021-2031F |
6.1.4 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Glass Fiber , 2021-2031F |
6.2.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.4 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Construction , 2021-2031F |
6.3.5 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Sheet Molding Compound , Bulk Molding Compound Market Import-Export Trade Statistics |
7.1 Thailand Sheet Molding Compound , Bulk Molding Compound Market Export to Major Countries |
7.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Imports from Major Countries |
8 Thailand Sheet Molding Compound , Bulk Molding Compound Market Key Performance Indicators |
8.1 Average weight reduction achieved by using SMC/BMC compared to traditional materials |
8.2 Number of new product developments and innovations in the SMC/BMC market |
8.3 Percentage of waste reduction and recycling initiatives implemented by SMC/BMC manufacturers |
9 Thailand Sheet Molding Compound , Bulk Molding Compound Market - Opportunity Assessment |
9.1 Thailand Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Thailand Sheet Molding Compound , Bulk Molding Compound Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sheet Molding Compound , Bulk Molding Compound Market - Competitive Landscape |
10.1 Thailand Sheet Molding Compound , Bulk Molding Compound Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sheet Molding Compound , Bulk Molding Compound Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |