Global Bulk Molding Compounds Market Projected to Reach $ 2.56 Billion by 2018
Bulk moulding compound (BMC) is a ready to mold, glass-fiber reinforced thermoset polyester material primarily used in injection moulding and compression moulding. Bulk moulding compound includes compression molding and injection molding on the base of classification, which represent 25% and 63% of global bulk moulding compound market.
Auto parts, electrical components and motor parts are the main application of bulk moulding compound product and Aisa is the largest bulk moulding compound market on production and consumption.
Global Bulk moulding compound market is projected to reach $ 2.56 Billion by 2018, with a GAGR of 8.5% from 2014, and Asia will have a big dynamic momentum on the market growth. The major players in the global Bulk moulding compound market are Showa,Fibermite, DIC, Huayuan, IDI, BMCI, Lorenz etc.
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