+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Molding Compounds Market By Resin Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

  • PDF Icon

    Report

  • 231 Pages
  • July 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670965
The global global molding compounds market was valued at $10.10 billion in 2021, and is projected to reach $17.02 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

Molding compounds are industrial resins and polymers that are suitable for manufacturing various designs and shapes in various applications such as household, manufacturing, industrial, and automotive. Molding compounds possess various properties such as it is corrosion resistant and has a good source of mechanical, electrical and electronics, and thermal insulating property.

The molding compounds market is segmented on the basis of resin type, application, and region. On the basis of resin type, the market is categorized into phenolic, epoxy, polyester, and others. On the basis of application, the market is divided into electrical and electronics, aerospace, automotive, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain intense competition in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global molding compounds market analysis from 2021 to 2031 to identify the prevailing global molding compounds market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global molding compounds market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global molding compounds market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Resin Type

  • Polyester
  • Phenolic
  • Epoxy
  • Others

By Application

  • Aerospace
  • Automotive
  • Electrical and Electronics
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Hexion Inc.
  • BASF SE
  • Hitachi Chemical Co.
  • Sumitomo Bakelite Co., Ltd.
  • IDI Composites International
  • CAPLINQ Corporation
  • SBHPP
  • Mar-Bal
  • Starfire Systems
  • Henkel Adhesives

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Value Chain Analysis
3.8.Key Regulation Analysis
CHAPTER 4: GLOBAL MOLDING COMPOUNDS MARKET, BY RESIN TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Polyester
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Phenolic
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Epoxy
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: GLOBAL MOLDING COMPOUNDS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Aerospace
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Automotive
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Electrical and Electronics
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: GLOBAL MOLDING COMPOUNDS MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Resin Type
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Resin Type
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Resin Type
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Resin Type
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Resin Type
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Resin Type
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 France
6.3.4.2.1 Market size and forecast, by Resin Type
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 U.K.
6.3.4.3.1 Market size and forecast, by Resin Type
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Italy
6.3.4.4.1 Market size and forecast, by Resin Type
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Spain
6.3.4.5.1 Market size and forecast, by Resin Type
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Resin Type
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Resin Type
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Resin Type
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Resin Type
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Resin Type
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Resin Type
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Australia
6.4.4.5.1 Market size and forecast, by Resin Type
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest Of Asia Pacific
6.4.4.6.1 Market size and forecast, by Resin Type
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Resin Type
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Resin Type
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Resin Type
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 South Africa
6.5.4.3.1 Market size and forecast, by Resin Type
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 Rest of LAMEA
6.5.4.4.1 Market size and forecast, by Resin Type
6.5.4.4.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Hexion Inc.
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 BASF SE
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Hitachi Chemical Co.
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Sumitomo Bakelite Co., Ltd.
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 IDI Composites International
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 CAPLINQ Corporation
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 SBHPP
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Mar-Bal
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Starfire Systems
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
8.10 Henkel Adhesives
8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 2. Global Molding Compounds Market Size, for Polyester, by Region, 2021-2031 ($Million)
Table 3. Global Molding Compounds Market for Polyester, by Country, 2021-2031 ($Million)
Table 4. Global Molding Compounds Market Size, for Phenolic, by Region, 2021-2031 ($Million)
Table 5. Global Molding Compounds Market for Phenolic, by Country, 2021-2031 ($Million)
Table 6. Global Molding Compounds Market Size, for Epoxy, by Region, 2021-2031 ($Million)
Table 7. Global Molding Compounds Market for Epoxy, by Country, 2021-2031 ($Million)
Table 8. Global Molding Compounds Market Size, for Others, by Region, 2021-2031 ($Million)
Table 9. Global Molding Compounds Market for Others, by Country, 2021-2031 ($Million)
Table 10. Global Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 11. Global Molding Compounds Market Size, for Aerospace, by Region, 2021-2031 ($Million)
Table 12. Global Molding Compounds Market for Aerospace, by Country, 2021-2031 ($Million)
Table 13. Global Molding Compounds Market Size, for Automotive, by Region, 2021-2031 ($Million)
Table 14. Global Molding Compounds Market for Automotive, by Country, 2021-2031 ($Million)
Table 15. Global Molding Compounds Market Size, for Electrical and Electronics, by Region, 2021-2031 ($Million)
Table 16. Global Molding Compounds Market for Electrical and Electronics, by Country, 2021-2031 ($Million)
Table 17. Global Molding Compounds Market Size, for Others, by Region, 2021-2031 ($Million)
Table 18. Global Molding Compounds Market for Others, by Country, 2021-2031 ($Million)
Table 19. Global Molding Compounds Market, by Region, 2021-2031 ($Million)
Table 20. North America Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 21. North America Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 22. North America Global Molding Compounds Market, by Country, 2021-2031 ($Million)
Table 23. U.S. Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 24. U.S. Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 25. Canada Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 26. Canada Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 27. Mexico Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 28. Mexico Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 29. Europe Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 30. Europe Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 31. Europe Global Molding Compounds Market, by Country, 2021-2031 ($Million)
Table 32. Germany Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 33. Germany Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 34. France Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 35. France Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 36. U.K. Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 37. U.K. Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 38. Italy Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 39. Italy Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 40. Spain Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 41. Spain Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 42. Rest of Europe Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 43. Rest of Europe Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 44. Asia-Pacific Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 45. Asia-Pacific Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 46. Asia-Pacific Global Molding Compounds Market, by Country, 2021-2031 ($Million)
Table 47. China Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 48. China Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 49. Japan Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 50. Japan Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 51. India Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 52. India Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 53. South Korea Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 54. South Korea Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 55. Australia Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 56. Australia Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 57. Rest of Asia-Pacific Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 58. Rest of Asia-Pacific Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 59. LAMEA Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 60. LAMEA Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 61. LAMEA Global Molding Compounds Market, by Country, 2021-2031 ($Million)
Table 62. Brazil Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 63. Brazil Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 64. Saudi Arabia Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 65. Saudi Arabia Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 66. South Africa Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 67. South Africa Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 68. Rest of LAMEA Global Molding Compounds Market, by Resin Type, 2021-2031 ($Million)
Table 69. Rest of LAMEA Global Molding Compounds Market, by Application, 2021-2031 ($Million)
Table 70. Hexion Inc.: Company Snapshot
Table 71. Hexion Inc.: Operating Segments
Table 72. Hexion Inc.: Product Portfolio
Table 73. Hexion Inc.: Net Sales
Table 74. Hexion Inc.: Key Stratergies
Table 75. Basf Se: Company Snapshot
Table 76. Basf Se: Operating Segments
Table 77. Basf Se: Product Portfolio
Table 78. Basf Se: Net Sales
Table 79. Basf Se: Key Stratergies
Table 80. Hitachi Chemical Co.: Company Snapshot
Table 81. Hitachi Chemical Co.: Operating Segments
Table 82. Hitachi Chemical Co.: Product Portfolio
Table 83. Hitachi Chemical Co.: Net Sales
Table 84. Hitachi Chemical Co.: Key Stratergies
Table 85. Sumitomo Bakelite Co., Ltd.: Company Snapshot
Table 86. Sumitomo Bakelite Co., Ltd.: Operating Segments
Table 87. Sumitomo Bakelite Co., Ltd.: Product Portfolio
Table 88. Sumitomo Bakelite Co., Ltd.: Net Sales
Table 89. Sumitomo Bakelite Co., Ltd.: Key Stratergies
Table 90. Idi Composites International: Company Snapshot
Table 91. Idi Composites International: Operating Segments
Table 92. Idi Composites International: Product Portfolio
Table 93. Idi Composites International: Net Sales
Table 94. Idi Composites International: Key Stratergies
Table 95. Caplinq Corporation: Company Snapshot
Table 96. Caplinq Corporation: Operating Segments
Table 97. Caplinq Corporation: Product Portfolio
Table 98. Caplinq Corporation: Net Sales
Table 99. Caplinq Corporation: Key Stratergies
Table 100. Sbhpp: Company Snapshot
Table 101. Sbhpp: Operating Segments
Table 102. Sbhpp: Product Portfolio
Table 103. Sbhpp: Net Sales
Table 104. Sbhpp: Key Stratergies
Table 105. Mar-Bal: Company Snapshot
Table 106. Mar-Bal: Operating Segments
Table 107. Mar-Bal: Product Portfolio
Table 108. Mar-Bal: Net Sales
Table 109. Mar-Bal: Key Stratergies
Table 110. Starfire Systems: Company Snapshot
Table 111. Starfire Systems: Operating Segments
Table 112. Starfire Systems: Product Portfolio
Table 113. Starfire Systems: Net Sales
Table 114. Starfire Systems: Key Stratergies
Table 115. Henkel Adhesives: Company Snapshot
Table 116. Henkel Adhesives: Operating Segments
Table 117. Henkel Adhesives: Product Portfolio
Table 118. Henkel Adhesives: Net Sales
Table 119. Henkel Adhesives: Key Stratergies
List of Figures
Figure 1. Global Molding Compounds Market Segmentation
Figure 2. Global Molding Compounds Market,2021-2031
Figure 3. Global Molding Compounds Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Global Molding Compounds Market:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Key Regulation Analysis
Figure 14. Global Molding Compounds Market,By Resin Type,2021(%)
Figure 15. Comparative Share Analysis of Polyester Global Molding Compounds Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Phenolic Global Molding Compounds Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Epoxy Global Molding Compounds Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Others Global Molding Compounds Market,2021-2031(%)
Figure 19. Global Molding Compounds Market,By Application,2021(%)
Figure 20. Comparative Share Analysis of Aerospace Global Molding Compounds Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Automotive Global Molding Compounds Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Electrical and Electronics Global Molding Compounds Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Others Global Molding Compounds Market,2021-2031(%)
Figure 24. Global Molding Compounds Market by Region,2021
Figure 25. U.S. Global Molding Compounds Market,2021-2031($Million)
Figure 26. Canada Global Molding Compounds Market,2021-2031($Million)
Figure 27. Mexico Global Molding Compounds Market,2021-2031($Million)
Figure 28. Germany Global Molding Compounds Market,2021-2031($Million)
Figure 29. France Global Molding Compounds Market,2021-2031($Million)
Figure 30. U.K. Global Molding Compounds Market,2021-2031($Million)
Figure 31. Italy Global Molding Compounds Market,2021-2031($Million)
Figure 32. Spain Global Molding Compounds Market,2021-2031($Million)
Figure 33. Rest of Europe Global Molding Compounds Market,2021-2031($Million)
Figure 34. China Global Molding Compounds Market,2021-2031($Million)
Figure 35. Japan Global Molding Compounds Market,2021-2031($Million)
Figure 36. India Global Molding Compounds Market,2021-2031($Million)
Figure 37. South Korea Global Molding Compounds Market,2021-2031($Million)
Figure 38. Australia Global Molding Compounds Market,2021-2031($Million)
Figure 39. Rest of Asia-Pacific Global Molding Compounds Market,2021-2031($Million)
Figure 40. Brazil Global Molding Compounds Market,2021-2031($Million)
Figure 41. Saudi Arabia Global Molding Compounds Market,2021-2031($Million)
Figure 42. South Africa Global Molding Compounds Market,2021-2031($Million)
Figure 43. Rest of LAMEA Global Molding Compounds Market,2021-2031($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Hexion Inc..: Net Sales ,($Million)
Figure 51. BASF SE.: Net Sales ,($Million)
Figure 52. Hitachi Chemical Co..: Net Sales ,($Million)
Figure 53. Sumitomo Bakelite Co. Ltd..: Net Sales ,($Million)
Figure 54. Idi Composites International.: Net Sales ,($Million)
Figure 55. Caplinq Corporation.: Net Sales ,($Million)
Figure 56. Sbhpp.: Net Sales ,($Million)
Figure 57. Mar-Bal.: Net Sales ,($Million)
Figure 58. Starfire Systems.: Net Sales ,($Million)
Figure 59. Henkel Adhesives.: Net Sales ,($Million)

Executive Summary

The global molding compounds market size was valued at $10.10 billion in 2021, and is projected to reach $ 17.02 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

Molding compounds are composite materials that comprise epoxy resins, phenolic, silicas, pigments, polyester, and others. Molding compounds possess various properties such as it has high strength, tenacity, corrosion, heat resistance, and it is dimensionally stable owing to such functionalities it is extensively used in various end use industries such as electrical and electronics, automotive, electronics, industrial, manufacturing, and aerospace.

Increase in awareness regarding hygiene-related activities has led to growth of the packaging sector where molding compound are widely used for manufacturing films & wraps used for packaging a wide range of consumer goods. Moreover, increase in investments in building infrastructure in countries such as the U.S., China, Japan, Mexico, and India have led the building & construction sector to witness a significant growth where resin-based molding compounds such as epoxy, phenolic resins compounds are employed as insulating materials and cladding panels. These factors are predicted to contribute toward the global market growth.

However, production of molding compounds and resins-based molding compounds such as epoxy, phenolic, polyester resins release various toxic chemicals that if exposed beyond concentration limit may cause several health-related issues such as irritation in eye, vision failure, respiratory problems, dizziness, genotoxic, cardiovascular, and gastrointestinal problems. This factor is anticipated to hamper the market growth. Molding compounds are widely used as a substitute over metals in several end-use sectors such as building & construction, and automotive, owing to its resistance to corrosion, lightweight, and better insulation property.

In addition, factors such as growing manufacturing industry, availability of feedstock at reduced prices, and arrival of local players has led manufacturers to offer molding compounds at low prices. This factor is predicted to create remunerative opportunities for expansion of the molding compounds market in the future.

The global molding compounds market is segmented on the basis of resin type, application, and region. By resin type, the market is segregated into phenolic, epoxy, polyester, and others. The phenolic segment dominated the global market, in terms of revenue in 2021. This is attributed to the fact that phenolic based molding compound has a good resistivity to heat and corrosion, owing to such properties it is widely used in the manufacturing plants, automotive, and electrical and electronics components.

By application the market is divided into electrical and electronics, aerospace, automotive, and others. Electrical and electronics segment dominated the global market, in terms of revenue in 2021 with 30% share in the global market. This is attributed to the fact that molding compounds are used in pharmaceuticals, foods & beverages, electrical and electronics, and other end-use sectors. In addition, molding compounds enable production of consistent high-quality and has low cost. This has made consumers become more linear toward using molding compounds for various electrical and electronics sectors applications.

Region wise, the molding compounds market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific molding compounds market size is projected to grow at the highest CAGR during the forecast period, and accounted for a major market share in 2021, owing to rise in automotive sectors that have enhanced demand for molding compounds in the Asia-Pacific. The electric vehicle sector in China is increasing rapidly, which has forced molding compounds manufacturers to produce high-quality molding compounds for use in sealing systems to enhance aerodynamics of vehicles.

Key players operating in the global molding compounds market include BASF SE, CAPLINQ Corporation, Eastman Chemical Company, Evonik Industries AG, Henkel AG & Co. KGAA, Mar-Bal, Inc., Owens Corning., PLEXIGLAS, PPG Industries, Inc., SBHPP, SPF Composites, Starfire Systems Inc., Sumitomo Chemical Co., Ltd., The Lubrizol Corporation, and Toray Industries, Inc.

Key Findings of the Study

  • In terms of resin type, phenolic segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.0% from 2022 to 2031.
  • In terms of application, electrical and electronics segment is anticipated to register the highest CAGR of 6.1% during the forecast period.
  • By region, the Asia-Pacific garnered the highest share of 43% in 2021, in terms of revenue, growing at a CAGR of 5.9%.
  • Impact of Covid-19 on Molding Compound Market
  • Disruption in production units, closure of manufacturing factories, and cutbacks in service sectors lead to disruption in global logistics and supply chain services. In addition, restrictions imposed, owing to the lockdown have declined growth of construction, automotive, and electronics sectors. Moreover, delays in infrastructure investments and complete shutdown of transportation hampered the molding compound market. In addition, as restrictions imposed due to lockdowns are being lifted in the fourth quarter of the pandemic, building & construction, automotive, aerospace, electronics, and manufacturing sectors are expected to recover, owing to the record of production units in both developed and developing economies.

Companies Mentioned

  • Hexion Inc.
  • Basf Se
  • Hitachi Chemical Co.
  • Sumitomo Bakelite Co. Ltd.
  • Idi Composites International
  • Caplinq Corporation
  • Sbhpp
  • Mar-Bal
  • Starfire Systems
  • Henkel Adhesives

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...

Table Information