The Molding Compounds market is expected to grow from USD 10.96 billion in 2022 to USD 20.98 billion by 2032, at a CAGR of 6.71% during the forecast period 2023-2032.
Molding compounds refer to materials used in manufacturing processes, particularly in plastics and composites. These compounds are formulated to exhibit properties suitable for shaping and forming into various products through molding techniques. Molding compounds typically consist of a polymer matrix, which provides the bulk of the material's structure, and various additives that enhance its performance. The polymer matrix can be thermosetting or thermoplastic, depending on the desired properties of the final product. Thermosetting compounds undergo a chemical reaction during molding, irreversibly setting the material into a rigid form. On the other hand, thermoplastic compounds can be melted and reformed multiple times without undergoing chemical changes.
The rising demand for electrical and electronic components and the growing automotive and aerospace industry are driving the growth of the molding compounds market. Additionally, the rapid industrialization and infrastructure development in emerging markets are anticipated to create new opportunities during the forecast period. Countries in Asia Pacific, Latin America, and the Middle East offer potential growth markets due to increasing consumer spending and manufacturing activities. However, fluctuations in the prices of raw materials used in molding compounds, such as resins, fillers, and additives, can hamper the market's growth.
This study comprehensively analyses the resin type, application, and region. The resin type segment includes epoxy, phenolic, polyester and others. The phenolic segment held the highest market share in 2022. Phenolic molding compounds possess excellent heat resistance properties, allowing them to withstand high temperatures without significant degradation or loss of mechanical properties. This factor makes phenolic molding compounds highly suitable compared to others for applications where thermal stability is crucial, such as automotive under-the-hood components and electrical insulation. The application segment is divided into aerospace, automotive, electrical and electronics, and others. The electrical and electronics segment registered the largest market share in 2022. Surfactants, including Molding Compounds, have diverse applications across numerous industries. They are essential components in various consumer and industrial products, including detergents, personal care products, agrochemicals, paints and coatings, and pharmaceuticals.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region held the highest market revenue in 2022. The rapid growth of the electrical and electronics industry has led to a surge in demand for molding compounds. These compounds are widely used in various electrical and electronic components production, including connectors, circuit boards, switches, insulators, and housings.
Some of the notable players in the market are Hexion Inc., BASF SE, Hitachi Chemical Co., Sumitomo Bakelite Co. Ltd., IDI Composites International, CAPLINQ Corporation, SBHPP, Mar-Bal, Starfire Systems, Henkel Adhesives Industry Co. Ltd., SPF Composites., Lubrizol, PLEXIGLAS, and Evonik Industries AG among others.
Global Molding Compounds Market Analysis and Forecast, Resin Type
Global Molding Compounds Market Analysis and Forecast, Application
Global Molding Compounds Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Resin Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing demand in automotive and aerospace industries
5.3. Restraints
5.3.1. Advancements in material science
5.4. Opportunities
5.4.1. Research and development
5.5. Challenges
5.5.1. Quality control and consistency
6. Global Molding Compounds Market Analysis and Forecast, By Resin Type
6.1. Segment Overview
6.2. Epoxy
6.3. Phenolic
6.4. Polyester
6.5. Others
7. Global Molding Compounds Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Aerospace
7.3. Automotive
7.4. Electrical and Electronics
7.5. Others
8. Global Molding Compounds Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Molding Compounds Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Molding Compounds Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Hexion Inc.
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. BASF SE
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Hitachi Chemical Co.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Sumitomo Bakelite Co., Ltd.
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. IDI Composites International
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. CAPLINQ Corporation
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. SBHPP
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Mar-Bal, Starfire Systems
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Henkel Adhesives Industry Co., Ltd.
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. SPF Composites.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Lubrizol
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. PLEXIGLAS
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Evonik Industries AG
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
List of Table
1. Global Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
2. Global Epoxy, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
3. Global Phenolic, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
4. Global Polyester, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
5. Global Others, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
6. Global Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
7. Global Aerospace, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
8. Global Automotive, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
9. Global Electrical and Electronics, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
10. Global Others, Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
11. Global Molding Compounds Market, By Region, 2019-2032 (USD Billion) (Tons)
12. North America Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
13. North America Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
14. U.S. Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
15. U.S. Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
16. Canada Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
17. Canada Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
18. Mexico Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
19. Mexico Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
20. Europe Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
21. Europe Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
22. Germany Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
23. Germany Molding Compounds Market, By Application, 2019-2032 (USD Billion) (Tons)
24. France Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
25. France Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
26. U.K. Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
27. U.K. Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
28. Italy Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
29. Italy Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
30. Spain Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
31. Spain Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
32. Asia Pacific Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
33. Asia Pacific Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
34. Japan Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
35. Japan Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
36. China Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
37. China Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
38. India Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
39. India Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
40. South America Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
41. South America Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
42. Brazil Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
43. Brazil Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
44. Middle East and Africa Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
45. Middle East and Africa Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
46. UAE Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
47. UAE Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
48. South Africa Molding Compounds Market, By Resin Type, 2019-2032 (USD Billion) (Tons)
49. South Africa Molding Compounds Market, By Application 2019-2032 (USD Billion) (Tons)
List of Figures
1. Global Molding Compounds Market Segmentation
2. Global Molding Compounds Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Molding Compounds Market Attractiveness Analysis By Resin Type
9. Global Molding Compounds Market Attractiveness Analysis By Application
10. Global Molding Compounds Market Attractiveness Analysis By Region
11. Global Molding Compounds Market: Dynamics
12. Global Molding Compounds Market Share By Resin Type (2023 & 2032)
13. Global Molding Compounds Market Share By Application (2023 & 2032)
14. Global Molding Compounds Market Share By Regions (2023 & 2032)
15. Global Molding Compounds Market Share By Company (2022)
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