Bulk Molding Compound Market is Forecasted to Reach USD 1,079 million by 2030, Says Stratview Research

The global bulk molding compound market size was valued at USD 897 million in 2024, and is projected to reach USD 1,079 million by 2030, witnessing a market growth CAGR of 3.2 % from 2025 to 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global bulk molding compound market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: USD 897 million

Market Size in 2030:  USD 1,079 million

Growth (CAGR): 3.2% during 2025-2030

Leading Industry Type: The transportation

Leading Fiber Type: Glass fiber

Leading Resin Type: Polyester

Leading Region: Asia-Pacific

Forecast Period: 2025-2030

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Bulk Molding Compound Market:

The global bulk molding compound market is segmented based on industry type, fiber type, resin type and region.

Based on Industry type –

• The market is segmented into aerospace & defense, marine, transportation, construction, consumer goods, electrical & electronics, pipe & tanks, and other industries. Bulk molding compound is used extensively in the transportation industry, especially in automotive applications in components like headlamp reflectors, front bumper grill openings, interior trim brackets, fins, radiator support frames, valance panels, wheel arch liners, and fuel covers. 
• BMC is best suited to produce high-precision, small to medium-sized parts with complex geometries and smooth surface finishes. It is also critical for under-hood items such as throttle bodies and ignition systems. As the onrush towards electric vehicles continues, demand for thermoset compounds increases, and BMC finds its use more in battery trays and enclosures due to its remarkable dielectric property, providing insulation and safety. 
• Outside of the transportation industry, significant consumers include the electrical & electronics and construction industries, with aerospace & defense being the most rapidly expanding market, fueled by industry rebound and growing adoption of composite materials in secondary structural and interior usage.

Based on the Fiber type -

• The bulk molding compound market is categorized into glass fiber and carbon fiber. Glass fiber possesses the largest market share of the BMC market and is highly preferred by automotive OEMs due to cost savings, moldability, and high-volume application performance. 
• Conversely, carbon fiber is growing more rapidly, based on increasing demand for lightweight, high-strength material requirements in emerging applications within the electrical & electronics and aerospace & defense sectors, where mechanical performance and weight savings are paramount.

Based on the Resin type –

• Based on resin type, the market is categorized into polyester, epoxy, and other resins. Polyester is projected to remain the choice of materials in the BMC market in the foreseeable future. Polyester offers good performance at the lowest cost, allowing BMC and tier players to compete with other materials, such as plastics and metals. 
• In BMC, polyester is the most dominant material across the end-use industries. Epoxy, currently securing a diminutive share, is likely to grow at a healthy pace in the years to come. Driven by a greater acceptance of BMCs in high-temperature electrical applications.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

“The Asia-Pacific region is expected to remain the biggest market for bulk molding compound, while North America is likely to hold the position of the second largest throughout the forecast period.”

• The Asia-Pacific market has the highest value share of the bulk molding compound market due to increasing automotive production and good demand from the electrical & electronics industry. Key countries such as China, India, Japan, and South Korea, where automotive OEMs are increasingly turning to BMC for lightweight, high-precision parts such as brackets, enclosures, and reflectors. 
•  At the same time, local electrical & electronics producers spearhead BMC adoption for switchgear, circuit breakers, and sensor housing. North America and Europe also offer healthy growth opportunities in the short run, mainly governed by the expected recovery in the demand for composite materials across markets.

Bulk Molding Compound Market

Introduction

Bulk molding compound (BMC) is a thermoset compound composed of short carbon or glass fibers, usually less than an inch long, combined with fillers, additives, and unsaturated polyester or vinyl-ester resins. Widely utilized in the automotive, construction, and electrical and electronics industries, BMC is valued for its remarkable accuracy and suitability for molding small-to-medium parts with intricate geometries and smooth surface finishes. BMC usage includes headlamp reflectors, sensor covers, and automotive under-hood components like ignition systems and throttle bodies, among others.

Competitive Landscape: Top Companies in the Bulk Molding Compound Market:

The market is highly fragmented, with more than 50 players across the region. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the bulk molding compound market. Some of the major players provide a complete range of services.

Here is the list of the Top Players (Based on Dominance)

• LyondellBasell
• Polynt Group
• IDI Composites International
• Menzolit
• Polytec Group
• Huayuan Advanced Materials (Hamlite)
• Changzhou Jiang's Compound Materials Technology Co., Ltd.
• Lorenz Kunststofftechnik GmbH
• Tianma Group
• Paya Plast Iranian

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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