PUBLISHER: Allied Market Research | PRODUCT CODE: 1139922
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139922
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
Key Market Segments
By Resin Type
By Application
By Region