"According to a new country report published by Lucintel, the future of the low density SMC (Sheet Molded Compound) market in the United States looks promising with opportunities in various automotive applications, such as hoods, deck lids, fenders, bumpers, and body panel. The low density SMC market in the United States is primarily driven by growth in automotive production and increasing use of lightweight materials in different automotive applications.

This report studies factors affecting the low density SMC market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that hood will remain the largest application by value and volume and it is also expected to witness the highest growth over the forecast period due to increasing demand for lightweight and non-corrosive materials. Within the low density SMC market in the United States, glass and carbon fiber are the major reinforcement materials. Glass fiber based low density SMC will remain the largest segment by value and volume. Carbon fiber based low density SMC is expected to witness the highest growth over the forecast period supported by its higher mechanical performance.

Emerging trend, which has a direct impact on the dynamics of the low density SMC industry, includes the development of ultra low density SMC.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the low density SMC market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Low Density SMC Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the low density SMC market in the United States by automotive application, fiber type, and resin type as follows:

Low Density SMC Market by Automotive Application [Volume (kt) and Value ($ Million) from 2014 to 2025]:
• Hoods
• Deck lids
• Fenders
• Bumpers
• Body panels & Others

Low Density SMC Market by resin type [Volume (kt) and Value ($ Million) from 2014 to 2025]:
• Polyester
• Epoxy
• Vinyl Ester

Low Density SMC Market by fiber type [Volume (kt) and Value ($ Million) from 2014 to 2025]:
• Glass Fiber
• Carbon Fiber

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/low-density-smc.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "