North America Electrical Bulk Molding Compounds (BMC) Market was valued at USD 0.20 Billion in 2022 and is projected to reach USD 0.30 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
Electrical Bulk Molding Compounds (BMC) have seen significant advancements in North America over recent years, driven by a surge in demand from industries requiring durable, high-performance materials. These compounds, made from a blend of thermosetting resins, glass fibers, and other fillers, offer a unique combination of electrical insulation, mechanical strength, and thermal stability. As a result, BMC is finding applications across various sectors, including automotive, electrical & electronics, and industrial manufacturing.
The electrical & electronics sector is one of the major contributors to the growing demand for BMC. With the increasing need for lightweight, high-strength materials in electrical systems, BMC is being used to create connectors, insulators, switches, and other electrical components. These materials are ideal for applications that require electrical insulation, as well as those that need to withstand high temperatures and harsh conditions, making them highly valued in circuit boards and electrical enclosures.
In the automotive industry, BMC is becoming increasingly important due to its ability to replace traditional metal components in electrical systems and automotive electronics. The automotive sector requires materials that can endure vibrations, heat, and stress, while also being lightweight to improve fuel efficiency. As electric vehicles (EVs) become more prevalent, the demand for BMC in automotive electrical components such as battery housings and control systems continues to grow.
Industrial manufacturing, particularly in the production of electrical equipment and machinery, is another significant market for BMC. The ability of these materials to meet high-performance standards in extreme environments has made them a preferred choice in transformers, motors, and electrical panels. These applications require materials that offer both structural integrity and electrical properties, making BMC the ideal option.
North America’s growing emphasis on innovation and the rise in demand for eco-friendly, high-performance materials further enhances the role of Electrical Bulk Molding Compounds in the region. As industries continue to evolve, BMC materials are expected to remain essential for meeting modern engineering requirements. The North America Electrical Bulk Molding Compounds (BMC) Market is poised for continued growth as a result of these expanding applications.
Get an In-Depth Research Analysis of the North America Electrical Bulk Molding Compounds (BMC) Market Size And Forecast [2025-2032]
IDI
A.Schulman (BMCI)
SDK
Lorenz
Polynt
Tencate
Huayuan Group
Mar-Bal
Yueqing SMC&BMC
Polmix
Changzhou Fonda
Kyocera
Jiangshi Composite
Jinchuangyi Electric
Astar
Changzhou Haoyuan
Cuyahoga Plastics
Plenco
CME
Donghai Composite
Molymer Group
Aomingwei
Shimada
Wah Hong Ind
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Electrical Bulk Molding Compounds (BMC) Market
Electrical Industry
Automotive Industry
Others
Based on Types the Market is categorized into Below types that held the largest Electrical Bulk Molding Compounds (BMC) market share In 2023.
Polyester Base
Vinyl Ester Base
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Electrical Bulk Molding Compounds (BMC) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Electrical Bulk Molding Compounds (BMC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Electrical Bulk Molding Compounds (BMC) Market, By Type
6. North America Electrical Bulk Molding Compounds (BMC) Market, By Application
7. North America Electrical Bulk Molding Compounds (BMC) Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Electrical Bulk Molding Compounds (BMC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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