열경화성 성형 재료 시장 규모, 점유율 및 성장 분석 : 수지 유형별, 형상 유형별, 최종 용도 산업별, 지역별 - 업계 예측(2026-2033년)

Global Thermoset Molding Compound Market size was valued at USD 11.89 Billion in 2024 and is poised to grow from USD 12.63 Billion in 2025 to USD 20.44 Billion by 2033, growing at a CAGR of 6.2% during the forecast period (2026-2033).

The global thermoset molding compound market is experiencing significant growth, driven by robust demand from the automotive, electrical, and aerospace sectors, which favor these materials for their heat resistance, durability, and lightweight properties. Furthermore, the increasing adoption of eco-friendly composites, advancements in material technology, and ongoing infrastructural development in emerging markets are bolstering market expansion. Favorable government regulations promoting energy-efficient materials also contribute positively to market dynamics. Additionally, the transition towards electric vehicles and renewable energy solutions, along with a rising need for energy-efficient materials, is creating abundant opportunities, further propelling the momentum of growth within the thermoset molding compound market, making it a pivotal segment for future innovation and investment.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Thermoset Molding Compound market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Thermoset Molding Compound Market Segments Analysis

Global Thermoset Molding Compound Market is segmented by Resin Type, Form Type, End-Use Industry and region. Based on Resin Type, the market is segmented into Phenolic Resin, Epoxy Resin, Polyester Resin, Urea Formaldehyde Resin, Melamine Formaldehyde Resin and Others. Based on Form Type, the market is segmented into Bulk Molding Compound (BMC), Sheet Molding Compound (SMC), Spray-Up / Hand Lay-Up, Compression Molding and Transfer / Injection Molding. Based on End-Use Industry, the market is segmented into Electrical & Electronics, Automotive & Transportation, Aerospace & Defence, Construction & Infrastructure and Consumer Goods & Appliances. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Thermoset Molding Compound Market

The Global Thermoset Molding Compound market is propelled by various initiatives aimed at enhancing research and development in high-performance materials, such as lightweight and flame-retardant composites. The introduction of bio-based resins and recyclable formulations aligns with the growing emphasis on sustainability. Moreover, advancements in production efficiencies are being achieved through the integration of artificial intelligence into manufacturing processes. These innovations are primarily driven by the evolving requirements of key sectors, including automotive, aerospace, and electronics, which continue to stimulate market growth and create new opportunities for development within the thermoset molding compound industry.

Restraints in the Global Thermoset Molding Compound Market

The global thermoset molding compound market faces significant challenges stemming from elevated raw material and manufacturing expenses, especially for premium grades like epoxy and phenolic resins. Complex curing procedures, alongside energy-intensive production methods, further exacerbate these costs. As a result, thermoset compounds become less appealing in comparison to more affordable thermoplastics, particularly in price-sensitive sectors. This price competitiveness issue hinders the broader adoption and utilization of thermoset materials in various applications, thus restraining the overall growth potential of the market. The interplay of these factors creates a substantial barrier for companies looking to expand their footprint in this domain.

Market Trends of the Global Thermoset Molding Compound Market

The Global Thermoset Molding Compound market is witnessing a significant shift towards sustainability and eco-friendliness as manufacturers increasingly focus on developing recyclable and bio-based thermoset materials. This trend is driven by rising consumer demand for greener formulations and stricter environmental regulations in various regions, particularly in Europe and North America. Companies are making substantial investments in innovative bio-epoxy systems designed to minimize lifecycle emissions, reflecting a commitment to reducing the environmental impact of their products. As this market continues to evolve, the emphasis on sustainable practices will likely reshape manufacturing processes and enhance the competitiveness of eco-friendly thermoset solutions.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Assessment
• Regulatory Landscape

Global Thermoset Molding Compound Market Size by Resin Type & CAGR (2026-2033)

• Market Overview
• Phenolic Resin
• Epoxy Resin
• Polyester Resin
• Urea Formaldehyde Resin
• Melamine Formaldehyde Resin
• Others

Global Thermoset Molding Compound Market Size by Form Type & CAGR (2026-2033)

• Market Overview
• Bulk Molding Compound (BMC)
• Sheet Molding Compound (SMC)
• Spray-Up / Hand Lay-Up
• Compression Molding
• Transfer / Injection Molding

Global Thermoset Molding Compound Market Size by End-Use Industry & CAGR (2026-2033)

• Market Overview
• Electrical & Electronics
• Automotive & Transportation
• Aerospace & Defence
• Construction & Infrastructure
• Consumer Goods & Appliances

Global Thermoset Molding Compound Market Size & CAGR (2026-2033)

• North America (Resin Type, Form Type, End-Use Industry)
  • US
  • Canada
• Europe (Resin Type, Form Type, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Resin Type, Form Type, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Resin Type, Form Type, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Resin Type, Form Type, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huntsman Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hexion Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eastman Chemical Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kolon Industries Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Bakelite Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ashland Global Holdings Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Plastics Engineering Company (PLENCO)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chang Chun Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Chemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rogers Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NGK Insulators, Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kyocera Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AOC, LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nan Ya Plastics Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Henkel AG & Co. KGaA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CoorsTek Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Morgan Advanced Materials plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations