India SMC and DMC Moulding Compounds Market Research Report by Type [Sheet Moulding Compound (SMC), Dough Moulding Compound (DMC)], by Resin Type (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, Phenolic Resin, Others), by End-Use (Glass Fiber, Carbon Fi
Description
The India SMC and DMC moulding compounds market reached USD 114.99 million in 2024 and is forecast to register a CAGR of 7.29% over 2025–2035. The India SMC and DMC moulding compounds market is coming into focus with steadily growing demand from automotive, electrical, construction, and renewable energy sectors.
Growth Of EVs and Vehicle Electronics
The ever-increasing usage of EVs along with highly advanced automobile electronics is leading to a growing demand for flame-retardant, electrically insulating SMC and DMC parts/components.
Market Segmentations Breakdown
By Type
• SMC: High-strength panels with design flexibility
• DMC: Dense mouldings for electrical performance
By Resin Type
• Polyester Resin: Standard resin for volume production
• Vinyl Ester Resin: Improved durability and chemical resistance
• Epoxy Resin: Superior mechanical and thermal properties
• Phenolic Resin: Flame-retardant and heat-resistant applications
• Others: Specialty resins for performance enhancement
By End-Use (Fiber Type)
• Glass Fiber: Cost-efficient structural reinforcement material
• Carbon Fiber: Lightweight strength for advanced applications
• Others Grade: Customized reinforcement material grades
By Manufacturing Process
• Compression Moulding: Efficient process for complex parts
• Injection Moulding: Precision moulding for detailed components
• Transfer Moulding: Consistent quality with reduced defects
• Others: Alternative or hybrid moulding processes
By Application
• Flame Resistance: Safety-driven material performance demand
• Electronic Insulators: Reliable electrical insulation solutions
• Corrosion Resistance: Protection in aggressive environments
• General Purpose: Multi-industry functional applications
• Others: Specialized technical performance requirements
By End-Use Industry
• Automotive: Lightweight composites for mobility solutions
• Electrical & Electronics: Insulating and protective components
• Building & Construction: Durable and low-maintenance materials
• Aerospace: High-performance lightweight structures
• Others: Diverse industrial application sectors
Material Performance
High strength, corrosion resistance, and design flexibility are the reasons why SMC/DMC has become the go-to method for metal substitution.
Key Report Attributes
• Market Size 2024: USD 114.99 Million
• CAGR (2025-2035): 7.29%
• Base Year: 2024
• Market Forecast Period: 2025-2035
Industry Segmentations Growth
• By Type: Sheet Moulding Compound (SMC) - 7.39%, Dough Moulding Compound (DMC) - 7.09%.
• By Resin Type: Polyester Resin - 7.74%, Vinyl Ester Resin - 6.95%.
• By End-Use: Glass Fiber - 7.99%, Carbon Fiber - 6.01%.
• By Manufacturing Process: Compression Moulding - 8.06%, Injection Moulding - 7.21%.
• By Application: Flame Resistance - 6.53%, Electronic Insulators - 8.46%.
• By End-Use Industry: Automotive - 8.33%, Electrical & Electronics - 7.94%.
Growth Of EVs and Vehicle Electronics
The ever-increasing usage of EVs along with highly advanced automobile electronics is leading to a growing demand for flame-retardant, electrically insulating SMC and DMC parts/components.
Market Segmentations Breakdown
By Type
• SMC: High-strength panels with design flexibility
• DMC: Dense mouldings for electrical performance
By Resin Type
• Polyester Resin: Standard resin for volume production
• Vinyl Ester Resin: Improved durability and chemical resistance
• Epoxy Resin: Superior mechanical and thermal properties
• Phenolic Resin: Flame-retardant and heat-resistant applications
• Others: Specialty resins for performance enhancement
By End-Use (Fiber Type)
• Glass Fiber: Cost-efficient structural reinforcement material
• Carbon Fiber: Lightweight strength for advanced applications
• Others Grade: Customized reinforcement material grades
By Manufacturing Process
• Compression Moulding: Efficient process for complex parts
• Injection Moulding: Precision moulding for detailed components
• Transfer Moulding: Consistent quality with reduced defects
• Others: Alternative or hybrid moulding processes
By Application
• Flame Resistance: Safety-driven material performance demand
• Electronic Insulators: Reliable electrical insulation solutions
• Corrosion Resistance: Protection in aggressive environments
• General Purpose: Multi-industry functional applications
• Others: Specialized technical performance requirements
By End-Use Industry
• Automotive: Lightweight composites for mobility solutions
• Electrical & Electronics: Insulating and protective components
• Building & Construction: Durable and low-maintenance materials
• Aerospace: High-performance lightweight structures
• Others: Diverse industrial application sectors
Material Performance
High strength, corrosion resistance, and design flexibility are the reasons why SMC/DMC has become the go-to method for metal substitution.
Key Report Attributes
• Market Size 2024: USD 114.99 Million
• CAGR (2025-2035): 7.29%
• Base Year: 2024
• Market Forecast Period: 2025-2035
Industry Segmentations Growth
• By Type: Sheet Moulding Compound (SMC) - 7.39%, Dough Moulding Compound (DMC) - 7.09%.
• By Resin Type: Polyester Resin - 7.74%, Vinyl Ester Resin - 6.95%.
• By End-Use: Glass Fiber - 7.99%, Carbon Fiber - 6.01%.
• By Manufacturing Process: Compression Moulding - 8.06%, Injection Moulding - 7.21%.
• By Application: Flame Resistance - 6.53%, Electronic Insulators - 8.46%.
• By End-Use Industry: Automotive - 8.33%, Electrical & Electronics - 7.94%.
Table of Contents
148 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Market Growth Factor Analysis
- 4.3 Drivers
- 4.3.1 Increasing Applications In Automotive Industry
- 4.3.2 Growth In Renewable Energy Sector
- 4.3.3 Technological Advancements In Moulding Techniques
- 4.4 Restraints
- 4.4.1 High Cost Of Raw Materials
- 4.4.2 Stringent Regulatory Compliance
- 4.5 Opportunity
- 4.5.1 Expansion Of Electrical And Electronics Sector
- 4.5.2 Increasing Demand For High-performance Composites
- 4.5.3 Investment In Smart City Infrastructure
- 4.5.4 Growing Trend Of Lightweight Construction In Building And Construction
- 4.6 Russia-ukraine War Impact Analysis
- 4.7 Impact Analysis Of Trade War On Market
- 4.8 Impact Of Trump 2.0
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Participants
- 5.1.1.1 Raw Material Analysis
- 5.1.1.1.1 Raw Material Selection & Procurement
- 5.1.1.1.2 Quality And Purity Standards
- 5.1.1.1.3 List Of Raw Material Suppliers (Company Name, Headquarters, Contact Details, Material Type)
- 5.1.1.2 Manufacturers/ Processing
- 5.1.1.2.1 Production Process
- 5.1.1.2.1.1 Smc Production Process
- 5.1.1.2.1.1.1 Raw Material Preparation
- 5.1.1.2.1.1.2 Sheet Formation
- 5.1.1.2.1.1.3 Compaction And Maturation
- 5.1.1.2.1.1.4 Moulding / Forming
- 5.1.1.2.1.2 Dmc Production Process
- 5.1.1.2.1.2.1 Resin Mix Preparation
- 5.1.1.2.1.2.2 Fiber Incorporation
- 5.1.1.2.1.2.3 Thickening / Maturation
- 5.1.1.2.1.2.5 Moulding Operation
- 5.1.1.2.2 Quality Control And Testing
- 5.1.1.2.3 Key Equipment Involved
- 5.1.1.2.4 List Of Oems That Supply Smc/Dmc Lines In India (Company Name, Headquarters, Contact, Type(S) Of Machinery)
- 5.1.1.2.4.1 List Of Oems That Supply Smc/Dmc Lines In India (Company Name,
- Headquarters, Contact, Type(S) Of Machinery)
- 5.1.2 Distributors
- 5.1.2.1 Logistics
- 5.1.2.2 Sales And Marketing Strategies
- 5.1.2.2.1 List Of Distributors (Company Name, Headquarters, Contact Details)
- 5.1.3 End-users
- 5.1.3.1 Customer Needs, Preferences, Pain Points & End-use Industries
- 5.1.3.1.1 List Of Potential Customers (Company Name, Headquarters, Contact Details)
- 5.1.4 Value Percolation Across The Chain
- 5.1.5 Integration Levels
- 5.1.6 Key Issues Addressed
- 5.2 Porter’s Five Forces Model
- 5.2.1 Bargaining Power Of Suppliers (Very High)
- 5.2.2 Bargaining Power Of Buyers (Moderate To Low)
- 5.2.3 Threat Of New Entrants (Moderate)
- 5.2.4 Threat Of Substitutes (Low To Moderate)
- 5.2.5 Intensity Of Rivalry (Moderate)
- 5.3 India Smc And Dmc Moulding Compounds Pricing Analysis, By Type 2019-2035 (Usd/Ton)
- 5.3.1 Factors Affecting Prices
- 5.4 India Smc / Dmc Raw Material Price Trends And Forecast (2019–2035, Usd/Ton)
- 5.5 India Smc And Dmc Moulding Compounds Market Supply-demand Analysis Tons (2019-2035)
- 5.5.1 Supply Analysis
- 5.5.2 Demand Analysis
- 5.6 Trade Analysis 2019-2024, Tons (Hs Code: 390730)
- 5.6.1 Key Import Countries
- 5.6.2 Key Export Countries
- 5.7 Performance Characteristics Analysis
- 5.7.1 Mechanical Properties
- 5.7.2 Thermal Properties
- 5.7.3 Electrical Properties
- 5.7.4 Chemical And Environmental Resistance
- 5.7.5 Processing & Dimensional Performance
- 5.7.6 Key Performance Drivers In India
- 5.8 Regulatory Framework
- 5.8.1 National Standards And Certifications
- 5.8.1.1 Bureau Of Indian Standards (Bis)
- 5.8.1.2 Central Pollution Control Board (Cpcb)
- 5.8.1.3 Ministry Of Environment, Forest And Climate Change (Moefcc)
- 5.8.2 Environmental, Health & Safety (Ehs) Regulations
- 5.8.2.1 Environmental, Health & Safety (Ehs) Regulations – Air Emission Standards
- 5.8.2.2 Waste Management
- 5.8.2.3 Occupational Safety
- 5.8.2.4 Fire Safety
- 5.8.3 Quality And Product Compliance
- 5.8.3.1 Iso 9001:2015
- 5.8.3.2 Iso 14001:2015
- 5.8.3.3 Iso 45001:2018
- 5.8.4 Incentives And Policy Support
- 5.8.5 Future Regulatory Trends
- 5.9 Technological Advancements And Innovations
- 5.9.1 Advancements In Raw Material Chemistry
- 5.9.1.1 Low-styrene And Styrene-free Resins
- 5.9.1.2 High-performance Unsaturated Polyester (Upr) And Vinyl Ester Resins
- 5.9.1.3 Nano- And Micro-fillers
- 5.9.2 Innovations In Manufacturing And Processing Technology
- 5.9.2.1 Automated Smc Production Lines
- 5.9.2.2 Improved Compression Moulding Systems
- 5.9.2.3 Closed Moulding And Low-emission Processes
- 5.9.2.4 In-mould Coating (Imc) & Surface Film Technologies
- 5.9.3 Material Performance Enhancements
- 5.9.3.1 High-flow Smc Formulations
- 5.9.3.2 Low-density Smc (Ld-smc)
- 5.9.3.3 Conductive And Shielding Smc/Dmc
- 5.10 R&D Update
- 5.10.1 Current Scenario
- 5.10.2 Future Roadmap
- 5.10.3 Challenges
- 5.10.4 Novel Application
- 5.10.5 Key Developments
- 5.11 Pestel Analysis
- 6 India Smc And Dmc Moulding Compounds Market, By Type
- 6.1 Overview
- 6.2 Sheet Moulding Compound (Smc)
- 6.3 Dough Moulding Compound (Dmc)
- 7 India Smc And Dmc Moulding Compounds Market, By Resin Type
- 7.1 Overview
- 7.2 Glass Fiber
- 7.3 Carbon Fiber
- 7.4 Others
- 8 India Smc And Dmc Moulding Compounds Market, By Resin Type
- 8.1 Overview
- 8.2 Polyester Resin
- 8.3 Vinyl Ester Resin
- 8.4 Epoxy Resin
- 8.5 Phenolic Resin
- 8.6 Others
- 9 India Smc And Dmc Moulding Compounds Market, By Manufacturing Process
- 9.1 Overview
- 9.2 Compression Moulding
- 9.3 Injection Moulding
- 9.4 Transfer Moulding
- 9.5 Others
- 10 India Smc And Dmc Moulding Compounds Market, By Application
- 10.1 Overview
- 10.2 Flame Resistance
- 10.3 Electronic Insulators
- 10.4 Corrosion Resistance
- 10.5 General Purpose
- 10.6 Others
- 11 India Smc And Dmc Moulding Compounds Market, By End-use Industry
- 11.1 Overview
- 12 Competitive Landscape
- 12.1 Introduction
- 12.2 Market Share Analysis, 2024
- 12.3 Competitive Benchmarking
- 12.4 Key Developments & Growth Strategies
- 12.4.1 Partnerships, Innovation, Engagement And Sustainability
- 13 Company Profiles
- 13.1 Cie Composites
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategy
- 13.2 Permali Wallace Pvt Ltd
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategy
- 13.3 Shubhada Polymers Products Pvt Ltd
- 13.3.1 Company Overview
- 13.3.2 Financial Overview
- 13.3.3 Products Offered
- 13.3.4 Key Developments
- 13.3.5 Swot Analysis
- 13.3.6 Key Strategy
- 13.4 Devi Polymers Pvt Ltd
- 13.4.1 Company Overview
- 13.4.2 Financial Overview
- 13.4.3 Products Offered
- 13.4.4 Key Developments
- 13.4.5 Swot Analysis
- 13.4.6 Key Strategy
- 13.5 Tata Autocomp Systems Ltd
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategy
- 13.6 Weldotech Industries
- 13.6.1 Company Overview
- 13.6.2 Financial Overview
- 13.6.3 Products Offered
- 13.6.4 Key Developments
- 13.6.5 Swot Analysis
- 13.6.6 Key Strategy
- 13.7 Indo Smc Pvt.Ltd
- 13.7.1 Company Overview
- 13.7.2 Financial Overview
- 13.7.3 Products Offered
- 13.7.4 Key Developments
- 13.7.5 Swot Analysis
- 13.7.6 Key Strategy
- 13.8 Sumip Composites Pvt. Ltd.
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategy
- 13.9 Duro Thermoplast & Moulding Products
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategy
- 13.10 Shiva Tech Engineering
- 13.10.1 Company Overview
- 13.10.2 Financial Overview
- 13.10.3 Products Offered
- 13.10.4 Key Developments
- 13.10.5 Swot Analysis
- 13.10.6 Key Strategy
- 13.11 Amalgamated Industrial Composites Pvt Ltd
- 13.11.1 Company Overview
- 13.11.2 Financial Overview
- 13.11.3 Products Offered
- 13.11.4 Key Developments
- 13.11.5 Swot Analysis
- 13.11.6 Key Strategy
- 13.12 Reshma Mould Work
- 13.12.1 Company Overview
- 13.12.2 Financial Overview
- 13.12.3 Products Offered
- 13.12.4 Key Developments
- 13.12.5 Swot Analysis
- 13.12.6 Key Strategy
- 13.13 Prazastinav Compositech Private Limited
- 13.13.1 Company Overview
- 13.13.2 Financial Overview
- 13.13.3 Products Offered
- 13.13.4 Key Developments
- 13.13.5 Swot Analysis
- 13.13.6 Key Strategy
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 List Of Raw Material Suppliers (Company Name, Headquarters, Contact Details, Material Type)
- Table 3 List Of Oems That Supply Smc/Dmc Lines In India (Company Name, Headquarters, Contact, Type(S) Of Machinery)
- Table 4 List Of Raw Material Manufacturers (Company Name, Headquarters, Contact Details)
- Table 5 List Of Raw Material Distributors (Company Name, Headquarters, Contact Details)
- Table 6 List Of Potential Customers (Company Name, Headquarters, Contact Details)
- Table 1 India Smc And Dmc Moulding Compounds Market, By Type, 2019-2035 (Usd Million)
- Table 2 India Smc And Dmc Moulding Compounds Market, By Type, 2019-2035 (Kilotons)
- Table 3 India Smc And Dmc Moulding Compounds Market, By Reinforcement Type, 2019-2035 (Usd Million)
- Table 4 India Smc And Dmc Moulding Compounds Market, By Reinforcement Type, 2019-2035 (Kilotons)
- Table 5 India Smc And Dmc Moulding Compounds Market, By Resin Type, 2019-2035 (Usd Million)
- Table 6 India Smc And Dmc Moulding Compounds Market, By Resin Type, 2019-2035 (Kilotons)
- Table 7 India Smc And Dmc Moulding Compounds Market, By Manufacturing Process, 2019-2035 (Usd Million)
- Table 8 India Smc And Dmc Moulding Compounds Market, By Manufacturing Process, 2019-2035 (Kilotons)
- Table 9 India Smc And Dmc Moulding Compounds Market, By Application, 2019-2035 (Usd Million)
- Table 10 India Smc And Dmc Moulding Compounds Market, By Application, 2019-2035 (Kilotons)
- Table 11 India Smc And Dmc Moulding Compounds Market, By End-use Industry, 2019-2035 (Usd Million)
- Table 12 India Smc And Dmc Moulding Compounds Market, By End-use Industry, 2019-2035 (Kilotons)
- Table 13 Comparative Analysis: Key Players Financial
- Table 14 Partnerships, Innovation, Engagement & Sustainability
- Table 15 Cie Composites: Products Offered
- Table 16 Permali Wallace Pvt Ltd: Products Offered
- Table 17 Shubhada Polymers Products Pvt Ltd.: Products Offered
- Table 18 Shubhada Polymers Products Pvt Ltd: Key Developments
- Table 19 Devi Polymers Pvt Ltd Company: Products Offered
- Table 20 Tata Autocomp Systems Ltd.: Products Offered
- Table 21 Tata Autocomp Systems Ltd.: Key Developments
- Table 22 Weldotech Industries: Products Offered
- Table 23 Indo Smc Pvt.Ltd Company: Products Offered
- Table 24 Indo Smc Pvt.Ltd.: Key Developments
- Table 25 Sumip Composites Pvt. Ltd. Company: Products Offered
- Table 26 Sumip Composites Pvt. Ltd. Company: Key Developments
- Table 27 Duro Thermoplast & Moulding Products. Company: Products Offered
- Table 28 Shiva Tech Engineering: Products Offered
- Table 29 Amalgamated Industrial Composites Pvt Ltd.: Products Offered
- Table 30 Reshma Mould Work.: Products Offered
- Table 31 Prazastinav Compositech Private Limited.: Products Offered
- List Of Figures
- Figure 1 India Smc And Dmc Moulding Compounds Market Snapshot, 2024
- Figure 2 India Smc And Dmc Moulding Compounds Market: Market Structure
- Figure 3 India Smc And Dmc Moulding Compounds Market: Growth Factor Analysis (2019-2035)
- Figure 4 Supply Chain Analysis: India Smc And Dmc Moulding Compounds Market
- Figure 5 Porter’s Five Forces Model: India Smc And Dmc Moulding Compounds Market
- Figure 6 India Sheet Moulding Compound (Smc) And Dough Moulding Compound (Dmc) Market Major Players Market Share Analysis, 2024 (%)
- Figure 7 Competitive Benchmarking: India Sheet Moulding Compound (Smc) And Dough Moulding Compound (Dmc) Market Major
- Figure 8 Cie Composites: Financial Overview Snapshot
- Figure 9 Evonik: Swot Analysis
- Figure 10 Permali Wallace Pvt Ltd: Swot Analysis
- Figure 11 Shubhada Polymers Products Pvt Ltd: Swot Analysis
- Figure 12 Devi Polymers Pvt Ltd: Swot Analysis
- Figure 13 Tata Autocomp Systems Ltd.: Financial Overview Snapshot
- Figure 14 Tata Autocomp Systems Ltd.: Swot Analysis
- Figure 15 Weldotech Industries: Swot Analysis
- Figure 16 Indo Smc Pvt.Ltd: Financial Overview Snapshot
- Figure 17 Indo Smc Pvt.Ltd Company: Swot Analysis
- Figure 18 Sumip Composites Pvt. Ltd. Company: Swot Analysis
- Figure 19 Duro Thermoplast & Moulding Products Company: Swot Analysis
- Figure 20 Shiva Tech Engineering: Financial Overview Snapshot
- Figure 21 Shiva Tech Engineering: Swot Analysis
- Figure 22 Amalgamated Industrial Composites Pvt Ltd.: Financial Overview Snapshot
- Figure 23 Amalgamated Industrial Composites Pvt Ltd.: Swot Analysis
- Figure 24 Reshma Mould Work.: Financial Overview Snapshot
- Figure 25 Reshma Mould Work.: Swot Analysis
- Figure 26 Prazastinav Compositech Private Limited.: Swot Analysis
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