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  Global Sheet Molding Compound and Bulk Molding Compound Market – Overview The demand for sheet molding compounds has been on the rise recently due to the growing need for higher mechanical strength applications. Market reports associated with the chemicals and materials sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is likely to achieve revenues worth USD 3,531.1 Million while growing at a CAGR of 6.5% approximately in the forecast period. The application of the sheet molding compound for compression or injection molding has seen significant improvement which is contributing to the overall development of the market. Its application in transportation, electrical, construction sectors is anticipated to provide an additional boost to the expansion of the market. The versatility of the sheet molding compound is likely to contribute to its overall growth ov...