The growth trend of global SMC from 2015 to 2020

From 2015 to 2020, the global SMC market is expected to grow at a comprehensive annual growth rate of 5.5%. The main thrust of market growth is the emphasis on light materials in the automotive industry to improve fuel efficiency, and the demand for SMC in electrical, electronic, construction and other industries. Due to the development of the end use market in India, the Asia Pacific region has become a major consumer of SMC.