The Bulk Molding Compound (BMC) Market is gaining growth owing to increased automotive production trends by electrification The bulk molding compound (BMC) market has witnessed significant growth over the past few years owing to its widespread adoption in the automotive industry. BMC is a thermosetting plastic that is mixed with fiberglass, mineral, or carbon fiber. It exhibits several advantages such as strength, durability, and resistance to heat. BMC is majorly used in making exterior parts of automobiles such as hoods, doors, deck lids, and bumper beams. The growing automotive production globally, especially in emerging economies, has augmented the demand for BMC in recent years. The Global bulk molding compound (BMC) Market is estimated to be valued at US$ 3.82 Billion in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period from 2024 to 2031. Get More Insights On Bulk Molding Compound (BMC) Market https://www.zupyak.com/p/4364174/t/the-bulk-molding-compound-bmc-market-is-gaining-growth-owing-to-increased-automotive-production-trends-by-electrification https://www.timessquarereporter.com/news/the-bulk-molding-compound--bmc--market-is-gaining-growth-owing-to-increased-automotive-production-trends-by-electrification https://www.timessquarereporter.com/news/the-bulk-molding-compound--bmc--market-is-gaining-growth-owing-to-increased-automotive-production-trends-by-electrification https://patilojaswani.livepositively.com/the-bulk-molding-compound-bmc-market-is-gaining-growth-owing-to-increased-automotive-production-trends-by-electrification/new=1