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The Impact of COVID-19 is included in Sheet Molding Compound Market. Buy it today to get an advantage.

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SMC Market Trends and Forecast 

The future of the global SMC market looks promising with in the transportation, electrical & electronics, and construction industries. The global SMC market is expected to reach an estimated $5.4 billion by 2028 with a CAGR of 4.8% from 2022 to 2028. The major growth drivers for this market are increasing use of lightweight materials in transportation, and performance benefits, such as lower corrosion in construction and higher thermal resistance in E&E industries.