Pro
Chemicals & Materials
Europe and Germany SMC and BMC Market By Application
| Label | Automotive | Electrical & Electronics | Building & Construction | Agriculture | Marine | Others |
|---|---|---|---|---|---|---|
| 2019 | 33.08 USD Mn | 6.81 USD Mn | 21.53 USD Mn | 4.44 USD Mn | 2.54 USD Mn | 12 USD Mn |
| 2020 | 31.62 USD Mn | 6.46 USD Mn | 20.44 USD Mn | 4.19 USD Mn | 2.42 USD Mn | 11.42 USD Mn |
| 2021 | 32.31 USD Mn | 6.54 USD Mn | 20.75 USD Mn | 4.24 USD Mn | 2.47 USD Mn | 11.62 USD Mn |
| 2022 | 33.26 USD Mn | 6.67 USD Mn | 21.21 USD Mn | 4.31 USD Mn | 2.53 USD Mn | 11.9 USD Mn |
| 2023 | 34.42 USD Mn | 6.85 USD Mn | 21.81 USD Mn | 4.41 USD Mn | 2.61 USD Mn | 12.26 USD Mn |
| 2024 | 35.85 USD Mn | 7.07 USD Mn | 22.56 USD Mn | 4.55 USD Mn | 2.71 USD Mn | 12.71 USD Mn |
| 2025 | 37.64 USD Mn | 7.35 USD Mn | 23.52 USD Mn | 4.72 USD Mn | 2.84 USD Mn | 13.28 USD Mn |
| 2026 | 39.87 USD Mn | 7.72 USD Mn | 24.75 USD Mn | 4.94 USD Mn | 3 USD Mn | 13.99 USD Mn |
| 2027 | 42.39 USD Mn | 8.14 USD Mn | 26.14 USD Mn | 5.2 USD Mn | 3.18 USD Mn | 14.81 USD Mn |
| 2028 | 45.27 USD Mn | 8.61 USD Mn | 27.72 USD Mn | 5.49 USD Mn | 3.39 USD Mn | 15.73 USD Mn |
| 2029 | 48.51 USD Mn | 9.15 USD Mn | 29.5 USD Mn | 5.82 USD Mn | 3.62 USD Mn | 16.77 USD Mn |
| 2030 | 52.28 USD Mn | 9.77 USD Mn | 31.58 USD Mn | 6.2 USD Mn | 3.89 USD Mn | 17.97 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Europe and Germany SMC and BMC Market By Application market is on a steady long-term growth path. Segment value stands at roughly USD 94 Mn in 2026 and is projected to reach USD 122 Mn by 2030 — a gain of about 29% over the forecast period, translating to a CAGR in the mid-single digits.
- 2030: Automotive accounts for 43% of the combined USD total across these 6 groups, the largest single share.
- What the regional split looks like (2026): Automotive leads, holding roughly 42% of segment value — the single largest regional share. Building & Construction is the second-largest contributor. Others, Electrical & Electronics, Agriculture and Marine make up the remainder, in descending order.
- By 2030, Automotive alone is expected to reach USD 52 Mn, with Building & Construction at USD 32 Mn.
Market Dynamics
2030: Automotive accounts for 43% of the combined USD total across these 6 groups, the largest single share.
Building & Construction is runner-up at 31.58M USD — 40% off the lead.
Automotive: 33.08M USD to 52.28M USD, 58% higher by 2030.
Building & Construction: 21.53M USD in 2019 to 31.58M USD by 2030, up 47%.
Others climbs from 12.00M USD (2019) to 17.97M USD (2030), a 50% gain.
Electrical & Electronics grows to 9.77M USD by 2030, from 6.81M USD in 2019 — 43% up.
Agriculture: up 40% over the period, 4.44M USD to 6.20M USD.
Marine grows to 3.89M USD by 2030, from 2.54M USD in 2019 — 53% up.
Add every series together and the total reaches 121.69M USD by 2030, 51% above the 2019 combined figure of 80.40M USD.
Reading A Multi-Series Chart
This chart compares 6 series side by side, not one trend over time. Read them against each other — the biggest number in the room is not automatically the most important line to follow.
Do not confuse "biggest" with "fastest-growing" — they are frequently different series on a chart like this one, and the gap between them can close faster than the current ranking suggests.
The most practical way to read this is relative: set the Europe and Germany SMC and BMC market figures beside other regions or segments of the same market to see where growth is concentrated.
The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2030 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.
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Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.