UK SMC and BMC Market By Application
| Label | Automotive | Electrical & Electronics | Building & Construction | Agriculture | Marine | Others |
|---|---|---|---|---|---|---|
| 2019 | 14.42 USD Mn | 2.97 USD Mn | 9.39 USD Mn | 1.93 USD Mn | 1.11 USD Mn | 5.16 USD Mn |
| 2020 | 13.73 USD Mn | 2.8 USD Mn | 8.88 USD Mn | 1.82 USD Mn | 1.05 USD Mn | 4.89 USD Mn |
| 2021 | 13.98 USD Mn | 2.83 USD Mn | 8.98 USD Mn | 1.83 USD Mn | 1.07 USD Mn | 4.96 USD Mn |
| 2022 | 14.33 USD Mn | 2.88 USD Mn | 9.14 USD Mn | 1.86 USD Mn | 1.09 USD Mn | 5.06 USD Mn |
| 2023 | 14.78 USD Mn | 2.94 USD Mn | 9.36 USD Mn | 1.9 USD Mn | 1.12 USD Mn | 5.2 USD Mn |
| 2024 | 15.34 USD Mn | 3.02 USD Mn | 9.65 USD Mn | 1.94 USD Mn | 1.16 USD Mn | 5.37 USD Mn |
| 2025 | 16.04 USD Mn | 3.13 USD Mn | 10.02 USD Mn | 2.01 USD Mn | 1.21 USD Mn | 5.59 USD Mn |
| 2026 | 16.93 USD Mn | 3.28 USD Mn | 10.51 USD Mn | 2.1 USD Mn | 1.27 USD Mn | 5.87 USD Mn |
| 2027 | 17.93 USD Mn | 3.44 USD Mn | 11.05 USD Mn | 2.2 USD Mn | 1.35 USD Mn | 6.18 USD Mn |
| 2028 | 19.07 USD Mn | 3.63 USD Mn | 11.68 USD Mn | 2.31 USD Mn | 1.43 USD Mn | 6.54 USD Mn |
| 2029 | 20.37 USD Mn | 3.84 USD Mn | 12.39 USD Mn | 2.44 USD Mn | 1.52 USD Mn | 6.95 USD Mn |
| 2030 | 21.88 USD Mn | 4.09 USD Mn | 13.21 USD Mn | 2.59 USD Mn | 1.63 USD Mn | 7.43 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The UK SMC and BMC Market By Application market is on a steady long-term growth path. Segment value stands at roughly USD 40 Mn in 2026 and is projected to reach USD 51 Mn by 2030 — a gain of about 27% over the forecast period, translating to a CAGR in the mid-single digits.
- Automotive is the biggest of 6 groups as of 2030, at 21. 88M USD (43% of the combined total).
- 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 22 Mn, with Building & Construction at USD 13 Mn.
Market Dynamics
Automotive is the biggest of 6 groups as of 2030, at 21.88M USD (43% of the combined total).
Second place: Building & Construction, 13.21M USD, trailing Automotive by 40%.
Automotive: up 52% over the period, 14.42M USD to 21.88M USD.
Building & Construction grows to 13.21M USD by 2030, from 9.39M USD in 2019 — 41% up.
Others climbs from 5.16M USD (2019) to 7.43M USD (2030), a 44% gain.
Electrical & Electronics: 2.97M USD to 4.09M USD, 38% higher by 2030.
Agriculture: 1.93M USD in 2019 to 2.59M USD by 2030, up 34%.
Marine climbs from 1.11M USD (2019) to 1.63M USD (2030), a 47% gain.
Combined, all 6 groups add up to 50.83M USD by 2030 — 45% up from 34.98M USD in 2019.
How To Compare These 6 Groups
This is a comparison chart, 6 groups at once — the interesting question is usually how the gap between them changes, not the value of any single group in isolation.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the UK SMC and BMC market is projected to become and how quickly it gets there.
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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