Pro
Chemicals & Materials
UK SMC and BMC Market By Application
| Label | Glass Fiber | Carbon Fiber |
|---|---|---|
| 2019 | 28.83 USD Mn | 6.14 USD Mn |
| 2020 | 27.32 USD Mn | 5.86 USD Mn |
| 2021 | 27.67 USD Mn | 5.98 USD Mn |
| 2022 | 28.23 USD Mn | 6.14 USD Mn |
| 2023 | 28.95 USD Mn | 6.34 USD Mn |
| 2024 | 29.89 USD Mn | 6.59 USD Mn |
| 2025 | 31.1 USD Mn | 6.91 USD Mn |
| 2026 | 32.65 USD Mn | 7.3 USD Mn |
| 2027 | 34.41 USD Mn | 7.75 USD Mn |
| 2028 | 36.41 USD Mn | 8.25 USD Mn |
| 2029 | 38.69 USD Mn | 8.83 USD Mn |
| 2030 | 41.33 USD Mn | 9.5 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The UK SMC and BMC Market By Type 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.
- By 2030, Glass Fiber is the largest of the 2 groups tracked here, at 41. 33M USD, 81% of the combined total.
- What the regional split looks like (2026): Glass Fiber leads, holding roughly 82% of segment value — the single largest regional share. Carbon Fiber is the second-largest contributor.
- By 2030, Glass Fiber alone is expected to reach USD 41 Mn, with Carbon Fiber at USD 10 Mn.
Market Dynamics
By 2030, Glass Fiber is the largest of the 2 groups tracked here, at 41.33M USD, 81% of the combined total.
Next is Carbon Fiber, at 9.50M USD — 77% behind Glass Fiber.
Glass Fiber grows to 41.33M USD by 2030, from 28.83M USD in 2019 — 43% up.
Carbon Fiber: 6.14M USD to 9.50M USD, 55% higher by 2030.
The fastest mover is Carbon Fiber, up 55% over the period — a steeper climb than any of the other 2 groups here.
Add every series together and the total reaches 50.83M USD by 2030, 45% above the 2019 combined figure of 34.97M USD.
Reading This As A Comparison
This is a comparison chart, 2 groups at once — the interesting question is usually how the gap between them changes, not the value of any single group in isolation.
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 UK SMC and BMC market figures beside other regions or segments of the same market to see where growth is concentrated.
Figures before the 2018 base year are historical estimates; the years through 2030 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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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.