Molding Compounds Market Projections Anticipated Trends and Developments

Rising demand from sectors such as electrical & electronics, automotive, and construction is fueling market expansion.

WILMINGTON, DE, UNITED STATES, July 17, 2025 /EINPresswire.com/ -- The global molding compounds market is experiencing robust growth, driven by extensive usage across various sectors including industrial, electrical, packaging, manufacturing, aerospace, and automotive. The increasing adoption of epoxy and phenolic resins in insulation and cladding applications—especially in rapidly developing countries like Mexico, China, India, Japan, and the U.S.—is creating new avenues for expansion.

According to a recent report by Allied Market Research, the market was valued at $10.10 billion in 2021 and is projected to reach $17.02 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1548

Market Drivers & Opportunities:

- Widespread Application: Rising demand from sectors such as electrical & electronics, automotive, and construction is fueling market expansion.
- Thermal Stability & Strength: Molding compounds offer excellent thermal insulation, corrosion resistance, and mechanical strength—making them highly suitable for harsh industrial environments.
- Construction Growth in Emerging Economies: Large-scale usage of phenolic and epoxy resins in cladding and insulation is prominent in developing markets, offering substantial growth opportunities.

Market Restraints:

Health Concerns: Prolonged exposure to certain molding compounds can lead to skin irritation, eye discomfort, and respiratory issues, which may hamper market growth in sensitive environments.

Segmental Insights:-

By Resin Type:

- Phenolic Resin dominated in 2021, accounting for nearly 40% of the market.
- It is expected to maintain its lead with the highest CAGR of 6.0% through 2031.
- Other notable resin types: Polyester, Epoxy, and Others.

By Application:

- Electrical & Electronics emerged as the top application segment, capturing around one-third of the market in 2021.
- It is projected to register the fastest growth, with a CAGR of 6.1% from 2022 to 2031.
- Other key applications: Automotive, Aerospace, Industrial, and Packaging.

Regional Outlook:

- Asia-Pacific led the global market in 2021, accounting for over 40% of revenue share.
- The region is expected to maintain dominance and register the highest CAGR of 5.9%, driven by rapid industrialization and infrastructure development in countries like China, India, and Southeast Asia.

Key Market Players:-

Major companies shaping the competitive landscape include:

- BASF SE
- The Lubrizol Corporation
- CAPLINQ Corporation
- Sumitomo Chemical Co., Ltd.
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Owens Corning
- Toray Industries, Inc.

These companies are actively engaging in strategic collaborations, product innovations, regional expansion, and joint ventures to strengthen their global presence and product portfolios.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/molding-compound-market/purchase-options

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+ 1 800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X