Sheet Molding Compound and Bulk Molding Compound Market Share

Sheet Molding Compound and Bulk Molding Compound Market Share Analysis

The pursuit of ecologically sound alternatives in material development has led to a surge in research focusing on organic polymers, aimed at fostering a more favorable CO2 balance. An illustrative example occurred in January 2021 when Lorenz Kunststofftechnik GmbH and the Institut für Verbundwerkstoffe achieved a significant milestone by successfully creating a lightweight thermoset derived from renewable and locally sourced raw materials. This breakthrough study yielded a reduced-weight semi-finished product founded on organic-origin raw materials. The notable decrease in density positions this innovative semi-finished product as a viable lightweight material with applications across automotive, e-mobility, and infrastructure construction sectors.

The emphasis on improving the ecological footprint was evident in the project's sourcing approach, with raw materials procured regionally within a 500-kilometer radius, a strategy integral to the pending commercialization of the project outcomes. This sustainable plastic exhibits flame resistance certified to UL 94 V0 4 mm HB and showcases mold-resistant properties, aligning with environmentally conscious manufacturing practices. Financial support for this research endeavor was provided by the Federal Ministry of Economics and Technology (BMWi) through a ZIM subsidy (Central Innovation Program for SMEs), highlighting the significance and potential impact of such eco-innovations on small and medium-sized enterprises.

Integral to this research project were the utilization of organic-based lightweight fillers and fibers, such as ground sunflower seed shells and reeds. These components contributed to the development of a semi-finished product boasting lower density compared to conventional Sheet Molding Compound (SMC), thereby positioning it as an especially suitable lightweight material, particularly pertinent for the burgeoning electric vehicle industry. This innovation in material science underscores a critical stride towards sustainable, eco-friendly materials that not only cater to the industry's needs but also align with global environmental goals, offering promising prospects for advancing eco-conscious manufacturing across diverse industrial sectors.

The exceptional properties exhibited by the developed lightweight thermoset product have sparked considerable interest, particularly in its potential application within the manufacturing processes of electric vehicles. The compelling characteristics and advantages it offers have prompted the company to seriously contemplate advancing towards industrial-scale production and commercialization.

The promising attributes of this innovative material, especially its reduced weight, mold-resistant nature, and flame-retardant properties, align closely with the evolving needs and demands of the electric vehicle industry. As the automotive landscape increasingly prioritizes lightweight, eco-friendly materials that enhance fuel efficiency and environmental sustainability, the newfound material's suitability for electric vehicles has garnered attention within the company.