Global Sheet Molding Compound and Bulk Molding Compound Industry

Global Sheet Molding Compound and Bulk Molding Compound Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

Global Sheet Molding Compound and Bulk Molding Compound Industry

Global Sheet Molding Compound and Bulk Molding Compound Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027


Insights into the Sheet Molding Compound and Bulk Molding Compound Market include supply chain optimization, Sheet Molding Compound and Bulk Molding Compound challenges, and growth forecasts segmented by region and service type.

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

The global Sheet Molding Compound and Bulk Molding Compound market is expected to reach US$ XX Million by 2027, with a CAGR of XX% from 2020 to 2027, based on newly published report.


The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).



By Market Verdors:


Huntsman Corporation


Hexion


Dow Chemical


PPG Industries


Toray Industries


Jushi Groups


Owens Corning and others


IDI Composite International


Menzolit GmbH


Continental Structural Plastics


Core Molding Technologies


Showa Denko K.K.



By Types:


Polyester


Others



By Applications:


Transportation


Electrical & Electronics


Construction


Others



Key Indicators Analysed


Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.


Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.


Market Trends: Market key trends which include Increased Competition and Continuous Innovations.


Opportunities and Drivers: Identifying the Growing Demands and New Technology


Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.



Key Reasons to Purchase


To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.


Assess the production processes, major issues, and solutions to mitigate the development risk.


To understand the most affecting driving and restraining forces in the market and its impact in the global market.


Learn about the market strategies that are being adopted by leading respective organizations.


To understand the future outlook and prospects for the market.


Besides the standard structure reports, we also provide custom research according to specific requirements.

1 Report Overview


1.1 Study Scope and Definition


1.2 Research Methodology


1.2.1 Methodology/Research Approach


1.2.2 Data Source


1.3 Key Market Segments


1.4 Players Covered: Ranking by Sheet Molding Compound and Bulk Molding Compound Revenue


1.5 Market Analysis by Type


1.5.1 Global Sheet Molding Compound and Bulk Molding Compound Market Size Growth Rate by Type: 2021 VS 2027


1.5.2 Polyester


1.5.3 Others


1.6 Market by Application


1.6.1 Global Sheet Molding Compound and Bulk Molding Compound Market Share by Application: 2022-2027


1.6.2 Transportation


1.6.3 Electrical & Electronics


1.6.4 Construction


1.6.5 Others


1.7 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth


1.7.1 Covid-19 Impact: Global GDP Growth, 2019, 2021 and 2022 Projections


1.7.2 Covid-19 Impact: Commodity Prices Indices


1.7.3 Covid-19 Impact: Global Major Government Policy


1.8 Study Objectives


1.9 Years Considered


2 Global Sheet Molding Compound and Bulk Molding Compound Market Trends and Growth Strategy


2.1 Market Top Trends


2.2 Market Drivers


2.3 Market Challenges


2.4 Porter’s Five Forces Analysis


2.5 Market Growth Strategy


2.6 SWOT Analysis


3 Global Sheet Molding Compound and Bulk Molding Compound Market Players Profiles


3.1 Huntsman Corporation


3.1.1 Huntsman Corporation Company Profile


3.1.2 Huntsman Corporation Sheet Molding Compound and Bulk Molding Compound Product Specification


3.1.3 Huntsman Corporation Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.2 Hexion


3.2.1 Hexion Company Profile


3.2.2 Hexion Sheet Molding Compound and Bulk Molding Compound Product Specification


3.2.3 Hexion Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.3 Dow Chemical


3.3.1 Dow Chemical Company Profile


3.3.2 Dow Chemical Sheet Molding Compound and Bulk Molding Compound Product Specification


3.3.3 Dow Chemical Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.4 PPG Industries


3.4.1 PPG Industries Company Profile


3.4.2 PPG Industries Sheet Molding Compound and Bulk Molding Compound Product Specification


3.4.3 PPG Industries Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.5 Toray Industries


3.5.1 Toray Industries Company Profile


3.5.2 Toray Industries Sheet Molding Compound and Bulk Molding Compound Product Specification


3.5.3 Toray Industries Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.6 Jushi Groups


3.6.1 Jushi Groups Company Profile


3.6.2 Jushi Groups Sheet Molding Compound and Bulk Molding Compound Product Specification


3.6.3 Jushi Groups Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.7 Owens Corning and others


3.7.1 Owens Corning and others Company Profile


3.7.2 Owens Corning and others Sheet Molding Compound and Bulk Molding Compound Product Specification


3.7.3 Owens Corning and others Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.8 IDI Composite International


3.8.1 IDI Composite International Company Profile


3.8.2 IDI Composite International Sheet Molding Compound and Bulk Molding Compound Product Specification


3.8.3 IDI Composite International Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.9 Menzolit GmbH


3.9.1 Menzolit GmbH Company Profile


3.9.2 Menzolit GmbH Sheet Molding Compound and Bulk Molding Compound Product Specification


3.9.3 Menzolit GmbH Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.10 Continental Structural Plastics


3.10.1 Continental Structural Plastics Company Profile


3.10.2 Continental Structural Plastics Sheet Molding Compound and Bulk Molding Compound Product Specification


3.10.3 Continental Structural Plastics Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.11 Core Molding Technologies


3.11.1 Core Molding Technologies Company Profile


3.11.2 Core Molding Technologies Sheet Molding Compound and Bulk Molding Compound Product Specification


3.11.3 Core Molding Technologies Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


3.12 Showa Denko K.K.


3.12.1 Showa Denko K.K. Company Profile


3.12.2 Showa Denko K.K. Sheet Molding Compound and Bulk Molding Compound Product Specification


3.12.3 Showa Denko K.K. Sheet Molding Compound and Bulk Molding Compound Production Capacity, Revenue, Price and Gross Margin (2016-2021)


4 Global Sheet Molding Compound and Bulk Molding Compound Market Competition by Market Players


4.1 Global Sheet Molding Compound and Bulk Molding Compound Production Capacity Market Share by Market Players (2016-2021)


4.2 Global Sheet Molding Compound and Bulk Molding Compound Revenue Market Share by Market Players (2016-2021)


4.3 Global Sheet Molding Compound and Bulk Molding Compound Average Price by Market Players (2016-2021)


5 Global Sheet Molding Compound and Bulk Molding Compound Production by Regions (2016-2021)


5.1 North America


5.1.1 North America Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.1.2 Sheet Molding Compound and Bulk Molding Compound Key Players in North America (2016-2021)


5.1.3 North America Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.1.4 North America Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.2 East Asia


5.2.1 East Asia Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.2.2 Sheet Molding Compound and Bulk Molding Compound Key Players in East Asia (2016-2021)


5.2.3 East Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.2.4 East Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.3 Europe


5.3.1 Europe Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.3.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Europe (2016-2021)


5.3.3 Europe Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.3.4 Europe Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.4 South Asia


5.4.1 South Asia Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.4.2 Sheet Molding Compound and Bulk Molding Compound Key Players in South Asia (2016-2021)


5.4.3 South Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.4.4 South Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.5 Southeast Asia


5.5.1 Southeast Asia Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.5.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Southeast Asia (2016-2021)


5.5.3 Southeast Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.5.4 Southeast Asia Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.6 Middle East


5.6.1 Middle East Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.6.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Middle East (2016-2021)


5.6.3 Middle East Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.6.4 Middle East Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.7 Africa


5.7.1 Africa Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.7.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Africa (2016-2021)


5.7.3 Africa Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.7.4 Africa Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.8 Oceania


5.8.1 Oceania Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.8.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Oceania (2016-2021)


5.8.3 Oceania Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.8.4 Oceania Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.9 South America


5.9.1 South America Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.9.2 Sheet Molding Compound and Bulk Molding Compound Key Players in South America (2016-2021)


5.9.3 South America Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.9.4 South America Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


5.10 Rest of the World


5.10.1 Rest of the World Sheet Molding Compound and Bulk Molding Compound Market Size (2016-2021)


5.10.2 Sheet Molding Compound and Bulk Molding Compound Key Players in Rest of the World (2016-2021)


5.10.3 Rest of the World Sheet Molding Compound and Bulk Molding Compound Market Size by Type (2016-2021)


5.10.4 Rest of the World Sheet Molding Compound and Bulk Molding Compound Market Size by Application (2016-2021)


6 Global Sheet Molding Compound and Bulk Molding Compound Consumption by Region (2016-2021)


6.1 North America


6.1.1 North America Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.1.2 United States


6.1.3 Canada


6.1.4 Mexico


6.2 East Asia


6.2.1 East Asia Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.2.2 China


6.2.3 Japan


6.2.4 South Korea


6.3 Europe


6.3.1 Europe Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.3.2 Germany


6.3.3 United Kingdom


6.3.4 France


6.3.5 Italy


6.3.6 Russia


6.3.7 Spain


6.3.8 Netherlands


6.3.9 Switzerland


6.3.10 Poland


6.4 South Asia


6.4.1 South Asia Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.4.2 India


6.5 Southeast Asia


6.5.1 Southeast Asia Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.5.2 Indonesia


6.5.3 Thailand


6.5.4 Singapore


6.5.5 Malaysia


6.5.6 Philippines


6.6 Middle East


6.6.1 Middle East Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.6.2 Turkey


6.6.3 Saudi Arabia


6.6.4 Iran


6.6.5 United Arab Emirates


6.7 Africa


6.7.1 Africa Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.7.2 Nigeria


6.7.3 South Africa


6.8 Oceania


6.8.1 Oceania Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.8.2 Australia


6.9 South America


6.9.1 South America Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


6.9.2 Brazil


6.9.3 Argentina


6.10 Rest of the World


6.10.1 Rest of the World Sheet Molding Compound and Bulk Molding Compound Consumption by Countries


7 Global Sheet Molding Compound and Bulk Molding Compound Production Forecast by Regions (2022-2027)


7.1 Global Forecasted Production of Sheet Molding Compound and Bulk Molding Compound (2022-2027)


7.2 Global Forecasted Revenue of Sheet Molding Compound and Bulk Molding Compound (2022-2027)


7.3 Global Forecasted Price of Sheet Molding Compound and Bulk Molding Compound (2022-2027)


7.4 Global Forecasted Production of Sheet Molding Compound and Bulk Molding Compound by Region (2022-2027)


7.4.1 North America Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.2 East Asia Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.3 Europe Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.4 South Asia Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.5 Southeast Asia Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.6 Middle East Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.7 Africa Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.8 Oceania Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.9 South America Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.4.10 Rest of the World Sheet Molding Compound and Bulk Molding Compound Production, Revenue Forecast (2022-2027)


7.5 Forecast by Type and by Application (2022-2027)


7.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)


7.5.2 Global Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Application (2022-2027)


8 Global Sheet Molding Compound and Bulk Molding Compound Consumption Forecast by Regions (2022-2027)


8.1 North America Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.2 East Asia Market Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.3 Europe Market Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Countriy


8.4 South Asia Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.5 Southeast Asia Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.6 Middle East Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.7 Africa Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.8 Oceania Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.9 South America Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


8.10 Rest of the world Forecasted Consumption of Sheet Molding Compound and Bulk Molding Compound by Country


9 Global Sheet Molding Compound and Bulk Molding Compound Sales by Type (2016-2027)


9.1 Global Sheet Molding Compound and Bulk Molding Compound Historic Market Size by Type (2016-2021)


9.2 Global Sheet Molding Compound and Bulk Molding Compound Forecasted Market Size by Type (2022-2027)


10 Global Sheet Molding Compound and Bulk Molding Compound Consumption by Application (2016-2027)


10.1 Global Sheet Molding Compound and Bulk Molding Compound Historic Market Size by Application (2016-2021)


10.2 Global Sheet Molding Compound and Bulk Molding Compound Forecasted Market Size by Application (2022-2027)


11 Global Sheet Molding Compound and Bulk Molding Compound Manufacturing Cost Analysis


11.1 Sheet Molding Compound and Bulk Molding Compound Key Raw Materials Analysis


11.1.1 Key Raw Materials


11.2 Proportion of Manufacturing Cost Structure


11.3 Manufacturing Process Analysis of Sheet Molding Compound and Bulk Molding Compound


12 Global Sheet Molding Compound and Bulk Molding Compound Marketing Channel, Distributors, Customers and Supply Chain


12.1 Marketing Channel


12.2 Sheet Molding Compound and Bulk Molding Compound Distributors List


12.3 Sheet Molding Compound and Bulk Molding Compound Customers


12.4 Sheet Molding Compound and Bulk Molding Compound Supply Chain Analysis


13 Analyst's Viewpoints/Conclusions


14 Disclaimer


Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Sheet Molding Compound and Bulk Molding Compound Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
How are the major players in the Sheet Molding Compound and Bulk Molding Compound Market planning to grow in the future?
A large number of Global Sheet Molding Compound and Bulk Molding Compound players are focusing on individualized and innovative technologies that will provide the necessary impetus for profit and growth in the coming years.
What are the major applications of the Sheet Molding Compound and Bulk Molding Compound Market?
Depending upon the type of applications, the Sheet Molding Compound and Bulk Molding Compound Market has been segmented into and other applications.
What is the current state of the Sheet Molding Compound and Bulk Molding Compound Industry, and what is the projected growth trajectory through 2030?
In 2024, the Sheet Molding Compound and Bulk Molding Compound Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
Where does the Sheet Molding Compound and Bulk Molding Compound Industry stands in terms of scaling end-use implementations?
According to the Sheet Molding Compound and Bulk Molding Compound Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.
What are the top priorities for the growth of the Sheet Molding Compound and Bulk Molding Compound Market?
In this highly competitive and rapidly evolving Sheet Molding Compound and Bulk Molding Compound Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.