Global Foundry Binder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Foundry Binder Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Foundry Binder is used to make loose sand bonded together. Thereby giving sufficient strength to with sand mold and core, make it in the process of handling, assembly and pouring from deformation and broken.

According to our (Global Info Research) latest study, the global Foundry Binder market size was valued at US$ 3604 million in 2023 and is forecast to a readjusted size of USD 4668 million by 2030 with a CAGR of 3.8% during review period.

The global Foundry Binder market is led by China, capturing about 34% of global Foundry Binder consumption. Europe is the second-largest region-wise market with 28% global share.

From the perspective of competition, the market for resin binders for medium and high-end foundry is mainly competition among large multinational companies, In the low-end market, it is the competition among many small and medium-sized manufacturers in China. At present, the major manufacturers of Foundry Binder are concentrated in ASK, HA, Jinan Shengquan, Kao Chemicals, Suzhou Xingye, Mancuso Chemicals Limited, Foseco, Imerys, RPMinerals. ASK is the world leader, holding 18% production market share.

In application, Foundry Binder downstream is wide and recently Foundry Binder has acquired increasing significance in various fields of Core Sand Casting and Mold Sand Casting. The Foundry Binder market is mainly driven by growing demand for Mold Sand Casting which accounts for nearly 66% of total downstream consumption of Foundry Binder in global.

This report is a detailed and comprehensive analysis for global Foundry Binder market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Foundry Binder market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Foundry Binder market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Foundry Binder market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Foundry Binder market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Foundry Binder

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Foundry Binder market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ASK, HA, Jinan Shengquan, Kao Chemicals, Suzhou Xingye, Mancuso Chemicals, Foseco, Imerys, RPMinerals, Eurotek, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Foundry Binder market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Organic Binder
Inorganic Binder

Market segment by Application
Core Sand Casting
Mold Sand Casting

Major players covered
ASK
HA
Jinan Shengquan
Kao Chemicals
Suzhou Xingye
Mancuso Chemicals
Foseco
Imerys
RPMinerals
Eurotek

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Foundry Binder product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Foundry Binder, with price, sales quantity, revenue, and global market share of Foundry Binder from 2019 to 2024.

Chapter 3, the Foundry Binder competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Foundry Binder breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Foundry Binder market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Foundry Binder.

Chapter 14 and 15, to describe Foundry Binder sales channel, distributors, customers, research findings and conclusion.