Foundry Binder Market Insights and Forecast To 2026 Explored In Latest Research- ASK, Eurotek, HA, Kao Chemicals, Suzhou Xingye, Jinan Shengquan


(MENAFN- Ameliorate Solutions) Posted on August 30, 2021 by Market Insights Reports Foundry Binder Market Insights and Forecast To 2026 Explored In Latest Research- ASK, Eurotek, HA, Kao Chemicals, Suzhou Xingye, Jinan Shengquan

The Market Insights Reports has added a new statistical data to its repository titled as, Global Foundry Binder Market Report 2021-2025 . It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. It also presents a futuristic growth outlook of the Foundry Binder Market in a pre- and post-COVID-19 scenario.

In 2020, the global Foundry Binder market size was US$ 3182.6 million and it is expected to reach US$ 4227.7 million by the end of 2027, with a CAGR of 3.9% during 2021-2027.

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The research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

Top Key Players in the Global Foundry Binder Market are ASK, Eurotek, HA, Kao Chemicals, Suzhou Xingye, Jinan Shengquan, Imerys, Mancuso Chemicals, RPMinerals, Foseco , and others.

Market Overview:

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 segments the Global Foundry Binder Market on the basis of Types are:

Organic Binder

Inorganic Binder

On the basis of Application, the Global Foundry Binder Market is segmented into:

Core Sand Casting

Mold Sand Casting

Regions covered: North America, Europe, Asia Pacific, Oceania, South America, Middle East and Africa

By country: USA, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, UK (UK), Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, ​​​Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, Korea, Singapore, India, Australia, New Zealand, etc.

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Foundry Binder Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

Frequently Asked Questions about Foundry Binder market:

– Who are the key players operating in the Foundry Binder market?
– Which is the leading segment in the market?
– At What CAGR is the market projected to grow in the forecast period (2021-2025)?
– What is the key factor driving the market?
– Which data rates would lead the market during the forecast period?
– Which region is expected to dominate the Foundry Binder market in the next five years?

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