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.
In 2016, the global Foundry Binder market is led by China, capturing about 35.83% of global Foundry Binder consumption. Europe is the second-largest region-wise market with 19.72% global production share.
At present, the major manufacturers of Foundry Binder are concentrated in ASK, HA, Jinan Shengquan, BASF, Kao Chemicals, Suzhou Xingye, Mancuso Chemicals Limited, Foseco, Imerys, RPMinerals, United Erie, Eurotek, REFCOTEC, John Winter, J. B. DeVENNE INC, SI Group. ASK is the world leader, holding 9.94% production market share in 2016.
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 66.06% of total downstream consumption of Foundry Binder in global.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Foundry Binder production will show a trend of steady growth.
According to this study, over the next five years the Foundry Binder market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 3810 million by 2024, from US$ 3190 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Foundry Binder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Foundry Binder market by product type, application, key manufacturers and key regions and countries.
This study considers the Foundry Binder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Organic Binder
Inorganic Binder
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Core Sand Casting
Mold Sand Casting
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ASK
HA
Jinan Shengquan
BASF
Kao Chemicals
Suzhou Xingye
Mancuso Chemicals Limited
Foseco
Imerys
RPMinerals
United Erie
Eurotek
REFCOTEC
John Winter
J. B. DeVENNE INC
SI Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Foundry Binder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Foundry Binder market by identifying its various subsegments.
Focuses on the key global Foundry Binder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Foundry Binder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Foundry Binder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Foundry Binder . Industry analysis & Market Report on Foundry Binder is a syndicated market report, published as Global Foundry Binder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Foundry Binder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.