Global Foundry Binders Market is accounted for $3,038.92 million in 2019 and is expected to reach $5,624.82 million by 2027 growing at a CAGR of 8.0% during the forecast period. Increase in command for casting products from end-user industries and the rise in demand for no-bake binder systems are the major factor driving the market growth.
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By geography, North America is going to have a huge demand during the forecast period due to increasing cast products in various industries such as automobile, aerospace, and manufacturing during the forecast period.
Some of the key players profiled in the Foundry Binders Market include ASK Chemicals, BASF SE, Eurotek Foundry Products Ltd, Huttenes-Albertus Chemische Werke GmbH, IMERYS, IVP Limited, John Winter, Kao Corporation, Mancuso Chemicals Limited., REFCOTEC, RPMinerals, The Shengquan Group, United Erie, Vesuvius, Suzhou Xingye, Schenectady International, Inc., Carpenter Brothers, Inc, Piedmont Foundry Supply, J. B. DeVENNE INC., and Hawaiian Holdings, Inc. (HA).
Industry Structures Covered in Foundry Binders Market
• Polyurethane No-Bake
• Automated
Product Types Covered:
• Inorganic Binder
• Organic Binder
• Heat Curing
• Coldbox
• Polyurethane Coldbox
• Phenolic Resole
• Epoxy
• Other Product Types
Applications Covered:
• Ferrous Metals
• Non-Ferrous Metals
• Chemical Industry
• Resin
• Paint
• Ceramic
End Users Covered:
• Mold Sand Casting
• Core Sand Casting
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