Global Foundry Chemicals Market is forecasted to grow at 4.4% with increasing demand for steel, iron and other metals in numerous industries such as automotive, aerospace, construction and several others.
The foundry chemicals market has shown an exceptional penetration globally with the growing demand for steel, iron, aluminium and other metals in numerous industries such as automotive, aerospace, construction and several others. In developing countries, the growing demand for metal casting in the manufacture of heavy machinery and automotive is creating a great opportunity for the Global Foundry Chemicals Market. Further, the extensive demands for the latest household appliances in developing countries act as a viable driver for global foundry chemicals market.
Foundry Chemicals Market Scenario
According to Data Bridge Market Research, the market for foundry chemicals market in Asia-Pacific is dominating the market and the leader is Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain), which accounts for an estimated market share of approximately 10% to 14% in the global foundry chemicals market. The company has gained outstanding sales through its breathtaking foundry chemicals sites and best-in-class services.
For instance,
- In April 2018, Saint-Gobain Performance Ceramics & Refractories (PCR) (a division of Saint-Gobain) acquired the pharmaceutical business of Micro Hydraulics, which is an Irish based supplier and manufacturer of single-use fluid handling components and systems in high-performance plastics for high purity applications in the pharmaceutical and biopharmaceutical industries. This acquisition has strengthened Saint-Gobain’s High-Performance Materials operations which further allowed the Group to expand its service to customers in the Healthcare market.
- In November 2020, Vesuvius participated in the ANKIROS 2020 trade fair held in Istanbul, Turkey, aiming to bring different products related to the metallurgy industry together under a single roof. The company expects to improve its consumer base and sales with participation in this exhibition.
Trends Impacting the Market
Now the question is which other regions Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain),Vesuvius and DuPont, are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific foundry chemicals market and the market leaders targeting India and South Korea to be their next revenue pockets for 2021.
The foundry chemicals market is becoming more competitive every year with companies such as Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain),Vesuvius and DuPont as they are the market leaders for foundry chemicals market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the foundry chemicals market.
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Global Foundry Chemicals Market Development
- In June 2019, Vesuvius participated in the 10th international metallurgical trade fair and congress in Messe Düsseldorf in Düsseldorf, Germany. The company exhibited its Refractory advanced offering for ladle and other products and expected to showcase its product portfolio and improve its sales with this participation.
Scope of the Global Foundry Chemicals Market
All the analysis of the global foundry chemicals market is done based on the following segmentations. On the basis of type, the foundry chemicals market is segmented into benzene, formaldehyde, naphthalene, phenol, xylene and others. On the basis of product type, the foundry chemicals market is segmented into binders, additive agents, coatings, fluxes and others. On the basis of foundry type, the foundry chemicals market is segmented into ferrous and non-ferrous. On the basis of foundry tool type, the foundry chemicals market is segmented into showel, trowels, lifter, hand riddle, vent wire, rammers, swab, sprue pins and cutters and others. On the basis of foundry process type, the foundry chemicals market is segmented into thermal galvanization and electro less nickel plating. On the basis of foundry system type, the foundry chemicals market is segmented into sand cast systems and chemically bonded sand cast systems. On the basis of application, the foundry chemicals market is segmented into cast iron, steel, aluminium and others. On the basis of distribution channel, the foundry chemicals market is segmented into e-commerce, specialty stores, B2B/third party distributors and others.
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Key Pointers Covered in Global Foundry Chemicals Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competitiveness
Key Market Competitors Covered in the Report
- Georgia-Pacific Chemicals
- Ultraseal India Pvt. Ltd.
- John Winter
- Hüttenes-Albertus
- Mancuso Chemicals Limited
- CERAFLUX INDIA PVT.LTD.
- Forace Polymers (P) Ltd.
- Scottish Chemical
- DuPont
- Vesuvius
- ASK Chemicals
- Imerys
- Shandong Crownchem Industries Co., Ltd
- Cavenaghi S.p.A
- Saint-Gobain Performance Ceramics & Refractories (PCR) (a subsidiary of Saint-Gobain)
- Carpenter Brothers, Inc.
- Compax Industrial Systems Pvt. Ltd
- Coleshill Aluminium
- CS ADDITIVE GMBH
- CAGroup (a subsidiary of AMC Group)
- Others
- Scandinavian Enviro Systems AB
- Waverly Carbon Ltd
- Contec Sp z o.o.
Above are the key players covered in the report, to know about more and exhaustive list of foundry chemicals market companies, contact us https://www.databridgemarketresearch.com/pt/toc/?dbmr=global-foundry-chemicals-market
Research Methodology: Global Foundry Chemicals Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Consumer
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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