Foundry Chemicals Market- Global Industry Analysis and Forecast (2023-2029)

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Aluminum cast parts are light in weight and have the strength of steel. The appearance and visual value of aluminum-made parts are also superior to that of other metal alloys. Castings made from aluminum are versatile, corrosion-resistant, and can be used for different purposes. These qual

Foundry Chemicals Market was valued US$ 1948.4 Mn. in 2022 and is expected to grow US$ 2207.6 Mn. by 2029, at a CAGR of 1.8% during the forecast period.

Foundry Chemicals Market Overview:

The purpose of this study is to provide a thorough examination of the Foundry Chemicals market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Foundry Chemicals market's growth. The study also offers a comprehensive analysis of the market's value chain.

Market Scope:

The research method used to assess and anticipate the Foundry Chemicals market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Foundry Chemicals market was calculated using the revenue of significant enterprises.

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Drivers:

Aluminum cast parts are light in weight and have the strength of steel. The appearance and visual value of aluminum-made parts are also superior to that of other metal alloys. Castings made from aluminum are versatile, corrosion-resistant, and can be used for different purposes. These qualities allow manufacturers to produce multiple products using aluminum parts. The finished products also have a longer lifespan, so giving consumers more value. 

Segmentation:

by Type

• Binders
• Additive Agents
• Coatings
• Fluxes
• Hot Topping Compounds
• Others

by Type

• Iron
• Steel
• Aluminum
• Others (including Copper, Zinc, and Magnesium)
Foundry Chemicals Market, by Region

Key Players:

The major players covered in the Foundry Chemicals market report are

• Vesuvius
• ASK Chemicals
• HÜTTENES-ALBERTUS Chemische Werke GmbH
• Imerys
• IVP Limited
• General Chemical Corp.
• Affcil Industries
• Georgia-Pacific Chemicals LLC
• Ultraseal India Pvt. Ltd.
• John Winter
• Yash Chemicals
• Fincast Foundry Flux
• Mancuso Chemicals Limited
• Forace Polymers (P) Ltd.
• Shamlax Metachem Pvt. Ltd.
• CERAFLUX INDIA PVT LTD
• Saint-Gobain Performance Ceramics Refractories
• Carpenter Brothers, Inc.
• Compax Industrial Systems Pvt. Ltd
• Coleshill Aluminium
• CS Additive GmbH
• CAGroup

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Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Foundry Chemicals Market:

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Foundry Chemicals market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Foundry Chemicals industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.

Key Questions Answered in the Foundry Chemicals Market Report are:

  • Which segment grabbed the largest share in the Foundry Chemicals market?
  • How was the competitive scenario of the Foundry Chemicals market in 2020?
  • Which are the key factors responsible for the Foundry Chemicals market growth?
  • Which region held the maximum share in the Foundry Chemicals market in 2020?
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