Rising Demand for Semiconductors Drives Global Foundry Chemicals Market Growth through 2027


Global Foundry Chemicals Market was valued US$ 1880.2 Mn. in 2020 and is expected to grow US$ 2130.29 Mn. by 2027, at a CAGR of 1.8% during the forecast period.

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Global Foundry Chemicals Market Overview

The study covers the Global Foundry Chemicals Market 's most recent revenue and market trends. It includes  Global Foundry Chemicals Market   overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Global Foundry Chemicals Market . It also aids in determining the future potential of the Global Foundry Chemicals Market in the forecast years.

Cast aluminium components are lightweight and as strong as steel. Parts made of aluminium have more aesthetic appeal and visual value than those constructed of other metal alloys. Aluminum castings are adaptable, resistant to corrosion, and have a variety of uses. These characteristics enable producers to use aluminium parts in a variety of products. Also, the final goods have a longer shelf life, giving customers greater value.

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Report Scope and Research Methodology

Global Global Foundry Chemicals Market report published by Maximize Market Research is a combination of thorough primary and secondary research. The qualitative and quantitative data in the report are expected to assist decision-makers in determining which Global Foundry Chemicals Market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. Maximize Market Research's report on the Global Foundry Chemicals Market includes a PESTLE analysis, which provides information on the development of company strategies. Political variables can help you figure out how much a government can influence the Global Foundry Chemicals Market . Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Foundry Chemicals Market .

Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Foundry Chemicals Market is aided by legal factors. The report throws light on the competitive scenario of the global Global Foundry Chemicals Market to know the competition at both the domestic and global levels. It covers all the key aspects such as areas of operation, production, and product portfolio. Additionally, Global Foundry Chemicals Market players listed in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.

Regional Insights

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Global Foundry Chemicals Market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Global Foundry Chemicals Market Segmentation

In terms of market share by type, the binders segment dominated the worldwide foundry chemicals market in 2020 and is anticipated to maintain its dominance over the coming years (2021-2027). Binders hold casting materials in place during casting to prevent deformation from developing in the finished metal products. Many metals, including aluminium, cast iron, bronze, and steel, are cast using foundry binders.

Both ferrous and non-ferrous foundries use binders. Sand is typically used in the casting of metals because it is inexpensive, easily accessible, and green sand casting is compatible with all kinds of binder systems.

In terms of application, the market for foundry chemicals worldwide in 2020 was dominated by cast iron. Because these casting components are widely accessible and have cheap manufacturing costs, the segment is anticipated to continue its appeal in the foundry chemicals market during the forecast period.

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Key Players 
• 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

Key Questions answered in the Global Foundry Chemicals Market Report are: 

  • Which product segment held the largest share in the Global Foundry Chemicals Market ?
  • Which are the key factors driving the Global Foundry Chemicals Market growth?
  • Which region holds the maximum share in the Global Foundry Chemicals Market ?
  • What is the expected CAGR of the Global Foundry Chemicals Market during the forecast period?
  • Who are the prominent players in the Global Foundry Chemicals Market ?
  • What key trends are expected to emerge in the Global Foundry Chemicals Market in the coming years?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments with their sub-segments and region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Pune Banglore Highway, Narhe,
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Published in

Business , News

Published on

Mar 20, 2023

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