Press release
Foundry Sand Market Surging with 7.6% CAGR to 2030 | Itochu Ceratech, Kailin Foundry, Sanmenxia Qiangxin, CARBO Ceramics
Foundry Sand Market Overview -According to QYResearch New Study Report 'Foundry Sand Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Foundry Sand market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Foundry Sand market.
The global Foundry Sand market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.
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Foundry sand, also known as casting sand or molding sand, is a type of sand used in metal casting processes to create molds for shaping and forming metal parts and components. Foundry sand plays a crucial role in the casting industry by providing a mold material that can withstand high temperatures, facilitate metal flow, and produce accurate and high-quality castings.
Global top 5 players of Ceramic Foundry Sand occupied for 83% of the market, including Itochu Ceratech, Kailin Foundry, Sanmenxia Qiangxin, CARBO Ceramics, Jingang New Materials. China is the largest market of Ceramic Foundry Sand, holding a share over 58%. Then Japan takes 28%. In terms of mesh number, under 70 Mesh shares over 46% of the market, while 70-140 Mesh shares 41%. In terms of application, Resin-coated Sand shares the largest percent of nearly 36%.
This report presents an overview of global market for Foundry Sand, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
Market The Driving Factors:-
Growing customer demand for the product, effective marketing strategies in new states, and significant investments in product development are some of the major reasons that are driving the Foundry Sand industry. One of the biggest problems the Foundry Sand industry is facing is easy access to rivals. The inexpensive cost of alternatives is another barrier to the Foundry Sand market. Companies believe they can overcome this obstacle, though, by keeping pricing in check and expanding the market for their goods through the introduction of chemicals, specialized chemicals, polymers, metals, ceramics, composites, and new materials. Furthermore, market participants need to overcome significant obstacles in order to reduce risks, adjust their plans, and carry on with business as usual. As a result, businesses will have the ability to deploy their resources efficiently without sacrificing timely market supply or product quality.
Global Foundry Sand Market Trends:-
Foundry Sand The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Foundry Sand products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Foundry Sand chemical and material products and the establishment Foundry Sand of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Detailed of Foundry Sand Market Segmentation: -
Segmentation By Type :-
Green Sand (Clay Sand)
Water Glass Sand (Sodium Silicate Sand)
Resin Sand (Phenolic, Furan)
Segmentation By Application : -
Resin-coated Sand
Cold Core Box Process
Nobake Process
Lost-foam Casting Process
Others
Who are the World's Largest Manufacturers of Foundry Sand?
Nugent Sand
Chemours Minerals
Astrra Chemicals
Chongqing Changjiang Moulding Material
Itochu Ceratech
CARBO Ceramics
Itochu Ceratech
Kailin Foundry
Jingang New Materials
Sanmenxia Qiangxin
Henan Jinnaiyuan
CMP Group
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Regional Insights and Growth Opportunities :-
The Foundry Sand Market is witnessing dynamic growth globally, but the market expansion is not uniform across regions. Our comprehensive report breaks down the Foundry Sand market performance into key regions, providing detailed insights and growth forecasts for each area.
Key Regions Covered in the Report:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Highlights the following key factors:
Business description - An in-depth description of the businesses and the divisions of the company.
Corporate strategy - Business strategy of the company as summarized by analysts.
SWOT Analysis - An in-depth analysis of the company's advantages, disadvantages, strengths, and threats.
Company history - progression of significant company-related events.
Major products and services - A list of the company's major products, services, and brands.
Key competitors - A list of the primary competitors of the company.
Important locations and subsidiaries - A list of the company's key locations and subsidiaries, along with contact details.
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Foundry Sand manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Foundry Sand in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Foundry Sand in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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Emails - arshad@qyresearch.com/arshad@qyrinc.com
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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