Alkaline Phenolic Resins for Castings Market Report: growing at a CAGR of 4.2% during 2025-2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Alkaline Phenolic Resins for Castings- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Alkaline Phenolic Resins for Castings market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Alkaline Phenolic Resins for Castings was estimated to be worth US$ 300 million in 2024 and is forecast to a readjusted size of US$ 400 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.

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Alkaline Phenolic Resins for Castings: Market Overview

1. Product Introduction
Alkaline Phenolic Resins are a specialized class of phenolic resins produced through the condensation polymerization of phenol and formaldehyde using a strong alkali catalyst. These resins are inherently alkaline and serve as a critical binder in self-hardening sand molds for metal casting, typically used in combination with organic ester curing agents.

Cured alkaline phenolic resin offers exceptional high-temperature stability, enhancing the dimensional accuracy of final castings while helping to prevent defects like porosity and cracks. This resin system is formulated without harmful nitrogen, sulfur, or phosphorus, and it features low emissions of free formaldehyde and VOCs (Volatile Organic Compounds). This results in significantly reduced odor and smoke during core-making and casting operations, aligning with modern environmental and workplace safety standards.

2. Market Size & Growth
According to the latest QYResearch report *"Alkaline Phenolic Resins for Castings - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031"*, the global market for these resins is projected to reach US$ 400 million by 2031. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period from 2025 to 2031.

3. Competitive Landscape
The market features several key global players. Leading companies profiled in the report include Jinan Shengquan, Kao Chemicals, ASK Chemicals, FOSECO, Suzhou Xingye Materials Technology, and Willing New Materials Technology.
In 2024, the top three players collectively accounted for more than 35% of the global market share in terms of revenue, indicating a moderately concentrated competitive environment.

4. Market Segmentation

By Product Type (Curing Method):
The Ester Curing segment is the dominant technology, holding approximately 75% of the market revenue share. Alkaline phenolic resins are commonly cured using organic esters or CO2, with ester curing allowing for flexible adjustment of hardening speed through seasonal formulations (e.g., summer vs. winter types) to suit various production conditions and climates.

By Application:
The Steel Castings segment is the largest application area, representing about 50% of the market revenue. The resin's high-temperature performance makes it particularly suitable for demanding steel casting applications.

5. Market Dynamics

Drivers:
The primary growth driver is the shift toward "green casting" practices. Traditional binder systems like furan resins release significant amounts of free aldehydes and phenols. Alkaline phenolic resins offer a more environmentally friendly alternative with lower gas evolution, fewer harmful substances, and no acid demand requirement, positioning them favorably within tightening global environmental regulations.

Challenges:
From a technical standpoint, alkaline phenolic resin-bonded sand can suffer from poor surface stability, which may lead to casting defects such as sand inclusions and sand burn-on. Furthermore, its curing speed is relatively slow compared to some alternatives, which can impact production cycle times and efficiency.

Restraints:
The market faces constraints from the evolving demands of downstream manufacturing. Advanced casting techniques, including additive manufacturing (e.g., moldless casting) and the production of large steel castings or precision components, require binders with specific properties such as controlled viscosity, high strength, and minimal gas generation. This necessitates continuous R&D and process optimization from resin manufacturers to meet these high-end application requirements.



The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Alkaline Phenolic Resins for Castings market is segmented as below:
By Company
HA
ASK Chemicals
FOSECO
Kao Chemicals
Cavenaghi S.p.A
Dzanetech
Mancuso Chemicals
Jinan Shengquan Group
Ruihai Group
Suzhou Xingye Materials Technology
Willing New Materials Technology
Shandong Tiancheng Chemical
Sichuan Dongshu New Materials
Zhe Jiang Tian Qi New Material Technology
Changle Hengchang Chemical
Shenyang Research Institute of Foundry

Segment by Type
Ester Curing
CO2 Curing

Segment by Application
Steel Castings
Iron Castings
Alloy Castings
Others

Each chapter of the report provides detailed information for readers to further understand the Alkaline Phenolic Resins for Castings market:

Chapter 1: Introduces the report scope of the Alkaline Phenolic Resins for Castings 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. (2021-2032)
Chapter 2: Detailed analysis of Alkaline Phenolic Resins for Castings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Alkaline Phenolic Resins for Castings 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. (2021-2032)
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.(2021-2032)
Chapter 5: Sales, revenue of Alkaline Phenolic Resins for Castings 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..(2021-2032)
Chapter 6: Sales, revenue of Alkaline Phenolic Resins for Castings in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
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. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Alkaline Phenolic Resins for Castings competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Alkaline Phenolic Resins for Castings comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Alkaline Phenolic Resins for Castings market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Alkaline Phenolic Resins for Castings Market Research Report 2025
Global Alkaline Phenolic Resins for Castings Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Alkaline Phenolic Resins for Castings Market Outlook, InDepth Analysis & Forecast to 2031

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