Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Foundry Additives Market by Type (Organic Additives, Inorganic Additives, Hybrid Additives), By Application (Industrial Use, Railways, Mining) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Foundry Additives Market by Type (Organic Additives, Inorganic Additives, Hybrid Additives), By Application (Industrial Use, Railways, Mining) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 192027 3300 Chemical & Material 377 241 Pages 4.8 (36)
                                          

Market Overview:


The global foundry additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for castings from various end-use industries, such as automotive, railways, and mining. In addition, the growing demand for hybrid additives is also contributing to the growth of the global foundry additives market. The global foundry additives market can be segmented on the basis of type into organic additives, inorganic additives, and hybrid additive. The organic additive segment is projected to grow at a higher CAGR during the forecast period owing to its properties such as corrosion resistance and thermal stability. In terms of application, the industrial use segment dominates the global foundry additives market followed by railways and mining segments respectively. However, with increasing demand for castings from emerging economies such as China and India in automotive sector is expected propel growth in this application segment over next few years .Geographically , North America accounted for largest share in 2017 due high adoption rate among OEMs located thereon account production facilities are also situated regionally .


Global Foundry Additives Industry Outlook


Product Definition:


Foundry additives are used to improve the casting process by controlling the fluidity of the molten metal, reducing turbulence, and preventing defects. They also help to adjust the chemical composition of the alloy.


Organic Additives:


Organic additives are the materials that are added to foundry sand in order to improve or modify certain properties such as color, viscosity, and plasticity. The most common types of organic additives include binders (such as polyvinyl alcohol), pigments (such as titanium dioxide), thickeners (such as carboxymethyl cellulose) and lubricants/processing aids (including boron nitride).


Inorganic Additives:


Inorganic additives are used in foundry additives market to control and adjust the properties of materials such as flow, color, viscosity, surface tension and heat treatment. Inorganic additive is basically any substance that is added to a liquid for the purpose of improving its properties or adding new functionalities. Some common examples include metal oxides (such as titanium dioxide), clay minerals (such as bentonite), silica gel and alumina trihydrate among others.


Application Insights:


The industrial use segment dominated the global foundry additives market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand from various industries including automotive and construction for metal casting such as iron and steel, aluminum alloys, etc. Rapid urbanization coupled with rising living standards has led to an increase in the demand for automobiles across various regions which is expected to fuel product consumption over the forecast period.


Increasing investments by governments in infrastructure projects such as railways are likely to drive foundry industry growth thereby fueling product demand globally over the coming years. In addition, favorable government policies related to taxes on manufacturing companies are anticipated to augment industry expansion further driving market growth during future phases of analysis.


Regional Analysis:


Asia Pacific dominated the global foundry additives market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electronic products such as smartphones and laptops, which require high-quality components made using additive manufacturing. China is a major country contributing towards regional growth owing to rapid industrialization, low labor cost, availability of skilled workforce and easy access to capital.


North America also held a significant share in the industry due to growing awareness about 3D printing technology among manufacturers as well consumers. Moreover, presence of prominent players such as Stratasys Ltd., Objet Geometries Inc.


Europe was valued at USD X million in 2017.


Growth Factors:


  • Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
  • Growing demand for foundry additives from the construction industry to improve the quality of castings
  • Rising demand from emerging economies such as China and India
  • Technological advancements that have led to the development of new types of foundry additives
  • Stringent environmental regulations that are encouraging the use of environmentally friendly foundry additives

Scope Of The Report

Report Attributes

Report Details

Report Title

Foundry Additives Market Research Report

By Type

Organic Additives, Inorganic Additives, Hybrid Additives

By Application

Industrial Use, Railways, Mining

By Companies

Clariant, REFCOTEC, Chesapeake Specialty Products, Imerys Group, ASK Chemicals, The HILL and GRIFFITH, Laviosa Chimica Mineraria

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Foundry Additives Market Report Segments:

The global Foundry Additives market is segmented on the basis of:

Types

Organic Additives, Inorganic Additives, Hybrid Additives

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Industrial Use, Railways, Mining

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Clariant
  2. REFCOTEC
  3. Chesapeake Specialty Products
  4. Imerys Group
  5. ASK Chemicals
  6. The HILL and GRIFFITH
  7. Laviosa Chimica Mineraria

Global Foundry Additives Market Overview


Highlights of The Foundry Additives Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Organic Additives
    2. Inorganic Additives
    3. Hybrid Additives
  1. By Application:

    1. Industrial Use
    2. Railways
    3. Mining
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Foundry Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Foundry Additives Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Foundry additives are a type of chemical used in the manufacturing of metals and alloys. They are added to molten metal to help it flow more easily, form shapes, and resist corrosion.

Some of the major companies in the foundry additives market are Clariant, REFCOTEC, Chesapeake Specialty Products, Imerys Group, ASK Chemicals, The HILL and GRIFFITH, Laviosa Chimica Mineraria.

The foundry additives market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Foundry Additives Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Foundry Additives Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Foundry Additives Market - Supply Chain
   4.5. Global Foundry Additives Market Forecast
      4.5.1. Foundry Additives Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Foundry Additives Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Foundry Additives Market Absolute $ Opportunity

5. Global Foundry Additives Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Foundry Additives Market Size and Volume Forecast by Type
      5.3.1. Organic Additives
      5.3.2. Inorganic Additives
      5.3.3. Hybrid Additives
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Foundry Additives Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Foundry Additives Market Size and Volume Forecast by Application
      6.3.1. Industrial Use
      6.3.2. Railways
      6.3.3. Mining
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Foundry Additives Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Foundry Additives Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Foundry Additives Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Foundry Additives Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Foundry Additives Demand Share Forecast, 2019-2026

9. North America Foundry Additives Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Foundry Additives Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Foundry Additives Market Size and Volume Forecast by Application
      9.4.1. Industrial Use
      9.4.2. Railways
      9.4.3. Mining
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Foundry Additives Market Size and Volume Forecast by Type
      9.7.1. Organic Additives
      9.7.2. Inorganic Additives
      9.7.3. Hybrid Additives
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Foundry Additives Demand Share Forecast, 2019-2026

10. Latin America Foundry Additives Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Foundry Additives Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Foundry Additives Market Size and Volume Forecast by Application
      10.4.1. Industrial Use
      10.4.2. Railways
      10.4.3. Mining
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Foundry Additives Market Size and Volume Forecast by Type
      10.7.1. Organic Additives
      10.7.2. Inorganic Additives
      10.7.3. Hybrid Additives
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Foundry Additives Demand Share Forecast, 2019-2026

11. Europe Foundry Additives Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Foundry Additives Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Foundry Additives Market Size and Volume Forecast by Application
      11.4.1. Industrial Use
      11.4.2. Railways
      11.4.3. Mining
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Foundry Additives Market Size and Volume Forecast by Type
      11.7.1. Organic Additives
      11.7.2. Inorganic Additives
      11.7.3. Hybrid Additives
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Foundry Additives Demand Share, 2019-2026

12. Asia Pacific Foundry Additives Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Foundry Additives Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Foundry Additives Market Size and Volume Forecast by Application
      12.4.1. Industrial Use
      12.4.2. Railways
      12.4.3. Mining
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Foundry Additives Market Size and Volume Forecast by Type
      12.7.1. Organic Additives
      12.7.2. Inorganic Additives
      12.7.3. Hybrid Additives
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Foundry Additives Demand Share, 2019-2026

13. Middle East & Africa Foundry Additives Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Foundry Additives Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Foundry Additives Market Size and Volume Forecast by Application
      13.4.1. Industrial Use
      13.4.2. Railways
      13.4.3. Mining
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Foundry Additives Market Size and Volume Forecast by Type
      13.7.1. Organic Additives
      13.7.2. Inorganic Additives
      13.7.3. Hybrid Additives
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Foundry Additives Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Foundry Additives Market: Market Share Analysis
   14.2. Foundry Additives Distributors and Customers
   14.3. Foundry Additives Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Clariant
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. REFCOTEC
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Chesapeake Specialty Products
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Imerys Group
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. ASK Chemicals
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. The HILL and GRIFFITH
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Laviosa Chimica Mineraria
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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