The global industrial foundry additives market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for metal castings in various industries such as automotive, construction, and electrical industries. The increasing demand for metal castings in these industries has led to an increase in the production of metal castings which has resulted in an increased demand for foundry additives such as organic and inorganic additives that are used to improve the quality of these products.
Organic Additives: Organic additives are used as a replacement for lead-based compounds that were traditionally used as anti-fouling agents or lubricants during casting process. These organic compounds have been developed with improved properties such as low toxicity and high thermal stability which make them suitable replacements for lead-based compounds. Inorganic Additives: Inorganic additives are mainly used to improve the surface quality of metals through chemical reactions with molten metals or alloys during casting process. These reactions can be either oxidation or reduction reactions depending on whether they involve oxygen or hydrogen respectively; they also help reduce porosity levels on surfaces and improve mechanical properties like hardness, tensile strength, ductility etc, thereby improving product quality significantly Hybrid Additives: Hybrid additives combine both organic and inorganic components together into one additive package which helps reduce costs associated with purchasing separate types of additive packages separately.
Some Of The Growth Factors Of This Market:
- The increasing demand for metal castings in the automotive industry is expected to drive the growth of the industrial foundry additives market.
- The increasing demand for high-performance alloys in various industries is expected to drive the growth of the industrial foundry additives market.
- The growing need for lightweight and corrosion resistant materials in various industries is expected to drive the growth of the industrial foundry additives market.
- Increasing investments by governments and private players in research and development activities related to industrial foundry additives are expected to fuel its growth over time, as they help develop new products with improved properties that meet customer needs better than existing ones do, thereby driving up demand for these products across different industries such as aerospace, automotive, construction, etc, which are major end-users of these products.
- Increasing environmental regulations on emissions from factories are also likely to fuel its growth over time.
Industry Growth Insights published a new data on “Industrial Foundry Additives Market”. The research report is titled “Industrial Foundry Additives Market research by Types (Organic Additives, Inorganic Additives, Hybrid Additives), By Applications (Automotive Industry, Steel Industry, Construction Industry, Heavy Machinery Industry, Electrical Industry), By Players/Companies Clariant, REFCOTEC, Chesapeake Specialty Products, Imerys Group, ASK Chemicals, The HILL and GRIFFITH, Laviosa Chimica Mineraria”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Foundry Additives Market Research Report
By Type
Organic Additives, Inorganic Additives, Hybrid Additives
By Application
Automotive Industry, Steel Industry, Construction Industry, Heavy Machinery Industry, Electrical Industry
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Foundry Additives Market Report Segments:
The global Industrial 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
Automotive Industry, Steel Industry, Construction Industry, Heavy Machinery Industry, Electrical Industry
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:
- Clariant
- REFCOTEC
- Chesapeake Specialty Products
- Imerys Group
- ASK Chemicals
- The HILL and GRIFFITH
- Laviosa Chimica Mineraria
Highlights of The Industrial Foundry Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Additives
- Inorganic Additives
- Hybrid Additives
- By Application:
- Automotive Industry
- Steel Industry
- Construction Industry
- Heavy Machinery Industry
- Electrical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial 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.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Foundry Additives are a type of chemical used in the manufacturing of metals and alloys. They are used to improve the quality and performance of these materials.
Some of the key players operating in the industrial foundry additives market are Clariant, REFCOTEC, Chesapeake Specialty Products, Imerys Group, ASK Chemicals, The HILL and GRIFFITH, Laviosa Chimica Mineraria.
The industrial foundry additives market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial 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. Industrial 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. Industrial Foundry Additives Market - Supply Chain
4.5. Global Industrial Foundry Additives Market Forecast
4.5.1. Industrial Foundry Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Foundry Additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Foundry Additives Market Absolute $ Opportunity
5. Global Industrial 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. Industrial 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 Industrial 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. Industrial Foundry Additives Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Steel Industry
6.3.3. Construction Industry
6.3.4. Heavy Machinery Industry
6.3.5. Electrical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial 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. Industrial 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 Industrial 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. Industrial 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 Industrial Foundry Additives Demand Share Forecast, 2019-2026
9. North America Industrial 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 Industrial 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 Industrial Foundry Additives Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Steel Industry
9.4.3. Construction Industry
9.4.4. Heavy Machinery Industry
9.4.5. Electrical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial 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 Industrial Foundry Additives Demand Share Forecast, 2019-2026
10. Latin America Industrial 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 Industrial 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 Industrial Foundry Additives Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Steel Industry
10.4.3. Construction Industry
10.4.4. Heavy Machinery Industry
10.4.5. Electrical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial 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 Industrial Foundry Additives Demand Share Forecast, 2019-2026
11. Europe Industrial 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 Industrial 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 Industrial Foundry Additives Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Steel Industry
11.4.3. Construction Industry
11.4.4. Heavy Machinery Industry
11.4.5. Electrical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial 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 Industrial Foundry Additives Demand Share, 2019-2026
12. Asia Pacific Industrial 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 Industrial 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 Industrial Foundry Additives Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Steel Industry
12.4.3. Construction Industry
12.4.4. Heavy Machinery Industry
12.4.5. Electrical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial 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 Industrial Foundry Additives Demand Share, 2019-2026
13. Middle East & Africa Industrial 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 Industrial 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 Industrial Foundry Additives Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Steel Industry
13.4.3. Construction Industry
13.4.4. Heavy Machinery Industry
13.4.5. Electrical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial 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 Industrial Foundry Additives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Foundry Additives Market: Market Share Analysis
14.2. Industrial Foundry Additives Distributors and Customers
14.3. Industrial 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
