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Global Foundry Binder consumption will be estimated at 2,484,000 tons by 2022

Author: QYResearch | Publish date: 2018-04-19 | Views: 77
In global market, the consumption of Foundry Binder increases from 1,737,000 tons in 2012 to 1,974,000 tons in 2016, at a CAGR of 3.25%. In 2016, the global Foundry Binder market is led by China, capturing about 35.83% of global Foundry Binder consumption. Europe is the second-largest region-wise market with 19.72% global production share.

Publisher: QYResearch

Published Date: 2018-04-19

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At present, the major manufacturers of Foundry Binder are concentrated in ASK, HA, Jinan Shengquan, BASF, Kao Chemicals, Suzhou Xingye, Mancuso Chemicals Limited, Foseco, Imerys, RPMinerals, United Erie, Eurotek, REFCOTEC, John Winter, J. B. DeVENNE INC, SI Group. ASK is the world leader, holding 9.94% production market share in 2016.


In application, Foundry Binder downstream is wide and recently Foundry Binder has acquired increasing significance in various fields of Core Sand Casting and Mold Sand Casting. The Foundry Binder market is mainly driven by growing demand for Mold Sand Casting which accounts for nearly 66.06% of total downstream consumption of Foundry Binder in global.


In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Foundry Binder production will show a trend of steady growth. In 2022 the consumption of Foundry Binder is estimated to be 2,484,000 tons. On product prices, the slow downward trend in recent years will maintain in the future.


The Global Foundry Binder Sales Market Report 2017 report released by QYResearch provides a basic overview of the Foundry Binder industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Foundry Binder industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:http://www.qyresearchglobal.com/goods-1216055.html
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com

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