Foundry Chemicals

Foundry Chemicals Market Outlook

The global foundry chemicals market is projected to reach approximately USD 8.2 billion by the year 2035, growing at a CAGR of about 4.8% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for lightweight materials in various manufacturing processes, the expansion of the automotive and aerospace industries, and the rising adoption of advanced casting technologies. Furthermore, the modernization of foundry operations, coupled with the eco-friendly initiatives in the chemical manufacturing sector, is expected to bolster market growth significantly. The need for high-performance foundry chemicals that enhance the quality and efficiency of metal casting processes is also driving innovation and product development within this space.

Growth Factor of the Market

Several factors are contributing to the growth of the foundry chemicals market. First and foremost, the rising demand for high-quality casting materials across multiple industries, including automotive, aerospace, and heavy machinery, is fueling the market's expansion. Moreover, technological advancements in foundry practices have led to improved efficiencies, reducing cycle times and increasing output quality, which in turn drives the consumption of specialized chemicals. Additionally, the growing trend towards sustainable manufacturing processes is encouraging foundries to adopt environmentally friendly chemicals, further contributing to market growth. Furthermore, the increasing investment in infrastructure and construction projects worldwide is resulting in a higher demand for metal products, which is positively impacting the foundry chemicals market. Finally, the shift towards automation and smart foundry solutions is enhancing operational efficiencies, thereby boosting the demand for innovative chemical solutions.

Key Highlights of the Market

• The foundry chemicals market is expected to witness a CAGR of 4.8% from 2025 to 2035.
• Technological advancements in foundry processes are increasing efficiency and output quality.
• The automotive and aerospace industries are significant consumers of foundry chemicals.
• Investment in infrastructure and construction projects is driving the demand for metal products.
• There is a growing trend towards sustainable and eco-friendly chemicals in foundry operations.

By Product Type

Binders:

Binders play a critical role in the foundry process by holding together the grains of sand in sand molds. The growth of the binders segment is driven by the increasing demand for precision castings in various industries, including automotive and aerospace. Synthetic resin-based binders are particularly popular due to their superior performance and ability to withstand high temperatures. The shift towards environmentally friendly binders, such as those made from natural materials, is also gaining traction as foundries look to reduce their environmental footprint. Innovations in binder formulations that enhance mold strength, reduce emissions, and improve surface finish are expected to propel this segment further in the coming years.

Fluxes:

Fluxes are essential in the metal casting process as they help in the removal of impurities from molten metal. This segment is experiencing growth due to the rising demand for high-quality casting and the need for efficiency in metal production. Fluxes facilitate better flow and reduce defects in the final casting product, making them indispensable for foundries. Moreover, the increasing focus on recycling metals and the use of scrap metal in foundries are creating opportunities for flux manufacturers to innovate and develop specialized products that cater to these needs. The market for fluxes is anticipated to expand as foundries seek to enhance the quality of their castings while minimizing waste and defects.

Sand Additives:

Sand additives are used to improve the properties of molding sand, such as its cohesiveness, strength, and thermal stability. The growing demand for high-performance casting in various industries necessitates the use of specialized sand additives, which is driving this segment's growth. Additives like clay, water glass, and chemical binders are commonly employed to enhance sand characteristics. As foundries strive for better surface finishes and dimensional accuracy, the demand for innovative sand additives is expected to rise. Furthermore, the trend of using natural and sustainable additives over conventional materials is likely to influence the market positively, as foundries adapt to eco-friendly practices.

Degreasers:

Degreasers are vital in the metal casting industry for cleaning and removing contaminants from metal surfaces prior to casting. The increasing emphasis on product quality and the need for cleaner, greener manufacturing processes are propelling the demand for degreasers. Modern degreasing agents are being formulated to be less harmful to the environment while maintaining efficacy, leading to a shift towards bio-based or solvent-free options. As regulations concerning chemical use tighten, foundries are increasingly opting for advanced degreasing solutions that comply with environmental standards without compromising cleaning performance. This segment is poised for growth as manufacturers seek to enhance their sustainability measures.

Others:

The 'Others' category in foundry chemicals includes a range of products that do not fit into the primary categories but are still crucial for foundry operations. This may encompass specialty chemicals, surface coatings, and various performance-enhancing additives. The growth of this segment is driven by the increasing development of niche products that cater to specific environmental or operational requirements. For example, specialty chemicals that promote faster curing times or enhance the durability of molds are becoming more popular. As foundries continue to evolve and adapt to new challenges, the demand for these specialized chemicals is expected to rise significantly.

By Application

Iron Casting:

Iron casting remains a dominant application within the foundry chemicals market, mainly due to the widespread use of cast iron in various industrial applications. The iron casting process requires specific chemicals to ensure optimal fluidity, strength, and surface finish of the final product. The rising demand for cast iron components in the automotive and construction sectors is expected to drive the growth of this segment. Additionally, advancements in iron casting technologies, which focus on improving yield and reducing emissions, are also influencing the demand for specialized foundry chemicals aimed at enhancing the overall casting process.

Steel Casting:

The steel casting application is expected to witness significant growth, driven by the robust demand for steel components in various industries, including construction, automotive, and energy. Foundry chemicals used in steel casting, such as fluxes and binders, play a pivotal role in ensuring that the casting process yields high-quality and defect-free products. The emphasis on lightweight and high-strength materials is pushing foundries to adopt innovative chemical solutions that improve the properties of steel castings. As the global focus on infrastructure development continues, the steel casting segment is anticipated to expand considerably, further boosting the foundry chemicals market.

Aluminum Casting:

Aluminum casting has gained popularity due to the lightweight nature of aluminum, making it a preferred choice in the automotive and aerospace sectors. The demand for aluminum components is rising as manufacturers look to improve fuel efficiency and reduce emissions in vehicles. Foundry chemicals designed for aluminum casting help in achieving better mold flow and surface finish, which are critical for high-quality aluminum products. Consequently, the segment is expected to grow as industries increasingly adopt aluminum in their product designs. The shift towards sustainable practices is also favoring the use of recyclable aluminum, which drives the demand for effective foundry chemicals tailored for aluminum casting.

Copper Casting:

Copper casting is a specialized niche within the foundry chemicals market, driven by the unique properties of copper that make it highly desirable for various electrical and plumbing applications. The requirement for chemicals that enhance the fluidity and moldability of copper during casting is critical. The growing demand for copper components in electronics and renewable energy applications is expected to propel this segment. As industries focus on producing high-purity copper castings, the demand for specialized foundry chemicals to achieve superior casting quality will also increase. This segment, although smaller than others, holds significant potential for growth in the long term.

Others:

The 'Others' category in applications encompasses a range of casting processes beyond iron, steel, aluminum, and copper. This segment may include specialty applications like zinc casting or magnesium casting, which are becoming increasingly relevant in specific industries, such as automotive and aerospace. The use of advanced foundry chemicals tailored for these niche applications is on the rise as manufacturers seek to optimize their casting processes. Factors such as lightweight design requirements and the need for enhanced corrosion resistance drive the demand for foundry chemicals in these specialized applications. As technology progresses and industries evolve, the 'Others' category is likely to see sustained interest and growth.

By Distribution Channel

Direct Sales:

Direct sales remain a crucial distribution channel for foundry chemicals, allowing manufacturers to establish a direct relationship with their customers. This channel enables foundry chemical producers to understand the specific needs of their clients and offer tailored solutions that meet those requirements. Companies often leverage this approach to build brand loyalty and trust among their customer base. Moreover, direct sales facilitate better communication regarding product specifications, pricing, and support. As the market grows, companies engaged in direct sales are likely to invest more in customer relationship management tools, enhancing their ability to connect with foundries effectively.

Distributors:

Distributors play a pivotal role in the supply chain of foundry chemicals by providing essential logistical support and market reach. Many chemical manufacturers rely on distributors to penetrate various geographical markets efficiently and provide customers with timely access to their products. Distributors often carry a wide range of chemicals, enabling foundries to source multiple components from a single supplier, thereby simplifying procurement processes. The increasing complexity of foundry requirements is driving distributors to develop deeper product knowledge and technical expertise, further enhancing their value proposition in the market. As foundries seek convenience and efficiency, distributors are expected to remain a significant channel for foundry chemicals.

Online Retailers:

The rise of e-commerce has transformed the way foundry chemicals are sold, with online retailers gaining traction as a distribution channel. The convenience of online shopping allows foundries to easily research and compare various products, making informed purchasing decisions. Online platforms often provide detailed product information, customer reviews, and technical support, enhancing the buying experience. As digital transformation continues to shape the industry, many foundry chemical companies are investing in their online presence to reach a broader audience. The online retail segment is expected to grow, driven by the increasing adoption of digital solutions in procurement processes and the demand for greater accessibility to specialty chemicals.

Wholesalers:

Wholesalers serve as an essential intermediary in the foundry chemicals market, enabling bulk purchases and competitive pricing for foundries. This distribution channel is vital for smaller foundries that may not have direct relationships with manufacturers. Wholesalers often stock a variety of products, allowing foundries to fulfill their chemical needs without dealing directly with multiple suppliers. The flexibility and cost-effectiveness offered by wholesalers make them an attractive option for many businesses in the sector. As foundries look to streamline operations and minimize costs, the reliance on wholesalers is expected to continue, further solidifying their position in the market.

Others:

The 'Others' category in distribution channels includes various alternative methods of sourcing foundry chemicals, such as direct imports, partnerships with local suppliers, and specialized chemical trade shows. These methods can provide foundries with access to niche products or unique formulations not readily available through mainstream channels. As the demand for customized foundry solutions grows, alternative distribution methods are likely to gain importance as foundries seek out specific chemicals that meet their unique requirements. The increasing globalization of the chemical market further enhances the opportunities for foundries to explore diverse distribution channels, making the 'Others' category a vital component of the overall foundry chemicals landscape.

By Ingredient Type

Resin-based:

Resin-based foundry chemicals are widely adopted due to their excellent binding properties and ability to enhance the performance of molds and cores. The demand for resin-based products is driven by their versatility and ability to provide high-quality finishes. These chemicals are particularly favored in industries where precision and surface quality are paramount, such as automotive and aerospace. As manufacturers continue to seek solutions that improve casting quality and reduce defects, the resin-based segment is expected to experience strong growth. Innovations in bio-based resins and low-emission formulations are also likely to shape this segment as sustainability becomes increasingly prioritized.

Inorganic:

Inorganic foundry chemicals, including clays and mineral-based additives, play a crucial role in molding sand formulations. Inorganic materials are known for their thermal stability and strength, which are essential for producing high-quality castings. The growing demand for traditional casting methods and the resurgence of certain metalworking industries are driving the growth of this segment. Additionally, inorganic chemicals are often considered more environmentally friendly compared to their organic counterparts, aligning with the trends in sustainable manufacturing. The search for cost-effective solutions that do not compromise on quality is likely to fuel further interest in inorganic foundry chemicals.

Organic:

Organic foundry chemicals are increasingly being used to enhance mold and core properties, particularly in applications that require improved flexibility and adaptability. The demand for organic chemicals is rising as foundries seek to innovate and modernize their casting processes. These chemicals often offer benefits such as reduced emissions and improved worker safety compared to conventional chemicals. As sustainability continues to be a significant focus within the industry, organic foundry chemicals are expected to see greater adoption. The segment is likely to grow as manufacturers explore new formulations that meet both performance and environmental standards.

Specialty Chemicals:

Specialty chemicals encompass a wide range of formulations designed to meet specific foundry needs, from improving sand characteristics to enhancing the casting process. The increasing complexity of casting requirements and the demand for specialized solutions are driving the growth of this segment. Specialty chemicals can be tailored to enhance specific properties, such as corrosion resistance or thermal stability, making them invaluable for industries that prioritize performance. As foundries continue to push the boundaries of casting technology, the demand for specialty chemicals is expected to rise, leading to further innovation and product development within this segment. The ability to customize chemical solutions to meet unique foundry challenges will be a significant growth driver.

Others:

The 'Others' category in ingredient types encompasses various unconventional or emerging chemicals that do not fit into the primary categories but are gaining popularity in foundry applications. This might include bio-based ingredients, additives that enhance specific casting properties, or products designed for niche applications. The increasing focus on sustainability and eco-friendliness is influencing the growth of this category as foundries look for alternatives to traditional chemicals. As the industry evolves and adapts to new challenges, the demand for innovative and unconventional chemical solutions is expected to increase, providing opportunities for manufacturers to explore new markets and applications.

By Region

The North American foundry chemicals market is projected to be one of the largest and most rapidly growing in the coming years, driven by the robust demand from automotive, aerospace, and machinery manufacturing sectors. The United States, in particular, remains a significant contributor to the regional market, accounting for approximately 70% of the North American foundry chemicals demand. The ongoing investments in infrastructure development and the trend towards modernization in foundry operations are expected to spur market growth. Furthermore, the region is witnessing a shift towards sustainable practices, with an increasing emphasis on environmentally friendly chemicals, which is likely to shape the competitive landscape significantly. The North American market is forecasted to grow at a CAGR of around 4.5% during the forecast period, reflecting the increasing demand for advanced foundry solutions.

In Europe, the foundry chemicals market is anticipated to show steady growth, driven by the increasing emphasis on technological advancements and the rising demand for high-quality castings. Countries like Germany, the UK, and France are significant contributors to the European market, given their strong industrial base and focus on innovation. The expanding automotive and aerospace industries are driving the demand for specialized foundry chemicals that enhance the performance and quality of castings. Additionally, the European market is increasingly shifting towards sustainable practices, prompting manufacturers to develop eco-friendly foundry chemical formulations. The region is expected to witness a growth rate of 4.2% CAGR from 2025 to 2035, reflecting the ongoing modernization and environmental considerations in the foundry sector.

Opportunities

The foundry chemicals market presents numerous opportunities for growth and innovation, particularly in the realm of sustainability and eco-friendly practices. As industries worldwide increasingly prioritize environmental responsibility, there is a substantial demand for green chemicals that minimize emissions and reduce waste in foundry operations. Companies that focus on developing and marketing bio-based or low-VOC chemicals can capture market share and establish themselves as leaders in the sustainable foundry chemical sector. Additionally, the push towards automation and smart foundry technologies opens avenues for the development of specialized chemicals that cater to advanced casting processes, allowing manufacturers to enhance efficiency and productivity.

Furthermore, the expansion of the electric vehicle (EV) market represents a significant opportunity for foundry chemical manufacturers. As automotive manufacturers shift towards producing lighter and more efficient vehicles, the demand for advanced casting materials and chemicals will increase. Foundries that can provide innovative solutions tailored to the requirements of EV production, such as lightweight aluminum and specialty alloys, will have a competitive advantage. The integration of digital technologies and data analytics into foundry operations also presents opportunities for manufacturers to optimize chemical usage and improve product quality. Overall, the evolving landscape of the foundry industry offers significant potential for growth and development in the coming years.

Threats

The foundry chemicals market faces several threats that could impact its growth trajectory. One of the primary concerns is the volatile nature of raw material prices, which can significantly affect the manufacturing costs of foundry chemicals. Fluctuations in the prices of petrochemicals, minerals, and other essential ingredients can lead to unpredictability in pricing, making it challenging for manufacturers to maintain profit margins. Additionally, regulatory challenges related to environmental standards and chemical safety could impose stringent compliance requirements, increasing operational costs for chemical producers. Foundries that rely on conventional chemicals may face pressure to transition to more sustainable alternatives, which may require substantial investment and adaptation.

Another significant threat is the increasing competition from alternative materials and manufacturing processes. As industries explore new technologies, such as additive manufacturing (3D printing), traditional foundry methods may experience a decline in demand. The shift towards lightweight materials and composites can also threaten the demand for certain foundry chemicals, particularly if manufacturers find cost-effective alternatives. Additionally, the ongoing trend of globalization may lead to competition from emerging markets with lower production costs, putting pressure on established players. To mitigate these threats, foundry chemical manufacturers must invest in innovation and adapt to changing market dynamics.

Competitor Outlook

• BASF SE
• Huntsman Corporation
• Ferro Corporation
• Evonik Industries AG
• Momentive Performance Materials Inc.
• Wacker Chemie AG
• Kraton Corporation
• Albemarle Corporation
• LANXESS AG
• Solvay S.A.
• Kingspan Group
• Dow Chemical Company
• 3M Company
• J.M. Huber Corporation
• Brenntag AG

The competitive landscape of the foundry chemicals market is characterized by the presence of several key players who are actively engaged in product development, strategic partnerships, and sustainability initiatives. Major companies like BASF SE and Huntsman Corporation are continuously innovating their product offerings to meet the evolving demands of the foundry industry. These companies are investing heavily in research and development to create advanced chemical solutions that enhance casting performance while adhering to stringent environmental regulations. Furthermore, the trend towards mergers and acquisitions in the industry is enabling companies to expand their product portfolios and gain a competitive edge in emerging markets.

Another notable player, Evonik Industries AG, is focusing on specialty chemicals tailored for foundry applications, emphasizing the importance of performance and sustainability. Their commitment to eco-friendly practices and the development of bio-based chemicals positions them favorably in the market, appealing to environmentally conscious foundries. Similarly, Momentive Performance Materials Inc. is exploring innovative binder technologies that improve mold strength and reduce emissions, aligning with the industry's shift towards sustainable manufacturing. The competitive landscape remains dynamic as companies strive to differentiate themselves through quality, innovation, and sustainability.

Moreover, companies like Wacker Chemie AG and Dow Chemical Company are also making significant strides in the foundry chemicals market by offering comprehensive solutions that cater to various casting requirements. Their global presence and established distribution networks enable them to serve a diverse customer base effectively. As foundries increasingly seek to optimize their operations and enhance the quality of their castings, the demand for specialized chemicals will continue to grow. The competitive positioning of these key players, combined with their focus on innovation and sustainability, will shape the future of the foundry chemicals market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 3M Company
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 LANXESS AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Brenntag AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Solvay S.A.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Kingspan Group
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Wacker Chemie AG
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Ferro Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Kraton Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Dow Chemical Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Evonik Industries AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Huntsman Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Albemarle Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 J.M. Huber Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Momentive Performance Materials Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Foundry Chemicals Market, By Application
    • 6.1.1 Iron Casting
    • 6.1.2 Steel Casting
    • 6.1.3 Aluminum Casting
    • 6.1.4 Copper Casting
    • 6.1.5 Others
  • 6.2 Foundry Chemicals Market, By Product Type
    • 6.2.1 Binders
    • 6.2.2 Fluxes
    • 6.2.3 Sand Additives
    • 6.2.4 Degreasers
    • 6.2.5 Others
  • 6.3 Foundry Chemicals Market, By Ingredient Type
    • 6.3.1 Resin-based
    • 6.3.2 Inorganic
    • 6.3.3 Organic
    • 6.3.4 Specialty Chemicals
    • 6.3.5 Others
  • 6.4 Foundry Chemicals Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retailers
    • 6.4.4 Wholesalers
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Foundry Chemicals Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Foundry Chemicals market is categorized based on

By Product Type

• Binders
• Fluxes
• Sand Additives
• Degreasers
• Others

By Application

• Iron Casting
• Steel Casting
• Aluminum Casting
• Copper Casting
• Others

By Distribution Channel

• Direct Sales
• Distributors
• Online Retailers
• Wholesalers
• Others

By Ingredient Type

• Resin-based
• Inorganic
• Organic
• Specialty Chemicals
• Others

By Region

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

Key Players

• BASF SE
• Huntsman Corporation
• Ferro Corporation
• Evonik Industries AG
• Momentive Performance Materials Inc.
• Wacker Chemie AG
• Kraton Corporation
• Albemarle Corporation
• LANXESS AG
• Solvay S.A.
• Kingspan Group
• Dow Chemical Company
• 3M Company
• J.M. Huber Corporation
• Brenntag AG