Japan Resins for Foundry Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
Japan's foundry industry, integral to sectors like automotive, electronics, and construction, relies heavily on specialized resins to produce high-quality castings. These resins serve as binders, ensuring the structural integrity and precision of cast components.
Types of Resins Used in Japanese Foundries
Phenolic Resins: Widely used due to their excellent thermal stability and mechanical properties, phenolic resins are categorized into Resol and Novolac types. citeturn0search9
Epoxy Resins: Known for their superior adhesion and chemical resistance, epoxy resins are favored in applications requiring durability. citeturn0search7
Furan Resins: These resins offer high-temperature resistance and are utilized in specific casting processes.
Urethane Resins: Valued for their flexibility and impact resistance, urethane resins are chosen for applications demanding toughness.
Industry Requirements and Trends
Japanese industries demand resins that not only meet stringent quality standards but also align with sustainability goals. There's a growing emphasis on developing eco-friendly resins and recycling technologies to minimize environmental impact. This shift is driven by global trends towards sustainability and Japan's commitment to reducing plastic waste. citeturn0search11
Leading Resin Manufacturers in Japan
Japan hosts several prominent resin manufacturers that cater to the foundry sector:
Sumitomo Bakelite Company Limited: Specializes in phenolic and epoxy resins, offering products tailored for foundry applications. citeturn0search3
DIC Corporation: Provides a range of resins, including acrylics and polyurethanes, suitable for various industrial applications.
Asahi Kasei Corporation: Offers innovative resin solutions, focusing on high-performance materials for demanding applications.
Market Outlook
The Japanese resins market is projected to experience steady growth, driven by advancements in resin technologies and increasing demand from end-user industries. However, challenges such as fluctuating raw material costs and the need for continuous innovation persist. Manufacturers are focusing on research and development to introduce resins that offer enhanced performance and environmental benefits.
Conclusion
Japan's foundry industry continues to evolve, with resins playing a pivotal role in meeting the complex demands of modern manufacturing. The focus on quality, sustainability, and technological advancement ensures that Japan remains a leader in resin applications for foundries.
Get an In-Depth Research Analysis of the Japan Resins for Foundry Market Size And Forecast [2025-2032]
ASK Chemicals
Hüttenes-Albertus
Jinan Shengquan Group
Sumitomo Bakelite
Vesuvius
Suzhou Xingye Materials Technology
Metadynea
Chang Chun Group
Fenolit
Forace Group
IVP Limited
Kao Chemicals
Asahi Yukizai
Gun Ei Chemical Industry
Prefere Resins
Kolon Industries
LERG SA
Kuentek Cashew
Hindusthan Adhesive & Chemicals
Mancuso Chemicals
Resitan
Plastics Engineering Company
Anli Electronic Materials
Wuhan Lifa Chemical
Xuzhou Shengan Chemical Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Japan Resins for Foundry Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Japan Resins for Foundry Market
Furan Resins
Phenolic Resins
Urethane Resins
Silica-based Resins
Epoxy Resins
Polyurethane Resins
Cold Box Process
Shell Mold Process
Heat-setting Process
CO2 Process
Metal Casting
Non-metal Casting
Sand Core Formation
Aerospace & Defense
Automotive
Heavy Machinery
Energy & Power
Marine
Building & Construction
Art & Sculpture
3D Printing
Traditional Sand Casting
Investment Casting
Die Casting
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ Japan Resins for Foundry Market Research Analysis
1. Introduction of the Japan Resins for Foundry Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Resins for Foundry Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Resins for Foundry Market, By Type
6. Japan Resins for Foundry Market, By Application
7. Japan Resins for Foundry Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Resins for Foundry Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/