United States Foundry Coating 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 7.1% from 2024 to 2030.
The US foundry coating market plays a critical role in ensuring the quality and durability of castings. Foundry coatings are used to improve the surface finish of metal castings, protect molds from damage, and enhance the overall performance of cast metals. This market has gained significant attention from industries ranging from automotive to aerospace due to the increasing demand for high-performance, precision-engineered components. In the US, the foundry coating market has expanded considerably due to the need for advanced materials that can withstand the rigors of manufacturing processes such as casting, molding, and die-casting.
Industries rely heavily on foundry coatings to reduce defects such as casting porosity, shrinkage, and cracking. These coatings are applied to molds and cores to prevent metal from sticking, to improve mold strength, and to optimize the surface finish of the final product. Among the various types of foundry coatings, water-based coatings are gaining popularity due to their eco-friendly properties and compliance with environmental regulations. These coatings offer high precision and reduce the emission of harmful gases during production. Additionally, the growth of the aerospace and automotive industries is fueling the demand for high-performance coatings that can handle the challenges of complex geometries and high-temperature environments.
One of the key drivers in the foundry coating market is the increasing demand for lightweight and durable castings. Automotive manufacturers, for example, are striving to produce lighter vehicles with improved fuel efficiency, which requires precision castings. Similarly, the aerospace industry demands coatings that can enhance the performance of high-precision parts used in engines and structural components. As a result, the foundry coating market is evolving with the continuous development of innovative solutions that meet the specific needs of these demanding industries.
The market is also influenced by the rising trend of automation in foundries. As more foundries adopt automated casting processes, there is a growing need for coatings that can maintain their effectiveness in high-speed, high-precision environments. This shift toward automation is driving the demand for advanced foundry coatings that provide superior performance and quality control.
Overall, the US foundry coating market is poised for continued growth as industries push for more efficient, sustainable, and high-performance coatings. With the demand for advanced castings on the rise, foundry coatings are becoming indispensable to ensure the optimal performance of metal products across various sectors.
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IVP LIMITED
REFCOTEC
Southeastern Foundry Products & Foundry Coatings
ASK Chemicals GmbH
Asbury Carbons
HA International
Steelage Refractories Private Limited
Polytrade
FREEMAN (JAPAN)
Fincast Foundry Flux
Jinan Shengquan
Xiangyang Juli High Technology Material
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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.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Foundry Coating Market
Water-Borne Coatings
Solvent-Borne Coatings
Powder Coatings
Thermosetting Coatings
Thermoplastic Coatings
Spray Coating
Dipping
Brushing
Electrostatic Coating
Roll Coating
Aerospace
Automotive
Construction
Marine
Consumer Electronics
Metal
Plastic
Glass
Ceramic
Composite Materials
Corrosion Resistance
Heat Resistance
Electrical Insulation
Anti-Fouling
Aesthetic Properties
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Foundry Coating 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. US Foundry Coating Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Foundry Coating Market, By Type
6. US Foundry Coating Market, By Application
7. US Foundry Coating Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Foundry Coating Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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