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Global Resin-coated Sand (RCS) Market Research Report 2024(Status and Outlook)

Global Resin-coated Sand (RCS) Market Research Report 2024(Status and Outlook)

  • Published on : 06 December 2024
  • Pages :142
  • Report Code:SMR-8021783

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Report overview

The "Global Resin-coated Sand Market" size was valued at US$ 456.7 million in 2024 and is projected to reach US$ 633.3 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

The "United States Resin-coated Sand Market" size was valued at US$ 134.5 million in 2024 and is projected to reach US$ 182.3 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.

Resin-Coated Sand (RCS) is a high-performance casting material used in foundry applications. It consists of silica sand coated with a layer of synthetic resin, which acts as a binder. RCS is widely used in shell molding and core-making processes, providing enhanced dimensional accuracy, superior surface finish, and high thermal stability. Its resin coating enables controlled curing and improved strength during the casting process, making it ideal for complex and intricate metal castings.

The global Resin-coated Sand market is growing moderately, driven by foundry industry demands and oil/gas sector requirements. In 2023, total production reached 2.5 million metric tons, with foundry applications accounting for 65% of demand. The hot coating segment is the fastest-growing at 6.2% annually. The market saw a 15% increase in demand for low-emission formulations in 2023, reflecting environmental regulations. Phenolic resin coated sand dominates with a 70% market share, while furan resin coated sand is growing at 5% annually. Asia Pacific leads with a 45% market share, while North America is the fastest-growing region at 6.0% CAGR. The industry is focusing on developing environmentally friendly coatings, with a 20% growth in R&D investments for sustainable solutions.

Report Overview
Resin coated sand is a method in foundry practices and produces a casting of high precise dimensions, smooth surface, free of blow holes and devoid of casting defects. It is one of the best moulding sands for cars, tractors and hydraulic parts.

Resin-coated Sand Market provides a deep insight into the global Resin-coated Sand (RCS) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Resin-coated Sand (RCS) Market, Resin-coated Sand Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Resin-coated Sand Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Resin-coated Sand (RCS) market in any manner.

Global Resin-coated Sand (RCS) Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • Sibelco
  • HA-International
  • Western Foundry Products
  • Kore Mart Limited
  • Samarth Magna Group
  • Asahi Yukizai
  • Yamakawa Sangyo
  • Chin Chang Silica Sand
  • Asahi Modi Materials
  • Laxmi Shell Industries
  • Covia Metals and Foundry Solutions
  • U.S. Silica
  • Hi-Crush Partners
  • Preferred Sands
  • Jiangsu Minjiang Mining Industry
  • Lianxin Casting Sand Group
  • Ningbo Tianyang Technology
  • Beijing Qisintal New Material

By Type

  • Less than 30 mesh
  • 30-50 mesh
  • 50-70 mesh
  • More than 70 mesh

By Application

  • Heat-resistant Casting Resin Casting
  • Hot Box Resin Casting
  • Cold Box Resin Casting
  • Furan Resin Casting

Geographic Segmentation

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Resin-coated Sand (RCS) Market
  • Overview of the regional outlook of the Resin-coated Sand (RCS) Market:

Key Reasons to Buy this Report:

  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter