Market Size of Ceramic Foundry Sand Industry
| Study Period | 2019-2029 |
| Market Size (2024) | USD 220.12 Million |
| Market Size (2029) | USD 297.5 Million |
| CAGR (2024 - 2029) | > 6.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Ceramic Foundry Sand Market Analysis
The Ceramic Foundry Sand Market size is estimated at USD 220.12 million in 2024, and is expected to reach USD 297.5 million by 2029, growing at a CAGR of greater than 6% during the forecast period (2024-2029).
The COVID-19 outbreak dealt a blow to the ceramic foundry sand market, as demand for automobiles, electrical components, and other industrial parts plummeted due to lockdown measures and strict social distancing guidelines. Consequently, the demand for ceramic foundry sand, a crucial component in the manufacturing of metallic casting parts, also declined. However, despite this temporary setback, the market is poised for steady growth, driven by the resurgent demand from the automotive industry.
The expansion of the automotive and casting industries and the benefits of ceramic foundry sand are fueling the global ceramic foundry sand market.
On the flip side, higher prices of raw materials are likely to hinder the market's growth.
The increasing demand for parts and components manufactured using ceramic sand casting from the electric vehicle manufacturing industry will likely create lucrative growth opportunities for the global market.
Asia-Pacific dominated the market across the world, with the most significant consumption from countries such as China and India.
Ceramic Foundry Sand Industry Segmentation
Ceramic foundry sand, also known as ceramsite sand or SuperSand, is an artificial sand made from bauxite, a type of aluminum ore. It is manufactured by melting bauxite in an electric arc furnace and then spraying the molten material into water or air to form spherical beads. These beads are then dried, cooled, and classified to the desired size and density.
The Ceramic Foundry Sand Market is Segmented by Application (Resin Coated Sand, Cold Box Casting, Lost Foam Casting, Facing Sand, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Report Offers Market Size and Forecasts for the Ceramic Foundry Sand Market in Value (USD) for all the Above Segments.
| Application | |
| Resin Coated Sand | |
| Cold Box Casting | |
| Low Foam Casting | |
| Facing Sand | |
| Other Applications |
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Ceramic Foundry Sand Market Size Summary
The ceramic foundry sand market is poised for significant growth over the forecast period, driven by the resurgence of demand from the automotive industry and the expansion of the casting industries. Despite the initial setback caused by the COVID-19 pandemic, which led to a decline in demand due to reduced production in sectors like automotive and electronics, the market is expected to recover and grow steadily. The increasing adoption of electric vehicles is anticipated to create lucrative opportunities for the market, as these vehicles require components that benefit from the superior molding techniques offered by ceramic foundry sand. However, the market's growth may be tempered by the rising costs of raw materials.
Asia-Pacific is the dominant region in the ceramic foundry sand market, with countries like China and India leading in consumption due to their robust automotive and construction sectors. The region's market growth is further supported by the increasing demand for high-performance automotive parts and the expansion of residential and commercial construction projects. China's significant investment in infrastructure and India's focus on affordable housing are expected to drive further demand for ceramic foundry sand. The market is characterized by a consolidated nature, with key players such as Chesapeake Specialty Products Inc., Kailin Foundry, and CARBO Ceramics Inc. playing a pivotal role in shaping its landscape.
Ceramic Foundry Sand Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand from the Foundry Industry
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1.1.2 Growing Demand from the Metal Casting Industry
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 Higher Costs Compared to Traditional Sands
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1.2.2 Stringent Environmental Regulations
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Application
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2.1.1 Resin Coated Sand
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2.1.2 Cold Box Casting
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2.1.3 Low Foam Casting
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2.1.4 Facing Sand
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2.1.5 Other Applications
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2.2 Geography
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2.2.1 Asia-Pacific
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2.2.1.1 China
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2.2.1.2 India
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2.2.1.3 Japan
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2.2.1.4 South Korea
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2.2.1.5 Indonesia
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2.2.1.6 Malaysia
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2.2.1.7 Thailand
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2.2.1.8 Vietnam
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2.2.1.9 Rest of Asia-Pacific
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2.2.2 North America
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2.2.2.1 United States
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2.2.2.2 Canada
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2.2.2.3 Mexico
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2.2.3 Europe
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2.2.3.1 Germany
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2.2.3.2 United Kingdom
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2.2.3.3 Italy
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2.2.3.4 France
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2.2.3.5 Spain
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2.2.3.6 Russia
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2.2.3.7 NORDIC Countries
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2.2.3.8 Turkey
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2.2.3.9 Rest of Europe
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Colombia
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2.2.4.4 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 Saudi Arabia
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2.2.5.2 South Africa
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2.2.5.3 Qatar
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2.2.5.4 UAE
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2.2.5.5 Egypt
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2.2.5.6 Rest of Middle-East and Africa
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Ceramic Foundry Sand Market Size FAQs
How big is the Ceramic Foundry Sand Market?
The Ceramic Foundry Sand Market size is expected to reach USD 220.12 million in 2024 and grow at a CAGR of greater than 6% to reach USD 297.5 million by 2029.
What is the current Ceramic Foundry Sand Market size?
In 2024, the Ceramic Foundry Sand Market size is expected to reach USD 220.12 million.
