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Global Casting Resin Market Report Size, Trends & Growth Opportunity, By Type (polyurethanes, Epoxy, Unsaturated Polyester, Silicon Resin), By Application (Construction, Automotive, Electronic), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.


Report ID : IR100213 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 144

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  • Global Casting Resin Market Report Size, Trends & Growth Opportunity, By Type (polyurethanes, Epoxy, Unsaturated Polyester, Silicon Resin), By Application (Construction, Automotive, Electronic), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
    Global Casting Resin Market         
    Global Casting Resin was valued at US$ 11.59 Billion in 2021, estimated to reach US$ 17.10 Billion in 2027, with a CAGR 5.35% from 2022-2027. 
    A method of plastic casting where a mold is filled with a liquid synthetic resin, which then hardens is called Casting Resin, also called as “deep-pour resin”.
    Market Drivers
    The rise in the construction of buildings is the key driving factor for the growth of the Casting Resin Market as it is used in building design, façade panels, tiles, working surfaces.
    The electronic industry growth is another important driving factor for the market as resins are used for encapsulation in the electronics industry and for circuits with fragile components.
    The growing adoption of casting resins in production of medical devices is also one of the major driving factors for the market growth.
    Market Restraints
    The Injection molding process is a restraining factor for Global Casting Resins Market growth as this is a substitute for casting resins.
    Market Segmentation
    Casting Resin Market is segmented into major 4 categories. Based on Type, the market is divided into polyurethanes, Epoxy, Unsaturated Polyester, Silicon Resin. Based on Application, the market is segmented into Construction, Automotive, Electronic. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
    Regional Analysis
    North America is anticipated to hold the largest market share in the market during the forecast period as it is the leading producer of toys & Casting resins are mostly used in the production of toys.
    Asia Pacific is expected to hold the second largest market share in the market during the forecast period owing to the presence of several toys manufacturer companies in the region.
    Market Key Players
    Some of the key players operating in Global Casting Resin Market are ASK Chemicals, HA-International, Suzhou Xingye, Jinan Shengquan, Furtenback, Vesuvius, Euskatfund, IVP, F.lli Mazzon, Asahi Yukizai.
    Industry development
    In October 2021 ASK Chemicals Group has completed the acquisition of the industrial resins business from SI Group (New York, USA). With this transaction, ASK Chemicals Group, headquartered in Hilden near Düsseldorf (Germany), is strengthening its position as a global supplier of high-performance industrial resins.
    In January 2022 Leading life sciences reagents and custom synthesis and manufacturing services company, Biosynth Carbosynth, and Jinan Shengquan Group Share-Holding Co, Ltd have announced their acquisition of Kexing Biopharmaceutical Co, Ltd’s raw material factory in Jinan, China. With this acquisition, Biosynth Carbosynth’s and Shengquan’s joint venture Carbotang expands the production capacities significantly.

    Global Casting Resin Market TOC
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Feedstock Types
    3 Executive Summary
    4 Global Casting Resin Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Casting Resin Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Casting Resin Market Share Analysis, By Type 
    5.3 Global Casting Resin Market Size and Forecast, By Type
    5.3.1 polyurethanes
    5.3.2 Epoxy
    5.3.3 Unsaturated Polyester
    5.3.4 Silicon Resin
    6 Global Casting Resin Market, By Application 
    6.1 Y-o-Y Growth Comparison, By Application 
    6.2 Global Casting Resin Market Share Analysis, By Application 
    6.3 Global Casting Resin Market Size and Forecast, By Application 
    6.3.1 Construction
    6.3.2 Automotive
    6.3.3 Electronic
    7 Global Casting Resin Market, By Region
    7.1 Global Casting Resin Market Share Analysis, By Region
    7.2 Global Casting Resin Market Share Analysis, By Region
    7.3 Global Casting Resin Market Size and Forecast, By Region
    8 North America Global Casting Resin Market Analysis and Forecast (2022 – 2027)
    8.1 Introduction
    8.2 North America Global Casting Resin Market Share Analysis, By Type
    8.3 North America Global Casting Resin Market Size and Forecast, By Application 
    8.4 North America Global Casting Resin Market Size and Forecast, By Country
    8.4.1 U.S.
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Global Casting Resin Market Analysis and Forecast (2022 – 2027)
    9.1 Introduction
    9.2 Europe Global Casting Resin Market Share Analysis, By Type 
    9.3 Europe Global Casting Resin Market Size and Forecast, By Application  
    9.4 Europe Global Casting Resin Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4. Rest of Europe
    10 Asia Pacific Global Casting Resin Market Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 Asia Pacific Global Casting Resin Market Share Analysis, By Type 
    10.3 Asia Pacific Global Casting Resin Market Size and Forecast, By Application  
    10.4 Asia Pacific Global Casting Resin Market Size and Forecast, By Country
    10.4.1 China
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Global Casting Resin Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Latin America Global Casting Resin Market Share Analysis, By Type 
    11.3 Latin America Global Casting Resin Market Size and Forecast, By Application  
    11.4 Latin America Global Casting Resin Market Size and Forecast, By Country
    11.4.1. Brazil
    11.4.2. Rest of Latin America
    12 Middle East Global Casting Resin Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Middle East Global Casting Resin Market Share Analysis, By Type 
    12.3 Middle East Global Casting Resin Market Size and Forecast, By Application  
    12.4 Middle East Global Casting Resin Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.3. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1 ASK Chemicals
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2 HA-International
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3 Suzhou Xingye
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4 Jinan Shengquan
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5 Furtenback
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6 Vesuvius
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7 Euskatfund
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8 IVP
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9 F.lli Mazzon
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10 Asahi Yukizai
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies