plays a vital role in metal casting operations by improving mold strength, surface finish, and overall casting quality. Foundry chemicals include binders, resins, coatings, fluxes, additives, and refractory materials that support efficient and precise casting processes across industries such as automotive, construction, machinery, and energy.

As per MRFR analysis, the Foundry Chemicals Market Size was estimated at USD 18.29 billion in 2024. The industry is projected to grow from USD 19.04 billion in 2025 to USD 28.38 billion by 2035, registering a CAGR of 4.07% during the forecast period from 2025 to 2035. This growth reflects consistent demand for high-performance casting materials and ongoing industrial development worldwide.

One of the primary drivers of market growth is the expansion of the automotive and transportation sectors. Increasing production of vehicles, especially electric and lightweight vehicles, requires precision-cast metal components, boosting the consumption of advanced foundry chemicals. Additionally, rapid urbanization and infrastructure development are driving demand for cast iron and steel products in construction and heavy machinery.

Technological advancements are also shaping the market. Foundries are increasingly adopting environmentally friendly and low-emission chemical solutions to comply with stricter environmental regulations. Innovations in resin systems, water-based coatings, and inorganic binders are improving productivity while reducing workplace hazards and emissions.

Regionally, emerging economies are witnessing strong growth due to rising manufacturing activities and investments in industrial infrastructure. Meanwhile, mature markets are focusing on process optimization, automation, and sustainable chemical formulations.

Looking ahead, the foundry chemicals market is expected to benefit from continued industrialization, demand for high-quality castings, and the shift toward sustainable manufacturing practices. These factors collectively position the market for steady and long-term growth through 2035.

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