FURAN RESIN MARKET

INTRODUCTION

The term "furan resin" refers to polymers made from several furan compounds, the two most popular of which are furfuryl alcohol and furfural as starting ingredients. The furan rings are not conjugated together in the resin or the dried polyfurfuryl. For sand castings, the resins are typically employed as binders.

Furan resins are mostly utilized as chemically resistant binders and cements, such as for foundry products. In addition, binders for explosives, wood adhesives, fiber composites, and various impregnating and coating compositions for demanding applications are used. Many compounds with cardiovascular properties have the furan ring system as their fundamental structural framework.  

FURAN RESIN MARKET SIZE AND FORECAST

The Global Furan resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

FURAN RESIN MARKET NEW PRODUCT LAUNCH

SI Group South Africa has teamed up with its international partners HA (Hutten's-Albertus) to improve the working and environmental conditions in the foundries as part of a significant effort to cut emissions. The new furan resin systems from HA have been created and are being used in foundries all over the world.

Locally, SI Group HA is presently working to introduce the most recent resins systems. High-performance system delivering greater strengths at the same levels of resin and catalyst addition Lower Sulphur content catalysts are needed because resin is more reactive and has a lower Sulphur content. reduced casting fume

reduced Sulphur buildup in recycled sand while taking advantage of catalysts with lower Sulphur contents. Sulphur flaws and scrap castings are less likely with nitrogen-free resin.

suitable for all metals, including steel, SG iron, and others improved bench life/strip time ratio due to quicker production processes and mold curing improved flow and wetting properties that increase the effectiveness of combining resin and activator. This quality significantly lowers the price of blended sand.

Costs of competitive mixed sand Because hybrid formulation is less expensive, it can save money for the foundry sector. All laboratory research has been supported by foundry trials, which have led to the formal launch of the new resin system, which is now accessible to the South African foundry market.

FURAN RESIN MARKET COMPANY PROFILE

• Novasyn Organics
• SolvChem
• DynaChem
• NeuChem
• PennAKem

THIS FURAN RESIN MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Furan resin are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Furan resin and key vendor selection criteria
3. Where is the Furan resin manufactured? What is the average margin per unit?
4. Market share of Global Furan resin market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Furan resin in-house
6. key predictions for next 5 years in Global Furan resin market
7. Average B-2-B Furan resin market price in all segments
8. Latest trends in Furan resin market, by every market segment
9. The market size (both volume and value) of the Furan resin market in 2024-2030 and every year in between?
10. Production breakup of Furan resin market, by suppliers and their OEM relationship