Foundry Resin Binder Market to Reach USD 1.7B by 2030 – Automotive Casting Demand Rises
Global Foundry Resin Binder Market demonstrates steady expansion, driven by increasing demand from the automotive and heavy machinery sectors. Valued at USD 1.2 billion in 2023, the market is projected to grow at a CAGR of 4.8%, reaching USD 1.7 billion by 2030. Foundry resin binders, crucial for metal casting processes, are witnessing heightened adoption due to their ability to enhance mold...
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