| Product Code: ETC6181247 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia foundry chemicals market, the import trend exhibited a growth rate of 6.07% from 2023 to 2024, with a compound annual growth rate (CAGR) of 11.27% for the period 2020-2024. This upward trajectory can be attributed to a notable demand shift towards specialized chemicals, indicating a strengthening market stability and sustained import momentum during this period.
Australias foundry chemicals market supplies materials essential for metal casting processes, including binders, coatings, and additives that improve mold performance and casting quality. Market demand is closely tied to the manufacturing and automotive sectors. Innovation focuses on environmentally friendly and high-performance chemicals that comply with tightening environmental regulations. The market benefits from industrial growth and modernization efforts within the foundry industry.
Australias foundry chemicals market is evolving with an emphasis on sustainable and eco-friendly chemicals that improve casting quality and reduce emissions. Innovations focus on bio-based binders, additives, and coatings. The market is benefiting from growth in the automotive and construction sectors. Automation and digitalization in foundry processes also support demand for advanced chemical solutions.
The foundry chemicals market in Australia faces challenges related to volatile raw material prices and the need for environmentally friendly formulations. Regulatory pressures to reduce emissions and waste from foundry operations necessitate reformulation of chemicals, adding cost and complexity. The market is highly dependent on the automotive and construction industries, making it sensitive to economic cycles. Additionally, competition from imported chemicals affects local manufacturers.
The foundry chemicals market in Australia holds investment appeal due to the countrys strong mining and metal processing sectors. Increasing demand for high-performance and environmentally compliant foundry chemicals creates space for innovation. Investors can tap into opportunities for developing binder systems, coatings, and release agents that meet modern efficiency and sustainability standards.
The foundry chemicals sector is regulated under the Australian Industrial Chemicals Introduction Scheme (AICIS), which replaced NICNAS in 2020. Government policies require all chemical substances used in foundry applications to be registered and assessed for environmental and human health risks. Compliance with work safety regulations under Safe Work Australia and environmental impact guidelines from the Department of Climate Change, Energy, the Environment and Water is also mandatory.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Foundry Chemicals Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Foundry Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Foundry Chemicals Market - Industry Life Cycle |
3.4 Australia Foundry Chemicals Market - Porter's Five Forces |
3.5 Australia Foundry Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Foundry Chemicals Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Australia Foundry Chemicals Market Revenues & Volume Share, By Foundry Type, 2021 & 2031F |
3.8 Australia Foundry Chemicals Market Revenues & Volume Share, By Foundry Tool Type, 2021 & 2031F |
3.9 Australia Foundry Chemicals Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Australia Foundry Chemicals Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Foundry Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for metal castings in various industries such as automotive, construction, and aerospace. |
4.2.2 Growth in the mining and metal processing industries in Australia. |
4.2.3 Technological advancements leading to the development of innovative foundry chemicals. |
4.2.4 Environmental regulations promoting the use of eco-friendly and sustainable foundry chemicals. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Intense competition among key market players. |
4.3.3 Volatility in the global economy affecting export and import of foundry chemicals. |
4.3.4 Stringent regulations related to occupational health and safety in foundry operations. |
5 Australia Foundry Chemicals Market Trends |
6 Australia Foundry Chemicals Market, By Types |
6.1 Australia Foundry Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Foundry Chemicals Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Foundry Chemicals Market Revenues & Volume, By Benzene, 2021- 2031F |
6.1.4 Australia Foundry Chemicals Market Revenues & Volume, By Formaldehyde, 2021- 2031F |
6.1.5 Australia Foundry Chemicals Market Revenues & Volume, By Naphthalene, 2021- 2031F |
6.1.6 Australia Foundry Chemicals Market Revenues & Volume, By Phenol, 2021- 2031F |
6.1.7 Australia Foundry Chemicals Market Revenues & Volume, By Xylene, 2021- 2031F |
6.1.8 Australia Foundry Chemicals Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Foundry Chemicals Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Foundry Chemicals Market Revenues & Volume, By Blinders, 2021- 2031F |
6.2.3 Australia Foundry Chemicals Market Revenues & Volume, By Additive Agents, 2021- 2031F |
6.2.4 Australia Foundry Chemicals Market Revenues & Volume, By Coatings, 2021- 2031F |
6.2.5 Australia Foundry Chemicals Market Revenues & Volume, By Fluxes, 2021- 2031F |
6.2.6 Australia Foundry Chemicals Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Foundry Chemicals Market, By Foundry Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Foundry Chemicals Market Revenues & Volume, By Ferrous, 2021- 2031F |
6.3.3 Australia Foundry Chemicals Market Revenues & Volume, By Non-Ferrous, 2021- 2031F |
6.4 Australia Foundry Chemicals Market, By Foundry Tool Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Foundry Chemicals Market Revenues & Volume, By Showel, 2021- 2031F |
6.4.3 Australia Foundry Chemicals Market Revenues & Volume, By Trowels, 2021- 2031F |
6.4.4 Australia Foundry Chemicals Market Revenues & Volume, By Lifter, 2021- 2031F |
6.4.5 Australia Foundry Chemicals Market Revenues & Volume, By Hand Riddle, 2021- 2031F |
6.4.6 Australia Foundry Chemicals Market Revenues & Volume, By Vent Wire, 2021- 2031F |
6.4.7 Australia Foundry Chemicals Market Revenues & Volume, By Rammers, 2021- 2031F |
6.4.8 Australia Foundry Chemicals Market Revenues & Volume, By Sprue Pins and Cutters, 2021- 2031F |
6.4.9 Australia Foundry Chemicals Market Revenues & Volume, By Sprue Pins and Cutters, 2021- 2031F |
6.4.10 Australia Foundry Chemicals Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia Foundry Chemicals Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Australia Foundry Chemicals Market Revenues & Volume, By Cast Iron, 2021- 2031F |
6.5.3 Australia Foundry Chemicals Market Revenues & Volume, By Steel, 2021- 2031F |
6.5.4 Australia Foundry Chemicals Market Revenues & Volume, By Aluminium, 2021- 2031F |
6.5.5 Australia Foundry Chemicals Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Australia Foundry Chemicals Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Australia Foundry Chemicals Market Revenues & Volume, By E-Commerce, 2021- 2031F |
6.6.3 Australia Foundry Chemicals Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.6.4 Australia Foundry Chemicals Market Revenues & Volume, By B2B/Third Party Distributors, 2021- 2031F |
6.6.5 Australia Foundry Chemicals Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Foundry Chemicals Market Import-Export Trade Statistics |
7.1 Australia Foundry Chemicals Market Export to Major Countries |
7.2 Australia Foundry Chemicals Market Imports from Major Countries |
8 Australia Foundry Chemicals Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly foundry chemicals. |
8.2 Percentage of market share held by innovative product lines. |
8.3 Number of research and development initiatives focused on improving foundry chemical efficiency. |
8.4 Compliance rate with environmental regulations within the foundry industry. |
8.5 Customer satisfaction levels with the performance of foundry chemicals. |
9 Australia Foundry Chemicals Market - Opportunity Assessment |
9.1 Australia Foundry Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Foundry Chemicals Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Australia Foundry Chemicals Market Opportunity Assessment, By Foundry Type, 2021 & 2031F |
9.4 Australia Foundry Chemicals Market Opportunity Assessment, By Foundry Tool Type, 2021 & 2031F |
9.5 Australia Foundry Chemicals Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Australia Foundry Chemicals Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Foundry Chemicals Market - Competitive Landscape |
10.1 Australia Foundry Chemicals Market Revenue Share, By Companies, 2024 |
10.2 Australia Foundry Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |