Product Code: ETC13306711 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Casting Resin Market was valued at USD 2.4 Billion in 2024 and is expected to reach USD 4.3 Billion by 2031, growing at a compound annual growth rate of 8.87% during the forecast period (2025-2031).
The global casting resin market is experiencing steady growth driven by increasing demand from various end-use industries such as automotive, construction, electronics, and aerospace. Casting resins are widely used for applications such as mold making, prototyping, and art and crafts due to their excellent mechanical properties, low shrinkage, and high durability. The market is witnessing a shift towards bio-based and sustainable casting resins to address environmental concerns. Asia-Pacific region is the largest market for casting resins, driven by rapid industrialization and infrastructure development. Key players in the market are focusing on product innovation, strategic partnerships, and acquisitions to gain a competitive edge. Overall, the global casting resin market is poised for further expansion in the coming years, supported by technological advancements and growing end-user industries.
The Global Casting Resin Market is experiencing significant growth due to the rising demand for lightweight and durable materials in various industries such as automotive, aerospace, and electronics. Key trends in the market include the increasing use of bio-based and sustainable casting resins to meet environmental regulations and consumer preferences for eco-friendly products. Additionally, technological advancements in resin formulations and manufacturing processes are driving innovation and product development in the industry. Opportunities in the market lie in the growing adoption of casting resins for 3D printing applications, as well as the expanding construction and infrastructure sectors that require high-performance materials for various applications. Overall, the Global Casting Resin Market is poised for continued growth and expansion in the coming years.
The Global Casting Resin Market faces challenges such as increasing competition from alternative materials, fluctuating raw material prices, and stringent environmental regulations. With the rise of advanced manufacturing technologies, industries are exploring new materials that offer better performance and cost-effectiveness compared to traditional casting resins. This poses a challenge for casting resin manufacturers to innovate and differentiate their products to remain competitive. Additionally, the volatility in raw material prices, particularly petrochemical-based components, impacts the overall production costs and profit margins in the market. Furthermore, strict environmental regulations regarding emissions, waste disposal, and recycling create compliance challenges for manufacturers, driving the need for sustainable practices and eco-friendly solutions in the casting resin industry.
The Global Casting Resin Market is primarily driven by the increasing demand for lightweight materials in various end-use industries such as automotive, construction, and electronics. Casting resins offer advantages such as high strength-to-weight ratio, corrosion resistance, and design flexibility, making them a preferred choice for manufacturers looking to reduce overall product weight and improve performance. Additionally, the growing trend towards sustainable and eco-friendly materials is driving the adoption of bio-based and recyclable casting resins. The expanding construction industry, especially in emerging economies, is also fueling market growth as casting resins are widely used in architectural applications for their durability and aesthetics. Overall, the market is expected to continue its upward trajectory due to these factors driving demand for casting resins globally.
Government policies related to the Global Casting Resin Market primarily focus on environmental regulations and product safety standards. Many countries have implemented regulations to restrict the use of harmful chemicals in casting resins to mitigate environmental impact and ensure consumer safety. These policies often require manufacturers to comply with specific labeling requirements, testing procedures, and disposal protocols to minimize pollution and health risks. Additionally, some governments offer incentives or subsidies to promote the adoption of sustainable and eco-friendly resin materials in the market. Overall, the regulatory landscape for casting resins is evolving towards greater sustainability and responsible manufacturing practices to meet the growing demand for environmentally-friendly products in the market.
The Global Casting Resin Market is expected to witness steady growth in the coming years, driven by increasing demand from industries such as automotive, aerospace, and electronics. The market is likely to be propelled by the growing trend of lightweight materials in manufacturing processes, as well as the rising adoption of casting resins for various applications such as prototyping, molding, and art casting. Additionally, the development of advanced casting resin formulations with improved properties such as high strength, thermal stability, and low shrinkage rates is anticipated to further boost market growth. However, factors such as fluctuating raw material prices and environmental regulations regarding the use of certain chemicals in resin formulations may pose challenges to the market expansion. Overall, the Global Casting Resin Market is poised for expansion in the foreseeable future.
In the Global Casting Resin Market, Asia is expected to lead in terms of market growth due to the rapid industrialization and increasing demand for consumer electronics in countries such as China, Japan, and South Korea. North America and Europe are projected to witness steady growth driven by the automotive and aerospace industries. The Middle East and Africa region is anticipated to experience moderate growth owing to the expanding construction sector, while Latin America is expected to show gradual growth supported by the flourishing automotive and construction industries in countries like Brazil and Mexico. Overall, the market is poised for significant growth across all regions, with Asia leading the way followed by North America and Europe.
Global Casting Resin Market |
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 Global Casting Resin Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Casting Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Global Casting Resin Market - Industry Life Cycle |
3.4 Global Casting Resin Market - Porter's Five Forces |
3.5 Global Casting Resin Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Casting Resin Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Casting Resin Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.8 Global Casting Resin Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Casting Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Casting Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Casting Resin Market Trends |
6 Global Casting Resin Market, 2021 - 2031 |
6.1 Global Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Casting Resin Market, Revenues & Volume, By Epoxy Resin, 2021 - 2031 |
6.1.3 Global Casting Resin Market, Revenues & Volume, By Polyurethane Resin, 2021 - 2031 |
6.1.4 Global Casting Resin Market, Revenues & Volume, By Polyester Resin, 2021 - 2031 |
6.1.5 Global Casting Resin Market, Revenues & Volume, By Silicone Resin, 2021 - 2031 |
6.2 Global Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Casting Resin Market, Revenues & Volume, By Vacuum Casting, 2021 - 2031 |
6.2.3 Global Casting Resin Market, Revenues & Volume, By Pressure Casting, 2021 - 2031 |
6.2.4 Global Casting Resin Market, Revenues & Volume, By Resin Transfer Molding, 2021 - 2031 |
6.2.5 Global Casting Resin Market, Revenues & Volume, By Liquid Injection Molding, 2021 - 2031 |
6.3 Global Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Casting Resin Market, Revenues & Volume, By Manufacturing Sector, 2021 - 2031 |
6.3.3 Global Casting Resin Market, Revenues & Volume, By Medical Industry, 2021 - 2031 |
6.3.4 Global Casting Resin Market, Revenues & Volume, By Consumer Goods, 2021 - 2031 |
6.3.5 Global Casting Resin Market, Revenues & Volume, By Healthcare Providers, 2021 - 2031 |
6.4 Global Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Casting Resin Market, Revenues & Volume, By Aerospace and Automotive Casting, 2021 - 2031 |
6.4.3 Global Casting Resin Market, Revenues & Volume, By Medical Device Molding, 2021 - 2031 |
6.4.4 Global Casting Resin Market, Revenues & Volume, By Electronic Appliance Enclosures, 2021 - 2031 |
6.4.5 Global Casting Resin Market, Revenues & Volume, By Prosthetics and Orthotics, 2021 - 2031 |
7 North America Casting Resin Market, Overview & Analysis |
7.1 North America Casting Resin Market Revenues & Volume, 2021 - 2031 |
7.2 North America Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Casting Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Casting Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Casting Resin Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
7.5 North America Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Casting Resin Market, Overview & Analysis |
8.1 Latin America (LATAM) Casting Resin Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Casting Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Casting Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Casting Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Casting Resin Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
8.5 Latin America (LATAM) Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Casting Resin Market, Overview & Analysis |
9.1 Asia Casting Resin Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Casting Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Casting Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Casting Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Casting Resin Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
9.5 Asia Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Casting Resin Market, Overview & Analysis |
10.1 Africa Casting Resin Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Casting Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Casting Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Casting Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Casting Resin Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
10.5 Africa Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Casting Resin Market, Overview & Analysis |
11.1 Europe Casting Resin Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Casting Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Casting Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Casting Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Casting Resin Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
11.5 Europe Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Casting Resin Market, Overview & Analysis |
12.1 Middle East Casting Resin Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Casting Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Casting Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Casting Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Casting Resin Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Casting Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Casting Resin Market, Revenues & Volume, By Technology Type, 2021 - 2031 |
12.5 Middle East Casting Resin Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Casting Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Casting Resin Market Key Performance Indicators |
14 Global Casting Resin Market - Export/Import By Countries Assessment |
15 Global Casting Resin Market - Opportunity Assessment |
15.1 Global Casting Resin Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Casting Resin Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Casting Resin Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
15.4 Global Casting Resin Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Casting Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Casting Resin Market - Competitive Landscape |
16.1 Global Casting Resin Market Revenue Share, By Companies, 2024 |
16.2 Global Casting Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |