Global Phenolic Urethane No-Bake Resin Supply, Demand and Key Producers, 2026-2032

September 2026 | 127 pages | ID: G78918D20A0AEN
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The global Phenolic Urethane No-Bake Resin market size is expected to reach $ 315 million by 2032, rising at a market growth of 3.8% CAGR during the forecast period (2026-2032).

Phenolic urethane no-bake (PUNB) resin is an organic binder system used for the production of foundry sand molds and cores that hardens at ambient temperature. Rather than a single resin, it is typically a three-component system comprising a phenolic resin, a polyisocyanate, and a liquid amine catalyst; however, some commercial products are supplied as a two-component system with the catalyst pre-mixed. After mixing with sand, a polyurethane reaction occurs between the hydroxyl groups of the phenolic resin and the isocyanate groups, forming a cross-linked urethane structure that bonds the sand grains together; the mixture hardens spontaneously at room temperature without the need for heating, baking, or the introduction of a curing gas. Primarily used in the production of sand molds and cores for cast iron, cast steel, and non-ferrous alloy castings, this product features adjustable curing speeds, high early strength, good dimensional accuracy, easy shake-out, and sand reclaimability.

Key Findings

  • Phenolic Urethane No-Bake Resin is primarily supplied as a coordinated three-component ambient-curing binder system
  • Fast-curing products have stripping times of no more than 10 minutes under the report’s standardized classification
  • Iron and steel castings form the principal application base, followed by non-ferrous alloy castings
  • Balanced and unbalanced systems serve different metering, strength, emissions and collapsibility requirements
  • Low-VOC, low-odor and lower-addition formulations represent the principal direction of product upgrading

Market Trends

Phenolic Urethane No-Bake Resin is evolving from conventional fast-curing products toward complete binder packages that balance productivity, process tolerance and environmental performance. Product development increasingly focuses on reducing aromatic solvents, VOC emissions, odor, smoke, free phenol and free formaldehyde while maintaining rapid through-curing, tensile strength and erosion resistance. Foundries are also placing greater emphasis on the balance between working time and stripping time. Commercial portfolios are consequently expanding toward long-working-time, hot-sand-compatible, low-temperature-stable, moisture-resistant and specialty-sand grades. Higher resin activity and more uniform curing support lower binder addition, reducing chemical consumption, gas evolution and organic residues in reclaimed sand.

Market Dynamics

Drivers

Demand is supported by foundries seeking shorter mold-production cycles, higher line productivity and more consistent casting quality. Phenolic Urethane No-Bake Resin develops handling and stripping strength rapidly at ambient temperature and allows curing behavior to be adjusted through catalyst selection and dosage. Its suitability for manual molding, semi-automated production and continuous no-bake lines broadens the addressable market. High tensile strength and resistance to molten-metal erosion help maintain mold integrity and reduce sand-related defects, rework and finishing costs. Compatibility with silica sand, reclaimed sand and selected specialty aggregates also supports wider adoption across iron, steel and non-ferrous foundries.

Restraints

The system depends on phenolic resin, polyisocyanates, organic solvents and amine catalysts, exposing production costs to several chemical feedstocks and increasing storage, handling and occupational-safety requirements. Curing performance is sensitive to sand temperature, moisture, reclaimed-sand quality, ambient humidity, component ratio and dosing accuracy. Excessively rapid curing reduces the effective molding window, while insufficient strength development delays stripping and lowers production efficiency. Conventional solvent-containing systems may also generate odor, VOCs and smoke during mixing, pouring, cooling and shakeout, increasing ventilation, environmental-compliance and formulation-development costs.

Opportunities

The most attractive opportunities lie in low-VOC, low-odor, low-aromatic and low-free-phenol or formaldehyde systems that improve workplace conditions without requiring major changes to existing no-bake equipment. Higher-activity formulations that achieve required strength at lower binder addition can reduce material consumption, gas evolution and residual organics in reclaimed sand. Long-working-time grades offer potential in large and complex steel molds, while moisture-resistant, hot-sand and low-temperature products address production variability across different climates and reclamation conditions. Specialty formulations for ceramic sand, chromite sand and non-ferrous alloys provide additional opportunities in higher-value casting applications.

Challenges

The principal challenge is balancing working time, stripping time, early strength, final strength, collapsibility, emissions and reclaimed-sand performance within one coordinated system. A formulation proven with new silica sand may perform differently with reclaimed sand or specialty aggregates, requiring customer-specific trials and catalyst adjustment. The market also faces competition from furan no-bake resin, ester-cured alkaline phenolic resin, alkyd urethane resin and inorganic binder systems. Manufacturers must therefore maintain consistent quality across all coordinated components while providing reliable local supply and rapid technical support.

Industry Chain Analysis

The upstream industry includes phenol, formaldehyde and modifiers for benzyl ether phenolic resin production, MDI-based polyisocyanates, organic solvents, tertiary-amine catalysts and functional additives. Resin composition determines viscosity, sand wetting, reactivity and storage stability; the polyisocyanate component controls urethane crosslinking and strength development; and the catalyst regulates working and stripping time. The midstream segment covers resin synthesis, isocyanate formulation, catalyst production, blending, quality control, packaging and application engineering. Downstream customers are foundries serving automotive, machinery, pumps and valves, energy equipment, mining equipment and general engineering. Value creation depends on stable curing, lower binder addition, defect reduction, technical service and lower total cost per acceptable casting.

Segment Insights

Under the report’s standardized stripping-time classification, fast-curing products have stripping times of no more than 10 minutes, standard-curing products range from more than 10 to 30 minutes, and slow-curing products exceed 30 minutes. Fast-curing grades are mainly used in repetitive molding and automated lines, standard-curing products serve the broadest range of conventional foundry operations, and slow-curing grades provide longer filling, compaction and assembly windows for large or complex molds. Actual performance must be compared under consistent sand type, sand temperature, binder addition, component ratio and catalyst dosage.

By resin component ratio, the market is divided into balanced and unbalanced systems. Balanced systems generally use similar addition levels for the phenolic resin and polyisocyanate components, simplifying metering and process control. Unbalanced systems use different component proportions to optimize strength development, emissions, collapsibility, cost or compatibility with specific sands and alloys. Both require matched catalyst packages and are evaluated as complete binder systems rather than independent chemical components.

Downstream Market Opportunities

Iron castings provide the broadest recurring demand for Phenolic Urethane No-Bake Resin, particularly in machinery, automotive components, pumps, valves and general engineering products. Steel foundries represent an important value-oriented segment because medium and large castings require high mold strength, erosion resistance, dimensional stability and sufficient assembly time. Non-ferrous alloy foundries place greater emphasis on rapid curing, surface quality, low odor and easy shakeout, creating opportunities for dedicated aluminium and copper-alloy grades. Across all applications, demand is moving toward systems that maintain strength at lower binder addition and improve reclaimed-sand economics.

Regional Insights

Asia represents the principal volume market, supported by its extensive iron, steel and non-ferrous casting production base. China combines large downstream demand with established domestic resin manufacturing and a market ranging from cost-oriented general grades to low-emission and specialty-sand products. Japan emphasizes process consistency and high casting quality, while India continues to expand its domestic and export-oriented foundry supply chain. North America is a mature market with strong demand for predictable process control, technical service and lower-emission formulations. Europe is more strongly influenced by environmental compliance, energy costs and productivity improvement, while Türkiye serves as an important regional production and export base.

Competitive Landscape Analysis

The Phenolic Urethane No-Bake Resin market combines multinational foundry-chemical groups with national and regional specialists. ASK Chemicals, HA Group and Vesuvius compete through broad no-bake portfolios, international supply capability and technical-service networks. ASAHI YUKIZAI maintains an established position in quality-sensitive Asian applications, while Mancuso Chemicals, Çukurova Kimya, Forace Polymers and IVP Limited emphasize regional manufacturing and specialized formulations. In China, Shengquan Group and Suzhou Xingye Materials Technology benefit from broader foundry-material portfolios, whereas Liaoning Xinda Casting Technology and Changle Hengchang Chemical compete through localized supply, curing-time adjustment and customized technical service.

Report Scope

This report studies the global Phenolic Urethane No-Bake Resin production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Phenolic Urethane No-Bake Resin and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Phenolic Urethane No-Bake Resin that contribute to its increasing demand across many markets.

Highlights and key features of the study

  • Global Phenolic Urethane No-Bake Resin total production and demand, 2021-2032, (Tons)
  • Global Phenolic Urethane No-Bake Resin total production value, 2021-2032, (USD Million)
  • Global Phenolic Urethane No-Bake Resin production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
  • Global Phenolic Urethane No-Bake Resin consumption by region & country, CAGR, 2021-2032 & (Tons)
  • U.S. VS China: Phenolic Urethane No-Bake Resin domestic production, consumption, key domestic manufacturers and share
  • Global Phenolic Urethane No-Bake Resin production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
  • Global Phenolic Urethane No-Bake Resin production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
  • Global Phenolic Urethane No-Bake Resin production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Phenolic Urethane No-Bake Resin market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ASK Chemicals, HA Group, Vesuvius, ASAHI YUKIZAI, Forace Polymers, Mancuso Chemicals, IVP Limited, Çukurova Kimya, Shengquan Group, Suzhou Xingye Materials Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Phenolic Urethane No-Bake Resin market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Phenolic Urethane No-Bake Resin Market, By Region:

  • United States
  • China
  • Europe
  • Japan
  • South Korea
  • ASEAN
  • India
  • Rest of World

Market Segmentation

Global Phenolic Urethane No-Bake Resin Market, Segmentation by Type:

  • Fast-curing Type (≤10 min)
  • Standard-curing Type (>10–30 min)
  • Slow-curing Type (>30 min)

Global Phenolic Urethane No-Bake Resin Market, Segmentation by Resin Component Ratio:

  • Balanced Type
  • Unbalanced Type

Global Phenolic Urethane No-Bake Resin Market, Segmentation by Application:

  • Steel Castings
  • Iron Castings
  • Non-ferrous Alloy Castings

Companies Profiled:

  • ASK Chemicals
  • HA Group
  • Vesuvius
  • ASAHI YUKIZAI
  • Forace Polymers
  • Mancuso Chemicals
  • IVP Limited
  • Çukurova Kimya
  • Shengquan Group
  • Suzhou Xingye Materials Technology
  • Liaoning Xinda Casting Technology
  • Changle Hengchang Chemical

Key Questions Answered

1. How big is the global Phenolic Urethane No-Bake Resin market?
2. What is the demand of the global Phenolic Urethane No-Bake Resin market?
3. What is the year over year growth of the global Phenolic Urethane No-Bake Resin market?
4. What is the total value of the global Phenolic Urethane No-Bake Resin market?
5. Who are the Major Players in the global Phenolic Urethane No-Bake Resin market?
6. What are the growth factors driving the market demand?
1 SUPPLY SUMMARY

1.1 Phenolic Urethane No-Bake Resin Introduction
1.2 World Phenolic Urethane No-Bake Resin Supply & Forecast
  1.2.1 World Phenolic Urethane No-Bake Resin Production Value (2021 & 2025 & 2032)
  1.2.2 World Phenolic Urethane No-Bake Resin Production (2021-2032)
  1.2.3 World Phenolic Urethane No-Bake Resin Pricing Trends (2021-2032)
1.3 World Phenolic Urethane No-Bake Resin Production by Region (Based on Production Site)
  1.3.1 World Phenolic Urethane No-Bake Resin Production Value by Region (2021-2032)
  1.3.2 World Phenolic Urethane No-Bake Resin Production by Region (2021-2032)
  1.3.3 World Phenolic Urethane No-Bake Resin Average Price by Region (2021-2032)
  1.3.4 North America Phenolic Urethane No-Bake Resin Production (2021-2032)
  1.3.5 Europe Phenolic Urethane No-Bake Resin Production (2021-2032)
  1.3.6 China Phenolic Urethane No-Bake Resin Production (2021-2032)
  1.3.7 Japan Phenolic Urethane No-Bake Resin Production (2021-2032)
  1.3.8 India Phenolic Urethane No-Bake Resin Production (2021-2032)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Phenolic Urethane No-Bake Resin Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Phenolic Urethane No-Bake Resin Major Market Trends

2 DEMAND SUMMARY

2.1 World Phenolic Urethane No-Bake Resin Demand (2021-2032)
2.2 World Phenolic Urethane No-Bake Resin Consumption by Region
  2.2.1 World Phenolic Urethane No-Bake Resin Consumption by Region (2021-2026)
  2.2.2 World Phenolic Urethane No-Bake Resin Consumption Forecast by Region (2027-2032)
2.3 United States Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.4 China Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.5 Europe Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.6 Japan Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.7 South Korea Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.8 ASEAN Phenolic Urethane No-Bake Resin Consumption (2021-2032)
2.9 India Phenolic Urethane No-Bake Resin Consumption (2021-2032)

3 WORLD MANUFACTURERS COMPETITIVE ANALYSIS

3.1 World Phenolic Urethane No-Bake Resin Production Value by Manufacturer (2021-2026)
3.2 World Phenolic Urethane No-Bake Resin Production by Manufacturer (2021-2026)
3.3 World Phenolic Urethane No-Bake Resin Average Price by Manufacturer (2021-2026)
3.4 Phenolic Urethane No-Bake Resin Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
  3.5.1 Global Phenolic Urethane No-Bake Resin Industry Rank of Major Manufacturers
  3.5.2 Global Concentration Ratios (CR4) for Phenolic Urethane No-Bake Resin in 2025
  3.5.3 Global Concentration Ratios (CR8) for Phenolic Urethane No-Bake Resin in 2025
3.6 Phenolic Urethane No-Bake Resin Market: Overall Company Footprint Analysis
  3.6.1 Phenolic Urethane No-Bake Resin Market: Region Footprint
  3.6.2 Phenolic Urethane No-Bake Resin Market: Company Product Type Footprint
  3.6.3 Phenolic Urethane No-Bake Resin Market: Company Product Application Footprint
3.7 Competitive Environment
  3.7.1 Historical Structure of the Industry
  3.7.2 Barriers of Market Entry
  3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 UNITED STATES VS CHINA VS REST OF THE WORLD

4.1 United States VS China: Phenolic Urethane No-Bake Resin Production Value Comparison
  4.1.1 United States VS China: Phenolic Urethane No-Bake Resin Production Value Comparison (2021 & 2025 & 2032)
  4.1.2 United States VS China: Phenolic Urethane No-Bake Resin Production Value Market Share Comparison (2021 & 2025 & 2032)
4.2 United States VS China: Phenolic Urethane No-Bake Resin Production Comparison
  4.2.1 United States VS China: Phenolic Urethane No-Bake Resin Production Comparison (2021 & 2025 & 2032)
  4.2.2 United States VS China: Phenolic Urethane No-Bake Resin Production Market Share Comparison (2021 & 2025 & 2032)
4.3 United States VS China: Phenolic Urethane No-Bake Resin Consumption Comparison
  4.3.1 United States VS China: Phenolic Urethane No-Bake Resin Consumption Comparison (2021 & 2025 & 2032)
  4.3.2 United States VS China: Phenolic Urethane No-Bake Resin Consumption Market Share Comparison (2021 & 2025 & 2032)
4.4 United States Based Phenolic Urethane No-Bake Resin Manufacturers and Market Share, 2021-2026
  4.4.1 United States Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (States, Country)
  4.4.2 United States Based Manufacturers Phenolic Urethane No-Bake Resin Production Value (2021-2026)
  4.4.3 United States Based Manufacturers Phenolic Urethane No-Bake Resin Production (2021-2026)
4.5 China Based Phenolic Urethane No-Bake Resin Manufacturers and Market Share
  4.5.1 China Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (Province, Country)
  4.5.2 China Based Manufacturers Phenolic Urethane No-Bake Resin Production Value (2021-2026)
  4.5.3 China Based Manufacturers Phenolic Urethane No-Bake Resin Production (2021-2026)
4.6 Rest of World Based Phenolic Urethane No-Bake Resin Manufacturers and Market Share, 2021-2026
  4.6.1 Rest of World Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (State, Country)
  4.6.2 Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production Value (2021-2026)
  4.6.3 Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production (2021-2026)

5 MARKET ANALYSIS BY TYPE

5.1 World Phenolic Urethane No-Bake Resin Market Size Overview by Type: 2021 VS 2025 VS 2032
5.2 Segment Introduction by Type
  5.2.1 Fast-curing Type (≤10 min)
  5.2.2 Standard-curing Type (>10–30 min)
  5.2.3 Slow-curing Type (>30 min)
5.3 Market Segment by Type
  5.3.1 World Phenolic Urethane No-Bake Resin Production by Type (2021-2032)
  5.3.2 World Phenolic Urethane No-Bake Resin Production Value by Type (2021-2032)
  5.3.3 World Phenolic Urethane No-Bake Resin Average Price by Type (2021-2032)

6 MARKET ANALYSIS BY RESIN COMPONENT RATIO

6.1 World Phenolic Urethane No-Bake Resin Market Size Overview by Resin Component Ratio: 2021 VS 2025 VS 2032
6.2 Segment Introduction by Resin Component Ratio
  6.2.1 Balanced Type
  6.2.2 Unbalanced Type
6.3 Market Segment by Resin Component Ratio
  6.3.1 World Phenolic Urethane No-Bake Resin Production by Resin Component Ratio (2021-2032)
  6.3.2 World Phenolic Urethane No-Bake Resin Production Value by Resin Component Ratio (2021-2032)
  6.3.3 World Phenolic Urethane No-Bake Resin Average Price by Resin Component Ratio (2021-2032)

7 MARKET ANALYSIS BY APPLICATION

7.1 World Phenolic Urethane No-Bake Resin Market Size Overview by Application: 2021 VS 2025 VS 2032
7.2 Segment Introduction by Application
  7.2.1 Steel Castings
  7.2.2 Iron Castings
  7.2.3 Non-ferrous Alloy Castings
7.3 Market Segment by Application
  7.3.1 World Phenolic Urethane No-Bake Resin Production by Application (2021-2032)
  7.3.2 World Phenolic Urethane No-Bake Resin Production Value by Application (2021-2032)
  7.3.3 World Phenolic Urethane No-Bake Resin Average Price by Application (2021-2032)

8 COMPANY PROFILES

8.1 ASK Chemicals
  8.1.1 ASK Chemicals Details
  8.1.2 ASK Chemicals Major Business
  8.1.3 ASK Chemicals Phenolic Urethane No-Bake Resin Product and Services
  8.1.4 ASK Chemicals Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.1.5 ASK Chemicals Recent Developments/Updates
  8.1.6 ASK Chemicals Competitive Strengths & Weaknesses
8.2 HA Group
  8.2.1 HA Group Details
  8.2.2 HA Group Major Business
  8.2.3 HA Group Phenolic Urethane No-Bake Resin Product and Services
  8.2.4 HA Group Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.2.5 HA Group Recent Developments/Updates
  8.2.6 HA Group Competitive Strengths & Weaknesses
8.3 Vesuvius
  8.3.1 Vesuvius Details
  8.3.2 Vesuvius Major Business
  8.3.3 Vesuvius Phenolic Urethane No-Bake Resin Product and Services
  8.3.4 Vesuvius Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.3.5 Vesuvius Recent Developments/Updates
  8.3.6 Vesuvius Competitive Strengths & Weaknesses
8.4 ASAHI YUKIZAI
  8.4.1 ASAHI YUKIZAI Details
  8.4.2 ASAHI YUKIZAI Major Business
  8.4.3 ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Product and Services
  8.4.4 ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.4.5 ASAHI YUKIZAI Recent Developments/Updates
  8.4.6 ASAHI YUKIZAI Competitive Strengths & Weaknesses
8.5 Forace Polymers
  8.5.1 Forace Polymers Details
  8.5.2 Forace Polymers Major Business
  8.5.3 Forace Polymers Phenolic Urethane No-Bake Resin Product and Services
  8.5.4 Forace Polymers Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.5.5 Forace Polymers Recent Developments/Updates
  8.5.6 Forace Polymers Competitive Strengths & Weaknesses
8.6 Mancuso Chemicals
  8.6.1 Mancuso Chemicals Details
  8.6.2 Mancuso Chemicals Major Business
  8.6.3 Mancuso Chemicals Phenolic Urethane No-Bake Resin Product and Services
  8.6.4 Mancuso Chemicals Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.6.5 Mancuso Chemicals Recent Developments/Updates
  8.6.6 Mancuso Chemicals Competitive Strengths & Weaknesses
8.7 IVP Limited
  8.7.1 IVP Limited Details
  8.7.2 IVP Limited Major Business
  8.7.3 IVP Limited Phenolic Urethane No-Bake Resin Product and Services
  8.7.4 IVP Limited Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.7.5 IVP Limited Recent Developments/Updates
  8.7.6 IVP Limited Competitive Strengths & Weaknesses
8.8 Çukurova Kimya
  8.8.1 Çukurova Kimya Details
  8.8.2 Çukurova Kimya Major Business
  8.8.3 Çukurova Kimya Phenolic Urethane No-Bake Resin Product and Services
  8.8.4 Çukurova Kimya Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.8.5 Çukurova Kimya Recent Developments/Updates
  8.8.6 Çukurova Kimya Competitive Strengths & Weaknesses
8.9 Shengquan Group
  8.9.1 Shengquan Group Details
  8.9.2 Shengquan Group Major Business
  8.9.3 Shengquan Group Phenolic Urethane No-Bake Resin Product and Services
  8.9.4 Shengquan Group Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.9.5 Shengquan Group Recent Developments/Updates
  8.9.6 Shengquan Group Competitive Strengths & Weaknesses
8.10 Suzhou Xingye Materials Technology
  8.10.1 Suzhou Xingye Materials Technology Details
  8.10.2 Suzhou Xingye Materials Technology Major Business
  8.10.3 Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Product and Services
  8.10.4 Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.10.5 Suzhou Xingye Materials Technology Recent Developments/Updates
  8.10.6 Suzhou Xingye Materials Technology Competitive Strengths & Weaknesses
8.11 Liaoning Xinda Casting Technology
  8.11.1 Liaoning Xinda Casting Technology Details
  8.11.2 Liaoning Xinda Casting Technology Major Business
  8.11.3 Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Product and Services
  8.11.4 Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.11.5 Liaoning Xinda Casting Technology Recent Developments/Updates
  8.11.6 Liaoning Xinda Casting Technology Competitive Strengths & Weaknesses
8.12 Changle Hengchang Chemical
  8.12.1 Changle Hengchang Chemical Details
  8.12.2 Changle Hengchang Chemical Major Business
  8.12.3 Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Product and Services
  8.12.4 Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Production, Price, Value, Gross Margin and Market Share (2021-2026)
  8.12.5 Changle Hengchang Chemical Recent Developments/Updates
  8.12.6 Changle Hengchang Chemical Competitive Strengths & Weaknesses

9 INDUSTRY CHAIN ANALYSIS

9.1 Phenolic Urethane No-Bake Resin Industry Chain
9.2 Phenolic Urethane No-Bake Resin Upstream Analysis
  9.2.1 Phenolic Urethane No-Bake Resin Core Raw Materials
  9.2.2 Main Manufacturers of Phenolic Urethane No-Bake Resin Core Raw Materials
9.3 Midstream Analysis
9.4 Downstream Analysis
9.5 Phenolic Urethane No-Bake Resin Production Mode
9.6 Phenolic Urethane No-Bake Resin Procurement Model
9.7 Phenolic Urethane No-Bake Resin Industry Sales Model and Sales Channels
  9.7.1 Phenolic Urethane No-Bake Resin Sales Model
  9.7.2 Phenolic Urethane No-Bake Resin Typical Distributors

10 RESEARCH FINDINGS AND CONCLUSION

11 APPENDIX

11.1 Methodology
11.2 Research Process and Data Source
11.3 Disclaimer
LIST OF TABLES

Table 1. World Phenolic Urethane No-Bake Resin Production Value by Region (2021, 2025 and 2032) & (USD Million)
Table 2. World Phenolic Urethane No-Bake Resin Production Value by Region (2021-2026) & (USD Million)
Table 3. World Phenolic Urethane No-Bake Resin Production Value by Region (2027-2032) & (USD Million)
Table 4. World Phenolic Urethane No-Bake Resin Production Value Market Share by Region (2021-2026)
Table 5. World Phenolic Urethane No-Bake Resin Production Value Market Share by Region (2027-2032)
Table 6. World Phenolic Urethane No-Bake Resin Production by Region (2021-2026) & (Tons)
Table 7. World Phenolic Urethane No-Bake Resin Production by Region (2027-2032) & (Tons)
Table 8. World Phenolic Urethane No-Bake Resin Production Market Share by Region (2021-2026)
Table 9. World Phenolic Urethane No-Bake Resin Production Market Share by Region (2027-2032)
Table 10. World Phenolic Urethane No-Bake Resin Average Price by Region (2021-2026) & (US$/Ton)
Table 11. World Phenolic Urethane No-Bake Resin Average Price by Region (2027-2032) & (US$/Ton)
Table 12. Phenolic Urethane No-Bake Resin Major Market Trends
Table 13. World Phenolic Urethane No-Bake Resin Consumption Growth Rate Forecast by Region (2021 & 2025 & 2032) & (Tons)
Table 14. World Phenolic Urethane No-Bake Resin Consumption by Region (2021-2026) & (Tons)
Table 15. World Phenolic Urethane No-Bake Resin Consumption Forecast by Region (2027-2032) & (Tons)
Table 16. World Phenolic Urethane No-Bake Resin Production Value by Manufacturer (2021-2026) & (USD Million)
Table 17. Production Value Market Share of Key Phenolic Urethane No-Bake Resin Producers in 2025
Table 18. World Phenolic Urethane No-Bake Resin Production by Manufacturer (2021-2026) & (Tons)
Table 19. Production Market Share of Key Phenolic Urethane No-Bake Resin Producers in 2025
Table 20. World Phenolic Urethane No-Bake Resin Average Price by Manufacturer (2021-2026) & (US$/Ton)
Table 21. Global Phenolic Urethane No-Bake Resin Company Evaluation Quadrant
Table 22. World Phenolic Urethane No-Bake Resin Industry Rank of Major Manufacturers, Based on Production Value in 2025
Table 23. Head Office and Phenolic Urethane No-Bake Resin Production Site of Key Manufacturer
Table 24. Phenolic Urethane No-Bake Resin Market: Company Product Type Footprint
Table 25. Phenolic Urethane No-Bake Resin Market: Company Product Application Footprint
Table 26. Phenolic Urethane No-Bake Resin Competitive Factors
Table 27. Phenolic Urethane No-Bake Resin New Entrant and Capacity Expansion Plans
Table 28. Phenolic Urethane No-Bake Resin Mergers & Acquisitions Activity
Table 29. United States VS China Phenolic Urethane No-Bake Resin Production Value Comparison, (2021 & 2025 & 2032) & (USD Million)
Table 30. United States VS China Phenolic Urethane No-Bake Resin Production Comparison, (2021 & 2025 & 2032) & (Tons)
Table 31. United States VS China Phenolic Urethane No-Bake Resin Consumption Comparison, (2021 & 2025 & 2032) & (Tons)
Table 32. United States Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Phenolic Urethane No-Bake Resin Production Value, (2021-2026) & (USD Million)
Table 34. United States Based Manufacturers Phenolic Urethane No-Bake Resin Production Value Market Share (2021-2026)
Table 35. United States Based Manufacturers Phenolic Urethane No-Bake Resin Production (2021-2026) & (Tons)
Table 36. United States Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share (2021-2026)
Table 37. China Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Phenolic Urethane No-Bake Resin Production Value, (2021-2026) & (USD Million)
Table 39. China Based Manufacturers Phenolic Urethane No-Bake Resin Production Value Market Share (2021-2026)
Table 40. China Based Manufacturers Phenolic Urethane No-Bake Resin Production, (2021-2026) & (Tons)
Table 41. China Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share (2021-2026)
Table 42. Rest of World Based Phenolic Urethane No-Bake Resin Manufacturers, Headquarters and Production Site (State, Country)
Table 43. Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production Value, (2021-2026) & (USD Million)
Table 44. Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production Value Market Share (2021-2026)
Table 45. Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production, (2021-2026) & (Tons)
Table 46. Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share (2021-2026)
Table 47. World Phenolic Urethane No-Bake Resin Production Value by Type, (USD Million), 2021 & 2025 & 2032
Table 48. World Phenolic Urethane No-Bake Resin Production by Type (2021-2026) & (Tons)
Table 49. World Phenolic Urethane No-Bake Resin Production by Type (2027-2032) & (Tons)
Table 50. World Phenolic Urethane No-Bake Resin Production Value by Type (2021-2026) & (USD Million)
Table 51. World Phenolic Urethane No-Bake Resin Production Value by Type (2027-2032) & (USD Million)
Table 52. World Phenolic Urethane No-Bake Resin Average Price by Type (2021-2026) & (US$/Ton)
Table 53. World Phenolic Urethane No-Bake Resin Average Price by Type (2027-2032) & (US$/Ton)
Table 54. World Phenolic Urethane No-Bake Resin Production Value by Resin Component Ratio, (USD Million), 2021 & 2025 & 2032
Table 55. World Phenolic Urethane No-Bake Resin Production by Resin Component Ratio (2021-2026) & (Tons)
Table 56. World Phenolic Urethane No-Bake Resin Production by Resin Component Ratio (2027-2032) & (Tons)
Table 57. World Phenolic Urethane No-Bake Resin Production Value by Resin Component Ratio (2021-2026) & (USD Million)
Table 58. World Phenolic Urethane No-Bake Resin Production Value by Resin Component Ratio (2027-2032) & (USD Million)
Table 59. World Phenolic Urethane No-Bake Resin Average Price by Resin Component Ratio (2021-2026) & (US$/Ton)
Table 60. World Phenolic Urethane No-Bake Resin Average Price by Resin Component Ratio (2027-2032) & (US$/Ton)
Table 61. World Phenolic Urethane No-Bake Resin Production Value by Application, (USD Million), 2021 & 2025 & 2032
Table 62. World Phenolic Urethane No-Bake Resin Production by Application (2021-2026) & (Tons)
Table 63. World Phenolic Urethane No-Bake Resin Production by Application (2027-2032) & (Tons)
Table 64. World Phenolic Urethane No-Bake Resin Production Value by Application (2021-2026) & (USD Million)
Table 65. World Phenolic Urethane No-Bake Resin Production Value by Application (2027-2032) & (USD Million)
Table 66. World Phenolic Urethane No-Bake Resin Average Price by Application (2021-2026) & (US$/Ton)
Table 67. World Phenolic Urethane No-Bake Resin Average Price by Application (2027-2032) & (US$/Ton)
Table 68. ASK Chemicals Basic Information, Manufacturing Base and Competitors
Table 69. ASK Chemicals Major Business
Table 70. ASK Chemicals Phenolic Urethane No-Bake Resin Product and Services
Table 71. ASK Chemicals Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 72. ASK Chemicals Recent Developments/Updates
Table 73. ASK Chemicals Competitive Strengths & Weaknesses
Table 74. HA Group Basic Information, Manufacturing Base and Competitors
Table 75. HA Group Major Business
Table 76. HA Group Phenolic Urethane No-Bake Resin Product and Services
Table 77. HA Group Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 78. HA Group Recent Developments/Updates
Table 79. HA Group Competitive Strengths & Weaknesses
Table 80. Vesuvius Basic Information, Manufacturing Base and Competitors
Table 81. Vesuvius Major Business
Table 82. Vesuvius Phenolic Urethane No-Bake Resin Product and Services
Table 83. Vesuvius Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 84. Vesuvius Recent Developments/Updates
Table 85. Vesuvius Competitive Strengths & Weaknesses
Table 86. ASAHI YUKIZAI Basic Information, Manufacturing Base and Competitors
Table 87. ASAHI YUKIZAI Major Business
Table 88. ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Product and Services
Table 89. ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 90. ASAHI YUKIZAI Recent Developments/Updates
Table 91. ASAHI YUKIZAI Competitive Strengths & Weaknesses
Table 92. Forace Polymers Basic Information, Manufacturing Base and Competitors
Table 93. Forace Polymers Major Business
Table 94. Forace Polymers Phenolic Urethane No-Bake Resin Product and Services
Table 95. Forace Polymers Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 96. Forace Polymers Recent Developments/Updates
Table 97. Forace Polymers Competitive Strengths & Weaknesses
Table 98. Mancuso Chemicals Basic Information, Manufacturing Base and Competitors
Table 99. Mancuso Chemicals Major Business
Table 100. Mancuso Chemicals Phenolic Urethane No-Bake Resin Product and Services
Table 101. Mancuso Chemicals Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 102. Mancuso Chemicals Recent Developments/Updates
Table 103. Mancuso Chemicals Competitive Strengths & Weaknesses
Table 104. IVP Limited Basic Information, Manufacturing Base and Competitors
Table 105. IVP Limited Major Business
Table 106. IVP Limited Phenolic Urethane No-Bake Resin Product and Services
Table 107. IVP Limited Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 108. IVP Limited Recent Developments/Updates
Table 109. IVP Limited Competitive Strengths & Weaknesses
Table 110. Çukurova Kimya Basic Information, Manufacturing Base and Competitors
Table 111. Çukurova Kimya Major Business
Table 112. Çukurova Kimya Phenolic Urethane No-Bake Resin Product and Services
Table 113. Çukurova Kimya Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 114. Çukurova Kimya Recent Developments/Updates
Table 115. Çukurova Kimya Competitive Strengths & Weaknesses
Table 116. Shengquan Group Basic Information, Manufacturing Base and Competitors
Table 117. Shengquan Group Major Business
Table 118. Shengquan Group Phenolic Urethane No-Bake Resin Product and Services
Table 119. Shengquan Group Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 120. Shengquan Group Recent Developments/Updates
Table 121. Shengquan Group Competitive Strengths & Weaknesses
Table 122. Suzhou Xingye Materials Technology Basic Information, Manufacturing Base and Competitors
Table 123. Suzhou Xingye Materials Technology Major Business
Table 124. Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Product and Services
Table 125. Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 126. Suzhou Xingye Materials Technology Recent Developments/Updates
Table 127. Suzhou Xingye Materials Technology Competitive Strengths & Weaknesses
Table 128. Liaoning Xinda Casting Technology Basic Information, Manufacturing Base and Competitors
Table 129. Liaoning Xinda Casting Technology Major Business
Table 130. Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Product and Services
Table 131. Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 132. Liaoning Xinda Casting Technology Recent Developments/Updates
Table 133. Liaoning Xinda Casting Technology Competitive Strengths & Weaknesses
Table 134. Changle Hengchang Chemical Basic Information, Manufacturing Base and Competitors
Table 135. Changle Hengchang Chemical Major Business
Table 136. Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Product and Services
Table 137. Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 138. Changle Hengchang Chemical Recent Developments/Updates
Table 139. Changle Hengchang Chemical Competitive Strengths & Weaknesses
Table 140. Global Key Players of Phenolic Urethane No-Bake Resin Upstream (Raw Materials)
Table 141. Global Phenolic Urethane No-Bake Resin Typical Customers
Table 142. Phenolic Urethane No-Bake Resin Typical Distributors

LIST OF FIGURES

Figure 1. Phenolic Urethane No-Bake Resin Picture
Figure 2. World Phenolic Urethane No-Bake Resin Production Value: 2021 & 2025 & 2032, (USD Million)
Figure 3. World Phenolic Urethane No-Bake Resin Production Value and Forecast (2021-2032) & (USD Million)
Figure 4. World Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 5. World Phenolic Urethane No-Bake Resin Average Price (2021-2032) & (US$/Ton)
Figure 6. World Phenolic Urethane No-Bake Resin Production Value Market Share by Region (2021-2032)
Figure 7. World Phenolic Urethane No-Bake Resin Production Market Share by Region (2021-2032)
Figure 8. North America Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 9. Europe Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 10. China Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 11. Japan Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 12. India Phenolic Urethane No-Bake Resin Production (2021-2032) & (Tons)
Figure 13. Phenolic Urethane No-Bake Resin Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 16. World Phenolic Urethane No-Bake Resin Consumption Market Share by Region (2021-2032)
Figure 17. United States Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 18. China Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 19. Europe Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 20. Japan Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 21. South Korea Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 22. ASEAN Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 23. India Phenolic Urethane No-Bake Resin Consumption (2021-2032) & (Tons)
Figure 24. Producer Shipments of Phenolic Urethane No-Bake Resin by Manufacturer Revenue ($MM) and Market Share (%): 2025
Figure 25. Global Four-firm Concentration Ratios (CR4) for Phenolic Urethane No-Bake Resin Markets in 2025
Figure 26. Global Four-firm Concentration Ratios (CR8) for Phenolic Urethane No-Bake Resin Markets in 2025
Figure 27. United States VS China: Phenolic Urethane No-Bake Resin Production Value Market Share Comparison (2021 & 2025 & 2032)
Figure 28. United States VS China: Phenolic Urethane No-Bake Resin Production Market Share Comparison (2021 & 2025 & 2032)
Figure 29. United States VS China: Phenolic Urethane No-Bake Resin Consumption Market Share Comparison (2021 & 2025 & 2032)
Figure 30. United States Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share 2025
Figure 31. China Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share 2025
Figure 32. Rest of World Based Manufacturers Phenolic Urethane No-Bake Resin Production Market Share 2025
Figure 33. World Phenolic Urethane No-Bake Resin Production Value by Type, (USD Million), 2021 & 2025 & 2032
Figure 34. World Phenolic Urethane No-Bake Resin Production Value Market Share by Type in 2025
Figure 35. Fast-curing Type (≤10 min)
Figure 36. Standard-curing Type (>10–30 min)
Figure 37. Slow-curing Type (>30 min)
Figure 38. World Phenolic Urethane No-Bake Resin Production Market Share by Type (2021-2032)
Figure 39. World Phenolic Urethane No-Bake Resin Production Value Market Share by Type (2021-2032)
Figure 40. World Phenolic Urethane No-Bake Resin Average Price by Type (2021-2032) & (US$/Ton)
Figure 41. World Phenolic Urethane No-Bake Resin Production Value by Resin Component Ratio, (USD Million), 2021 & 2025 & 2032
Figure 42. World Phenolic Urethane No-Bake Resin Production Value Market Share by Resin Component Ratio in 2025
Figure 43. Balanced Type
Figure 44. Unbalanced Type
Figure 45. World Phenolic Urethane No-Bake Resin Production Market Share by Resin Component Ratio (2021-2032)
Figure 46. World Phenolic Urethane No-Bake Resin Production Value Market Share by Resin Component Ratio (2021-2032)
Figure 47. World Phenolic Urethane No-Bake Resin Average Price by Resin Component Ratio (2021-2032) & (US$/Ton)
Figure 48. World Phenolic Urethane No-Bake Resin Production Value by Application, (USD Million), 2021 & 2025 & 2032
Figure 49. World Phenolic Urethane No-Bake Resin Production Value Market Share by Application in 2025
Figure 50. Steel Castings
Figure 51. Iron Castings
Figure 52. Non-ferrous Alloy Castings
Figure 53. World Phenolic Urethane No-Bake Resin Production Market Share by Application (2021-2032)
Figure 54. World Phenolic Urethane No-Bake Resin Production Value Market Share by Application (2021-2032)
Figure 55. World Phenolic Urethane No-Bake Resin Average Price by Application (2021-2032) & (US$/Ton)
Figure 56. Phenolic Urethane No-Bake Resin Industry Chain
Figure 57. Phenolic Urethane No-Bake Resin Procurement Model
Figure 58. Phenolic Urethane No-Bake Resin Sales Model
Figure 59. Phenolic Urethane No-Bake Resin Sales Channels, Direct Sales, and Distribution
Figure 60. Methodology
Figure 61. Research Process and Data Source