Global Phenolic Urethane No-Bake Resin Market Growth 2026-2032

October 2026 | 119 pages | ID: GBB38EC06B4AEN
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The global Phenolic Urethane No-Bake Resin market size is predicted to grow from US$ 231 million in 2025 to US$ 304 million in 2032; it is expected to grow at a CAGR of 4.0% from 2026 to 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 T?rkiye 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, ?ukurova 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

LP Information, Inc. (LPI) ' newest research report, the “Phenolic Urethane No-Bake Resin Industry Forecast” looks at past sales and reviews total world Phenolic Urethane No-Bake Resin sales in 2025, providing a comprehensive analysis by region and market sector of projected Phenolic Urethane No-Bake Resin sales for 2026 through 2032. With Phenolic Urethane No-Bake Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phenolic Urethane No-Bake Resin industry.

This Insight Report provides a comprehensive analysis of the global Phenolic Urethane No-Bake Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phenolic Urethane No-Bake Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phenolic Urethane No-Bake Resin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phenolic Urethane No-Bake Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phenolic Urethane No-Bake Resin.

This report presents a comprehensive overview, market shares, and growth opportunities of Phenolic Urethane No-Bake Resin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation

Segmentation by Type:

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

Segmentation by Resin Component Ratio:

  • Balanced Type
  • Unbalanced Type

Segmentation by Application:

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

This report also splits the market by region:

  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
  • ASK Chemicals
  • HA Group
  • Vesuvius
  • ASAHI YUKIZAI
  • Forace Polymers
  • Mancuso Chemicals
  • IVP Limited
  • ?ukurova Kimya
  • Shengquan Group
  • Suzhou Xingye Materials Technology
  • Liaoning Xinda Casting Technology
  • Changle Hengchang Chemical

Key Questions Addressed in this Report

  • What is the 10-year outlook for the global Phenolic Urethane No-Bake Resin market?
  • What factors are driving Phenolic Urethane No-Bake Resin market growth, globally and by region?
  • Which technologies are poised for the fastest growth by market and region?
  • How do Phenolic Urethane No-Bake Resin market opportunities vary by end market size?
  • How does Phenolic Urethane No-Bake Resin break out by Type, by Application?
1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Phenolic Urethane No-Bake Resin Annual Sales 2021-2032
  2.1.2 World Current & Future Analysis for Phenolic Urethane No-Bake Resin by Geographic Region, 2021, 2025 & 2032
  2.1.3 World Current & Future Analysis for Phenolic Urethane No-Bake Resin by Country/Region, 2021, 2025 & 2032
2.2 Phenolic Urethane No-Bake Resin Segment by Type
  2.2.1 Fast-curing Type (≤10 min)
  2.2.2 Standard-curing Type (>10–30 min)
  2.2.3 Slow-curing Type (>30 min)
  2.2.4 Phenolic Urethane No-Bake Resin Sales by Type
    2.2.4.1 Global Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
    2.2.4.2 Global Phenolic Urethane No-Bake Resin Revenue and Market Share by Type (2021-2026)
    2.2.4.3 Global Phenolic Urethane No-Bake Resin Sale Price by Type (2021-2026)
2.3 Phenolic Urethane No-Bake Resin Segment by Resin Component Ratio
  2.3.1 Balanced Type
  2.3.2 Unbalanced Type
  2.3.3 Phenolic Urethane No-Bake Resin Sales by Resin Component Ratio
    2.3.3.1 Global Phenolic Urethane No-Bake Resin Sales Market Share by Resin Component Ratio (2021-2026)
    2.3.3.2 Global Phenolic Urethane No-Bake Resin Revenue and Market Share by Resin Component Ratio (2021-2026)
    2.3.3.3 Global Phenolic Urethane No-Bake Resin Sale Price by Resin Component Ratio (2021-2026)
2.4 Phenolic Urethane No-Bake Resin Segment by Application
  2.4.1 Steel Castings
  2.4.2 Iron Castings
  2.4.3 Non-ferrous Alloy Castings
  2.4.4 Phenolic Urethane No-Bake Resin Sales by Application
    2.4.4.1 Global Phenolic Urethane No-Bake Resin Sale Market Share by Application (2021-2026)
    2.4.4.2 Global Phenolic Urethane No-Bake Resin Revenue and Market Share by Application (2021-2026)
    2.4.4.3 Global Phenolic Urethane No-Bake Resin Sale Price by Application (2021-2026)

3 GLOBAL BY COMPANY

3.1 Global Phenolic Urethane No-Bake Resin Breakdown Data by Company
  3.1.1 Global Phenolic Urethane No-Bake Resin Annual Sales by Company (2021-2026)
  3.1.2 Global Phenolic Urethane No-Bake Resin Sales Market Share by Company (2021-2026)
3.2 Global Phenolic Urethane No-Bake Resin Annual Revenue by Company (2021-2026)
  3.2.1 Global Phenolic Urethane No-Bake Resin Revenue by Company (2021-2026)
  3.2.2 Global Phenolic Urethane No-Bake Resin Revenue Market Share by Company (2021-2026)
3.3 Global Phenolic Urethane No-Bake Resin Sale Price by Company
3.4 Key Manufacturers Phenolic Urethane No-Bake Resin Producing Area Distribution, Sales Area, Product Type
  3.4.1 Key Manufacturers Phenolic Urethane No-Bake Resin Product Location Distribution
  3.4.2 Players Phenolic Urethane No-Bake Resin Products Offered
3.5 Market Concentration Rate Analysis
  3.5.1 Competition Landscape Analysis
  3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy

4 WORLD HISTORIC REVIEW FOR PHENOLIC URETHANE NO-BAKE RESIN BY GEOGRAPHIC REGION

4.1 World Historic Phenolic Urethane No-Bake Resin Market Size by Geographic Region (2021-2026)
  4.1.1 Global Phenolic Urethane No-Bake Resin Annual Sales by Geographic Region (2021-2026)
  4.1.2 Global Phenolic Urethane No-Bake Resin Annual Revenue by Geographic Region (2021-2026)
4.2 World Historic Phenolic Urethane No-Bake Resin Market Size by Country/Region (2021-2026)
  4.2.1 Global Phenolic Urethane No-Bake Resin Annual Sales by Country/Region (2021-2026)
  4.2.2 Global Phenolic Urethane No-Bake Resin Annual Revenue by Country/Region (2021-2026)
4.3 Americas Phenolic Urethane No-Bake Resin Sales Growth
4.4 APAC Phenolic Urethane No-Bake Resin Sales Growth
4.5 Europe Phenolic Urethane No-Bake Resin Sales Growth
4.6 Middle East & Africa Phenolic Urethane No-Bake Resin Sales Growth

5 AMERICAS

5.1 Americas Phenolic Urethane No-Bake Resin Sales by Country
  5.1.1 Americas Phenolic Urethane No-Bake Resin Sales by Country (2021-2026)
  5.1.2 Americas Phenolic Urethane No-Bake Resin Revenue by Country (2021-2026)
5.2 Americas Phenolic Urethane No-Bake Resin Sales by Type (2021-2026)
5.3 Americas Phenolic Urethane No-Bake Resin Sales by Application (2021-2026)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Phenolic Urethane No-Bake Resin Sales by Region
  6.1.1 APAC Phenolic Urethane No-Bake Resin Sales by Region (2021-2026)
  6.1.2 APAC Phenolic Urethane No-Bake Resin Revenue by Region (2021-2026)
6.2 APAC Phenolic Urethane No-Bake Resin Sales by Type (2021-2026)
6.3 APAC Phenolic Urethane No-Bake Resin Sales by Application (2021-2026)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan

7 EUROPE

7.1 Europe Phenolic Urethane No-Bake Resin by Country
  7.1.1 Europe Phenolic Urethane No-Bake Resin Sales by Country (2021-2026)
  7.1.2 Europe Phenolic Urethane No-Bake Resin Revenue by Country (2021-2026)
7.2 Europe Phenolic Urethane No-Bake Resin Sales by Type (2021-2026)
7.3 Europe Phenolic Urethane No-Bake Resin Sales by Application (2021-2026)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Phenolic Urethane No-Bake Resin by Country
  8.1.1 Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Country (2021-2026)
  8.1.2 Middle East & Africa Phenolic Urethane No-Bake Resin Revenue by Country (2021-2026)
8.2 Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Type (2021-2026)
8.3 Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Application (2021-2026)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 MANUFACTURING COST STRUCTURE ANALYSIS

10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Phenolic Urethane No-Bake Resin
10.3 Manufacturing Process Analysis of Phenolic Urethane No-Bake Resin
10.4 Industry Chain Structure of Phenolic Urethane No-Bake Resin

11 MARKETING, DISTRIBUTORS AND CUSTOMER

11.1 Sales Channel
  11.1.1 Direct Channels
  11.1.2 Indirect Channels
11.2 Phenolic Urethane No-Bake Resin Distributors
11.3 Phenolic Urethane No-Bake Resin Customer

12 WORLD FORECAST REVIEW FOR PHENOLIC URETHANE NO-BAKE RESIN BY GEOGRAPHIC REGION

12.1 Global Phenolic Urethane No-Bake Resin Market Size Forecast by Region
  12.1.1 Global Phenolic Urethane No-Bake Resin Forecast by Region (2027-2032)
  12.1.2 Global Phenolic Urethane No-Bake Resin Annual Revenue Forecast by Region (2027-2032)
12.2 Americas Forecast by Country (2027-2032)
12.3 APAC Forecast by Region (2027-2032)
12.4 Europe Forecast by Country (2027-2032)
12.5 Middle East & Africa Forecast by Country (2027-2032)
12.6 Global Phenolic Urethane No-Bake Resin Forecast by Type (2027-2032)
12.7 Global Phenolic Urethane No-Bake Resin Forecast by Application (2027-2032)

13 KEY PLAYERS ANALYSIS

13.1 ASK Chemicals
  13.1.1 ASK Chemicals Company Information
  13.1.2 ASK Chemicals Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.1.3 ASK Chemicals Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.1.4 ASK Chemicals Main Business Overview
  13.1.5 ASK Chemicals Latest Developments
13.2 HA Group
  13.2.1 HA Group Company Information
  13.2.2 HA Group Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.2.3 HA Group Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.2.4 HA Group Main Business Overview
  13.2.5 HA Group Latest Developments
13.3 Vesuvius
  13.3.1 Vesuvius Company Information
  13.3.2 Vesuvius Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.3.3 Vesuvius Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.3.4 Vesuvius Main Business Overview
  13.3.5 Vesuvius Latest Developments
13.4 ASAHI YUKIZAI
  13.4.1 ASAHI YUKIZAI Company Information
  13.4.2 ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.4.3 ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.4.4 ASAHI YUKIZAI Main Business Overview
  13.4.5 ASAHI YUKIZAI Latest Developments
13.5 Forace Polymers
  13.5.1 Forace Polymers Company Information
  13.5.2 Forace Polymers Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.5.3 Forace Polymers Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.5.4 Forace Polymers Main Business Overview
  13.5.5 Forace Polymers Latest Developments
13.6 Mancuso Chemicals
  13.6.1 Mancuso Chemicals Company Information
  13.6.2 Mancuso Chemicals Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.6.3 Mancuso Chemicals Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.6.4 Mancuso Chemicals Main Business Overview
  13.6.5 Mancuso Chemicals Latest Developments
13.7 IVP Limited
  13.7.1 IVP Limited Company Information
  13.7.2 IVP Limited Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.7.3 IVP Limited Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.7.4 IVP Limited Main Business Overview
  13.7.5 IVP Limited Latest Developments
13.8 ?ukurova Kimya
  13.8.1 ?ukurova Kimya Company Information
  13.8.2 ?ukurova Kimya Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.8.3 ?ukurova Kimya Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.8.4 ?ukurova Kimya Main Business Overview
  13.8.5 ?ukurova Kimya Latest Developments
13.9 Shengquan Group
  13.9.1 Shengquan Group Company Information
  13.9.2 Shengquan Group Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.9.3 Shengquan Group Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.9.4 Shengquan Group Main Business Overview
  13.9.5 Shengquan Group Latest Developments
13.10 Suzhou Xingye Materials Technology
  13.10.1 Suzhou Xingye Materials Technology Company Information
  13.10.2 Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.10.3 Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.10.4 Suzhou Xingye Materials Technology Main Business Overview
  13.10.5 Suzhou Xingye Materials Technology Latest Developments
13.11 Liaoning Xinda Casting Technology
  13.11.1 Liaoning Xinda Casting Technology Company Information
  13.11.2 Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.11.3 Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.11.4 Liaoning Xinda Casting Technology Main Business Overview
  13.11.5 Liaoning Xinda Casting Technology Latest Developments
13.12 Changle Hengchang Chemical
  13.12.1 Changle Hengchang Chemical Company Information
  13.12.2 Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
  13.12.3 Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Sales, Revenue, Price and Gross Margin (2021-2026)
  13.12.4 Changle Hengchang Chemical Main Business Overview
  13.12.5 Changle Hengchang Chemical Latest Developments

14 RESEARCH FINDINGS AND CONCLUSION
LIST OF TABLES

Table 1. Phenolic Urethane No-Bake Resin Annual Sales CAGR by Geographic Region (2021, 2025 & 2032) & ($ millions)
Table 2. Phenolic Urethane No-Bake Resin Annual Sales CAGR by Country/Region (2021, 2025 & 2032) & ($ millions)
Table 3. Major Players of Fast-curing Type (≤10 min)
Table 4. Major Players of Standard-curing Type (>10–30 min)
Table 5. Major Players of Slow-curing Type (>30 min)
Table 6. Global Phenolic Urethane No-Bake Resin Sales by Type (2021-2026) & (Tons)
Table 7. Global Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
Table 8. Global Phenolic Urethane No-Bake Resin Revenue by Type (2021-2026) & ($ million)
Table 9. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Type (2021-2026)
Table 10. Global Phenolic Urethane No-Bake Resin Sale Price by Type (2021-2026) & (US$/Ton)
Table 11. Major Players of Balanced Type
Table 12. Major Players of Unbalanced Type
Table 13. Global Phenolic Urethane No-Bake Resin Sales by Resin Component Ratio (2021-2026) & (Tons)
Table 14. Global Phenolic Urethane No-Bake Resin Sales Market Share by Resin Component Ratio (2021-2026)
Table 15. Global Phenolic Urethane No-Bake Resin Revenue by Resin Component Ratio (2021-2026) & ($ million)
Table 16. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Resin Component Ratio (2021-2026)
Table 17. Global Phenolic Urethane No-Bake Resin Sale Price by Resin Component Ratio (2021-2026) & (US$/Ton)
Table 18. Global Phenolic Urethane No-Bake Resin Sale by Application (2021-2026) & (Tons)
Table 19. Global Phenolic Urethane No-Bake Resin Sale Market Share by Application (2021-2026)
Table 20. Global Phenolic Urethane No-Bake Resin Revenue by Application (2021-2026) & ($ million)
Table 21. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Application (2021-2026)
Table 22. Global Phenolic Urethane No-Bake Resin Sale Price by Application (2021-2026) & (US$/Ton)
Table 23. Global Phenolic Urethane No-Bake Resin Sales by Company (2021-2026) & (Tons)
Table 24. Global Phenolic Urethane No-Bake Resin Sales Market Share by Company (2021-2026)
Table 25. Global Phenolic Urethane No-Bake Resin Revenue by Company (2021-2026) & ($ millions)
Table 26. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Company (2021-2026)
Table 27. Global Phenolic Urethane No-Bake Resin Sale Price by Company (2021-2026) & (US$/Ton)
Table 28. Key Manufacturers Phenolic Urethane No-Bake Resin Producing Area Distribution and Sales Area
Table 29. Players Phenolic Urethane No-Bake Resin Products Offered
Table 30. Phenolic Urethane No-Bake Resin Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
Table 31. New Products and Potential Entrants
Table 32. Market M&A Activity & Strategy
Table 33. Global Phenolic Urethane No-Bake Resin Sales by Geographic Region (2021-2026) & (Tons)
Table 34. Global Phenolic Urethane No-Bake Resin Sales Market Share Geographic Region (2021-2026)
Table 35. Global Phenolic Urethane No-Bake Resin Revenue by Geographic Region (2021-2026) & ($ millions)
Table 36. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Geographic Region (2021-2026)
Table 37. Global Phenolic Urethane No-Bake Resin Sales by Country/Region (2021-2026) & (Tons)
Table 38. Global Phenolic Urethane No-Bake Resin Sales Market Share by Country/Region (2021-2026)
Table 39. Global Phenolic Urethane No-Bake Resin Revenue by Country/Region (2021-2026) & ($ millions)
Table 40. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Country/Region (2021-2026)
Table 41. Americas Phenolic Urethane No-Bake Resin Sales by Country (2021-2026) & (Tons)
Table 42. Americas Phenolic Urethane No-Bake Resin Sales Market Share by Country (2021-2026)
Table 43. Americas Phenolic Urethane No-Bake Resin Revenue by Country (2021-2026) & ($ millions)
Table 44. Americas Phenolic Urethane No-Bake Resin Sales by Type (2021-2026) & (Tons)
Table 45. Americas Phenolic Urethane No-Bake Resin Sales by Application (2021-2026) & (Tons)
Table 46. APAC Phenolic Urethane No-Bake Resin Sales by Region (2021-2026) & (Tons)
Table 47. APAC Phenolic Urethane No-Bake Resin Sales Market Share by Region (2021-2026)
Table 48. APAC Phenolic Urethane No-Bake Resin Revenue by Region (2021-2026) & ($ millions)
Table 49. APAC Phenolic Urethane No-Bake Resin Sales by Type (2021-2026) & (Tons)
Table 50. APAC Phenolic Urethane No-Bake Resin Sales by Application (2021-2026) & (Tons)
Table 51. Europe Phenolic Urethane No-Bake Resin Sales by Country (2021-2026) & (Tons)
Table 52. Europe Phenolic Urethane No-Bake Resin Revenue by Country (2021-2026) & ($ millions)
Table 53. Europe Phenolic Urethane No-Bake Resin Sales by Type (2021-2026) & (Tons)
Table 54. Europe Phenolic Urethane No-Bake Resin Sales by Application (2021-2026) & (Tons)
Table 55. Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Country (2021-2026) & (Tons)
Table 56. Middle East & Africa Phenolic Urethane No-Bake Resin Revenue Market Share by Country (2021-2026)
Table 57. Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Type (2021-2026) & (Tons)
Table 58. Middle East & Africa Phenolic Urethane No-Bake Resin Sales by Application (2021-2026) & (Tons)
Table 59. Key Market Drivers & Growth Opportunities of Phenolic Urethane No-Bake Resin
Table 60. Key Market Challenges & Risks of Phenolic Urethane No-Bake Resin
Table 61. Key Industry Trends of Phenolic Urethane No-Bake Resin
Table 62. Phenolic Urethane No-Bake Resin Raw Material
Table 63. Key Suppliers of Raw Materials
Table 64. Phenolic Urethane No-Bake Resin Distributors List
Table 65. Phenolic Urethane No-Bake Resin Customer List
Table 66. Global Phenolic Urethane No-Bake Resin Sales Forecast by Region (2027-2032) & (Tons)
Table 67. Global Phenolic Urethane No-Bake Resin Revenue Forecast by Region (2027-2032) & ($ millions)
Table 68. Americas Phenolic Urethane No-Bake Resin Sales Forecast by Country (2027-2032) & (Tons)
Table 69. Americas Phenolic Urethane No-Bake Resin Annual Revenue Forecast by Country (2027-2032) & ($ millions)
Table 70. APAC Phenolic Urethane No-Bake Resin Sales Forecast by Region (2027-2032) & (Tons)
Table 71. APAC Phenolic Urethane No-Bake Resin Annual Revenue Forecast by Region (2027-2032) & ($ millions)
Table 72. Europe Phenolic Urethane No-Bake Resin Sales Forecast by Country (2027-2032) & (Tons)
Table 73. Europe Phenolic Urethane No-Bake Resin Revenue Forecast by Country (2027-2032) & ($ millions)
Table 74. Middle East & Africa Phenolic Urethane No-Bake Resin Sales Forecast by Country (2027-2032) & (Tons)
Table 75. Middle East & Africa Phenolic Urethane No-Bake Resin Revenue Forecast by Country (2027-2032) & ($ millions)
Table 76. Global Phenolic Urethane No-Bake Resin Sales Forecast by Type (2027-2032) & (Tons)
Table 77. Global Phenolic Urethane No-Bake Resin Revenue Forecast by Type (2027-2032) & ($ millions)
Table 78. Global Phenolic Urethane No-Bake Resin Sales Forecast by Application (2027-2032) & (Tons)
Table 79. Global Phenolic Urethane No-Bake Resin Revenue Forecast by Application (2027-2032) & ($ millions)
Table 80. ASK Chemicals Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 81. ASK Chemicals Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 82. ASK Chemicals Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 83. ASK Chemicals Main Business
Table 84. ASK Chemicals Latest Developments
Table 85. HA Group Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 86. HA Group Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 87. HA Group Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 88. HA Group Main Business
Table 89. HA Group Latest Developments
Table 90. Vesuvius Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 91. Vesuvius Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 92. Vesuvius Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 93. Vesuvius Main Business
Table 94. Vesuvius Latest Developments
Table 95. ASAHI YUKIZAI Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 96. ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 97. ASAHI YUKIZAI Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 98. ASAHI YUKIZAI Main Business
Table 99. ASAHI YUKIZAI Latest Developments
Table 100. Forace Polymers Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 101. Forace Polymers Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 102. Forace Polymers Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 103. Forace Polymers Main Business
Table 104. Forace Polymers Latest Developments
Table 105. Mancuso Chemicals Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 106. Mancuso Chemicals Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 107. Mancuso Chemicals Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 108. Mancuso Chemicals Main Business
Table 109. Mancuso Chemicals Latest Developments
Table 110. IVP Limited Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 111. IVP Limited Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 112. IVP Limited Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 113. IVP Limited Main Business
Table 114. IVP Limited Latest Developments
Table 115. ?ukurova Kimya Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 116. ?ukurova Kimya Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 117. ?ukurova Kimya Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 118. ?ukurova Kimya Main Business
Table 119. ?ukurova Kimya Latest Developments
Table 120. Shengquan Group Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 121. Shengquan Group Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 122. Shengquan Group Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 123. Shengquan Group Main Business
Table 124. Shengquan Group Latest Developments
Table 125. Suzhou Xingye Materials Technology Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 126. Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 127. Suzhou Xingye Materials Technology Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 128. Suzhou Xingye Materials Technology Main Business
Table 129. Suzhou Xingye Materials Technology Latest Developments
Table 130. Liaoning Xinda Casting Technology Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 131. Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 132. Liaoning Xinda Casting Technology Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 133. Liaoning Xinda Casting Technology Main Business
Table 134. Liaoning Xinda Casting Technology Latest Developments
Table 135. Changle Hengchang Chemical Basic Information, Phenolic Urethane No-Bake Resin Manufacturing Base, Sales Area and Its Competitors
Table 136. Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Product Portfolios and Specifications
Table 137. Changle Hengchang Chemical Phenolic Urethane No-Bake Resin Sales (Tons), Revenue ($ Million), Price (US$/Ton) and Gross Margin (2021-2026)
Table 138. Changle Hengchang Chemical Main Business
Table 139. Changle Hengchang Chemical Latest Developments

LIST OF FIGURES

Figure 1. Picture of Phenolic Urethane No-Bake Resin
Figure 2. Phenolic Urethane No-Bake Resin Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Phenolic Urethane No-Bake Resin Sales Growth Rate 2021-2032 (Tons)
Figure 7. Global Phenolic Urethane No-Bake Resin Revenue Growth Rate 2021-2032 ($ millions)
Figure 8. Phenolic Urethane No-Bake Resin Sales by Geographic Region (2021, 2025 & 2032) & ($ millions)
Figure 9. Phenolic Urethane No-Bake Resin Sales Market Share by Country/Region (2025)
Figure 10. Phenolic Urethane No-Bake Resin Sales Market Share by Country/Region (2021, 2025 & 2032)
Figure 11. Product Picture of Fast-curing Type (≤10 min)
Figure 12. Product Picture of Standard-curing Type (>10–30 min)
Figure 13. Product Picture of Slow-curing Type (>30 min)
Figure 14. Global Phenolic Urethane No-Bake Resin Sales Market Share by Type in 2026
Figure 15. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Type (2021-2026)
Figure 16. Product Picture of Balanced Type
Figure 17. Product Picture of Unbalanced Type
Figure 18. Global Phenolic Urethane No-Bake Resin Sales Market Share by Resin Component Ratio in 2026
Figure 19. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Resin Component Ratio (2021-2026)
Figure 20. Phenolic Urethane No-Bake Resin Consumed in Steel Castings
Figure 21. Global Phenolic Urethane No-Bake Resin Market: Steel Castings (2021-2026) & (Tons)
Figure 22. Phenolic Urethane No-Bake Resin Consumed in Iron Castings
Figure 23. Global Phenolic Urethane No-Bake Resin Market: Iron Castings (2021-2026) & (Tons)
Figure 24. Phenolic Urethane No-Bake Resin Consumed in Non-ferrous Alloy Castings
Figure 25. Global Phenolic Urethane No-Bake Resin Market: Non-ferrous Alloy Castings (2021-2026) & (Tons)
Figure 26. Global Phenolic Urethane No-Bake Resin Sale Market Share by Application (2025)
Figure 27. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Application in 2025
Figure 28. Phenolic Urethane No-Bake Resin Sales by Company in 2025 (Tons)
Figure 29. Global Phenolic Urethane No-Bake Resin Sales Market Share by Company in 2025
Figure 30. Phenolic Urethane No-Bake Resin Revenue by Company in 2025 ($ millions)
Figure 31. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Company in 2025
Figure 32. Global Phenolic Urethane No-Bake Resin Sales Market Share by Geographic Region (2021-2026)
Figure 33. Global Phenolic Urethane No-Bake Resin Revenue Market Share by Geographic Region in 2025
Figure 34. Americas Phenolic Urethane No-Bake Resin Sales 2021-2026 (Tons)
Figure 35. Americas Phenolic Urethane No-Bake Resin Revenue 2021-2026 ($ millions)
Figure 36. APAC Phenolic Urethane No-Bake Resin Sales 2021-2026 (Tons)
Figure 37. APAC Phenolic Urethane No-Bake Resin Revenue 2021-2026 ($ millions)
Figure 38. Europe Phenolic Urethane No-Bake Resin Sales 2021-2026 (Tons)
Figure 39. Europe Phenolic Urethane No-Bake Resin Revenue 2021-2026 ($ millions)
Figure 40. Middle East & Africa Phenolic Urethane No-Bake Resin Sales 2021-2026 (Tons)
Figure 41. Middle East & Africa Phenolic Urethane No-Bake Resin Revenue 2021-2026 ($ millions)
Figure 42. Americas Phenolic Urethane No-Bake Resin Sales Market Share by Country in 2025
Figure 43. Americas Phenolic Urethane No-Bake Resin Revenue Market Share by Country (2021-2026)
Figure 44. Americas Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
Figure 45. Americas Phenolic Urethane No-Bake Resin Sales Market Share by Application (2021-2026)
Figure 46. United States Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 47. Canada Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 48. Mexico Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 49. Brazil Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 50. APAC Phenolic Urethane No-Bake Resin Sales Market Share by Region in 2025
Figure 51. APAC Phenolic Urethane No-Bake Resin Revenue Market Share by Region (2021-2026)
Figure 52. APAC Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
Figure 53. APAC Phenolic Urethane No-Bake Resin Sales Market Share by Application (2021-2026)
Figure 54. China Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 55. Japan Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 56. South Korea Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 57. Southeast Asia Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 58. India Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 59. Australia Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 60. China Taiwan Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 61. Europe Phenolic Urethane No-Bake Resin Sales Market Share by Country in 2025
Figure 62. Europe Phenolic Urethane No-Bake Resin Revenue Market Share by Country (2021-2026)
Figure 63. Europe Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
Figure 64. Europe Phenolic Urethane No-Bake Resin Sales Market Share by Application (2021-2026)
Figure 65. Germany Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 66. France Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 67. UK Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 68. Italy Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 69. Russia Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 70. Middle East & Africa Phenolic Urethane No-Bake Resin Sales Market Share by Country (2021-2026)
Figure 71. Middle East & Africa Phenolic Urethane No-Bake Resin Sales Market Share by Type (2021-2026)
Figure 72. Middle East & Africa Phenolic Urethane No-Bake Resin Sales Market Share by Application (2021-2026)
Figure 73. Egypt Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 74. South Africa Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 75. Israel Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 76. Turkey Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 77. GCC Countries Phenolic Urethane No-Bake Resin Revenue Growth 2021-2026 ($ millions)
Figure 78. Manufacturing Cost Structure Analysis of Phenolic Urethane No-Bake Resin in 2026
Figure 79. Manufacturing Process Analysis of Phenolic Urethane No-Bake Resin
Figure 80. Industry Chain Structure of Phenolic Urethane No-Bake Resin
Figure 81. Channels of Distribution
Figure 82. Global Phenolic Urethane No-Bake Resin Sales Market Forecast by Region (2027-2032)
Figure 83. Global Phenolic Urethane No-Bake Resin Revenue Market Share Forecast by Region (2027-2032)
Figure 84. Global Phenolic Urethane No-Bake Resin Sales Market Share Forecast by Type (2027-2032)
Figure 85. Global Phenolic Urethane No-Bake Resin Revenue Market Share Forecast by Type (2027-2032)
Figure 86. Global Phenolic Urethane No-Bake Resin Sales Market Share Forecast by Application (2027-2032)
Figure 87. Global Phenolic Urethane No-Bake Resin Revenue Market Share Forecast by Application (2027-2032)