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Glass Fiber Foundry Filter Sales Market Report | Global Forecast To 2028
The Global Glass Fiber Foundry Filter Market Size is expected to grow at a CAGR of 7.8% during the forecast period 2021-2028. Growing demand for glass fiber foundry filters in various industries such as the automotive and construction sectors is boosting the demand for these products across the globe. Furthermore, increasing the use of these filters in the metal casting process has led to increasing their application area which makes them more popular among end-users.
The Glass Fiber Foundry Filter is a specialized filter that separates the molten metal from sand molds.
On the basis of Type, the market is segmented into Aluminum Filtration Fiberglass Mesh, High Silica Fiberglass Mesh for Iron, and High Silica Fiberglass Mesh for Steel.
Aluminum Filtration Fiberglass Mesh:
Aluminum Filtration Fiberglass Mesh is made of silica fiber and aluminum oxide. The mesh filters are used to capture the finest particles in fluid systems, air filtration, chemical process equipment, power plants, etc.
High Silica Fiberglass Mesh for Iron:
The term ‘high silica fiberglass mesh’ refers to the type of fabric where at least 50% of its weight is produced from glass threads. The main application for high-silica fiberglass filters are foundry aluminum die casting, sand molding, and shell molding.
High Silica Fiberglass Mesh for Steel:
High Silica Fiberglass Mesh for Steel is a steel or iron alloy that contains greater than 97% of total iron on a weight basis.
On the basis of Application, the market is segmented into Gravity Die Casting (GDC), Low-Pressure Die-Casting (LPDC), Sand Mold Casting, and Shell Mold Casting.
Gravity Die Casting (GDC):
The use of the glass fiber foundry filter in Gravity Die Casting is to remove aluminum oxide from molten metal.
Low-Pressure Die-Casting (LPDC):
Glass Fiber Foundry Filter is used in Low-Pressure Die-Casting to remove the bubbles and gases from molten metal. It also helps to ensure the uniform thickness of castings.
Sand Mold Casting:
Glass fiber foundry filter is used in sand mold casting for the separation of solid particles from molten metal. The term "sand castings" usually refers to permanent molds, but may also include expendable (single-use) molds made of green sand which is burned out after one use. Greensand has almost no porosity and does not need to be de-gassed; all the gas remains in the pattern or model, preventing bubbles from appearing in finished parts.
Shell Mold Casting:
For Shell mold castings, the glass fiber foundry filter helps to increase the dimensional accuracy of cast products. Shell mold casting is a type of metal casting process that uses an expendable pattern (the "shell") to produce castings. A two-piece shell with the parting line corresponding to that of the desired part is placed around or into a refractory core, which acts as both structure and furnace lining during most of the cycle.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America is projected to witness high growth during the forecast period on account of increasing passenger car production, particularly in the US. The region’s dominance can be attributed to factors like growing demand for drag reduction filtration systems (DRFS) for the automotive industry which are designed using fiberglass filter media due to their ability to withstand heat exposure. This has driven manufacturers towards the implementation of innovative manufacturing techniques resulting in cost-effective solutions that meet customer demands while reducing time consumption across supply chains involving the glass fiber foundry filters market. The Latin American region is one of the emerging markets for fiberglass. It offers a high potential market to manufacturers in terms of sales and revenue generation. Fiberglass product manufacturing companies are focusing on increasing their production capacity by investing heavily into projects, which will increase its demand within this region.
The Growth Factors Of The Global Glass Fiber Foundry Filter Market:
The global Glass Fiber Foundry Filter market is expected to grow significantly by the end of 2028 and is likely to witness significant growth over the forecast period owing to various factors such as growing demand for fiberglass filters with excellent filtration efficiency, increasing consumption due to industrialization across Asia Pacific & Africa, and the Middle East regions. However, the high costs associated with these products may hamper industry growth.
Dataintelo published a new report titled “Glass Fiber Foundry Filter Sales Market research report which is segmented by Types (Aluminum Filtration Fiberglass Mesh, High Silica Fiberglass Mesh for Iron, High Silica Fiberglass Mesh for Steel), By Applications (Gravity Die Casting (GDC), Low Pressure Die-Casting (LPDC), Sand Mold Casting, Shell Mold Casting), By Players/Companies Fibrecn International, Texers Technical Ceramics, Shanghai Haiying Insulation Glass Fiber, Asian Foundry Filters, Baoding Ningxin New Material, Industrial Ceramic Products”.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Glass Fiber Foundry Filter Sales Market Report Segments:
The market is segmented by Type Aluminum Filtration Fiberglass Mesh, High Silica Fiberglass Mesh for Iron, High Silica Fiberglass Mesh for Steel and By Application Gravity Die Casting (GDC), Low Pressure Die-Casting (LPDC), Sand Mold Casting, Shell Mold Casting.
Some of the companies that are profiled in this report are:
Fibrecn International
Texers Technical Ceramics
Shanghai Haiying Insulation Glass Fiber
Asian Foundry Filters
Baoding Ningxin New Material
Industrial Ceramic Products
Glass Fiber Foundry Filter Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Glass Fiber Foundry Filter Sales Market
Overview of the regional outlook of the Glass Fiber Foundry Filter Sales Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Read More at: https://dataintelo.com/report/global-glass-fiber-foundry-filter-sales-market/
Highlights of The Glass Fiber Foundry Filter Sales Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of Glass Fiber Foundry Filter Sales Market.
Historical data and forecast.
Estimations for the forecast period 2028.
Developments and trends in the market.
By Type:
Aluminum Filtration Fiberglass Mesh
High Silica Fiberglass Mesh for Iron
High Silica Fiberglass Mesh for Steel
By Application:
Gravity Die Casting (GDC)
Low Pressure Die-Casting (LPDC)
Sand Mold Casting
Shell Mold Casting
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glass Fiber Foundry Filter Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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Market Entry Strategies
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Reasons to Purchase the Glass Fiber Foundry Filter Sales Market Report:
The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.