The Global Foundry Coating Market was valued at USD 1.58 Billion in 2025 and is projected to reach USD 2.22 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024-2034). This robust growth is primarily driven by expanding automotive and aerospace manufacturing, the demand for high-quality metal castings, and the accelerating shift towards environmentally friendly water-based coatings to meet stringent regulatory standards.

As the foundry industry evolves to meet demands for superior surface finish, reduced casting defects, and sustainable operations, the role of specialized coating suppliers becomes paramount. These coatings are critical for creating a barrier between the molten metal and the mold, ensuring easy release and a flawless final product. In this blog, we profile the Top 10 Companies in the Foundry Coating Industry—a diverse group of chemical specialists and material science innovators defining the future of metal casting.

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🔟 1. ASK Chemicals GmbH

Headquarters: Hilden, Germany
Key Offering: Foundry coatings for iron, steel, and non-ferrous castings

ASK Chemicals is a global leader in foundry supplies, offering a comprehensive portfolio of coatings, binders, and release agents. Their coatings are engineered for various molding processes, including green sand, cold box, and lost foam, providing excellent refractoriness and surface finish.

Innovation & Sustainability Focus:

• Development of low-VOC and VOC-free coating technologies

• R&D in enhanced insulating coatings for improved casting yield

• Global technical support and application expertise for foundries

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9️⃣ 2. HA International

Headquarters: Westmont, Illinois, USA
Key Offering: Refractory coatings, binders, and additives

HA International is a premier supplier to the metal casting industry, with a strong focus on resin-coated sand and foundry coatings. Their products are critical for achieving high-definition castings with minimal veining and penetration defects.

Innovation & Sustainability Focus:

• Leading provider of Phenolic Urethane Cold Box (PUCB) binders and compatible coatings

• Investment in bio-based and sustainable binder systems

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8️⃣ 3. IVP LIMITED

Headquarters: Stafford, United Kingdom
Key Offering: Specialist foundry coatings and core adhesives

IVP LIMITED is a leading manufacturer of advanced foundry consumables, renowned for its high-performance coatings that prevent metal penetration and improve stripping. The company serves a global clientele across the automotive, defense, and heavy machinery sectors.

Innovation & Sustainability Focus:

• Pioneering alcohol-based and water-based coating formulations

• Focus on reducing environmental impact through efficient application technologies

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7️⃣ 4. REFCOTEC

Headquarters: Mönchengladbach, Germany
Key Offering: Refractory coatings, washes, and parting compounds

REFCOTEC specializes in high-quality refractory coatings for the foundry and steel industries. Their products are designed to withstand extreme temperatures, ensuring the integrity of molds and cores during the casting of ferrous and non-ferrous metals.

Innovation & Sustainability Focus:

• Expertise in zircon-based and graphite-based coatings for critical applications

• Customized solutions for specific casting alloys and molding methods

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6️⃣ 5. Asbury Carbons

Headquarters: Asbury, New Jersey, USA
Key Offering: Carbon and graphite additives for foundry coatings

Asbury Carbons, one of the world’s largest carbon and graphite suppliers, provides essential raw materials that form the backbone of many high-performance foundry coatings. Their materials enhance the lubricity and refractory properties of coatings.

Innovation & Sustainability Focus:

• World-class sourcing and processing of natural and synthetic graphites

• Development of engineered carbon blends for consistent coating performance

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5️⃣ 6. Jinan Shengquan

Headquarters: Jinan, Shandong, China
Key Offering: Foundry resins, coatings, and phenolic powder

Jinan Shengquan is a major global player in foundry chemicals, with a significant market share in Asia. The company offers a wide range of coatings tailored for the high-volume production typical of the Asian automotive and machinery industries.

Innovation & Sustainability Focus:

• Large-scale production capabilities for cost-effective coating solutions

• Growing investment in R&D for advanced composite coating materials

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4️⃣ 7. FREEMAN (JAPAN)

Headquarters: Osaka, Japan
Key Offering: Foundry coating products and mold release agents

FREEMAN is a key supplier in the Japanese and wider Asian markets, known for its high-quality coating systems that cater to precision casting requirements. The company’s products are essential for producing complex and high-integrity castings.

Innovation & Sustainability Focus:

• Specialization in coatings for investment casting and V-process molding

• Commitment to product consistency and technical customer service

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3️⃣ 8. Southeastern Foundry Products & Foundry Coatings

Headquarters: Birmingham, Alabama, USA
Key Offering: Full range of foundry coatings and consumables

This company is a prominent regional supplier in North America, providing a broad spectrum of coatings for both ferrous and non-ferrous foundries. They are recognized for their responsive service and ability to tailor products to individual foundry needs.

Innovation & Sustainability Focus:

• Strong focus on water-based coating technologies for improved workplace safety

• Partnerships with foundries to develop application-specific solutions

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2️⃣ 9. Polytrade

Headquarters: Mumbai, Maharashtra, India
Key Offering: Foundry chemicals, coatings, and fluxes

Polytrade is a leading supplier in the rapidly growing Indian foundry sector. The company offers a diverse portfolio of coating products that support the country’s massive production of automotive components and industrial machinery castings.

Innovation & Sustainability Focus:

• Cost-competitive products designed for the price-sensitive Indian market

• Expanding product line to include more environmentally compliant formulations

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1️⃣ 10. Xiangyang Juli High Technology Material

Headquarters: Xiangyang, Hubei, China
Key Offering: Refractory materials and specialized foundry coatings

Xiangyang Juli is a significant Chinese manufacturer of refractory products, including coatings used in precision casting processes. The company benefits from China’s dominant position in global metal casting production.

Innovation & Sustainability Focus:

• Focus on high-purity raw materials for consistent coating quality

• Investment in automating coating production for greater efficiency

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🌍 Outlook: The Future of Foundry Coatings Is Smarter and Greener

The foundry coating market is undergoing a significant transformation. While traditional coatings still hold substantial market share, the industry is increasingly focused on advanced formulations that enhance performance while minimizing environmental impact. The push for higher casting quality, productivity, and sustainability is driving innovation across the board.

📈 Key Trends Shaping the Market:

• Rapid adoption of water-based coatings to comply with VOC emission regulations

• Development of nanocomposite coatings for superior surface finish and defect reduction

• Integration of digital monitoring systems for precise coating application and consumption control

• Growing demand from the renewable energy sector for large, high-integrity castings

Get Full Report Here: Foundry Coating Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials to the global foundry industry—they are driving the technological advancement that enables the production of stronger, lighter, and more complex metal components for the world’s most demanding applications.