The UK market for prepared binders for foundry moulds or cores is set to experience a steady decline in volume from 2024 to 2028, dropping from 93.655 million kilograms to 85.807 million kilograms. Compared to its position in 2023, this decline reflects negative year-on-year variation, with a shrinking compound annual growth rate (CAGR) over the five-year forecast period.

Future trends to watch for include:

Potential shifts in industry demands and technological advancements that may impact binder formulations and applications.
Regulatory changes affecting manufacturing standards in the foundry industry, potentially influencing binder use.
Emerging sustainability trends pushing for greener binders as the sector adapts to environmental concerns.