#foundrymaterials

[xingye-materials]

Happy Chinese New Year, may the Year of the Dragon bring you all the best!

[market-insider]

High Purity Pig Iron Market's Integral Role in Elevating Steel Quality Standards

The global high purity pig iron market size is expected to reach USD 17.09 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 8.5% over the forecast period. Investments in wind power generation are expected to benefit the industry growth from 2022 to 2030. HPPI is the principal raw material used in the production of nodular cast iron components, which are deployed in industries, such as wind energy, automotive & transportation, etc. Increasing emissions and limited potential for fossil fuels have led to the focus on energy production from renewable sources, such as wind and solar. HPPI finds applications in different wind turbine components, such as rotors, shafts, frames, and blades among others.

High Purity Pig Iron Market Report Highlights

The energy application segment is projected to register the fastest CAGR over the forecast period. A shift towards renewable energy is anticipated to promote the usage of nodular cast iron components and benefit HPPI demand

Automotive & transportation was the largest application segment in 2021. Investments for new plants and capacity additions are projected to boost the demand for HPPI products in casting parts

Asia Pacific was the leading region in 2021 due to offshore wind projects and industrial production in China, India, and Japan

India is anticipated to register a lucrative growth rate, in terms of revenue, over the forecast period due to the growing focus on domestic manufacturing to cater to the growing demand from various end-use industries

For More Details or Sample Copy please visit link @: High Purity Pig Iron Market Report

China, a leader in wind energy installations, aims to double its wind and solar capacity by 2025. The pollution levels are also high in China compared to other countries around the world, therefore it is necessary to increase renewable power generation. As per the central economic plan of the country, nearly 33% of power supply will come from renewable sources by 2025, an increase from 29% in 2020. Recently, Siemens Gamesa Renewable Energy received an order for 14 offshore wind turbines from a Green Power Investment firm in Japan. This Ishikari offshore project is likely to produce 112 MW of wind energy wherein installations are planned to start in July 2023. The turbines have ClassNK certification ensuring stringent technical standards. Similar investments in wind energy are expected to provide a boost to the HPPI products demand.

Automotive & transportation is a key application segment, wherein nodular cast iron components made using HPPI are used. This segment is likely to register a growth of 8.3%, in terms of revenue, from 2022 to 2030. A rise in the production capacities for vehicles is projected to attract the demand for HPPI products. For instance, Kia Motors in India is expected to increase its production capacity to 400,000 units by the end of 2022. Increasing utilization of steel scrap in foundries, especially in China, is projected to remain a favorable factor for the industry players. The increasing shift towards electric furnaces compared to blast furnaces requires high purity iron to reduce the impurities in the melt. This is anticipated to benefit in the reduction of carbon emissions and, thus, protect the environment.

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[xingye-materials]

Happy Mid-Autumn Festival & 74th National Day! Xingye Materials wish you a wonderful holiday with your families.

[xingye-materials]

Hello November! Our product range includes No-bake Furan Resin & Sulfonic Acid Catalyst, Alkaline Phenolic Resin & Organic Ester Hardener, Cold Box Resin & Phenolic Urethane Resin, Foam Ceramic Filter & Feeder Sleeve, Inoculant & Nodulant etc.

[xingye-materials]

Happy China National Day! Xingye Materials wish you a wonderful holiday with your families.

[xingye-materials]

SINYE booth on The 20th China International Foundry Expo (Metal China). Booth No.: 4.1C01 Date: 19-21th Sep., 2022. Shanghai National Exhibition and Convention Center Add.: No. 333, Songze Avenue, Qingpu District, Shanghai, China.

[xingye-materials]

Happy Mid-Autumn Festival! Xingye Materials wish you a wonderful holiday with your families！

[xingye-materials]

SINYE Neck-down Exothermic-insulating Riser Sleeves More pieces of casting or heavier casting could be produced from the equivalent metal liquid, or the melting quantity of metal liquid could be reduced. Moulds' volume of casting could be decreased or quantity of casting could be increased from the equivalent weight of casting, save the cost of foundry materials.

[xingye-materials]

The 2021 World Foundry Organization International Forum on Modeling Materials and Technology was held in Shenyang on 21-22 October. Dr. Song Huizong from SINYE was invited to give a report entitled "New Technology and Development Trends of Casting Coatings in the Automobile Industry" at the forum.

[xingye-materials]

SINYE Water-based Coating Excellent thixotropy and leveling property, tight and smooth coating layer, adequate room temperature and high temperature strength, guarantees the quality of the casting roughness. Low gas emission, proper shielding properties, reduces the air hole defects on the casting. The coating and its layer will separate automatically, decrease the cleaning work on the castings.

[xingye-materials]

SINYE No-bake Phenolic Urethane Resin binder system consists of three parts: Part I Phenolic Resin, Part II Polymeric Isocyanate, Part Ⅲ Curing Agent. It is suitable for steel, iron and nonferrous castings, and it has excellent quality records on these castings.

[xingye-materials]

SINYE Neck-inclined Exothermic-insulating Riser Sleeves More pieces of casting or heavier casting could be produced from the equivalent metal liquid, or the melting quantity of metal liquid could be reduced. Moulds' volume of casting could be decreased or quantity of casting could be increased from the equivalent weight of casting, save the cost of foundry materials.

[xingye-materials]

SINYE A-type Cylindrical Exothermic-insulating Riser Sleeves More pieces of casting or heavier casting could be produced from the equivalent metal liquid, or the melting quantity of metal liquid could be reduced. Moulds' volume of casting could be decreased or quantity of casting could be increased from the equivalent weight of casting, save the cost of foundry materials.

[xingye-materials]

SINYE Silicon Carbide Ceramic Foam Filter is suitable for the purification of ductile iron, gray iron, malleable iron and all types of high or low iron alloys, as well as copper alloys and aluminum alloys.

[xingye-materials]

Happy Malaysia Independence Day!

[xingye-materials]

Suzhou Xingye Materials Technology Nantong Co., Ltd. is the subsidiaries of SINYE Group, which mainly manufacture and supply Phenolic Resin and foundry functional materials in China.