The price impact of falling European gas prices and rising global oil demand on ceramic foundry sand

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Natural gas prices have fallen further in Europe as a spell of warm weather delays the heating season, providing some respite for a regional economy on the brink of recession. The mild weather is likely to extend into the month, with forecasters Maxar Technologies LLC and Marex not expecting cold weather in November.

This is a relief for consumers worried about heating costs and governments keen to ensure healthy gas reserves are maintained for as long as possible. "October's record heat has already reduced weather-related demand by 10 per cent," JPMorgan analysts said. The bank cut its gas price forecast for the fourth quarter, reflecting the current glut of supply but assuming a return to normal weather in December.

According to the World Oil Outlook 2045 released by OPEC on Tuesday, global oil demand will increase by more than 10 per cent by 2027 compared to 2021 and by more than 13 per cent by 2045, Anadolu News said.

Opec forecasts that global primary energy demand will increase to 351 million barrels of oil equivalent per day by 2045, up 23% from 2021 levels.

"With strong policy support and falling costs over the long term, other renewables, primarily wind and solar, are the fastest growing and largest category in the energy mix, adding 31 million BPD over the outlook period. Natural gas is expected to increase by 19 million BPD, followed by oil at just over 12 million BPD."

Market trend of ceramic sand ceramic foundry sand

The global market sales of foundry ceramic sand reached US $180 million in 2021 and are expected to reach US $270 million in 2028, with an annual compound growth rate (CAGR) of 5.4% (2022-2028).

The main ceramic foundry sand global foundry ceramic sand manufacturers are CARBO Ceramics, Itochu Ceratech, Luoyang Kailin casting materials, King Kong New Materials, Sanmenxia strong Core Foundry Materials Co., Ltd., the top five global foundry ceramic sand manufacturers occupy more than 74% market share.

At present, Asia-Pacific is the world's largest market for foundry ceramic sand, accounting for about 53% of the market share, followed by Europe and North America, with a combined share of nearly 40%.

This report studies the production ceramic foundry sand capacity, output, sales volume, sales volume, price and future trend of foundry ceramic sand in the global and Chinese markets.

This paper focuses on the product characteristics, product specifications, price, sales volume, sales revenue and market share of the major manufacturers in the global and Chinese markets.

The historical data are from 2017 to 2021 and the forecast data ceramic foundry sand are from 2022 to 2028.

What is ceramic sand? The ceramic foundry sand introduction

Ceramic sand is mainly processed by zirconia and is widely used in the "polishing strengthening" of aviation, ship, automobile, machinery and other metal parts; the "sandblasting finishing" of metal, plastic and other workpieces; the "cleaning and polishing" of the inner and outer walls of steel pipes and copper pipes; the "vibration polishing" of precious metal jewelry and small metal parts; and the "grinding and dispersion" of liquid and solid materials in chemical, pharmaceutical, food and other industries.

The unique ceramic foundry sand physical and chemical properties of ceramic sand make it play an important role in aviation, aerospace, electronics, machinery and the rapidly developing IT industry, especially its internal molecular chain structure, crystal form and lattice change law, so that it has high temperature resistance, low coefficient of thermal expansion, high insulation, corrosion resistance, piezoelectric effect, resonance effect and unique optical properties.

Application Field of Ceramic Sand

The unique physical and chemical properties of ceramic foundry sand ceramic sand make it play an important role in aviation, aerospace, electronics, machinery and the rapidly developing IT industry, especially its internal molecular chain structure, crystal form and lattice change law, so that it has high temperature resistance, low coefficient of thermal expansion, high insulation, corrosion resistance, piezoelectric effect, resonance effect and unique optical properties.

Playing a more and more important role in many high-tech products.

When blasting ceramic sand to remove rust metal, it should be treated by cooling device and oil-water separator to better ensure that it is dry and oil-free; the oil-water separator needs to be cleaned regularly.

The distance between the sprinkler and the surface of base steel should be 100-300mm, and the non-sandblasting parts should be shielded before sandblasting.

The angle between the spraying direction and the surface normal of the base metal is 15 °~ 30 °.

After the ceramic sand blasting process, if Rain Water or other conditions leading to the wet surface of the base steel are encountered before the next step, wipe the surface moisture with a desiccant after the environment reaches the construction conditions.

Compressed air.

For construction, if sandblasting is needed, the abrasive requirement should not be reduced so as not to reduce the roughness.

When sandblasting, the nozzle should not stay in one place for a long time.

In sandblasting operation, sporadic operations should be avoided, but the spraying area should not be too large.

The time interval between the coating or thermal spraying process and the surface pretreatment process should be considered.

Use manual or power tools to remove rust on parts that are difficult to sandblast with sandblasting machines.

After the completion of the ceramic sand technology of the sandblasting material, the sandblasting site should be checked first, and then the cleanliness and roughness of the base steel surface should be checked.

The parts that are not easy to spray should be inspected, and the requirement of removing rust by hand or power tools can be reduced appropriately.

Price trend of ceramic sand -ceramic foundry sand price

Under the influence of ceramic foundry sand the Fed's interest rate hike, commodity pressure has increased, while the downward volatility of international crude oil at the cost side and weak support on the demand side are also key factors dragging down the fall in chemicals. In August, the demand stimulus policy has been further strengthened, and the demand for some raw materials is expected to improve. The high supporting factors of global energy prices remain under the impact of the superimposed supply chain, and the decline in the chemical market is expected to narrow gradually in August.

First, under the global ceramic foundry sand tightening policy, the downward pressure on chemicals has increased. Affected by the increase in interest rates by the Federal Reserve, people in the industry are generally more worried about the economic recession. under the guidance of market pessimism, the external quotations of most chemical products have been continuously lowered.

Second, raw materials such as international oil prices have fallen sharply, weakening the cost support for chemicals and dragging down the market atmosphere at the same time. Take crude oil as an example, ceramic foundry sand the oil price showed an resistant decline during the month, although the supply side was still limited to support the fundamentals of oil prices, but the European Central Bank followed the Federal Reserve to raise interest rates aggressively, and the macro pressure did not abate. during the month, the fall in oil prices weakened support for the cost side of chemicals.

Third, supply is strong and demand is weak, and the impact on the supply and demand side is gradually strengthened. The supply side is generally loose. On the one hand, the gradual release of new production capacity has increased the supply of some chemicals.

On the other hand, since the second quarter, non-market factors have suddenly occurred and economic growth at home and abroad has slowed down. Sales of most chemicals are not smooth and inventory continues to accumulate. The demand side recovers slowly, and the consumption of chemicals increases slowly. Under the care of the ceramic foundry sand demand stimulus policy, the terminal industry has gradually recovered, superimposed various stable growth policies have been gradually strengthened, and the overall performance of the demand side is cautious and optimistic, but the growth of real demand still needs a certain period of time. Overall, the demand side still has a negative impact on the price of chemical products.

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