Mold Release Agents Market worth $2.9 billion by 2029
The report "Mold Release Agents Market by Type (Water-based, Solvent-based), Application (Die-casting, Rubber Molding, Plastic Molding, Concrete, PU Molding, Wood Composite & Panel Pressing, Composite Molding, Others), & Region - Global Forecast to 2029", is estimated at USD 2.2 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 6.1%.
Browse 268 market data Tables and 54 Figures spread through 254 Pages and in-depth TOC on "Mold Release Agents Market by Type (Water-based, Solvent-based), Application (Die-casting, Rubber Molding, Plastic Molding, Concrete, PU Molding, Wood Composite & Panel Pressing, Composite Molding, Others), & Region - Global Forecast to 2029"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/mold-release-agents-market-39429520.html
The mold release agents find extensive use in diverse industries, including manufacturing, construction, and automotive. The seamless removal of molded components from molds, the avoidance of damage and faults, and the improvement of production process efficiency rely on mold release agents. The combination of industrial growth, technological advancements, regulatory pressures, and the need for efficient manufacturing processes are expected to drive the mold release agents market.
Solvent-based mold release agents are the second-largest mold release agents material in mold release agents market.
The solvent-based mold release agents have been preferred due to their high efficiency in assuring seamless mold release processes. These formulations often exhibit superior lubricity and provide a reliable release, reducing the risk of defects and ensuring high-quality surface finishes on molded products. The broad applicability and the ability to function well in a broad range of temperatures and conditions of solvent-based mold release agents also contribute to their substantial market share.
PU molding is projected to be the fastest-growing application of the mold release agents market, in terms of value, during the forecast period.
Polyurethane is a highly adaptable polymer that finds extensive application in a wide range of sectors, owing to its unique combination of qualities, including flexibility, durability, and resistance to chemicals and abrasion. These characteristics make PU an ideal material for a multitude of applications. As industries continue to leverage the benefits of polyurethane in their manufacturing processes, the demand for high-performance mold release agents that can optimize PU molding will continue to rise, solidifying its position as a key segment in the mold release agents market.
Asia Pacific is projected to be the fastest growing market for mold release agents during the forecast period
Asia Pacific accounts for the largest share and is projected to dominate the mold release agents market during the forecast period. This dominance is due to its vast industrial base, growing population, and developing industrial skills in the emerging economies like China, India, and South Korea. The shift in the population drives up the demand for consumer goods, automobiles, and electronics, which in turn drives up demand for the industrial processes that use mold release agents.
The key players profiled in the report include Freudenberg Group (Germany), Daikin Industries, Ltd. (Japan), Henkel AG & Co. KGaA (Germany), LANXESS AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Dow Inc. (US), Michelman, Inc. (US), Marbocote Ltd (UK), McGee Industries, Inc. (US), Miller-Stephenson, Inc. (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Mold Release Agents Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
