This market report defines the market trends and forecast the upcoming opportunities and threats of the mold release agents market in the next 8 years. Mold release agents is defined as component used to shape and prevent different material from bonding to surface. It is beneficial for solving various processes which include adhesive release, mold release, die-cast release, plastic release, tire release and web release. Various type of molds are used for the production of mold release agent, for example metals react with lubricants differently than polymers, so different parting agents must be used. They are allergenic chemical and dangerous in workplace and environment safety, so many mold release agent are made to be odourless and hypoallergenic. They are widely applicable in casting, rubber, concrete, plastic, food processing papers, and others.
The Global Mold Release Agents Market is expected to reach USD 2.7 billion by 2025, from USD 1.4 billion in 2017 growing at a CAGR of 7.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2019 to 2026.
This Market report provides with CAGR value fluctuation during the forecast period of 2019-2026 for the market. The report provides wide-ranging statistical analysis of the market’s continuous positive developments, capacity, production, production value, cost/profit, supply/demand and import/export.
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Major Key players profiled in this report are:
Chem-Trend L.P., michelman, inc, McGee Industries, Inc., Cresset Chemical, Henkel AG & Co. KGaA, Wacker Chemie AG, Marbocote Ltd, Grignard Company, LLC, SISIB SILICONE, CHUKYO Europe GmbH, Croda International Plc, Thomson Reuters, Thomson Reuters, R. P. Morrison Company, Kimberlite Softwares Pvt. Ltd. Aerol Formulations Private Limited., RNTT Pty Ltd. ITW Fluids North America, The Dow Chemical Company, and others.
Major Market Drivers:
- Increased use of mold release agents in various applications
- High demand from construction and automotive industries
- Increases the output by multiple times
- Reduces operational cost
- High adoption of non-stick coating
The global mold release agents market is segmented based on material type, product, application, and geographical segments.
Based on material type, the global mold release agents market is segmented into material type water based, solvent based, and others.
Based on product type, the global mold release agents market is segmented into external, internal, and semi-permanent.
On the basis of application, the global mold release agents market is classified in casting, rubber, concrete, plastic, food processing papers, and others.
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