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 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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. With the use of various techniques such as blow molding, injection, compression, extrusion, manufacturers are able to make variety of products with same shape in a less time.
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Competitive Analysis: Global Mold Release Agents Market
The global mold release agents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mold release agents market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Mold Release Agents Market
Some of the major players operating in the global mold release agents market 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.
Market Segmentation: Global Mold Release Agents Market
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.
- Based on geography, the global mold release agents market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Major Market Drivers and Restraints:
- 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
- Increasing governmental Regulations
- Fluctuating raw material prices
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