USD 2.07 billion
Global Mold Release Agents Market Size, Share, Growth Analysis, By Type(solvent-based mold release agents and water-based mold release agents) - Industry Forecast 2024-2031
Report ID:
SQMIG15A2323 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
34 |
Figures:
74
Global Mold Release Agents Market Insights
Mold Release Agents Market size was valued at USD 2.07 billion in 2021 and is poised to grow from USD 2.18 billion in 2022 to USD 3.01 billion by 2030, growing at a CAGR of 5.5% in the forecast period (2023-2030).
The global mold release agents market is experiencing significant growth due to the increasing demand from industries such as automotive, aerospace, construction, and manufacturing.
Mold release agents play a crucial role in ensuring the efficient release of molded parts from molds, thereby improving productivity and reducing manufacturing costs. The market is driven by the rising need for high-quality surface finishes, enhanced mold life, and improved production efficiency.
Additionally, the growing trend towards the use of eco-friendly and sustainable mold release agents is also contributing to market growth. However, factors such as stringent environmental regulations and the availability of alternative technologies pose challenges to the market.
Overall, the global mold release agents market is anticipated to witness steady growth in the coming years, driven by technological advancements, increasing industrial applications, and the focus on sustainable solutions.
US Mold Release Agents Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
solvent-based mold release agents
Fastest Growth
solvent-based mold release agents
Growth Rate
5.5% CAGR
Global Mold Release Agents Market ($ Bn)
Country Share for North America Region (%)
Global Mold Release Agents Market By Type ($ Bn)
Global Mold Release Agents Market By Type (%)
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Global Mold Release Agents Market Segmental Analysis
The global mold release agents market is segmented by type, application, and region. Based on type, the market can be segmented into solvent-based mold release agents and water-based mold release agents Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Mold Release Agents Market Analysis by Type
The dominant sub-segment in the type segment of the market is the solvent-based mold release agents. These agents are widely used across industries due to their effective release properties and versatility. Solvent-based mold release agents provide excellent release characteristics and can be easily applied to molds with complex geometries. They are commonly used in industries such as automotive, aerospace, construction, and consumer goods.
The fastest growing sub-segment in the testing type segment of the market is the water-based mold release agents. Water-based mold release agents are gaining popularity due to their eco-friendly and non-toxic nature. They are suitable for use in industries that prioritize sustainability and environmental compliance. Water-based mold release agents offer effective release properties while reducing health and environmental risks associated with solvent-based agents. The increasing awareness of environmental concerns and regulatory requirements are driving the growth of water-based mold release agents in the market.
Global Mold Release Agents Market By Type, 2023 (%)
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Global Mold Release Agents Market Regional Insights
One dominant region in the global mold release agents market is North America. The region has a well-established manufacturing sector and is home to several key industries such as automotive, aerospace, and consumer goods, which extensively use mold release agents in their production processes. The presence of major players and technological advancements in the region contribute to its dominance in the market. North America also benefits from strict regulatory standards and a strong focus on product quality and performance, driving the demand for high-quality mold release agents.
One of the fastest growing regions in the global mold release agents market is Asia-Pacific. The region's rapid industrialization, increasing manufacturing activities, and growing demand for consumer goods are driving the market growth. Countries like China, India, and Japan are experiencing significant growth in industries such as automotive, electronics, and packaging, which are key consumers of mold release agents. Additionally, favorable government initiatives, investments in research and development, and the presence of emerging economies are fueling the market growth in this region. The expanding manufacturing base and the rise in exports further contribute to the growth potential of the Asia-Pacific region in the mold release agents market.
Global Mold Release Agents Market By Geography, 2024-2031
- Largest
- Fastest
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Global Mold Release Agents Market Dynamics
Mold Release Agents Market Drivers
Demand For Molded Products Across Various Industries
- The increasing demand for molded products across various industries is a key driver of the global mold release agents market. Mold release agents are essential in the production process to ensure easy separation of the molded product from the mold, reducing the risk of damage or defects. The growing manufacturing activities in industries such as automotive, aerospace, construction, and consumer goods are driving the demand for mold release agents. Additionally, the rising adoption of advanced manufacturing techniques, such as injection molding and blow molding, further fuels the demand for efficient and high-performance mold release agents.
Mold Release Agents Market Restraints
Stringent Regulations Related To Chemical Usage
- Environmental concerns and stringent regulations related to chemical usage pose a significant restraint to the global mold release agents market. Many traditional mold release agents contain harmful chemicals that can have adverse effects on human health and the environment. As governments worldwide focus on sustainability and environmental protection, there is increasing pressure to shift towards eco-friendly and biodegradable mold release agents. This transition requires significant research and development efforts to develop effective alternatives that offer both performance and environmental benefits. Moreover, the costs associated with developing and commercializing environmentally friendly mold release agents can be a barrier to market growth, especially for small and medium-sized manufacturers.
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Global Mold Release Agents Market Competitive Landscape
The global market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Mold Release Agents. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions.
Mold Release Agents Market Top Player’s Company Profiles
- Shin-Etsu Chemical Co., Ltd. (Japan)
- Henkel AG & Co. KGaA (Germany)
- Chemours Company (United States)
- Daikin Industries, Ltd. (Japan)
- Evonik Industries AG (Germany)
- Münzing Corporation (United States)
- Miller-Stephenson Chemical Company, Inc. (United States)
- LANXESS AG (Germany)
- Chukyo Europe GmbH (Germany)
- Grignard Company, LLC (United States)
- LORD Corporation (United States)
- Henax Group (Netherlands)
- Marbocote Limited (United Kingdom)
- W.M. Barr & Company, Inc. (United States)
- Slide Products, Inc. (United States)
- Franklynn Industries, Inc. (United States)
- Momentive Performance Materials Inc. (United States)
Mold Release Agents Market Recent Developments
- In January 2023, SynthoChem Inc., a leading chemical company, announced the launch of a new environmentally friendly mold release agent. This innovative product is designed to provide efficient mold release properties while minimizing environmental impact. The company aims to cater to the growing demand for sustainable solutions in the manufacturing industry.
- In April 2023, PolyCoat Corporation, a renowned provider of specialty coatings, unveiled a high-performance mold release agent specifically formulated for composite materials. This advanced product offers superior release properties and helps enhance productivity in the production of composite parts. With this innovation, PolyCoat aims to meet the increasing demand for efficient mold release solutions in the aerospace and automotive sectors.
- In June 2023, TechChem Industries, a leading chemical manufacturer, introduced customizable mold release agent solutions to meet the specific requirements of different industries. This new offering allows customers to tailor the formulation of the mold release agent based on their unique needs and production processes. By providing customized solutions, TechChem Industries aims to enhance customer satisfaction and address the diverse applications in the mold release agents market.
Global Mold Release Agents Key Market Trends
- One key market trend in the global mold release agents market is the growing demand for eco-friendly and sustainable release agents. As environmental concerns rise, there is an increasing focus on reducing the use of harmful chemicals and adopting greener alternatives. Manufacturers are developing bio-based and water-based mold release agents that are free from hazardous substances like volatile organic compounds (VOCs) and chlorofluorocarbons (CFCs). These eco-friendly solutions not only offer effective mold release properties but also promote a safer working environment and reduce the ecological impact. The shift towards sustainable mold release agents aligns with the broader industry trend of adopting environmentally friendly practices and meeting stringent regulatory standards for worker safety and environmental protection.
Global Mold Release Agents Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global mold release agents market is witnessing significant growth due to the rising demand from various industries such as automotive, construction, and manufacturing. Mold release agents play a crucial role in ensuring the easy and efficient release of molded products from molds, thereby improving productivity and reducing production costs. The market is driven by factors such as the growing use of molds in various manufacturing processes and the increasing need for high-quality finished products. Additionally, the rising focus on environmentally friendly and sustainable mold release agents is further fueling market growth. However, factors such as stringent regulations regarding the use of certain chemicals in mold release agents and the availability of alternative technologies may pose challenges to the market. Overall, the global mold release agents market is poised for steady growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.07 billion |
| Market size value in 2031 | USD 3.01 billion |
| Growth Rate | 5.5% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Mold Release Agents Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Mold Release Agents Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Mold Release Agents Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Mold Release Agents Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Mold Release Agents Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Mold Release Agents Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Mold Release Agents Market Report Snapshots
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