The global mold release agents market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028. The escalating demand for casting parts, rapid growth in the automotive industry, and the implementation of stringent government regulations represent some of the key factors driving the market.
Mold release agents refer to film-forming lubricating oils, waxes, fluids, or solid lubricants used to prevent a substrate from bonding to a molding surface. They are sprayed or applied to the mold surface before the substrate is cast. They work by forming a barrier between the substrate and the surface of the mold to eliminate adhesion between the two materials. Compared to permanent non-stick coatings, they are non-curing and usually require replenishment. They aid in avoiding mold damage and ensuring quick and easy release from the mold. They offer superior lubricating and cooling properties, high stability and effectiveness at high mold temperatures, corrosion resistance, and antibacterial properties. As a result, mold release agents find extensive applications across the die-casting and molding industries.
Mold Release Agents Market Trends:
The escalating product demand from the die casting and rubber molding applications represents one of the key factors driving the market growth. Besides this, the growing usage of mold release agents in tire production and the rising adoption of the die-casting technique for manufacturing metal body parts of vehicles have augmented the product demand. This is further strengthened by rapid growth in the automotive industry due to elevating vehicle sales across the globe. Additionally, there is a rise in the usage of mold release agents in the construction sector to prevent the adhesion of concrete or cement to mold or molding surfaces, including steel, aluminum, and plywood. In line with this, the increasing product usage in rubber molding, plastic molding, composite molding, polyurethane (PU) molding, wood composites, and panel pressing has catalyzed market growth. Furthermore, the implementation of stringent environmental regulations by governments of various nations to curb volatile organic compound (VOC) emissions has prompted leading manufacturers to develop eco-friendly mold release agents with low emission levels. This, in turn, is accelerating product sales. Apart from this, the rising construction of residential and commercial buildings, escalating demand for casting parts, heavy investments in infrastructure development, emerging PU applications, and rapid urbanization are some of the other factors creating a favorable outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global mold release agents market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product, type, and application.
The report has provided a detailed breakup and analysis of the mold release agents market based on the product. This includes water-based and solvents-based. According to the report, water-based represented the largest segment.
A detailed breakup and analysis of the mold release agents market based on the type has also been provided in the report. This includes external, internal, and semi-permanent. According to the report, external accounted for the largest market share.
- PU Molding
- Rubber Molding
- Composite Molding
- Plastic Molding
- Wood Composite and Panel Pressing
The report has provided a detailed breakup and analysis of the mold release agents market based on the application. This includes die-casting, PU molding, rubber molding, composite molding, plastic molding, concrete, wood composite and panel pressing, and others. According to the report, PU molding represented the largest segment.
- North America
- United Kingdom
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for mold release agents. Some of the factors driving the Asia Pacific mold release agents market included its expanding population, rising production and sales of automobiles, significant growth in the construction industry, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global mold release agents market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Ampacet Corporation, Chem-Trend L.P. (Freudenberg Chemical Specialities SE & Co. KG), Chukyo Yushi Co. Ltd., Daikin Industries Ltd., Dow Inc., Henkel Adhesives Technologies India Private Limited (Henkel AG & Co. KGaA), McGee Industries Inc., Michelman Inc., Miller-Stephenson Chemical Company Inc., Moresco Corporation, Rexco Inc., Shin-Etsu Chemical Co. Ltd., Sumico Lubricant Co. Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
||External, Internal, Semi-Permanent
||Die-Casting, PU Molding, Rubber Molding, Composite Molding, Plastic Molding, Concrete, Wood Composite and Panel Pressing, Others
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Ampacet Corporation, Chem-Trend L.P. (Freudenberg Chemical Specialities SE & Co. KG), Chukyo Yushi Co. Ltd., Daikin Industries Ltd., Dow Inc., Henkel Adhesives Technologies India Private Limited (Henkel AG & Co. KGaA), McGee Industries Inc., Michelman Inc., Miller-Stephenson Chemical Company Inc., Moresco Corporation, Rexco Inc., Shin-Etsu Chemical Co. Ltd., Sumico Lubricant Co. Ltd., etc.
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Key Questions Answered in This Report:
- How has the global mold release agents market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global mold release agents market?
- What is the impact of each driver, restraint, and opportunity on the global mold release agents market?
- What are the key regional markets?
- Which countries represent the most attractive mold release agents market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the mold release agents market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the mold release agents market?
- What is the breakup of the market based on application?
- Which is the most attractive application in the mold release agents market?
- What is the competitive structure of the global mold release agents market?
- Who are the key players/companies in the global mold release agents market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the mold release agents market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global mold release agents market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter’s five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the mold release agents industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.