Mold Release Agents Market by Type, Application, and Geography - Forecast and Analysis 2020-2024

The mold release agents market size has the potential to grow by USD 455.58 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (water-based and solvent-based), application (die casting, rubber, concrete, plastics, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including ASK Chemicals GmbH, Chem-Trend LP, Chukyo Yushi Co. Ltd., Croda International Plc, Daikin Industries Ltd., Dow Inc., Henkel AG & Co. KGaA, Parker Hannifin Corp., Shin-Etsu Chemical Co. Ltd., and Wacker Chemie AG.

Market Overview

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Market Competitive Analysis

The mold release agents market is fragmented. Vendors focus on manufacturing products, which comply with the fluctuation of oil prices. Players in the market are concentrating on the expansion of production facilities and new product launches to increase their market share. Key players are operating in a highly competitive market. They have manufacturing facilities that are located around the world and operate these capacities through strategic partnerships. New capacities are being set up by the vendors to ensure proximity and easy access to the fast-growing markets such as China, and India. ASK Chemicals GmbH, Chem-Trend LP, and Chukyo Yushi Co. Ltd. are some of the major market participants.

Market drives such as the widespread applications of mold release agents will offer immense growth opportunities to vendors. However, factors such as the high adoption of non-stick coating will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this mold release agents market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this mold release agents market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• ASK Chemicals GmbH
• Chem-Trend LP
• Chukyo Yushi Co. Ltd.
• Croda International Plc
• Daikin Industries Ltd.
• Dow Inc.
• Henkel AG & Co. KGaA
• Parker Hannifin Corp.
• Shin-Etsu Chemical Co. Ltd.
• Wacker Chemie AG

Mold Release Agents Market: Segmentation by Geography

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APAC was the largest mold release agents market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The need for energy-efficient buildings and the increased consumption of release agents in the growing automotive and construction industries will significantly drive mold release agents market growth in this region over the forecast period.

35% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for mold release agents in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Mold Release Agents Market: Segmentation by Type

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Water-based mold release agents are less toxic, environment-friendly, and safer than solvent-based ones. These mold release agents rely on water as the primary component. The market growth of water-based release agents is due to the decrease in VOC content in release agents. The market for these mold release agents is expected to grow, posting the highest growth rate, as VOC emissions can be reduced by more than 75% by replacing solvent-based mold release agents with water-based ones. The high adoption of the water-based mold release agents can also be attributed to their excellent properties, such as high performance and eco-friendliness. This report provides an accurate prediction of the contribution of all the segments to the growth of the mold release agents market size.

Mold Release Agents Market: Key Drivers and Trends

The mold release agents market report identifies the wide application of mold release agents as one of the major factors that will have a positive impact on the growth of the market. The mold release agents are used in applications such as die-casting, plastics, food processing (especially in the bakery industry), rubber, concrete, and others. Additionally, the mold release agents are used in various end-user industries such as automotive, construction, and energy. The growing application of these agents will boost the market growth during the forecast period due to factors such as zero volatile organic compound (VOC) emission, low cost, eco-friendly nature, and emerging high performance. Our market research analysts predict that this market will grow at a CAGR of almost 6% during the forecast period.

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Mold Release Agents Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive mold release agents market growth during the next five years
• Precise estimation of the mold release agents market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the mold release agents industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of mold release agents market vendors

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