Skip to main content
Release Coating Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Release Coating Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Nov 2023 158 Pages SKU: IRTNTR76752

Market Overview at a Glance

$121.39 Mn
Market Opportunity
6.76%
CAGR
6.6
YoY growth 2023-2024(%)

Release Coating Market 2024-2028 

The release coating market size is estimated to grow at a CAGR of 6.76% between 2023 and 2028. The market size is forecast to increase by USD 121.39 million . Several factors play a crucial role in the market's growth, such as the rising popularity of digital label printing and mechanical flexographic printing, the growing demand for solventless coatings, and the increasing focus on efficiency and cost-effectiveness in end-user industries. 

The report includes a comprehensive outlook on the Release Coating Market, offering forecasts for the industry segmented by Material (silicone, non-silicone). Additionally, it categorizes Application (labels, tapes, hygiene, industrial and others) and covers Geography regions, including North America, APAC, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the size of the Release Coating Market During the Forecast Period?

Release Coating Market Size

For More Highlights About this Report, Download Free Sample in a Minute 

Release Coating Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Release Coating Market Driver

The rising popularity of digital label printing and mechanical flexographic printing is the key factor driving market growth. Digital label printing and mechanical flexographic printing methods offer advantages in terms of efficiency, customization, and cost-effectiveness, driving their adoption in various industries. Digital label printing, also known as digital printing or digital offset printing, is a printing process that involves the direct transfer of digital images from a computer onto a label substrate.

Furthermore, the mechanical flexographic printing process uses flexible polymer printing plates wrapped around rotating cylinders to transfer ink onto a label substrate. Flexo printing offers advantages such as high-speed production, excellent print quality, and the ability to print on various types of substrates, including paper, film, and foil. Thus, these factors are expected to boost the demand for release coatings, which will drive the growth of the market during the forecast period.

Key Release Coating Market Trends

The emergence of nanotechnology in release coatings for enhanced performance is the primary trend shaping market growth. Nanotechnology has contributed to enhanced performance and efficiency in release coatings by offering superior properties at the nanoscale level. One of the key advantages of nanotechnology in release coatings is the ability to achieve precise control over coating thickness and uniformity. Nanoscale particles can be dispersed evenly in the coating formulation, resulting in a smoother and more consistent coating layer on the surface. 

Moreover, nanotechnology-based release coatings also offer enhanced thermal stability and resistance to high temperatures. Additionally, nanotechnology allows for the incorporation of functional additives into release coatings, further enhancing their performance. Therefore, such factors are expected to drive the growth of the global release coating market during the forecast period.

Key Release Coating Market Challenge

Stringent environmental regulations and policies on release coatings is a challenge that affects market growth. Governments and regulatory bodies across the globe have implemented strict measures to protect the environment, promote sustainability, and reduce the adverse impacts of release coatings on human health and the ecosystem. One of the main objectives of stringent environmental regulations is to reduce the release of VOCs into the atmosphere. VOCs are chemicals that can vaporize and contribute to air pollution when released during the application, curing, and use of release coatings. 

Furthermore, environmental regulations promote the use of sustainable and eco-friendly practices in the release coatings industry. There is a growing focus on the development and utilization of renewable resources, bio-based materials, and environmentally friendly alternatives. Manufacturers are encouraged to explore and adopt more sustainable raw materials and production processes that have minimal environmental impacts. Thus, such factors are expected to negatively impact the growth of the market in focus during the forecast period.

Release Coating Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Release Coating Market Share by Geography

Global Release Coating Market Customer Landscape

Who are the Major Release Coating Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Duraco Inc.: The company offers silicone release coating under its brand SYL OFF.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Dow Chemical Co.
  • Elkem ASA
  • Endura Coatings
  • Evonik Industries AG
  • HITAC ADHESIVES and COATINGS
  • Inteplast Group
  • Jain Chem Ltd.
  • Mayzo Inc.
  • Momentive Performance Materials Inc.
  • OMNOVA Solutions Inc.
  • PPG Industries Inc.
  • Product Release Europe Ltd
  • Resil Chemicals Pvt. Ltd.
  • Shin Etsu Chemical Co. Ltd.
  • SILIBASE SILICONE
  • SJA Film Technologies Ltd
  • Wacker Chemie AG
  • Synthomer Plc
  • A and A Thermal Spray Coatings

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Release Coating Market?

The silicone segment is estimated to witness significant growth during the forecast period. Silicon plays an important role in the global release coating market due to its excellent release properties, high-temperature resistance, and substrate compatibility. Silicones offer high-temperature resistance, making them suitable for applications where release coatings are exposed to elevated temperatures during processing or operation.

Release Coating Market Size

Get a glance at the market contribution of various segments Download the PDF Sample

The silicone segment was the largest segment and was valued at  USD 150.17 million in 2018. Silicone-based release coatings create a smooth and non-sticky surface, allowing materials to separate easily without damage or residue. This is particularly important in industries where the release of delicate or complex parts is necessary, such as in moldings, castings, or laminations. In addition, the use of silicones in release coatings significantly improves production efficiency, reduces scrap rates, and enhances product quality. Hence, such advantages are expected to boost the demand for silicon, which will drive the growth of the market during the forecast period.

Which are the Key Regions for the Release Coating Market?

Release Coating Market Share by Geography

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. With a strong presence in industries that depend on release coatings for their manufacturing processes. North America holds a significant share of the global release coating market. The regional demand for release coatings is driven by various factors, including the robust manufacturing sector, technological advancements, and stringent regulations.

In addition, North America's commitment to technological advancements plays an important role in the growth of the release coatings market. Furthermore, North American companies actively seek sustainability and eco-friendly practices, driving the demand for reusable or recyclable release coatings. Thus, such factors are expected to increase the demand for release coatings, which will propel the growth of the market during the forecast period.

In 2020, the COVID-19 pandemic negatively affected the release coating market in North America. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Furthermore, increasing manufacturing activities in the various end-user industries have propelled the demand for release coatings, which will fuel the growth of the regional release coating market during the forecast period.

Segment Overview

The release coating market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Material Outlook 
    • Silicone
    • Non-silicone
  • Application Outlook 
    • Labels
    • Tapes
    • Hygiene
    • Industrial and others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Release Coating Market Scope

Report Coverage

Details

Page number

158

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.76%

Market Growth 2024-2028

USD 121.39 million

Market structure

Fragmented

YoY growth 2023-2024(%)

6.6

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, India, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Dow Chemical Co., Duraco Inc., Elkem ASA, Endura Coatings, Evonik Industries AG, HITAC ADHESIVES and COATINGS, Inteplast Group, Jain Chem Ltd., Mayzo Inc., Momentive Performance Materials Inc., OMNOVA Solutions Inc., PPG Industries Inc., Product Release Europe Ltd, Resil Chemicals Pvt. Ltd., Shin Etsu Chemical Co. Ltd., SILIBASE SILICONE, SJA Film Technologies Ltd, Wacker Chemie AG, Synthomer Plc, and A and A Thermal Spray Coatings

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Release Coating Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

Interested in this report?

Get your sample now to see our research methodology and insights!

Download Now

Frequently Asked Questions

Release Coating market growth will increase by $ 121.39 mn during 2024-2028.

The Release Coating market is expected to grow at a CAGR of 6.76% during 2024-2028.

Release Coating market is segmented by Material( Silicone, Non-silicone) Application( Labels, Tapes, Hygiene, Industrial and others)

Dow Chemical Co., Duraco Inc., Elkem ASA, Endura Coatings, Evonik Industries AG, HITAC ADHESIVES and COATINGS, Inteplast Group, Jain Chem Ltd., Mayzo Inc., Momentive Performance Materials Inc., OMNOVA Solutions Inc., PPG Industries Inc., Product Release Europe Ltd, Resil Chemicals Pvt. Ltd., Shin Etsu Chemical Co. Ltd., SILIBASE SILICONE, SJA Film Technologies Ltd, Wacker Chemie AG, Synthomer Plc, A and A Thermal Spray Coatings are a few of the key vendors in the Release Coating market.

North America will register the highest growth rate of 35% among the other regions. Therefore, the Release Coating market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

US, China, India, Germany, UK

  • Rising popularity of digital label printing and mechanical flexographic printingDigital label printing and mechanical flexographic printing are gaining increasing popularity in the global release coating market. These printing methods offer advantages in terms of efficiency is the driving factor this market.
  • customization is the driving factor this market.
  • and cost-effectiveness is the driving factor this market.
  • driving their adoption in various industries. Digital label printing is the driving factor this market.
  • also known as digital printing or digital offset printing is the driving factor this market.
  • is a printing process that involves the direct transfer of digital images from a computer onto a label substrate. This method eliminates the need for traditional printing plates is the driving factor this market.
  • making it a more cost-efficient and time-saving solution. Digital printing offers high-quality and precise printing results is the driving factor this market.
  • allowing for intricate designs is the driving factor this market.
  • vibrant colors is the driving factor this market.
  • and sharp details. Additionally is the driving factor this market.
  • it enables variable data printing is the driving factor this market.
  • meaning that each label can be personalized with unique information is the driving factor this market.
  • such as barcodes or QR codes. This makes digital printing suitable for applications where customization and individualized labeling are required is the driving factor this market.
  • such as product packaging is the driving factor this market.
  • promotional campaigns is the driving factor this market.
  • and event labeling. Furthermore is the driving factor this market.
  • digital label printing allows for quick setup and minimal waste is the driving factor this market.
  • reducing production time and material costs. Overall is the driving factor this market.
  • the popularity of digital label printing is increasing due to its flexibility is the driving factor this market.
  • speed is the driving factor this market.
  • and ability to deliver high-quality and customized labels. Mechanical flexographic printing is the driving factor this market.
  • also known as flexo printing is the driving factor this market.
  • is another popular method in the release coating market. This printing process uses flexible polymer printing plates wrapped around rotating cylinders to transfer ink onto a label substrate. Flexo printing offers advantages such as high-speed production is the driving factor this market.
  • excellent print quality is the driving factor this market.
  • and the ability to print on various types of substrates is the driving factor this market.
  • including paper is the driving factor this market.
  • film is the driving factor this market.
  • and foil. This versatility makes flexo printing suitable for a wide range of applications is the driving factor this market.
  • including product labels is the driving factor this market.
  • flexible packaging is the driving factor this market.
  • and corrugated boxes. Flexo printing is especially favored in large-scale label production as it allows for efficient and cost-effective printing of high volumes. The release coatings used in flexographic printing enhance ink transfer and release from the printing plates is the driving factor this market.
  • ensuring clean and precise printing results. With advancements in technology is the driving factor this market.
  • flexo printing has become more environmentally friendly is the driving factor this market.
  • with water-based inks and UV-curable inks replacing solvent-based inks. As a result is the driving factor this market.
  • flexo printing offers improved sustainability and compliance with environmental regulations. Thus is the driving factor this market.
  • the above-mentioned factors are expected to increase the demand for release coatings is the driving factor this market.
  • which will propel the growth of the market in focus during the forecast period. is the driving factor this market.

The Release Coating market vendors should focus on grabbing business opportunities from the Silicone segment as it accounted for the largest market share in the base year.