Mold Release Agents Market are used to control the adhering of
molding surface and substrate. Mold Release Agents can be easily cooled and
poured directly into mold cavities, as an external release agents. Mold Release
Agent is formulated especially for mold making and casting, and works with most
liquid rubber and liquid plastic products. Mold release agents’ major use is to
release plastics, rubber, concrete, and different substrate.
Some of the prominent factors that positively influence the growth
of Mold Release Agent Market are increasing rubber production owing to the
rising automobile manufacturing units, rising demand for plastic products in
food processing and storing applications. Additionally, increasing construction
activities resulting in the use of mold release agents to prevent adhesion of
concrete to plywood or any metal surfaces. Increasing urbanization along with
rising per capita disposable income in developed and emerging economies are
predicted to drive the growth of the market over the forecast period, 2017 to
2023. Moreover, continuous expansion of paper packaging industry as well as
shifting manufacturers’ focus towards green packaging are estimated to fuel the
growth of the market during the review period, 2017 to 2023. However, growing
environmental concerns regarding the toxic effect of chemicals used in mold
release agent along with the implementation of strict regulations are predicted
to hinder the market growth over the assessment period, 2017 to 2023.
Industry Segmentation:
The Global Mold Release Agent Market is categorized based on type,
application, and region. Based on type, the market is bifurcated into solvent
based and water based. Based on application, the Mold Release Agent Market is
categorized into concrete, rubber, plastics, food processing, paper, and
others. On the basis of region, the market is categorized into Asia Pacific,
Europe, Latin America, North America, and the Middle East & Africa.
Regional
Analysis:
Asia Pacific is
estimated to be the largest Mold Release Agent Market followed by North America
and Europe due to strong existence of rubber raw materials. In Europe, Germany,
Russia, and Spain are predicted to register a strong growth on account of
tremendous demand for Mold Release Agents in paper packaging manufacturing. In
Asia Pacific, countries such as China, India, and South Korea are the fastest
growing market for Mold Release Agent, and is estimated to grow with the same
pace over the forecast period. Improving living standards along with the
flourishing growth of mold plastics sector is predicted to contribute to the
regional market growth. In North America, the U.S and Mexico are among the
major contributors in the regional market growth due to expansion and
renovation housing projects as well as increasing innovations. In South
America, Mexico is expected to register strong growth due to robust presence of
automobile manufacturers.
Global Key
Players:
·
Chem-Trend L.P.
·
Michelman, Inc.
·
Henkel AG & Co. KGaA
·
Wacker Chemie AG
·
Croda International plc
·
Daikin Industries, Ltd.
·
Shin-Etsu Chemical Co., Ltd.
·
Mcgee Industries Inc
·
Cresset Chemical Company
·
Grignard Company, LLC
·
REXCO
·
Marbocote Ltd
·
CHUKYO Europe GmbH
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