Mold Release Agents 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.
Key Players:
·
Chem-Trend L.P. (U.S.)
·
Michelman, Inc. (U.S.)
·
Henkel AG & Co.
·
KGaA (Germany)
·
Wacker Chemie AG (Germany)
·
Croda International plc (U.K)
·
Daikin Industries, Ltd. (Japan)
·
Shin-Etsu Chemical Co., Ltd. (Japan)
·
Mcgee Industries Inc (U.S.),
·
Cresset Chemical Company (U.S.)
·
Grignard Company, LLC (U.S.)
·
REXCO (U.S.), Marbocote Ltd (U.K)
·
CHUKYO Europe GmbH (Germany)
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Segmentation:
The Global Mold Release Agent Market is categorized on the
basis of type, application, and region. On the basis of type, the market is
bifurcated into solvent based and water based. On the basis of 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.
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