Mold Release Agents Market Worth $2.9 Billion by 2029

The release agents are widely used in various industries including manufacturing, construction and automotive. Seamlessly removing cast parts from molds, avoiding damage and errors and improving the efficiency of the production process depend on release agents. The combination of industrial growth, technological advancements, regulatory pressure and the need for efficient manufacturing processes is expected to drive the mold release agent market.

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Solvent-based release agents are the second largest release agent material in the release agent market.

The solvent-based release agents have been preferred due to their high efficiency in ensuring seamless release processes. These formulations often exhibit superior lubricity and provide reliable release, reducing the risk of defects and ensuring high-quality surface finishes on cast products. The broad applicability and ability to function well in a wide range of temperatures and conditions of solvent-based release agents also contribute to their substantial market share.

PU molding is expected to be the fastest growing application in the mold release agent market in terms of value during the forecast period.

Polyurethane is a highly adaptable polymer that finds extensive application in a wide range of industries, thanks to its unique combination of qualities, including flexibility, durability and resistance to chemicals and abrasion. These properties make PU an ideal material for a multitude of applications. As industries continue to leverage the benefits of polyurethane in their production processes, demand for high-quality mold release agents that can optimize PU molding will continue to rise, solidifying the company’s position as a key segment in the mold release agent market.

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Asiatic-Pacific is expected to be the fastest growing release agent market during the forecast period

Asiatic-Pacific accounts for the largest share and is expected to dominate the release agent market during the forecast period. This dominance is due to the enormous industrial base, the growing population and the development of industrial skills in, for example, emerging economies China, IndiaAnd South Korea. The shift in population increases the demand for consumer goods, automobiles and electronics, which in turn increases the demand for the industrial processes that use mold release agents.

Key players profiled in the report include the Freudenberg Group (Germany), Daikin Industries, Ltd. (Japan), Henkel AG & Co. KGaA (Germany), LANXESS AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Dow Inc. (USA), Michelman, Inc. (US), Marbocote Ltd (UK), McGee Industries, Inc. (USA), MillerStephensonInc. (USA).

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