Mold Release Agents Market worth $2.5 billion by 2024

1. Mold Release Agents Market by Product Type (Water-Based, Solvent-Based), Application (Die-Casting, Rubber Molding, Plastic Molding, PU Molding, Concrete, Wood Composite & Panel Pressing, Composite Molding), and Region - Global Forecast to 2024 Speak To Analyst

2. The mold release agents market size is projected to reach USD 2.5 billion by 2024 from USD 1.8 billion in 2019, at a CAGR of 6.0%. Increasing use of mold release agents in various applications such as die-casting, rubber molding, PU molding, plastic molding, composite molding, and concrete is  expected to drive the mold release agents market. APAC is the key market for mold release agents, globally, followed by Europe and North America.

3. Water-based mold release agents are expected to lead the mold release agents market during the forecast period. On the basis of product type, the mold release agents market has been segmented into water-based mold release agent, solvent-based mold release agent, and others. The water-based mold release agent product type is estimated to lead the mold release agents market in terms of value. The awareness about the use of environmentally friendly products has increased, and this leads to its growing demand. In addition, water-based mold release agents are non-flammable, which is increasing its demand. REQUEST BUNDLE REPORTS

4. Recent Developments • In January 2018, Michelman, Inc. opened Michelman Sustainability Center (MSC) in China. The new China-based center is part of Michelman’s aggressive growth plan in the APAC region. • In October 2018, Shin-estsu Chemical Co., Ltd. expanded its production capacity by investing USD 990 million in its silicone business in Japan and globally. This expansion helped the company to strengthen its product range from silicone monomer to end products. • In September 2018, Croda International Plc opened its new Innovation & Customer Experience Centre and Speciality Polymer Plant at its manufacturing site in Campinas (São Paulo State), Brazil. This expansion has strengthened Croda’s R&D in the region to include their Performance Technologies sector, and its Coatings & Polymers, Polymer Additives, Home Care & Water, and Lubricants divisions. • In October 2017, Chem-Trend L.P. launched a water-based, silicone-free mold release agent, Zyvax 1070W used for molding composite materials for aerospace.

5. Key Market Players The key market players profiled in the report include as LORD Corporation (US), Chem-Trend L.P. (US), Shin-Etsu Chemical Co., Ltd. (Japan), McGee Industries, Inc. (US), Miller-Stephenson, Inc. (US), Daikin Industries Ltd. (Japan), Croda International Plc (UK), LANXESS Group (Germany), Henkel AG & Co. KGaA (Germany), Michelman, Inc. (US), Marbocote Limited (UK), and TAG Chemicals GmbH (Germany). Download PDF Brochure

6. Key Questions Addressed by the Report • What are the major developments impacting the market? • Where will all the developments take the industry in the mid to long term? • What are the upcoming product types of mold release agents? • What are the emerging applications of mold release agents? • What are the major factors impacting the market growth during the forecast period? GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!

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