The Global Mold Release Agents Market Size collected USD 2.0 Billion in 2022 and is set to achieve a market size of USD 3.4 Billion in 2032 growing at a CAGR of 5.6% from 2023 to 2032.

Mold Release Agents Market Report Statistics

• Global mold release agents market revenue is estimated to reach USD 3.4 billion by 2032 with a CAGR of 5.6% from 2023 to 2032
• Asia-Pacific mold release agents market value occupied more than USD 700 million in 2022
• North America mold release agents market growth will record a CAGR of around 5% from 2023 to 2032
• Among type, the water-based sub-segment generated more than 56% share in 2022
• Based on application, the die-casting generated more than US $ 560 million revenue in 2022
• Increasing demand for high-performance coatings is a popular mold release agents market trend that fuels the industry demand

Mold release agents refer to those additives which are widely used for the prevention of concerned molded objects apart from being stuck to the surface of the mold. Mold release agents can be easily cooled and poured directly into mold cavities, also known as external release agents. Moreover, they can even be brought in contact with the polymer, also known as the internal release agent. Mold release agents generally come in a dry form such as lecithin, silicone, stearates, or clay. Most of these powders are somewhat hydrophobic in nature and tend to be difficult to disperse. This, in turn, might cause several problems associated with it, especially for the manufacturers of mold-release agents. The key applications of mold release agents include rubber, die casting, plastics, concrete, paper, food processing, and others. In the global mold release agents market, the die-casting end-user application segment is accounting for the highest share currently owing to its large-scale use in ever-increasing construction and automotive industries across the globe. One of the other key aspects fueling the growth of global mold release agents is their increasing use in diverse manufacturing industries around the world.

Global Mold Release Agents Market Dynamics

Market Drivers

• Growing demand from various industries
• Increasing use of composites
• Rising demand for high-quality products

Market Restraints

• Volatility in raw material prices
• Stringent regulations
• Availability of alternatives

Market Opportunities

• Increasing demand from emerging economies
• Growing focus on sustainability

Mold Release Agents Market Report Coverage

Market	Mold Release Agents Market
Mold Release Agents Market Size 2022	USD 2.0 Billion
Mold Release Agents Market Forecast 2032	USD 3.4 Billion
Mold Release Agents Market CAGR During 2023 - 2032	5.6%
Mold Release Agents Market Analysis Period	2020 - 2032
Mold Release Agents Market Base Year	2022
Mold Release Agents Market Forecast Data	2023 - 2032
Segments Covered	By Product, By Type, By Application, And By Geography
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	Chem-Trend L. P., Cresset Chemical Company, Croda International Plc, Daikin Industries, Henkel AG & Co. KGaA, Kao Corporation, LANXESS Group, MCGee Industries, Inc., Michelman Inc., and Wacker Chemie AG.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Mold Release Agents Market Growth Factors

The rapid growth in the use of mold release agents in some end-use industries such as construction, automotive, food processing, and manufacturing among others is one of the major elements contributing to the growth of this market. The use of mold release agents is strongly essential in some applications, for instance, die casting. The global automotive sector is considered to be one of the largest end users of die-casting products and the rapid growth of the automotive industry is directly proportional to the growing demand for mold release agents in this sector.

Mold Release Agents Market Segmentation

The worldwide mould release agents market is categorized based on product, type, application, and geography.

Mold Release Agents Market By Product

• Internal
• External
• Semi-Permanent
• Others

According to the mold release agents market forecast, the semi-permanent mold release agents have been dominating the market in recent years and will continue to do so in the coming years. These mold release agents have several advantages over others, including greater durability, longer life, and better release properties. Semi-permanent mold release agents are used in a variety of end-use industries, including automotive, aerospace, and construction. They're also used to make composites and other high-performance materials.

Mold Release Agents Market By Type

• Water-Based
• Solvent-Based
• Others (Powder/Granules)

In recent years, water-based mold release agents have dominated the mold release agent market. Water-based mold release agents have several advantages over solvent-based mold release agents, including lower toxicity, lower environmental impact, and improved worker safety. Water-based mold release agents are also easier to clean and work better with certain materials like plastics and rubbers. However, solvent-based mold release agents continue to have a significant market share, particularly in applications where they are more effective or economical. Solvent-based mold release agents, for example, may be preferred in applications where the required release properties are very specific or where the release agent must be applied in a specific manner.

Mold Release Agents Market By Application

• Die-Casting
• PU Molding
• Concrete
• Rubber Molding
• Plastic Molding
• Wood-Composite
• Composite Molding
• Food Processing
• Others

Die-casting, rubber molding, and composite molding also have a significant share of the mould release agents market, according to an industry analysis. These applications are also widely used in a variety of industries, and mold release agents are critical to ensuring efficient and high-quality manufacturing processes. However, plastic molding is one of the applications that is expected to grow at a rapid pace during the forecasted timeframe. This is due to the widespread use of plastic molding in industries such as automotive, packaging, construction, and others. Mold release agents are required in plastic molding to ensure that the molded products are easily and without mold damage. Mold release agents also aid in improving the surface finish of molded products and reducing deposit buildup on the mold surface.

Mold Release Agents Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Mould Release Agents Market Regional Analysis

On the basis of region, the global mold release agents market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA), and Asia-Pacific. The healthy demand in APAC is expected to be the key driving factor for the growth of the mold release agents market, globally. China is anticipated to account for the largest share and lead the overall demand for mold release agents owing to the increasing industrial production over the last few years. The markets in other developing countries such as Brazil, Russia, Poland, Indonesia, New Zealand, Argentina, and India are anticipated to grow rapidly throughout the forecast period.

Mold Release Agents Market Players

Major players operating in the global mold release agents market are focusing on some key market strategies such as mergers and acquisitions to keep hold in the ever-competitive market. Moreover, they are concentrating on collaborating with local players to increase their market reach as well as strengthen their goodwill in the global market. Some of the global mold release agents companies profiled in the report include Chem-Trend L. P., Cresset Chemical Company, Croda International Plc, Daikin Industries, Henkel AG & Co. KGaA, Kao Corporation, LANXESS Group, MCGee Industries, Inc., Michelman Inc., and Wacker Chemie AG.

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