Global Mold Release Agents Market

Mold Release Agents Market Size, Share, Growth Analysis, By Type (Water Based, Solvent Based), By Application (Die Casting, PU Molding), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15A2323 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 34 | Figures: 74

Mold Release Agents Market News

  • In January 2023, SynthoChem Inc., a leading chemical company, announced the launch of a new environmentally friendly mold release agent. This innovative product is designed to provide efficient mold release properties while minimizing environmental impact. The company aims to cater to the growing demand for sustainable solutions in the manufacturing industry.
  • In April 2023, PolyCoat Corporation, a renowned provider of specialty coatings, unveiled a high-performance mold release agent specifically formulated for composite materials. This advanced product offers superior release properties and helps enhance productivity in the production of composite parts. With this innovation, PolyCoat aims to meet the increasing demand for efficient mold release solutions in the aerospace and automotive sectors.
  • In June 2023, TechChem Industries, a leading chemical manufacturer, introduced customizable mold release agent solutions to meet the specific requirements of different industries. This new offering allows customers to tailor the formulation of the mold release agent based on their unique needs and production processes. By providing customized solutions, TechChem Industries aims to enhance customer satisfaction and address the diverse applications in the mold release agents market.
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FAQs

Global Mold Release Agents Market size was valued at USD 2.1 billion in 2022 and is poised to grow from USD 2.2 billion in 2023 to USD 3.5 billion by 2031, growing at a CAGR of 6% during the forecast period (2024-2031). 

The global market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Mold Release Agents. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions. 'Freudenberg Group (Germany) ', 'Daikin Industries, Ltd. (Japan) ', 'Henkel AG & Co. KGaA (Germany) ', 'LANXESS AG (Germany) ', 'Shin-Etsu Chemical Co. Ltd. (Japan) ', 'Dow Inc. (US) ', 'Michelman, Inc. (US) ', 'Marbocote Ltd (UK) ', 'McGee Industries, Inc. (US) ', 'Miller-Stephenson, Inc. (US) ', 'KLK OLEO (Malaysia) ', 'TechmerPM (US) ', 'Chem-Trend (US) ', 'AXEL Plastics Research Laboratories (US) ', 'Chemlease (US) ', 'Cresset Chemical Company (US) ', 'Croda International Plc (UK) ', 'Grignard Company LLC (US) ', 'LORD Corporation (US) ', 'REXCO (US) '

The increasing demand for molded products across various industries is a key driver of the global mold release agents market. Mold release agents are essential in the production process to ensure easy separation of the molded product from the mold, reducing the risk of damage or defects. The growing manufacturing activities in industries such as automotive, aerospace, construction, and consumer goods are driving the demand for mold release agents. Additionally, the rising adoption of advanced manufacturing techniques, such as injection molding and blow molding, further fuels the demand for efficient and high-performance mold release agents.

One key market trend in the global mold release agents market is the growing demand for eco-friendly and sustainable release agents. As environmental concerns rise, there is an increasing focus on reducing the use of harmful chemicals and adopting greener alternatives. Manufacturers are developing bio-based and water-based mold release agents that are free from hazardous substances like volatile organic compounds (VOCs) and chlorofluorocarbons (CFCs). These eco-friendly solutions not only offer effective mold release properties but also promote a safer working environment and reduce the ecological impact. The shift towards sustainable mold release agents aligns with the broader industry trend of adopting environmentally friendly practices and meeting stringent regulatory standards for worker safety and environmental protection.

One dominant region in the global mold release agents market is North America. The region has a well-established manufacturing sector and is home to several key industries such as automotive, aerospace, and consumer goods, which extensively use mold release agents in their production processes. The presence of major players and technological advancements in the region contribute to its dominance in the market. North America also benefits from strict regulatory standards and a strong focus on product quality and performance, driving the demand for high-quality mold release agents.

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Global Mold Release Agents Market

Report ID: SQMIG15A2323

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