Uploaded on May 4, 2021
The global Mold Release Agent market size is projected to reach USD 5,085.94 million by 2028. The rising demand for mold release agents in die casting applications in the automotive & construction industries is expected to be the key factor driving the global mold release agents market.
Mold Release Agent Market 2021 Evolving Technologies, Future Trends, Revenue, Business Growth, and Forecast to 2028
Adroit Market Research
Mold Release Agent Market
by Product Type (Water-Based and Solvent-Based), Application
(Die-Casting, Rubber Molding, Plastic Molding, PU Molding,
Concrete, Wood Composite & Panel Pressing, and Composite
Molding), and Region (North America, Europe, Asia Pacific, Middle
East & Africa, South America), Global Forecast 2018 to 2028
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The Growing use of mold release agents in various applications is
expected to drive the global mold release agents market
• The global Mold Release Agent market size is projected to reach USD 5,085.94 million by 2028. The rising demand for mold
release agents in die casting applications in the automotive & construction industries is expected to be the key factor
driving the global mold release agents market. It permits free flow and dispersion of the filled polymers and improves the
surface finish while reducing porosity. Moreover, complex dyes need more release agents for even cooling and enhanced
release of parts in casting and sculpting applications.
• Furthermore, the use of mold release agents considerably decreases operational price and time and further upsurges the
output by several times, which further augments the target industry growth. Also, mold release agents offer a cleaner
finish, and the mold life can also be better with the use of this product. Additionally, rising infrastructural development in
the developed countries of Asia-Pacific is expected to generate lucrative opportunities for the key players in the
construction and plastic industries. However, strict rules and laws related to the use of solvent-based mold release agents
may hamper the global market over the forecast periods.
• The global mold release agent market is segmented water-based and solvent-based. Based on the application, the market
is segmented into die-casting, rubber molding, plastic molding, PU molding, concrete, wood composite & panel pressing,
and composite molding.
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Adroit Market Research
The Growing use of mold release agents in various applications is expected to
drive the global mold release agents market
• The water-based mold release agent product type is projected to lead the mold release agents market in terms of revenue.
The rising awareness about the use of environmentally friendly products has augmented, and this leads to its growing
demand. Also, water-based mold release agents are non-flammable, which is further raising its demand.
• The global mold release agent market has strong competition among the well-established and new emerging players. These
key players aim to attain a competitive advantage over the other players by joining in mergers, partnerships, and
acquisitions and escalating their businesses.
• The global mold release agent market finds its scope in North America, Europe, APAC, South America, and the Middle East
& Africa. The Asia Pacific is anticipated to attain the largest market share in the global mold release agents in the given
timeframe, in terms of revenue. The presence of leading key players operating in the market, such as Shin-Etsu Chemical
Co., Ltd. (Japan), TAG Chemical India Pvt. Ltd. (India), and Daikin Industries Ltd. (Japan), has a positive impact on the market.
Moreover, growth in die-casting, rubber molding, PU molding, composite molding, wood composite & panel pressing,
plastic molding, and concrete applications in the region is growing the demand for mold release agents.
• The major players of the global mold release agent market are LORD Corporation, Chem-Trend L.P., Shin-Etsu Chemical Co.,
Ltd. (Japan), McGee Industries, Inc., Miller-Stephenson, Inc., Daikin Industries Ltd., Croda International Plc, LANXESS Group,
Henkel AG & Co. KGaA, Michelman, Inc., Marbocote Limited, and TAG Chemicals GmbH.
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Adroit Market Research
Key segments of the global Mold Release Agent market
Product Type Overview, 2018-2028 (USD Million)
• Water-Based
• Solvent-Based
Application Overview, 2018-2028 (USD Million)
• Die-Casting
• Rubber Molding
• Plastic Molding
• PU Molding
• Concrete
• Wood Composite & Panel Pressing
• Composite Molding
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