According to the recent study the mold release agent market is projected to reach an estimated $1,748 million by 2030 from $1317.1 million in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by increasing production of tires, rubber, and growth of the die casting market which demands for mold release agent.
Browse 143 figures / charts and 117 tables in this 212 -page report to understand trends, opportunities and forecast in mold release agent market by material type (water bases mold release agents, solvent mold release agents, and other mold release agents), product type (external mold release agents, internal mold release agents, and semi-permanent mold release agents) application type (die casting, rubber, tire, concrete, plastic, food processing, and others), and region (North America, Europe, Asia Pacific, and ROW).
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Lucintel forecasts die casting will remain the largest applicationand it is also expected to witness highest growth over the forecast period by value and volume.
Water based mold release agent will remain the largest segment and is it also expected to witness highest growth over the forecast period due to its excellent properties.
Asia Pacific (APAC) is expected to remain the largest region and it is also expected to experience the highest growth over the forecast period by value and volume due to growth in end uses. Growing industries in emerging economies like China, India, and South Asia countries are the major factor for driving the mold release market.
Wacker, Daikin, Dow Corning, Momentive Performance Material Inc, Chem Trend, Henkel AG & Co. KGaA, CRODA, Chukyo Yushi Corporation, Mclube Div McGee Industries, and Michelman Inc. are the major suppliers in the mold release agent market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
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