The global mold release agents market size will grow to USD 2.6 Billion by 2027, at a CAGR of 5.7% from USD 2.0 Billion in 2022. Mold release agents are composed of various materials such as wax or stearate; silicones; petroleum or mineral oil; molybdenum or metal sulfide; graphite; fluoropolymer or polytetrafluoroethylene (PTFE); and ester or diester among other materials. Application of mold release agents causes easy, clean, and smooth separation of two surfaces. While selecting mold release agents, some factors are taken into consideration, such as mold material, cycle time, secondary finishing, temperature, and pressure.
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The key market players profiled in the report include Freudenberg Group (Germany), Henkel AG & Co. KGaA (Germany), Croda International Plc (UK), LANXESS AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Daikin Industries, Ltd. (Japan), Michelman, Inc. (US), Marbocote Ltd (UK), Mcgee Industries, Inc. (US), Miller-Stphenson, Inc. (US), and others.
Freudenberg Group is a global technology group whose aim is to strengthen its customers and society for long-term through forward-looking innovations. Freudenberg Group stands for diversity, innovation, and technology. With the help of customers and research partners, the company is always trying to develop leading-edge products, technologies, solutions, and services. The innovative strength of the company has many facets. The company offers a broad range of products portfolio in diverse industries, combined with a wide presence in different regions.
- In November 2019, Chem-Trend L.P., a subsidiary of Freudenberg Group has announced the expansion by the launch of its brand-new Chem-Trend Now app available for customers in US & Canada. This convenient tool provides instant access to information about the Chem-Trend products such as mold release agents and purging compounds.
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Henkel AG & Co. KGaA is one of the leading manufacturers of chemicals and consumer goods. The product portfolio of the company is based on hair care products, laundry detergents, soaps, fabric softeners, sealants, adhesives, and functional coatings. The company is listed in Frankfurt Stock Exchange and on all regional stock exchanges in Germany. The company has 174 manufacturing sites of which 131 sites are to produce adhesive technologies, 13 for beauty care, and 30 for laundry & home care. The company has presence in 56 countries worldwide in the regions of Europe, Middle East & Africa, North America, South America, and Asia Pacific.
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