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Base Year: 2024
Companies covered: 15
Tables & Figures: 165
Countries covered: 18
Pages: 235
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Mold Release Agents Market
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Mold Release Agents Market Size
The global mold release agents market held a size of USD 2.5 billion in 2024 and is projected to expand to over 8.6% CAGR from 2025 to 2034.
The mold-release agents market is proliferating, owing to growth in demand from many industries. In the year 2021, shipping value for plastics and rubber products manufacturing in the US amounted to USD 234.8 billion which, according to the US Census Bureau, signifies a large-scale market for Mold release agents.
Auto production achieved 85 million in the year 2022 and OICA reported that the auto industry is one of the most potent sectors for these agents. The mold release industry is also fueled by the aerospace industry, which is said to augment profoundly, and the US Bureau of Labor Statistics expects an increase of 6% in Aerospace engineering manpower from 2021 to 2031.
Also, because the US EPA aims to minimize the VOC emissions, the water soluble and other environmentally safe mold release agents are widely used now. The construction sector which employs molder release agents for concrete formwork is also propelling the market as the US census bureau reported value of construction put in place reached USD 1.79 trillion in the year 2022, witnessing a 10.2% surge from 2021.
Mold Release Agents Market Trends
The market for mold release agents is on the rise because of various factors. From 2018 onwards, the adoption of US EPA’s eco-friendly water-based formulations have seen an increase of 15 percent which goes parallel with more stringent environmental policies. The US Bureau of Labor Statistics reports a 7.2% increase in employment from 2020 to 2022 in the aerospace manufacturing which means more demand for lightweight composites means more demand for high-performance release agents.
Mold Release Agents Market Analysis
Eco-Friendly and non-toxic products will give rise to new markets. There is a notable shift toward water-based mold release products as manufacturers work towards tighter environmental restrictions and the ever-growing market for these eco-friendly solutions. In May 2024, Wetwall launched the Pro Plus Collection for large scale commercial projects.
The collection targets improved efficiency, enhanced durability, and stunning aesthetics of unfinished spaces. There is also a growing demand for features that reduce the number of applications and improve the finish of the mold to increase the efficiency of the mold. New developments in nanotechnology are making it possible to create better corrosion releasing materials with enhanced thermal stability and minimal residue.
The solvent-based segment held over USD 849 million in 2024, growing at a CAGR of over 8.8% during the forecast period. The potential of solvent-based mold release agents continues to be large, especially in regions where there is a need for fast evaporation and high-performance release agents like the automotive, aerospace, and industrial manufacturing industries. These agents are preferred because such processes demand high-temperature and high-pressure molding which results in smooth finishes and efficient release.
On the other hand, the growth of such agents is being challenged by stringent environmental regulations and the demand for feasible, low VOC substitutes. Nevertheless, it has been observed that solvent-based agents still dominate the market in applications where quick drying and durability are required, and where water-based substitutes do not perform well.
The plastic segment from mold release agents market was valued at USD 1 billion in 2024 and garner a 8.7% CAGR through 2025-2034. In the market for mold release agents, plastics are the leading type due to their demand in an array of industries including automotive, electronics, packaging and other consumer goods.
Mold release agents are very important in the process of production of plastics using machinery like injection and blow molding as well as extrusion, as they facilitate easy removal of the products from the molds and prevent damage. The growth in demand for lightweight and durable components, especially in the automotive and electronics industries, is expected to foster the growth of the effective release agents market further.
It is estimated that the market for the plastic molding segment will grow at over 8.3% CAGR between 2025 and 2034 and will reach USD 732.2 million in 2024. The automotive and consumer goods, electronics, and packaging sector are primary users of this technology. During injection molding, blow molding, and extrusion molding, sufficient and effective mold release agents are necessary to make the process more efficient and decrease defect rates while avoiding engineer's nightmare of material cling.
The lightweight and strong plastics which are now widely used in automotive and electronic applications are driving the increase in use of mold release agents. To achieve higher product and production efficiency, manufacturers are increasingly seeking high performance mold release agents that are environmentally friendly.
The China mold release agents market size dominated with a market size of USD 471.2 million in 2024 and expected to grow at a 9.4% CAGR in 2025-2034. The primary reason for China’s market booming is the growth of manufacturing, most notably in automotive, electronics and construction. The surging demand for plastic, rubber, and composite components in China necessitates the use of high-performance mold release agents to improve production and decrease defects.
The concurrent change to eco-friendly water-based agents is compatible with China’s environmentally based regulations and translates to more sustainable industrial practices. In addition, there is a growing emphasis on lightweighting in automotive and aerospace applications, which is fueling the development of innovation in mold release agents. As China industrializes, growth of the market and advances in technology are expected.
Mold Release Agents Market Share
Mergers and acquisition efforts are in progress to penetrate the market with these non-permanent, water-soluble, non-toxic, and low-VOC formulations which are compliant with environmental regulations. Furthermore, major players in the mold release agents’ market are focusing on innovation, sustainability, and geographic expansion through strategic R&D investment into semi-permanent agents and other new innovations.
With a focus on expansion in fast growing regions such as the Asia-Pacific, these strategic partnerships and mergers will certainly increase market presence. Furthermore, market participants are paying attention to expanding their product range suitable for other sectors such as automotive, aerospace and food processing to address specific requirements for different uses.
Mold Release Agents Market Companies
Major players operating in the mold release agents industry are:
Mold Release Agents Industry News
This mold release agents market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2034, for the following segments:
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Market, By Type
Market, By Material
Market, By Application
The above information is provided for the following regions and countries: