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Mold Release Agents Market - By Type (Water-Based, Solvent-Based, Semi-Permanent, Permanently Bonded), By Material (Polyurethane, Rubber, Plastic, Composite), By Application & Forecast, 2024 – 2032

  • Report ID: GMI6457
  • Published Date: Jul 2024
  • Report Format: PDF

Mold Release Agents Market Size

Mold Release Agents Market size was valued at over USD 2.3 billion in 2023 and is set to record 8.6% CAGR over 2024-2032 driven by expanding demand in the automotive and aerospace industries.
 

Mold Release Agents Market

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These features are critical for complex components made of materials, such as plastics, rubber, alloys as they ensure that parts are removed from molds safely and cleanly without damage. The increasing preference for lightweight and high-performance materials in the automotive and aerospace industries is necessitating advanced mold removal systems to improve manufacturing efficiency. The shift towards automation and high-volume production processes will further propel the demand for effective mold release agents.
 

In the construction industry, mold release agents are significantly used in the production of concrete and other building materials to prevent sticking and ensure smooth surfaces. Rising infrastructure, especially in emerging economies, is also increasing the product demand. To cite an example, in March 2024, Cold Jet launched a dry ice cleaning technology to offer composite manufacturers various solutions for cleaning tooling, surfaces, and preparing parts for painting or bonding. The advancements of mold removal technologies, such as the development of eco- friendly waterproofing products is further gaining momentum due to rising regulatory pressure and consumer demand for sustainable products.
 

However, environmental and health concerns associated with certain chemical components, including volatile organic compounds (VOCs), which are increasingly subject to stringent regulations, may deter the product uptake. Compliance with these regulations requires significant investment in the development and validation of eco- friendly alternatives, which can be expensive and demand extensive R&D activities. The high cost of advanced mold releases, especially those designed to be eco- friendly or highly specialized, can also be prohibitive for small and medium-sized businesses.
 

Mold Release Agents Market Trends

The development and adoption of eco- friendly and sustainable products will favor the market growth. Manufacturers are increasingly focusing on water-resistant mold release to meet stringent environmental regulations and the growing consumer demand for eco-friendly solutions dealing with surroundings. For instance, in May 2024, Wetwall introduced the Pro Plus Collection for commercial projects for providing efficiency, durability, and aesthetic appeal for large-scale spaces. There is also an increasing trend of features that enhance mold efficiency, such as reducing multiple stops per application and improving mold finish. Innovations in nanotechnology are enabling the development of corrosion-releasing materials with improved properties like thermal stability and low residue.
 

Mold Release Agents Market Analysis

Mold Release Agents Market Size, By Type, 2021 - 2032 (USD Billion)
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Based on type, the industry value from the solvent-based segment recorded more than USD 795.7 million in 2023 and will generate over USD 1.6 billion by 2032 due to its effectiveness in achieving excellent mold release properties across a wide range of materials and applications. Solvents providing firm adhesion to the mold surface offer a smooth coating and even release of the mold, which is essential for the manufacture of complex or sophisticated molds. They also provide quick drying times, resulting in faster processes and increased efficiency in manufacturing.
 

Mold Release Agents Market Revenue Share, By Application, (2023)
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Based on application, the mold release agents market value from the plastic segment will reach over USD 2.1 billion by 2032. This is due to the increasing demand for molded plastic components across various industries, such as automotive, electronics, and packaging. Mold extraction systems are essential in plastic molds to ensure that the parts from the mold can be removed efficiently and without damage or defects for increasing productivity. With the demand for lightweight and durable plastic products rising, manufacturers are increasingly relying on efficient mold release agents to improve production efficiency and reduce downtime.
 

North America Mold Release Agents Market Size, 2021- 2032 (USD Million)
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North America mold release agents market size was valued at over USD 691.6 Million in 2023 and is expected to reach over USD 1.3 billion by 2032. The growth can be attributed to the robust manufacturing base, particularly in automotive and aerospace industries, where mold release agents are important for producing high-quality components efficiently. The influx of stringent regulations is also encouraging the use of advanced eco- friendly chemicals that meet safety and environmental standards to provide market demand for maximizing eco- friendly mold removal solutions.
 

Mold Release Agents Market Share

Global Mold Release Agents Market Company Share, (2023)

Leading mold release firms are focusing on continuous R&D activities to innovate and improve product formulations, particularly emphasizing eco- friendly and high-performance solutions. Strategic collaboration with key industry stakeholders is helping them to expand their market reach and customer base. These companies are also investing on enhancing manufacturing and distribution to ensure better supply chain management and customer service.
 

Mold Release Agents Market Companies

Major players operating in the mold release agents industry include:

  • Chem-Trend L.P.
  • Cresset Chemical Company
  • Henkel Corporation
  • AXEL Plastics Research Laboratories
  • LORD Corporation
  • Marbocote Ltd.
  • Chemlease
  • Zyvax
  • Wacker Chemie AG
  • Michelman
  • Croda International Plc
  • Grignard Company LLC
  • Daikin Industries, Ltd.
  • REXCO
  • Shin-Etsu Chemical Co. Ltd.
     

Mold Release Agents Industry News

  • In February 2024, Xenia Materials launched XEGREEN 23-C20-3DP, a new material for LFAM, showcasing its expertise in composite materials.
     
  • In September 2023, Michelman introduced DigiPrime Vision 9000, a water-based digital print primer for HP Indigo in-line priming units.
     

The mold release agents market includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Million) (Tons) from 2021 to 2032, for the following segments:

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By Type

  • Water-Based
  • Solvent-Based
  • Semi-Permanent
  • Permanently Bonded

By Material

  • Polyurethane
  • Rubber
  • Plastic
  • Composite
  • Others

By Application

  • Die-casting
  • Pu Molding
  • Concrete
  • Rubber Molding
  • Plastic Molding
  • Composite Molding
  • Wood Composite & Panel Pressing
  • Others

The above information is provided for the following regions and countries:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
     
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The mold release agents market size was valued at over USD 2.3 billion in 2023 and is set to record 8.6% CAGR over 2024-2032, driven by expanding demand in the automotive and aerospace industries.
The solvent-based mold release agent market recorded more than USD 795.7 million in 2023 and will generate over USD 1.6 billion by 2032, due to its effectiveness in achieving excellent mold release properties across a wide range of materials and applications.
North America mold release agents market size was valued at over USD 691.6 million in 2023 and is expected to reach over USD 1.3 billion by 2032, driven by a robust manufacturing base, particularly in automotive and aerospace industries.
AXEL Plastics Research Laboratories, LORD Corporation, Marbocote Ltd, Chemlease, Zyvax, Wacker Chemie AG, Michelman, Croda International Plc, Grignard Company LLC, Daikin Industries, Ltd, REXCO, and Shin-Etsu Chemical Co. Ltd. among others.

Mold Release Agents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 225
  • Countries covered: 21
  • Pages: 295
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