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Mold Release Agents Market Trends

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

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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.

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.