Global Release Agents Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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The Release Agents Market report offers in-depth insights, revenue details, and other vital information regarding the global release agent market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2031.
The Release Agents Market report offers insightful and detailed information regarding the various key players operating in the global release agent market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global release agent market report has been segmented on the basis of product type, end-user, and region.
Release Agents Market Overview:
“The Release Agents Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Release agents are chemicals applied to the surface of a mold or container, to prevent other substances from sticking to it. It can provide a solution in processes involving mold release, die-cast release, plastic release, adhesive release, and tire and web release. Release agents are used widely in many industries such as plastics, paper, rubber, etc. to eliminate adhesion between surfaces.
Rising demand for bakery and confectionery food products resulting in the usage of release agents as a processing aid is a key factor driving the growth of the global release agents market.
In addition, increasing the use of release agents in the concrete construction industry for preventing adhesion, in rubber molding, and in parting agents for aluminum are other factors expected to fuel the growth of the global release agents market globally.
Also, increasing adoption of release agents in plastics, die casting, and paper industries is another major factor anticipated to boost the growth of the global release agents over the forecast period.
However, increasing the price of raw materials for the production of release agents is a key factor restraining the growth of the global release agents market.
Furthermore, release agents are composed of some hazardous chemicals that require federal regulations for use in some industries such as the plastic and rubber industry, which is expected to hamper the growth of the global release agents market over the forecast period.
The market in North America accounted for the highest revenue share in the global release agents market owing to the presence of several market players, and rising demand for release agents in end-use industries such as plastics and rubber.
The market in Europe accounts for the second-highest revenue share contribution in the global release agents market followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively.
The market in the Asia Pacific is expected to register the highest CAGR in terms of revenue, owing to the increasing use of release agents in the confectionery and bakery industry in countries in the region.
Global Release Agents Market Segmentation:
Global release agents market segmentation by product type:
- Fluid release agents
- Solid release agents
Global release agents market segmentation by end-user:
- Confectionary and bakery industries
- Rubber industries
- Plastic industries
Global release agents market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Chem-Trend L.P.
- Henkel AG & Co. KGaA
- Wacker Chemie AG
- Croda International Plc
- Michelman Inc.
- Cresset Chemical Company
- Daikin Industries
- MCGee Industries, Inc.
- Grignard LLC
- Chukyo Europe GmbH
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