Press release
Mold Release Agent Market Set for Growth as Automotive, Construction, and Manufacturing Industries Drive Demand, Projected to Reach USD 3.60 Billion by 2032
Mold Release Agent Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ : https://www.marketresearchfuture.com/sample_request/5019
The Mold Release Agent Market was valued at USD 2.23 billion in 2023 and is projected to grow from USD 2.37 billion in 2024 to USD 3.60 billion by 2032, with a compound annual growth rate (CAGR) of 5.37% during the forecast period (2024-2032).
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โข Automotive Industry Growth: Mold release agents play a critical role in die casting and rubber molding processes within the automotive sector, particularly for the production of metal body parts and tires.
โข Construction Industry: In construction, these agents prevent cement or concrete from sticking to surfaces like plywood, steel, and aluminum, making them indispensable in molding operations.
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โข Automotive Demand: The expansion of the automotive industry, with increased vehicle production, is driving greater use of mold release agents, especially in die-casting and rubber molding processes.
โข Construction Applications: Mold release agents are essential for ensuring smooth molding of concrete and cement, offering ease in demolding while improving the appearance of finished products.
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โข Water-Based: The most popular category, known for its ease of use and environmental benefits. These agents are used widely for clean releases without harmful residues.
โข Solvent-Based: Known for their faster drying time and better wetting properties. They are typically used before the mold reaches operational temperatures, although they are more hazardous.
๐๐ฎ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=5019
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โข Internal: Applied directly to the composite material being molded to prevent interference with further processes like painting, bonding, or plating. This is commonly used in tire manufacturing.
โข External: Applied to the exterior of molds for easy release and protection.
โข Semi-Permanent: A durable option that can provide multiple cycles of use.
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โข Die-Casting: This segment leads the market growth as it is crucial for producing high-quality, durable metal parts used in automotive and industrial applications.
โข Polyurethane Molding: Provides heat-stable, non-carbonizing layers for longer production runs, commonly used in plastic and automotive parts manufacturing.
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โข North America: Dominated the market in 2022 with more than 45% of the revenue share, driven by the high demand for mold release agents in the industrial sectors of the United States and Canada.
โข Europe: Continues to hold a significant share, led by Germany, driven by its robust industrial sector. The UK is expected to be the fastest-growing market in the region.
โข Asia-Pacific: Expected to be the fastest-growing region, with emerging economies like China and India propelling demand for mold release agents, particularly in industries like automotive manufacturing and construction.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฅ๐ ๐๐๐ฅ๐๐๐ฌ๐ ๐๐ ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Chem-Trend L.P. (US)
โข Michelman Inc. (US)
โข Henkel AG & Co. KGaA (Germany)
โข Wacker Chemie AG (Germany)
โข Croda International Plc (UK)
โข Shin-Etsu Chemical Co., Ltd (Japan)
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.marketresearchfuture.com/reports/mold-release-agent-5019
These companies are heavily investing in research and development to enhance their product portfolios and meet the growing demand for mold release agents across various industries. Moreover, strategic actions such as new product launches, mergers, and acquisitions are fueling competition within the market.
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โข Chem-Trend introduced the Zyvax series of release agents for aerospace composite materials in 2018, expanding its reach into high-tech industries.
โข Michelman Inc. continues to develop specialized chemicals for rubber, plastic, and composite molding, ensuring clean release and reducing production defects.
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