Press release
Key Trends Shaping the Future Release Agents Market From 2025-2034: Increasing Focus on Sustainable Water-Based Mold Release Agents in the Market
What Is the Estimated Market Size and Growth Rate for the Release Agents Market?In recent times, the market size of release agents has significantly expanded. It is projected to increase from $1.06 billion in 2024 to $1.12 billion in 2025 with a compound annual growth rate (CAGR) of 5.8%. This progression during the historic period can be credited to factors such as the growth of the automotive industry, the surge in construction activities, the expansion of the food processing industry, advancements in chemical formulations, enhancements in industrial automation and efficiency, as well as environmental regulations.
Anticipated robust expansion in the subsequent years is expected to drive the market size of release agents to an impressive $1.38 billion by 2029 with an annual compound growth rate (CAGR) of 5.4%. This substantial growth during the forecast period can be tied to multiple factors such as the expansion of the pharmaceutical industry, advancements in biotechnology, modifications in regulations, an aging population, the prevalence of chronic diseases, and patent expirations. Key trends influencing this forecast period include the growing demand for natural ingredients, an increasing focus on health and wellness, the emergence of clean-label products, advances in formulation technology, and an emphasis on convenience and efficiency.
What Is Driving the Growth Trajectory of the Release Agents Market?
The anticipated expansion of the bakery and confectionery sectors is predicted to stimulate the release agents market's progression. These sectors include the manufacturing and sale of baked products like bread, pastries, cakes, candies, and a variety of sweet goods. The enlargement of the food service sector, incorporating cafes, restaurants, and quick-service restaurants, has resulted in amplified demand for bakery and confectionery items. Release agents play a significant role in bakery procedures by ensuring baked items don't stick to baking surfaces, hence aiding their easy removal and preserving product quality. For example, as per the Government of Canada, which is entrusted with federal administration, in February 2024, it was reported that the retail sales of baked goods in the United States had a compound annual growth rate (CAGR) of 5.9%, attaining US$82.9 billion in 2022. They are expected to have a CAGR of 3.1% from 2023 to 2027, with a predicted valuation of US$97.7 billion by 2026. Hence, the release agents market's growth is being fueled by the surging bakery and confectionery sectors.
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Who Are the Dominant Companies Influencing Release Agents Market Trends?
Major companies operating in the release agents market are BASF SE, DuPont de Nemours Inc., Daikin Industries, Henkel AG, Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, AkzoNobel N.V., Wacker Chemie AG, Clariant AG, Croda International plc, Lord Corporation, Momentive Performance Materials, Michelman Inc., Chem-Trend L.P., Stoner Inc., AFT Fluorotec Ltd, MÜNZING Chemie GmbH, Rexco, Axel Plastics Research Laboratories Inc., Miller-Stephenson Chemical Co., McLube, Franklynn Industries Limited, Münch Chemie International GmbH, Marbo America Inc, Cresset Chemical Co
How Is the Release Agents Market Evolving?
Prominent enterprises that function in the release agent market are prioritizing the creation of innovative solutions, such as water-based mold release agents, to address escalating environmental concerns and fulfill regulatory requirements for more sustainable and safer products. Water-based mold release agents are non-toxic, eco-friendly compositions used in the production process to stop materials from sticking to molds. To illustrate, Kao Corporation, a chemicals company based in Japan, introduced LUNAFLOW RA in May 2024. LUNAFLOW RA, a water-based, solvent- and fluorine-free mold release agent, incorporates cellulose nanofibers (CNF) for superior demolding performance and durability. It boosts manufacturing efficiency by keeping material from sticking and is eco-friendly.
What Are the Different Segmentations in the Release Agents Market?
The release agents market covered in this report is segmented -
1) By Product: Emulsifiers, Vegetable Oils, Antioxidants, Wax And Wax Esters
2) By Form: Liquid, Solid
3) By Sales Channel: Direct Sales And Wholesalers, Independent Grocery Retailer, Non-Store Retailers, Other Sales Channels
4) By Application: Bakery, Confectionery, Processed Meat, Convenience Food, Other Applications
Subsegments:
1) By Emulsifiers: Mono- And Diglycerides, Lecithin, Polysorbates, Sorbitan Esters, Fatty Acids And Derivatives
2) By Vegetable Oils: Soybean Oil, Palm Oil, Sunflower Oil, Coconut Oil, Canola Oil
3) By Antioxidants: Butylated Hydroxytoluene (Bht), Butylated Hydroxyanisole (Bha), Tocopherols (Vitamin E), Ascorbic Acid (Vitamin C), Citric Acid
4) By Wax And Wax Esters: Paraffin Wax, Carnauba Wax, Beeswax, Candelilla Wax, Montan Waxes
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Which Region Is at the Forefront of the Release Agents Market?
North America was the largest region in the release agents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the release agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Release Agents Global Market Report?
- Market Size Analysis: Analyze the Release Agents Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Release Agents Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Release Agents Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Release Agents Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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