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Leading Element Driving Change in the Release Agents Market in 2025: Rise In The Bakery And Confectionery Industries Drives Release Agents Market Growth Driver
Release Agents Market Share
The expansion of the bakery and confectionery industries is expected to boost the release agents market. The production of baked goods, sweets, and treats is growing, partly due to the rise of foodservice businesses. Release agents are used in bakery operations to prevent products from sticking to baking surfaces, facilitating easy removal. For instance, the Government of Canada reported in February 2024 that U.S. retail sales of baked goods grew at a 5.9% compound annual growth rate (CAGR) in 2022, with projections indicating a CAGR of 3.1% from 2023 to 2027. Thus, the growth of the bakery and confectionery sectors is driving the demand for release agents.
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What growth opportunities are expected to drive the release agents market's CAGR through 2034?
The release agents market has experienced strong growth in recent years. It is forecast to grow from $1.06 billion in 2024 to $1.12 billion in 2025, reflecting a CAGR of 5.8%. The growth is attributed to the automotive industry's expansion, the construction boom, the food processing sector's growth, advancements in chemical formulations, industrial automation, and environmental regulations.
The release agents market is expected to grow steadily, reaching $1.38 billion by 2029 with a CAGR of 5.4%. The growth is driven by the pharmaceutical industry's growth, biotechnology advancements, and the increasing prevalence of chronic diseases. Trends include a growing emphasis on health and wellness, natural ingredients, clean-label products, and technological advancements in formulations.
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What are the emerging trends shaping the future of the release agents market?
Companies in the release agent market are focusing on developing innovative solutions like water-based mold release agents to address environmental concerns and regulatory demands. Water-based agents prevent materials from sticking to molds during manufacturing and are non-toxic and environmentally friendly. For example, in May 2024, Kao Corporation, a Japan-based chemical company, launched LUNAFLOW RA, a water-based mold release agent made with cellulose nanofibers. It enhances demolding performance and durability while being environmentally friendly.
Which growth-oriented segments of the release agents market are leading the industry's development?
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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What regions are leading the charge in 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 companies are at the forefront of innovation in the release agents market?
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
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What Is Covered In The Release Agents Global Market Report?
•Market Size Forecast: Examine the release agents market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the release agents market for a structured understanding.
•Key Players Overview: Analyze major players in the release agents market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the release agents market.
•Segment Contributions: Evaluate how different segments drive overall growth in the release agents market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the release agents market.
•Industry Challenges: Identify potential risks and obstacles affecting the release agents market.
•Competitive Landscape: Review strategic developments in the release agents market, including expansions, agreements, and new product launches.
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