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Global Mold Release Agents Market Outlook 2023-2028 :
According to the latest report by IMARC Group, titled “Mold Release Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global mold release agents market size reached US$ 2.1 Billion in 2022.
Mold release agents are substances that prevent materials from sticking to mold during the manufacturing or casting process. They are applied to the surface of the mold to create a barrier between the mold and the material being molded. They help in the easy removal of finished products from the molds without causing any damage. They also reduce the wear and tear on molds caused by repeated use. Besides this, they aid in minimizing the friction and stress on the mold surface, extending its lifespan, preventing surface defects and blemishes, which can be caused due to sticking or tearing during demolding.
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The increasing use of mold release agents for producing various composite parts for fiberglass, carbon fiber, and reinforced plastics represents one of the major factors augmenting the market growth around the world. Moreover, the rising utilization of mold release agents in tire production and the growing adoption of the die-casting technique for manufacturing metal body parts of vehicles are influencing the market positively. In addition, the increasing demand for intricate and complex mold designs is driving the usage of high performance mold release agents to facilitate the demolding of complex parts without compromising on surface quality or damaging the mold.
Apart from this, governing agencies of numerous countries are implementing stringent regulations to reduce volatile organic compound (VOC) emissions and consequently encouraging leading players to develop environment friendly mold release agents with low emission levels. Looking forward, the market value is projected to reach US$ 3.1 Billion by 2028, expanding at a CAGR of 6.2% during 20232028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/mold-release-agents-market
Key Market Segmentation:
The report has segmented the global Mold Release Agents market on the basis of type, component, deployment mode, organization size and vertical.
Product Insights:
• Water-Based • Solvents-Based
Type Insights:
• External • Internal
Semi-Permanent
Application Insights:
•
Die-Casting
• PU Molding •
Rubber Molding
• Composite Molding
• Plastic Molding
• Concrete
• Wood Composite and Panel Pressing
• Others
Regional Insights:
• North America
• United States
• Canada
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
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Competitive Landscape With Key Players: The competitive landscape global Mold Release Agents market has been studied in the report with the detailed profiles of the key players operating in the market.
• Ampacet Corporation
• Chem-Trend L.P. (Freudenberg Chemical Specialities SE & Co. KG)
• Chukyo Yushi Co. Ltd.
• Daikin Industries Ltd.
• Business Overview
• Dow Inc.
• Henkel Adhesives Technologies India Private Limited (Henkel AG & Co. KGaA)
• McGee Industries Inc.
• Michelman Inc.
• Miller-Stephenson Chemical Company Inc.
• Moresco Corporation
• Rexco Inc.
• Shin-Etsu Chemical Co. Ltd.
• Sumico Lubricant Co. Ltd.
• What was the size of the global Mold Release Agents market in 2022?
• What is the expected growth rate of the global Mold Release Agents market during 2023-2028?
• What are the key factors driving the global Mold Release Agents market?
• What has been the impact of COVID-19 on the global Mold Release Agents market?
• What is the breakup of the global Mold Release Agents market based on the thickness?
• What is the breakup of the global Mold Release Agents market based on the distribution channel?
• What are the key regions in the global Mold Release Agents market?
• Who are the key players/companies in the global Mold Release Agents market?
How has the global mold release agents market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global mold release agents market?
• What is the impact of each driver, restraint, and opportunity on the global mold release agents market?
• What are the key regional markets?
• Which countries represent the most attractive mold release agents market?
• What is the breakup of the market based on the product?
• Which is the most attractive product in the mold release agents market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the mold release agents market?
• What is the breakup of the market based on application?
• Which is the most attractive application in the mold release agents market?
• What is the competitive structure of the global mold release agents market?
• Who are the key players/companies in the global mold release agents market?
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