Mold Release Agents Market Size, Share, Trends, Growth and Forecast 2030

Mold Release Agents Industry Prospective:

The global mold release agents market size was evaluated at $3.12 billion in 2022 and is slated to hit $5.69 billion by the end of 2030 with a CAGR of nearly 5.7% between 2023 and 2030.

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Mold Release Agents Market: Overview

Mold release agents operate through barrier creation between the mold surface and substrate. Moreover, the barrier removes adhesion between two materials, thereby preventing damage caused by mold and ensuring quick & easy mold release. Reportedly, mold release agents are also referred to as parting agents, anti-blocking agents, slip aids, and surface lubricants. Additionally, they are used in a slew of industries for improving the efficiency of production processes as they can help prevent two surfaces from sticking together, thereby avoiding substrate damage. For the record, mold release agents can either be semi-permanent or permanent.

Furthermore, mold release agents can be cooled easily and transferred directly into mold cavities that are referred to as external release agents, and can also be brought in contact with the polymer referred to as internal release agents. Mold release agents generally are available in various forms such as silicone, stearates, lecithin, and clay.  

Key Insights

• As per the analysis shared by our research analyst, the global mold release agents market is projected to expand annually at the annual growth rate of around 5.7% over the forecast timespan (2023-2030)
• In terms of revenue, the global mold release agents market size was evaluated at nearly $3.12 billion in 2022 and is expected to reach $5.69 billion by 2030.
• The global mold release agents market is anticipated to grow rapidly over the forecast timeline owing to escalating product applications in concrete, rubber, food processing, die-casting, plastics, paper, and others.
• In terms of product type, the water-based segment is slated to register the highest CAGR over the forecast period.
• Based on application, the die-casting segment is expected to dominate the segmental growth in the upcoming years.
• Region-wise, the North American mold release agents industry is projected to register the fastest CAGR during the assessment timeline.

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Mold Release Agents Market: Growth Factors

Surging product use in various end-use sectors to embellish the global market expansion over 2023-2030

Escalating product applications in concrete, rubber, food processing, die-casting, plastics, paper, and others will steer the global mold release agents market trends. Furthermore, a rise in the demand for products in a spectrum of manufacturing industries will embellish the expansion of the market across the globe. Humungous use of high-quality products will steer the growth of the market across the globe. The massive penetration of composites in various end-use sectors will prop up the scope of growth of the global market. The thriving automotive sector is also likely to contribute towards the growth of the global market in the coming years. Additionally, large-scale use of mold release agents reduces operating costs and time along with increasing output by leaps & bounds, thereby embellishing the global market expansion. A prominent rise in government investments for research activities along with rapid industrialization in emerging economies will steer the growth of the market across the globe. The presence of strong infrastructure in developing countries will contribute majorly to the global market size in the upcoming years. New product launches and product portfolio expansion are a few of the major business strategies executed by key business players to increase the profitability of their business globally. For instance, in the third quarter of 2018, Chem-Trend L.P., a key division of Freudenberg Group, launched the Zyvax portfolio of release agents formulated for use in aerospace composite materials.   

Mold Release Agents Market: Restraints

Oscillating prices of raw components can impede the industry expansion across the globe by 2030

Fluctuations in raw material costs and strict laws related to the use of the product can impede the expansion of the global mold release agents industry surge. In addition to this, strict legislation related to the use of products owing to their toxic nature can further create obstacles in the growth path of the industry globally. Apart from this, the easy availability of product substitutes can hamper the expansion of the industry across the globe.   

Mold Release Agents Market: Opportunities

An increase in product penetration in the emerging economies will create new facets of growth for the global market 

Escalating the use of products in developing countries along with a rise in the focus on sustainability can open new avenues of growth for the global mold release agents market. Thriving vehicle manufacturing and construction sectors will steer the expansion of the market globally. Rapid infrastructural growth in developing countries is likely to chart a profitable growth map for the global market.  

Mold Release Agents Market: Challenges

Stringent legislation pertaining to product use due to their toxic nature & VOC contents can impede the global industry surge by 2030

Strict laws related to solvent-based product use can pose a huge challenge in the growth path of the mold release agents industry across the globe.  

Mold Release Agents Market: Segmentation

The global mold release agents market is sectored into application, product type, and region.                                  

In product type terms, the mold release agents market across the globe is segregated into water-based and solvent-based segments. Furthermore, the water-based segment, which acquired nearly half of the global market earnings in 2022, is predicted to register the highest CAGR over the forecast timespan. The expansion of the segment during 2023-2030 can be due to their extensive usage in die-casting due to their ability to reduce adhesion to molding surface and substrate. In addition to this, water-based mold release agents are eco-friendly and emit less volatile organic compounds.  

Based on the application, the global mold release agents industry is sectored into die-casting, wood composite & panel pressing, rubber molding, composite molding, PU molding, and concrete segments. Additionally, the die-casting segment, which acquired a key share of the global industry share in 2022, is predicted to dominate the industry size in the coming eight years. The segmental expansion over the forecast timespan can be subject to large-scale use of die-casting in the automotive sector. Furthermore, a prominent increase in the production of vehicles will contribute notably towards the segmental surge in the years to come.  

Mold Release Agents Market: Report Scope

Mold Release Agents Market: Regional Insights

Asia-Pacific is predicted to retain its leading position in the global mold release agents market over the forecast timespan

Asia-Pacific, which contributed about half of the global mold release agents market revenue in 2022, will be a leading region over the forecast timespan. Moreover, the regional market surge over the coming eight years is subject to a prominent surge in product demand in countries such as India and China. Apart from this, an increment in product penetration in composites, PU, consumer durables, die-casting, concrete, wood, and plastic will spearhead the growth of the market in the sub-continent. Surging population and urbanization along with a surge in product sales in residential & commercial sectors will proliferate the regional market size. Prominent use of the product in furniture, consumer goods, and vehicles is likely to contribute majorly towards the market revenue in the sub-continent in the years ahead. Additionally, China and India are predicted to be the major regional revenue drivers.  

The North American mold release agents industry is set to record the highest CAGR in the coming eight years. The regional industry expansion over 2023-2030 can be attributed to a rise in the focus on expanding manufacturing units by governments of Canada and the U.S. Apart from this, the introduction of new products by key firms in these countries and the entry of new players in the business will further prompt the regional industry surge. Additionally, quick acceptance of new manufacturing systems and strict execution of regulations by government entities in the region will spur regional industry trends.

Mold Release Agents Market: Competitive Space

The global mold release agents market profiles key players such as:

• Dow Inc.
• Daikin Industries
• Henkel AG
• Freudenberg Group
• Sumico Lubricant
• Shin-Etsu Chemical
• Croda International
• Marbocote
• Cresset Chemical
• Miller-Stephenson
• Mcgee Industries
• LANXESS
• Kao Group
• Moresco Corporation
• Parker-Hannifin Corporation
• Tag Chemicals
• Ampacet Corporation

The market is highly fragmented with key players possessing nearly 7% to 8% of the global market share in terms of revenue and volume.

The global mold release agents market is segmented as follows:

By Product Type

• Water-Based
•  Solvent-Based

By Application

• Die-Casting
• Composite Molding
• Rubber Molding
• PU Molding
• Wood Composite & Panel Pressing
• Concrete

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa