Lucintel's latest market report analyzed that mold release agent provides attractive opportunities in die casting, rubber, tire, concrete, plastic, and food processing applications. The mold release agent market is expected to reach $1.4 billion by 2026 with a CAGR of 4.1%. In this market, solvent based is the largest segment by material type, whereas others are largest by application. The rising shift to water-based release agents and increasing value of gluten-free baked products provides strategic growth path in this market.
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Based on material type, the mold release agent market is segmented into water, solvent and other. The solvent based segment is accounted for the largest share of the market in 2020 due to its excellent properties and the water based mold release agent is expected to witness highest growth over the forecast period.
Browse in-depth TOC on “Mold Release Agent Market”
117 – Tables
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212 – Pages
The mold release agent market is marked by the presence of several big and small players. Some of the prominent players offering mold release agent include Chem- Trend, Wacker Chemie, Daikin industries, Dow Corning, and Momentive Performance Materials and others.
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