Mold Release Agents Market by Type (Water-based, Solvent-based), Application (Die-casting, Rubber Molding, Plastic Molding, Concrete, PU Molding, Wood Composite & Panel Pressing, Composite Molding, Others), & Region - Global Forecast to 2029

Mold Release Agents Market by Type (Water-based, Solvent-based), Application (Die-casting, Rubber Molding, Plastic Molding, Concrete, PU Molding, Wood Composite & Panel Pressing, Composite Molding, Others), & Region - Global Forecast to 2029

The mold release agents market is poised for steady growth, with a projected value of USD 2.9 billion by 2029, exhibiting a robust CAGR of 6.1% from its 2024 value of USD 2.2 billion. The need for high precision and quality in automotive components necessitates the use of advanced mold release agents that can ensure flawless surfaces and facilitate complex mold designs. The growing trend towards lightweight materials, such as composites and plastics, in automotive manufacturing further drives the demand for mold release agents market.

“Water-based mold release agents segment to be the fastest growing type for mold release agents market, in terms of value, during the forecast period”

The water-based mold release agents are the most used type in the mold release agents market, in terms of value, in 2023. This segment is projected to lead the mold release agents market, in terms of both value and volume, during the forecast period. The low VOC content of water-based mold release agents is in line with the increasing environmental awareness. They meet the strict environmental standards set by governments and regulatory agencies worldwide. These factors collectively contribute to water-based mold release agents being the largest type of mold release agents market.

“Die-casting application is estimated to be the largest application in mold release agents market, in terms of value, in 2023.”

The die-casting application segment accounted for the largest share, in terms of value, in 2023 and dominated the global mold release agents market. High melting point metals, such as alloys of zinc, magnesium, and aluminum, are frequently used in die-casting techniques. These materials have better mechanical qualities, but they also impose a lot of demand on the release agents to perform well even under extreme heat and pressure.

“Europe is estimated to be the second-largest mold release agents market in 2023, in terms of value.”

Europe is the second-largest market for mold release agents, in 2023. The robust manufacturing sector in Europe, especially in areas like consumer products, automotive, and aerospace, is closely associated with the market's significance in mold release agents. Mold release agents are widely used in these industries and are necessary for procedures like rubber molding, die-casting, and many more. The automotive industry demands precise engineering and superior manufacturing standards, requiring the use of mold release agents that can function under demanding circumstances.

In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:

By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%

By Designation: - C-Level - 23%, Director Level - 37%, and Others - 40%

By Region: North America - 24%, Europe - 40%, Asia Pacific - 17%, South America - 7%, and Middle East & Africa - 12%,

The key market players illustrated in the report include Freudenberg Group (Germany), Daikin Industries, Ltd. (Japan), Henkel AG & Co. KGaA (Germany), LANXESS AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Dow Inc. (US), Michelman, Inc. (US), Marbocote Ltd (UK), McGee Industries, Inc. (US), Miller-Stephenson, Inc. (US).

Research Coverage

This report segments the market for mold release agents on the basis of type, application, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for mold release agents.

Reasons to buy this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the mold release agents market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Rapidly growing automotive and construction industries, Increasing demand from various applications), restraints (Stringent regulations on solvent-based mold release agents, Rising use of non-stick coatings on molds), opportunities (Infrastructure development in rising economies), and challenges (Fluctuating raw material prices)

Market Penetration: Comprehensive information on mold release agents offered by top players in the global mold release agents market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the mold release agents

Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for mold release agents across regions.

Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global mold release agents market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the mold release agents market

Impact of recession on mold release agents