Mold Release Agents Market Forecasts to 2030 – Global Analysis By Product Type (External Mold Release Agents, Internal Mold Release Agents, Semi-Permanent, Permanent Bonded and Other Product Types), Type (Solvent-Based Mold Release Agents, Water-Based Mol

Mold Release Agents Market Forecasts to 2030 – Global Analysis By Product Type (External Mold Release Agents, Internal Mold Release Agents, Semi-Permanent, Permanent Bonded and Other Product Types), Type (Solvent-Based Mold Release Agents, Water-Based Mold Release Agents and Other Types), Application and By Geography

According to Stratistics MRC, the Global Mold Release Agents Market is accounted for $2.15 billion in 2023 and is expected to reach $3.62 billion by 2030 growing at a CAGR of 7.7% during the forecast period. In order to stop a substrate from adhering to a molding surface, mold release agents are utilized. The casting material would bond to the mold in the absence of a mold release barrier. The quality and efficiency of the molding process may be significantly impacted by this. These agents are a crucial component of the molding process for composite, plastic, and rubber materials and function by putting up a wall between the substrate and the mold's surface.

According to the OECD, China’s trade flow with South America has increased up to 22 times since 2000. China is the biggest trading partner of Brazil, Argentina, Peru, and Chile, investing in everything ranging from energy to aircraft and infrastructure which will drive the demand for mold release agents which are used in construction and aerospace.

Market Dynamics:

Driver:

Rising demand from automobile industry

Die casting and rubber molding are the two main industries that employ mold release agents. Products made of rubber and diecasting are utilized most often in the automobile industry. The manufactures of tires involve the use of mold release agents. Whereas die casting is largely used in the automotive sector to create metal car body pieces. The increase in global demand for vehicles is what propels the production of autos which are therefore employed more often in the industry. In addition due to its ability to prevent cement or concrete from adhering to surfaces used for molding, such as plywood, steel, or aluminum, mold release agents are also often employed in the construction industry which encourages in the growth of the mold release agents market.

Restraint:

Availability of alternative nonstick coatings

The widespread availability of alternative nonstick coatings, which offer a higher surface quality and decrease porosity, severely hampers the demand for mold releasing agents worldwide. Furthermore, governments from a number of nations throughout the world have put strict restrictions on the emissions of volatile organic compounds. As a result, manufacturers are being compelled to transition to alternate mold releasing agents. Additionally, stability problems and biological assault may be more common with water-based release agents. Water-based release agents may not be suitable for all room temperature molding processes or operations with short cycle periods since they evaporate more slowly than their solvent-based counterparts.

Opportunity:

Increasing demand for castings and decreased operating expenses

The need for casting components has increased, and rubber molding operations in the automobile sector which have expanded along with it. Moreover the use of mold release agents considerably decreases operating expenses and time while multiplying production. Additionally, these agents provide a better surface quality and solve the porosity problem. Numerous major manufacturers are concentrating on the development of environmentally friendly mold release agents with the lower level of volatile organic compound emissions in response to the increasing number of environmental laws aimed at reducing emissions of volatile organic compounds (VOCs) thereby propelling the market growth.

Threat:

Strict guidelines for solvent bases mold releasing agents

CFC and other volatile hydrocarbons are included in solvent-based mold release agents. Some of them emit fumes that are very volatile organic compound (VOC) laden. Both North American and European nations have laws requiring specific handling and disposal procedures for these mold releasing agents. Mold release agents containing more than 25% diesel or home heating oil’s are prohibited by EPA (Environmental Protection Agency) requirements for clean air and clean water. Additionally, the use of extremely flammable and high VOC containing release agents is restricted by the Department of Transportation (DOT).

Covid-19 Impact

Many companies reduced or temporarily halted their industrial activities during the lockdowns and restrictive measures put in place to stop the virus' spread. The demand for mold release agents might have been impacted by this halt in industrial operations. Therefore, it is projected that the industry development in the approaching years will be driven by the decreased number of COVID-19 cases and the execution of subsequent initiatives by government and non-government organizations.

The water-based mold release agents segment is expected to be the largest during the forecast period

The water-based mold release agents segment is estimated to have largest market share, due to growing consumer awareness about using eco-friendly goods. They can be employed to chill the die to create mold release agents that function on par with solvent-based release agents in terms of technology. Because they are non-flammable and water-based, mold release agents are often utilized in the molding industry. Thus the industry is being driven by an increase in demand for PU for usage in a variety of applications, including furniture, bedding, automotive seats, car interiors, and shoe soles.

The die-casting segment is expected to have the highest CAGR during the forecast period

The die-casting segment is anticipated to witness the highest growth during the forecast period, owing to the widespread use of lower melting metals and alloys like zinc for the casting of big parts, including engine blocks, and the rising need for metals like aluminum and magnesium globally. The integration of this technology into a variety of industries or sectors, including as the automotive, home appliance, marine, industrial machinery, construction hardware, office equipment, and aerospace, is likely to spur market expansion.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising economies of China, India, and Malaysia which are increasing their consumption of baked products as a result of lifestyle changes and increased health awareness. Moreover, rapid urbanization and rising demand for homes, businesses, furniture, consumer goods, and cars are predicted to increase demand for building materials like wooden panels, steel, PU foams, cement, and concrete, which is predicted to increase demand for mold release agents in this region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period; owing to the increased focus on the expansion of manufacturing facilities and the introduction of more advanced and innovative goods into the market by important firms in the region. Early adoption of cutting-edge production techniques and the implementation of a number of regulatory standards by regional government agencies are creating new prospects for market expansion.

Key players in the market

Some of the key players profiled in the Mold Release Agents Market include DuPont, Daikin Industries, Ltd., Ampacet Corporation, Chem Trend L.P, Cresset Chemical, Croda International Plc, Freudenberg Group, Grignard Company, LLC, Henkel AG & Co. KGaA, Lanxess AG, Marbocote Ltd, Mcgee Industries, Inc, Michelman, Inc., Miller-Stphenson, Inc., Moresco Corporation, Parker-Hannifin Corporation, Shin-Etsu Chemical Co. Ltd., Sumico Lubricant Co. Ltd and Wacker Chemie AG.

Key Developments:

In July 2023, DuPont Launches first nanofiltration membrane elements for high productivity Lithium-Brine purification, New FilmTec™ LiNE-XD nanofiltration membrane elements feature advanced membrane chemistry to support Direct Lithium Extraction (DLE) operations, which enable Lithium production from more sustainable and accessible sources.

In January 2023, Freudenberg acquires remaining ownership interest in battery manufacturer XALT Energy from joint venture partner MBP Investors. Freudenberg thus becomes sole owner of XALT Energy.

In September 2022, Daikin and Saarathee, India partner to unlock opportunities for Professionals with Disabilities, this initiative aim to provide an equal opportunity platform, bringing together persons with disabilities to engage with Daikin across various outsourcing.

Product Types Covered:
• External Mold Release Agents
• Internal Mold Release Agents
• Semi-Permanent
• Permanent Bonded
• Other Product Types

Types Covered:
• Solvent-Based Mold Release Agents
• Water-Based Mold Release Agents
• Other Types

Applications Covered:
• Die-Casting
• Polyurethane Molding
• Rubber Molding
• Composite Molding
• Plastic Molding
• Wood Composite & Panel Pressing
• Concrete
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Companies Mentioned
Ampacet Corporation.
Chem Trend L.P.
Cresset Chemical
Croda International Plc
Daikin Industries, Ltd.
DuPont
Freudenberg Group
Grignard Company, LLC
Henkel AG & Co. KGaA
LANXESS AG
Marbocote Ltd
Mcgee Industries, Inc.
Michelman, Inc.
Miller-Stphenson, Inc.
MORESCO Corporation
Parker-Hannifin Corporation
Shin-Etsu Chemical Co. Ltd.
Sumico Lubricant Co. Ltd
Wacker Chemie AG