Global Mold Release Agent Market Industry Analysis and Forecast (2017-2026)
Added: (Fri May 24 2019)
Pressbox (Press Release) - Global Mold Release Agent Market was valued US$ 1.48 Bn in 2017 and is expected to reach US$ 2.6 Bn by 2026, at CAGR of 7.3% during forecast period. Factors behind the growth of market include organic growth of end-user industries like automobile production and rapid increase in construction activities, rising demand for mold release coated plastics, and increasing expenditure on research activities. Also, demand for Mold Release Agents is predicted to witness significant growth during the forecast period. Rising crude oil production across the globe is also predicted to be an important driver for mold release agent market. Increasing automobile production and sales along with rising consumption of lubricants are likely to drive the growth of the market. Additionally, the use of mold release agents significantly reduces operational cost and time and also, mold release agents provide greater surface finish and also remove the problem of porosity. Fast urbanization coupled with an increasing income of the middle class in the emerging economies is predicted to push the growth of the market during the forecast period, 2017 to 2026. At the same time, implementation of strict regulations by various government bodies has restricted the use of toxic organic chemicals used in the production of mold release agent, which is expected to limiting the growth of the market. One of the major challenges in the global mold release agents market is the easy availability of alternative non-stick coatings which provide better surface finish and reduce the problem of porosity. Another factor limiting the growth of the global mold release agents market is the fluctuating raw material prices, which is significantly impacting the success of manufacturers and distributors. The die casting segment accounted for the major shares during 2016 and it is expected to continue during the forecast period. This segment is dominating because of its wide-scale usage in the rapidly growing automotive and construction industries to help improve the manufacturing efficiency and reduce the overall costs. Among the regions, Asia Pacific holds the maximum market share during the forecast period. The rapid growth of end-user industries, such as construction, machinery, automotive and other different kinds of processing applications drive the growth of the market. Growing industries in developing economies like China, India, and South Asia countries are the major factor for driving the mold release market. Countries such as North America and Europe, also represent a significant market share. But, these regions are likely to grow at a relatively slower pace due to the relatively mature market for end-use industries, especially the automotive industry. The presence of a number of players in the mold release agents market appears to be highly fragmented and competitive. To increase their revenue shares, the players in this market space are focusing on the expansion of their production facilities and new product launches. To compete with the existing large players, the new entrants are focusing on developing new technologies and ideas. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Global Mold Release Agent Market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTERs analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Mold Release Agent Market.Scope of Global Mold Release Agent Market:Global Mold Release Agent Market, By Material Type: Water Based Solvent Based OthersGlobal Mold Release Agent Market, By Product Type: External Internal Semi-permanentGlobal Mold Release Agent Market, By Application: Die Casting Rubber Tire Concrete Plastic Papers Food Processing OthersGlobal Mold Release Agent Market, By Region: North America Europe Asia-Pacific South America Middle East & AfricaKey Players Operated in Market Include: Chem-Trend DAIKIN INDUSTRIES, Ltd. Dow Corning Henkel AG & Co. KGaA Wacker Chemie Aerol Formulations ASK Chemicals Axel Plastics Research Laboratories BάFA Chem-Verse Consultants CHUKYO YUSHI Croda International Plc Michelman Inc. Cresset Chemical Company MCGee Industries, Inc. Marbocat Ltd. Grignard Company, LLC Quaker Chemical Corporation Moresco Corporation For More Information Visit https://www.maximizemarketresearch.com/market-report/global-mold-release-agent-market/29359/This Report Is Submitted By @Global Market Research CompanyCustomization of the report:Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.About Maximize Market Research:Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info:Name: Lumawant GodageOrganization: MAXIMIZE MARKET RESEARCH PVT. LTD.Email: sales@maximizemarketresearch.comAddress: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk, Pune, Maharashtra 411051, India.Contact: +919607065656/ +919607195908
Submitted by:Savita kumari