Release Agents Market Size, Share and Forecast 2026
The global release agent market by volume accounted for USD XX million in 2019 and is expected to grow at a CAGR of XX% to reach USD XX million in 2026.
(EMAILWIRE.COM, September 12, 2019 ) Market Overview
The release agent is a chemical, typically a liquid used to facilitate the easy removal of molded or cast parts from the molds. Release agents are an integral part of many manufacturing processes, as they usually are used to enhance productivity, extend tool/die/mold life, increase cycle times, improve part/surface quality and reduce scrap and defect rates.
The increasing application of release agents in concrete and bakery is expected to boost the market growth, especially in the Asia-Pacific region, owing to the rapid urbanization in the area.
Market Dynamics
The increasing use of release agents in the construction and food processing industries is the primary market driver. Moreover, the new technological advancements have helped in developing eco-friendly, and high-performance release agent which has boosted the demand for release agents in various applications.
New formulations based on vegetable esters is expected to mitigate the toxic properties of release agents and would drive the market. For instance, in October 2016, ASK Chemicals has launched a new release agent, ECOPART HINO 50 which is suitable for all inorganic core and mold-making processes.
This new product is an eco-friendly water-based emulsion, which is virtually odorless even at temperatures of 200o C and is free from any harmful constituents and solvents.
However, the fluctuating raw material costs, especially vegetable oil, is expected to hamper the growth of the market. Moreover, conventional release agents are known to be toxic to humans and the environment which might hinder the growth of the market.
Market Outlook
The Global release agents market is segmented by application and the type. By type, the worldwide release agent market is segmented into semi-permanent, sacrificial and water or solvent-based.
By the application, the global release agent market is segmented into food processing, concrete, plastics, paper, and others. Food processing is the largest and the fastest growing application segment owing to the increased use of release agents in the bakery and confectionery industry majorly in the Asia-Pacific region.
The rapid urbanization has increased the demand for bakery food in the Asia-Pacific region, especially in China and India. The use of release agents in the bakery industry reduces the production cycle time significantly, and also the labor costs incurred in cleaning pans, trays or molds.
Geographical Share
The Global release agent market is segmented into the regions as North America, Europe, Asia Pacific, South America, and others. Asia-Pacific is the largest and the fastest growing segment owing to the increased use of release agents in the bakery and construction industry.
The rapid industrialization has increased the adoption of release agents for concrete as they help in significantly reducing the loss of water from the pavement, reduce cracks due to internal restraints and permits easy removal of shuttering.
Moreover, with the rapid urbanization, there has been an increased demand for bakery products, which has significantly increased the use of release agents in bakery industry owing to their superior quality in suppressing the adhesion without requiring to oil the baked goods.
Competition Analysis
The global release agents market is highly competitive with the presence of the primary key players in most of the regions.
The key market players are highly focused on acquiring green, unique and complementary release agent technologies that would enhance their distribution capabilities. For instance, in September 2018, Vantage Speciaity Chemicals Holdings, Inc., has acquired The Amarna Company, which is widely recognized as an industry leader in high-performance release products and spray systems used in a variety of food applications. This acquisition is expected to expand Vantages product portfolio by providing an excellent complementary fit with its oil-based release agents.
Company Profiles
3M
AAK AB
Avatar Corporation
BASF SE
Chem Trend
Daikin
DowDuPont Inc.
Henkel.
Puratos NV
Sonneveld
What are the key takeaways?
Food Processing is the largest and fastest growing application segment, owing to the increased use in the bakery industry majorly in the Asia-Pacific region.
Asia-Pacific is the fastest growing geographic segment, owing to the rapid urbanization and industrialization that created tremendous opportunities in the construction and the bakery industries.
The global release agent market is highly competitive with the major players focused on acquiring critical innovators in green and unique release agent technologies.
View full sample report: https://www.datamintelligence.com/research-report/release-agents-market
Download free sample: https://www.datamintelligence.com/download-sample/release-agents-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
The release agent is a chemical, typically a liquid used to facilitate the easy removal of molded or cast parts from the molds. Release agents are an integral part of many manufacturing processes, as they usually are used to enhance productivity, extend tool/die/mold life, increase cycle times, improve part/surface quality and reduce scrap and defect rates.
The increasing application of release agents in concrete and bakery is expected to boost the market growth, especially in the Asia-Pacific region, owing to the rapid urbanization in the area.
Market Dynamics
The increasing use of release agents in the construction and food processing industries is the primary market driver. Moreover, the new technological advancements have helped in developing eco-friendly, and high-performance release agent which has boosted the demand for release agents in various applications.
New formulations based on vegetable esters is expected to mitigate the toxic properties of release agents and would drive the market. For instance, in October 2016, ASK Chemicals has launched a new release agent, ECOPART HINO 50 which is suitable for all inorganic core and mold-making processes.
This new product is an eco-friendly water-based emulsion, which is virtually odorless even at temperatures of 200o C and is free from any harmful constituents and solvents.
However, the fluctuating raw material costs, especially vegetable oil, is expected to hamper the growth of the market. Moreover, conventional release agents are known to be toxic to humans and the environment which might hinder the growth of the market.
Market Outlook
The Global release agents market is segmented by application and the type. By type, the worldwide release agent market is segmented into semi-permanent, sacrificial and water or solvent-based.
By the application, the global release agent market is segmented into food processing, concrete, plastics, paper, and others. Food processing is the largest and the fastest growing application segment owing to the increased use of release agents in the bakery and confectionery industry majorly in the Asia-Pacific region.
The rapid urbanization has increased the demand for bakery food in the Asia-Pacific region, especially in China and India. The use of release agents in the bakery industry reduces the production cycle time significantly, and also the labor costs incurred in cleaning pans, trays or molds.
Geographical Share
The Global release agent market is segmented into the regions as North America, Europe, Asia Pacific, South America, and others. Asia-Pacific is the largest and the fastest growing segment owing to the increased use of release agents in the bakery and construction industry.
The rapid industrialization has increased the adoption of release agents for concrete as they help in significantly reducing the loss of water from the pavement, reduce cracks due to internal restraints and permits easy removal of shuttering.
Moreover, with the rapid urbanization, there has been an increased demand for bakery products, which has significantly increased the use of release agents in bakery industry owing to their superior quality in suppressing the adhesion without requiring to oil the baked goods.
Competition Analysis
The global release agents market is highly competitive with the presence of the primary key players in most of the regions.
The key market players are highly focused on acquiring green, unique and complementary release agent technologies that would enhance their distribution capabilities. For instance, in September 2018, Vantage Speciaity Chemicals Holdings, Inc., has acquired The Amarna Company, which is widely recognized as an industry leader in high-performance release products and spray systems used in a variety of food applications. This acquisition is expected to expand Vantages product portfolio by providing an excellent complementary fit with its oil-based release agents.
Company Profiles
3M
AAK AB
Avatar Corporation
BASF SE
Chem Trend
Daikin
DowDuPont Inc.
Henkel.
Puratos NV
Sonneveld
What are the key takeaways?
Food Processing is the largest and fastest growing application segment, owing to the increased use in the bakery industry majorly in the Asia-Pacific region.
Asia-Pacific is the fastest growing geographic segment, owing to the rapid urbanization and industrialization that created tremendous opportunities in the construction and the bakery industries.
The global release agent market is highly competitive with the major players focused on acquiring critical innovators in green and unique release agent technologies.
View full sample report: https://www.datamintelligence.com/research-report/release-agents-market
Download free sample: https://www.datamintelligence.com/download-sample/release-agents-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results