Mold Release Agents Market - By Type (Water-Based, Solvent-Based, Semi-Permanent, Permanently Bonded), By Material (Polyurethane, Rubber, Plastic, Composite), By Application & Forecast, 2024 – 2032

Mold Release Agents Market Size

Mold Release Agents Market size was valued at around USD 2.2 billion in 2023 and will grow at a CAGR of 5.4% from 2024 to 2032. The primary function of mold release agents is to facilitate the easy release of molded parts from the mold surface. They help prevent adhesion or sticking of the molded material to the mold, ensuring smooth and efficient demoulding. Mold release agents contribute to faster and more efficient production cycles by reducing the time and effort required for demoulding. This leads to increased productivity in manufacturing processes.
 

The use of mold release agents can lead to cost savings by reducing scrap rates and minimizing the need for mold maintenance or repairs caused by excessive sticking or mold fouling.

Choosing the right mold release agent that is compatible with the specific molding material and mold surface is crucial. Incompatibility can lead to poor mold release, reduced product quality, or surface defects. In some cases, mold release agents may leave residues on the molded parts, affecting surface finish and adhesion of coatings or adhesives if further processing is required. The mold release agents market must navigate complex regulations related to chemical safety, environmental protection, and workplace safety. Thus, the risks associated with Mold release agents may drive down the acceptance rate, further hampering the business growth.
 

COVID-19 Impact

During the lockdowns and restrictive measures imposed to control the spread of the virus, many industries scaled back or temporarily suspended their manufacturing operations. This slowdown in manufacturing activities could have affected the demand for mold release agents. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the industry expansion in the upcoming years.
 

Mold Release Agents Market Trends

There is a growing demand for mold release agents that are eco-friendly and comply with environmental regulations. Manufacturers are increasingly focusing on developing low-VOC (volatile organic compounds) and non-hazardous formulations to meet sustainability goals. The market is witnessing the development of specialty mold release agents tailored for specific applications and industries. These formulations are designed to address unique requirements, such as high-temperature molding, complex geometries, and advanced composite materials.
 

Mold Release Agents Market Analysis

Based on type, the mold release agents market is segmented as water-based, solvent-based, semi-permanent, permanently bonded. Water based held a majority market value of USD 0.7 billion in 2022. Water-based mold release agents are favored due to their low VOC content and reduced environmental impact, addressing concerns about air pollution and worker safety. The demand for water-based mold release agents is driven by regulations that restrict the use of solvent-based agents with higher VOC emissions. Moreover, an increasing usage will further accelerate the segmental demand.
 

Based on application, the mold release agents market is segmented as rubber, polyurethane, plastic, composite, others. Rubber held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace till 2032. Mold release agents are essential in rubber molding to ensure easy and efficient demolding of finished rubber products, preventing sticking and surface defects. Mold release agents help achieve a smooth and defect-free surface finish on rubber parts.
 

Based on application, the mold release agents market is segmented as die-casting, Pu molding, concrete, rubber molding, plastic molding, composite molding, wood composite & panel pressing, other. Die-casting held a dominant market share in 2022 and is anticipated to grow at 4.9% CAGR through 2032. Mold release agents are used to protect the mold surface from adhesion and corrosion caused by molten metal during casting processes. Thus, the high-quality services and growing usage of Mold release agents are anticipated to expedite the business statistics.
 

U.S. dominated the North American region with majority mold release agents market share and a revenue of USD 0.5 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032. North America has a significant manufacturing sector, including automotive, aerospace, consumer goods, and construction. These industries extensively use molding processes and, consequently, mold release agents to facilitate efficient production and achieve high-quality finished products.
 

Mold Release Agents Market Share

Some of the major market players operating in the mold release agents market are:

• Chem-Trend L.P.
• Henkel Corporation
• LORD Corporation
• Chemlease
• Wacker Chemie AG
• Croda International Plc
• Daikin Industries, Ltd.
• Shin-Etsu Chemical Co. Ltd.
• REXCO
• Grignard Company LLC
• Michelman
• Zyvax
• Marbocote Ltd.
• AXEL Plastics Research Laboratories
• Cresset Chemical Company

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
 

Mold Release Agents Industry News:

• In November 2019, Chem-Trend L.P., a subsidiary of Freudenberg Group has announced the expansion by the launch of its brand-new Chem-Trend Now app available for customers in US & Canada. This convenient tool provides instant access to information about the Chem-Trend products such as mold release agents and purging compounds.

Mold release agents market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:

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By Type

• Water-Based
• Solvent-Based
• Semi-Permanent
• Permanently Bonded

By Material

• Polyurethane
• Rubber
• Plastic
• Composite
• Others

By Application

• Die-casting
• Pu Molding
• Concrete
• Rubber Molding
• Plastic Molding
• Composite Molding
• Wood Composite & Panel Pressing
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Egypt