Mold Release Agents Market Analysis

Mold Release Agents Market Analysis

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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.