The Mold Release Agents market size is projected to grow at CAGR 5.18% rate during the forecast period.
Increased use of mold release agents in various applications such as die-casting, rubber molding, PU molding, plastic molding, composite molding, and concrete is expected to boost the growth of the market.On the basis of product type, the mold release agents market has been segmented into water-based mold release agent, solvent-based mold release agent, and others. During the forecast period, water-based mold release agent is projected to lead the market in terms of value, owing to increased awareness about the use of environmentally friendly products. In addition, its non-flammable properties increased its usage in the market.
The PU molding is projected to remain the largest segment among others in the mold release agents market during the forecast period. Applications such as furniture, bedding, automotive seating, interior spaces of automobiles, and footwear soles demand for PU molding and hence fuel the growth of mold release agents market.
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1. Mold Release Agents Market, By Product Type
1.1. Water-Based Mold Release Agent
1.2. Solvent-Based Mold Release Agent
1.3. Others (paste, lubricating oil, and petroleum jelly)
2. Mold Release Agents Market, By Application
2.1. Die-Casting
2.2. PU Molding
2.3. Rubber Molding
2.4. Plastic Molding
2.5. Composite Molding
2.6. Wood Composite & Panel Pressing
2.7. Concrete
2.8. Others (paper, mining, electronics, and glass)
3. Mold Release Agents Market, By Region
3.1. North America
3.2. Europe
3.3. Asia Pacific
3.4. Rest of World
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