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Opportunities For The Global Mold Release Agent Market To Reach $1.2 Billion By 2022
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According to a new market report published by Lucintel, the future of the global mold release agent market is positive with opportunities in the die casting, rubber, tire, concrete, plastic, and food processing applications. The global mold release agent market is expected to reach an estimated $1.2 billion by 2022 and it is forecast to grow at a CAGR of 3.2% from 2017 to 2022. The major drivers of growth for this market are increasing use of mold release agent in die casting, tire and plastic applications.
In this market, die casting, tire and plastic are the major application. On the basis of its comprehensive research, Lucintel forecasts that the die casting segment is expected to remain the largest segment by value and will experience the highest growth over the forecast period supported by increase in automotive production and growth in construction industry.
The major material type used in different applications is water and solvent based mold release agent. Water based mold release agent is expected to be the largest material type by volume and will experience the highest growth over the forecast period because of its excellent properties: it is environmentally friendly, presents no fire hazards, and has zero VOC emissions.
External, internal, and semi-permanent mold release agents are the major product types used in different applications. External mold release agent holds the major market share in the global mold release agent market because it is easy to apply and requires less application technique.
Asia Pacific (APAC) is expected to remain the largest region by value and volume; APAC is also expected to experience the highest growth over the forecast period due to growth in end use industries. Growing industries in emerging economies like China, India, and South Asia countries are the major factor for driving the mold release market.
Emerging trends, which have a direct impact on the dynamics of the industry, include the rising shift to water-based release agents and increasing value of gluten-free baked products. Chem- Trend, Wacker Chemie, Daikin industries, Dow Corning, and Momentive Performance Materials are among the major suppliers of the mold release agent market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global mold release agent market by product type, material type application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Mold Release Agent Market 2017-2022: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global mold release agent market by product type, material type, application, and region as follows:
By Material Type (Volume (Million Pounds) and $M shipment analysis for 2011 – 2022):
• Water Based
• Solvent Based
By Product Type (Volume (Million Pounds) and $M shipment analysis for 2011 – 2022)
By Application (Volume (Million Pounds) and $M shipment analysis for 2011 – 2022)
• Die Casting
• Food Processing
By Region (Volume (Million Pounds) and $M shipment analysis for 2011 – 2022)
• North America
• Asia Pacific
• The Rest of the World
This 204 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email@example.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Analysis.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global mold release agent market by material type (water, solvent, and other), product type (external, internal, and semi-permanent), application (die casting, rubber, tire, concrete, plastic, food processing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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