Mold Release Coatings Market - Forecast(2022 - 2027)

Report Code: CMR 42409 Report Format: PDF + Excel

Mold Release Coatings Market Overview

Mold Release Coatings Market size is forecast to reach US$350.4 million by 2026, after growing at a CAGR of 4.5% during 2021-2026. Globally, the increasing usage of mold release coatings owing to their properties in various applications such as die casting, food processing equipment, wood composite, plastic processing, and others, has raised the growth of the market. Furthermore, the rising demand for low VOC solvent-based mold release coatings is estimated to drive market growth. Rising capital spending in construction activities and the setting up of large-scale infrastructure projects in various countries are driving the demand for mold release coatings. In addition, major investments in the industrial sector are expected to create opportunities for the growth of the mold release coatings industry over the forecast period.

Impact of Covid-19

Halt in several ongoing construction projects further affected the overall growth of the mold release coatings industry over the forecast period. Major public and private sector industrial sector projects were also paused due to the sudden emergence of the COVID-19 outbreak in the year 2020. Considering the current normal situation it is anticipated that with the restart of several construction activities the market for mold release coatings would further rise over the forecast period.

Mold Release Coatings Market Report Coverage

The report “Mold Release Coatings Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the mold release coatings market.

By Type: Semi-permanent and Sacrificial.
By Formulation: Water Based and Solvent Based.
By Application: Die Casting, Plastic Molding, Composite Molding, Rubber Molding, Polyurethane Molding, Food Processing Equipment, Wood Composites, Concrete, and Others.
By End Use Industry: Building and Construction, Food and Beverage, Transportation, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

  • Asia-Pacific region dominated the mold release coatings market owing to the rising building and construction, automotive, and other end-use industries.
  • Increasing demand and adoption for water-based mold release coatings in concrete mold owing to its non-flammable and environmentally friendly properties is estimated to raise the demand for mold release coatings in the forecast period.
  • Growing investment in the building and construction industry in emerging nations has created a large demand for precast concrete blocks, which is predicted to continue to expand in the near future, propelling the demand for mold release coatings.
  • Factors such as high production cost and rising demand for non-stick coatings are, however, expected to pose a significant challenge for the growth of the mold release coatings market.

Figure: Asia Pacific Mold Release Coatings Market Revenue, 2020-2026 (US$ Million)

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Mold Release Coatings Market Segment Analysis –By Type

The semi-permanent segment held the largest share in the mold release coatings market in the year 2020. Mold release agents that are semi-permanent allow for several releases before reapplication. Semi-permanent mold release agents are designed to prevent mold build-up and contaminating transfer, hence extending the durability of the mold release coatings. Also, the increasing usage of semi-permanent mold release agents can also improve the cosmetic finish on many composite parts. Since semi-permanent mold release coating is exceptionally thin, durable, transparent, and abrasion-resistant. Thus, it forms a semi-permanent barrier on the mold surface, allowing for exceptional rubber or plastic component release. Thus, the rising demand for semi-permanent mold release coatings is estimated to drive the growth of the market over the forecast period.

Mold Release Coatings Market Segment Analysis –By Application

Concrete segment held the largest share in the mold release coatings market in the year 2020. Mold release coatings are used in concrete molds to lessen the adherence of freshly deposited concrete, resulting in fewer broken blocks and reduced concrete waste, as well as increased efficiency and cheaper production costs. Increasing usage of mold release coatings to keep freshly lay concrete away from sticking to a forming surface, such as plywood, steel, or aluminum is estimated to drive the market growth. Reactive release agents react with the concrete to create soapy films that hinder adhesion to the mold, whereas barrier release agents build a physical barrier between the mold and the concrete. Since water-based formulations are now being used for environmental benefits as the industry strives toward greener technologies. Thus, it is anticipated that the rising demand for water-based mold release coatings in concrete mold would further drive the market growth.

Mold Release Coatings Market Segment Analysis –By End Use Industry

Building and construction segment has dominated the market for the mold release coatings market in 2020 and is growing at a CAGR of 5.9% during 2021-2026. Mold Release Coatings are materials that regulate heat transfer, generally in buildings or multi-wheelers, through windows or any other openings. They boost summer cooling efficiency and winter heating efficiency in buildings and vehicles, thus saving energy and reducing greenhouse gas emissions. This results in lower energy bills for longer periods and regulated temperature management. Increasing investment in infrastructure and construction in emerging economies has an enormous demand for prefabricated concrete blocks and is expected to increase further in the near future, which in turn is also expected to raise the demand for mold release coatings. Mold release coatings are used in the building and construction industry to create, precast concrete mold that can be used in various construction activities, such as bridges, roads, houses, footpaths, and various other structures. Thus, the above factors are likely to increase the demand for mold release coatings in the forecast period.

Mold Release Coatings Market Segment Analysis – By Geography

Asia Pacific region dominated the mold release coatings market with 47.7% in the year 2020. In the Asia Pacific region, China is the largest car producer. The automotive sector of the country has influenced product growth, with the country concentrating on exporting goods, ensuring fuel efficiency, and minimizing emissions (owing to growing environmental concerns due to mounting pollution in the country). Moreover, due to the help of the 'Made in China 2025' initiative to upgrade the current low-cost mass production to higher value-added advanced manufacturing, production was hit 30 million units in 2020. Additionally, the design and construction is another main end-user field in the country for mold release coatings. Despite attempts to rebalance its economy to a more service-oriented base, China has major construction plans underway, including providing for the migration of 250 million people to its megacities in the next ten years. For instance, in April 2019, the Chinese government spent about US$ 72 billion on construction in the region. Thus, with the rising growth of the end-use industries, the market for mold release coatings is also anticipated to rise over the forecast period.

Mold Release Coatings Market Drivers

Rapidly Developing Industrial Sector In Emerging Economies 

Rapid industrialization is expected to drive the global mold release coatings market in emerging economies such as India, Indonesia, Brazil, and Mexico. Owing to their exponential economic growth in recent years, the demand for mold release coatings in these emerging countries is gradually rising. With the rapidly developing industrial sector in various manufacturing sectors, the mold release coatings are anticipated to see rapid growth in the upcoming years. Also, the expansion of several industries such as automobile, packaging, chemicals, building & construction, textiles, consumer goods, and pharmaceutical industries have substantially expanded the market growth. The existence of government policies that encourage the growth of these sectors, lower labor costs, skilled workforce, availability of raw materials, and increased urbanization have allowed domestic and foreign companies to set up new facilities in these countries. Thus, the growth of several industrial sectors in these regions is projected to drive the demand for mold release coatings, thereby boosting the overall market growth.

Mold Release Coatings Market Challenges

High Production Cost and Demand for Non-stick Coatings

Several factors might resist the growth of the global mold release coatings market in the upcoming years. Firstly the high production cost of the mold release coatings, and secondly the wide adoption and demand for non-stick coatings. Additionally, in the upcoming years, strict regulations associated with the use of solvent-based mold release coatings are likely to obstruct the mold release coatings market growth. Owing to the easy availability of alternatives such as non-stick coatings on molds, and increasing usage in food processing equipment, and other applications are also expected to curb the global demand for mold release coatings during the forecast period.

Mold Release Coatings Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the mold release coatings market. Major players in the mold release coatings marketare Henkel AG & Co.KGAA, Wacker Chemie AG, Croda International PLC, Daikin Industries Ltd., and Shin-Etsu Chemical Co., Ltd, and among others.

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1. Mold Release Coatings Market - Market Overview
    1.1 Definitions and Scope
2. Mold Release Coatings Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Formulation
    2.3 Key Trends by Application
    2.4 Key Trends by End Use Industry
    2.5 Key Trends by Geography
3. Mold Release Coatings Market - Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Mold Release Coatings Market - Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Mold Release Coatings Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis - Major Companies
6. Mold Release Coatings Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Mold Release Coatings Market -Strategic analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Mold Release Coatings Market– By Type (Market Size - US$ Million)
    8.1 Semi-permanent
    8.2 Sacrificial
9. Mold Release Coatings Market– By Formulation (Market Size - US$ Million)
    9.1 Water Based
    9.2 Solvent Based
10. Mold Release Coatings Market– By Application (Market Size - US$ Million)
    10.1 Die Casting
    10.2 Plastic Molding
    10.3 Composite Molding
    10.4 Rubber Molding
    10.5 Polyurethane Molding
    10.6 Food Processing Equipment
    10.7 Wood Composites
    10.8 Concrete
    10.9 Others
11. Mold Release Coatings Market– By End Use Industry (Market Size - US$ Million)
    11.1 Building and Construction
        11.1.1 Residential
        11.1.2 Commercial
        11.1.3 Industrial
        11.1.4 Infrastructure
    11.2 Food and Beverage
    11.3 Transportation
        11.3.1 Automotive
            11.3.1.1 Passenger Cars
            11.3.1.2 Light Commercial Vehicles
            11.3.1.3 Heavy Commercial Vehicles
        11.3.2 Aerospace
        11.3.3 Others
    11.4 Others
12. Mold Release Coatings Market- By Geography (Market Size - US$ Million)
    12.1 North America
        12.1.1 USA
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Netherlands
        12.2.6 Spain
        12.2.7 Russia
        12.2.8 Belgium
        12.2.9 Rest of Europe
    12.3 Asia Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 India
        12.3.4 South Korea
        12.3.5 Australia and New Zealand
        12.3.6 Indonesia
        12.3.7 Taiwan
        12.3.8 Malaysia
        12.3.9 Rest of Asia Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Colombia
        12.4.4 Chile
        12.4.5 Rest of South America
    12.5 ROW
        12.5.1 Middle East
            12.5.1.1 Saudi Arabia
            12.5.1.2 UAE
            12.5.1.3 Israel
            12.5.1.4 Rest of Middle East
        12.5.2 Africa
            12.5.2.1 South Africa
            12.5.2.2 Nigeria
            12.5.2.3 Rest of South Africa
13. Mold Release Coatings Market - Entropy
    13.1 New Product Launches
    13.2 M&A’s, Collaborations, JVs and Partnerships
14. Mold Release Coatings Market - Market Share Analysis Premium
    14.1 Market Share at Global Level- Major companies
    14.2 Market Share by Key Region- Major companies
    14.3 Market Share by Key Country- Major companies
    14.4 Market Share by Key Application - Major companies
    14.5 Market Share by Key Product Type/Product category- Major companies
15. Mold Release Coatings Market - Key Company List by Country Premium Premium 
16. Mold Release Coatings Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Mold Release Coatings Market Size 2018
2 Canada Mold Release Coatings Market Share 2018
3 Brazil Mold Release Coatings Market Outlook 2019 - 2023
4 Mexico Mold Release Coatings Market Research 2018
5 Germany Mold Release Coatings Market Trends 2019 - 2023 
6 France Mold Release Coatings Market Growth 2019 - 2023 
7 UK Mold Release Coatings Market Demand 2019 - 2023 
8 Italy Mold Release Coatings Market Segmentation 2018
9 Russia Mold Release Coatings Market Analysis 2019 - 2023
10 China Mold Release Coatings Market Revenue 2019 - 2023
11 Japan Mold Release Coatings Market Volume 2019 - 2023
12 South Korea Mold Release Coatings Market Potential 2019 - 2023
13 India Mold Release Coatings Market Leaders 2018
14 Saudi Arabia Mold Release Coatings Market Forecast 2019 - 2023 
15 Kuwait Mold Release Coatings Market Value 2018

List of Figures

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