According to a market report by Lucintel, the future of the global mold release coating market looks promising with opportunities in the building and construction, food and beverage, and transportation markets. The global mold release coating market is expected to reach an estimated $0.5 billion by 2030 from $0.3 billion in 2023,at a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand for the low VOC solvent-based mold release and rising demand for high-quality molded products across diverse industrial sectors.A more than 150-page report to understand trends, opportunity and forecast in mold release coating market to 2030 by type (semi-permanent and sacrificial), formulation (water based and solvent based), application (die casting, plastic molding, composite molding, rubber molding, polyurethane molding, food processing equipment, wood composites, concrete, and others), end use (building and construction, food and beverage, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that semi-permanent will remain the larger segment over the forecast period due to its increased efficiency and low production costs.
Within this market, building and construction is expected to witness the highest growth because this coating helps in boosting summer cooling efficiency and winter heating efficiency in buildings and vehicles, thus saves energy and reduces greenhouse gas emissions.
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APAC is expected to witness highest growth over the forecast period due to increasing environmental concerns owing to surging pollution.
Chem-Trend, Franklynn Industries, Henkel, Marbocote, McGee Industries, Rexco, Lanxessare the major suppliers in the mold release coating market.
This unique 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 write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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