LONDON, Dec. 9, 2015 /PRNewswire/ -- Increase use of mold release agents in application industries
The mold release agents' market size is expected to reach USD 1.5 billion by 2020, registering a CAGR of 6.1% between 2015 and 2020. The fast growth in end-use industries such as automotive, construction & manufacturing, and food processing is one of the key reasons which are expected to drive the demand for mold release agents.
Die casting application to dominate the market
The die casting application segment dominated the global mold release agents market in 2014. The food processing and rubber application segments are projected to register the highest growth rate between 2015 and 2020. Water based mold release agent is the most commonly used type of mold release agent as it is environment friendly.
Asia-Pacific expected to be the fastest growing market during forecast period
Asia-Pacific is estimated to be the fastest-growing market for mold release agents in the world. This is owed to the presence of emerging economies such as India and China. North America, however, accounted for the largest market share of the global mold release agents market, by value, in 2014. North America is followed by Europe and Asia-Pacific.
Break-up of profile of primary participants for the report
- By Company Type – Tier 1–30%, Tier 2–43%, and Tier 3–27%
- By Designation – C Level– 43%, Director Level–30%, Others–27%
- By Region – North America–37%, Europe–23%, Asia-Pacific–26%, and RoW–14%
The report includes company profiles of major players; recent activities in the market such as new product launches, expansions, and R&D; and SWOT analysis. Some of the major companies profiled in this report are Chem-Trend L. P. (U.S.), Henkel AG & Co. KGaA (Germany), Wacker Chemie AG (Germany), Croda International Plc (U.K.), Michelman Inc. (U.S.), Cresset Chemical Company (U.S.), Daikin Industries (Japan), MCGee Industries, Inc. (U.S.), Marbocate (U.K.), Grignard LLC (U.S.), Chukyo Europe GmbH (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), and REXCO (U.S.).
While making strategic decisions in business, timely and useful information is required. This report fulfills the requirements of various stakeholders, including material suppliers, product manufacturers, investors and executives. Some of the salient features of this report include:
- Porter's Five Force Analysis
- Value Chain Analysis
- Market Segmentation (Type, Application, and Region) by Volume and Value
- Competitor Analysis
- Detailed Information on Strategic Developments in the Industry
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