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Mold release agents market projected to reach $2.5 billion by 2024

  6/13/2019 - Chicago, IL - According to the market research report published by MarketsandMarkets, the mold release agents market is projected to reach $2.5 billion by 2024, at a CAGR of 6.0 percent from $1.8 billion in 2019. Growing production of automobiles and increased use of mold release agents in various applications such as rubber molding, PU molding and composite molding are expected to drive the mold release agents market. In addition, rapid urbanization and industrialization in countries such as China and India will increase the demand for various end-use products such as concrete, rubber, plastics and wood. This factor is estimated to drive the mold release agents market. The water-based mold release agent product type segment is estimated to lead the market, in terms of value, in 2019. The demand for water-based mold release agents is growing, because the absence of volatile organic compounds (VOCs) and other harmful chemicals makes them friendlier to the environment and omits risks in terms of health and safety when compared to solvent-based mold release agents. Polyurethane (PU) molding application is estimated to be the largest segment of the mold release agents market during the forecast period. The PU molding application is estimated to be the largest segment of the mold release agents market, in terms of value, during the forecast period. The growing use of PU in applications such as furniture, bedding, automotive interiors, carpet underlay, construction and packaging, among others, has driven its demand, which in turn drives the demand for mold release agents in their molding process. APAC is the largest mold release agents market and is expected to continue dominating the global market during the forecast period. The market is largely driven by increased investments in the manufacturing industries. An improving living standard has been driving the growth of the automotive, as well as the construction industries, which is expected to drive the mold release agents market. The key market players profiled in the report include Henkel AG & Co. KGaA (Germany), Croda International Plc (U.K.), Chem-Trend L.P. (U.S.), Marbocote Limited (U.K.), Shin-Etsu Chemical Co., Ltd. (Japan), Lanxess Group (Germany), Michelman, Inc. (U.S.), McGee Industries, Inc. (U.S.), Daikin Industries Ltd. (Japan), Miller-Stephenson, Inc. (U.S.), Lord Corporation (U.S.) and TAG Chemicals GmbH (Germany).

Friday, September 20, 2019

Automotive silicone market is projected to reach $3.33 billion by 2023 - click to expand

Goodyear ordered to pay $6.7 million for exploding tire death - click to expand

Freudenberg Sealing Technologies is developing a new generation of conductive seals - click to expand

Lanxess launches high performance wheel solution - click to expand

Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman - click to expand

PolyOne launches new black masterbatch colorants with sustainable carbon black - click to expand

Thursday, September 19, 2019

Aerospace tapes market projected to register a CAGR of 4.0 percent though 2024 - click to expand

Students can showcase technology skills at annual Goodyear Innovation Challenge - click to expand

Birla Carbon releases seventh annual sustainability report - click to expand

TechnoBiz announces Rubber Industry Training Week 2019 for the U.S. and Thailand - click to expand

Lanxess commissions two additional production lines for Tepex composite material - click to expand

Clariant listed in the 2019 Dow Jones Sustainability Index - click to expand

Wednesday, September 18, 2019

Global automotive summer tire market is expected to record a CAGR of almost 5% by 2023 - click to expand

Lubrizol achieves a Gold sustainability rating from EcoVadis - click to expand

Brenntag Specialties expands distribution agreement with BASF - click to expand

Michelin, Continental AG and Smag announce joint venture for sustainability practices for the natural rubber industry - click to expand

Petronas Chemicals completes the acquisition of silicone manufacturer Da Vinci Group - click to expand

Accella Tire Fill Systems changes name to Carlisle TyrFil - click to expand

Tuesday, September 17, 2019

Davis-Standard introduces DS-Blend feedscrew design - click to expand

Global injection molding machines market forecast to reach $21 billion by 2026 - click to expand

Eastman experts to discuss increased efficiency in tire production at the International Elastomer Conference - click to expand

Fort Wayne Mold & Engineering announces the retirement of Rick Schmidt - click to expand

DIC to acquire BASF’s global pigments business - click to expand

Thailand has become the world's largest rubber exporter - click to expand

Monday, September 16, 2019

Davis-Standard readies for the 2019 International Elastomer Conference - click to expand

Enviro develops financing solutions for plants based on international corporate bonds - click to expand

Smithers unifies under one brand - click to expand

ChemSpec is exclusive distributor of Himadri carbon blacks in the U.S. and Canada - click to expand

ExxonMobil introduces sustainable solutions and innovative applications at K 2019 - click to expand

Dow Chemical selected by Fortune magazine for its Change the World list - click to expand

Friday, September 13, 2019

Tokai Carbon announces new president of Cancarb Limited - click to expand

Budzar Industries announces new vice president - click to expand

Cooper Tire’s Tread Wisely program reminds young drivers to plan ahead for roadside emergencies - click to expand

Apollo Tyres sharpens focus on the SUV segment in India - click to expand

Future Foundation (India) establishes U.S. sales and service center - click to expand

Book of the day: Thermoplastic Elastomers - click to expand

Market Reports

Polyisoprene latex market forecast to reach $231 million by 2029 - click to expand

Automotive silicone market is projected to reach $3.33 billion by 2023 - click to expand

Aerospace tapes market is projected to register a CAGR of 4.0% though 2024 - click to expand

Global automotive summer tire market is expected to record a CAGR of almost 5% by 2023 - click to expand

Global injection molding machines market forecast to reach $21 billion by 2026 - click to expand

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