Global market for release coatings forecast at $259 million by 2030

Dublin, Ireland – The global market for Release Coatings estimated at US$171.9 Million in the year 2022, is projected to reach a revised size of US$259.8 Million by 2030, growing at a CAGR of 5.3% over the period 2022-2030. Silicone, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$146.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Silicone segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $46.3 Million, While China is Forecast to Grow at 9.2% CAGR

The Release Coatings market in the U.S. is estimated at US$46.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$60.8 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.

Select Competitors include: A-Line Products Corporation, E/M Coating Services, Hitac Adhesives and Coatings Inc., Maverix Solutions, Mayzo, Inc., Momentive Performance Materials, Inc., OMNOVA Solutions, Inc., Rayven, Inc., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG