Press release
Release Agents Market Rising at xx.xx% CAGR to 2023: Top Key Players are Associated British Foods, Avatar Corporation (U.S.), Archer Daniels Midland Company (U,S.) (U.K.)
Release Agents Market OverviewRelease agents are a necessary part of numerous manufacturing processes. They are often crucial, but they are not understood for the value which they can add. These release agents help in several ways like they increase productivity, increase tool/mould life, boost cycle times, boost part/surface quality and reduce scrap and defect rates, just to name a few of the several potential benefits.
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The significant drivers for Release Agents are growing demand for bakery foodstuffs such as pastries, breads, cakes and biscuits in light of increasing health awareness and changing lifestyle. Also surge in application of barrier agents in light of their rising availability and low price in developing economies will increase this industry. High costs of development and research in the area of Release Agents limits this industry.
Release Agents Market Forecast Report (2018-2023)
Release Agents Market is expected grow at a robust CAGR during the forecast period (2018-2023)"
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Release Agents Market Segmentation
The Global market for Release Agents is classified on the basis of composition, application, type and region. Based on composition, the market is classified into Emulsifiers, Antioxidants, Vegetable Oils, and Wax & Wax Esters. Based on Application, the market is classified into Bakery & Confectionery, Meat, and Processed Food. Based on type, the market is classified into Fluid, Solid, and Others. Silicone release agents find application in casting and molding for providing separation of a mould and lessen imperfections in the surface. The use of these products results in inducing less material waste, faster throughput and longer life of mold and machinery.
Geographically, the Release Agents market is classified into North America, Europe, Asia-Pacific, Latin America and Middle East Asia. North America is estimated to constitute the large share in this market, while the Asia Pacific region is expected to witness the fast growth and overtake North America, being the second large shareholder for the market during the forecast period.
Key developments
• In 2015, The Chem-Trend, launched Zyvax Takeoff a new semi-permanent, water based release agent for aerospace manufacturer. It contains vacuum bagging & autoclave molding of epoxy carbon fiber prepreg.
• The Gard Chemicals launched AsahiGuard E-SERIES, environment-friendly water and oil repellent agents. It has different types of materials such as woven, fabrics, non-woven fabrics and leather. It is suitable for a large range of applications such as food packaging, medical care, hygiene and sportswear.
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Major Players:
Major players in the current market are:
• Associated British Foods
• Avatar Corporation (U.S.)
• Archer Daniels Midland Company (U,S.) (U.K.)
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