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7.5% Growth Rate for Release Coating Market by 2025 | Global Major Manufacturers, Production and Sales Market Comparison
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The Release Coating Market is estimated to be USD 157 Million in 2020 and is projected to reach USD 225 Million by 2025, at a CAGR of 7.5%, between 2020 to 2025. This report spread across 200 Pages, Profiling 10 Companies and Supported with 117 Tables and 56 figures are now available in this research.
Top Companies Profiled in the Release Coating Market:
• Dow (US)
• Wacker Chemie AG (Germany)
• Elkem (Norway)
• Evonik Industries AG (Germany)
• Shin-Etsu Chemical Co. Ltd. (Japan)
• Omnova Solutions Inc. (US)
• Momentive Performance Materials Inc. (US)
• Mayzo Inc. (US)
• HITAC Adhesives and Coatings (US)
• SOLV Inc. 6(US)
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The increasing environmental regulations are restraining the growth of silicone release coating in North America and Europe, while lenient regulatory standards in the APAC drives the silicone release coating to grow faster than other regions. The strict regulatory standards are driving the non-silicone release coating to register the fastest growth in the material segment during the forecast period.
Increasing penetration of hygiene products such as baby diapers, sanitary napkins, and adult incontinence products in the developing countries and increased consumption of premium hygiene products in the developed countries is expected to drive the global release coating market during the forecast period.
“Release coating market is expected to decline in COVID-19 pandemic.”
The impact of COVID-19 has been severe, with the release coating market estimated to decline by 15.4% in 2020 in terms of value. End-use applications such as hygiene and medical are estimated to register positive growth in 2020 due to panic buying of hygiene products at the start of COVID-19 and the increased medical attention in 2020 due to the COVID-19 pandemic.
Competitive Landscape of Release Coating Market:
1 Overview
2 Competitive Situations and Trends
3 New Product Launches: Most Popular Growth Strategy Between 2012 and 2016
4 New Product Launches
5 Expansions
6 Agreements
7 Market Share Analysis
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Research Coverage:
This research report categorizes the release coating market on the basis of material, formulation, release liner, application, and region. The report includes detailed information regarding the major factors influencing the growth of the release coating market, such as drivers, restraints, challenges, and opportunities.
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