Market Size of Releasing Agents Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Releasing Agents Market Analysis
Global Releasing Agents Market is anticipated to register a CAGR of 4% during the forecast period 2020-2025.
- A release agent is a chemical used to prevent other materials from bonding to surfaces. It can provide a solution in processes involving mold release, die-cast release, plastic release, adhesive release, and tire and web release.
- The food industry, majorly baking, has been facing problems with the stickiness of food products, which resulted in material loss and obstructions in production. Manufacturers have begun to use essential oils as release agents, which in turn is boosting the releasing agents market globally.