What is Global Mandrel Release Agents Market?
The Global Mandrel Release Agents Market is a specialized sector within the broader chemical industry. It focuses on the production and distribution of release agents that are used in conjunction with mandrels. Mandrels are tools or materials that provide shape to objects during manufacturing processes. The release agents are applied to the mandrel to ensure that the manufactured object can be easily removed without causing any damage. These agents play a crucial role in industries such as automotive, aerospace, and construction where precision and quality are of utmost importance. The market for these agents is driven by the demand from these industries and the technological advancements in the manufacturing processes.
Solvent-based Mandrel Release Agents, Water-based Mandrel Release Agents, Others Mandrel Release Agents in the Global Mandrel Release Agents Market:
Diving deeper into the types of Mandrel Release Agents, we have Solvent-based, Water-based, and Others. Solvent-based Mandrel Release Agents are popular due to their quick drying times and excellent release properties. They are often used in high-temperature applications due to their resistance to heat. On the other hand, Water-based Mandrel Release Agents are environmentally friendly and safer to use. They are typically used in applications where health and safety are a priority. The category of Others includes agents that are based on different types of materials and technologies. Each type of agent has its own set of advantages and disadvantages, and their usage depends on the specific requirements of the manufacturing process.
SBR, NBR, EPDM, PVC, Others in the Global Mandrel Release Agents Market:
The Global Mandrel Release Agents Market finds its application in several areas including SBR, NBR, EPDM, PVC, and Others. SBR or Styrene-Butadiene Rubber is a synthetic rubber that is widely used in the tire industry. Mandrel Release Agents are used in the manufacturing process of SBR to ensure the smooth removal of the rubber from the mandrel. Similarly, NBR or Nitrile Butadiene Rubber, another type of synthetic rubber, also uses these agents in its manufacturing process. EPDM or Ethylene Propylene Diene Monomer is a type of synthetic rubber that is used in various applications such as automotive weather stripping and seals, and it also requires Mandrel Release Agents. PVC or Polyvinyl Chloride is a widely used plastic material that uses these agents in its manufacturing process. The category of Others includes various other materials and industries that use Mandrel Release Agents.
Global Mandrel Release Agents Market Outlook:
The Global Mandrel Release Agents Market has shown promising growth in recent years. In 2022, the market was valued at US$ 61 million and it is expected to reach US$ 79 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period of 2023-2029. The Asia Pacific region was the largest market for Mandrel Release Agents in 2019, accounting for 44.33% of the global sales. This can be attributed to the robust manufacturing sector in countries like China, India, and Japan. Europe and North America followed closely, holding 24.41% and 22.28% of the market respectively. These regions are also expected to contribute significantly to the growth of the market in the coming years.
| Report Metric | Details |
| Report Name | Mandrel Release Agents Market |
| Accounted market size in 2022 | US$ 61 in million |
| Forecasted market size in 2029 | US$ 79 million |
| CAGR | 3.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Chem-Trend, Struktol, McGee Industries, WN SHAW, Evonik Industries, Lion Specialty Chemicals, Lotréc AB, Münch Chemie, Maverix Solutions, Shanghai HD Chemical, Dongguan Antai Fine Chemical, Caldic, APV Engineered Coatings |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
