The global release agents market is expected to witness growth on account of application growth in rubber, plastics, paper, food, and concrete industries. Growing demand for bakery foods such as bread, pastries, cakes, and biscuits in light of rising health awareness and changing lifestyles in emerging markets of China and India is expected to augment market growth over the forecast period. The prime intension of incorporating release agents is to prevent the bonding of exterior materials to main products. Release agents find application in the concrete construction industry on account of preventing the adhesion of fresh concrete to the forming surface such as plywood, overlaid plywood, aluminum, or steel. These release agents are available in the form of barriers and reactive agents. Barrier agents such as diesel oil, paraffin wax, heating oil, and motor oil have the ability to prevent dissimilar particles to cling to one another by forming a barrier or physical film between surface and concrete. Increasing the application of the aforementioned barrier agents in light of their increasing availability and low price is expected to have a positive impact on the release agents market. The development of surface staining and bug holes along with high evaporation rate associated with diesel and motor oils is expected to restrict the application of barrier agents.
Reactive release agents perform their function through the chemical reaction between former and free limes comprised of fresh concrete. These reagents create a soapy film to prevent adhesion and reduce residues. Naturally derived fatty acids are mostly deployed as reactive release agents in the construction and food & beverage industries. The eco-friendly nature of fatty acids is expected to promote their application as release agents over the forecast period. Increasing depletion of crude oil and natural gas has forced chemical manufacturers to shift their focus on the development of water-based product offerings which is likely to have a positive impact on the release agents market. Release agents find application in the food & beverage industry for separating food from containers after the processes such as roasting or baking. They are finding applications in the food and beverage industry on account of providing moist surface and tendency towards preventing stickiness. Other product forms of release agents include coconut fat, soy oil, palm kernel oil, candelilla wax, lecithin, tocopherol, citric acid, and catalyst cured silicone derived from vegetable oil. Release agents are used in the plastic industry for preventing adhesion bonding to the surface during film production. Silicone release agents find application in casting and molding for providing separation of mold and reduce imperfections in the surface. The incorporation of these silicon-based products results in inducing less material waste, faster throughput, and longer life of mold and machinery.
Asia Pacific is expected to be the fastest-growing market in light of application growth of bakery and confectionery industries in China and India. Changing lifestyles and increasing health awareness in emerging economies of China, India, and Malaysia are likely to be driving factors for the growing consumption of baked foods and thus in turn may fuel release agents’ market. Robust manufacturing base of rubber in Thailand, Indonesia, Malaysia, and Vietnam is expected to propel market growth over the forecast period. The Government of Mexico launched the National Infrastructure Plan (NIP) in 2014, aimed for promoting infrastructural development in different sectors such as energy, water, housing, and tourism which is expected to develop the construction industry and in turn fuel release agents market demand. Robust manufacturing base of paper & pulp in Brazil, Mexico, and Indonesia is expected to force release agents market players to keep their production sites in the vicinity.
Major release agents market players include 3M, BASF, Chem-Trend, Daikin, DuPont, Henkel, Franklynn Industries, AXEL, Avatar Corporation, and Par-Way Tryson. Refining capacity expansion in Middle East in light of supportive regulations to promote foreign investments is expected to increase the availability of motor oils and fuel oils and thus increase raw material availability for market players over the forecast period. The government of India announced Draft National chemical Policy in September 2013, intended for increasing the country’s chemical output from 3% in 2014 to 6% by 2020. This regulatory move is expected to open new market opportunities for manufacturers over the forecast period. The U.K based Ecoratio Company develops environment-friendly release agents for concrete applications and claims to perform under most diverse weather conditions and production methods.