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Releasing Agents Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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  • 90 Pages
  • January 2022
  • Region: Global
  • Mordor Intelligence
  • ID: 5012041

Global Releasing Agents Market is anticipated to register a CAGR of 4% during the forecast period 2020-2025.

Key Highlights

  • 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.

Key Market Trends

Growing Demand for Baked Goods

Rising demand for freshly baked goods, due to the increasing health awareness about the nutritional benefits, and changing lifestyles are expected to promote the consumption of release agents. Moreover, rising demand for frozen desserts from key European countries, including Switzerland, Denmark, and Sweden owing to product innovation by baked goods manufacturers on a domestic level, is likely to increase the demand for release agents over the forecast period.

North America Holds a Prominent Share

North America is the dominant region in this market followed by Europe, owing to the high demand for baked goods, the presence of major players in these regions, and awareness about the benefits of using release agents. However, Asia Pacific is projected to be the fastest-growing market during the forecast period, due to greater awareness and an increase in the production of processed food in the region. Asian countries, especially China, have also emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. In relatively saturated markets such as the US and Europe, value-based pricing and raw material sourcing have emerged as major strategies for companies looking to establish a strong foothold in these markets.

Competitive Landscape

The key players of the global releasing agents market include Archer Daniels Midland Company, Avatar Corporation, AAK Foods, Dupont, IFC Solutions, Inc., Sonneveld Group BV, Puratos Group NV, Lecico GmbH among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This product will be delivered within 2 business days.

Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Type
5.1.1 Fluid Release Agents
5.1.2 Solid Release Agents
5.2 By Application
5.2.1 Food Bakery & Confectionery Processed Meat Others
5.2.2 Pharmaceutical
5.2.3 Industrial Application
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe United Kingdom Germany France Russia Italy Spain Rest of Europe
5.3.3 Asia Pacific India China Japan Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East & Africa South Africa Saudi Arabia Rest of Middle East & Africa
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Position Analysis
6.4 Company Profiles
6.4.1 Archer Daniels Midland Company
6.4.2 AAK Foods
6.4.3 Dupont
6.4.4 Avatar Corporation
6.4.5 IFC Solutions, Inc.
6.4.6 Sonneveld Group BV
6.4.7 Puratos Group NV
6.4.8 Lecico GmbH