Release Coatings Market 2018 Industry Report provides detailed market segment level data on the international market. This market report addresses forecast and growth patterns by company, regions and type or application from 2018 to 2023
The release coatings are widely used in labels, tapes, medical, food, bakery and other applications. Release coatings are extensively used in processed food as flow agents in manufacturing and also in packaging of processed food products due to its slip and nonstick properties. Label application sector is expected to witness the highest growth during the forecast years. The growing packaging industry coupled with government regulations of providing product information in packaging are attributing to the growth of the segment.
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Top Key Players:
Some of the prominent players operating in the global release coatings market are KISCO Limited (Japan), The Dow Chemical Company (U.S.), Cytec Solvay Group (U.S.), and BASF SE (Germany). Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan), and OMNOVA Solutions Inc. (U.S.)
The global release coatings market is segmented into material, formulation and application. On the basis of material the market is segregated into silicone and non-silicone. The market by formulation is bifurcated into solvent based, water based and oil emulsions. The market by application is further bifurcated into labels, tapes, hygiene, industrial, medical, food & beverages, and others
The release coatings market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to grow an encouraging CAGR. The growing population and the increasing personal disposable income in the developing nations are the major factors driving the growth of release coatings market. Moreover, the pharmaceutical and food industry in countries such as Japan, India, and China is adding to the demand for release coatings. In addition to this, the demand from the automotive industry is another factor positively effecting the market. Furthermore, with the increase in working population the demand for processed and on the go food products are propelling in the region which in turn is adding to the market growth owing to the use of release coatings in label and stickers in the food and beverage industry.
North America is another dominant region for the market of release coatings exhibiting an expanding CAGR. The presence of a well-developed end user industry coupled with the growing adoption rate are the major factors adding to this growth. Moreover, the fast paced lifestyle has augmented the demand for on the go food and beverages which is further expected to propel the growth in this region. In addition to this, the growing demand for hygiene products is also positively effecting the market growth.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
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