Aluminum Die Casting Mold Release Agents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The global Aluminum Die Casting Mold Release Agents Market is poised for substantial growth in the coming years, according to a comprehensive research report by the publisher. The market is estimated to surpass a valuation of US$310 Million in 2024 and is expected to experience a steady growth rate, reaching a value of US$460 Million at the end of the forecast period.

Crucial Role of Mold Release Agents

Mold release agents are indispensable substances used in various industries to prevent materials from sticking to underlying surfaces. These agents enhance surface quality, extend product life, provide lubricity, and reduce scrap and defects in molded products. They find applications in a wide range of industries, including rubber molding, PU molding, composite molding, die casting, and more.

Market Dynamics

Thriving Demand in End-Use Industries

The automotive industry, in particular, is a significant consumer of aluminum die casted components and products. Critical parts of vehicles, including clutch housing, gearbox, steering box, engine support, and turbocharger body, rely on aluminum die casting mold release agents. The demand for lightweight automotive vehicles has led to a surge in the use of aluminum die casting, as it helps reduce overall vehicle weight and improve fuel efficiency. This trend is driving the growth of the global aluminum die casting mold release agents market.

Regulatory Challenges

However, regulatory challenges pose a constraint to market growth. Solvent-based mold release agents containing chlorofluorocarbon (CFC) and other volatile hydrocarbons emit volatile organic compounds (VOCs). Governments in North America and Europe have imposed stringent regulations on the handling and disposal of these agents. This includes restrictions on mold release agents containing more than 25% diesel or home heating oils. The Department of Transportation (DOT) has also prohibited the use of highly combustible and high VOC-containing release agents.

Global Economic Factors

Additionally, the global aluminum die casting mold release agents market is influenced by macroeconomic and geographical factors, which have caused a slowdown in the global economy. These factors are expected to hamper market growth during the forecast period.

Country-wise Insights

U.S. Market Outlook

The United States is witnessing robust growth in the aluminum die casting mold release agents industry, driven by increasing production and demand for aluminum-related products across various industries. The country is expected to create a significant absolute dollar opportunity by the end of the forecast period.

Chinese Market Scenario

China is expected to play a substantial role in the global aluminum die casting mold release agents market, both in terms of volume and value. The demand for these agents is on the rise in industries such as automotive, electrical and electronics, and construction, driven by population growth, urbanization, and increased production and sales of automotive vehicles.

Competitive Landscape

The global market for aluminum die casting mold release agents is moderately fragmented, with numerous global, medium-scale, and small-scale players. The market's competitive nature is further intensified by the presence of regional and domestic manufacturers. Mold release agents manufacturers are focusing on profitability through cost reductions within their existing product portfolios.

Key Companies Profiled

• Henkel AG and Company, KGaA
• FUCHS LUBRITECH GmbH
• Vesuvius
• Chem Trend L.P.
• METAL FLOW SA
• ACMOS CHEMIE KG
• Quaker Chemical Corporation
• Lubrochem Srl
• The HILL and GRIFFITH Company
• Acme International (Thailand) Co., Ltd.
• Lubgraf Synoils Pvt. Ltd.
• Daikin Industries
• Thermal-Lube Inc
• Deaho Industries Ltd.
• Miller-Stephenson, Inc.
• Ultraseal India Pvt. Ltd.
• Baraldi S.r.l.
• Genesee Polymers Corporation
• JandS Chemical
• General Chemical Corp

Market Segmentation

By Type, the market is segmented as:

• Water-Based
• Solvent-Based

By Application, the market is segmented as:

• Industrial Equipment
• Electrical and Electronics
• Automotive Components
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia and Pacific
• Middle East and Africa

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