Release Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Release Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description

Coating is a film or covering applied on the surface of an object. It is generally referred to as ‘substrate’. The function of coatings is to alter surface properties such as adhesion, wettability, corrosion resistance, and wear resistance of substrates. Release agent is a chemical used to prevent other materials/carriers from bonding to surfaces/substrates, providing critical barrier between them. Release coating is a film, which is coated on one or two sides with a release agent. The release agent provides a release effect against an adhesive. Release coatings are often used as back side coatings for paper products or films for various cohesive and pressure sensitive adhesive applications.

The global release coatings market is primarily driven by the increase in demand in food and bakery, hygiene, and medical industries. Mechanical flexographic printing process, which is used for sticker and label printing, is being replaced by digital printing process owing to the adhesive properties of release coatings. This rise in demand for digital label printing process is also fueling the market for release coatings. Furthermore, increase in per capita income and rise in awareness about health care are boosting the release coatings market in developing economies. Development and manufacture of polydimethylsiloxane (PDMS)-based release coatings is expected to provide lucrative opportunities to the release coatings market. However, volatility in prices of raw materials and high degree of customization required for varied applications can hamper the release coatings market.

Based on material, the release coatings market can be segmented into silicone and non-silicone. Silicone based release coatings possess the property of reproducing releasing force. Thus, they are highly effective where self-adhesive, vibration or sound dampening, and heat-insulation materials are used. Non-silicone based release coatings possess the property of customized controlled release. They are widely used in surface protection tapes, self-wound film tapes, and heat transfer labels.

In terms of formulation, the release coatings market can be divided into solvent-based, water-based, and oil emulsion. Solvent-based coatings provide good anchorage for applications such as pressure sensitive label stock, industrial single-sided release papers, and nonstick food-grade packaging. Water-based release coatings are used in a broad range of applications in food and baking, tapes, and industrial sectors. Oil emulsion-based release coatings possess long bath life, good shear stability, and low foaming potential. Thus, they are suitable for two-sided differential applications like pressure sensitive adhesive laminates and tapes

Based on application, the release coatings market can be segmented into labels, tapes, hygiene, industrial, medical, and food & bakery. Owing to its several favorable characteristics such as chemical and corrosion resistance, durability, anti-stick, dielectric and chemical insulation, heat resistance, dry lubrication, and abrasion, release coatings have been used for several purposes including baking, food packaging, and other industrial applications. Demand for release coatings has been rising, led by the approval of the U.S. Food and Drug Administration (FDA) and Canadian Food Inspection Agency (CFIA).

In terms of geography, the release coatings market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a rapidly growing region of the market due to the rapid expansion in developing countries and emerging hygiene sector. North America and Europe hold significant share, while Latin America and Middle East & Africa are the evolving hubs of the release coatings market.

Key players operating in the global release coatings market include Dow Corning Corporation, Wacker Chemie AG, Momentive Performance Materials Inc., Evonik Industries AG, and Rayven, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market      

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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