The release agents market has seen considerable growth due to a variety of factors.
• The release agents market has grown steadily in recent years. It will grow from $1.06 billion in 2024 to $1.12 billion in 2025, at a compound annual growth rate (CAGR) of 5.8%.
The market’s growth is due to the growth of the automotive industry, the construction boom, food processing industry expansion, and advancements in chemical formulations.
The release agents market is expected to maintain its strong growth trajectory in upcoming years.
• The release agents market is anticipated to grow significantly, reaching $1.38 billion by 2029 at a CAGR of 5.4%.
This growth is driven by the expansion of the pharmaceutical industry, advancements in biotechnology, regulatory changes, the aging population, the rise in chronic diseases, and the expiration of patents. Trends include a growing demand for natural ingredients, an emphasis on health and wellness, the rise of clean-label products, innovations in formulations, and a focus on convenience and efficiency.
The growth of the release agents market is anticipated to be spurred by the expansion of the bakery and confectionery sectors. These sectors involve the manufacture and sale of baked items such as bread, pastries, cakes, candies, and other sweet delicacies. Additionally, the rise in food service establishments like cafes, restaurants, and fast-food chains has led to increased consumption of bakery and confectionery items. In the production process, release agents are used to prevent these baked goods from sticking onto baking surfaces, thus facilitating their effortless removal and preserving their quality. For example, data from the Government of Canada, the federal administration body, revealed that retail sales of baked goods in the U.S. witnessed a compound annual growth rate (CAGR) of 5.9%, hitting US$82.9 billion in 2022. The forecast suggests a CAGR of 3.1% from 2023 to 2027, expecting a rise to US$97.7 billion by 2026. Consequently, the upsurge in the bakery and confectionery sectors is fuelling the release agents market's growth.
The release agents market covered in this report is segmented –
1) By Product: Emulsifiers, Vegetable Oils, Antioxidants, Wax And Wax Esters
2) By Form: Liquid, Solid
3) By Sales Channel: Direct Sales And Wholesalers, Independent Grocery Retailer, Non-Store Retailers, Other Sales Channels
4) By Application: Bakery, Confectionery, Processed Meat, Convenience Food, Other Applications
Subsegments:
1) By Emulsifiers: Mono- And Diglycerides, Lecithin, Polysorbates, Sorbitan Esters, Fatty Acids And Derivatives
2) By Vegetable Oils: Soybean Oil, Palm Oil, Sunflower Oil, Coconut Oil, Canola Oil
3) By Antioxidants: Butylated Hydroxytoluene (Bht), Butylated Hydroxyanisole (Bha), Tocopherols (Vitamin E), Ascorbic Acid (Vitamin C), Citric Acid
4) By Wax And Wax Esters: Paraffin Wax, Carnauba Wax, Beeswax, Candelilla Wax, Montan Waxes
Leading organizations in the release agent market are channeling their energies towards the creation of inventive solutions like water-based mold release agents in response to escalating ecological concerns and the need for regulations that advocate safer, more sustainable offerings. Water-based mold release agents, which are benign and ecologically sound formulations, avert material adhesion to molds during production sequences. Taking for example, Kao Corporation, a chemical enterprise based in Japan, made public the introduction of LUNAFLOW RA in May 2024. This is a water-based release agent that is free from solvents and fluorine, leveraging the use of cellulose nanofibers (CNF) to provide superior demolding effectiveness and longevity, all while improving production efficacy through the prevention of material adhesion and promoting environmental sustainability.
Major companies operating in the release agents market are:
• BASF SE
• DuPont de Nemours Inc.
• Daikin Industries
• Henkel AG
• Shin-Etsu Chemical Co. Ltd.
• Evonik Industries AG
• AkzoNobel N.V.
• Wacker Chemie AG
• Clariant AG
• Croda International plc
• Lord Corporation
• Momentive Performance Materials
• Michelman Inc.
• Chem-Trend L.P.
• Stoner Inc.
• AFT Fluorotec Ltd
• MÜNZING Chemie GmbH
• Rexco
• Axel Plastics Research Laboratories Inc.
• Miller-Stephenson Chemical Co.
• McLube
• Franklynn Industries Limited
• Münch Chemie International GmbH
• Marbo America Inc
• Cresset Chemical Co
North America was the largest region in the release agents market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the release agents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.