This report, from Stratview Research, studies the global release coatings market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.
The Global Release Coatings Market: Highlights
The global release coatings market is projected to witness a healthy CAGR of 5.9% during the forecast period of 2017 to 2022, driven by increasing penetration of silicone labels in the packaging industry, introduction of more stringent standards related to environment and safety, and an organic growth of the end-use industries, such as transportation, aerospace & defense, and food& bakery.
The global release coatings market is segmented based on coating type as silicone and non-silicone. Silicone is projected to remain the largest segment in the release coatings market during the forecast period. It is also projected to grow at a faster rate during the forecast period. Silicone release coatings are relatively inexpensive and offer better resistance to chemical, abrasion, and moisture. It is gaining traction in many applications, such as barcode labels, diaper tabs, packaging tapes, and postage stamps.
The global release coatings market is further segmented based on formulation type as solvent-based, water-based, emulsions, and others. Solvent is the most commonly used formulation type in release coatings; however, there would be a continuous shift from solvent based to water based, driven by safety, health, and environmental regulations. The usage of different release coating formations varies from region to region. For instance, water-based release coatings dominate North America and Europe, whereas solvent-based dominates Asia-Pacific.
The global release coatings market is also segmented based on application type as labels, graphical, film & tapes, hygiene, and others. The label is projected to remain the most dominant application type in the global release coatings market during the forecast period, driven by increasing use of self-adhesive labels in the packaging applications. The label segment is also the fastest growing application type in the release coatings market, driven by an increasing preference in the fast-moving consumer goods and packaging industries.
The global release coatings market is segmented based on end-use industry type as transportation, aerospace & defense, medical, food & bakery, packaging, pulp & paper, and others. Packaging is expected to remain the largest end-use industry for release coatings during the forecast period, whereas medical is expected to witness the fastest growth in the same period. High use of release coatings in healthcare products and increasing use of release coatings in the surgical and analytical instruments will drive the demand for it in the Medical industry.
Asia-Pacific is expected to remain the largest release coatings market during the forecast period. It alone occupied more than 50% of global release coatings market in 2015. The region is also expected to witness the highest growth over the next five years. China, Japan, Korea, India, and Taiwan are acting as the growth engines of the Asia-Pacific release coatings market. There would be a good shift from solvent-based to water-based release coatings in the Asia-Pacific region in the same period.
Dow Corning Corporation, Momentive Performance Materials, Evonik Industries AG, Mayzo Inc, OMNOVA Solutions Inc., Shin-Etsu Chemicals Co. Ltd., and Wacker Chemie AG are major players in the global release coatings market. High investment in R&D activities to develop new products meeting unmet market needs, wide geographical network and collaboration with customers are some of the key strategies adopted by major companies to gain a competitive edge over others.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We usually conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market Trend and Forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
The global release coatings market is segmented into the following categories:
Global Release Coatings Market by Coating Type:
- Silicone (Regional Analysis: NA, Europe, APAC, and RoW)
- Non-Silicone (Regional Analysis: NA, Europe, APAC, and RoW)
Global Release Coatings Market by Formulation Type:
- Solvent-based (Regional Analysis: NA, Europe, APAC, and RoW)
- Water-based (Regional Analysis: NA, Europe, APAC, and RoW)
- Emulsions (Regional Analysis: NA, Europe, APAC, and RoW)
- Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Release Coatings Market by Application Type:
- Labels (Regional Analysis: NA, Europe, APAC, and RoW)
- Graphical (Regional Analysis: NA, Europe, APAC, and RoW)
- Film & Tapes (Regional Analysis: NA, Europe, APAC, and RoW)
- Hygiene (Regional Analysis: NA, Europe, APAC, and RoW)
- Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Release Coatings Market by End-Use Industry Type:
- Transportation (Regional Analysis: NA, Europe, APAC, and RoW)
- Aerospace & Defense (Regional Analysis: NA, Europe, APAC, and RoW)
- Medical (Regional Analysis: NA, Europe, APAC, and RoW)
- Food & Bakery (Regional Analysis: NA, Europe, APAC, and RoW)
- Pulp & Paper (Regional Analysis: NA, Europe, APAC, and RoW)
- Packaging (Regional Analysis: NA, Europe, APAC, and RoW)
- Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Release Coatings Market by Region:
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of the Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the world (Country Analysis: Brazil, Argentina, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3)
- SWOT analysis of key players (up to 3)
Market Segmentation
- Current market segmentation of any one of the application type by coating type
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]
