Stratview Research announces the addition of a new market research report on Global Release Coatings Market by Coating Type (Silicone and Non-Silicone), by Formulation Type (Solvent-based, Water-based, Emulsions, and Others), by Application Type (Labels, Graphical, Film & Tapes, Hygiene, and Others), by End-Use Industry (Transportation, Aerospace & Defense, Medical, Food & Bakery, Packaging, Pulp & Paper, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022.
This market report from Stratview Research studies the global release coatings market over the period 2011 to 2022. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Release Coating Market: Highlights
As per Stratview Research, the global market for release coatings is expected to offer a robust growth of 5.9% CAGR during the forecast period of 2017 to 2022, which offers an opportunity to the chemical industry players to align themselves with the market growth.
There are several factors bolstering the growth of release coatings market. The author of the report cited 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 as some of the major growth drivers of the market.
As per the study, 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. It is also the fastest growing application type in the release coatings market, driven by increasing preference in the fast-moving consumer goods and packaging industries.
Based on end-use industry, packaging is expected to remain the largest end-use industry for release coatings during the forecast period, whereas medical is expected to witness the highest 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 its demand in the medical industry.
In terms of region, 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.
The key release coating manufacturers are 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.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on 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 research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global release coatings market
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