India’s fluorosilicone release coating market is steadily growing, projected to continue until 2034, with a 5.5% CAGR. The growth of the market can be attributed to the increasing demand for Fluorosilicone Release Coatings owning to the Films, Tapes, Stickers and Labels, Others Applications across the global level.
NEWARK, Del, April 10, 2024 (GLOBE NEWSWIRE) — The global fluorosilicone release coating market value is forecast to increase from US$ 245.1 million in 2024 to US$ 395.5 Million by 2034. Over the assessment period, global demand for fluorosilicone release coatings will likely surge at a CAGR of 4.9%.
Demand is expected to remain for high water-based fluorosilicone release coatings due to their eco-friendliness and low environmental effect. The target segment will likely expand at 5.1% CAGR between 2024 and 2034.
Several factors are anticipated to propel fluorosilicone release coating demand during the assessment period. These include fluorosilicone release coatings’ excellent release properties and expanding applications in industries like automotive, packaging, and medical devices.
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Fluorosilicone release coatings are widely used in applications like tapes, adhesives, release liners, and labels. This is due to their superior non-stick characteristics. These coatings can also withstand extreme temperatures, making them ideal for various applications in demanding environments.
The ability of fluorosilicone release coatings to improve production efficiency by reducing downtime and waste caused by material sticking is fueling their adoption in the industrial sector. These coatings can survive extreme environmental conditions.
Robust expansion of the packaging industry is expected to fuel sales of fluorosilicone release coatings. This is due to their rising adoption for producing release liners used in adhesive applications like tapes, labels, and protective films.
Growing popularity of fluorosilicone release coatings in the automotive and food sectors will likely boost sales growth. These coatings play a key role in the food processing and packaging sectors to prevent food contamination and ensure product quality.
Another key factor fostering market growth is the rising demand for high-quality release coatings in the thriving electronics sector for applications like protective tapes and films. Fluorosilicone release coatings are ideal for these electronic applications due to their excellent release properties, durability, and chemical resistance.
Regionally, North America leads the global fluorosilicone release coating industry, accounting for a significant share in 2024. This is due to factors such as strong industrial infrastructure, technical developments, and a strong emphasis on innovation. The region’s manufacturing and automotive industries, which are recognized for their strict quality standards, are increasingly using fluorosilicone release coatings to improve efficiency and product performance.
Key Takeaways from the Fluorosilicone Release Coating Market Report:
- The global fluorosilicone release coating industry size is set to reach US$ 395.5 million by 2034.
- By product type, demand for water-based fluorosilicone release coatings will likely rise at 1% CAGR.
- Based on application, the adhesives and tapes segment is expected to grow at 4% CAGR through 2034.
- India is set to register a steady CAGR of 5% from 2024 to 2034.
- Fluorosilicone release coating sales in China will likely surge at 4.4% CAGR through 2034.
“Our recent market research study on the Fluorosilicone Release Coating Market reveals a promising trajectory, fueled by its remarkable chemical resistance and high-temperature stability. As the demand for non-stick and anti-corrosive coatings surges across various industries, we anticipate robust growth opportunities for players in the Fluorosilicone Release Coating Market.” – says Nikhil Kaitwade, Associate Vice President at Future Market Insights, Inc.
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Scope Of Report:
| Attribute | Details | |
| Estimated Market Size (2024) | US$ 245.1 million | |
| Projected Market Size (2034) | US$ 395.5 million | |
| Anticipated Growth Rate (2024 to 2034) | 4.9% | |
| Historical Data | 2019 to 2023 | |
| Forecast Period | 2024 to 2034 | |
| Quantitative Units | Value (US$ million) and Volume (tons) | |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis | |
| Market Segments Covered |
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| Key Companies Profiled |
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Who is Winning?
The fluorosilicone release coating market is fairly consolidated, with top players accounting for about 40% to 45% of the share. LUMI TECHNOLOGY CO., Dow, Prochase Enterprise Co., Ltd., Daest Coating India Pvt Ltd., Aerchs Adhesive Solution Co., Ltd., Momentive Performance Materials, Elkem, Shin-Etsu Chemical, Wacker Chemie, Dupont, 3M, and Evonik are leading fluorosilicone release coating manufacturers and suppliers listed in the report.
Key players are concentrating on developing eco-friendly coatings with enhanced features to meet the ever-evolving needs of customers and comply with stringent regulations. They also employ strategies like acquisitions, facility expansions, collaborations, partnerships, and mergers to strengthen their footprint.
Recent developments –
- In October 2023, Evonik introduced new UV LED curable release coatings for sustainable release liners in the label sector.
Get More Insights into the Report:
In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the fluorosilicone release coating market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the global market potential, growth, and scope, the market is segmented into product type and application.
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Fluorosilicone Release Coating Market Segmentation:
By Product Type:
- Solvent-based
- Water-based
- UV-curable
By Application:
- Labels/Signage
- Thermal Transfer and Direct Thermal Labels
- Durable and Wine Labels
- Graphics and Fleet Marking Signage
- Others
- Release Liners/Films
- Rolled Roofing and Shingle
- Casting Sheet
- Bakery Paper
- Hygienic
- Others
- Adhesives and Tapes
- Pressure-sensitive Adhesives
- High Temperature Tapes
- Medical Tapes
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia Pacific
- Middle East & Africa
Authored By:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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Originally published at https://www.einpresswire.com/article/702640941/fluorosilicone-release-coating-market-set-to-hit-us-395-5-million-by-2034-with-4-9-cagr-future-market-insights-inc
