Markets and Markets : Release Coatings Market worth 6.20 Billion USD by 2021

The report 'Release Coatings Market by Material (Silicone, Non-Silicone), Formulation (Solvent-Based, Water-Based, Oil Emulsions), Application (Labels, Tapes, Hygiene, Industrial, Medical, Food & Bakery), and Region - Global Forecast to 2021', The global release coatings market was valued at USD 4.50 Billion in 2015 and is projected to reach USD 6.20 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021.

Browse 117 market data tables and 56 figures spread through 173 pages and in-depth TOC on 'Release Coatings Market by Material (Silicone, Non-Silicone), Formulation (Solvent-Based, Water-Based, Oil Emulsions), Application (Labels, Tapes, Hygiene, Industrial, Medical, Food & Bakery), and Region - Global Forecast to 2021'
http://www.marketsandmarkets.com/Market-Reports/release-coating-market-200854410.html
Early buyers will receive 10% customization on reports.

The market is driven by the increased demand for release coatings from various applications, such as labels, tapes, hygiene, industrial, medical, and food & bakery. The labels application segment led the global release coatings market, in terms of value, in 2015.

The labels segment is estimated to be the largest application segment of the global release coatings market

Among various applications, the labels segment is estimated to be the largest application segment of the global release coatings market. Release coatings offer various advantages in both primary and secondary label markets. High tensile and tear strength properties minimize web breaks during high-speed applications. Release film liners offer clarity, tight caliper control, gloss surface, and stiffness for different types of labels, such as VIP and business labels, functional and security labels, and printer and copier labels.

The silicone segment is projected to be the fastest-growing material segment of the global release coatings market

The silicone segment is projected to be the fastest-growing material segment of the market between 2016 and 2021. Silicone-based release coatings are used in several consumer and industrial applications, such as postage stamps, envelopes, and bar code labels. Silicone, as additives, helps provide resistance to slip, moisture, and abrasion; improved adhesion; anti-blocking properties; gloss; and foam control; among several other benefits. These benefits enhance the popularity of silicone materials. The inexpensive nature of silicone-based release coatings is a major factor driving the growth of this segment in the global release coatings market.

Rising demand for release coatings in Asia-Pacific contributes to the high growth of this market

In 2015, the Asia-Pacific region accounted for the largest share of the global release coatings market; this market in the Asia-Pacific region is expected to grow at the highest CAGR between 2016 and 2021. Currently, China is the largest market for release coatings in the Asia-Pacific region, and is expected to continue its dominance till 2021. In China and India, the demand for release coatings is anticipated to increase due to the growing hygiene industry and rapid economic expansion. Additionally, growing population in these countries presents a huge customer base for manufacturers of release coatings. Increased usage of release coatings in various applications such as industrial, tapes, labels, and medical are instrumental to the growth of this market in the Asia-Pacific region.

Key companies profiled in the global release coatings market research report include Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan), OMNOVA Solutions Inc. (U.S.), Mayzo Inc. (U.S.), Product Release Europe Limited (U.K.), and Rayven, Inc. (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the 'Growth Engagement Model - GEM'. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write 'Attack, avoid and defend' strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, 'RT' connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [e-mail]