The release coating market is estimated to be USD 157 million in 2020 and is projected to reach USD 225 million by 2025, at a CAGR of 7.5% between 2020 to 2025. The release coating market is driven by growing end-use applications such as labels, tapes, hygiene, industrial, medical, and food bakery in both developed and developing countries.
Among different materials, silicones are preferred as they can be applied and cured into a PDMS network on various backing substrates, thereby limiting migration problems. They also offer substantially lower release forces than other materials.
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The silicone polymer may be selected on the basis of specific release capabilities and other desired properties depending upon the end applications. The preferred silicone polymers are the PDMS polymers, although the organomodified polymers may be used. Coatings made from PDMS offer excellent anchorage to many different substrates and are compatible with a wide variety of adhesives. Furthermore, PDMS based release coating can be cured quickly, and they are easy to adjust. It enhances the processing, release performance, and cost-effectiveness of the substrate on which coating is applied.
Other materials such as fluorocarbons, carbamates, polyacrylates, and polyolefins can also be used by the manufacturers while producing release coating, as they provide a cure temperature of 210˚F and efficient performance to various applications such as tapes, labels, and packaging. However, due to the inexpensive nature and other superior properties of PDMS based release coating, many big manufacturers are focusing on PDMS based release coating
Hygiene application: the fastest-growing application for release coating
In the hygiene application, release liners are used in hygiene products such as baby diapers, sanitary napkins, and adult diapers. The increasing awareness about hygiene practices, increasing consumer spending, and the growing e-commerce are the key factors for the growth of hygiene applications in the release coating market. The hygiene application is driven by the APAC owing to the increasing penetration of hygiene products in the region. In developed regions such as North America and Europe, the baby diaper markets are matured, and the increasing adult population is driving the demand for adult diapers in these regions. And in the baby diaper segment, the demand for premium diapers is increasing, and these trends will help to drive the hygiene application to be the fastest in the release coating market.
APAC is estimated to be the largest market for release coating, which developed markets such as Japan, South Korea, and Taiwan present, with it the developing markets such as China, India, Indonesia, and Malaysia. The large end-use industries present in the region such as food & beverage, pharmaceutical, retail, cosmetics, households, electronics, and logistics. The applications of the release coating market cater to large demands from the end-use industries.
The key companies profiled in the release coating market research report are Dow (US), Wacker Chemie AG (Germany), Elkem (Norway), Evonik Industries AG (Germany), Shin-Etsu Chemical Co. Ltd. (Japan), Omnova Solutions Inc. (US), Momentive Performance Materials Inc. (US), Mayzo Inc. (US), HITAC Adhesives and Coatings (US) and SOLV Inc. (US).
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