Manufacturers of Silicone Release Coatings Would Do Well to Target Packaging & Medical Companies, Evaluates Fact.MR

June 23, 2022

East Asia Has Remained the Largest Consumer of Silicone Release Coatings with the Chinese Ever-Evolving Packaging Industry Being the Primary Demand Generator

/EIN News/ -- United States, Rockville MD, June 22, 2022 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, in a recently released report on silicone release coatings, it has revealed that the global market is valued at US$ 678.6 million and is slated to expand at a CAGR of 7.7% from 2022 to 2032. Increased demand for silicone release coatings from packaging, medical, bakery and food products sectors are majorly driving market growth.

There has been growing demand for packaging in the e-Retail / e-Commerce industry in developing countries, which, in turn, will create high demand for materials that are used in the packaging industry, such as tapes, labels, laminates, etc., which are all developed using silicone release coatings.

For Critical Insights on Silicone Release Coatings Market, Request a Sample Report

Large scale producers/manufacturers are continuously investing in the research and development of new products and are also expanding their capacities/production facilities through the acquisition of smaller players to meet the growing demand for silicone release coatings for use in various industries/applications.

•        For example, the German specialty chemicals company Evonik innovated and launched a new product in Dec 2021, known as TEGO RC 1442. It was developed to provide the optimum coating and ease of release performance expected by the company's customers. Suitable for fast-curing pressure-sensitive adhesive (PSA) applications, it provides stable peeling value under a variety of storage conditions.

Why is Application of Hygiene Release Liners Increasing Rapidly?

Silicone-coated release paper is a reliable and easily removable cover for adhesive strips in a variety of hygienic applications. Feminine hygiene products, baby diapers, etc., use these silicone release coatings. Widespread use of sanitary products such as baby diapers, menstrual napkins, and adult incontinence products in developing countries and increased consumption of premium sanitary products in developed countries are expected to drive the global release liner market.

Increased awareness, rising consumer spending, and e-Commerce growth are driving hygiene applications of release coatings. People are now more worried about their health and are looking for convenient products.

Application of hygiene release liners of silicone release coatings is anticipated to register a CAGR of 8.4% during the forecasted period of 2022-2032.

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Key Segments Covered in the Silicone Release Coatings Industry Survey

Winning Strategy

A vital strategy for manufacturers of silicone release coatings has been to set up manufacturing facilities in high-potential locations and invest in the research and development of innovative products, customized to fulfill the specific demand of end-use industries.

Manufacturers should increase their production capacity, and, as a result, aim to offer innovative products that are tailored to the custom needs of end users, with a focus on sustainability. Additionally, collaborations with end users should remain a key strategy for manufacturers of silicone release coatings, as they would become aware of the needs of consumers, and, in turn, develop application-specific products, catering to diverse customers across geographies.

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Key players in the Silicone Release Coatings Market

Key Takeaways from Silicone Release Coatings Market Study

Fact.MR’s Domain Expertise in Chemicals and Materials Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the chemicals and materials division across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

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