DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Release Coatings Market - Global Forecast to 2021" report to their offering.
The global release coatings market is projected to reach USD 6.20 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021. Release coating is applied on paper or film that serves as a discardable backing. Proper curing of the release coating enables end users to peel the release liner (with its adhesive) easily from the backing, before sticking it on envelopes, labels, tapes, and postage stamps, among others. These applications drive the release coatings market, globally.
Release coatings are utilized in varied applications, such as labels, tapes, hygiene, industrial, medical, and food & bakery. In 2015, the labels application segment accounted for the largest share of the global release coatings market; this application segment is expected to continue its dominance during the forecast period. 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. Labeling systems are used in hospitals to maintain permanent records of patient treatment and progress.
Growth in the medical and manufacturing industries has increased the demand for release coatings. In 2015, the Asia-Pacific region accounted for the largest share of the global release coatings market. China is expected to account for the largest share of the Asia-Pacific release coatings market till 2021, whereas, this market in India is anticipated to grow at the highest CAGR during the forecast period.
Differences in release control that may result in the failure of release coatings and preference of shrink sleeve labels over pressure sensitive labels are factors acting as restraints to the growth of the market.
- Dow Corning Corporation
- Evonik Industries Ag
- Hitac Adhesives And Coatings Inc.
- Mayzo Inc.
- Momentive Performance Materials Inc.
- Omnova Solutions Inc.
- Product Release Europe Limited
- Rayven Inc.
- Shin-Etsu Chemical Company Limited
Wacker Chemie Ag
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Release Coatings Market, By Material
8 Global Release Coatings Market, By Formulation
9 Global Release Coatings Market, By Application
10 Release Coatings Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/hv4gh4/release_coatings