Global Precast Concrete Release Agents Market By Type (Reactive Release Agent and Barrier Release Agent), By Geographic Scope And Forecast

Precast Concrete Release Agents Market Size and Forecast

Precast Concrete Release Agents Market size is valued at USD 409.07 Million in 2021 and is forecasted to reach USD 736.07 Million by 2030, registering a CAGR of 7.59% from 2023 to 2030.

Rapid urbanization leads to a large number of new construction projects which helps to boom the market. It can be seen that high investments in infrastructure for various pertaining industries are accounting for growth prospects in the precast concrete market. The Global Precast Concrete Release Agents Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What are Precast Concrete Release Agents?

A release agent can be defined as a chemical used to avoid other materials from bonding to surfaces. Such agents are used to provide a solution in various processes such as involving die-cast release, plastic release, mold release, adhesive release, etc. Release agents can be used for various applications such as concrete, food processing, pharmaceuticals, etc. The concrete release agents prevent the adhesion of newly placed concrete to the forming surface such as plywood, steel, etc.

These release agents can be used in the precast concrete industry as well. Release agents are specifically designed to provide a rapid surface finish and seal the voids and precast element joints. Precast Concrete Release agents offer various benefits such as high density & durability, greater resistance to chemical attack, etc. The precast concrete release agents can be further classified as barrier release agents and reactive release agents. Barrier release agents can be described as a form of physical barrier between the mold and concrete while reactive release agents create soapy films on reaction with the concrete and prevent adhesion to the mold. Common examples of barrier-release agents are diesel oil, paraffin wax, and motor oil. They are widely used in the market as they are readily available and inexpensive. As the industry is evolving towards greener technologies, water-based formulations are also being used as they come with various environmental benefits. The precast concrete release agents can be applied using various techniques such as spraying, swabbing & painting, wiping, and dipping.

Global Precast Concrete Release Agents Market Overview

Rapid urbanization leads to a large number of new construction projects which helps to boom the market. However, the equipoise of the argumentative side-effects of releasing agents on the material goods of cementitious materials by way of nano-particles is a restraining factor for the Global Precast Concrete Release Agents Market. Moreover, the growing scope of water-based release agents is an opportunity for the barge logistics transport market.

The growth witnessed in the construction industry due to an increased number of infrastructure transformation projects across the globe owing to urbanization has placed a huge demand for precast concrete, thereby driving the market positively. It can be seen that the degree of urbanization in various parts of the globe is significantly growing in the global market. It can be seen that high investments in infrastructure for various pertaining industries are accounting for growth prospects in the precast concrete market.

Global Precast Concrete Release Agents MarketSegmentation Analysis

The Global Precast Concrete Release Agents Market is segmented on the basis of Type, and Geography.

Precast Concrete Release Agents Market, By Type

• Reactive Release Agent• Barrier Release Agent

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Based on Type, the market is bifurcated into Reactive Release Agent and Barrier Release Agent. Reactive Release Agent accounted for the largest market share of 74.70%% in 2021, with a market value of USD 305.58 Million, and is projected to grow at the highest CAGR of 7.97% during the forecast period. Barrier Release Agent was the second-largest market in 2021, valued at USD 103.49 Million in 2021; it is projected to grow at a CAGR of 6.37%.

Precast Concrete Release Agents Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

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On the basis of regional analysis, the Global Precast Concrete Release Agents Market is classified into North America, Europe, Asia Pacific and Rest of the world. Asia Pacific accounted for the largest market share of 42.30% in 2021, with a market value of USD 173.03 Million, and is projected to grow at a CAGR of 8.09% during the forecast period. Europe was the second-largest market in 2021, valued at USD 106.07 Million in 2021; it is projected to grow at a CAGR of 6.89%.

Key Players

The “Global Precast Concrete Release Agents Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF, Evonik, Mc-Bauchemie, RPM International Inc. (Euclid Chemical), The Hill And Griffith Company, Fuchs Petrolub Se (Fuchs Lubritech Gmbh), Actech International, and Sterling Lubricants. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• BASF commissioned a new production plant for form release agents that is among the most advanced and most efficient in Europe.

• MC launched concrete release emulsion of its latest generation. Ortolan Extra 772 KS combines outstanding separation performance with effective corrosion protection and environmental compatibility

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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