GITNUX MARKETDATA REPORT 2024

Release Coatings Industry Statistics

Summary statistics for the release coatings industry provided quantitative insights into key performance indicators such as market size, growth trends, and competitive landscape.

Statistic 1

"By 2026, the global release coatings market is expected to reach $7.42 billion."

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Statistic 2

"The global release coatings market was valued at $5.24 billion in 2020, indicating substantial industry growth."

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Statistic 3

"In 2019, North America was the largest regional market for release coatings."

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Statistic 4

"Silicone is projected to be the fastest-growing chemistry for release coatings over the forecast period."

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Statistic 5

"In 2020, the CAGR of the Asia-Pacific release coatings market outpaced other regions and is expected to maintain a leading position through 2026."

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Statistic 6

"Water-based release coatings are is projected to account for the largest share of the market."

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Statistic 7

"The label industry was the largest end-use of the release coatings in 2017."

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Statistic 8

"Manufacturing industry occupies around 35% of the global release coatings market."

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Statistic 9

"A CAGR of over 5% is anticipated for the global release coatings market."

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Statistic 10

"Growth of the release coatings market is attributed to the rising demand for digital labels."

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Statistic 11

"The medical industry is expected to be the fastest-growing segment of the release coatings market by the end of the forecast period."

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Statistic 12

"Increased building & construction activities have led to the high demand for paints and coatings, indirectly boosting the release coatings market."

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Statistic 13

"Release coatings industry is expected to witness significant growth due to rising demand from the packaging industry."

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Statistic 14

"By 2026, China is expected to emerge as a leading player in the global release coatings market."

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Statistic 15

"Release coatings can save industries up to 40% in energy costs, encouraging their adoption."

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Statistic 16

"In 2019, Europe held approximately 29% of the global release coatings market."

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Statistic 17

"The automotive industry is projected to be a lucrative sector for the growth of release coatings market."

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Statistic 18

"The Latin American release coatings market is expected to witness a CAGR of 3.5% during the forecast period."

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Statistic 19

"In 2018, the pharmaceutical sector accounted for around 12% of the total release coatings market."

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Statistic 20

"North America is likely to witness significant growth in the release coating market due to the presence of key manufacturers."

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