Top 10 Release Coating Companies in World: Growing Demand for Labelling from Various End-User Industries to Drive Market Growth
Release coating is used in the labels’ backing surface and tapes during production. The coating is generally silicone and non-silicone, providing a smooth, and clean release of the backing sheet. The increasing demand for release coating from end-use industries has surged over the past years.
As per a report by Fortune Business Insights™, the market for release coating is projected to grow from USD 287.0 million in 2022 to USD 455.4 million by 2030 at a CAGR of 6.4% over the forecast period.
Fortune Business Insights™ Profiles Top 10 Key Players/Companies of Release Coating
1. Dow
The company was founded in 1897 and is headquartered in the U.S. It combines science and technology to create new solutions in collaboration with its partners. The company offers a wide range of high-performance products such as coatings, high-performance plastics, silicones, and industrial intermediates for clients in various sectors such as packaging, infrastructure, consumer care, and mobility. Dow has a global presence with 106 manufacturing sites in 31 countries and employs approximately 35,700 people.
- November 2021: Dow announced a new solvent-free silicone coating product to decrease misting and improve production efficiency in high-speed coating operations.