Release Coatings Market offers good growth opportunities post COVID-19

Matt Easterlin21 Jul, 2023News

The release coatings market was estimated at USD 172.48 million in 2021 and is likely to grow at a CAGR of 7.32% during 2022-2028 to reach USD 283.89 million in 2028. The growth of the release coatings market is primarily driven by- ? Increasing penetration of silicone labels in the packaging industry, ? Introduction of more stringent standards related to environment and safety, ? Organic growth of the end-use industries, such as transportation, aerospace & defense, and food & bakery.