Matting Agents Market – Global Industry Analysis and Forecast (2023-2029)

Matting Agents Market is expected to grow at a CAGR of 4.20% during the forecast period and is expected to reach US$ 780.89 Mn by 2029.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Matting Agents Market Snapshot
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Matting agent market is mainly driven by coating industry. Matting agents finds its numerous applications in coatings industry such as to improve durable, scratch-proof finish and color stability. Protective coatings to prevent environmental contaminants in various settings has gain popularity. Development in paints and coatings sector, along with increasing application of matting agents in various industrial and agricultural fields are the factor driving the market

Matting agents market based on material is segmented into silica, waxes, thermoplastics and others. Silica is most popular owing to its higher efficiency and it helps to increase the viscosity of the formulation.

Based on technology, the water-based is mostly used technology in the coatings industry. Water-based matting agents are used for many applications such as wood coatings, architectural coatings, plastic coatings and other industrial coatings. Stringent government mandate about VOC emission in case of solvent base has shifted preference to water based technology.

Industrial, architectural, leather, wood, printing inks and others are various application segment of matting agents market. Architectural application segment is expected to hold largest shares of the market during the forecast period. Matting agents used in architectural coatings increases corrosion and temperature resistance and antiglare properties in end products. Also, used for interior and exterior walls residential, industrial, commercial and institutional buildings.

Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is growing with highest CAGR for matting agents led by demand from the countries, such as India, Indonesia, Thailand, Malaysia and Vietnam for matting agents for architectural coatings in this region.

The objective of the report is to present comprehensive analysis of Matting Agents market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding market dynamics, structure by analyzing the market segments, and project the market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
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Global Matting Agents Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 585.48 Mn.


Forecast Period 2023 to 2029 CAGR:
4.20%
Market Size in 2029:
US $ 780.89 Mn.


 Segments Covered:
by Material
Silica
Waxes
Thermoplastics
Others


by Technology
Water-based
Solvent-based
Radiation Cure and High Solids
Powder


by Application
Industrial
Architectural
Leather
Wood
Printing Inks
Others



Matting Agents Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Matting Agents Market, Key Players are
1. Evonik Industries (Germany)
2. Huntsman Corporation (U.S.)
3. PPG Industries (U.S.)
4. IMERYS Minerals Ltd. (France)
5. J. M. Huber (U.S.)
6. W.R.Grace (U.S.)
7. BYK Additives & Instruments (Germany)
8. Arkema (France)
9. AkzoNobel (Netherlands)
10. Lubrizol Corporation (U.S.)

Frequently Asked Questions:

1. Which region has the largest share in Global Profiled in Matting Agents Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Profiled in Matting Agents Market?
Ans: The Global Profiled in Matting Agents Market is expected to grow at a CAGR of 4.20% during forecast period 2023-2029.

3. What is scope of the Global Profiled in Matting Agents market report?
Ans: Global Profiled in Matting Agents Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Profiled in Matting Agents market?
Ans: The important key players in the Global Profiled in Matting Agents Market are – Evonik Industries, Huntsman Corporation, PPG Industries, IMERYS Minerals Ltd., J. M. Huber, W.R.Grace, BYK Additives & Instruments, Arkema, AkzoNobel, and Lubrizol Corporation

5. What is the study period of this market?
Ans: The Global Profiled in Matting Agents Market is studied from 2022 to 2029.