Global Matting Agents Market BY Product type (Silica, Thermoplastic, Wax-based), Technology( Water-based, Solvent-based, Others), Application Industrial Coatings, Wood Coatings, Leather Coatings, Architectural Coatings, Leather Coatings, Printing Inks, Textile Coatings, Automotive Coatings, Packaging Coatings, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Matting Agents Market
Global matting agents market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses the market account to USD 725.92 Million by 2027 growing at a CAGR of 4.50% in the above-mentioned forecast period. Market growth was driven by the quick urbanization, the increasing coating and disposable incomes are some drivers for the next decade to support the growth of the world market for mattering agents.
The growth of the global matting agents market will be driving factors in the forecast period of 2020 to 2027 by the growing construction and automobile manufacturing industry in different regions that should drive market growth. In addition, it is estimated that environmentally friendly features and increasing consumer popularity for the adoption of matte finished products contribute to the market growth of matting products over the same time frame.
Matting effect is a property that depends upon the intensity of light reflexion and a subjective impression identified by our senses. The demand for matte finish on the market is massive with a variety of coating applications, since various matting agents and methods exist for powder coating that are durable for both indoor and outdoor. Matting effects rely on matting agents shape and particle size and focus on the desired effect and application of paint on the most active formulators, such as waxes and silica. Matte finishes are manufactured to achieve a low glass coating application and are more economical. The matte feature of the pigment is also dependent on its concentration of pigment volume (PVC).
The factors they are expected to hamper the global matting agent market are higher VOC emissions in solvent-oriented manufacturing and low film reduction time. Therefore, there are forecasts that are lack of evaporation and the existence of large strong coarse particles that would impede market growth during the forecast period. In addition, decreased cure rate and incoherence of action are also bound up in order to restrict the development during the forecast period of the global matting agents industry.
This market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Matting Agents Market Scope and Market Size
Matting agents market is segmented on the basis of product type, technology, application. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you with understanding and identification of your core applications in the broad market.
- Based on product type, matting agents market segmented into silica, thermoplastic, wax-based.
- Based on technology matting agents market has been segmented intoare water-based, solvent-based, others.
- based on application, the matting agents market has been segmented into Industrial Coatings, wood coatings, leather coatings, architectural coatings, leather coatings, printing inks, textile coatings, automotive coatings, packaging coatings, others. An industrial coating is further segmented into metal; paper, plastic, printing inks, others.
Matting Agents Market Country Level Analysis
Global matting agents market is analysed and market size information is provided by country, product type, technology, application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East & Africa, Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global market for matting agents due to its mature coating industry and its high popularity for matte surfaces in the region. In addition, Western Europe is expected to have a significant market share in the global matting industry as the area has recorded a massive post-recession demand. Regions such as Asia Pacific are experiencing major economic and infrastructure developments in developing countries such as China, India, Vietnam and Indonesia. The rapid industrialization in the region increase matting agent demand in Asia-Pacific is expected to grow steadily. The Asia-Pacific region, followed by Europe and North America, accounted for a significant part of matting authorities. It is predicted that Asia Pacific will remain dominant throughout this forecasted period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.
Competitive Landscape and Matting Agents Market Share Analysis
Matting Agents Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Matting Agents Market.
The major players covered in the global Matting Agents Market report are Baltimore Innovations Ltd, Evonik Industries AG, Huntsman International LLC, PPG Industries, W. R. Grace & Co.-Conn, Axalta Coating Systems, BASF SE, Altana, Deuteron GmbH, DuluxGroup Ltd. DOG Deutsche Oelfabrik Chemische Erzeugnisse GmbH & Co. KG, Double Bond Chemical IND., CO., LTD., FUJI Silysia Chemical LTD., J.M. Huber Corporation, Imerys, King Industries, Inc, Lu'An Jietonda New Material Co.,Ltd., michelman, inc., Micro Powders, Inc., PATCHAM(FZC)., DSM, SHOUGUANG Baote Chemical and Industrial CO.,LTD, SureCrete Design Products, The Lubrizol Corporation, Thomas Swan & Co. Ltd, Toyobo CO., LTD., among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Matting Agents Market
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