The global matting agents market is anticipated to reach USD 1.05 billion
by 2025, according to a new report by Grand View Research, Inc. The growth of
global paints and coatings industry coupled with its usage in industrial and
architectural applications is expected to fuel the market growth over the
forecast period.
Matting agents alter the surface properties of an application, resulting
in diffusion of incident light. These phenomena result in gloss reduction thus
causing matting effect. They are available in various forms such as powders,
dispersions, compounds and blends thus facilitating their easy usage.
 |
U.S. matting agents market revenue by formulation, 2014-2025 (USD
Million)
|
The additives impart an authentic look to the surface. Furthermore, they
can exhibit properties such as scratch, weathering, and water resistance to the
coatings. Such inherent advantages are expected to result in market growth
globally. Strong demand for industrial applications in emerging countries such
as China and India is expected to benefit the overall market growth.
Silica-based products occupied a major market share in 2015. Companies
have developed products which can be used in conjunction with organic type such
as waxes, to enhance the product performance. Major market participants are
maintaining modern laboratories to carry out R&D activities for product
development. Also, efforts are being taken by companies in the development of
technical partnerships with its customers.
In depth research report on Matting Agents Market
Further Key Findings from the Study Suggest:
·
Matting agents have little effect on rheology, viscosity,
and elasticity, provides good haptic properties and imparts a smooth feel to
the surface. Thus these advantages are expected to contribute to a rise in
market demand.
·
Demand from powder coating formulation is expected to
witness the highest estimated CAGR of 6.0% from 2016 to 2025. This formulation
type is witnessing a demand rise due to its cost effectiveness thus benefitting
the market growth for matting agents.
·
Architectural coatings application segment dominated the
market in 2015 and is expected to witness a CAGR of 5.5% from 2016 to 2025.
·
In terms of volume, Asia Pacific region had the highest
penetration in 2015.Increasing industrialization in the region is expected to
contribute significantly to the global matting agents market demand.
·
Major industry participants include PPG, Deuteron, W.R.
Grace & Co., Huber Engineered Materials, and Evonik Industries among others
Grand View Research has segmented the matting agents market on the basis
of product, formulation, application and region:
Matting Agents Product
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
Organic
o
Waxes
o
Thermoplastics
·
Inorganic
o
Silica
o
Others
Matting Agents Formulation
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
Waterborne
·
Solventborne
·
Powder
·
UV
·
Others
Matting Agents Application
Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
Industrial coatings
o
metals
o
papers
o
plastics
o
printing inks
o
Others
·
wood coatings
·
Leather coatings
·
Architectural coatings
·
Others
Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
India
·
Middle East and Africa
·
Central & South America
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more market analysis
reports, please visit: http://www.grandviewresearch.com/
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