Matting Agents Market Size And Forecast To 2025

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Global Matting Agents Market
By Material (Silica, Waxes, Thermoplastics), Technology (Water Based, Solvent Based, Powder Coatings, Radiation Cure & High Solids), Application (Industrial, Architectural, Leather, Wood, Printing),and Region (North America, Asia Pacific, Europe, Latin America, Rest of the World) Market Size, Status and Forecast to 2025

Market Analysis:
The global matting agents market was valued at USD 443.6million in 2016 and is projected to reach USD 688.9million by 2025, growing at a CAGR of 4.5% from 2017 to 2025.

Market Definition:
The major driver for matting agents is the growing awareness regarding benefits of a matt finish. The high economic efficiency offered by matt finish is driving the demand for matting agents. The growing awareness about problems surrounding solvent based products is expected to boost the demand for water based matting agents.

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Increasing demand from end-use industries
1.2 Favorable properties over glossy finishes
2. Market Restraints
2.1 Stringent policies for solvent based matting agents

Market Segmentation:
The global matting agents market is segmented on the basis of process, end-use industry, and region.
1. Global Matting Agents Market, by Product:
1.1 Silica
1.2 Waxes
1.3 Thermoplastics
1.4 Others

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2. Global Matting Agents Market, by Technology:
2.1 Solvent Based technology
2.2 Water based Technology
2.3 Powder Coating
2.4 Radiation Cure & High Solids

3. Global Matting Agents Market, by Application:
3.1 Industrial Coatings
3.1.1 Automotive Coatings
3.1.2 Can & Coil Coatings
3.1.3 General Industrial Coatings
3.1.4 Others
3.2 Architectural Coatings
3.3 Leather Coatings
3.4 Printing Inks
3.5 Wood Coatings
3.6 Others

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4. Global Matting Agents Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Evonik
2. PPG Industries
3. Huntsman Corporation
4. Imerys Minerals Ltd.
5. W.R. Grace
6. Toyobo
7. J.M. Huber Corporation
8. BYK Additives & Instruments
9. AkzoNobel
10. Arkema
11. Lubrizol
12. Axalta Coating Systems

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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