Press release
Flatting Agents Market Potential Growth, Share, Demand, Analysis of Key Players - Evonik, Huntsman International, PPG Industries
According to the latest report by Quince Market Insights, the Flatting Agents Market growth is expected to gain high momentum during the forecast period due to its properties such as flatting efficiency, ease of dispersion and heat stability.What are flatting agent and what are their applications and uses?
A flatting agent is an additive substance that is added to paints or varnishes to disperse incident light rays to give the dried surface a non-glossy matte finish. These flatting agents help in reducing the gloss of paints, varnishes, lacquers, and other finishes while providing lower viscosity and a better stir-in capability.
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Segmentation based on material, technology, and application for better understanding of this market and its growth prospects
Market Segmentation:
By Material:
o Silica
o Waxes
o Thermoplastics
o Others
By Technology:
o Water-based
o Solvent-based
o Radiation Cure
o High Solids
o Powder
By Application:
o Industrial
o Architectural
o Leather
o Wood
o Printing Inks
o Others
Based on material, it is divided into silica, waxes, thermoplastics, and others. Although traditionally, waxes were widely used, they are now being replaced by silica as silica is more economical and provides a much better viscosity and high porosity when compared to waxes.
By technology, it is segregated into water-based, solvent-based, radiation cure, high solids, powder. The water-based is mostly preferred as they are easy to handle.
On the basis of application, it is segmented into industrial, architectural, leather, wood, printing inks, and others. The growth of architectural and printing inks sectors have positively impacted the market.
Important Factors Impacting Market Growth:
o Its properties such as flatting efficiency, ease of dispersion and heat stability.
o It is non-toxic in nature
o Growth of the architectural and printing inks market
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1) Evonik Industries
2) Huntsman International
3) Baltimore Innovations
4) W. R. Grace & Co.
5) Imerys
6) PPG
7) PQ Corporation
8) Huber Engineered Materials
9) Shouguang Baote Chemical And Industrial
10) Thomas Swan & Co. Ltd.
11) Deuteron Luan Jietonda Chemical
Regional fragmentation to understand growth patterns- North America and Western Europe to hold major market share
On the basis of the region, the flatting agents market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Big North American and Western European firms are based in this region.
This field has undergone a variety of transformations between end-use industries in terms of the production of chemicals and their respective applications. In designing the renewable alternatives in these areas, preference for bio-based feedstock has been instrumental. In addition, regulatory authorities have imposed strict guidelines on environmental concerns and potential hazards to health due to exposures. This has been more instrumental in the competitive Western Europe region. Some of these countries ' major economies include the US, Germany, the Netherlands, France, Canada, Italy, Spain and so on.
Asia Pacific and Middle East are expected to register substantial growth in flatting agents market during the forecast period. This demand is with regards to the growth of major Applications such as industrial, architectural, leather, wood, printing inks, and others. Big Asia-Pacific countries include China, South Korea, Japan, India, Australia and so on. The Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, etc. With activities of big chemical companies throughout the region, Eastern Europe was mainly controlled by Russia and Turkey.
Rest the World that includes South America and Africa has a strong potential for flatting agents market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for flatting agents market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.
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By Region:
North America
o By Country (US, Canada, Mexico)
o By Material
o By Technology
o By Application
Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Material
o By Technology
o By Application
Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Material
o By Technology
o By Application
Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Material
o By Technology
o By Application
Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Material
o By Technology
o By Application
Rest of the World
o By Region (South America, Africa)
o By Material
o By Technology
o By Application
Reasons to Buy This Report:
Market size estimation of the global flatting agent market on a regional and global basis
Unique research Technology for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
By Segment
By Sub-segment
By Region/Country
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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