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Matting Agents Market worth $1,197.33 million by 2030, growing at a CAGR of 5.40% - Exclusive Report by 360iResearch
Matting Agents Market | 360iResearch
The Global Matting Agents Market to grow from USD 828.03 million in 2023 to USD 1,197.33 million by 2030, at a CAGR of 5.40%.
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The matting agents market is a specialized segment of the coatings industry, which focuses on providing products that impart a diffusion or light scattering effect to surfaces to reduce glossy appearance and surface defects. These agents are commonly incorporated into various coating formulations, such as paints, varnishes, lacquers, and inks. The increasing demand for silica gel matting agents for automotive and industrial coatings applications and the rising preference for matte-finished surfaces in the construction industry contribute to market growth. However, the harmful environmental impact of using synthetic matting agents may limit the market adoption of matting agents. The performance limitations and complex production of matting agents are concerning factors for market growth. Moreover, the emergence of bio-based, advanced, and high-performing matting agents and the introduction of new matting agent production facilities are expected to create lucrative opportunities for market growth.
In the Americas, the United States and Canada represent the significant markets for matting agents. The demand is primarily driven by a growing construction industry, in the residential and commercial sectors. Additionally, recent investments in research and development have resulted in numerous patents for innovative formulations catering to specific end-use applications in the region. The European Union has emphasized sustainable development with strict environmental regulations playing a crucial role in shaping the regional matting agent market. In the Middle East and Africa, infrastructure development spurred by rapid urbanization and industrial growth promotes the demand for matting agents. The market in Asia-Pacific is characterized by rapid industrialization and urbanization, particularly in China, India, and Japan. The growing automotive, electronics, and construction industries in the APAC region contribute to the increasing demand for matting agents. Moreover, the shift toward sustainable practices has encouraged players to develop eco-friendly solutions in the APAC region.
Market Segmentation & Coverage:
This research report categorizes the Matting Agents Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Organic Matting Agents, Polymer-Based Matting Agents, Silica-Based Matting Agents, and Wax-Based Matting Agents. The Polymer-Based Matting Agents commanded largest market share of 41.16% in 2023, followed by Silica-Based Matting Agents.
Based on Formulation Type, market is studied across Powder Coating Matting Agents, Solvent-based Matting Agents, and Water-based Matting Agents. The Powder Coating Matting Agents commanded largest market share of 37.20% in 2023, followed by Solvent-based Matting Agents.
Based on Application, market is studied across Architectural Coating, Industrial Coating, Leather Coating, Printing Inks, and Wood Coating. The Architectural Coating commanded largest market share of 30.48% in 2023, followed by Wood Coating.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 43.51% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Matting Agents Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Matting Agents Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Matting Agents Market, highlighting leading vendors and their innovative profiles. These include Aalborz Chemical, LLC, Akzo Nobel N.V., Anhui Kingcham New Materials Co., Ltd., Arkema S.A., Axalta Coating Systems, LLC, BASF SE, BCD Chemie GmbH, BioPowder by Schilling Ltd., BYK-Chemie GmbH, Cabot Corporation, CHT Germany GmbH, Deuteron GmbH, Estron Chemical, Inc., Evonik Industries AG, Fine Cause Co.,Ltd., Goyen Chemical, Henan Minmetals East Industrial Co., Ltd., Honeywell International Inc., Hubei Hoyonn Chemical Industry Co., Ltd, Imerys S.A., ISF Group Limited, ISHIHARA SANGYO KAISHA, LTD., J.M. Huber Corporation, Jinsha Precipitated Silica Manufacturing Co., Ltd., Jinwei Chemical Co., Ltd., Mitsubishi Chemical Group Corporation, MÜNZING Chemie GmbH, PPG Industries, Inc., PQ Corporation, SINO SUNMAN INTERNATIONAL, Stahl Holdings B.V., The Lubrizol Corporation, Thomas Swan & Co. Ltd., W. R. Grace & Co., Yantai Sunychem Int'l Co., Ltd., and Zhejiang Shuangcai New Materials Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Matting Agents Market, by Type
7. Matting Agents Market, by Formulation Type
8. Matting Agents Market, by Application
9. Americas Matting Agents Market
10. Asia-Pacific Matting Agents Market
11. Europe, Middle East & Africa Matting Agents Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Matting Agents Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Matting Agents Market?
3. What is the competitive strategic window for opportunities in the Matting Agents Market?
4. What are the technology trends and regulatory frameworks in the Matting Agents Market?
5. What is the market share of the leading vendors in the Matting Agents Market?
6. What modes and strategic moves are considered suitable for entering the Matting Agents Market?
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