Press release
Matting Agents Market to Exceed US$ 710.38 Million and Exhibit at a CAGR of 5.9% in the Year 2032
Matting Agents Market
Matting is a property of coatings that provides a smooth look and shows little-to-no- gloss. Matting reduces the gloss by scattering the light in several directions. Matting agents are used to modify the surface properties of coatings by floating on the top of the surface. Along with reducing the surface gloss, matting agents provide additional mechanical properties.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/matting-agents-market/request-for-sample
These agents get uniformly distributed in the wet coating film when they're applied to a substrate. When the solvents evaporate, they extend beyond the film surface due to film shrinkage. That way, the surface of the film is altered from a smooth to a matt one.
Silica, thermoplastics, and waxes based on polyethylene, polypropylene, and carnauba are commonly used as matting agents. These agents find applications in industrial coatings, wood coatings, automotive coatings, and printing inks, amongst others. The growing demand for matt-finished surfaces owing to their low maintenance and scratch resistant properties is one of the major factors supporting the matting agents market growth. Besides, growing emphasis among industry participants towards introducing matting agents with better chemical stability and absorbency is impacting the industry development favorably.
๐๐๐ฒ ๐ ๐ฎ๐ง๐๐๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ
โข The market for matting agents was valued at USD 424.79 million in 2023 and is projected to reach USD 710.38 million by 2032.
โข The market is projected to grow at a steady CAGR of 5.9% during the forecast period of 2024 to 2032.
โข Asia Pacific accounted for the largest market share owing to the booming construction sector in the region over the past few years.
โข The market in the Europe region is projected to grow rapidly as more and more consumers prefer a matt finish over a glossy finish.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3697/2
Based on material analysis, the Silica segment witnessed the largest matting agents market share. The segment's growth can primarily be attributed to the increased demand for silica matting agents in automotive, wood, and architectural coatings. Besides, other benefits like lower viscosity, improved efficiency, and easy dispersibility are anticipated to increase the adoption of these matting agents.
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
โข Arkema
โข Axalta Coating Systems, LLC
โข BASF SE
โข Deuteron GmbH
โข Evonik Industries AG
โข Honeywell International Inc.
โข Imerys
โข PPG Industries
โข PQ Corporation
โข The Lubrizol Corporation
โข W. R. Grace & Co.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
โข Silica
โข Thermoplastic
โข Wax-based
โข Others
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
โข Organic
โข Inorganic
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/matting-agents-market
๐๐๐ญ๐ญ๐ข๐ง๐ ๐๐ ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The silica segment accounted for the largest market share, owing to its increasing use in automotive paints and coatings.
โข Organic segment to register the significant growth, owing to its environment-friendly nature and superior dispersion properties.
โข Water-borne segment held the highest market share, owing to the lower levels of VOCs produced by them.
โข The coatings segment dominated the market, owing to the high demand for matting agents from construction industry.
โข Asia Pacific accounted for the largest market share, owing to the growing demand for matte finish from construction, consumer electronics and automotive industries.
โข The market players include Arkema, Axalta Coating Systems, BASF, Deuteron, Evonik Industries, Imerys, PPG Industries, W. R. Grace & Co.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ฅ๐๐จ๐ก๐จ๐ฅ๐ข๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3426110/alcoholic-beverages-market-2024-industry-forecasts-analysis
๐๐ก๐๐๐ฌ๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3426111/cheese-powder-market-size-overview-business-strategies
๐๐๐ค๐ข๐ง๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3426115/baking-ingredients-market-2024-industry-size-growth-revenue
๐ ๐ข๐ฌ๐ก ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ฒ๐๐ซ๐จ๐ฅ๐ฒ๐ฌ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3426118/fish-protein-hydrolysate-market-by-top-manufacturers-with
๐-๐๐๐ซ๐ง๐ข๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3426120/l-carnitine-market-2024-industry-analysis-size-share
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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