Matting Agents Market to Exceed US$ 710.38 Million and Exhibit at a CAGR of 5.9% in the Year 2032

New York, April 01, 2024 (Polaris Market Research) Global Matting Agents Market size and share is currently valued at USD 424.79 Million in 2023 and is anticipated to generate an estimated revenue of USD 710.38 Million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.9% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032

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.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: 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.

𝐊𝐞𝐲 𝐅𝐮𝐧𝐝𝐚𝐦𝐞𝐧𝐭𝐚𝐥 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬

• 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.

• The market is projected to grow at a steady CAGR of 5.9% during the forecast period of 2024 to 2032.

• Asia Pacific accounted for the largest market share owing to the booming construction sector in the region over the past few years.

• The market in the Europe region is projected to grow rapidly as more and more consumers prefer a matt finish over a glossy finish.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: 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.

𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

• Arkema
• Axalta Coating Systems, LLC
• BASF SE
• Deuteron GmbH
• Evonik Industries AG
• Honeywell International Inc.
• Imerys
• PPG Industries
• PQ Corporation
• The Lubrizol Corporation
• W. R. Grace & Co.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝐁𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

• Silica
• Thermoplastic
• Wax-based
• Others

𝐁𝐲 𝐒𝐨𝐮𝐫𝐜𝐞

• Organic
• Inorganic

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/matting-agents-market

𝐌𝐚𝐭𝐭𝐢𝐧𝐠 𝐀𝐠𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The silica segment accounted for the largest market share, owing to its increasing use in automotive paints and coatings.

• Organic segment to register the significant growth, owing to its environment-friendly nature and superior dispersion properties.

• Water-borne segment held the highest market share, owing to the lower levels of VOCs produced by them.

• The coatings segment dominated the market, owing to the high demand for matting agents from construction industry.

• Asia Pacific accounted for the largest market share, owing to the growing demand for matte finish from construction, consumer electronics and automotive industries.

• The market players include Arkema, Axalta Coating Systems, BASF, Deuteron, Evonik Industries, Imerys, PPG Industries, W. R. Grace & Co.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐀𝐥𝐜𝐨𝐡𝐨𝐥𝐢𝐜 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3426110/alcoholic-beverages-market-2024-industry-forecasts-analysis

𝐂𝐡𝐞𝐞𝐬𝐞 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3426111/cheese-powder-market-size-overview-business-strategies

𝐁𝐚𝐤𝐢𝐧𝐠 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3426115/baking-ingredients-market-2024-industry-size-growth-revenue

𝐅𝐢𝐬𝐡 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐇𝐲𝐝𝐫𝐨𝐥𝐲𝐬𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3426118/fish-protein-hydrolysate-market-by-top-manufacturers-with

𝐋-𝐂𝐚𝐫𝐧𝐢𝐭𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.openpr.com/news/3426120/l-carnitine-market-2024-industry-analysis-size-share

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

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