Matting Agents Market Research Report: Growth, Share, Value, Size, and Insights | Evonik Industries AG (Germany), PPG Industries Inc. (US)

Global Matting Agents Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Matting Agents Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.

The Matting Agents Market was valued at USD 401 million in 2024 and is projected to reach USD 534 million by 2032, growing at 5.9% cagr from 2025 to 2032.

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Matting Agents Market Dynamics:

Market Driver:

Globalization, urbanization, rising standard of living, increasing purchasing power parity (PPP), infrastructural development, and the growing need to construct megacities in emerging economies fuel the construction industry worldwide. The construction industry accounts for about 5% of the GDP in developed countries and 8% in developing economies. A large demand for infrastructure in emerging economies in the next two decades is expected. By 2040, global infrastructure investment is estimated to be USD 3.7 trillion annually.The COVID-19 pandemic impacted every region, country, and industry worldwide. Lockdowns and slowdowns were the norms for months. However, the crisis has subsided, and businesses are returning to usual. A construction boom is expected in Asia Pacific with infrastructure projects, increasing urbanization, and increased interest in technology implementation and business model remodeling. Sustainability trends such as adopting prefabricated construction, sustainable construction, and green building technology are likely to revolutionize conventional business in the construction sector.

Market Restraints:

The drying and curing of waterborne matting agents require more time than that of solvent-borne matting agents. Waterborne matting agents have excellent flow properties that change with humidity, affecting the coating application. During high humidity, water does not evaporate easily, resulting in poor cure and decreased performance. Waterborne matting agents are also sensitive to freezing conditions. Many waterborne matting agents are not usable after freezing.

Major Players in Matting Agents Markets are:

Evonik Industries AG (Germany), PPG Industries Inc. (US), Huntsman International LLC (US), Imerys S.A. (France), W. R. Grace & Co.-Conn. (US), J.M. Huber Corporation (US), ALTANA (Germany), Akzo Nobel N.V. (Netherlands), Arkema S.A. (France), Lubrizol Corporation (US)

Industry News:

In June 2024, Huntsman International LLC. inaugurated a new innovation center in Belgium, enhancing its research and development capabilities and solidifying its commitment to customers in the region through this strategic investment.

In June 2024, Deuteron GmbH showcased its innovative solutions and products for the paint industry at the SURFEX 2024 exhibition in Coventry, UK, featuring offerings from raw materials, chemicals, coatings, and laboratory equipment to demonstrate its expertise and capabilities.

In April 2024, Evonik introduced the TEGO Foamex 16 and TEGO Foamex 11, two innovative defoamers, improving waterborne architectural coatings.

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Global Matting Agents Market Segmentation:

By Product:
Organic
Inorganic

By Formulation:
Waterborne
Solventborne
Powder
UV/EB
Others

By Application:
Industrial coatings
wood coatings
Leather coatings
Architectural
Others

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The following areas and countries are covered in the worldwide Matting Agents Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

The construction industry has witnessed significant growth over the past few years in Asia Pacific. The demand for coatings is expected to grow due to the increase in construction activities, which is supported by rapid urbanization and growing household maintenance activities globally. The demand for coatings has been negatively impacted due to stringent government regulations and high safety standards regarding the use of volatile organic compounds. However, the development of environment-friendly matting agents such as water-based, powder, and high solids is expected to drive the matting agents market.

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