Matting Agents Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The matting agents market is segmented by Material Type (Silica, Thermoplastic, and Wax-based), Technology (Water-based, Solvent-based, and Other Technologies), Application (Architectural Coatings, Automotive Coatings, Packaging Coatings, Industrial Coatings, Leather Coatings, Printing Inks, Textile Coatings, Wood Coatings, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

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Matting Agents Market Size

Matting Agents Market Statistics
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Study Period: 2018 - 2028
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: > 4 %

Major Players

Matting Agents Market Key Players

*Disclaimer: Major Players sorted in no particular order
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Matting Agents Market Analysis

The global matting agents market is estimated to witness a healthy growth, at an estimated CAGR of over 4%, over the forecast period. The major factors driving the growth of the market studied are increasing demand for matting agents for production of architectural coatings and superior properties than glossy finishes.

  • Regulations related to solvent-based matting agents are likely to hinder the markets growth.
  • Increasing application in the packaging coatings is likely to create opportunities for the market in the coming years.
  • Asia-Pacific region is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.

Matting Agents Industry Segmentation

The global matting agents market report includes:

Material Type
Silica
Thermoplastic
Wax-based
Technology
Water-based
Solvent-based
Other Technologies
Application
Architectural Coatings
Automotive Coatings
Packaging Coatings
Industrial Coatings
Leather Coatings
Printing Inks
Textile Coatings
Wood Coatings
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Matting Agents Market Trends

This section covers the major market trends shaping the Matting Agents Market according to our research experts:

Increasing Demand from the Production of Architectural Coatings

  • Architectural coating application of matting agents is expected to remain highest during the forecast period. The application of matting agents in the architectural coatings helps to increase temperature and corrosion resistance.
  • Besides this, the use of matting agents in paints & coatings provides antiglare properties to the end-user products. Owing to such benefits, the demand for matte finish architectural paints & coatings has been increasing for application on interior and exterior walls in residential, commercial, institutional and industrial buildings.
  • The continuous improvements in economic conditions in the region have enhanced the financial status of the consumers, in turn, boosting the demand for buildings and other infrastructural activities in the Asia-Pacific region.
  • China’s 13th Five Year Plan started in 2016 as it was an important year for the country’s engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year. Although the construction sector slowed down after 2013, it is still a major contributor to the GDP of the country.
  • Owing to all these factors, the market for matting agents is likely to grow across the world during the forecast period.
Matting Agents Market Growth

Asia-Pacific Region to Dominate the Market

  • In the Asia-Pacific region, China is expected to witness the highest growth in construction activities, followed by India.
  • In China, the government spending has been increasing, in order to construct affordable housing facilities, to cater to the housing demand.
  • Despite the volatile growth in the real estate sector, the significant development of rail and road infrastructure by the Chinese government, to withstand the expanding industrial and service sectors, resulted in a significant growth of the Chinese construction industry in the recent years. As the construction industry is dominated by state-owned enterprises, the increased government spending is boosting the industry in the country.
  • In India, the infrastructure sector has become one of the major focus areas for the government. The government aims to boost the construction of buildings in the country and has decided to come up with a single window clearance facility, in order to provide speedy approvals of the construction projects.
  • Japan is keen to invest in overseas infrastructure projects, rather than in its own country, as the country is more interested in reaping the profits of using its technology in other countries, like India. Internally, Japan’s architectural and infrastructural industry has matured, thus making it a less prospective country for paints and coatings.
  • Therefore, the growing residential and commercial construction activities in the region are expected to drive the market for matting agents in Asia-Pacific, over the forecast period.
Matting Agents Market Share

Matting Agents Industry Overview

The matting agents market is consolidated in nature. Some of the major players in the market include Evonik Industries AG, PPG Industries, Inc., BASF SE, Huntsman International LLC, and Axalta Coating Systems, among others.

Matting Agents Market Leaders

  1. Evonik Industries AG

  2. PPG Industries, Inc.

  3. BASF SE

  4. Huntsman International LLC

  5. Axalta Coating Systems

*Disclaimer: Major Players sorted in no particular order

Matting Agents Market Analysis

Matting Agents Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Matting Agents for Production of Architectural Coatings

      2. 4.1.2 Superior Properties than Glossy Finishes

    2. 4.2 Restraints

      1. 4.2.1 Regulations Related to Solvent-Based Matting Agents

      2. 4.2.2 Impact of COVID-19 Pandemic

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porters Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material Type

      1. 5.1.1 Silica

      2. 5.1.2 Thermoplastic

      3. 5.1.3 Wax-based

    2. 5.2 Technology

      1. 5.2.1 Water-based

      2. 5.2.2 Solvent-based

      3. 5.2.3 Other Technologies

    3. 5.3 Application

      1. 5.3.1 Architectural Coatings

      2. 5.3.2 Automotive Coatings

      3. 5.3.3 Packaging Coatings

      4. 5.3.4 Industrial Coatings

      5. 5.3.5 Leather Coatings

      6. 5.3.6 Printing Inks

      7. 5.3.7 Textile Coatings

      8. 5.3.8 Wood Coatings

      9. 5.3.9 Other Applications

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 Italy

        4. 5.4.3.4 France

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Akzo Nobel N.V.

      2. 6.4.2 Arkema Group

      3. 6.4.3 Axalta Coating Systems

      4. 6.4.4 BASF SE

      5. 6.4.5 CHT Group

      6. 6.4.6 Deuteron GmbH

      7. 6.4.7 Evonik Industries AG

      8. 6.4.8 Huber Engineered Materials

      9. 6.4.9 Huntsman International LLC

      10. 6.4.10 Imerys

      11. 6.4.11 PPG Industries, Inc.

      12. 6.4.12 PQ Corporation

      13. 6.4.13 The Lubrizol Corporation

      14. 6.4.14 VIACOR Polymer GmbH

      15. 6.4.15 W. R. Grace & Co.-Conn.

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Application in the Packaging Coatings

**Subject to Availability
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Matting Agents Market Research FAQs

The Matting Agents Market is studied from 2018 - 2028.

The Matting Agents Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2018 - 2028.

Asia Pacific holds highest share in 2021.

Evonik Industries AG, PPG Industries, Inc., BASF SE, Huntsman International LLC, Axalta Coating Systems are the major companies operating in Matting Agents Market.

Matting Agents Industry Report

Statistics for the 2023 Matting Agents market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Matting Agents analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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