Global Matting Agents Market by Material (Silica, Waxes, Thermoplastics, Others), By Technology (Waterborne, Solvent borne, Powder, Radiation cure & High Solids), By Application (Industrial, Architectural, Leather, Wood, Printing Inks, Others), Global Analysis to 2023
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Matting Agents Market by Material (Silica, Waxes, Thermoplastics, Others), By Technology (Waterborne, Solvent borne, Powder, Radiation cure & High Solids), By Application (Industrial, Architectural, Leather, Wood, Printing Inks, Others), Global Analysis to 2023
Matting Agents Market Size And Forecast
According to the new report titled "Global Matting Agents Market by Material (Silica, Waxes, Thermoplastics, Others), By Technology (Waterborne, Solvent borne, Powder, Radiation cure & High Solids), By Application (Industrial, Architectural, Leather, Wood, Printing Inks, Others), Global Analysis to 2023"
The valuation of the Matting Agents market was $0.63 Billion in 2023 and is projected to reach $0.96 Billion by 2032, at a CAGR of 4.2% from 2021 to 2032.
In 2023, the global matting agents market was worth a cool $630 million. And get thisit's projected to keep growing at a steady 4.2% for the next few years. You see, these matting agents are the secret sauce that gives products that luscious matte finish. They're everywhere, from our car paint and furniture to packaging and even your favorite tech gadgets. What's driving this surge? Well, matte finishes are all the rage in the automotive and furniture industries these days. And as we all become more eco-conscious, there's a growing demand for matting agents that are kind to the planet. The matting agents market is a playground for innovation, with companies constantly trying to outdo each other with the latest and greatest formulations. Why? Because these advanced agents are the key to keeping up with the ever-changing needs of industries around the world. So, as we all keep pushing the envelope when it comes to style and function, the future looks bright for the global matting agents market. It's a vibrant and dynamic industry that's sure to continue growing in the years to come.
Nano Technology held the primary share in the Matting Agents Market
The world of matting agents has been turned upside down by a whirlwind of new technologies. These innovations have breathed life into matting agents, giving them superpowers like never before. Take nanotechnology, for example. It's like magic, shrinking particles into tiny building blocks. When we add these minuscule wonders to matting agents, they come alive, spreading evenly and sticking like glue to surfaces. But that's not all. Scientists have been brewing up advanced mixtures and manufacturing methods that have given birth to matting agents with pinpoint accuracy. They can now control the size and spread of these particles with the precision of a Swiss watchmaker. The icing on the cake is smart technologies. These matting agents are like tiny problem solvers, adapting and healing themselves to keep surfaces looking their best. And let's not forget digitalization. It's like a turbocharger for the matting agent industry, optimizing production, making supply chains hum, and keeping everything running smoothly. As technology keeps blazing forward, it'll fuel even more breakthroughs in matting agents. Industries that need the sharpest tools for surface finishing are in for a treat, as these cutting-edge matting agents are designed to meet their every evolving need.
North America headed the Matting Agents market in 2022
The market for matting agents in North America is booming! It's like a bustling city, with all sorts of industries using these special ingredients. From the cars we drive to the furniture in our homes, matting agents are making their mark. North America is a big player in this market, especially in the automotive, furniture, and paint industries. And with strict environmental laws here, companies are stepping up their game to make matting agents that are good for the planet. Think low-VOC (that means fewer smelly chemicals) and eco-friendly options. And let's not forget the auto industry. Matte finishes are all the rage for luxury cars, so the demand for matting agents in automotive coatings is skyrocketing. We're also seeing a lot of new and exciting matting agent technologies being developed, thanks to all the research going on. As people become more eco-conscious, the growth of the matting agents market in North America is only going to continue. Innovation and sustainability are the driving forces behind this exciting industry. By the way, some of the big names in this market are Evonik Industries, PPG Industries, and Huntsman Corporation. They're the ones making sure we have all the matting agents we need.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2019-2030 |
| BASE YEAR |
2022 |
| FORECAST PERIOD |
2023-2030 |
| HISTORICAL PERIOD |
2019-2021 |
| UNIT |
Value (USD Million) |
| KEY COMPANIES PROFILED |
Lubrizol Corporation, Minchelman, Evonik Industries, PPG Industries, Huntsman International, R Grace and Company, Thomas Swan and Company, Armeka Group, and Deuteron. |
| SEGMENTS COVERED |
By Material, By Technology, By Application, And By Geography. |
| CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
keyplayers
- Lubrizol Corporation
- Minchelman
- Evonik Industries
- PPG Industries
- Huntsman International
- R Grace and Company
- Thomas Swan and Company
- Armeka Group
- and Deuteron.
Global Matting Agents MarketSegmentation Analysis
The Global Matting Agents Market is segmented on the basis of Material, Technology, Application, And Geography.
Matting Agents Market, By Material
- Silica
- Thermoplastic
- Wax-based
Based on Material, the market has been segmented into Silica, Thermoplastic, and Wax-based. Due to silica matting agents’ excellent matting efficiency, chemical and thermal stability, and low toxicity, there is an increasing need for them. The light-scattering and gloss-reducing properties of silica matting agents, which are inorganic particles with a high surface area and a porous structure, are excellent. Silica nanoparticles with a specified size and morphology are often created via the hydrolysis and condensation of silicon alkoxides.
Several coatings, including industrial, architectural, automotive, and wood coatings, use silica matting agents to produce a matte or satin finish with good scratch resistance, adhesion, and durability. Additionally, they are utilized in plastics, personal care items like sunscreen and cosmetics, as well as printing inks.
Matting Agents Market, By Technology
- Water-based
- Solvent-based
- Other Technologies
Based on Technology, the market has been segmented into Water-based, Solvent-based, and Other Technologies. Water-based matting solutions are in greater demand as a result of legislative restrictions on the use of VOCs (volatile organic compounds), which are linked to health and environmental problems with solvent-based coatings. Compared to their solvent-based competitors, water-based matting products are non-toxic, non-flammable, and release fewer volatile organic compounds (VOCs).
The majority of water-based matting agents are made of natural materials like cellulose or starch or polymers like acrylics, polyurethanes, or styrene-butadiene copolymers. These matting agents can readily be included in water-based coatings or inks by dispersing them in water to create a stable, homogeneous suspension.
Matting Agents Market, By Application
- Architectural Coatings
- Automotive Coatings
- Packaging Coatings
- Industrial Coatings
- Leather Coatings
- Printing Inks
- Textile Coatings
- Wood Coatings
- Other
Based on Application, the market has been segmented into Architectural Coatings, Automotive Coatings, Packaging Coatings, Industrial Coatings, Leather Coatings, Printing Inks, Textile Coatings, Wood Coatings, and Other. Architectural coatings frequently include mattifying chemicals to provide a matte or satin finish that is aesthetically attractive and conceals surface flaws. Architectural coatings can be applied to a variety of substrates, including concrete, wood, metal, and plaster, and are used to protect and embellish interior and external surfaces, including walls, ceilings, and facades.
Architectural coating matting agents can be made of organic or inorganic substances like silica, calcium carbonate, talc, or polymers. The substrate that needs to be coated, the desired level of gloss reduction, and the processing circumstances all influence the matting agent choice. Automotive coatings frequently employ mattifying chemicals to produce a matte or satin finish that is aesthetically pleasing and conceals surface flaws. Car body panels, bumpers, dashboards, and other exterior and interior components are protected and decorated with automotive coatings.
Matting agents are often based on inorganic substances like silica or polymers in vehicle coatings because they are efficient at diffusing light and lowering gloss. To achieve the desired level of gloss reduction, the matting agents are formulated into the coating in a controlled amount. The amount of matting effect depends on the size, shape, and distribution of the matting agent particles in the coating film; typically, a larger matting agent concentration yields a deeper matte finish.
Matting Agents Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Matting Agents Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The biggest market share was held by Asia-Pacific in 2022. Due to the rising demand for a variety of end-use applications, including coatings, inks, and plastics, as well as the growing awareness of sustainability and environmental issues, mating agents are becoming more and more in demand in the Asia Pacific region.
Rapid urbanization and industrialization are taking place in the Asia-Pacific area, which is increasing demand for coatings and other surface treatments in industries including electronics, construction, and automotive. Given that matting agents are an essential part of many coating formulations to achieve the desired level of gloss reduction and enhance the appearance and performance of the coating film, the rising demand for coatings is creating a sizable market opportunity for them.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Table of Content
1 INTRODUCTION OF GLOBAL MATTING AGENTS MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Assumptions
1.5 Limitations
2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
2.1 Data Mining
2.2 Data Triangulation
2.3 Bottom-Up Approach
2.4 Top-Down Approach
2.5 Research Flow
2.6 Key Insights from Industry Experts
2.7 Data Sources
3 EXECUTIVE SUMMARY
3.1 Market Overview
3.2 Ecology Mapping
3.3 Absolute Market Opportunity
3.4 Market Attractiveness
3.5 Global Matting Agents Market Geographical Analysis (CAGR %)
3.6 Global Matting Agents Market, By Material (USD Million)
3.7 Global Matting Agents Market, By Technology (USD Million)
3.8 Global Matting Agents Market, By Application (USD Million)
3.9 Future Market Opportunities
3.10 Global Market Split
3.11 Product Life Line
4 GLOBAL MATTING AGENTS MARKET OUTLOOK
4.1 Global Matting Agents Evolution
4.2 Drivers
4.2.1 Driver 1
4.2.2 Driver 2
4.3 Restraints
4.3.1 Restraint 1
4.3.2 Restraint 2
4.4 Opportunities
4.4.1 Opportunity 1
4.4.2 Opportunity 2
4.5 Porters Five Force Model
4.6 Value Chain Analysis
4.7 Pricing Analysis
4.8 Macroeconomic Analysis
5 GLOBAL MATTING AGENTS MARKET, BY MATERIAL
5.1 Overview
5.2 Silica
5.3 Thermoplastic
5.4 Wax-based
6 GLOBAL MATTING AGENTS MARKET, BY TECHNOLOGY
6.1 Overview
6.2 Water-based
6.3 Solvent-based
6.4 Other Technologies
7 GLOBAL MATTING AGENTS MARKET, BY APPLICATION
7.1 Overview
7.2 Architectural Coatings
7.3 Automotive Coatings
7.4 Packaging Coatings
7.5 Industrial Coatings
7.6 Leather Coatings
7.7 Printing Inks
7.8 Textile Coatings
7.9 Wood Coatings
7.10 Other
8 GLOBAL MATTING AGENTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of Latin America
8.6 Middle-East and Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 Rest of Middle-East and Africa
9 GLOBAL MATTING AGENTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Developments
9.4 Company Regional Footprint
9.5 Company Industry Footprint
9.6 ACE Matrix
10 COMPANY PROFILES
10.1 Lubrizol Corporation
10.1.1 Company Overview
10.1.2 Company Insights
10.1.3 Product Benchmarking
10.1.4 Key Development
10.1.5 Winning Imperatives
10.1.6 Current Focus & Strategies
10.1.7 Threat from Competition
10.1.8 SWOT Analysis
10.2 Minchelman
10.2.1 Company Overview
10.2.2 Company Insights
10.2.3 Product Benchmarking
10.2.4 Key Development
10.2.5 Winning Imperatives
10.2.6 Current Focus & Strategies
10.2.7 Threat from Competition
10.2.8 SWOT Analysis
10.3 Evonik Industries
10.3.1 Company Overview
10.3.2 Company Insights
10.3.3 Product Benchmarking
10.3.4 Key Development
10.3.5 Winning Imperatives
10.3.6 Current Focus & Strategies
10.3.7 Threat from Competition
10.3.8 SWOT Analysis
10.4 PPG Industries
10.4.1 Company Overview
10.4.2 Company Insights
10.4.3 Product Benchmarking
10.4.4 Key Development
10.4.5 Winning Imperatives
10.4.6 Current Focus & Strategies
10.4.7 Threat from Competition
10.4.8 SWOT Analysis
10.5 Huntsman International
10.5.1 Company Overview
10.5.2 Company Insights
10.5.3 Product Benchmarking
10.5.4 Key Development
10.5.5 Winning Imperatives
10.5.6 Current Focus & Strategies
10.5.7 Threat from Competition
10.5.8 SWOT Analysis
10.6 R Grace and Company
10.6.1 Company Overview
10.6.2 Company Insights
10.6.3 Product Benchmarking
10.6.4 Key Development
10.6.5 Winning Imperatives
10.6.6 Current Focus & Strategies
10.6.7 Threat from Competition
10.6.8 SWOT Analysis
10.7 Thomas Swan and Company
10.7.1 Company Overview
10.7.2 Company Insights
10.7.3 Product Benchmarking
10.7.4 Key Development
10.7.5 Winning Imperatives
10.7.6 Current Focus & Strategies
10.7.7 Threat from Competition
10.7.8 SWOT Analysis
10.8 Armeka Group
10.8.1 Company Overview
10.8.2 Company Insights
10.8.3 Product Benchmarking
10.8.4 Key Development
10.8.5 Winning Imperatives
10.8.6 Current Focus & Strategies
10.8.7 Threat from Competition
10.8.8 SWOT Analysis
10.9 Deuteron
10.9.1 Company Overview
10.9.2 Company Insights
10.9.3 Product Benchmarking
10.9.4 Key Development
10.9.5 Winning Imperatives
10.9.6 Current Focus & Strategies
10.9.7 Threat from Competition
10.9.8 SWOT Analysis
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
keyplayers
- Lubrizol Corporation
- Minchelman
- Evonik Industries
- PPG Industries
- Huntsman International
- R Grace and Company
- Thomas Swan and Company
- Armeka Group
- and Deuteron.
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