The global matting agents market is anticipated to reach USD
1.05 billion by 2025, according to a new report by Grand View Research, Inc.
The growth of global paints and coatings industry coupled with its usage in
industrial and architectural applications is expected to fuel the market growth
over the forecast period.
Matting agents alter the surface properties of an
application, resulting in diffusion of incident light. These phenomena result
in gloss reduction thus causing matting effect. They are available in various
forms such as powders, dispersions, compounds and blends thus facilitating
their easy usage.
The additives impart an authentic look to the surface.
Furthermore, they can exhibit properties such as scratch, weathering, and water
resistance to the coatings. Such inherent advantages are expected to result in
market growth globally. Strong demand for industrial applications in emerging
countries such as China and India is expected to benefit the overall market
growth.
Silica-based products occupied a major market share in 2015.
Companies have developed products which can be used in conjunction with organic
type such as waxes, to enhance the product performance. Major market
participants are maintaining modern laboratories to carry out R&D
activities for product development. Also, efforts are being taken by companies
in the development of technical partnerships with its customers.
Browse full research report on Matting Agents Market: http://www.grandviewresearch.com/industry-analysis/matting-agents-market
Further Key Findings from the Study Suggest:
- Matting
agents have little effect on rheology, viscosity, and elasticity, provides
good haptic properties and imparts a smooth feel to the surface. Thus
these advantages are expected to contribute to a rise in market demand.
- Demand
from powder coating formulation is expected to witness the highest
estimated CAGR of 6.0% from 2016 to 2025. This formulation type is
witnessing a demand rise due to its cost effectiveness thus benefitting
the market growth for matting agents.
- Architectural
coatings application segment dominated the market in 2015 and is expected
to witness a CAGR of 5.5% from 2016 to 2025.
- In
terms of volume, Asia Pacific region had the highest penetration in
2015.Increasing industrialization in the region is expected to contribute
significantly to the global matting agents market demand.
- Major
industry participants include PPG, Deuteron, W.R. Grace & Co., Huber
Engineered Materials, and Evonik Industries among others
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the matting agents market
on the basis of product, formulation, application and region:
Matting Agents Product Outlook (Volume, Kilo Tons,
Revenue, USD Million, 2014 - 2025)
- Organic
- Waxes
- Thermoplastics
- Inorganic
- Silica
- Others
Matting Agents Formulation Outlook (Volume, Kilo
Tons, Revenue, USD Million, 2014 - 2025)
- Waterborne
- Solventborne
- Powder
- UV
- Others
Matting Agents Application Outlook (Volume, Kilo
Tons, Revenue, USD Million, 2014 - 2025)
- Industrial
coatings
- metals
- papers
- plastics
- printing
inks
- Others
- wood
coatings
- Leather
coatings
- Architectural
coatings
- Others
Regional Outlook (Volume, Kilo Tons, Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Middle
East and Africa
- Central
& South America
Access press
release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-matting-agents-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information: www.grandviewresearch.com
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