Matting Agents Market Size, Industry Trends, Share and Report 2024-2032
The latest report by IMARC Group, titled “Matting Agents Market Report by Material Type (Silica, Thermoplastic, Wax-based), Technology (Water-based, Solvent-based, and Others), Application (Industrial Coatings, Wood Coatings, Leather Coatings, Architectural Coatings, and Others), and Region 2024-2032“, The global matting agents market size reached US$ 616 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 924 Million by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.
Matting agents are additives used in various industries, including coatings, paints, inks, and plastics, to reduce the gloss or shine of a surface, creating a matte or satin finish. They are essential for achieving specific aesthetic and functional properties in products. They are typically fine particles or chemicals mixed into coatings or materials. They work by scattering or diffusing light on the surface, which decreases its reflectivity and glossiness. This scattering effect creates a non-reflective, muted, and matte appearance. There are two primary types of matting agents: organic and inorganic. Organic matting agents are often based on materials like wax, silica, or polymers. On the other hand, inorganic matting agents are typically composed of minerals like precipitated silica or calcium carbonate. At present, matting agents are gaining immense traction across the globe as crucial additives that allow manufacturers to achieve the desired level of gloss or matte finish in their products, catering to diverse consumer preferences and functional needs.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/matting-agents-market/requestsample
Matting Agents Market Trends and Drivers:
The global matting agents market is primarily driven by the growing demand for matte finishes in various industries, including paints and coatings, automotive, and packaging. Matte finishes are preferred for their aesthetic appeal and tactile qualities, fueling the need for mating agents. Apart from this, the implementation of stringent environmental regulations and the shift toward eco-friendly and low-VOC coatings have accelerated the adoption of sustainable matting agent solutions. Moreover, the rising use of matting agents in the pharmaceutical and cosmetics industries to enhance the texture and appearance of products like tablets and cosmetics is propelling market growth. Besides this, ongoing technological advancements in the development of innovative matting agents, such as nano-particle-based formulations, represent another major growth-inducing factor. Furthermore, the increasing popularity of high-performance coatings in the construction and industrial sectors has augmented the demand for matting agents, as they play a crucial role in achieving desired surface characteristics, thereby contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Material Type Insights:
- Silica
- Thermoplastic
- Wax-based
Technology Insights
- Water-based
- Solvent-based
- Others
Application Insights:
- Industrial Coatings
- Wood Coatings
- Leather Coatings
- Architectural Coatings
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Akzo Nobel N.V.
- Arkema S.A.
- CHT Group
- Deuteron GmbH
- Evonik Industries AG
- Imerys S.A.
- J.M. Huber Corporation
- PPG Industries Inc.
- PQ Corporation
- The Lubrizol Corporation
- Thomas Swan & Co. Ltd.
- W. R. Grace and Co. (Standard Industries Limited)
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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