PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497700
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497700
Matting Agents Market Share Analysis by Material Type, Formulation Type, Application - Global Industry Demand Forecast to 2030
Key Highlights
The matting agents market generated a value of USD 409.9 million in 2023, and it will increase to USD 626.1 million, powering at a 6.4% compound annual growth rate, by 2030.
This growth can be ascribed to the increasing need for matt finishes in different sectors like packaging, construction, furniture, and automotive.
Matting agents are largely employed across many sectors, and they have many applications, including coatings, adhesives, inks, and paints.
The rising need for environment-friendly as well as sustainable matting agents is substantially boosting sales.
Agents like titanium dioxide are considered more eco-friendly than other such agents due to their non-toxic characteristics and low VOC content.
The increasing environmental consciousness along with the stringent emission guidelines in developing and developed regions is driving the need for biobased matting agents.
For making coating materials for vehicles, machinery, infrastructure, energy generation devices, building materials, consumer products, and various other applications, large investments are being made globally.
Such funding are promoted by the need to produce coatings that are strong, waterproof, and long-lasting.
Market Insights
In 2023, APAC accounted for the largest share of the industry, and it will continue this trend throughout this decade.
This is mainly because of the increasing pace of industrialization in developing APAC nations, including India and China.
The quick urbanization in such nations and increasing consciousness of these products are also driving regional industry expansion.
North America was a significant contributor to the industry in 2023. The increasing funding in the electronics and leather industries is a major driver for the regional industry.
In North America, the U.S. led the industry. This is because of the significant development of its automotive sector and the increasing need for these chemicals in the architectural and woodworking sectors.
The inorganic category accounted for a significant share in 2023, of 60%. This can be because of the rising need for inorganic matting materials like silica in several applications, including lacquers, varnishes, plastics, inks, coatings, and paints.
The waterborne category accounted for the largest share in 2023, of 40%, and it will remain the largest throughout this decade.
This can be because of the increasing strictness of government rules in many developed and developing nations for the utilization of environment-friendly products.
The powder formulation type will advance at a high rate, of 7%, in the years to come. This can be because of the cost-effectiveness, durability, and various other quality features of this type of formulation.
The architectural category accounted for the largest share of the industry in 2023, of 35%, and it will continue this trend throughout this decade.
Matting agents provide corrosion and temperature resistance, coupled with anti-glare qualities in final products.
The increasing acceptance of matte finishes among people, along with the enhancing construction industry, will increase the need for these products in architectural coatings.
In 2023, the industrial category was a significant contributor to the industry. This can be because of the extensive applications of such agents, such as in printing inks, metals, papers, and plastics.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by material type
- 1.4.2. Market size breakdown, by formulation type
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
- 6.4. Value Chain Analysis
- 6.5. Technology Analysis
- 6.6. Regulatory Framework
Chapter 7. Competitive Landscape
- 7.1. List of Market Players and their Offerings
- 7.2. Competitive Benchmarking of Key Players
- 7.3. Product Benchmarking of Key Players
- 7.4. Recent Strategic Developments
- 7.5. Investment by Players
Chapter 8. Global Market
- 8.1. Overview
- 8.2. Market Revenue, by Material Type (2017-2030)
- 8.3. Market Revenue, by Formulation Type (2017-2030)
- 8.4. Market Revenue, by Application (2017-2030)
- 8.5. Market Revenue, by Region (2017-2030)
Chapter 9. North America Market
- 9.1. Overview
- 9.2. Market Revenue, by Material Type (2017-2030)
- 9.3. Market Revenue, by Formulation Type (2017-2030)
- 9.4. Market Revenue, by Application (2017-2030)
- 9.5. Market Revenue, by Country (2017-2030)
Chapter 10. Europe Market
- 10.1. Overview
- 10.2. Market Revenue, by Material Type (2017-2030)
- 10.3. Market Revenue, by Formulation Type (2017-2030)
- 10.4. Market Revenue, by Application (2017-2030)
- 10.5. Market Revenue, by Country (2017-2030)
Chapter 11. APAC Market
- 11.1. Overview
- 11.2. Market Revenue, by Material Type (2017-2030)
- 11.3. Market Revenue, by Formulation Type (2017-2030)
- 11.4. Market Revenue, by Application (2017-2030)
- 11.5. Market Revenue, by Country (2017-2030)
Chapter 12. LATAM Market
- 12.1. Overview
- 12.2. Market Revenue, by Material Type (2017-2030)
- 12.3. Market Revenue, by Formulation Type (2017-2030)
- 12.4. Market Revenue, by Application (2017-2030)
- 12.5. Market Revenue, by Country (2017-2030)
Chapter 13. MEA Market
- 13.1. Overview
- 13.2. Market Revenue, by Material Type (2017-2030)
- 13.3. Market Revenue, by Formulation Type (2017-2030)
- 13.4. Market Revenue, by Application (2017-2030)
- 13.5. Market Revenue, by Country (2017-2030)
Chapter 14. U.S. Market
- 14.1. Overview
- 14.2. Market Revenue, by Material Type (2017-2030)
- 14.3. Market Revenue, by Formulation Type (2017-2030)
- 14.4. Market Revenue, by Application (2017-2030)
Chapter 15. Canada Market
- 15.1. Overview
- 15.2. Market Revenue, by Material Type (2017-2030)
- 15.3. Market Revenue, by Formulation Type (2017-2030)
- 15.4. Market Revenue, by Application (2017-2030)
Chapter 16. Germany Market
- 16.1. Overview
- 16.2. Market Revenue, by Material Type (2017-2030)
- 16.3. Market Revenue, by Formulation Type (2017-2030)
- 16.4. Market Revenue, by Application (2017-2030)
Chapter 17. France Market
- 17.1. Overview
- 17.2. Market Revenue, by Material Type (2017-2030)
- 17.3. Market Revenue, by Formulation Type (2017-2030)
- 17.4. Market Revenue, by Application (2017-2030)
Chapter 18. U.K. Market
- 18.1. Overview
- 18.2. Market Revenue, by Material Type (2017-2030)
- 18.3. Market Revenue, by Formulation Type (2017-2030)
- 18.4. Market Revenue, by Application (2017-2030)
Chapter 19. Italy Market
- 19.1. Overview
- 19.2. Market Revenue, by Material Type (2017-2030)
- 19.3. Market Revenue, by Formulation Type (2017-2030)
- 19.4. Market Revenue, by Application (2017-2030)
Chapter 20. Spain Market
- 20.1. Overview
- 20.2. Market Revenue, by Material Type (2017-2030)
- 20.3. Market Revenue, by Formulation Type (2017-2030)
- 20.4. Market Revenue, by Application (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Material Type (2017-2030)
- 21.3. Market Revenue, by Formulation Type (2017-2030)
- 21.4. Market Revenue, by Application (2017-2030)
Chapter 22. Japan Market
- 22.1. Overview
- 22.2. Market Revenue, by Material Type (2017-2030)
- 22.3. Market Revenue, by Formulation Type (2017-2030)
- 22.4. Market Revenue, by Application (2017-2030)
Chapter 23. India Market
- 23.1. Overview
- 23.2. Market Revenue, by Material Type (2017-2030)
- 23.3. Market Revenue, by Formulation Type (2017-2030)
- 23.4. Market Revenue, by Application (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Material Type (2017-2030)
- 24.3. Market Revenue, by Formulation Type (2017-2030)
- 24.4. Market Revenue, by Application (2017-2030)
Chapter 25. Australia Market
- 25.1. Overview
- 25.2. Market Revenue, by Material Type (2017-2030)
- 25.3. Market Revenue, by Formulation Type (2017-2030)
- 25.4. Market Revenue, by Application (2017-2030)
Chapter 26. Brazil Market
- 26.1. Overview
- 26.2. Market Revenue, by Material Type (2017-2030)
- 26.3. Market Revenue, by Formulation Type (2017-2030)
- 26.4. Market Revenue, by Application (2017-2030)
Chapter 27. Mexico Market
- 27.1. Overview
- 27.2. Market Revenue, by Material Type (2017-2030)
- 27.3. Market Revenue, by Formulation Type (2017-2030)
- 27.4. Market Revenue, by Application (2017-2030)
Chapter 28. Saudi Arabia Market
- 28.1. Overview
- 28.2. Market Revenue, by Material Type (2017-2030)
- 28.3. Market Revenue, by Formulation Type (2017-2030)
- 28.4. Market Revenue, by Application (2017-2030)
Chapter 29. South Africa Market
- 29.1. Overview
- 29.2. Market Revenue, by Material Type (2017-2030)
- 29.3. Market Revenue, by Formulation Type (2017-2030)
- 29.4. Market Revenue, by Application (2017-2030)
Chapter 30. U.A.E. Market
- 30.1. Overview
- 30.2. Market Revenue, by Material Type (2017-2030)
- 30.3. Market Revenue, by Formulation Type (2017-2030)
- 30.4. Market Revenue, by Application (2017-2030)
Chapter 31. Company Profiles
- 31.1. Evonik Industries AG
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
- 31.2. PPG Industries Inc.
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
- 31.3. Imerys S.A.
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
- 31.4. W. R. Grace & Co.-Conn
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.4.3. Key financial summary
- 31.5. Arkema Group
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.5.3. Key financial summary
- 31.6. Huntsman Corporation
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
- 31.7. Micro Powders Inc.
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.7.3. Key financial summary
- 31.8. Michelman Inc.
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.8.3. Key financial summary
- 31.9. J. M. Huber Corporation
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.9.3. Key financial summary
- 31.10. Aalborz Chemical LLC
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary
Chapter 32. Appendix
- 32.1. Abbreviations
- 32.2. Sources and References
- 32.3. Related Reports
