Global Matting Agents Market 2017-2021

This industry research report identifies Baltimore Innovations, Evonik Industries, Huntsman International, PPG Industries, and W.R.Grace as the key vendors in the global matting agents market. A comprehensive analysis of this market is also presented by application (architectural coating, industrial coating, wood coating, leather coating, and others), by formulation (waterborne, solvent borne, powder, UV curable, and others), and by geography (APAC, Europe, North America, and ROW).

Overview of the global matting agents market

Research analysis on the global matting agents market identifies the improved surface properties of matting agents as one of the major factors that will have a positive impact on the market's growth prospects in the coming years. Technavio's market research analysts predict that this market will grow at a CAGR of more than 5% by 2021. Factors such as the cost-effectiveness, reduction of gloss, and resistance to weather, chemical, water, and abrasion by making structural changes in the surface drives the demand for matting agents in numerous applications such as the development of paints, coatings, leather, wood, automotive, textiles, and architectural industries. Moreover, matting agents with bigger particle size provide increased matting efficiency and mixing these with functional fillers, such as ceramic microspheres offers higher volume loadings, minimal viscosity, lower VOCs, enhanced scratch, abrasion resistance, and lesser haze to the surfaces. This will offer abundant growth opportunities to vendors in the matting agent market.

In terms of geographical regions, APAC will be the major revenue contributor to the matting agents market throughout the forecast period. The increasing demand from the paints and coatings industry, the rise in automotive consumption, and growth in leather export, will be the major factors driving the growth of the market in this region. 

What's your takeaway?

Technavio's industry research report titled, Global Matting Agents Market, will help you-

• Identify latent opportunities and explorative solutions in the matting agents market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors  

Owing to the presence of both large and small vendors, the matting agents market appears to be quite fragmented. Many companies are developing innovative ideas to come up with new matting agents that have improved performance for various applications. Major vendors are entering the emerging markets by joint ventures or through M&A activities. Vendors are concentrating on the emerging countries and are also focusing on product innovation to develop improved performance-based products.

The leading vendors in the market are -

• Baltimore Innovations
• Evonik Industries
• Huntsman International
• PPG Industries
• W.R.Grace

The other prominent vendors in the market are Axalta Coating Systems, BASF, BYK, Deuteron, DGL Camel International, DOG Chemie, DOUBLE BOND CHEMICAL IND, Fuji Silysia Chemical, Huber Engineered Materials, Imerys, King Industries, Luan Jietonda Chemical, Michelman's, Micro Powders, Patcham, PQ, Royal DSM, Shamrock Technologies, Shouguang Baote Chemical and Industrial, SureCrete Design Products, The Lubrizol, Thomas Swan, Toyobo, and Worlee.

Segmentation by application and analysis of the matting agents market

• Architectural coating
• Industrial coating
• Wood coating
• Leather coating

During 2016, the architectural coating segment accounted for the major shares of the matting agents market. Benefits such as inertness, film permeability control, burnish and scrub resistance, and increased brightness will increase the demand for matting agents in used in interior and exterior wall coatings, floor coatings, and roof coatings.

Segmentation by formulation and analysis of the matting agents market

• Waterborne
• Solvent borne
• Powder
• UV curable

According to this market research report, the waterborne segment will account for the maximum shares of the matting agents market until 2021. Advantages such as superior matte finishing and wetting, efficient surface roughness, chemical resistance, and high transparency, will drive the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global matting agents market?
• What are the key market trends impacting the growth of the global matting agents market?
• What are the challenges to market growth?
• Who are the key vendors in the global matting agents market?
• What are the market opportunities and threats faced by the vendors in the global matting agents market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global matting agents market?

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