Matting Agents Market Powering Swiftly to Reach USD 575.01 Million by 2022

The latest research report by Zion Market Research (ZMR) states that the global matting agents market is representing an enormously aggressive business environment with the charisma of a number of dominating market players. The major players operating in the global matting agents market are PPG Industries, Evonik Industries, Imerys Minerals Ltd., Huntsman Corporation, J. M. Huber Corporation, W.R. Grace and Company, Akzonobel, Arkema, BYK Additives & Instruments, and Lubrizol.

This review is based on a report by Zion Market Research titled “Matting Agents Market (Waxes, Thermoplastics, Silica and Others) by Technology (Water-Based, Solvent-Based, Powder Coatings and Radiation Cure & High Solids) for Industrial, Architectural, Leather, Wood, Printing Inks and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022.”- Report at https://www.zionmarketresearch.com/report/matting-agents-market

Rising Paints & Coatings Industry Across The World To Boost The Global Matting Agents Market

The global matting agents market is estimated to see a huge growth over the upcoming period on account of the rising paints & coatings industry across the world. Growing demand for matte-finished products in the automotive sector and electronics industry is estimated to boost the global matting agents market in the upcoming period. The development of superior matting agents is supposed to further boost the global matting agents market in the recent future.

The Asia Pacific Region Projected To Offer Huge Growth Opportunities Owing To Increasing Demand For Matting Agents

The increasing demand for matting agents from the Asia Pacific region is projected to offer huge growth opportunities for the major players in the global matting agents market in recent years. Various technological advancements in the industry leading to efficiency and quality improvement are also anticipated to open the novel growth opportunities in the global matting agents market in the upcoming future.

On the basis of the regional analysis, the Asia Pacific region owns the biggest market for matting agents in the world due to the growing demand for matte finished products from the industrial area. This region in the in the global matting agents market is estimated to be the rapidly growing market for matting agents in the upcoming period due to the increasing consumption levels and spending power of the population.

Silica segment from the global matting agents market was accounted for holding the largest market share in 2016. This segment is estimated to register a major growth rate in the upcoming period as well. In 2016, the water-based segment in the global matting agents market demonstrated its dominance. This segment is supposed to continue its dominance over the upcoming period. Water-based matting agent is widely used in the paints & coatings industry for numerous applications including wood coatings, architectural coatings, industrial coatings, plastic coatings, and so on.

In 2016, the architectural application was highlighted as the leading application segment in the global matting agents market. This segment is accounted to hold the highest share of the global matting agents market in the estimated period. Matting agents are employed in residential and nonresidential buildings. At the same time, they are also used for decorative architectural objects such as sculptures and wall paintings. The industrial coatings segment in the global matting agents market is estimated to record the highest growth due to the demand for products with a matte finish along with dust and abrasion resistance.

The global matting agents market is segmented as follows:

By Type

• Wax
• Thermoplastics
• Silica
• Others

By Tech

• Water-Based
• Solvent-Based
• Powder Coatings 
• Radiation Cure & High Solids

By Application

• Industrial
• Architectural
• Leather
• Wood
• Printing Inks
• Others

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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