Global Matting Agents Market 2017-2021 Description
TechNavio - Infiniti Research Ltd.
Global Matting Agents Market 2017-2021
About Matting Agents
Matting agents minimize the gloss of polished surfaces or clear coating films. These are used as additives, which rapidly reduce the gloss of transparent coatings either by the formation of structural surface irregularities that scatters light or by making the material surface less transparent. Matting agents are manufactured from sulfuric acid and sodium silicate. Matting agents are used widely in various coating applications. They are classified into two categories: organic and inorganic.
Technavio’s analysts forecast the global matting agents market to grow at a CAGR of 5.11% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global matting agents market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
Technavio's report, Global Matting Agents Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Baltimore Innovations
- Evonik Industries
- Huntsman International
- PPG Industries
- W.R.Grace
Other prominent vendors - 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
- Worlee
Market driver - High demand from paint and coating industry
- For a full, detailed list, view our report
Market challenge - Fluctuations in raw material prices
- For a full, detailed list, view our report
Market trend - Increasing development of new applications
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Press Release
Technavio Announces the Publication of its Research Report – Global Matting Agents Market 2017-2021
Technavio recognizes the following companies as the key players in the global matting agents market: Baltimore Innovations, Evonik Industries, Huntsman International, PPG Industries, and W.R.Grace.
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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing development of new applications. Matting agents are used in various applications. Major vendors have increased their R&D activities and innovation. This has given rise to various new possible applications. There are many medical device applications that require matt surface finish for anti-block performance. Currently, matte surface is not incorporated largely in medical devices. However, in the future, matting agents might have a larger scope from the medical segment.”
According to the report, one of the major drivers for this market is High demand from paint and coating industry. Matting agents are majorly used in the paint and coating industry. Matting agents enhance the surface properties, making it scratchproof and resistant to weathering and water. The paint and coating industry accounts for the major consumption of matting agents. The global paint and coating market is growing significantly. The rising demand for matte finish surface from various coating applications is generating the demand for matting agents globally.
Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in raw material prices. Matting agents are manufactured from sulfuric acid and sodium silicate. The global prices of sulfuric acid and sodium silicate are fluctuating. Thus, vendors are finding it difficult to manage the cost of matting agents, which is significantly hampering the demand for matting agent due to the price collapse.
Companies Mentioned
Baltimore Innovations, Evonik Industries, Huntsman International, PPG Industries, W.R.Grace, 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.
