Matting is a strong, rough, and thick material used to cover the floors. These mattings are usually made up of ropes, straw or rushes. In our daily life, we come across surfaces at home, automobile finishes, or restaurants during night time, and these surfaces have matt appearances. Matting agents are additives which, when mixed with coatings and paints gives a matte finish to the substrate. They can change the surface structure in such a way that when light falls on the surface, it gets scattered elegantly. Matting agents help in forming subjective impressions that can easily be identified by our senses. Different matting agents exist for indoor and outdoor coatings of surfaces.
Market Dynamics
Rapid urbanization, along with growing coating industry and rising disposable income are factors driving the growth of matted agents market. However, high VOC emissions in solvent-based technology high film shrinkage time act as a hindrance in the development of the market. The growing awareness and popularity of matte finishing in developed and emerging nations along with the ever-increasing construction industry are the playing the role of catalyst for the growth of the matting agent market in the years to come.
Market Scope
The "Global Matting Agent market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the matting agent market with detailed market segmentation by material, technology, application and geography. The global matting agents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the matting agent players and offers key trends and opportunities in the market.
Market Segmentation
The global matting agents market is segmented on the basis of material, technology, application and geography. On the basis of material, the market classify into silica, waxes, thermoplastics and others. The market on the basis of technology is broken into water based, solvent based, radiation cure & high solid and others. Based on application the market is broken into industrial, architectural, leather, wood, printing inks and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the matting agents market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The matting agents market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the matting agents market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the matting agents market in these regions.
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MARKET PLAYERSThe reports cover key developments in the matting agents market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from matting agents market are anticipated to lucrative growth opportunities in the future with the rising demand for matting agents in the global market. Below mentioned is the list of few companies engaged in the matting agents market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the matting agents market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Evonik Industries (Germany)
-Deuteron GmbH
-Jinsha Precipitated Silica Manufacturing Co., Ltd.
-Thomas Swan & Co. Ltd.
-Lorama Group™ Inc.
-Axalta Coating Systems
-Quantum Silicones, LLC
-Huber Engineered Materials
-Minchelman Inc.
-Thomas swan and Company
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