Matting Agents Market

Matting Agents Market by Material (Silica, Waxes, Thermoplastics), Technology (Water-borne, Solvent-borne, Powder, Radiation cure & High Solids), and Application (Industrial, Architectural, Leather, Wood, Printing Inks), & Region - Global Forecast to 2028

Report Code: CH 5398 Oct, 2023, by marketsandmarkets.com

Updated on : March 19, 2024

Matting Agents Market

The global matting agents market size was valued at USD 400 million in 2023 and is projected to reach USD 533 million by 2028, growing at 5.8% cagr from 2023 to 2028. The growth of the construction and furniture industries plays a key role in driving the matting agents market. The increased consumption of matting agents in end-use industries is backed by their potential advantages, such as scratch resistance, high water resistance, and ease of use. In the building & construction industry, matting agents are used as additives in decorative paints, wood strainers, flooring, emulsion paints, and others. The antiglare property of matting agents is the major reason for the growing popularity of coatings in the construction industry.

Matting Agents Market

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Matting Agents Market

Matting Agents Market Dynamics

Driver: Growth of construction sector

Globalization, urbanization, rising standard of living, increasing purchasing power parity (PPP), infrastructural development, and the growing need to construct megacities in emerging economies fuel the construction industry worldwide. The construction industry accounts for about 5% of the GDP in developed countries and 8% in developing economies. A large demand for infrastructure in emerging economies in the next two decades is expected. By 2040, global infrastructure investment is estimated to be USD 3.7 trillion annually.

The COVID-19 pandemic impacted every region, country, and industry worldwide. Lockdowns and slowdowns were the norms for months. However, the crisis has subsided, and businesses are returning to usual. A construction boom is expected in Asia Pacific with infrastructure projects, increasing urbanization, and increased interest in technology implementation and business model remodeling. Sustainability trends such as adopting prefabricated construction, sustainable construction, and green building technology are likely to revolutionize conventional business in the construction sector.

Restraints: Requirement of more drying time for waterborne matting agents

The drying and curing of waterborne matting agents require more time than that of solvent-borne matting agents. Waterborne matting agents have excellent flow properties that change with humidity, affecting the coating application. During high humidity, water does not evaporate easily, resulting in poor cure and decreased performance. Waterborne matting agents are also sensitive to freezing conditions. Many waterborne matting agents are not usable after freezing.

Opportunities: Shifting focus to Asia Pacific

The construction and automotive industries are witnessing rapid growth in Asia Pacific, creating ample opportunities for matting agent producers to commercialize their products in decorative paints and automotive interiors. Growing awareness among consumers and rising demand for antiglare properties in various industries are expected to benefit the matting agents market in the region. Matting agents are used as additive in architectural coatings , industrial coatings, and printing inks across end-use industries such as construction, automotive, furniture, footwear and electrical and electronics.

Challenges: Adoption of new technologies

The difficulty in attaining widespread acceptance of a technology that may modify how one formulates is high. This implies that the manufacturer’s offerings must either be transformational or aid in effectively applying a new coating. Collaborations in the coating technology between matting agent manufacturers and raw material suppliers will be necessary to bring forward new coating technologies. The firm or manufacturer must demonstrate that they are knowledgeable in their field and can cater to their demands with feasible solutions. The industry is still very conservative and reluctant to take new forms of cooperation, such as open innovation.

Matting Agents Market Ecosystem

The value chain of the coating additives industry includes the entire process of converting raw materials—resins, solvents, pigments, hardeners—into finished additives for various applications in end-use industries, such as architecture, automotive, general industrial, protective, wood, and printing inks. The coating additive industry focuses on advanced, sustainable, cost-effective, high-performance materials that offer less permeability, thereby increasing the product’s shelf-life. It is undergoing continuous technological upgrades concerning the design and development of raw materials.

 

Matting Agents Market Ecosystem

Based on the material, silica was the largest segment of the matting agents market, in terms of value, in 2022.

Silica-based matting agents accounted for a major share of the global market, in terms of value, in 2022. Silica is majorly used as a matting agent owing to its compatibility with coating formulations. Both precipitated and pyrogenic silica are used as matting agents in various applications. However, some of the silica-based matting agents are treated with waxes and other chemicals to change their chemical properties and improve the matte finish.

Based on technology, water-borne were the largest segment of the matting agents market, in terms of value, in 2022.

Water-based matting agents accounted for the largest share of the global market in terms of value in 2022. Stringent government regulations for the manufacture of environmentally friendly products in developed markets have pushed the coatings industry to invest in finding alternatives that meet regulatory standards. The use of water-based inks is increasingly becoming common due to concerns regarding the use of organic solvents in coating additives such as surface and rheology modifiers.

Based on application, architectural was the largest segment of the matting agents market, in terms of value, in 2022.

The architectural coatings application led the matting agents market and accounted for the largest in global market, in terms of value, in 2022. Matting agents used in architectural coatings provide corrosion and temperature resistance and antiglare properties in end products. The growing popularity of the matte finish among consumers in both developed and emerging nations, coupled with the growth in the construction industry, is estimated to drive the matting agents market in architectural coatings.

Based on application, skin care was the largest segment of the matting agents market, in terms of value, in 2022.

Matting agents are used in skincare and hair care products to deliver the proposed benefits. The skin care application accounted for the larger market share, in terms of value, of the global matting agents market in 2022. It is estimated to have high demand due to growing aspirations to have younger skin and even skin tone and aging population growth. The increasing impact of global warming, with a rise in excess heat levels, is surging the demand for sun protection and moisturizing agents.

Asia Pacific accounted for the largest market share of the matting agents market, in terms of value, in 2022.

The construction industry has witnessed significant growth over the past few years in Asia Pacific. The demand for coatings is expected to grow due to the increase in construction activities, which is supported by rapid urbanization and growing household maintenance activities globally. The demand for coatings has been negatively impacted due to stringent government regulations and high safety standards regarding the use of volatile organic compounds. However, the development of environment-friendly matting agents such as water-based, powder, and high solids is expected to drive the matting agents market.

Matting Agents Market by Region

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Key Market Players

The key players in this market are Evonik Industries AG (Germany), PPG Industries, Inc. (US), Huntsman International LLC (US), Imerys S.A. (France), W. R. Grace & Co.-Conn. (US), J.M. Huber Corporation (US), ALTANA (Germany), Akzo Nobel N.V. (Netherlands), Arkema S.A. (France), and Lubrizol Corporation (US) and others. These are the key manufacturers that secured a major market share in the last few years.

Matting Agents Market Report Scope

Report Metric

Details

Years considered for the study

2017–2028

Base year considered

2022

Forecast period

2023–2028

Units considered

Value (USD Million)

Segments Covered

Material, Technology, Application, and Region

Regions covered

Asia Pacific, North America, Europe, Middle East & Africa, and South America

Companies profiled

The key players profiled in the report are Evonik Industries AG (Germany), PPG Industries, Inc. (US), Huntsman International LLC (US), Imerys S.A. (France), W. R. Grace & Co.-Conn. (US), J.M. Huber Corporation (US), ALTANA (Germany), Akzo Nobel N.V. (Netherlands), Arkema S.A. (France), and Lubrizol Corporation (US) and others.

This report categorizes the global matting agents market based on material, technology, application, and region.

On the basis of Material, the matting agents market has been segmented as follows:
  • Silica
  • Waxes
  • Thermoplastics
  • Others
On the basis of Technology, the matting agents market has been segmented as follows:
  • Water-borne
  • Solvent-borne
  • Powder
  • Radiation cure & High Solids
On the basis of Application, the matting agents market has been segmented as follows: 
On the basis of region, the matting agents market has been segmented as follows:
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Arica
  • South America

Recent Developments

  • In March 2023, BYK, subsegment of ALTANA launched three new additives under the CERAFLOUR product line. With the corn starch-based polymers with wax-like properties, BYK has further expanded its portfolio of sustainable additives. Both additives ensure good matting while maintaining high transparency.
  • In March 2023, BYK officially opened its second manufacturing facility in China, expanding existing premises with laboratories and administration in Shanghai. With an initial output of 4,750 tonnes, the integrated site is part of a larger project at Shanghai Chemical Industry Park (SCIP).
  • In March 2023, AkzoNobel Aerospace Coatings launched Aerofleet Coatings Management, a new digital, data-driven service that helps airlines and other large operators to tailor and optimize the coatings’ replacement and maintenance schedule for individual aircraft within an airline fleet.
  • In July 2022, Evonik launched three new silicas from the specialty chemicals group that are characterized by a combination of efficient, ultra-deep matting, high transparency, and extremely fine surface haptics. All three matting agents can be used universally in water- and solvent-based systems as well as in pigmented and clear formulations.
  • In August 2022, Evonik’s Coating Additives business line is expanding the production capacity of its ACEMATT precipitated matting agents at its manufacturing facility in Taiwan.s.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 33)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
           1.2.2 MATTING AGENTS: MARKET DEFINITION AND INCLUSIONS,  BY MATERIAL
           1.2.3 MATTING AGENTS: MARKET DEFINITION AND INCLUSIONS,  BY TECHNOLOGY
           1.2.4 MATTING AGENTS: MARKET DEFINITION AND INCLUSIONS,  BY APPLICATION
    1.3 STUDY SCOPE 
          FIGURE 1 MATTING AGENTS MARKET SEGMENTATION
    1.4 REGIONS COVERED 
    1.5 YEARS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
    1.7 UNIT CONSIDERED 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
           1.9.1 RECESSION IMPACT

2 RESEARCH METHODOLOGY (Page No. - 39)
    2.1 RESEARCH DATA 
          FIGURE 2 MATTING AGENTS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary interview participants
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (SUPPLY-SIDE): COMBINED MARKET SHARE OF MAJOR PLAYERS
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL TYPES
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 BOTTOM-UP (DEMAND-SIDE): PRODUCTS SOLD AND THEIR AVERAGE SELLING PRICE
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 TOP-DOWN
    2.3 DATA TRIANGULATION 
          FIGURE 7 MATTING AGENTS MARKET: DATA TRIANGULATION
    2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 
           2.4.1 SUPPLY-SIDE
                    FIGURE 8 MARKET CAGR PROJECTIONS FROM SUPPLY SIDE
           2.4.2 DEMAND SIDE
                    FIGURE 9 MARKET GROWTH PROJECTIONS FROM DEMAND SIDE DRIVERS  AND OPPORTUNITIES
    2.5 FACTOR ANALYSIS 
    2.6 RECESSION IMPACT 
    2.7 ASSUMPTIONS 
    2.8 LIMITATIONS 
    2.9 RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 50)
    FIGURE 10 SILICA TO BE LARGEST MATERIAL OF MATTING AGENTS IN 2022
    FIGURE 11 WATER-BORNE TECHNOLOGY TO BE LARGEST SEGMENT OF MATTING AGENTS MARKET DURING FORECAST PERIOD
    FIGURE 12 ARCHITECTURAL COATINGS APPLICATION TO LEAD MATTING AGENTS MARKET DURING FORECAST PERIOD
    FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF MATTING AGENTS MARKET IN 2022
 
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MATTING AGENTS MARKET 
          FIGURE 14 INCREASING APPLICATION AREAS OFFER GROWTH OPPORTUNITIES FOR MATTING AGENTS MARKET
    4.2 MATTING AGENTS MARKET, BY REGION 
          FIGURE 15 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
    4.3 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY AND APPLICATION 
          FIGURE 16 ARCHITECTURAL AND CHINA ACCOUNTED FOR LARGEST MARKET SHARES OF ASIA PACIFIC MATTING AGENTS MARKET IN 2022
    4.4 MATTING AGENTS MARKET, BY APPLICATION AND REGION 
          FIGURE 17 ARCHITECTURAL LED MATTING AGENTS MARKET ACROSS REGIONS
    4.5 MATTING AGENTS MARKET, BY KEY COUNTRY 
          FIGURE 18 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 56)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MATTING AGENTS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand from end-use industries
                                FIGURE 20 PRODUCTION OF AUTOMOBILES ACROSS COUNTRIES IN 2022 (MILLION UNITS)
                    5.2.1.2 Growth of construction sector
                                FIGURE 21 REGIONAL CONSTRUCTION GROWTH, 2021–2030 (CAGR)
                    5.2.1.3 Superior properties of glossy finishes
                    5.2.1.4 Technological advancements in powder coating technology
           5.2.2 RESTRAINTS
                    5.2.2.1 Stringent regulatory policies
                    5.2.2.2 Requirement of more drying time for waterborne matting agents
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Shifting focus to Asia Pacific
                    5.2.3.2 Investments in emerging economies
           5.2.4 CHALLENGES
                    5.2.4.1 Difficulties in use of water-based, radiation cure, and solvent-based coatings
                    5.2.4.2 Adoption of new technologies
    5.3 PORTER’S FIVE FORCES ANALYSIS 
          FIGURE 22 MATTING AGENTS MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 1 MATTING AGENTS MARKET: PORTER’S FIVE FORCES ANALYSIS
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 GDP TRENDS AND FORECASTS FOR MAJOR ECONOMIES
                    TABLE 2 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES, 2020–2028 (USD BILLION)
 
6 INDUSTRY TRENDS (Page No. - 65)
    6.1 SUPPLY CHAIN ANALYSIS 
          FIGURE 23 MATTING AGENTS MARKET: SUPPLY CHAIN
           6.1.1 RAW MATERIALS
           6.1.2 MANUFACTURERS
           6.1.3 DISTRIBUTION NETWORK
           6.1.4 END-USE INDUSTRIES
    6.2 KEY STAKEHOLDERS & BUYING CRITERIA 
           6.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATION
                    TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
           6.2.2 BUYING CRITERIA
                    FIGURE 25 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
                    TABLE 4 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES
    6.3 PRICING ANALYSIS 
           6.3.1 AVERAGE SELLING PRICE TREND, BY REGION
                    FIGURE 26 AVERAGE SELLING PRICE TREND OF MATTING AGENTS, BY REGION (USD/KG)
                    TABLE 5 AVERAGE SELLING PRICE TREND OF MATTING AGENTS, BY REGION (USD/KG)
           6.3.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
                    FIGURE 27 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
                    TABLE 6 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION (USD/KG)
    6.4 TRENDS/DISRUPTIONS IMPACTING BUSINESSES 
           6.4.1 REVENUE SHIFTS & NEW REVENUE POCKETS FOR MATTING AGENTS MARKET
                    FIGURE 28 REVENUE SHIFT FOR MATTING AGENTS MARKET
    6.5 ECOSYSTEM MAPPING 
          TABLE 7 MATTING AGENTS MARKET: ECOSYSTEM MAPPING
          FIGURE 29 MATTING AGENTS MARKET: ECOSYSTEM
    6.6 TECHNOLOGY ANALYSIS 
           6.6.1 SUPERCRITICAL FLUID EXTRACTION TECHNOLOGY
    6.7 CASE STUDY ANALYSIS 
           6.7.1 CASE STUDY: USE OF ORGANIC MATTING AGENT TO MODIFY ESTHETICS OF INDUSTRIAL COATINGS MADE WITH ALUMINUM FLAKE PIGMENTS
    6.8 TRADE DATA STATISTICS 
           6.8.1 IMPORT SCENARIO OF MATTING AGENTS
                    FIGURE 30 IMPORT OF MATTING AGENTS, BY KEY COUNTRIES (2013–2022)
                    TABLE 8 IMPORT OF MATTING AGENTS, BY REGION, 2013–2022 (USD MILLION)
           6.8.2 EXPORT SCENARIO OF MATTING AGENTS
                    FIGURE 31 EXPORT OF MATTING AGENTS, BY KEY COUNTRIES (2013–2022)
                    TABLE 9 EXPORT OF MATTING AGENTS, BY REGION, 2013–2022 (USD MILLION)
    6.9 TARIFF AND REGULATORY LANDSCAPE 
           6.9.1 LEGISLATIVE AND REGULATORY POLICY UPDATE
                    6.9.1.1 VOC regulations
                    6.9.1.2 HAP regulations
                    6.9.1.3 Regulations on use of matting agents
           6.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.10 KEY CONFERENCES & EVENTS IN 2023–2024 
           TABLE 14 MATTING AGENTS MARKET: CONFERENCES & EVENTS
    6.11 PATENT ANALYSIS 
           6.11.1 APPROACH
           6.11.2 DOCUMENT TYPE
                     TABLE 15 TOTAL NUMBER OF PATENTS IN LAST 11 YEARS (2012–2022 )
                     FIGURE 32 PATENTS REGISTERED IN MATTING AGENTS MARKET, 2012–2022
                     FIGURE 33 PATENT PUBLICATION TRENDS, 2012–2022
                     FIGURE 34 LEGAL STATUS OF PATENTS FILED IN MATTING AGENTS MARKET
           6.11.3 JURISDICTION ANALYSIS
                    FIGURE 35 TOP JURISDICTION
           6.11.4 TOP APPLICANTS
                     FIGURE 36 FUJIFILM HOLDINGS CORPORATION REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 2022
                     TABLE 16 PATENTS BY FUJIFILM HOLDINGS CORPORATION
                     TABLE 17 PATENTS BY MITSUBISHI GAS CHEMICAL COMPANY, INC.
                     TABLE 18 TOP 10 PATENT OWNERS IN US, 2012–2022
 
7 MATTING AGENTS MARKET, BY MATERIAL (Page No. - 85)
    7.1 INTRODUCTION 
          FIGURE 37 SILICA TO BE LARGEST SEGMENT OF MATTING AGENTS MARKET DURING FORECAST PERIOD
          TABLE 19 MATTING AGENTS MARKET, BY MATERIAL, 2017–2021 (USD MILLION)
          TABLE 20 MATTING AGENTS MARKET, BY MATERIAL, 2022–2028 (USD MILLION)
          TABLE 21 MATTING AGENTS MARKET, BY MATERIAL, 2017–2021 (TON)
          TABLE 22 MATTING AGENTS MARKET, BY MATERIAL, 2022–2028 (TON)
    7.2 SILICA 
    7.3 WAXES 
    7.4 THERMOPLASTICS 
    7.5 OTHERS 
 
8 MATTING AGENTS MARKET, BY TECHNOLOGY (Page No. - 89)
    8.1 INTRODUCTION 
          FIGURE 38 WATER-BORNE TECHNOLOGY TO LEAD MARKET DURING FORECAST PERIOD
          TABLE 23 MATTING AGENTS MARKET, BY TECHNOLOGY, 2017–2021 (USD MILLION)
          TABLE 24 MATTING AGENTS MARKET, BY TECHNOLOGY, 2022–2028 (USD MILLION)
          TABLE 25 MATTING AGENTS MARKET, BY TECHNOLOGY, 2017–2021 (TON)
          TABLE 26 MATTING AGENTS MARKET, BY TECHNOLOGY, 2022–2028 (TON)
    8.2 WATER-BORNE 
    8.3 SOLVENT-BORNE 
    8.4 POWDER 
    8.5 RADIATION CURE AND HIGH SOLIDS 
 
9 MATTING AGENTS MARKET, BY APPLICATION (Page No. - 93)
    9.1 INTRODUCTION 
          FIGURE 39 ARCHITECTURAL APPLICATION TO LEAD MATTING AGENTS MARKET DURING FORECAST PERIOD
          TABLE 27 MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
          TABLE 28 MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
          TABLE 29 MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
          TABLE 30 MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
    9.2 INDUSTRIAL COATINGS 
           9.2.1 ADHESION, DURABILITY, AND CHEMICAL RESISTANCE PROPERTIES TO DRIVE MARKET
                    TABLE 31 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY SUB-APPLICATION,  2017–2021 (USD MILLION)
                    TABLE 32 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY SUB-APPLICATION,  2022–2028 (USD MILLION)
                    TABLE 33 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY SUB-APPLICATION,  2017–2021 (TON)
                    TABLE 34 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY SUB-APPLICATION,  2022–2028 (TON)
                    TABLE 35 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 36 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY REGION,  2022–2028 (USD MILLION)
                    TABLE 37 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
                    TABLE 38 INDUSTRIAL COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
           9.2.2 AUTOMOTIVE COATINGS
           9.2.3 CAN AND COIL COATINGS
           9.2.4 GENERAL INDUSTRIAL COATINGS
           9.2.5 OTHER INDUSTRIAL COATINGS
    9.3 ARCHITECTURAL COATINGS 
           9.3.1 GROWING PREFERENCE FOR MATTE FINISH TO FUEL DEMAND
                    TABLE 39 ARCHITECTURAL COATINGS: MATTING AGENTS MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 40 ARCHITECTURAL COATINGS: MATTING AGENTS MARKET, BY REGION,  2022–2028 (USD MILLION)
                    TABLE 41 ARCHITECTURAL COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
                    TABLE 42 ARCHITECTURAL COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
    9.4 LEATHER COATINGS 
           9.4.1 FOCUS ON LUXURY AND PREMIUM LEATHER PRODUCTS TO DRIVE MARKET
                    TABLE 43 LEATHER COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 44 LEATHER COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (USD MILLION)
                    TABLE 45 LEATHER COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
                    TABLE 46 LEATHER COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
    9.5 WOOD COATINGS 
           9.5.1 SUSTAINABILITY, TECHNOLOGICAL ADVANCEMENTS, AND COMPLIANCE WITH REGULATIONS TO FUEL MARKET
                    TABLE 47 WOOD COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 48 WOOD COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (USD MILLION)
                    TABLE 49 WOOD COATINGS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
                    TABLE 50 WOOD COATINGS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
    9.6 PRINTING INKS 
           9.6.1 ADVANCEMENTS IN INK FORMULATIONS TO BOOST MARKET
                    TABLE 51 PRINTING INKS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 52 PRINTING INKS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (USD MILLION)
                    TABLE 53 PRINTING INKS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
                    TABLE 54 PRINTING INKS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
    9.7 OTHER APPLICATIONS 
          TABLE 55 OTHERS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
          TABLE 56 OTHERS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (USD MILLION)
          TABLE 57 OTHERS: MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
          TABLE 58 OTHERS: MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
 
10 MATTING AGENTS MARKET, BY REGION (Page No. - 109)
     10.1 INTRODUCTION 
             FIGURE 40 ASIA PACIFIC TO BE FASTEST-GROWING MATTING AGENTS MARKET DURING FORECAST PERIOD
             TABLE 59 MATTING AGENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
             TABLE 60 MATTING AGENTS MARKET, BY REGION, 2022–2028 (USD MILLION)
             TABLE 61 MATTING AGENTS MARKET, BY REGION, 2017–2021 (TON)
             TABLE 62 MATTING AGENTS MARKET, BY REGION, 2022–2028 (TON)
     10.2 ASIA PACIFIC 
             FIGURE 41 ASIA PACIFIC: MATTING AGENTS MARKET SNAPSHOT
             10.2.1 RECESSION IMPACT
             10.2.2 ASIA PACIFIC: MATTING AGENTS MARKET, BY APPLICATION
                        TABLE 63 ASIA PACIFIC: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                        TABLE 64 ASIA PACIFIC: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                        TABLE 65 ASIA PACIFIC: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                        TABLE 66 ASIA PACIFIC: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.3 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY
                        TABLE 67 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                        TABLE 68 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                        TABLE 69 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (TON)
                        TABLE 70 ASIA PACIFIC: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (TON)
             10.2.4 CHINA
                        10.2.4.1 Rising demand from housing activity to drive market
                                      TABLE 71 CHINA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 72 CHINA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 73 CHINA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 74 CHINA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.5 JAPAN
                        10.2.5.1 Investments in residential and infrastructural sectors to drive market
                                      TABLE 75 JAPAN: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 76 JAPAN: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 77 JAPAN: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 78 JAPAN: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.6 INDIA
                        10.2.6.1 Population growth, rising income levels, and minimal regulatory intervention to propel market
                                      TABLE 79 INDIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 80 INDIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 81 INDIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 82 INDIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.7 SOUTH KOREA
                        10.2.7.1 Increasing requirements for automotive refinishing to drive market
                                      TABLE 83 SOUTH KOREA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 84 SOUTH KOREA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 85 SOUTH KOREA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 86 SOUTH KOREA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.8 INDONESIA
                        10.2.8.1 Strong growth of end-use industries to drive market
                                      TABLE 87 INDONESIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 88 INDONESIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 89 INDONESIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 90 INDONESIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.9 VIETNAM
                        10.2.9.1 Economic development programs in agricultural and infrastructure sectors to drive market
                                      TABLE 91 VIETNAM: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 92 VIETNAM: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 93 VIETNAM: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 94 VIETNAM: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.10 THAILAND
                        10.2.10.1 Global sustainability initiatives to propel market
                                      TABLE 95 THAILAND: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 96 THAILAND: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 97 THAILAND: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 98 THAILAND: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.2.11 MALAYSIA
                        10.2.11.1 Low labor and production costs to drive market
                                      TABLE 99 MALAYSIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 100 MALAYSIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 101 MALAYSIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 102 MALAYSIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
     10.3 NORTH AMERICA 
            FIGURE 42 NORTH AMERICA: MATTING AGENTS MARKET SNAPSHOT
             10.3.1 RECESSION IMPACT
             10.3.2 NORTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION
                        TABLE 103 NORTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
                        TABLE 104 NORTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION,  2022–2028 (USD MILLION)
                        TABLE 105 NORTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                        TABLE 106 NORTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.3.3 NORTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY
                        TABLE 107 NORTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                        TABLE 108 NORTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                        TABLE 109 NORTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (TON)
                        TABLE 110 NORTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (TON)
             10.3.4 US
                        10.3.4.1 Urbanization, growth in construction activities, and high demand from automotive industry to drive market
                                      TABLE 111 US: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 112 US: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 113 US: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 114 US: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.3.5 CANADA
                        10.3.5.1 Increasing construction activities and developed automotive sector to drive market
                                      TABLE 115 CANADA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 116 CANADA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 117 CANADA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 118 CANADA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.3.6 MEXICO
                        10.3.6.1 Construction output and growth in local manufacturing businesses to boost market
                                      TABLE 119 MEXICO: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 120 MEXICO: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 121 MEXICO: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 122 MEXICO: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
     10.4 EUROPE 
             FIGURE 43 EUROPE: MATTING AGENTS MARKET SNAPSHOT
             10.4.1 RECESSION IMPACT
             10.4.2 EUROPE: MATTING AGENTS MARKET, BY APPLICATION
                        TABLE 123 EUROPE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                        TABLE 124 EUROPE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                        TABLE 125 EUROPE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                        TABLE 126 EUROPE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.3 EUROPE: MATTING AGENTS MARKET, BY COUNTRY
                        TABLE 127 EUROPE: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                        TABLE 128 EUROPE: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                        TABLE 129 EUROPE: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (TON)
                        TABLE 130 EUROPE: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (TON)
             10.4.4 GERMANY
                        10.4.4.1 High level of industrialization and automotive production to drive market
                                      TABLE 131 GERMANY: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 132 GERMANY: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 133 GERMANY: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 134 GERMANY: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.5 UK
                        10.4.5.1 Trade agreements and regulations that affect automotive industry to drive market
                                      TABLE 135 UK: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 136 UK: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 137 UK: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 138 UK: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.6 FRANCE
                        10.4.6.1 Residential construction and automotive coatings to drive market
                                      TABLE 139 FRANCE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 140 FRANCE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 141 FRANCE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 142 FRANCE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.7 ITALY
                        10.4.7.1 Foreign direct investments in manufacturing sector to fuel demand for matting agents
                                      TABLE 143 ITALY: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 144 ITALY: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 145 ITALY: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 146 ITALY: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.8 NETHERLANDS
                        10.4.8.1 Low-VOC and water-based systems to boost demand
                                      TABLE 147 NETHERLANDS: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 148 NETHERLANDS: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 149 NETHERLANDS: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 150 NETHERLANDS: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.4.9 SPAIN
                        10.4.9.1 Significant production of paint and other chemicals to drive market
                                      TABLE 151 SPAIN: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 152 SPAIN: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 153 SPAIN: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 154 SPAIN: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
     10.5 MIDDLE EAST & AFRICA 
             10.5.1 RECESSION IMPACT
             10.5.2 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET,  BY APPLICATION
                        TABLE 155 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
                        TABLE 156 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY APPLICATION,  2022–2028 (USD MILLION)
                        TABLE 157 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                        TABLE 158 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.5.3 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY COUNTRY
                        TABLE 159 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
                        TABLE 160 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY COUNTRY,  2022–2028 (USD MILLION)
                        TABLE 161 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (TON)
                        TABLE 162 MIDDLE EAST & AFRICA: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (TON)
             10.5.4 SAUDI ARABIA
                        10.5.4.1 Infrastructural developments to drive market
                                      TABLE 163 SAUDI ARABIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 164 SAUDI ARABIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 165 SAUDI ARABIA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 166 SAUDI ARABIA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.5.5 UAE
                        10.5.5.1 Rising investments in infrastructure to drive market
                                      TABLE 167 UAE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 168 UAE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 169 UAE: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 170 UAE: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.5.6 EGYPT
                        10.5.6.1 Strong demand for decorative paints to drive market
                                      TABLE 171 EGYPT: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 172 EGYPT: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 173 EGYPT: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 174 EGYPT: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
     10.6 SOUTH AMERICA 
             10.6.1 RECESSION IMPACT
             10.6.2 SOUTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION
                        TABLE 175 SOUTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
                        TABLE 176 SOUTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION,  2022–2028 (USD MILLION)
                        TABLE 177 SOUTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                        TABLE 178 SOUTH AMERICA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.6.3 SOUTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY
                        TABLE 179 SOUTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                        TABLE 180 SOUTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                        TABLE 181 SOUTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2017–2021 (TON)
                        TABLE 182 SOUTH AMERICA: MATTING AGENTS MARKET, BY COUNTRY, 2022–2028 (TON)
             10.6.4 BRAZIL
                        10.6.4.1 Rising home ownership and increasing living standards to drive market
                                      TABLE 183 BRAZIL: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 184 BRAZIL: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 185 BRAZIL: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 186 BRAZIL: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
             10.6.5 ARGENTINA
                        10.6.5.1 Increase in public funds offered by government to fuel market
                                      TABLE 187 ARGENTINA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                      TABLE 188 ARGENTINA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (USD MILLION)
                                      TABLE 189 ARGENTINA: MATTING AGENTS MARKET, BY APPLICATION, 2017–2021 (TON)
                                      TABLE 190 ARGENTINA: MATTING AGENTS MARKET, BY APPLICATION, 2022–2028 (TON)
 
11 COMPETITIVE LANDSCAPE (Page No. - 176)
     11.1 INTRODUCTION 
     11.2 KEY PLAYER STRATEGIES 
             TABLE 191 OVERVIEW OF STRATEGIES ADOPTED BY KEY MATTING AGENT MANUFACTURERS
     11.3 RANKING OF KEY MARKET PLAYERS, 2022 
             FIGURE 44 RANKING OF TOP 5 PLAYERS IN MATTING AGENTS MARKET, 2022
     11.4 MARKET SHARE ANALYSIS 
             TABLE 192 MATTING AGENTS MARKET: DEGREE OF COMPETITION
             FIGURE 45 EVONIK INDUSTRIES AG LED MATTING AGENTS MARKET IN 2022
     11.5 REVENUE ANALYSIS OF TOP 5 PLAYERS 
             FIGURE 46 REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS
     11.6 COMPANY EVALUATION MATRIX (TIER 1) 
             11.6.1 STARS
             11.6.2 EMERGING LEADERS
             11.6.3 PERVASIVE PLAYERS
             11.6.4 PARTICIPANTS
                        FIGURE 47 COMPANY EVALUATION MATRIX, 2022
             11.6.5 COMPANY FOOTPRINT
                        FIGURE 48 MATTING AGENTS MARKET: COMPANY FOOTPRINT
                        TABLE 193 MATTING AGENTS MARKET: MATERIAL TYPE FOOTPRINT
                        TABLE 194 MATTING AGENTS MARKET: TECHNOLOGY FOOTPRINT
                        TABLE 195 MATTING AGENTS MARKET: APPLICATION FOOTPRINT
                        TABLE 196 MATTING AGENTS MARKET: COMPANY REGION FOOTPRINT
     11.7 START-UP/SME EVALUATION MATRIX 
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                        FIGURE 49 START-UP/SME EVALUATION MATRIX, 2022
             11.7.5 COMPETITIVE BENCHMARKING
                        TABLE 197 MATTING AGENTS MARKET: DETAILED LIST OF KEY START-UPS/SMES
                        TABLE 198 MATTING AGENTS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     11.8 COMPETITIVE SITUATIONS AND TRENDS 
             11.8.1 PRODUCT LAUNCHES
                        TABLE 199 MATTING AGENTS MARKET: PRODUCT LAUNCHES (2018–2023)
             11.8.2 DEALS
                        TABLE 200 MATTING AGENTS MARKET: DEALS (2018–2023)
             11.8.3 OTHER DEVELOPMENTS
                        TABLE 201 MATTING AGENTS MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS (2018–2023)
 
12 COMPANY PROFILES (Page No. - 193)
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
     12.1 KEY PLAYERS 
             12.1.1 EVONIK INDUSTRIES AG
                        TABLE 202 EVONIK INDUSTRIES AG: COMPANY OVERVIEW
                        FIGURE 50 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
                        TABLE 203 EVONIK INDUSTRIES AG: PRODUCT LAUNCHES
                        TABLE 204 EVONIK INDUSTRIES AG: OTHER DEVELOPMENTS
             12.1.2 PPG INDUSTRIES, INC.
                        TABLE 205 PPG INDUSTRIES, INC.: COMPANY OVERVIEW
                        FIGURE 51 PPG INDUSTRIES, INC.: COMPANY SNAPSHOT
             12.1.3 HUNTSMAN INTERNATIONAL LLC
                        TABLE 206 HUNTSMAN INTERNATIONAL LLC: COMPANY OVERVIEW
                        FIGURE 52 HUNTSMAN INTERNATIONAL LLC: COMPANY SNAPSHOT
             12.1.4 IMERYS S.A.
                        TABLE 207 IMERYS S.A.: COMPANY OVERVIEW
                        FIGURE 53 IMERYS S.A.: COMPANY SNAPSHOT
             12.1.5 W. R. GRACE & CO.-CONN.
                        TABLE 208 W. R. GRACE & CO.-CONN.: COMPANY OVERVIEW
                        TABLE 209 W. R. GRACE & CO.-CONN.: DEALS
                        TABLE 210 W. R. GRACE & CO.-CONN.: PRODUCT LAUNCHES
             12.1.6 J.M. HUBER CORPORATION
                        TABLE 211 J.M. HUBER CORPORATION: COMPANY OVERVIEW
             12.1.7 ALTANA
                        TABLE 212 ALTANA: COMPANY OVERVIEW
                        FIGURE 54 ALTANA: COMPANY SNAPSHOT
                        TABLE 213 ALTANA: PRODUCT LAUNCHES
                        TABLE 214 ALTANA: OTHER DEVELOPMENTS
             12.1.8 AKZONOBEL N.V.
                        TABLE 215 AKZONOBEL N.V.: COMPANY OVERVIEW
                        FIGURE 55 AKZONOBEL N.V.: COMPANY SNAPSHOT
                        TABLE 216 AKZONOBEL N.V.: OTHER DEVELOPMENTS
             12.1.9 ARKEMA S.A.
                        TABLE 217 ARKEMA S.A.: COMPANY OVERVIEW
                        FIGURE 56 ARKEMA S.A.: COMPANY SNAPSHOT
             12.1.10 LUBRIZOL CORPORATION
                        TABLE 218 LUBRIZOL CORPORATION: COMPANY OVERVIEW
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
     12.2 OTHER PLAYERS 
             12.2.1 ALLNEX
                        TABLE 219 ALLNEX: COMPANY OVERVIEW
             12.2.2 PQ CORPORATION
                        TABLE 220 PQ CORPORATION: COMPANY OVERVIEW
             12.2.3 AXALTA COATING SYSTEM
                        TABLE 221 AXALTA COATING SYSTEM: COMPANY OVERVIEW
             12.2.4 MICHELMAN, INC.
                        TABLE 222 MICHELMAN, INC.: COMPANY OVERVIEW
             12.2.5 CHT GERMANY GMBH
                        TABLE 223 CHT GERMANY GMBH: COMPANY OVERVIEW
             12.2.6 HEUBACH COLOUR PVT. LTD.
                        TABLE 224 HEUBACH COLOUR PVT. LTD.: COMPANY OVERVIEW
             12.2.7 VIACOR POLYMER GMBH
                        TABLE 225 VIACOR POLYMER GMBH: COMPANY OVERVIEW
             12.2.8 TOYOBO CO., LTD.
                        TABLE 226 TOYOBO CO., LTD.: COMPANY OVERVIEW
             12.2.9 REMMERS AG
                        TABLE 227 REMMERS AG: COMPANY OVERVIEW
             12.2.10 DOG CHEMIE
                        TABLE 228 DOG CHEMIE: COMPANY OVERVIEW
             12.2.11 THOMAS SWAN CO. & LTD.
                        TABLE 229 THOMAS SWAN CO. & LTD.: COMPANY OVERVIEW
             12.2.12 WATTYL INDUSTRIAL COATINGS
                        TABLE 230 WATTYL INDUSTRIAL COATINGS: COMPANY OVERVIEW
             12.2.13 CHROMA COLOR CORPORATION
                        TABLE 231 CHROMA COLOR CORPORATION: COMPANY OVERVIEW
             12.2.14 DALIAN FUCHANG CHEMICAL GROUP CO., LTD.
                        TABLE 232 DALIAN FUCHANG CHEMICAL GROUP CO., LTD.: COMPANY OVERVIEW
             12.2.15 DEUTERON GMBH
                        TABLE 233 DEUTERON GMBH: COMPANY OVERVIEW
 
13 ADJACENT & RELATED MARKETS (Page No. - 228)
     13.1 INTRODUCTION 
     13.2 LIMITATIONS 
     13.3 COATING ADDITIVES MARKET 
             13.3.1 MARKET DEFINITION
             13.3.2 MARKET OVERVIEW
             13.3.3 COATING ADDITIVES MARKET, BY REGION
                        TABLE 234 COATING ADDITIVES MARKET, BY REGION, 2017–2021 (USD MILLION)
                        TABLE 235 COATING ADDITIVES MARKET, BY REGION, 2022–2028 (USD MILLION)
                        TABLE 236 COATING ADDITIVES MARKET, BY REGION, 2017–2021 (KILOTON)
                        TABLE 237 COATING ADDITIVES MARKET, BY REGION, 2022–2028 (KILOTON)
                        13.3.3.1 Asia Pacific
                                      TABLE 238 ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                                      TABLE 239 ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                                      TABLE 240 ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)
                                      TABLE 241 ASIA PACIFIC: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)
                        13.3.3.2 North America
                                      TABLE 242 NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
                                      TABLE 243 NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION)
                                      TABLE 244 NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)
                                      TABLE 245 NORTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)
                        13.3.3.3 Europe
                                      TABLE 246 EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                                      TABLE 247 EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
                                      TABLE 248 EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)
                                      TABLE 249 EUROPE: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)
                        13.3.3.4 South America
                                      TABLE 250 SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
                                      TABLE 251 SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION)
                                      TABLE 252 SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2017–2021 (KILOTON)
                                      TABLE 253 SOUTH AMERICA: COATING ADDITIVES MARKET, BY COUNTRY, 2022–2028 (KILOTON)
                        13.3.3.5 Middle East & Africa
                                      TABLE 254 MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
                                      TABLE 255 MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (USD MILLION)
                                      TABLE 256 MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2017–2021 (KILOTON)
                                      TABLE 257 MIDDLE EAST & AFRICA: COATING ADDITIVES MARKET, BY COUNTRY,  2022–2028 (KILOTON)
 
14 APPENDIX (Page No. - 241)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

The study involved four major activities in estimating the market size for matting agents. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The Matting agents market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the automotive, medical, electronics, and others. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Breakdown of Primary Participants

Matting Agents Market Size, and Share

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022, available in the public domain, product portfolios, and geographical presence.

Other designations include consultants and sales, marketing, and procurement managers.

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME

DESIGNATION

Evonik Industries AG

Director of Marketing

PPG Industries, Inc.

Manager- Sales & Marketing

Imerys S.A.

Sales Manager

W. R. Grace & Co.-Conn.

Production Manager

Arkema S.A.

Sales Manager

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Matting agents market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Matting agents Market: Bottom-Up Approach

Matting Agents Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Matting agents Market: Top-Down Approach

Matting Agents Market Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the matting agents industry.

Market Definition

According to the American Coatings Association, “matting agents are substances or additives used in coatings, paints, varnishes, and other surface finishes to reduce gloss or shine on a surface. They create a matte or low-gloss appearance by scattering light and reducing light reflection.” The primary function of matting agents is to alter the surface properties of a coating or finish, making it less reflective and more diffuse in terms of light. This effect is achieved by introducing particles or substances into the coating that disrupt the smooth surface, causing light to scatter rather than reflect directly. As a result, the surface appears matte or less shiny.

Key Stakeholders

  • Matting agents manufacturers
  • Matting agents distributors
  • Raw material suppliers
  • Government and research organizations
  • Investment banks and private equity firms
  • Research & development institutions
  • Environment support agencies
  • Investment banks and private equity firms

Report Objectives

  • To define, describe, and forecast the global matting agents market size in terms of volume and value
  • To provide detailed information about the significant drivers, restraints, challenges, and opportunities influencing market growth
  • To estimate and forecast the market size based on material, technology, and application
  • To forecast the size of the market based on five major regions–Asia Pacific, North America, Europe, the Middle East & Africa, and South America, along with their key countries
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders and to provide a competitive landscape of market leaders
  • To analyze recent developments such as agreements, mergers & acquisitions, expansions, and product launches in the market
  • To strategically profile key market players and comprehensively analyze their core competencies2 and market share

Available Customizations

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Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional application type

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Published ON
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