Albany, NY -- (SBWIRE) -- 04/10/2018 -- A fresh, insightful study titled "Matting Agents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025" has been publicized to the wide repository of Market Research Hub (MRH). The research offers wide analysis of the current market trends and future estimations in the market. Moreover, the report covers market dynamics including drivers, restraints, opportunities, and trends expected to influence the global matting agents market growth during the said period. With an extensive forecast period of 2017-2025, the study analyzes market size based on volume (in tons) and revenue (US$ Mn), considering 2016 as the base year.
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Initially, the research covers the market overview of matting agents along with product introduction and industry developments that have taken place in the recent past. It has been analyzed that Matting agents are specialized fine particles which when added to paints and coatings, help control the gloss of the surface to which it is applied. It provides the surface with a matt finish while maintaining the soft feel of the surface. One of the majorly used matting agents are Silica matting agents. The other types of matting agents include thermoplastic and wax-based matting agents, the market for which is currently at an introductory stage. According to the research key evaluations, the global matting agents market was valued at US$ 540 Mn in 2016 and is predicted to record a CAGR of over 5% from 2017 to 2025.
It has been also analyzed that matting agent also improve slip, mar resistance, and surface properties of the material on which they are applied. Therefore, the demand has been increasing in industrial and architectural coatings. The changing customer preference towards matt finish and the expansion of end-user industries such as automotive and construction are anticipated to fuel the demand for matting agents in various coatings formulations. Some of the prime applications of matting agents include leather coatings and wood coatings. Increasing demand for wood and coil coatings are also motivating the demand for matting agents.
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Furthermore, the geographical segmentation is also encompassed in the report which analyzes the scope of the market in different regions including North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa. Of these, the report finds that Asia-Pacific excluding Japan (APEJ) region will amass highest revenues in the global matting agents market.
This report also highlights an important section which covers detailed competitive landscape by profiling major market leaders. At present, Key players in the Matting agents market are W.R. Grace & Co.-Conn., Imerys Group, Akzo Nobel N.V., Evonik Industries Inc., PPG Industries Inc., Arkema Group, Huntsman International LLC etc.
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