Market Overview
- The Global Matting Agents Market is expected to grow at a CAGR of 5.41 % in the forecast period 2020-2027.
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Market Dynamics
- The growth of the global building and construction industry, increasing global automotive sales, rising global industrialization, and rising demand for matting agents in agricultural applications are the crucial factors that are contributing to the growth of the market.
- Changes in monetary and social conditions set apart by a significant increase in manufacturing and urbanization indicate the growing rate of industrialization among the countries of the world. According to the International Yearbook of Industrial Statistics 2018 released by United Nations Industrial Development Organizations (UNIDO), the world manufacturing value added (MVA) rose by 3.5% in 2017, the highest rate in the last seven years. United Nations Department of economic and social affairs reveals that about 55% of the world's population resides in urban areas and this figure is expected to reach 68% by 2050. These high industrialization rates have propelled the need for the setting up of a greater number of industries which is in turn expected to augment the growth of the matting agent’s market.
- However, high VOC emissions resulting from matting agent applications, varying raw material prices, and lower cure speed are important factors that might impede the growth of the market in the forecast period.
Segmentation Analysis
- Based on the end-user, the market is segmented as Architectural Coatings, Automotive Coatings, Packaging Coatings, Industrial Coatings, Leather Coatings, Printing Coatings, Others (Wood Coatings, Textile coatings).
- The architectural coatings segment is expected to dominate the global matting agents market in the forecast period owing to the growth of the building and construction industry. According to a survey report by the construction intelligence center, the volume of construction industry output grew by 3.1% in 2018 compared to USD 10.6 trillion in 2017. Moreover, according to Oxford Economics, the volume of construction output will grow by 85% at a global level in 2030. Furthermore, according to a survey report published by the Urban Land Institute, acquisitions of income-producing commercial real estate increased by 3 percent to USD 963.7 billion in 2018, the third-highest annual total on record after 2007 and 2015. The investments in the commercial real estate sector increased by 19% and the investments in the Asia Pacific increased by 2% compared to its 2017 record volume. Increasing infrastructural investments and growing building and construction industries have spurred the demand for architectural coatings using matting agents which is expected to create huge market opportunities in the foreseeable future.
Geographical Analysis
- The Global Matting Agents Market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
- The Asia Pacific region is expected to dominate the global Matting Agents market in the forecast period owing to the high urbanization and industrialization rates, well-established markets, and rapid growth of the building and construction industries in countries such as India, China, and Japan.
- According to the National Bureau of Statistics, China, the number of construction enterprises in China increased from 75722 in 2016 to 81196 in 2017. The gross output value of China's construction industry increased from USD 23 billion in 2016 to USD 26 billion in 2017. Similarly, according to the India Brand Equity Foundation, industrial investments in India's real estate in 2018 reached USD 5.5 billion, the highest in a decade. The real estate industry in India is expected to reach a market size of USD 1 trillion in 2030 from USD 120 billion in 2017 contributing 25% of the country's GDP by 2025.
- According to the International Organization of motor vehicles manufacturers (OICA), out of the 96.8 million vehicles sold globally, more than 48 million cars were sold in the Asia Pacific region with China alone accounting for more than 29 million car sales followed by 5.2 million in Japan and 4 million in India. The number of cars sold in the Asia Pacific region in 2016 was 4.69 million compared to 4.34 million in 2015. Owing to these reasons, the Asia Pacific region is anticipated to dominate the global matting agent’s market in the future.
Competitive Landscape
- New product launches, expansion of facilities, mergers, and acquisitions and strategic partnerships are vital strategies adopted by most of the companies to contribute to the growth of the company and improve their market growth rate.
- In July 2018, Evonik Industries has announced that its Turkish facility in Adapazari will increase its production capacity of precipitated silica by 40,000t to meet growing demand from the vehicle tire industry.
- In September 2017, Evonik Industries acquired JM Huber’s silica business to offer its customers, a wide range of product portfolio. This enables Evonik to expand its position in North America and Asia in the profitable and resilient silica business.
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Global Matting Agents Market is anticipated to reach USD 1.05 billion by 2025.
A matting agent implies an additive that helps to give matte finishing to the substrates.
On the other hand, there are factors that may hamper the growth of the market including higher film shrinkage time and emission of high VOC in solvent-based technology.
The industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.Download Sample Report @ https://www.millioninsights.com/industry-reports/matting-agent-market/request-sampleAdvances in the coatings industry have led to the surge in the applications of soft touch coatings in consumer electronics, automotive, and packaging industry.
Owing to this, numerous matting agents are being established in order to surge stain resistance characteristics of soft touch coatings.
Furthermore, novel matting agents for radiation curing coatings are anticipated to be proposed in the market in the forecast period.Matting Agents industry may be explored by product type, application, formulations and geography.
The Global Matting Agents Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type, technology and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Browse the complete Global Matting Agents Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/31989-matting-agents-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:Evonik IndustriesPPG IndustriesHuntsman CorporationImerys Minerals Ltd.W.R.
M. Huber CorporationBYK Additives & InstrumentsAkzonobelArkemaLubrizolA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Type:WaxThermoplasticsSilicaOthersBy Technology:Water-BasedSolvent-BasedPowder CoatingsRadiation Cure & High SolidsBy Applications:IndustrialArchitecturalLeatherWoodPrinting InksOthersBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Matting Agents Market @ https://www.decisiondatabases.com/contact/download-sample-31989The Global Matting Agents Market has been exhibited in detail in the following chapters –Chapter 1 Matting Agents Market PrefaceChapter 2 Executive SummaryChapter 3 Matting Agents Industry AnalysisChapter 4 Matting Agents Market Value Chain AnalysisChapter 5 Matting Agents Market Analysis By TypeChapter 6 Matting Agents Market Analysis By TechnologyChapter 7 Matting Agents Market Analysis By ApplicationsChapter 8 Matting Agents Market Analysis By GeographyChapter 9 Competitive Landscape Of Matting Agents CompaniesChapter 10 Company Profiles Of Matting Agents IndustryPurchase the complete Global Matting Agents Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-31989Other Reports by DecisionDatabases.com:Global Foam Blowing Agents Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025Global Drag Reducing Agent Market Research Report – Industry Analysis, Size, Share, Growth, Trends And Forecast till 2025Global Anti-Static Agents Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
The Matting Agents Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the matting agents market include Akzonobel, Arkema, BYK Additives & Instruments, Evonik Industries, Huntsman Corporation, Imerys Minerals Ltd., J. M. Huber Corporation, Lubrizol, PPG Industries and W.R. Grace and Company.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Matting Agents Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/matting-agents-market/download-sampleMarket DynamicsThe numerous applications in the coatings industry to improve durable, scratch-proof finish and color stability is primarily driving the market growth.
The rising demand for protective coatings to prevent environmental contaminants is again accelerating market growth.
The increasing application of matting agents in paint and coating and agriculture industry is further contributing to market growth.
In this report, our team offers a comprehensive analysis of Matting Agents market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-matting-agents-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering • Evonik Industries• Huntsman International• Baltimore Innovations• W. R. Grace & Co.• Imerys• PPG• PQ Corporation• Huber Engineered Materials• Shouguang Baote Chemical And Industrial• Thomas Swan & Co. Ltd.• Deuteron GmbH• Luan Jietonda Chemical On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into • Organic Matting Agents• Inorganic Matting Agents By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into • Industrial Coatings• Wood Coatings• Leather Coatings• Architectural Coatings• Others By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like • China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-matting-agents-market-2020-2026 Table of Contents Global Matting Agents Market Professional Survey Report 2019 1 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Organic Matting Agents1.3.2 Inorganic Matting Agents1.4 Application Overview1.4.1 Industrial Coatings1.4.2 Wood Coatings1.4.3 Leather Coatings1.4.4 Architectural Coatings1.4.5 Others1.5 Industrial Chain1.5.1 Matting Agents Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Organic Matting Agents2.1.2 Inorganic Matting Agents2.2 The Overall Market Performance(Value)2.2.1 Organic Matting Agents2.2.2 Inorganic Matting Agents 3 Global Matting Agents Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Industrial Coatings3.3 Wood Coatings3.4 Leather Coatings3.5 Architectural Coatings3.6 Others 4 Competitive Analysis4.1 Evonik Industries4.1.1 Evonik Industries Profiles4.1.2 Evonik Industries Product Information4.1.3 Evonik Industries Matting Agents Business Performance4.1.4 SWOT Analysis4.2 Huntsman International4.2.1 Huntsman International Profiles4.2.2 Huntsman International Product Information4.2.3 Huntsman International Matting Agents Business Performance4.2.4 SWOT Analysis4.3 Baltimore Innovations4.3.1 Baltimore Innovations Profiles4.3.2 Baltimore Innovations Product Information4.3.3 Baltimore Innovations Matting Agents Business Performance4.3.4 SWOT Analysis Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/chemicals-and-materials About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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Latest research on Global Fiber Matting Agents Market report covers forecast and analysis on a worldwide, regional and country level.
The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million).
The entire study covers the key drivers and restraints for the Fiber Matting Agents market.
this report included a special section on the Impact of COVID19.
Also, Fiber Matting Agents Market (By major Key Players, By Types, By Applications, and Leading Regions) Segments outlook, Business assessment, Competition scenario and Trends .The report also gives 360-degree overview of the competitive landscape of the industries.Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.
Players can use this study to explore untapped Fiber Matting Agents markets to extend their reach and create sales opportunities.Some of the key manufacturers operating in this market include: Evonik Industries, PPG Industries, Huntsman, IMERYS Minerals, W.R. Grace, JM Huber, BYK Additives & Instruments, Arkema, AkzoNobel, Lubrizol and More...Download Free PDF Sample Copy of the Report(with covid 19 Impact Analysis): https://www.globmarketreports.com/request-sample/106692Our Research Analyst implemented a Free PDF Sample Report copy as per your Research Requirement, also including impact analysis of COVID-19 on Fiber Matting Agents Market SizeFiber Matting Agents market competitive landscape offers data information and details by companies.
