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Matting Agents Market Size

  • Report ID: GMI7412
  • Published Date: Dec 2024
  • Report Format: PDF

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Matting Agents Market Size

The global matting agents market held a size of USD 440.4 million in 2024 and is projected to expand to over 4.8% CAGR from 2025 to 2034. Matting agents are additives incorporated into coatings, paints, and inks to reduce surface gloss and create matte finishes. These materials consist of fine particles that scatter light to produce uniform, non-reflective surfaces. According to the U.S. Environmental Protection Agency (EPA), the architectural coatings sector, a major consumer of matting agents, has shown a 25% reduction in VOC emissions between 2008 and 2021, indicating a shift toward eco-friendly formulations.

 

Matting Agents Market

 The European Commission reports that the automotive refinish sector, another significant user of matting agents, has achieved a 40% decrease in VOC emissions from 2010 to 2022 through the adoption of low-VOC coatings. The market for matting agents continues to expand due to increasing applications in automotive, architectural, and industrial coatings, where matte finishes serve both aesthetic and functional purposes. The development of environmentally friendly and high-performance matting agents presents significant market opportunities, particularly as the U.S. Department of Energy notes a 35% increase in sustainable coating technologies adoption from 2015 to 2022. The industry shows a growing focus on incorporating these materials in sustainable formulations, particularly in low-VOC coatings that align with environmental regulations.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for matting agents was valued at USD 440.4 million in 2024 and is projected to reach USD 704.1 million by 2034, driven by a CAGR of over 4.8% during the forecast period.

The inorganic segment accounted for over USD 276.8 million in 2024 and is expected to grow at a CAGR exceeding 5% through 2034, driven by its superior durability, heat resistance, and cost-effectiveness.

The China market was valued at USD 103.2 million in 2024 and is expected to grow at a CAGR of 4.5% from 2025 to 2034, driven by the expanding automotive, coatings, and construction industries.

Major players in the industry include Akzo Nobel N.V., ALTANA, Arkema Group, BASF SE, Deuteron GmbH, Eastman Chemical Company, Evonik Industries AG, Huntsman International LLC, Imerys S.A., J.M. Huber Corporation, Lubrizol Corporation, PPG Industries, Inc., Solvay S.A., and W. R. Grace & Co.-Conn.

Matting Agents Market Scope

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  • Base Year: 2024
  • Companies covered: 14
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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