Organic Matting Agent Market Overview:
Organic Matting Agents Market aid in the improvement of film surface characteristics. Additionally, improvement in the flow behavior of the solvent can be achieved through the addition of organic matting agents. Addition of organic matting agents offers several properties such as superior exterior durability, high resistance to chemicals, large pore volume, and excellent thermal stability. This will make it suitable for various applications such as leather, wood, automotive, industrial, electronics, printing inks, and architecture.
The global organic matting agents’ market is estimated to expand at a moderate CAGR during the forecast period, as per the report recently published by Market Research Future (MRFR). Some of the factors contributing to the ascension of the market include the rising demand from the upscaling construction sector as well as the expanding wood industry. Further, increasing automotive production and sales in the developed as well as developing economies are anticipated to promote growth in the global organic matting agent market through the forecast period.
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May 2017: Lanxess’s leather business unit announced the launch and addition of a new matting agent, Opti-Matt AD-20, to its product portfolio. The Dow Chemicals Company developed this matting agent.
Some of the prominent players operating in the Global Organic Matting Agent Market are
- Evonik Industries (Germany)
- M. Huber Corporation (U.S.)
- PPG Industries, Inc. (U.S.)
- R. Grace & Co.-Conn. (U.S.)
- ALTANA (Germany)
- Heubach Color (Germany)
- TOYOBO CO., LTD. (Japan)
- BASF SE (Germany)
- Arkema ( France)
- J COLOR CHEMICALS. (China)
- Deuteron GmbH (Germany)
Organic Matting Agents are used to improve film surface characteristics. Moreover, flow behavior of solvent can be improved by the addition of organic matting agents. It offers various properties such as high resistance to chemicals, superior exterior durability, excellent thermal stability, and large pore volume, which make it suitable for numerous application such as automotive, leather, wood, industrial, architectural, and others. Others application include electronics and printing inks.
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In the Latest MRFR Report, The Global Organic Matting Agent Market is segmented by technology, type, application, and region. Based on type, the global organic matting agent market is segmented into waxes and thermoplastics. Based on technology, the global organic matting agent market is segmented into solvent-based, water-based, powder, and UV curing. Based on application, the organic matting agent market is segmented into wood, industrial, automotive, leather, and architectural.
The Global Organic Matting Agent Market is geographically segmented into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these regional segments, the APAC is estimated to garner the fastest growth rate over the conjectured time period due to the rising demand from several applications such as industrial, automotive, as well as, architectural. Owing to the upscaling usage of organic matting agents in the automotive sector, the market is likely to ascend in China, Vietnam, Malaysia, and India, within Asia Pacific. Moreover, a rise in the purchasing power of consumers, ease in the availability of low-cost raw materials & land, and a moderately regulatory framework are also contributing to the mounting growth witnessed by the organic matting agent market in the region.
European countries such as Spain, Russia, the U.K., Germany, and Italy are anticipated to be the leading country-specific markets in the region. This can be attributed to the developed end-use industries and an increasing budget provided to the innovation and research in the organic matting agent domain. North America is expected to garner substantial growth owing to a strong base for several industries along with the mounting investment to revive the leather & electronics industry over the forecast period. The U.S. and Canada are likely to be at the forefront among the country-specific markets in the region and are projected to grow significantly through the review period.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
5 Industry Overview Of Global Organic Matting Agent Market
5.2 Growth Drivers
To Be Continue……
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