Matting Agents Market Size To Reach $1.36 Billion By 2030

Matting Agents Market Growth & Trends

The global matting agents market size is anticipated to reach USD 1.36 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.2% from 2024 to 2030. The growth of global paints and coatings industry coupled with its usage in industrial and architectural applications is expected to fuel the market growth over the forecast period.

Matting agents alter the surface properties of an application, resulting in diffusion of incident light. These phenomena result in gloss reduction thus causing matting effect. They are available in various forms such as powders, dispersions, compounds and blends thus facilitating their easy usage.

The additives impart an authentic look to the surface. Furthermore, they can exhibit properties such as scratch, weathering, and water resistance to the coatings. Such inherent advantages are expected to result in market growth globally. Strong demand for industrial applications in emerging countries such as China and India is expected to benefit the overall market growth.

Silica-based products occupied a major market share in 2015. Companies have developed products which can be used in conjunction with organic type such as waxes, to enhance the product performance. Major market participants are maintaining modern laboratories to carry out R&D activities for product development. Also, efforts are being taken by companies in the development of technical partnerships with its customers.

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Matting Agents Market Report Highlights

• Inorganic products dominated the market with a share of 66.0% in 2023. Inorganic matting agents, such as silica, talc, and calcium carbonate, demonstrate exceptional stability and performance under various environmental conditions. 

• The waterborne segment led the market with a revenue share of 53.0% in 2023. Waterborne formulations offer a safer and more efficient application process compared to solvent-based systems. 

• Architectural applications of matting agents dominated the market with a revenue share of 40.8% in 2023. 

• North America matting agents market is expected to register the second-fastest CAGR of 6.3% in the forecast period.

Matting Agents Market Segmentation

Grand View Research has segmented the global matting agents market report based on product, formulation, application, and region:

Matting Agents Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Organic

• Inorganic

Matting Agents Formulation Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Waterborne

• Solventborne

• Powder

• UV/EB

• Others

Matting Agents Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Industrial coatings

• wood coatings

• Leather coatings

• Architectural

• Others

Matting Agents Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

List Of Key Players in the Matting Agents Market

• Evonik

• Baltimore Innovations Ltd.

• W. R. Grace & Co.-Conn.

• Imerys

• PQ Corporation

• Huber Engineered Materials

• Huntsman International LLC

• Deuteron GmbH

• Lu’An Jietonda New Material Co.,Ltd.

• Thomas Swan & Co. Ltd.

• PPG Industries, Inc.