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Global Silica based Matting Agents Market Research Report 2024(Status and Outlook)

Global Silica based Matting Agents Market Research Report 2024(Status and Outlook)

  • Published on : 22 October 2024
  • Pages :113
  • Report Code:SMR-8013966

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Report overview

The global Silica based Matting Agents market size was valued at US$ 587.3 million in 2024 and is projected to reach US$ 798.6 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.

The United States Silica based Matting Agents market size was valued at US$ 145.6 million in 2024 and is projected to reach US$ 191.3 million by 2030, at a CAGR of 4.7% during the forecast period 2024-2030.

Silica based matting agents are fine particles of silica used in paints, coatings, and inks to reduce gloss and create a matte finish, improving aesthetics and functional properties of surfaces.

The global Silica based Matting Agents market is experiencing steady growth, driven by increasing demand for low-gloss finishes in various industries, growing preference for eco-friendly matting solutions, and advancements in silica particle engineering. In 2023, total production reached 280,000 metric tons, with Asia-Pacific and Europe accounting for 70% of global demand. The paints and coatings industry remains the largest end-user at 65%, followed by printing inks at 20%. Precipitated silica dominates with a 55% market share, while fumed silica is growing at 6% annually due to its superior performance in certain applications.

The market saw a 10% increase in demand for ultra-fine silica particles (<1 m) in 2023, reflecting the trend towards smoother matte finishes. Use in UV-curable coatings grew by 15%, driven by the rapid growth of this coating technology. The shift towards water-based systems led to a 12% rise in adoption of hydrophilic silica matting agents. R&D investments in surface-modified silica particles increased by 20% in 2023, focusing on improving dispersion and compatibility with various resin systems.

The market faces challenges from alternative matting technologies, with a 2% increase in market share observed for organic matting agents in some applications. Advancements in production processes improved particle size distribution control by 8% year-over-year, enhancing consistency in matting performance.

Report Overview

Matting agents help control the gloss of the surface on which they are applied. These agents are fine particles that are dispersed in paint and coating formulations in such a way that they scatter the light falling on the surface in a desired, defined manner.

This report provides a deep insight into the global Silica based Matting Agents market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Silica based Matting Agents Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Silica based Matting Agents market in any manner.

Global Silica based Matting Agents Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • Evonik Industries
  • W.R. Grace
  • PPG Industries
  • PQ Corporation
  • The Lubrizol
  • Imerys
  • Akzo Nobel
Market Segmentation (by Type)
  • Precipitated Silica
  • Fumed Silica
  • Natural Silica
  • Other
Market Segmentation (by Application)
  • Industrial Coatings
  • Wood Coatings
  • Architectural Coatings
  • Other
Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Silica based Matting Agents Market
  • Overview of the regional outlook of the Silica based Matting Agents Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter.