The global demand for Coating Flatting Agent Market is presumed to reach the market size of nearly USD 16.03 MN by 2028 from USD 10.8 MN in 2021 with a CAGR of 5.8% under the study period 2022 - 2028.
Coating flatting agents, also known as matting agents, reduce the glossy effect of lacquers, varnishes, paints, and other finishing paints and coatings. They limit the gloss while improving properties such as scratch resistance. Coating flatting agents have specific particle size distribution for diffusing the light in the particular pattern from the paint film. They enable a smooth and deep matting effect. Further, these agents are also used in various paints & coatings applications such as wood, coil, and architectural coatings.
Market Dynamics
Major factors propelling the coating flatting agents market include substantial growth in the paints & coatings and inks industries. An increase in concern for aesthetics; and growth in usage of decorative paints are projected to create a positive impact on the global flatting agents market. Further, a significant rise in consumption of decorative paints, largely used in commercial and residential applications, is also expected to propel the market shortly. Additionally, factors such as properties of flatting agents such as scratch, stability, finish, smoothness, rheology and resistance are estimated to augment the demand for flatting agents in various applications during the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of coating flatting agent. The growth and trends of coating flatting agent industry provide a holistic approach to this study.
Market Segmentation
This section of the coating flatting agent market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Organic Flatting Agent
- Inorganic Flatting Agent
By Application
- Industrial Coatings
- Wood Coatings
- Leather Coatings
- Architectural Coatings
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Coating Flatting Agent market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Coating Flatting Agent Market Share by Region (Representative Graph)
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 coating flatting agent market include Evonik Industries, Huntsman International, Baltimore Innovations, W. R. Grace and Co., Imerys, PPG. This section consists of 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.
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