Organic Matting Agent Market top players Strategic Analysis, Dynamics Market and growth forecast to 2023


Posted January 17, 2019 by nikhilkhadilkar

Global Organic Matting Agent Market Information: by Type (Waxes, Thermoplastic, and Others), by Technology, by Application (Automotive, Wood, Industrial, Architectural, Leather, and Others), and by Region- Forecast till 2023
 
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.

The Global Organic Matting Agent Market is estimated to grow at a moderate CAGR during the review period. Rising demand from the expanding constructions sector as well as growing wood industry is estimated to fuel the demand for Global Organic Matting Agent Market. Moreover, rising automotive production and sales in developed and developing industry is expected to propel the growth of the market over the forecast period. Some other factors and trends identified in the Global Organic Matting Agent Market include continuous growth of leather coating, increasing demand for architectural coatings, and favorable government regulations. Moreover, continuous growth in paints & coatings industry along with the demand for customized matting agents are contributing to the growth of the market. However, stringent regulation implemented on solvent based products, which possess high VOC content is expected to hinder the growth of the market over the forecast period.

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Key Players and Competition Analysis

Some of the prominent players operating in the Global Organic Matting Agent Market are Evonik Industries (Germany), J.M. Huber Corporation (U.S.), PPG Industries, Inc. (U.S.), W. 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).

Segmentation Analysis

The Global Organic Matting Agent Market is segmented on the basis of type, technology, application, and region. On the basis of type, the market is classified into waxes, thermoplastic, and others. On the basis of technology, the organic matting agent is categorized into solvent based, water based, UV curing, and powder. On the basis of application, the market is segmented into automotive, wood, industrial, architectural, leather, and others. On the basis of regions, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis

Geographically, the Organic Matting Agent Market is segmented into five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is expected to grow at the fastest CAGR over the forecast period owing to increasing demand from various applications such as architectural, industrial, and automotive. The demand for Organic Matting Agent is estimated to surge in various countries of Asia Pacific such as China, India, Vietnam, and, Malaysia due to increasing usage in automotive sector. Furthermore, rising purchasing power, ease in availability of low cost raw material & land, and moderately regulatory framework are some other prominent factors for the regional Organic Matting Agent Market growth over the forecast period 2017-2023.

Asia Pacific emerged as the largest market for the Organic Matting Agent followed by Europe and North America in 2016. European countries such as Russia, Spain, the U.K, Italy, and Germany are expected to be the prominent consumer markets due to the developed end use industries and rising expenditure on innovation and research. North America is estimated to witness a significant growth in the organic matting agent market due to the strong base for various industries along with the rising investment to revitalize leather & electronics industry over the forecast period. The U.S and Canada in North America region are among the prominent contributors to Organic Matting Agent Market growth and are predicted to register a significant demand for the market over the assessment period 2017 to 2023.

Browse the market data and information spread across 136 pages with 47 data tables and 13 figures of the report “Organic Matting Agent Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/organic-matting-agent-market-4391

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Categories Architecture , Automotive , Business
Tags global organic matting agent market , organic matting agent market , organic matting agent market forecast , organic matting agent market future growth , organic matting agent market share , organic matting agent market size , organic matting agent market trends
Last Updated January 17, 2019