Matting Agents Market to Hit USD 898.53 Million by 2032,

From GlobeNewswire: 2025-05-06 09:30:00

The Matting Agents Market is projected to reach USD 898.53 million by 2032, with a CAGR of 5.06% from 2024. Demand is driven by industries like automotive, architecture, and coatings seeking high-quality matte finishes. The US market was valued at USD 63.96 million in 2023, with stringent environmental regulations promoting the use of sustainable products like waterborne coatings containing matting agents.
The market is dominated by key players like Akzo Nobel, BASF, and Evonik. Inorganic matting agents held a 69.5% market share in 2023, with silica-based agents leading at 58%. Waterborne coatings accounted for 54.5% market share, with architectural coatings being the largest segment at 30.8%. Asia Pacific held the largest market share at 47.5% in 2023, driven by rapid industrialization and demand for coatings.
Recent developments include Huntsman International LLC’s new innovation center in Belgium and Evonik’s introduction of innovative defoamers for waterborne coatings. The market report covers market segmentation by nature, material, technology, and application, along with regional analysis and company profiles. SNS Insider is a leading market research agency providing accurate market data and insights for confident decision-making.



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