Global Matting Agents Market to Reach $604.8 Million by 2027
Amid the COVID-19 crisis, the global market for Matting Agents estimated at US$493.7 Million in the year 2020, is projected to reach a revised size of US$604.8 Million by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027. Water-Based, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$300.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solvent-Based segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $133.4 Million, While China is Forecast to Grow at 5.5% CAGR
The Matting Agents market in the U.S. is estimated at US$133.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$123.6 Million by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.
Powder Segment to Record 2.2% CAGR
In the global Powder segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$22.2 Million in the year 2020 will reach a projected size of US$25.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$83.4 Million by the year 2027, while Latin America will expand at a 3% CAGR through the analysis period.
Select Competitors (Total 47 Featured):
Amid the COVID-19 crisis, the global market for Matting Agents estimated at US$493.7 Million in the year 2020, is projected to reach a revised size of US$604.8 Million by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027. Water-Based, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$300.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solvent-Based segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $133.4 Million, While China is Forecast to Grow at 5.5% CAGR
The Matting Agents market in the U.S. is estimated at US$133.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$123.6 Million by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.
Powder Segment to Record 2.2% CAGR
In the global Powder segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$22.2 Million in the year 2020 will reach a projected size of US$25.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$83.4 Million by the year 2027, while Latin America will expand at a 3% CAGR through the analysis period.
Select Competitors (Total 47 Featured):
- Akzo Nobel NV
- Allnex
- Arkema Group
- Axalta Coating Systems LLC
- Byk Additives & Instruments
- Dalian Fuchang Chemical Group Co., Ltd.
- Deuteron GmbH
- DOG Deutsche Oelfabrik Gesellschaft fur chemische Erzeugnisse mbH & Co. KG
- Evonik Industries AG
- Heubach Colour Pvt., Ltd.
- Huntsman International LLC
- Imerys Minerals Ltd.
- J Color Chemicals
- J. M. Huber Corporation
- Michelman, Inc.
- PPG Industries, Inc.
- PQ Corporation
- Quantum Silicones LLC
- Remmers AG
- The Lubrizol Corporation
- Thomas Swan & Co., Ltd.
- Toyobo Co., Ltd.
- Viacor Polymer GmbH
- W. R. Grace & Co.
- Wattyl Protective Coatings
Frequently Asked Questions about the Global Market for Matting Agents
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| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 493.7 Million |
| Forecasted Market Value ( USD ) by 2027 | $ 604.8 Million |
| Compound Annual Growth Rate | 2.9% |
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
III. MARKET ANALYSIS
IV. COMPETITION
