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| Market size in 2024 | US$ 587.3 million |
Forecast Market size by 2030 | US$ 798.6 million |
|---|---|---|---|
| Growth Rate | CAGR of 5.2% | Number of Pages | 113 Pages |
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
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Silica based Matting Agents Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 587.3 million |
| Forecast Market size by 2030 | US$ 798.6 million |
| Growth Rate | CAGR of 5.2% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 113 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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