The global silica based matting agents market size was valued at USD X billion in 2021 and is poised to grow at a significant CAGR of X% during the forecast period 2022-28. Matting agents are additives that are put into varnishes and paints to give the substrate a matte look. If used with paints and varnishes, mattifying chemicals deflect incoming light, giving the desired surface a matte appearance. Furthermore, the stronger the matting effect, the higher the matting agent dosage in the paint. Depending on particle properties and chemical content, a variety of matting agents are accessible on the market. When opposed to matting agents with greater particle sizes, matting agents with smaller particle sizes usually have a reduced matting effect. Waxes, silica, and organic substances are commonly used as matting agents. The silica gel procedure or the hydrothermal technique are both used to make silica-based matting agents.
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On the strength of increasing product use as pigment extenders, the market for silica-based matting agents is expected to rise steadily. Furthermore, the building industry has grown significantly over time. The expansion of the silica-based matting agents’ market is expected to be aided by this feature. These matting agents are commonly used to change the texture of paints in industrial coatings. They help to improve the appearance of the coating by creating a smoother, less reflecting, and opaquer surface. The benefits of silica-based matting agents could be one of the main causes for the global market's expansion. Many industry operators in numerous areas favour environmentally friendly products and materials. Many individuals are choosing to utilise eco-friendly products as their awareness of the environmental conservation and the adverse impacts of global warming on the world grows. The water-based silica-based matting agent is by far the most environmentally benign of all the varieties of silica based matting agents, emitting the fewest VOCs. As a result, the increased use of water-based silica based matting agent is expected to contribute to the global market's promising rise.
The global silica based matting agents market segmentation:
- By Type: Flux-calcined Diatomaceous Earth, Fumed Silica, Natural Silica, Perlite, Precipitated Silica and Silica Gel
- By Technology: Solvent-based, Water-based and Others (Powder and UV-cured)
- By Application: Industrial, Architectural Coatings, Leather Coatings, Wood Coatings and Others
The region with the largest market share is Asia-Pacific. Because of the marketplaces in India and China, this is the case. Because of the numerous development projects in these emerging countries, the market is extremely fruitful. Despite various highs and lows in the real estate market, construction continues to account for a considerable portion of the country's GDP.
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There are several industry players working in the Silica Based Matting Agents Market, which include Akzo Nobel, Deuteron Gmbh, Evonik Industries, Huntsman International LLC, Imerys, Minchelman Inc., PPG Industries, PQ Corporation, The Lubrizol corporation, R. Grace
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