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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Silica Based Matting Agents Market: By Type, By Technology ), By Application and Geography
Silica Based Matting Agents Market: By Type, By Technology ), By Application and Geography
Study Period
2024-2030Base Year
2023CAGR
X%Largest Market
APACFastest Growing Market
Europe
In the modern technology, the matting of pigmented coatings is largely used in order to decrease the gloss. The low-gloss coatings are popular when used for aesthetic and functional purposes. A surface with lower gloss hides surface imperfections in a way that is superior to the hiding provided by a higher gloss one. The application of a low-gloss coating might, therefore, be easier to achieve than that of a glossy one and be more cost effective. This is one of the reasons why matt finishes are produced. Silica-based matting agents are being used in various industries which include industrial coatings, wood coatings, architectural coatings, automotive coatings, and others.
Asia Pacific accounted for larger revenue share in global silica based matting agents market with considerable CAGR. The growth in this region is due to presence of a huge paints & coatings industry in the region. Growing preference for matte finish among consumers and increasing disposable income are some other factors responsible for market growth. Also, India is projected to register high growth owing to shifting of manufacturing plants of end user industries, such as marine, furniture and automotive to these countries. In addition, Europe held considerable market share during estimated period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
X% |
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By Type |
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By Technology |
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By Application |
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The silica based matting agents market size was valued at US$ x million in 2022
Increasing Demand for Matting Agents for Architectural Coatings
Europe is the fastest-growing for silica based matting agents market
16. Key Assumptions and Acronyms
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.