LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global matting agents market 2017-2021 report. This market research report also lists 24 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global matting agents market is fragmented with the presence of both large and small vendors. Considering the market size with a significant demand for the matting agents in various sectors, numerous companies are coming up with innovative ideas to develop new matting agents that have superior performance for different applications. Major vendors are entering the emerging markets either by joint ventures or through M&A. Vendors are focusing on the untapped markets of emerging countries. They are also focusing on product innovation to develop better performance-based products.
“Matting agents have various applications in the architectural, leather, industrial, wood, automotive, cans, coils, and textile coating industries. The demand from various industries is propelling the growth of global matting agents market. Owing to the environment-friendly properties, UV curable formulated matting agents have significant demands in the application industries,” says Mohd Shakeel Iqbal, a lead specialty chemicals research analyst from Technavio.
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Technavio market research analysts identify the following key vendors:
Baltimore Innovations is a specialist in the prevention and removal of moisture damage in applications such as aerospace systems, medical packaging, food processing, and energy transmission networks. Also, it offers high-quality silica gel, molecular sieve, activated alumina, desiccant plastic film solutions, and moisture proof packaging solutions such as barrier foil laminates, pre-formed foil bags, VCI papers, and blister packaging.
Evonik Industries serves the automotive, coatings, electronics, telecommunications, composites, household care optics, petrochemicals, personal care, professional skin care, and printing plastic industries. The company offers high gloss, silk matt, and matt paints. These products are used in various applications such as paints and coatings, printing inks, and plastics. It sells matting agents under the brand name Acematt.
Huntsman International offers a wide range of products to serve major industries like additives, agrochemicals, beauty and personal care, processing chemicals, fibers, paper, pharmaceutical, plastics, water, footwear, composite wood products. The company offers powder coatings and a comprehensive range of matting agents used for epoxy, epoxy-polyester hybrids, and polyester-TGIC powder coating formulations. The products provide desired matting effect, good flow, color stability, and physical and mechanical properties.
PPG Industries is a chemical manufacturing company. The company is engaged in manufacturing and distribution of coatings, specialty materials, and glass products for customers globally. It provides protective and decorative coatings, paints, and glass-related solutions for customers in the consumer goods, industrial, construction, and transportation industries. The company offers wax-treated and non-treated silica flatting and matting agents. These provide lower viscosity, better stir-in capability, improved incorporation times, dispersion stability, and anti-settling behavior in solvent-borne and waterborne coatings.
W. R. Grace
W. R. Grace is a specialty chemical and specialty materials company. Its business is segmented into catalysts technologies and materials technologies. The company offers products and solutions for several industries, including refining, petrochemical, chemical manufacturing applications, coatings, consumer, industrial, and pharmaceutical applications. It offers a vast range of products for different application performance requirements in various coatings industries. The company sells matting agents under the brand name Syloid.
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