North America Polyester Matting Agent Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.15 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The North American polyester matting agent market is experiencing rapid growth, driven by the increasing demand across various industries such as automotive, construction, and coatings. Polyester matting agents, primarily used in the production of matte or satin finishes in paints and coatings, are becoming more essential as industries move towards achieving high-quality, aesthetically appealing surfaces. The versatility of polyester matting agents, coupled with their ability to offer low gloss levels, has contributed to their widespread adoption in the region.
In the automotive industry, the need for superior matte finishes on vehicles is driving demand for polyester matting agents. Manufacturers are increasingly looking to differentiate their products with a sleek, modern matte appearance, while also enhancing durability and resistance to wear and tear. The versatility of polyester matting agents allows for customization of textures and gloss levels, providing a broad range of solutions for automakers.
Construction and architectural coatings are also major consumers of polyester matting agents. As interior design trends shift towards matte finishes for walls and furniture, the demand for polyester matting agents has surged. This trend is further compounded by the growing focus on sustainability, as these agents contribute to reducing the overall use of high-gloss finishes, which are often associated with higher levels of chemical compounds.
Additionally, the growing emphasis on eco-friendly products and sustainable production processes is shaping the requirement for polyester matting agents. As environmental concerns rise, industries are increasingly opting for agents that offer both functional benefits and lower environmental impact. This is particularly important in sectors such as paints, where the use of water-based and low-VOC products is being prioritized.
Overall, the North American polyester matting agent market is thriving due to the multifaceted demand across key sectors. The ongoing technological advancements in the formulation of these agents are expected to further boost their adoption and usage in the coming years. The North America Polyester Matting Agent Market continues to expand as industries seek more innovative solutions to enhance product performance and aesthetic quality.
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Huntsman
Evonik
W.R. Grace
Imerys Minerals
Banner Chemicals
Luan Jietonda Chemical
Suoshi Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Polyester Matting Agent Market
Coatings
Inks
Others
Based on Types the Market is categorized into Below types that held the largest Polyester Matting Agent market share In 2023.
Gel
Powder
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Polyester Matting Agent Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Polyester Matting Agent Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Polyester Matting Agent Market, By Type
6. North America Polyester Matting Agent Market, By Application
7. North America Polyester Matting Agent Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Polyester Matting Agent Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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