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Real Estate News Releases
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(EstateNewsWire.com, October 11, 2019 ) Market Overview:
In May 2019, Under agreement with Guangzhou Human Chemicals Company, specializing in R&D, production, and sales of functional chemicals and optical film products, DV Pacific Trading Company will establish and develop new distribution and sales channels for their SORPALU line of SPL-110 Alumina ink absorbing agent, and ADDIVANCE series matting powder products for the US marketplace.
Market Dynamics:
The growth of the global building and construction industry, increasing global automotive sales, rising global industrialization and rising demand for matting agents in agricultural applications are the crucial factors which are contributing to the growth of the market.
Change in monetary and social conditions set apart by a significant increase in manufacturing and urbanization indicate the growing rate of industrialization among the countries of the world.
However, high VOC emissions resulting from matting agent applications, varying raw material prices and lower cure speed are important factors which might impede the growth of the market in the forecast period.
Market Segmentation:
Based on the end user, the market is segmented as Architectural Coatings, Automotive Coatings, Packaging Coatings, Industrial Coatings, Leather Coatings, Printing Coatings, Others (Wood Coatings, Textile coatings).
The architectural coatings segment is expected to dominate the global matting agents market in the forecast period owing to the growth of the building and construction industry. According to a survey report by the construction intelligence center, the volume of construction industry output grew by 3.1% in 2018 compared to USD 10.6 trillion in 2017.
Geographical Analysis:
The Global Matting Agents Market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa.
The Asia Pacific region is expected to dominate the global Matting Agents market in the forecast period owing to the high urbanization and industrialization rates, well established markets and rapid growth of the building and construction industries in countries such as India, China and Japan.
Competitive Analysis:
New product launches, expansion of facilities, mergers and acquisitions and strategic partnerships are vital strategies adopted by most of the companies to contribute to the growth of the company and improve their market growth rate.
In July 2018, Evonik Industries has announced that its Turkish facility in Adapazari will increase its production capacity of precipitated silica by 40,000t to meet growing demand from the vehicle tyre industry.
View full report: https://www.datamintelligence.com/research-report/matting-agents-market
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Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
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