Mattifiers Market Size to Reach USD 581.2 Million by 2033, at a CAGR of 5.5%: Fact.MR Analysis

ROCKVILLE, Md., Jan. 16, 2023 (GLOBE NEWSWIRE) — The industry will be worth US$365.3 million in 2023, according to Fact.MR’s latest report on the global matting agent market. Yes, and is projected to grow at a CAGR. 5.5% during the forecast period 2023-2033.

As sales of personal care and skin care products increase, so does the demand for mattifying agents. Consumption of face care and hair care products is increasing worldwide due to growing interest in skin problems. Also, people have become very conscious about their skin and health, buying more face care products and other cosmetic products.

Personal care and cosmetics are the world’s largest markets, and mattifiers are a major part of a wide range of personal care products, helping oil absorption, keeping skin oil-free and reducing the appearance of pores. . Widely used in makeup base, skin care and hair care products. Over the past decades, the growing demand for environmentally friendly products has driven the development of bio-based materials. The demand for bio-based matting agents is increasing worldwide due to their durability and adaptability.

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Key takeaways from market research

• The global matting agent market is projected to grow 1.5 times to reach USD 581 million by 2033.

• The market has witnessed a CAGR of 3.1% from 2018 to 2022.

• By product type, synthetic matting agents dominate the market with a 54.7% share in 2023.

• North America will lead the global market with a share of 24.8% in 2023.

• Demand for matting agents is expected to grow at a CAGR of 4.7% in North America.
  

“The increasing use of personal care products around the world is having a positive impact on the growth of their demand.

Matting agent

,”

A Fact.MR analyst said:

segmentation of

mattifier

industry research

• By product type:
  

• By particle size:
  

• By form:
  

• By application:
  

  • skin care

  • hair care

  • oral care

  • Cosmetics

  • others

• By region:
  

  • North America

  • latin america

  • Europe

  • east asia

  • South Asia and Oceania

  • Middle East and Africa

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market development

The future strategy of market participants in the matting agents market is to focus on the growing demand for eco-friendly, bio-based and natural matting agents.

• In July 2022, BASF launched the rice-derived ingredient Verdessence RiceTouch. With its ability to absorb oil, this agent is ideal for controlling shine and providing a mattifying effect on the skin. Provides a natural alternative to medications.
  

Key Companies Profiled

• BASF SE

• Imerys

• Dow

• Daito Chemical Industry Co., Ltd.

• Evonik

• Predicted chemical substance

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More Valuable Insights Provided

In its new offering, Fact.MR presents historical market data (2018-2022) and forecast statistics for the period 2023-2033 to present an unbiased analysis of the global matting agent market .

In this study, product type (synthetic, natural), particle size (< 25 µm, < 50 µm), form (powder, gel), application (skin care, hair care, oral care, cosmetics, etc.), major regions of the world ( North America, Latin America, Europe, East Asia, South Asia and Oceania, Middle East and Africa).

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