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Global Water-Based Matte Paint Market Research Report 2025
Synopsis
Waterborne matt paint is a special type of paint, whose main component is Waterborne resins. Compared with traditional solvent coatings, water-based matt paint uses water as diluent, which makes it produce less Volatile organic compound (VOCs) during construction and cleaning. The characteristic of this paint is that it produces a matte or semi matte surface effect. Compared to high gloss coatings, it does not reflect light, making the surface appear softer and opaque. Waterborne matte paint is widely used in fields such as indoor walls, furniture, wood products, and decorative engineering. Its advantages include: environmental friendliness: due to the presence of water-based components, water-based matte paint releases lower VOCs, which helps reduce air pollution and indoor concentration of harmful substances. Applicability: It can be used for various materials, such as wood, gypsum board, metal, etc., making it a universal indoor coating. Easy to clean: Compared to oily paint, water-based matte paint uses water for cleaning, simplifying the cleaning and maintenance process. Low odor: the smell of water-based matt paint is lighter during construction, making the indoor environment more comfortable. It should be noted that although water-based matte paint has many advantages, in some cases, its durability and stain resistance may not be as good as traditional oil-based paint, especially in areas with high flow rates and high pollution. Therefore, when choosing coatings, decisions should be made based on specific application scenarios and needs.
Global Water-Based Matte Paint market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Water-Based Matte Paint market research.
Key manufacturers engaged in the Water-Based Matte Paint industry include Sherwin-Williams Company, PPG Industries, Inc., Akzo Nobel N.V., Nippon Paint Holdings Co., Ltd., RPM International Inc., Kansai Paint Co., Ltd., Asian Paints Limited, Jotun Group and Axalta Coating Systems Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Water-Based Matte Paint production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Water-Based Matte Paint were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Water-Based Matte Paint market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Water-Based Matte Paint market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sherwin-Williams Company
PPG Industries, Inc.
Akzo Nobel N.V.
Nippon Paint Holdings Co., Ltd.
RPM International Inc.
Kansai Paint Co., Ltd.
Asian Paints Limited
Jotun Group
Axalta Coating Systems Ltd.
Hempel A/S
Benjamin Moore & Co.
Tikkurila Oyj
Berger Paints India Limited
Sika AG
Segment by Type
Waterborne Acrylic Matte Paint
Waterborne Alkyd Resin Matt Paint
Waterborne Polyurethane Matt Paint
Waterborne Epoxy Resin Matt Paint
Waterborne Silicone Resin Matte Paint
Segment by Application
Achitechive
Automobile Industry
Consumer Electronics Industry
Packaging Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Water-Based Matte Paint report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Waterborne matt paint is a special type of paint, whose main component is Waterborne resins. Compared with traditional solvent coatings, water-based matt paint uses water as diluent, which makes it produce less Volatile organic compound (VOCs) during construction and cleaning. The characteristic of this paint is that it produces a matte or semi matte surface effect. Compared to high gloss coatings, it does not reflect light, making the surface appear softer and opaque. Waterborne matte paint is widely used in fields such as indoor walls, furniture, wood products, and decorative engineering. Its advantages include: environmental friendliness: due to the presence of water-based components, water-based matte paint releases lower VOCs, which helps reduce air pollution and indoor concentration of harmful substances. Applicability: It can be used for various materials, such as wood, gypsum board, metal, etc., making it a universal indoor coating. Easy to clean: Compared to oily paint, water-based matte paint uses water for cleaning, simplifying the cleaning and maintenance process. Low odor: the smell of water-based matt paint is lighter during construction, making the indoor environment more comfortable. It should be noted that although water-based matte paint has many advantages, in some cases, its durability and stain resistance may not be as good as traditional oil-based paint, especially in areas with high flow rates and high pollution. Therefore, when choosing coatings, decisions should be made based on specific application scenarios and needs.
Global Water-Based Matte Paint market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Water-Based Matte Paint market research.
Key manufacturers engaged in the Water-Based Matte Paint industry include Sherwin-Williams Company, PPG Industries, Inc., Akzo Nobel N.V., Nippon Paint Holdings Co., Ltd., RPM International Inc., Kansai Paint Co., Ltd., Asian Paints Limited, Jotun Group and Axalta Coating Systems Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Water-Based Matte Paint production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Water-Based Matte Paint were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Water-Based Matte Paint market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Water-Based Matte Paint market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sherwin-Williams Company
PPG Industries, Inc.
Akzo Nobel N.V.
Nippon Paint Holdings Co., Ltd.
RPM International Inc.
Kansai Paint Co., Ltd.
Asian Paints Limited
Jotun Group
Axalta Coating Systems Ltd.
Hempel A/S
Benjamin Moore & Co.
Tikkurila Oyj
Berger Paints India Limited
Sika AG
Segment by Type
Waterborne Acrylic Matte Paint
Waterborne Alkyd Resin Matt Paint
Waterborne Polyurethane Matt Paint
Waterborne Epoxy Resin Matt Paint
Waterborne Silicone Resin Matte Paint
Segment by Application
Achitechive
Automobile Industry
Consumer Electronics Industry
Packaging Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Water-Based Matte Paint report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Water-Based Matte Paint Market Overview
1.1 Product Definition
1.2 Water-Based Matte Paint Segment by Type
1.2.1 Global Water-Based Matte Paint Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Waterborne Acrylic Matte Paint
1.2.3 Waterborne Alkyd Resin Matt Paint
1.2.4 Waterborne Polyurethane Matt Paint
1.2.5 Waterborne Epoxy Resin Matt Paint
1.2.6 Waterborne Silicone Resin Matte Paint
1.3 Water-Based Matte Paint Segment by Application
1.3.1 Global Water-Based Matte Paint Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Achitechive
1.3.3 Automobile Industry
1.3.4 Consumer Electronics Industry
1.3.5 Packaging Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Water-Based Matte Paint Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Water-Based Matte Paint Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Water-Based Matte Paint Production Estimates and Forecasts (2018-2029)
1.4.4 Global Water-Based Matte Paint Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Water-Based Matte Paint Production Market Share by Manufacturers (2018-2023)
2.2 Global Water-Based Matte Paint Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Water-Based Matte Paint, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Water-Based Matte Paint Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Water-Based Matte Paint Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Water-Based Matte Paint, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Water-Based Matte Paint, Product Offered and Application
2.8 Global Key Manufacturers of Water-Based Matte Paint, Date of Enter into This Industry
2.9 Water-Based Matte Paint Market Competitive Situation and Trends
2.9.1 Water-Based Matte Paint Market Concentration Rate
2.9.2 Global 5 and 10 Largest Water-Based Matte Paint Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Water-Based Matte Paint Production by Region
3.1 Global Water-Based Matte Paint Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Water-Based Matte Paint Production Value by Region (2018-2029)
3.2.1 Global Water-Based Matte Paint Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Water-Based Matte Paint by Region (2024-2029)
3.3 Global Water-Based Matte Paint Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Water-Based Matte Paint Production by Region (2018-2029)
3.4.1 Global Water-Based Matte Paint Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Water-Based Matte Paint by Region (2024-2029)
3.5 Global Water-Based Matte Paint Market Price Analysis by Region (2018-2023)
3.6 Global Water-Based Matte Paint Production and Value, Year-over-Year Growth
3.6.1 North America Water-Based Matte Paint Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Water-Based Matte Paint Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Water-Based Matte Paint Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Water-Based Matte Paint Production Value Estimates and Forecasts (2018-2029)
4 Water-Based Matte Paint Consumption by Region
4.1 Global Water-Based Matte Paint Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Water-Based Matte Paint Consumption by Region (2018-2029)
4.2.1 Global Water-Based Matte Paint Consumption by Region (2018-2023)
4.2.2 Global Water-Based Matte Paint Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Water-Based Matte Paint Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Water-Based Matte Paint Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Water-Based Matte Paint Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Water-Based Matte Paint Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Water-Based Matte Paint Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Water-Based Matte Paint Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Water-Based Matte Paint Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Water-Based Matte Paint Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Water-Based Matte Paint Production by Type (2018-2029)
5.1.1 Global Water-Based Matte Paint Production by Type (2018-2023)
5.1.2 Global Water-Based Matte Paint Production by Type (2024-2029)
5.1.3 Global Water-Based Matte Paint Production Market Share by Type (2018-2029)
5.2 Global Water-Based Matte Paint Production Value by Type (2018-2029)
5.2.1 Global Water-Based Matte Paint Production Value by Type (2018-2023)
5.2.2 Global Water-Based Matte Paint Production Value by Type (2024-2029)
5.2.3 Global Water-Based Matte Paint Production Value Market Share by Type (2018-2029)
5.3 Global Water-Based Matte Paint Price by Type (2018-2029)
6 Segment by Application
6.1 Global Water-Based Matte Paint Production by Application (2018-2029)
6.1.1 Global Water-Based Matte Paint Production by Application (2018-2023)
6.1.2 Global Water-Based Matte Paint Production by Application (2024-2029)
6.1.3 Global Water-Based Matte Paint Production Market Share by Application (2018-2029)
6.2 Global Water-Based Matte Paint Production Value by Application (2018-2029)
6.2.1 Global Water-Based Matte Paint Production Value by Application (2018-2023)
6.2.2 Global Water-Based Matte Paint Production Value by Application (2024-2029)
6.2.3 Global Water-Based Matte Paint Production Value Market Share by Application (2018-2029)
6.3 Global Water-Based Matte Paint Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Sherwin-Williams Company
7.1.1 Sherwin-Williams Company Water-Based Matte Paint Corporation Information
7.1.2 Sherwin-Williams Company Water-Based Matte Paint Product Portfolio
7.1.3 Sherwin-Williams Company Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Sherwin-Williams Company Main Business and Markets Served
7.1.5 Sherwin-Williams Company Recent Developments/Updates
7.2 PPG Industries, Inc.
7.2.1 PPG Industries, Inc. Water-Based Matte Paint Corporation Information
7.2.2 PPG Industries, Inc. Water-Based Matte Paint Product Portfolio
7.2.3 PPG Industries, Inc. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.2.4 PPG Industries, Inc. Main Business and Markets Served
7.2.5 PPG Industries, Inc. Recent Developments/Updates
7.3 Akzo Nobel N.V.
7.3.1 Akzo Nobel N.V. Water-Based Matte Paint Corporation Information
7.3.2 Akzo Nobel N.V. Water-Based Matte Paint Product Portfolio
7.3.3 Akzo Nobel N.V. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Akzo Nobel N.V. Main Business and Markets Served
7.3.5 Akzo Nobel N.V. Recent Developments/Updates
7.4 Nippon Paint Holdings Co., Ltd.
7.4.1 Nippon Paint Holdings Co., Ltd. Water-Based Matte Paint Corporation Information
7.4.2 Nippon Paint Holdings Co., Ltd. Water-Based Matte Paint Product Portfolio
7.4.3 Nippon Paint Holdings Co., Ltd. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Nippon Paint Holdings Co., Ltd. Main Business and Markets Served
7.4.5 Nippon Paint Holdings Co., Ltd. Recent Developments/Updates
7.5 RPM International Inc.
7.5.1 RPM International Inc. Water-Based Matte Paint Corporation Information
7.5.2 RPM International Inc. Water-Based Matte Paint Product Portfolio
7.5.3 RPM International Inc. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.5.4 RPM International Inc. Main Business and Markets Served
7.5.5 RPM International Inc. Recent Developments/Updates
7.6 Kansai Paint Co., Ltd.
7.6.1 Kansai Paint Co., Ltd. Water-Based Matte Paint Corporation Information
7.6.2 Kansai Paint Co., Ltd. Water-Based Matte Paint Product Portfolio
7.6.3 Kansai Paint Co., Ltd. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Kansai Paint Co., Ltd. Main Business and Markets Served
7.6.5 Kansai Paint Co., Ltd. Recent Developments/Updates
7.7 Asian Paints Limited
7.7.1 Asian Paints Limited Water-Based Matte Paint Corporation Information
7.7.2 Asian Paints Limited Water-Based Matte Paint Product Portfolio
7.7.3 Asian Paints Limited Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Asian Paints Limited Main Business and Markets Served
7.7.5 Asian Paints Limited Recent Developments/Updates
7.8 Jotun Group
7.8.1 Jotun Group Water-Based Matte Paint Corporation Information
7.8.2 Jotun Group Water-Based Matte Paint Product Portfolio
7.8.3 Jotun Group Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Jotun Group Main Business and Markets Served
7.7.5 Jotun Group Recent Developments/Updates
7.9 Axalta Coating Systems Ltd.
7.9.1 Axalta Coating Systems Ltd. Water-Based Matte Paint Corporation Information
7.9.2 Axalta Coating Systems Ltd. Water-Based Matte Paint Product Portfolio
7.9.3 Axalta Coating Systems Ltd. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Axalta Coating Systems Ltd. Main Business and Markets Served
7.9.5 Axalta Coating Systems Ltd. Recent Developments/Updates
7.10 Hempel A/S
7.10.1 Hempel A/S Water-Based Matte Paint Corporation Information
7.10.2 Hempel A/S Water-Based Matte Paint Product Portfolio
7.10.3 Hempel A/S Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Hempel A/S Main Business and Markets Served
7.10.5 Hempel A/S Recent Developments/Updates
7.11 Benjamin Moore & Co.
7.11.1 Benjamin Moore & Co. Water-Based Matte Paint Corporation Information
7.11.2 Benjamin Moore & Co. Water-Based Matte Paint Product Portfolio
7.11.3 Benjamin Moore & Co. Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Benjamin Moore & Co. Main Business and Markets Served
7.11.5 Benjamin Moore & Co. Recent Developments/Updates
7.12 Tikkurila Oyj
7.12.1 Tikkurila Oyj Water-Based Matte Paint Corporation Information
7.12.2 Tikkurila Oyj Water-Based Matte Paint Product Portfolio
7.12.3 Tikkurila Oyj Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Tikkurila Oyj Main Business and Markets Served
7.12.5 Tikkurila Oyj Recent Developments/Updates
7.13 Berger Paints India Limited
7.13.1 Berger Paints India Limited Water-Based Matte Paint Corporation Information
7.13.2 Berger Paints India Limited Water-Based Matte Paint Product Portfolio
7.13.3 Berger Paints India Limited Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Berger Paints India Limited Main Business and Markets Served
7.13.5 Berger Paints India Limited Recent Developments/Updates
7.14 Sika AG
7.14.1 Sika AG Water-Based Matte Paint Corporation Information
7.14.2 Sika AG Water-Based Matte Paint Product Portfolio
7.14.3 Sika AG Water-Based Matte Paint Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Sika AG Main Business and Markets Served
7.14.5 Sika AG Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Water-Based Matte Paint Industry Chain Analysis
8.2 Water-Based Matte Paint Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Water-Based Matte Paint Production Mode & Process
8.4 Water-Based Matte Paint Sales and Marketing
8.4.1 Water-Based Matte Paint Sales Channels
8.4.2 Water-Based Matte Paint Distributors
8.5 Water-Based Matte Paint Customers
9 Water-Based Matte Paint Market Dynamics
9.1 Water-Based Matte Paint Industry Trends
9.2 Water-Based Matte Paint Market Drivers
9.3 Water-Based Matte Paint Market Challenges
9.4 Water-Based Matte Paint Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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