Press release
Crosslinking Agent Market Size Value to Cross USD 19.53 billion, will witness a CAGR of 5.3% by 2029
Crosslinking Agent
Research report on the Crosslinking Agent market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Crosslinking Agent market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.
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Market Dynamics
✦ Crosslinking Agent Market Drivers
Growing Demand for a Variety of Coatings
Crosslinking compounds are used in the coatings industry to improve coatings' appearance, mechanical durability, and chemical protection. The crosslinking agents improve coating pigment and corrosion protection. The increased use of industrial coatings across a range of sectors, including automotive, electronics, maritime, oil and gas, mining, power production, and many other industrial uses, has increased the demand for crosslinking agents. For instance, the growing oil and gas sector, which has boosted pipeline construction worldwide, has increased the demand for coatings.
✦ Crosslinking Agent Market Restraint
Presence of Self-Crosslinking Agents
Due to environmental and health worries, government laws have made it more important than ever to restrict the production of volatile organic compound (VOC) emissions in coatings. As a result, organizations that are concerned with ecology typically use waterborne systems to reduce their carbon impact. Thanks to recent advancements in self-crosslinking technology, it is now simpler than ever to combine the performance of a solvent-borne system with the low-emissions features of watery coatings. Stain protection has been a major driver for self-crosslinking devices in North America and Europe.
Prominent Key players of the Crosslinking Agent Market survey report:
Historical data available in the report elaborates on the development of the Crosslinking Agent on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Aditya Birla Chemicals, Allnex GMBH, BASF SE, Covestro AG, DOW, Evonik Industries AG, Hexion, Huntsman International LLC, Kumho P&B Chemicals Inc., Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd, Nisshinbo Chemical Inc., Wanhua Chemical Group.
Crosslinking Agent Market Recent Developments
December 2022- BASF and StePac announced chemically recycled flexible packaging to preserve fresh produce.
In February 2022, Hexion completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines for around USD 1.2 billion to Westlake Chemical Corporation.
In December 2021, Allnex has become a part of PTT Global Chemical Public Company Limited (GC) after PTT Global bought Allnex from Advent for EUR 4 billion (~USD 4.25 billion).
Crosslinking Agent Market Segmentation:
Global Crosslinking Agents Market by Type, 2023-2029, (USD Million) (Kilotons)
» Amide
» Amine
» Amino
» Carbodiimide
» Isocyanate
» Other Types
Global Crosslinking Agents Market by Application, 2023-2029, (USD Million) (Kilotons)
» Automotive Coatings
» Decorative Coatings
» Industrial Wood Coatings
» Metal Coatings
» Packaging Coatings
» Other Applications
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Features of the Crosslinking Agent Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Crosslinking Agent industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Crosslinking Agent industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Crosslinking Agent Market Research Report 2023-2029
1 Crosslinking Agent Market Overview
1.1 Product Overview and Scope of Crosslinking Agent
1.2 Crosslinking Agent Segment by Type (Product Category)
1.3 Global Crosslinking Agent market Segment by Application
1.4 Global Crosslinking Agent Market by Region (2023-2029)
1.4.1 Global Crosslinking Agent Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Crosslinking Agent (2023-2029)
1.5.1 Global Crosslinking Agent Revenue Status and Outlook (2023-2029)
1.5.2 Global Crosslinking Agent Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Crosslinking Agent Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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Thank you for your interest in the Crosslinking Agent Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.
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