Growing Penetration of Crosslinking Agents Market in

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United States, Rockville, MD, June 03, 2022 (GLOBE NEWSWIRE) — According to detailed industry analysis by Fact.MR, a market research and competitive intelligence provider, the global crosslinking agents market is expected to grow at a CAGR of 4% and reach $18.45 billion by the end of 2032.

Crosslinking is used in both biological chemistry and synthetic chemistry. The word “crosslinking” is used to describe a distinction between the physical and mechanical properties of man-made polymers. The degree to which the characteristics are changed is determined by the crosslink density. The viscosity of the compound is reduced when the crosslink density is low, but high density crosslinking causes the material to become extremely stiff.

The technique of covalent crosslinking is used in scientific and industrial application technologies to regulate and improve the characteristics of the interface or the resulting polymer solution, such as coatings and thermosets. Crosslinking agents are used because of their ability to modify polymer chains, increase product cohesion, thermal resistance, and reduce peel adhesion and stickiness.

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One of the major growth drivers for the crosslinking agent market is the increased use of powder coatings across the globe. Electrical wires, hot water pipes, specially molded containers, thermal insulation, automotive trim, and sports equipment are just a few of the end uses for crosslinking agents. Therefore, the expanding automotive, coatings, and pulp and paper sectors around the world will play a key role in driving the growth in demand for crosslinking agents over the next few years.

Key Jakeaways market research

  • The global crosslinking agents market will reach a valuation of US$18.45 billion by 2032.
  • The North America market is expected to grow at a CAGR of 4% during the forecast period.
  • Europe represents 25% of the world market.
  • The consumption of amino crosslinking agents is expected to increase at a CAGR of 5.1% from 2022 to 2032.

VSConsumption of crosslinking agents has always been significantly higher in automotive applications. Due to the constant demand for coatings in the transport sector, i.e. various types of vehicles, the market is expected to continue to flourish over the next few years, says a Fact.MR analyst

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Winning strategy

Major players are focusing on improving their sales and distribution networks. Some market players are also focusing on expanding their manufacturing capabilities across regions to increase global sales volume while meeting consumer needs.

With the increased demand for crosslinking agents in the global market, market players are expected to enjoy exciting growth prospects over the coming years.

For instance,

  • In January 2021, Huntsman Advanced Materials purchased Gabriel Performance Products from Audax Private Equity.

More valuable information in offer

Fact.MR in its new offering presents an unbiased analysis of the global Crosslinking Agents Market, showcasing historical demand data (2017-2021) and forecast statistics for the period 2022-2032.

The study discloses essential market insights on the basis of chemistry (amino, isocyanate, aziridine, carbodiimide, amine, amide, other chemistry) and application (decorative coatings, industrial coatings), across five major regions in the world (North America, Europe, Asia-Pacific, Latin America and MEA).

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Do. RM domain Skill in Chemistry and Materials Division

Our team of chemistry and materials consultants guide organizations through every step of their business strategy by helping you understand how the latest influencers explain the operational and strategic transformation of the chemistry and materials industry. Our expertise in recognizing challenges and trends impacting the global chemicals and materials industry provides much-needed insight and support – encompassing a strategic perspective that helps you identify critical issues and design appropriate solutions .

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