The amino crosslinking agent segment accounted for the largest share of the crosslinking agent market

The Crosslinking Agent Market is projected to reach USD 13.61 Billion by 2022, at a CAGR of 5.3% by value from 2017 to 2022. The extensive usage of cross linkers in industrial coatings such as automotive, marine, and protective coatings is driving the growth of the crosslinking agent market.

Browse 116 Market Data Tables and 24 Figures spread through 148 Pages and in-depth TOC on "Crosslinking Agent Market by Chemistry (Amino, Amine, Isocyanate, Amide, Aziridine, Carbodiimide), Paints & Coating Application (Decorative, Industrial), and Region (North America, Asia Pacific, Europe, South America) - Global Forecast to 2022"

Based on paints & coatings application, the crosslinking agent market has been segmented into decorative coatings and industrial coatings. The industrial coating segment has the largest market share and is also the fastest-growing segment. The growth of the industrial application segment of the crosslinking agent market is primarily driven by the rising demand for water-based and eco-friendly paints & coatings from the industrial applications. The growing powder coatings market is also driving the crosslinking agent market.

Asia Pacific, Europe, and North America are the key crosslinking agent markets. The market in the Asia Pacific region is anticipated to grow at the highest CAGR between 2017 and 2022, in terms of both value and volume. This growth is mainly attributed to the increasing use of crosslinking agents in industrial hubs. The growing use of industrial coatings in automotive and protective coatings applications is further driving the demand for crosslinking agent in Asia Pacific region. The growing construction industry is also boosting the crosslinking agent demand in the region.

Do Inquiry Before Buying At https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=266941939

The amino crosslinking agent segment accounted for the largest share of the crosslinking agent market in 2016.

The amino crosslinking agent segment is estimated to be the largest type segment of the crosslinking agent market, in terms of volume. This high market share is mainly attributed to its usage across various applications, such as automotive, packaging, metal, OEM, and industrial wood coatings. It also finds application in general industrial, powder, plastic, metal, protective, and decorative coatings.

The industrial application segment is expected to grow at the highest CAGR during the forecast period.

The industrial application segment is expected to register the highest growth, in terms of both value and volume during the forecast period. Crosslinking agent is used as a hardener for coating application in the 2K system. It improves the chemical properties, UV resistance, and durability of the coat. Crosslinking agents cater to various coating applications, such as automotive, protective, can/coil, high performance, and marine, among others.

Key companies operating in this market include BASF SE (Germany), Covestro AG (Germany), Huntsman Corporation (US), Wanhua Chemical Group Co., Ltd. (China), and Evonik Industries (Germany).

New product developments, mergers & acquisitions, and expansions are the key strategies adopted by leading players in this market to strengthen their geographic reach, especially in regions such as Asia Pacific and North America. These players are focused on increasing their production capacities of cross linker, thereby addressing the growing demand for cross linker from various paints & coatings applications such as automotive, can/coil, and marine, among others.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com

Alpha Olefin Sulfonate (AOS) Market by Analysis, by Production, Revenue, Gross Margin and Trends 2030

The Alpha Olefin Sulfonate market is projected to reach USD 479.7 million by 2030, at a CAGR of 2.3% from USD 399.9 million in 2022. High demand for cleaning products, rising awareness for workplace and personal hygiene along with biodegradability property is driving the demand for alpha olefin sulfonates. The global demand for alpha olefin sulfonates from various applications including detergents, shampoos, bar soap, and others is expected to increase during the forecast period. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=248443464 Market Dynamics Driver: High Demand for Cleaning Products The demand for cleaning products such as shampoos, soaps, face wash, and detergents are high resulting in increased demand for alpha olefin sulfonate used as surfactant. Alpha olefin sulfonate has high foamability and compatibility with skin and fabrics resulted in becoming the key ingredient in detergent and cosmetic sector. It is free from skin irrit

Polybutene Market Shares, Strategies, and Forecasts Analysis 2027

The Polybutene Market is projected to reach USD 446.1 million by 2027, at a CAGR of 2.1 % from USD 402.3 million in 2022. The rising demand for polybutene to is expected to fuel the market growth. It offers high strength and superior performance properties with customized sealing temperatures. Due to these properties, it is widely used in seal-peel or easy peel packaging for meats, cheese and other products. Download PDF Brochure At https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173570460 “Based on grade, extrusion is projected to grow at highest CAGR during the forecast period” Extrusion grade is projected to grow at highest CAGR during the forecast period. The high demand for polybutene in construction sector is driving the market growth. Due to its superior chemical and mechanical properties, polybutene is widely used advanced construction systems. “Packaging system is projected to be the fastest growing application in polybutene market, in terms of value”

Digitally Printed Wallpaper Market Statistics, Trends, Growth and Demand Report 2022- 2027

The global digitally printed wallpaper market size in 2022 is estimated at USD 4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027. The major drivers for the market include an growth in urbanization and increasing construction activities. However, rivalry from paint & coating producers limits the market growth. Moreover, the ever-increasing growth in commercial and marketing sectors is projected to boost the market for digitally printed wallpaper. Browse 162 market data Tables and 28 Figures spread through 152 Pages and in-depth TOC on "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027 " Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81489419 Key companies such as A.S. Création Tapeten AG (Ger

Research Industry Expert

Search This Blog