PUBLISHER: Grand View Research | PRODUCT CODE: 1530098
PUBLISHER: Grand View Research | PRODUCT CODE: 1530098
Crosslinking Agent Market Size & Trends
"2030 Crosslinking Agent Market value to reach USD 13,618.3 million"
The global crosslinking agent market size was estimated at USD 6,907.1 million in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2030. The growth is attributed to increasing demand for high-performance materials in automotive, electronics, and aerospace industries. Crosslinking agents are essential in various industries as they enhance the properties of polymers by creating strong, covalent bonds between polymer chains. This leads to improved chemical resistance, heat resistance, and mechanical properties of the final products. As such, their critical role in manufacturing high-performance materials drives the demand for crosslinking agents.
The growing demand for water-based crosslinking agents, driven by environmental regulations and a push for more sustainable manufacturing practices, further fuels the market. The construction industry also significantly contributes to the demand, where crosslinking agents are used in coatings, adhesives, and sealants to enhance durability and resistance to environmental damage.
Global Crosslinking Agent Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global crosslinking agent market report based on chemistry, application, and region:
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina
Saudi Arabia
South Africa