According to a market report by Lucintel, the future of the cross linking agent market looks promising with opportunities for the paints and coating application in the decorative and industrial coating markets. The global cross linking agent market is expected to grow with a CAGR of 3% from 2021 to 2026. The major drivers for this market are growth in various end use industries and increased demand in wood coating and automotive coating applications.
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In this market, different types of cross linking agent such as, amino, amine, isocyanate, amide, aziridine, and carbodiimide, and others, are used in a wide range of industries. Lucintel forecasts that isocyanate will remain the largest chemistry segment due to its increasing use in a wide range of applications, such as automotive coating, decorative, appliances, floor coatings, and others.
Within the cross linking agent market, industrial will remain the largest paint & coating application segment during the forecast period due to the increasing powder coating market and the environmental friendly nature of paint and coating market..
Asia Pacific will remain the largest region in the forecast period due to increasing industrial uses of cross linking agents in automotive and protective coatings.
BASF SE, Huntsman Corporation, Covestro AG, Evonik Industries, Aditya Birla Chemicals, Allnex Group, Wanhua Chemical Group, Ineos, Hexion, and The DOW Chemical Company are among the major cross linking agent manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cross linking agent market by chemistry, paint & coating application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Cross Linking Agent Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global cross linking agent market by chemistry, paint & coating application, and region as follows:
By Chemistry [Kilotons and $M shipment analysis for 2015 – 2026]:
Amino
Amine
Isocyanate
Amide
Aziridine
Carbodiimide
Others
By Paint & Coating Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Decorative Coatings
Industrial Coatings
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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