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PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421813
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421813
Crosslinking Agents Market Share, Size, Trends, Industry Analysis Report, By Chemistry (Amino Amine, Amide, Aziridine, Isocyanate, Carbodiimide); By Application; By Region; Segment Forecast, 2023 - 2032
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The global crosslinking agents market size is expected to reach USD 15.03 billion by 2032, according to a new study by Polaris Market Research. The report "Crosslinking Agents Market Share, Size, Trends, Industry Analysis Report, By Chemistry (Amino Amine, Amide, Aziridine, Isocyanate, Carbodiimide); By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing automobile industry, fueled by rising disposable income among the population, is driving demand for automobiles. Cross-linking agents are used in the production process of electric vehicles, including battery components, cable and wiring insulation, adhesives and sealants, exterior coatings, and more, due to their ability to improve adhesion and mechanical properties. According to the IEA, sales in 2022 were still strong, with 2 million units sold in the first quarter-three-quarters more than in the same period in 2021. According to the forecast, EVs will make up 13% of all new automobiles sold in 2022. The growing demand for electric vehicles is fueled by rising environmental concerns and government initiatives to promote renewable energy use. This may drive the demand for cross-linking agents in the coming years.
Additionally, crosslinking agents are included in polymer formulations to increase the variety of thermoplastics and elastomers that can be crosslinked. Thermoplastic polymer PVDF has recently been discovered to be capable of crosslinking, which may be useful for separators for electrochemical high-power charge applications.
Crosslinking allows pipes to function at temperatures up to +20 °C higher than they would otherwise be able to, allowing them to work at 85 °C instead of 65 °C in long-term settings and 105-110 °C in short-term conditions. Crosslinking enhances the temperature resistance, the processability of the expansion phase during manufacturing, and the products' shrinkability during assembly in the case of heat-shrinkable tubes and films. In order to maintain their shape during the assembly and manufacturing processes, radial tire reinforcement components are frequently pre-vulcanized using radiation cross-linking.
A 2022 study published in the National Library of Medicine explored the effects of crosslinking agents in cellulose-based hydrogels. It revealed that synthetic crosslinking agents used in hydrogels have benefits, including tunable mechanical qualities and simple chemical composition management. However, it also stated that natural crosslinking agents give hydrogels superior biocompatibility and less latent harmful impact. The growing research activities are widening the application of crosslinking agents, which may provide new growth potential in the coming years.
Crosslinking Agents Market Report Highlights
The isocyanate segment is anticipated to witness the highest growth in the coming years due to its ability to provide strong bonds between materials.
Automotive coatings segment accounted for the largest market share owing to the rising demand for high-performance materials.
Asia Pacific is projected to register the largest growth rate in the study period owing to the rapid growth in the construction industry.
The global players include: Aditya Birla Corporation, Allnex Group, Evonik Industries, Hexion, Huntsman Corporation, Ineos & Lord Corporation.
Polaris Market Research has segmented the crosslinking agents market report based on chemistry, application, and region:
Crosslinking Agents, Chemistry Outlook (Revenue - USD Billion, 2019 - 2032)
- Amino
- Amine
- Amide
- Aziridine
- Carbodiimide
- Isocyanate
- Others
Crosslinking Agents, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Automotive Coatings
- Decorative Coatings
- Industrial Coatings
- Others
Crosslinking Agents, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Product Code: PM4101
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Crosslinking Agents Market Insights
- 4.1. Crosslinking Agents Market - Industry Snapshot
- 4.2. Crosslinking Agents Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising research studies are revealing the potential benefits and uses associated with crosslinking agents
- 4.2.1.2. Growing demand in the automotive and construction industries
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Regulatory challenges in crosslinking agents market
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Crosslinking Agents Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Crosslinking Agents Market, by Chemistry
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Crosslinking Agents, by Chemistry, 2019-2032 (USD Billion)
- 5.3. Amino
- 5.3.1. Global Crosslinking Agents Market, by Amino, by Region, 2019-2032 (USD Billion)
- 5.4. Amine
- 5.4.1. Global Crosslinking Agents Market, by Amine, by Region, 2019-2032 (USD Billion)
- 5.5. Amide
- 5.5.1. Global Crosslinking Agents Market, by Amide, by Region, 2019-2032 (USD Billion)
- 5.6. Aziridine
- 5.6.1. Global Crosslinking Agents Market, by Aziridine, by Region, 2019-2032 (USD Billion)
- 5.7. Carbodiimide
- 5.7.1. Global Crosslinking Agents Market, by Carbodiimide, by Region, 2019-2032 (USD Billion)
- 5.8. Isocyanate
- 5.8.1. Global Crosslinking Agents Market, by Isocyanate, by Region, 2019-2032 (USD Billion)
- 5.9. Others
- 5.9.1. Global Crosslinking Agents Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Crosslinking Agents Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 6.3. Automotive Coatings
- 6.3.1. Global Crosslinking Agents Market, by Automotive Coatings, by Region, 2019-2032 (USD Billion)
- 6.4. Decorative Coatings
- 6.4.1. Global Crosslinking Agents Market, by Decorative Coatings, by Region, 2019-2032 (USD Billion)
- 6.5. Industrial Coatings
- 6.5.1. Global Crosslinking Agents Market, by Industrial Coatings, by Region, 2019-2032 (USD Billion)
- 6.6. Others
- 6.6.1. Global Crosslinking Agents Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Crosslinking Agents Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Crosslinking Agents Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Crosslinking Agents Market - North America
- 7.3.1. North America: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.3.3. Crosslinking Agents Market - U.S.
- 7.3.3.1. U.S.: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.3.4. Crosslinking Agents Market - Canada
- 7.3.4.1. Canada: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4. Crosslinking Agents Market - Europe
- 7.4.1. Europe: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.3. Crosslinking Agents Market - UK
- 7.4.3.1. UK: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.4. Crosslinking Agents Market - France
- 7.4.4.1. France: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.5. Crosslinking Agents Market - Germany
- 7.4.5.1. Germany: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.6. Crosslinking Agents Market - Italy
- 7.4.6.1. Italy: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.7. Crosslinking Agents Market - Spain
- 7.4.7.1. Spain: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.8. Crosslinking Agents Market - Netherlands
- 7.4.8.1. Netherlands: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.4.9. Crosslinking Agents Market - Russia
- 7.4.9.1. Russia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5. Crosslinking Agents Market - Asia Pacific
- 7.5.1. Asia Pacific: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.3. Crosslinking Agents Market - China
- 7.5.3.1. China: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.4. Crosslinking Agents Market - India
- 7.5.4.1. India: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.5. Crosslinking Agents Market - Malaysia
- 7.5.5.1. Malaysia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.6. Crosslinking Agents Market - Japan
- 7.5.6.1. Japan: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.7. Crosslinking Agents Market - Indonesia
- 7.5.7.1. Indonesia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.5.8. Crosslinking Agents Market - South Korea
- 7.5.8.1. South Korea: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.6. Crosslinking Agents Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.6.3. Crosslinking Agents Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.6.4. Crosslinking Agents Market - UAE
- 7.6.4.1. UAE: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.6.5. Crosslinking Agents Market - Israel
- 7.6.5.1. Israel: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.6.6. Crosslinking Agents Market - South Africa
- 7.6.6.1. South Africa: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.7. Crosslinking Agents Market - Latin America
- 7.7.1. Latin America: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.7.3. Crosslinking Agents Market - Mexico
- 7.7.3.1. Mexico: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.7.4. Crosslinking Agents Market - Brazil
- 7.7.4.1. Brazil: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- 7.7.5. Crosslinking Agents Market - Argentina
- 7.7.5.1. Argentina: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Aditya Birla Corporation
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Allnex Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Angus Chemical Company
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. BASF
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Covestro
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. DSM Coatings Resins
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Evonik Industries
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Hexion
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Huntsman Corporation
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Ineos
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Lord Corporation
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. The Dow Chemical Company
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Wanhua Chemicals Group
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
Product Code: PM4101
List of Tables
- Table 1 Global Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 2 Global Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 3 Crosslinking Agents Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 5 North America: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 6 U.S.: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 7 U.S.: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 8 Canada: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 9 Canada: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 10 Europe: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 11 Europe: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 12 UK: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 13 UK: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 14 France: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 15 France: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 16 Germany: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 17 Germany: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 18 Italy: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 19 Italy: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 20 Spain: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 21 Spain: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 22 Netherlands: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 23 Netherlands: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 24 Russia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 25 Russia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 28 China: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 29 China: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 30 India: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 31 India: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 32 Malaysia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 33 Malaysia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 34 Japan: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 35 Japan: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 36 Indonesia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 37 Indonesia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 38 South Korea: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 39 South Korea: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 44 UAE: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 45 UAE: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 46 Israel: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 47 Israel: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 48 South Africa: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 49 South Africa: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 50 Latin America: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 51 Latin America: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 52 Mexico: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 53 Mexico: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 54 Brazil: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 55 Brazil: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
- Table 56 Argentina: Crosslinking Agents Market, by Application, 2019-2032 (USD Billion)
- Table 57 Argentina: Crosslinking Agents Market, by Chemistry, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Crosslinking Agents Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by Application
- Figure 7 Global Crosslinking Agents Market, by Application, 2022 & 2032 (USD Billion)
- Figure 8 Market by Chemistry
- Figure 9 Global Crosslinking Agents Market, by Chemistry, 2022 & 2032 (USD Billion)
- Figure 10 Crosslinking Agents Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Crosslinking Agents Market
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