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Cross Linking Agents Market Analysis

Report ID: GMI6426
Published Date: Aug 2023
Report Format: PDF

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Cross Linking Agents Market Analysis

Cross Linking Agents Market Size, By Type, 2021 - 2032 (USD Billion)

Based on type, the cross linking agents market is segmented as amide, amine, amino, carbodiimide, isocyanate, others. Fresh sources held a majority industry value of USD 1.6 billion in 2022. Amide-based cross-linking agents are widely used in the adhesives and sealants industry due to their ability to enhance bonding strength and improve adhesion to various substrates, including metals, plastics, and rubbers.

Cross Linking Agents Market Revenue Share (%), By End-use , (2022)

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Based on end-use, the cross linking agents market is segmented as automotive, construction, electronics, packaging, healthcare, others. Automotive held a dominant industry share of around 40% in 2022. The automotive industry demands cross-linking agents for applications such as adhesives, sealants, and coatings to enhance the durability, strength, and weather resistance of automotive components.

U.S. Cross Linking Agents Market Size, 2021- 2032 (USD Billion)

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U.S. dominated the North American region with majority cross linking agents market share and a revenue of USD 1.5 billion in 2022. The automotive sector in North America demands cross-linking agents for adhesives, coatings, and sealants used in vehicle manufacturing and assembly. Cross-linking agents enhance the performance and durability of automotive components.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global market for cross linking agents was valued at around USD 6.5 billion in 2022 and is estimated to reach USD 10.7 billion by 2032, backed by the increasing industrial activities.

Automotive sector held a dominant market share of around 40% in 2022 and will grow at a lucrative pace through 2032 due to product usage in applications such as adhesives, sealants, and coatings to enhance the durability, strength, and weather resistance of automotive components.

U.S. market size was USD 1.5 billion in 2022 and will expand at a significant pace from 2023-2032 on account of the expanding automotive sector in the region that demands cross-linking agents for adhesives, coatings, and sealants for vehicle manufacturing and assembly.

BASF SE, Evonik Industries AG, Dow Inc., Wacker Chemie AG, Arkema S.A., Eastman Chemical Company, Huntsman Corporation, H.B. Fuller Company, DIC Corporation, Perstorp Holding AB, EMS-GRIVORY Holding AG, Mitsui Chemicals, Inc., Kaneka Corporation, Lord Corporation, Solenis LLC among others.