Market Size of Crosslinking Agents Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.26 Billion |
| Market Size (2029) | USD 9.39 Billion |
| CAGR (2024 - 2029) | 5.26 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Crosslinking Agents Market Analysis
The Crosslinking Agents Market size is estimated at USD 7.26 billion in 2024, and is expected to reach USD 9.39 billion by 2029, growing at a CAGR of 5.26% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market but is projected to grow steadily in the forecast period owing to strong global growth in the construction and automotive sectors.
- The major factors driving the market are rising demand for various coatings and an increased emphasis on high-performance crosslinking agents.
- On the other hand, the presence of self-crosslinking agents might hamper the market growth.
- During the forecast period, the increasing demand for innovative coatings is a major opportunity in the global crosslinking agent market.
- Asia-Pacific has dominated the market and is expected to grow with the highest CAGR during the forecast period.
