Asia Pacific Crosslinking Agent market size was around USD 2.17 billion in 2017. It is expected to grow at a CAGR of 6.2% to reach USD 2.92 billion by 2022.
Crosslinking can be described as a natural process of bonding links between compound chains. The compound chains will be brought up as artificial polymers or natural polymers. The bond can be ionic or molecular in nature. During a majority of the cases, the crosslink is usually a covalent structure. Once crosslinks are supplemented to polymers, they lose the power to move as individual compound chains. Crosslinking is utilized in biological sciences and artificial compound chemistry. In artificial polymers, the term ’crosslink’ sometimes refers to a distinction within the polymers’ physical and mechanical properties. The modification of properties depends on the crosslink density. Once the crosslink density is low, it decreases the viscosity of the compound, whereas a high density crosslink causes the material to become terribly rigid.
The Crosslinking Agent market is segmented by application and by chemistry. By application, the market is categorized into Industrial Coatings and Decorative Coatings. Crosslinking in coating improves chemical resistance, appearance, and mechanical sturdiness. Industrial Coatings with crosslinking agents enhance colour and corrosion resistance. Industrial Coatings application includes coatings for concrete floors, metal building exteriors, concrete blocks, and steel structures. The Industrial coatings segment is calculable to account for a serious share in terms of volume and is additionally anticipated to expand rapidly throughout the forecast period. On the basis of Chemistry, the market is divided into Polyaziridine, Polycarbodiimide, Polyisocyanate, and others. A crosslinking agent ought to have characteristics like smart chemical resistance, smart compatibility, VOC (Volatile organic compound) free, no gas developments, long pot life, and must be simple to use. The polyisocyanate crosslinking agent segment holds a significant share of the crosslinking agent market because of its numerous applications in automotive, appliances, decorative, packaging, and industrial wood coating.
By geography the market is segmented into India, China, Korea, Japan, India, Australia, and others. This regional market is anticipated to expand at the highest CAGR because of the rise in usage of cross-linked coatings in industries and automobiles.
Leading players in the Crosslinking Agent market include Lord Corporation, The Dow chemical company, Huntsman Corporation, Angus Chemical Company, Evonik Industries, Covestro AG, Aditya Birla Chemical Company, Stahl Holdings BV, INEOS, Shanghai Sisheng Polymer Materials Company, Allnex Group.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Industrial Coatings
5.1.3 Decorative Coatings
5.1.4 Y-o-Y Growth Analysis, By Application
5.1.5 Market Attractiveness Analysis, By Application
5.1.6 Market Share Analysis, By Application
5.2 Chemistry
5.2.1 Introduction
5.2.2 Polyaziridine
5.2.3 Polycarbodiimide
5.2.4 Polyisocyanate
5.2.5 Other Chemistry
5.2.6 Y-o-Y Growth Analysis, By Chemistry
5.2.7 Market Attractiveness Analysis, By Chemistry
5.2.8 Market Share Analysis, By Chemistry
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Chemistry
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Chemistry
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Chemistry
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Lord Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 The Dow chemical company
8.3 Huntsman Corporation
8.4 Angus Chemical Company
8.5 Evonik Industries
8.6 Covestro AG
8.7 Aditya Birla Chemical Company
8.8 Stahl Holdings BV
8.9 INEOS
8.10 Shanghai Sisheng Polymer Materials Company
8.11 Allnex Group
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
