Crosslinking Agents Market is Projected to Grow at a 4.1% CAGR, Reaching US$ 20,283.1 Million by 2034 | Fact.MR Report [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
Rockville, MD , Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Global Crosslinking Agents Market is expected to be valued at US$ 20,283.1 million in 2034 and US$ 13,571.5 million globally as of 2024. Based on a thorough research by Fact.MR, the market is expected to grow globally at a CAGR of from 2024 to 2034. The demand for crosslinking agents is expected to increase significantly due to several sectors in the future namely; the automotive, construction, packaging and healthcare industries. The reason for such an increase is their capacity to enhance the mechanical, thermal and chemical resistance properties of materials. In polymer technology, these agents help boost the properties of polymers forming covalent bonds between polymer chains. This trend is particularly significant in the paints and coatings industry which offers different applications like decorative coatings and industrial coatings. The market growth is powered by technological advancements and creative product designs,
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