Surging utility of crosslinking agents across emerging countries of Asia Pacific, Europe, and North America. Growth of this market is mainly due to the rising awareness regarding the benefits of crosslinking agents in varied paints & coatings applications, such as automotive, wood, marine, can/coil, powder, and wall coatings, among others. However, the high price of crosslinking agents for decorative coatings is restraining the growth of crosslinking agent market. India, China, and Brazil are assumed as price sensitive markets, and thus, they prefer using cheaper alternatives to crosslinking agent.
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