Global Epoxy Curing Agents Market Trends, Applications, Analysis, Growth, and Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global epoxy curing agents market in its upcoming report titled, “Global Epoxy Curing Agents Market Trends, Applications, Analysis, Growth, and Forecast to 2026”. The global epoxy curing agents market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global epoxy curing agents market has been segmented on the basis of product type, industry vertical, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Curing agents are special type of additives that are used to harden resins globally. Curing agents are also known as cross-linking agents. Epoxy resins are low molecular weight pre-polymers, or higher molecular weight polymers. Selecting the right curing agent, is of prime importance, as it influences the viscosity, reactivity and working time of resins in mechanical, chemical and optical properties specifically. Epoxy curatives works effectively when combined with epoxy resins and reactive modifiers to meet a variety of application challenges. Curing agents used in to epoxy resin contains epoxide functional group. Selection of epoxy curing agents is totally based upon type of resin and requires degree of hardness. Each epoxy curing agent has its own properties – which describes degree of curing as well as time required to cure resin.
Availability of wide range of applications in industrial coatings, automotive applications, metal-to-metal adhesives, and electronic potting sectors is a major factor driving growth of the global market over the forecast period. Growing demand for epoxy curing agents-based resin formulations, especially from paints and coatings industry is another major factor driving growth of the target market. In addition, rising demand for epoxy resin-based composites in aerospace and wind energy industries is supporting growth of the global market over the forecast period. Also, increasing adoption of epoxy curing agents in civil engineering, and construction applications such as concrete bonding, flooring, and marble laminate is further expected to fuel growth of global epoxy curing agents market in the near future.
However, high costs of raw material used in production of epoxy curing agents is expected to limit growth of the target market.
The market in Asia Pacific is expected to hold highest market share in terms of revenue and is expected to continue its dominancy over the forecast period, owing to rising infrastructure facilities and support from various government and private organizations in the region. India and China are expected to hold market share in the Asia Pacific region. China is, one of the largest producer of epoxy curing agents, worldwide and is expected to dominate the overall global consumption of epoxy curing agents in the near future.
The market in Europe is expected to hold second largest market share in terms of revenue over the forecast period, owing to rising automobile sector and expansion of market by major players in the region.
Global epoxy curing agent market segmentation:
By product type:
- Others (phenolic, mercaptans, and polysulfides)
By industry vertical:
- Building & construction
- Electrical & electronics
- Wind energy
- Others (Marine and Adhesives)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Huntsman International LLC
- Hexion Inc.
- Cardolite Corporation
- Gabriel Performance Products, LLC
- Epochemie International Pte. Ltd.
- RPM International Inc.
- The DOW Chemical Company
- BASF SE
- Evonik Industries AG
- Shandong Deyuan Epoxy Resin Co., Ltd.
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