Global Epoxy Curing Agents Market - Growth, Overview & Outlook
- varunkpdelhi
- Jun 2, 2023
- 3 min read
The global epoxy curing agents market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rapidly growing construction industry, increasing urban population, and growing composite industry. Composed of amine, polyamides, anhydrides poxy, curing agents are used to produce rigid and thermoset materials.
The Important Elements of the Global Epoxy Curing Agents Market
The demand for epoxy curing agents is increasing in the building and construction industry owing to their lightweight material properties. Stringent rules and quality standards are encouraging the use of lightweight materials such as epoxy curing agents in various industrial sectors such as aerospace, automotive, etc.
Besides, the high demand for epoxy curing agents in paints & coatings, smartphones, automotive electronics, equipment, etc, owing to their excellent thermal, electrical insulating, and mechanical properties is expected to fuel the growth of the global epoxy curing agents market in the coming years. The production of epoxy curing agents releases volatile organic compound (VOC), which is harmful to the environment and human health. Hence, this could be a restraining factor for the growth of the global epoxy curing agents market.
The global epoxy curing agents market is segmented on the basis of type, application, and region. Based on type, the market has been categorized into amine-based curing agents and anhydride curing agents. The amine-based curing agents are expected to dominate the market during the forecast period since they are more durable and chemical resistant. Based on application, the market has been segmented into coatings, construction, adhesives, composites, wind energy, electrical & electronics. The coatings segment is projected to lead the epoxy curing agents market due to good adhesion properties, excellent color stability, and high viscosity. APAC region dominated the market in 2021 and is expected to maintain its dominance over the next five years as well owing to rapid industrialization, the growing automotive industry in countries like China, India, Indonesia, etc., and a wide customer base in the region.
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Some of the leading players in the global epoxy curing agents market
Cardolite Corporation
Air Products and Chemicals Inc.
Mitsubishi Chemical Corporation
Evonik Industries
BASF SE
Epoxy Base Electronic Material Co. Ltd.
Atul Limited
Hexion Inc.
Huntsman Corporation
Aditya Birla Chemicals (Thailand) Ltd., etc.
Attribute
Details
Historic Data
2017 – 2020
Estimated Year
2022
Forecast Period
2023 – 2027
Quantitative Units
Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report Coverage
Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments Covered
· By Type
· By Application
Region scope
Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa
Country scope
China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar
Key companies profiled
Cardolite Corporation, Air Products and Chemicals Inc., Mitsubishi Chemical Corporation, Evonik Industries, BASF SE, Epoxy Base Electronic Material Co. Ltd., Atul Limited, Hexion Inc., Huntsman Corporation, Aditya Birla Chemicals (Thailand) Ltd.
Customization scope
10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase options
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Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, the global epoxy curing agents market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Epoxy Curing Agents Market, By Type:
Amine-Based Curing Agents
Anhydride Curing Agents
Epoxy Curing Agents Market, By Application:
Coatings
Construction
Adhesives
Composites
Wind Energy
Electrical & Electronics
Epoxy Curing Agents Market, by Region:
Asia Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
Europe & CIS
France
Germany
United Kingdom
Italy
Spain
North America
United States
Mexico
Canada
South America
Brazil
Argentina
Colombia
Middle East and Africa
South Africa
Saudi Arabia
UAE
Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global epoxy curing agents market.
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