Epoxy curing agents are widely used in various applications, including coatings, adhesives, and composites. The global epoxy curing agents market size was valued at USD 3.2 billion in 2020 and is expected to grow at a CAGR of around 6% from 2021 to 2028. The increasing demand for epoxy curing agents from various end-use industries such as construction, automotive, and electronics is driving the growth of the market. The market is segmented by type, application, and region. Based on type, the market is segmented into amine-based, anhydride-based, and others. Amine-based curing agents are widely used owing to their excellent properties such as high reactivity and good curing performance. Based on application, the market is segmented into coatings, adhesives, composites, and others. Coatings and adhesives are the major applications of epoxy curing agents owing to their high performance and durability.
North America and Europe are the major markets for epoxy curing agents owing to the presence of well-established end-use industries such as automotive, construction, and aerospace. The Asia Pacific region is expected to witness significant growth owing to the increasing demand for epoxy curing agents from emerging economies such as China and India.
Some of the key players operating in the epoxy curing agents market include Hexion Inc., Huntsman Corporation, Evonik Industries AG, BASF SE, and Aditya Birla Chemicals. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to expand their market share and strengthen their position in the market.
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Key findings of the Epoxy Curing Agents market study:
- The report provides a present market outlook on Epoxy Curing Agents. Additionally, the Epoxy Curing Agents market share is anticipated to grow with a CAGR of 7.4% in forecast period.
- Regional breakdown of the Epoxy Curing Agents market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Epoxy Curing Agents vendors in detail.
- Region-wise and country-wise fragmentation of the Epoxy Curing Agents market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Epoxy Curing Agents market.
- Epoxy Curing Agents price, market share, and Trends forecast for assessment period 2022-2032
Key Segments Covered in Epoxy Curing Agents Industry Research
- Epoxy Curing Agents Market by Type :
- Amine-based Curing Agents
- Anhydride Curing Agents
- Curing Agents
- Other Types
- Epoxy Curing Agents Market by Application :
- Coatings
- Construction
- Adhesives
- Composites
- Wind Energy
- Other Applications
- Epoxy Curing Agents Market by Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Competitive Landscape
The Epoxy Curing Agents industry is dominated by some prominent players including
- Huntsman Corporation
- Olin Corporation
- Evonik Industries AG
- Hexion Inc.
- Gabriel Performance Products
- BASF SE
- Cargill Incorporated
- DIC Corporation
- Mitsubishi Chemical Corporation
- Showa Denko KK
- Toray Fine Chemicals Co. Ltd.
- Aditya Birla Corporation
- Rampf-Gruppe
- Cardolite Corporation
- Shandong Deyuan Epoxy Resin Co.
- Kylin Chemicals Co. Ltd.
- Incorez Ltd.
- DOW Chemical Company
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Epoxy Curing Agents market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Epoxy Curing Agents brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Epoxy Curing Agents Company & brand share analysis: Company and brand share analysis on Epoxy Curing Agents reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Epoxy Curing Agents Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Epoxy Curing Agents
- Epoxy Curing Agents Category & segment level analysis: Fact.MR’s Epoxy Curing Agents sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Epoxy Curing Agents Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Epoxy Curing Agents: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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