Curing Agents Market is estimated to be US$ 13.7 billion by 2034; Rising Demand for Advanced Materials and Sustainable Solutions to Propel the Growth

Published Date: May 2024

Curing Agents also known as crosslinking agents or hardeners, are substances used in various industries to initiate or accelerate the curing process of materials such as adhesives, coatings, resins, and composites. Curing is a chemical process that involves the transformation of a liquid or semi-liquid material into a solid, durable, and often more rigid form. The choice of a curing agent depends on the type of material being cured and the desired properties of the final product.

Rapid growth of Curing Agents has been driven by several factors including the demand for advanced materials with improved properties such as strength, durability, chemical resistance, and thermal stability has driven the growth of curing agents. Another major factor that drives the demand for Curing Agents Market is the significant growth in industries such as automotive, aerospace, construction, electronics, and renewable energy. These main factors are expected to continue driving the growth of Curing Agents Market in the future.Curing Agents Market was valued at US$ 6.8 billion in 2024 and is projected to grow at a CAGR of 7.9% to reach US$ 13.6 billion by 2034.

The report “Curing Agents Market, By Type (Epoxy, Polyurethane, Silicone Rubber, and Others), By Application (Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In August 2021, Kerry has received a US patent for its method of using a natural, plant-based curing ingredient to preserve meat or meat products. The company's extensive history of original research work that resulted in the creation of a natural curing process for preserving conventional meats and meat products, such as deli meats, bacon, hot dogs and sausage, provides the legal protective foundation for US Patent No. US 11,071,304 for "Method and composition for preparing cured meat products".
  • In March 2020, Gabriel Performance Products launched a new epoxy curing agent, VERSACURE® RAC 9040 and RAC 9010UV for clear coatings, tabletop and countertop applications. For transparent coating and laminating systems, VERSACURE® RAC 9040 and RAC 9010UV are low color curing agents with an easy 1:1 epoxy mix ratio. For do-it-yourself projects like coating tables and countertops, they cure at a moderately fast rate and have high durability.

Analyst View:

Industries such as automotive, aerospace, construction, electronics, and wind energy are projected to witness sustained growth. These industries heavily rely on curing agents for applications such as coatings, adhesives, composites, and encapsulation. As these industries expand and evolve, the demand for curing agents is expected to rise accordingly. Overall, the curing agents market is poised for future growth due to the increasing demand from various industries and evolving regulatory landscape. Manufacturers that can innovate and offer tailored solutions to meet these market demands are likely to benefit from the opportunities presented by the growing Curing Agents Market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Curing Agents Market, By Type (Epoxy, Polyurethane, Silicone Rubber, and Others), By Application (Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Curing Agents Market was valued at US$ 6.8 billion in 2024 and is projected to grow at a CAGR of 7.9% to reach US$ 13.6 billion by 2034. Curing Agents Market is segmented based on Type, Application and Region.

  • Based on Type, Curing Agents Market is segmented into Epoxy, Polyurethane, Silicone Rubber, and Others.
  • Based on Application, Curing Agents Market is segmented into Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others.
  • By Region, the Curing Agents Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Curing Agents Market:

The prominent players operating in the Curing Agents Market includes, Evonik Industries, Huntsman International LLC, Cardolite Corporation, BASF SE, Arnette Polymers, LLC., Atul Ltd, Campbell’s Plastics Limited, Epochemie- Epoxy Curing Agents, Epoxy Base Electronics Corporation Limited, Gabriel. Kukdo Chemical Co. Ltd, and Kumiai Chemical Industry Co. Ltd.

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