Global Epoxy Curing Agents Market is estimated to be US$ 7.66 billion by 2030 with a CAGR of 6.1% during the forecast period

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Published Date: April 2023

Epoxy Curing Agents Market accounted for US$ 4.25 billion in 2020 and is estimated to be US$ 7.66 billion by 2030 and is anticipated to register a CAGR of 6.1%. Epoxy Curing Agent are describe as a material taking a part in chemical reaction between the oligomer, pre polymer, polymer to attain the polymerization process and to produce the final film. Epoxy curing agent are used to the cure epoxy resins by the reacting with the epoxides groups. Epoxy resin system consist of two parts that is an “A” and a “B” side. B side known as a “hardener”, is the epoxy curing agent. The curing agent is responsible for the reacting with epoxy resin A side. The reaction between the epoxy resin and curing agent results in hard and thermoset materials. When the air temperature is warmer then the epoxy cures faster.

The report "Global Epoxy Curing Agents Market, By Type (Amine-Based Curing Agents, Anhydride Curing Agents, and Other Curing Agents), By Application (Coatings, Electrical and Electronics, Wind Energy, Construction, Composites, Adhesives and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

In 2021, Toray Composite Materials America, Inc., a leading creator and provider of carbon fibre materials and advanced composite prepreg, has launched Toray 2700. Epoxy-based 2700 is a proprietary, high-performance resin aimed towards developing aerospace programmes.
New Solvent-Free Epoxy Coatings for Concrete Moisture Control and Protection launched by Euclid Chemical in 2021. Dural Aquatight 100 Plus and Dural 50 LM FS, two new epoxy-based products from a prominent maker of materials for the concrete and masonry construction industries, have been introduced to the company's line of epoxy-based products.

Analyst View:

Increasing the demand for the high performance resins are obtained by blending polymers, generally in coating industry and in the paint would drive the growth market. High viscosity, excellent color consistency, and good adhesion properties are the main characteristics for the growth market. Thus the coating industry and growing paint is the significant factors for the growth of the epoxy curing agent. High floatation in the prices of the raw materials for the epoxies are the restraining factor for the curing agent market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Epoxy Curing Agents Market, By Type (Amine-Based Curing Agents, Anhydride Curing Agents, and Other Curing Agents), By Application (Coatings, Electrical and Electronics, Wind Energy, Construction, Composites, Adhesives and Other Applications), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030”

Key Market Insights from the report:

Global Epoxy Curing Agents Market accounted for US$ 4.25 billion in 2020 and is estimated to be US$ 7.66 billion by 2030 and is anticipated to register a CAGR of 6.1%. The Global Epoxy Curing Agents Market is segmented by type, application, and region.

By type, the Global Epoxy Curing Agents Market is segmented into Amine-Based Curing Agents, Anhydride Curing Agents, and Other Curing Agents.
By Application, the Global Epoxy Curing Agents Market is segmented into Coatings, Electrical and Electronics, Wind Energy, Construction, Composites, Adhesives and Other Applications.
By region, the Global Epoxy Curing Agents Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Competitive Landscape:

The key players operating in the global epoxy curing agents market includes Evonik Industries, Cardolite Corporation, Dow Chemical Company, DIC Corporation, BASF SE, Hexicon Inc., Incorez Ltd., Gabriel Performance Products, Momentive Speciality Chemicals, and Brenteg Specialities Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period