Introduction:

Curing Agents Market was valued at US$ 6.8 billion in 2024 and is projected to grow at a CAGR of 7.90% to reach US$ 13.6 billion by 2034.

A curing agent is a component that aids in the binding of various materials and helps in the formation of a cohesive link. Chemicals called curing agents are employed in the strengthening and hardening of several polymer compounds, including adhesives and resins. To enhance the polymer materials chemical and physical characteristics, such as chemical resistance, mechanical strength, and thermal stability, these additives are added throughout the manufacturing process. Through the forming of chemical bonds between the polymer molecules, the process of curing creates a network structure that gives the polymer substance the necessary qualities.

The market for curing agents is primarily fueled by an increasing need from a variety of sectors, including the marine industry, construction, and automotive sectors. Curing agents are used to accelerate the curing of composites and coatings, increasing productivity and reducing the manufacturing time. The market is anticipated to increase as a result of the growing need for high-performance materials and coatings that provide resistance to temperature, chemicals, and weather.

Curing agents are widely utilized in the manufacturing of coatings, adhesives, and composites, as they are essential for improving the end-products' durability and efficacy. The market is driven ahead by the growing demand for materials with superior performance in sectors including electronics, and aerospace. Particularly in demand are epoxy curing agents because of their exceptional adhesive qualities and adaptability. The market for curing agents is influenced by the worldwide shift towards green and sustainable solutions, which in turn drives the creation of eco-friendly substitutes. Innovations in curing agent formulations that meet particular application needs are expected to arise as long as industries continue to spend in research and development activities.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Curing Agents Market Key Drivers:

• Increasing Requirement of High Performance Materials

The development of improved curing agents is driven by the growing need across industries for materials that are lightweight, weather-resistant, and durable. This makes it possible for finished goods to function better and last longer. Curing agents are the substances that begin the cross-linking reactions in liquid resins which transform them into solid, high-performance materials. Additionally, the strength and rigidity of fiber-reinforced composites, such as carbon fibre, are contingent upon appropriate curing procedures which are supported by curing chemicals.

• Growing End-Use Sectors

The need for curing agents is fueled by the growth of final-use industries like wind energy, electronics, cars, and construction. For instance, the growing wind energy industry is using more curing agents to produce elements that are strong and lightweight. Also, curing agents improve varnishes, paints and coatings which are used in construction, automotive, industrial equipment, marine, and other applications by increasing their longevity, chemical resistance, and visual appeal.

 Curing Agents Market Restrains:

• Fluctuation in raw material prices & environmental standards

The market for curing agents has to confront several difficulties, such as volatile raw material prices and significant R&D expenses. Pricing plans, profit margins, and production costs are all impacted by price volatility, which presents difficulties for end users and market participants. Additionally, conventional curing agents face difficulties in complying with environmental standards that aim to minimize the use of hazardous volatile organic compounds (VOCs). These rules require manufacturers to adjust, which frequently raises the cost of production.

Curing Agents Market is segmented based on type, application, and region.

Type Insights

• Epoxy: Epoxy type is a dominating sector for the focused market. It has quite a large requirement in the construction sector.  The growth of this segment is because of its properties like superior strength, chemical resistance, adhesion, and adaptability.
• Polyurethane: Polyurethane curing agents provide versatility, adaptability, and durability in a range of final use applications, and are used in coatings, sealants, adhesives, and elastomers.
• Silicone Rubber: In silicone-based formulations, silicone rubber curing agents help to promote a cross-linking process that results in silicone elastomers with superior electrical insulation, adaptability, and resistance to heat.
• Others: This segment include catalysts and additives utilized in particular compositions, as well as curing agents including polyester, acrylic, and polyamide resins. Specialty curing agents like phenolics, anhydrides, and amines, are used for specific purposes.

Application Insights

• Coatings: Coatings industry is a dominating sector for the focused market. The growth of this segment can be attributed to the rise in need from fields like flooring, decorative coatings, can and coil coatings, and marine coatings.
• Electrical & Electronics: Electrical and electronic applications for curing agents consist of thermal interface materials, conformal coatings, potting compounds, and encapsulants. These agents provide insulation, covering and additional safety to electrical components.
• Composites: Curing agents are essential for fiber-reinforced polymers, which are used in the construction, automotive, and aerospace sectors to provide strength, stiffness, and dimensional consistency in this segment.
• Adhesives: The bonding qualities and longevity of various adhesives used in diverse sectors depend heavily on curing agents. The automotive, aerospace, construction, and electronics sectors make use of structural adhesives, pressure-sensitive adhesives, epoxy adhesives, and sealants.
• Construction: Construction segment makes use of concrete curing agents, which have a major impact on the market and also allows us to build sustainable infrastructure. It is used to provide features like durability, and waterproofing qualities while quickening the curing process.
• Wind Energy: In order to provide adequate curing and bonding of resin matrices with reinforcing fibres to survive extreme operating conditions, curing agents are employed in the fabrication of composite structures for wind turbine blades.
• Others: The others segment include applications with specific needs, such as medical equipment, rubber goods, and sealants.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Curing Agents Market Regional Insights

• North America market is estimated to witness fastest revenue share due to increasing usage of curing agents in sectors like automotive, aerospace, electronics, and construction fields.
• Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to increasing need for curing agents, which is driven by the steady increase in the production of goods for both local utilization and for export purposes. Additionally, expanding end-use industries and an increasing population have spurred innovation and advancements in these sectors.
• Europe has a well-established curing agent market and is estimated to grow steadily over the forecast period. With the rise in innovative products in the adhesives, composites, and coatings businesses, as well as the presence of strict environmental restrictions and sustainability programs in the region the focused market would show positive growth curve.
• Latin America market is an emerging region and is expanding steadily with the possibility of higher demand coming from the building and industrial sectors.
• Middle East & Africa market is in its developmental stages and is estimated to have prospects in fields like construction and building, along with developments in infrastructure, and oil and gas.

Report Scope:

Attribute	Details
Market Size 2024	US$ 6.8 billion
Projected Market Size 2034	US$ 13.6 billion
CAGR Growth Rate	7.90%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Type - Epoxy, Polyurethane, Silicone Rubber, and Others By Application - Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Curing Agents Market report based on type, application and region:

Curing Agents Market, By Type:

• Epoxy
• Polyurethane
• Silicone Rubber
• Others

Curing Agents Market, By Application:

• Coatings
• Electrical & Electronics
• Composites
• Adhesives
• Construction
• Wind Energy
• Others

Curing Agents Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating 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, and Gabriel. Kukdo Chemical Co. Ltd.

Recent Development:

• In March 2022, Evonik developed the "Pure Performance Battery" (PBB), a next-generation battery pack for electric vehicles, as a part of the VESTARO GmbH consortium. With the help of Evonik's curing agents and Sheet Moulding Compound (SMC) technology, this novel battery system provides the automobile industry with a safe, affordable, and lightweight substitute for traditional, bulkier metal-based alternatives.
• In June 2022, DIC Corporation announced a modification to the retail price of epoxy resins and curing agents for epoxy resins, which are used, among other things, as coatings and insulating materials for electronics components. The primary causes of this price increase for epoxy resins and epoxy resin curing agents are unexpected, and are due to exchange rate fluctuations and a rapid increase in utility expenses. The revised prices went into effect in July 2022.

• Evonik Industries*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• 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

 “*” marked represents similar segmentation in other categories in the respective section.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Type
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Curing Agents Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Epoxy
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Polyurethane
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Silicone Rubber
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Curing Agents Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Coatings
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Electrical & Electronics
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Composites
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Adhesives
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Construction
• Overview
• Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Wind Energy
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Curing Agents Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

 

• Evonik Industries
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Huntsman International LLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Cardolite Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• BASF SE
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Arnette Polymers
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• LLC.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Atul Ltd
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Campbell’s Plastics Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Epochemie- Epoxy Curing Agents
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Epoxy Base Electronics Corporation Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

 

The Last Word

• Future Impact
• About Us
• Contact