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Epoxy Curing Agents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

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Curing agents (hardeners) are a type of chemical additives added to base resins to toughen or harden them. Epoxy curing agents contain epoxide functional group. The choice of epoxy curing agents depends on the base resin as well as the required degree of toughness. Each epoxy curing agent has its own set of characteristics that defines the degree of curing and time. Commonly used epoxy curing agents are based on aliphatic, cycloaliphatic, polyamide, mercaptan, amidoamine, and others. Epoxy curing agents are commonly utilized in metal coatings, concrete coatings, adhesives, and composite applications. These agents are majorly employed as primers for protective coatings. Rising demand for epoxy curing agents in the construction and automotive industries is likely to drive the global epoxy curing agents market in the next few years.

Epoxy curing agents are primarily used for coating purposes. Furthermore, composites and adhesives applications are the potential segments where epoxy curing agents can be utilized. Epoxy curing agents of mercaptan blends offer superior applications in various markets such as construction, protective coatings, civil engineering, adhesives, automotive adhesives, and car body repair. Polyamidoamide is an epoxy curing agent, and it provides excellent adhesion on difficult-to-wet and humid substrates. Therefore, it is used as structural adhesive, primer on concrete, and pigmented anticorrosion coating on steel. Epoxy curing agents such as aliphatic and cycloaliphatic offer good flexibility, therefore they are suitable for casting resins, coatings, and embedding compound. Tertiary amines are employed to catalyze epoxy systems. Furthermore, aliphatic and cycloaliphatic epoxy curing agents provide tack-free surface and are suitable for crack bridging applications. Thus, epoxy curing agents are increasingly used in end-user industries such as automotive coatings and wood coatings across the globe.

The epoxy curing agents market exhibits strong potential in Asia Pacific due to increase in the number of manufacturing facilities of global and upcoming domestic players in the region. North America and Europe follow Asia Pacific in terms of market share. Additionally, some countries in the Middle East offer high potential for epoxy curing agents due to rise in the number of construction activities.  Robust economic expansion in China and India is likely to positively impact the global consumption of epoxy curing agents. A robust automotive industry in Europe is estimated to boost the expansion of the epoxy curing agents market during the forecast period. Numerous end-user industries are focusing on development of epoxy curing agents in order to meet the rising demand of the increasing population. Demand for epoxy curing agents is estimated to witness a significant rise in the near future across the globe, primarily due to their potential application in the coatings, composites, and adhesives industries. Global players are focusing on research and development activities to develop products with superior properties. This is projected to help companies gain higher market share. Furthermore, expansion of the automobile and construction industries is anticipated to propel the demand for epoxy curing agents during the forecast period. Subsequently, the global epoxy curing agents market is likely to expand significantly in the near future.

Key companies operating in the epoxy curing agents market include BASF SE, Air Products and Chemicals, Inc., Hexion, Evonik Industries, Huntsman International LLC, Cardolite Corporation, Kukdo Chemical Co., Ltd., The Dow Chemical Company, Gabriel Performance Products, Aditya Birla Chemicals, and Mitsubishi Chemical Corporation. Companies are investing considerable sums in research & development to discover the untapped potential of epoxy curing agents in different applications such as electrical laminates, marine and maintenance coatings, and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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