Global epoxy curing agents market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rapidly growing construction industry, increasing urban population, and growing composite industry. Composed of amine, polyamides, anhydrides poxy, curing agents are used to produce rigid and thermoset materials. The demand for epoxy curing agents is increasing from building and construction industry owing to their light-weight material properties. Stringent rules and quality standards are encouraging the use of lightweight materials such as epoxy curing agents in various industrial sectors such as aerospace, automotive, etc. Besides, high demand for epoxy curing agents in paints & coatings, smartphones, automotive electronics, equipment, etc, owing to their excellent thermal, electrical insulating, and mechanical properties is expected to fuel the growth of the global epoxy curing agents market in the coming years. The production of epoxy curing agents releases volatile organic compound (VOC), which is harmful for the environment and human health. Hence, this could be a restraining factor for the growth of the global epoxy curing agents market.
The global epoxy curing agents market is segmented on the basis of type, application, and region. Based on type, the market has been categorised into amine-based curing agents, anhydride curing agents. The amine-based curing agents are expected to dominate the market during the forecast period since they are more durable and chemical resistant. Based on application, the market has been segmented into coatings, construction, adhesives, composites, wind energy, electrical & electronics. The coatings segment is projected to lead the epoxy curing agents market due to good adhesion property, excellent colour stability and high viscosity. APAC region dominated the market in 2021 and is expected to maintain its dominance over the next five years as well owing to rapid industrialization, growing automotive industry in countries like China, India, Indonesia etc. and wide customer base in the region.
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Some of the leading players in the global epoxy curing agents market are Cardolite Corporation, Air Products and Chemicals Inc., Mitsubishi Chemical Corporation, Evonik Industries, BASF SE, Epoxy Base Electronic Material Co. Ltd., Atul Limited, Hexion Inc., Huntsman Corporation, Aditya Birla Chemicals (Thailand) Ltd. , etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type · By Application |
| Region scope | Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | Cardolite Corporation, Air Products and Chemicals Inc., Mitsubishi Chemical Corporation, Evonik Industries, BASF SE, Epoxy Base Electronic Material Co. Ltd., Atul Limited, Hexion Inc., Huntsman Corporation, Aditya Birla Chemicals (Thailand) Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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