Epoxy Curing Agent Market 2022, Industry Size, Share & Forecast

According to the latest report by IMARC Group, titled, “Epoxy Curing Agent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, Offers a comprehensive analysis of the industry, which comprises insights on the global epoxy curing agent market revenue. The global epoxy curing agent market reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2027, exhibiting at a CAGR of 4.9% during 2022-2027.

Epoxy curing agents work efficiently when combined with epoxy resins, which are low molecular weight pre-polymers or higher molecular weight polymers. They have excellent bonding properties, mechanical strength, electrical insulation, and high chemical resistance. As a result, they are mixed with diluents, coupling agents, and fillers to improve the curing properties and feasibility.

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Market Trends

There is a rise in the utilization of epoxy curing agents in the construction industry worldwide. This, coupled with significant developments in lightweight composite materials, represents one of the key factors driving the market. In addition, they find applications in mechanical, aerospace, automobile, biomedical, marine, and manufacturing industries as epoxy curing agents have high durability, stiffness, flexural strength, and damping properties. Furthermore, their rising usage in producing wind rotor blades and other structural elements is fueling the market growth. Apart from this, the escalating demand for electronic products and automotive electronic equipment are offering lucrative growth opportunities to market players.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Aditya Birla Management Corporation Pvt. Ltd.
Atul Ltd.
BASF SE
Cardolite Corporation
Cargill Incorporated
Evonik Industries AG
Hexion Inc.
Huntsman Corporation
Kukdo Chemical Co. Ltd.
Mitsubishi Chemical Holdings Corporation
Olin Corporation
Toray Industries Inc.

The report has segmented the market based on product type, application and end user.

Breakup by Product Type:

Amines
Polyamides
Anhydrides
Others

Breakup by Application:

Composites
Paints and Coatings
Adhesives and Sealants
Electrical and Electronics
Others

Breakup by End User:

Building and Construction
Transportation
Wind Power
Aerospace
Marine
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

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