Epoxy curing agents are witnessing burgeoning demand, owing to their high mechanical strength, superior bonding property, and corrosion resistance, in industrial applications such as paints, coating, and inks. The latest Fact.MR report finds that the epoxy curing agents market surpassed US$ 2.45 billion in 2018, and epoxy curing agents are extensively used in various end-use industries, especially in developing countries, will boost the market in the coming future.
“Epoxy curing agents are chemical additives with an epoxide functional group and they are added to various types of resins to modify their mechanical properties and toughen them. Increasing applications for epoxy curing agents in the manufacturing electrical laminate and other components used in electronic products is expected to play a pivotal role in growth of the epoxy curing agents. Thereby, increasing applications of epoxy curing agents in the manufacturing of electronic products manufacturing will collectively will boost the epoxy curing agents market growth over the next decade,” according to Fact.MR.
China to Spearhead the Market Growth with a Hefty Revenue Share
The incremental growth prospects of the epoxy curing agents market are predominantly attributing to exponentially increasing consumption of epoxy curing agents in the paints, coatings, and ink industry in developing countries. The Fact.MR report finds that China accounts for nearly 45% revenue share in the epoxy curing agents market with maximum consumption in rapidly-growing end-user industries in the country.
The automotive industry is China has been witnessing robust growth since the past few years, and increasing automotive production in the country continues to create lucrative growth opportunities for stakeholders in the epoxy curing agents market. Moreover, floorings and manufacturing industries hold a significant share in the impressive growth of the epoxy curing agents market in China. Thereby, epoxy curing agents market is gaining traction in the Asia-Pacific region to become the most lucrative region followed by Western Europe, according to the Fact.MR report.
Interested market participants and readers can peruse the global market KW report to get insights into and evaluation of:
- Key growth drivers and restraints, trends and opportunities, and major challenges influencing the adoption rate of offerings by various players in the epoxy curing agents market
- Major research and product development projects
- Promising technologies and favorable regulations in key regions
- Segments that will lose or gain shares in the next few years
- Value chain of key vendors and manufacturers
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The epoxy curing agents market report provides estimations and the market sizing and prospects of various regions. To this end, the study makes in-depth segmentation of the following key regions:
- North America
- Latin America
- Eastern Europe
- Western Europe
- China
- Japan
- Middle East and Africa
The study also takes a closer look at the prevailing regulatory and macroeconomic frameworks and in the key country markets.
Fact.MR has been closely tracking shares and size, and factors shaping the demand and consumption dynamics of various offering by key players in the epoxy curing agents market over the past several years. To this end, the study segments the epoxy curing agents market on the following product types:
- Amines and Polyamines
- Amides and Polyamides
- Anhydrides
- Phenolic
The report, in order to offer a comprehensive assessment of the growth dynamics shaping the prospects of end users, segments the overall epoxy curing agents market into:
- Construction
- Electrical and Electronics
- Power Generation
- Automotive and Aerospace
- Marine
Detailed profiling of the competitive landscape include following players:
- Huntsman Corporation
- Olin Corporation
- Hexion Inc.
- Evonik Industries AG
- BASF SE
- Cargill Incorporated
- Mitsubishi Chemical Corporation
- DIC Corporation
- Showa Denko KK
- Aditya Birla Corporation
- Toray Fine Chemicals Co. Ltd
- Gabriel Performance Products
- Rampf-Gruppe
- Cardolite Corporation
- Shandong Deyuan Epoxy Resin Co.
- Kylin Chemicals Co., Ltd.
- Incorez Ltd.
- DOW Chemical Company
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Fact.MR strives to offer market analytics and business intelligence solutions to guide businesses in better strategy formulations in the epoxy curing agents market.
The epoxy curing agents market report will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the epoxy curing agents market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global epoxy curing agents market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
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