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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Epoxy curing agents are widely utilized to cure epoxy resins by reacting with the epoxide groups or producing the self-polymerization of the epoxy group via catalytic action. They have excellent bonding properties, mechanical strength, electrical insulation, and high chemical resistance. Some of the commonly used epoxy curing agents include amines, polyamide resin, tertiary and secondary amines, imidazole, polymercaptan curing agents, and anhydrides. Presently, curing agents for epoxy resins are mixed with diluents, coupling agents, fillers, and other agents to improve the curing properties and workability.
There is currently a rise in the utilization of epoxy curing agents in the construction industry across the globe. This, along with significant developments in lightweight composite materials, represents one of the key factors bolstering the growth of the market. Besides this, as the reaction of curing agents with epoxy resins results in thermoset materials, which are further employed as composites, they find extensive applications in mechanical, aerospace, automobile, biomedical, marine, and manufacturing industries worldwide. This can be attributed to the high durability, stiffness, flexural strength, damping property, and resistance against wear, corrosion, impact, and fire. In addition, there is a considerable increase in residential construction activities around the world on account of inflating per capita incomes of individuals and increasing population migration from rural to urban areas. This, coupled with the growing demand for electronic products, such as smartphones and automotive electronic equipment, is also driving the market. Furthermore, due to rising environmental concerns, leading market players are focusing on developing eco-friendly epoxy curing agents to expand their existing consumer base and overall sales. This is projected to create a favorable market outlook.
IMARC Group provides an analysis of the key trends in each sub-segment of the global epoxy curing agent market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
Breakup by Application:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Toray Industries Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Application, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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 and Toray Industries Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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