Market Overview:
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.
Epoxy Curing Agent Market Trends:
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.
Key Market Segmentation:
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:
- 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
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
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.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| 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) |
Key Questions Answered in This Report:
- How has the global epoxy curing agent market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global epoxy curing agent market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global epoxy curing agent market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Epoxy Curing Agent Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Amines
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyamides
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Anhydrides
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Composites
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Paints and Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Adhesives and Sealants
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Electrical and Electronics
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End User
8.1 Building and Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Transportation
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Wind Power
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Aerospace
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Marine
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aditya Birla Management Corporation Pvt. Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Atul Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Cardolite Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Cargill Incorporated
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 Evonik Industries AG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Hexion Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Huntsman Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Kukdo Chemical Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Mitsubishi Chemical Holdings Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Olin Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Toray Industries Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Epoxy Curing Agent Market: Major Drivers and Challenges
Figure 2: Global: Epoxy Curing Agent Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Epoxy Curing Agent Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Epoxy Curing Agent Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Epoxy Curing Agent Market: Breakup by Application (in %), 2021
Figure 6: Global: Epoxy Curing Agent Market: Breakup by End User (in %), 2021
Figure 7: Global: Epoxy Curing Agent Market: Breakup by Region (in %), 2021
Figure 8: Global: Epoxy Curing Agent (Amines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Epoxy Curing Agent (Amines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Epoxy Curing Agent (Polyamides) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Epoxy Curing Agent (Polyamides) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Epoxy Curing Agent (Anhydrides) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Epoxy Curing Agent (Anhydrides) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Epoxy Curing Agent (Other Curing Agents) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Epoxy Curing Agent (Other Curing Agents) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Epoxy Curing Agent (Composites) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Epoxy Curing Agent (Composites) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Epoxy Curing Agent (Paints and Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Epoxy Curing Agent (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Epoxy Curing Agent (Adhesives and Sealants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Epoxy Curing Agent (Adhesives and Sealants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Epoxy Curing Agent (Electrical and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Epoxy Curing Agent (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Epoxy Curing Agent (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Epoxy Curing Agent (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Epoxy Curing Agent (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Epoxy Curing Agent (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Epoxy Curing Agent (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Epoxy Curing Agent (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Epoxy Curing Agent (Wind Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Epoxy Curing Agent (Wind Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Epoxy Curing Agent (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Epoxy Curing Agent (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Epoxy Curing Agent (Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Epoxy Curing Agent (Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Epoxy Curing Agent (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Epoxy Curing Agent (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Epoxy Curing Agent Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Epoxy Curing Agent Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Epoxy Curing Agent Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Epoxy Curing Agent Industry: SWOT Analysis
Figure 88: Global: Epoxy Curing Agent Industry: Value Chain Analysis
Figure 89: Global: Epoxy Curing Agent Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Epoxy Curing Agent Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Epoxy Curing Agent Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Epoxy Curing Agent Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Epoxy Curing Agent Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Epoxy Curing Agent Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Epoxy Curing Agent Market: Competitive Structure
Table 7: Global: Epoxy Curing Agent Market: Key Players