Epoxy Curing Agent Anhydride Curing Agents Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing Others
Curing Agents Market size was valued at USD 4.26 Billion in 2022 and is anticipated to grow at USD 8 Billion by 2029, growing at a CAGR of 6.78 %from 2023-2029. Infrastructural developments in emerging economies, technological advancements in manufacturing, huge investments in R&D and high growth in emerging economies are some key factors influencing the market growth. In addition, the growing usage of epoxy resins in end-use industries is other major driver of the market. The curing agent is a chemical compound that helps the coated film solidify faster. It is also known as the hardener at times. Gel time, degree of curing, curing cycle, and viscosity are all affected by it. These can be found in a variety of products, including items, foods, concrete, polymer blends, and more. Curing agents are divided into three categories: The first category contains active hydrogen-containing chemicals and their derivatives, the second category includes anionic and cationic initiators, and the third category includes reactive cross-linkers with high equivalent weights that cross-link with the epoxy resins' secondary hydroxyl groups. Although the market is growing considerably, but growing cost of raw material used has increased the total cost of products. This is likely to hamper the growth of curing agents market in the forecast period. Global Curing Agents market is surging owing to frequent acquisitions and launchings by the market players.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The curing agents market is anticipated to witness significant growth in the future due to increasing coatings and construction industries. The fatigue performance of curing agents increases the composite mechanical properties in rotor blades, thus improving the performance of wind turbines. Owing to the increasing demand from the construction industry and wind energy industries the curing agents market is growing at a rapid rate. Curing agents are preferred for wind blade fabrications due to their high sheer, compressive strength, and low weight. With the development in technology, manufacturers of curing agents are coming up with new products and systems to help the manufacturers in the wind industry. Moreover, the market in emerging economies dominated the Europe Curing Agent Market due to the high demand from wind energy and construction industry.
Global Curing Agents market report gives comprehensive outlook on Curing Agents across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific accounted for larger revenue share in global Curing Agents market with considerable CAGR. APAC is the most likely end-use market and is anticipated to continue the same in the near future. The constant rise in the manufacturing of products for use within the region and for exports drives the demand for curing agents. While the North American region is expected to grow between 2021 and 2027 as a result of the growing need for wind energy optimization. Rising population and increasing end-use industries have led to innovation and developments in the end-use industries, making it a strong application industry hub.
Latin America
Europe
Asia Pacific
Middle East
North America
Epoxy Curing Agent Anhydride Curing Agents Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing Others
The curing agents market size was valued at USD 4.26 billion in 2022
The curing agents market key players are: Aditya Birla Chemicals (India) BASF SE (Germany) Campbell Plastics (UK) Cardolite (US) Cargill, Incorporated (US) Evonik Industries AG (Germany) GABRIEL (US) Hexion (US) Huntsman International LLC (US) KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan) Mitsubishi Chemical Corporation (Japan)
The curing agents market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Curing Agents Market Introduction |
| 2.1.Global Curing Agents Market - Taxonomy |
| 2.2.Global Curing Agents Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Geography |
| 2.2.4.Region |
| 3. Global Curing Agents Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID-19 on Market |
| 4. Global Curing Agents Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Curing Agents Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Epoxy Curing Agent Anhydride Curing Agents |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Curing Agents Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Adhesives, |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Coatings, |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Composites, |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Construction, |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Electrical & Electronics |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Wind Energy, |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. Global Curing Agents Market By Geography, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Asia Pacific |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Europe |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Curing Agents Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Curing Agents Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Epoxy Curing Agent Anhydride Curing Agents |
| 9.1.2.Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 9.1.3.Others |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Adhesives, |
| 9.2.2.Coatings, |
| 9.2.3.Composites, |
| 9.2.4.Construction, |
| 9.2.5.Electrical & Electronics |
| 9.2.6.Wind Energy, |
| 9.2.7.Others |
| 9.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.North America |
| 9.3.2.Asia Pacific |
| 9.3.3.Europe |
| 9.3.4.Latin America |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Curing Agents Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Epoxy Curing Agent Anhydride Curing Agents |
| 10.1.2.Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 10.1.3.Others |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Adhesives, |
| 10.2.2.Coatings, |
| 10.2.3.Composites, |
| 10.2.4.Construction, |
| 10.2.5.Electrical & Electronics |
| 10.2.6.Wind Energy, |
| 10.2.7.Others |
| 10.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.North America |
| 10.3.2.Asia Pacific |
| 10.3.3.Europe |
| 10.3.4.Latin America |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Curing Agents Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Epoxy Curing Agent Anhydride Curing Agents |
| 11.1.2.Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 11.1.3.Others |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Adhesives, |
| 11.2.2.Coatings, |
| 11.2.3.Composites, |
| 11.2.4.Construction, |
| 11.2.5.Electrical & Electronics |
| 11.2.6.Wind Energy, |
| 11.2.7.Others |
| 11.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.North America |
| 11.3.2.Asia Pacific |
| 11.3.3.Europe |
| 11.3.4.Latin America |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Curing Agents Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Epoxy Curing Agent Anhydride Curing Agents |
| 12.1.2.Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 12.1.3.Others |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Adhesives, |
| 12.2.2.Coatings, |
| 12.2.3.Composites, |
| 12.2.4.Construction, |
| 12.2.5.Electrical & Electronics |
| 12.2.6.Wind Energy, |
| 12.2.7.Others |
| 12.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.North America |
| 12.3.2.Asia Pacific |
| 12.3.3.Europe |
| 12.3.4.Latin America |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Curing Agents Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Epoxy Curing Agent Anhydride Curing Agents |
| 13.1.2.Amine-Based Curing Agents Other Epoxy Curing Agents Silicone Rubber Polyurethane-Based Curing |
| 13.1.3.Others |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Adhesives, |
| 13.2.2.Coatings, |
| 13.2.3.Composites, |
| 13.2.4.Construction, |
| 13.2.5.Electrical & Electronics |
| 13.2.6.Wind Energy, |
| 13.2.7.Others |
| 13.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.North America |
| 13.3.2.Asia Pacific |
| 13.3.3.Europe |
| 13.3.4.Latin America |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Aditya Birla Chemicals (India) |
| 14.2.2.BASF SE (Germany) |
| 14.2.3.Campbell Plastics (UK) |
| 14.2.4.Cardolite (US) |
| 14.2.5.Cargill, Incorporated (US) |
| 14.2.6.Evonik Industries AG (Germany) |
| 14.2.7.GABRIEL (US) |
| 14.2.8.Hexion (US) |
| 14.2.9.Huntsman International LLC (US) |
| 14.2.10.KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan) |
| 14.2.11.Mitsubishi Chemical Corporation (Japan) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |