Curing Agents Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Epoxy Curing Agent, Silicone Rubber, Polyurethane-Based Curing Agents, and Others), By Application (Adhesives, Coatings, Composites, Construction, Electrical & Electronics, Wind Energy, and Others), and Region Forecast 2020-2031  

Curing Agents Market size was valued at US$ 5.5 billion in 2024 and is expected to reach US$ 9.6 billion by 2031, growing at a significant CAGR of 8.2% from 2025-2031. 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 materials used has increased the total cost of products. This is likely to hamper the growth of the curing agents market in the forecast period. The market is surging owing to frequent acquisitions and launches by the market players. 

Key Developments: 

• In January 2017, Evonik Industries acquired the specialty additive division of Air Products and Chemicals (US) for US$ 3.8 billion. This acquisition helped Evonik increase its share in the global curing agents market.