Curing Agents Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Curing Agents Market: 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 Geography

 

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Report

Description

Curing Agents Market was valued at USD 4.26 Billion in 2020 and is anticipated to grow at USD 8 Billion by 2027, growing at a CAGR of 6.78 % during the forecast period 2021-2027. 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. For Instance, In January 2017, Evonik Industries acquired the specialty additive division of Air Products and Chemicals (US) for USD 3.8 billion. This acquisition helped Evonik increase its share in the global curing agents market.

Curing Agents Market

MARKET SUMMARY
-
6.78 %
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 6.78 %
  • Largest Market–Asia-Pacific
  • Fastest Growing Market– North America

Curing Agents Market

  • The report on global Curing Agents market gives historical, current, and future market sizes (US$ Bn) on the basis of type, application and region.
  • This report studies global Curing Agents market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global Curing Agents market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global Curing Agents market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of the global Curing Agents market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Curing Agents products.
Market Key Players
  • Aditya Birla Chemicals
  • BASF SE
  • Campbell Plastics
  • Cardolite
  • Cargill, Incorporated
  • Evonik Industries AG
  • GABRIEL
  • Hexion
  • Huntsman International LLC
  • KUMIAI CHEMICAL INDUSTRY CO., LTD.
  • Mitsubishi Chemical Corporation
Growth

Curing Agents 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.


Asia-Pacific Got Significant Share

Curing Agents Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Curing Agents Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. Global HBPA Epoxy Resin Market Introduction

2.1. Global HBPA Epoxy Resin  Market – Taxonomy

2.2. Global HBPA Epoxy Resin  Market –Definitions

2.2.1. Physical Form

2.2.2. Application

  1. Global HBPA Epoxy Resin Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global HBPA Epoxy Resin  Market Dynamic Factors – Impact Analysis

3.6. Global HBPA Epoxy Resin  Market – Competition Landscape

  1. Global HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Global HBPA Epoxy Resin Market, By Physical Form, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.1. Solid

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Liquid

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

  1. Global HBPA Epoxy Resin Market Forecast, By Application,, 2014 – 2018 and Forecast, 2019 – 2025

6.1. E&E Coatings

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Industrial Coatings

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

  1. Global HBPA Epoxy Resin Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.1. North America

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Europe

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Asia-Pacific

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

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, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Middle East and Africa

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Global HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Region, 2019 – 2025

  1. North America HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

8.1. Physical Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Liquid

8.1.2. Solid

8.2. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

8.2.1. E&E Coatings

8.2.2. Industrial Coatings

8.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

8.3.1. U.S.

8.3.2. Canada

8.4. North America HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Country, 2019 – 2025

8.5. North America HBPA Epoxy Resin  Market Dynamics – Trends

  1. Europe HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

9.1. Physical Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Liquid

9.1.2. Solid

9.2. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. E&E Coatings

9.2.2. Industrial Coatings

9.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.3.1. Germany

9.3.2. UK

9.3.3. France

9.3.4. Spain

9.3.5. Italy

9.3.6. Russia

9.3.7. Rest of Europe

9.4. Europe HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Country, 2019 – 2025

9.5. Europe HBPA Epoxy Resin  Market Dynamics – Trends

  1. Asia-Pacific HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

10.1. Physical Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Liquid

10.1.2. Solid

10.2. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. E&E Coatings

10.2.2. Industrial Coatings

10.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.3.1. Japan

10.3.2. China

10.3.3. India

10.3.4. ASEAN

10.3.5. Rest of Asia-Pacific

10.4. Asia-Pacific HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Country, 2019 – 2025

10.5. Asia-Pacific HBPA Epoxy Resin  Market Dynamics – Trends

  1. Latin America HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

11.1. Physical Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Liquid

11.1.2. Solid

11.2. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. E&E Coatings

11.2.2. Industrial Coatings

11.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.3.1. Brazil

11.3.2. Mexico

11.3.3. Argentina

11.3.4. Chile

11.3.5. Rest of Latin America

11.4. Latin America HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Country, 2019 – 2025

11.5. Latin America HBPA Epoxy Resin  Market Dynamics – Trends

  1. Middle East and Africa HBPA Epoxy Resin Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

12.1. Physical Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Liquid

12.1.2. Solid

12.2. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. E&E Coatings

12.2.2. Industrial Coatings

12.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.3.1. South Africa

12.3.2. Gulf Cooperation Council (GCC) Countries

12.3.3. Rest of MEA

12.4. MEA HBPA Epoxy Resin  Market – Opportunity Analysis Index, Physical Form, Application, and Country, 2019 – 2025

12.5. MEA HBPA Epoxy Resin  Market Dynamics – Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

13.2.1. Hexion (US)

13.2.2. Atul Chemicals (India)

13.2.3. New Japan Chemical Company (Japan)

13.2.4. Aditya Birla Chemicals (India)

13.2.5. Kukdo Chemicals (South Korea)

13.2.6. Anhui Xinyuan Chemical Company (China)

13.2.7. SIR Industriale (Italy)

13.2.8. Emerald Performance Material (US)

13.2.9. Nagase America Corporation (US)

13.2.10. Huntsman Corporation (US)

  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • 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)

Description

Curing Agents Market was valued at USD 4.26 Billion in 2020 and is anticipated to grow at USD 8 Billion by 2027, growing at a CAGR of 6.78 % during the forecast period 2021-2027. 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. For Instance, In January 2017, Evonik Industries acquired the specialty additive division of Air Products and Chemicals (US) for USD 3.8 billion. This acquisition helped Evonik increase its share in the global curing agents market.

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