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    Research Reports

    Epoxy Curing Agents Market is estimated to surpass US$ 4 Bn by the end of 2028

    Published by Uma Rajagopal

    Posted on February 4, 2022

    Featured image for article about Research Reports

     

     

    The US$ 2.45 Bn global epoxy curing agents market is estimated to surpass US$ 4 Bn by the end of 2028, according to a recent research report published by Future Market Insights. In terms of value, the market is apprehended to exhibit a progressive CAGR of 5% over the assessment period, 2022-2028. Successful emergence of bio-based and water-based epoxy curing agents is expected to drive the market during the next 10 years.

    “Increasing consumption of epoxy resins by electrical laminate manufacturers and substantial demand for printed circuit boards (PCBs), which are widely used in electronic products manufacturing, will collectively push the market for epoxy curing agents over the next decade. The market will also gain a significant thrust by fuel-efficiency regulations set for the use of lightweight materials by automakers and aerospace component manufacturers,” discovers a team of research analysts at Future Market Insights.

    Get a Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-611

    Segmental Insights

    • By product type, amines and polyamines represent a dominant segment, whereas amides and polyamides are identified to be the fastest thriving segment.
    • Based on application, paints, coatings, and inks will continue to retain a dominant revenue share, followed by a rapidly growing segment – composites.
    • By end-use, construction, electrical and electronics, and automotive and aerospace industries are likely to remain the key segments from 2018 till 2028.

    China to Remain at the Center Stage in Terms of Revenue Generation

    As per the insights provided through regional assessment, the global market for epoxy curing agents has been led by China over the years. The Chinese market currently accounts for a major chunk of global revenues, i.e. nearly 45%. This growth is predominantly attributed to hefty consumption of epoxy agents by paints, coatings, and ink industry. Moreover, China has been witnessing fostering demand for coatings, specifically from automotive, floorings, and manufacturing industries, which will further result in bolstering traction to epoxy curing agents in near future. Western Europe is foreseen to secure the second position in terms of revenue contribution, owing to high demand for renewable energy resources.

    Emerging Economies to Rise Rapidly Despite Low-volume Market Sizes

    While North America is presumed to observe sluggish growth throughout the forecast period, it has been reported that developing countries in emerging economies such as Latin America, South East Asia Pacific (SEAP), and Middle East and Africa (MEA) will encounter with attractive opportunities in upcoming years. The developing regions are foreseen to be the ‘high-growth, low-volume’ markets for epoxy curing agents. SEAP is anticipated to thrive at a promising CAGR of around 5.2% over 2018-2028, led by India, Thailand, and South Korea. ASEAN countries are projected to open multiple doors of opportunities for power generation and construction industries.

    Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-611

    Key Player Insights

    The relatively consolidated competitive landscape of the global epoxy curing agents market is operated by a number of key companies, a few of which include BASF SE, Evonik Industries AG, Aditya Birla Corporation, Olin Corporation, Gabriel Performance Products, Toray Fine Chemicals, Hexion Inc., Showa Denko KK, and Mitsubishi Chemical Corporation. Besides the dominant players such as Huntsman Corporation, Olin Corporation, and Evonik Industries AG, the global marketplace is also benefiting from crucial contribution by several regional as well as local companies.

    Epoxy Curing Agents Market by Category

    By Product:

    • Amines and Polyamines
    • Amides and Polyamides
    • Anhydrides
    • Phenolic
    • Others

    By Application:

    • Paints, coatings and inks
    • Adhesives and Sealants
    • Composites

    By End Use:

    • Construction
    • Electrical and electronics
    • Power Generation
    • Automotive and Transportation
    • Marine
    • Others

    By Region

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • Asia Pacific excluding Japan (APEJ)
    • Middle East & Africa
    • Japan

    Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-611

    Explore FMI’s Extensive Coverage on Chemicals & Materials Domain

    Sulphur Coated Urea Market: Growing concerns over sustainability and cost minimisation in the agriculture sector is driving demand for sulphur coated urea globally.

    Alumina Trihydrate Market: The market is forecast to exhibit compound annual growth rate (CAGR) of 7.7% during the forecast period, reaching a volume of around 11,098.9 KT by 2031 end.

    Pearlescent Pigment Market: Globally, the revenue generated from sales of pearlescent pigment is estimated to be around US$ 2,705.2 Mn in 2015, and is projected to expand at a CAGR of 4.1%, during the forecast period 2015-2025.

    About Future Market Insights (FMI)

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

    Contact:

    Corporate Headquarter 

    Future Market Insights, 

    1602-6 Jumeirah Bay X2 Tower,

    Plot No: JLT-PH2-X2A,

    Jumeirah Lakes Towers, Dubai,

    United Arab Emirates

    For Sales Enquiries: [email protected]

    For Media Enquiries: [email protected]

    Website: https://www.futuremarketinsights.com/

    Report: https://www.futuremarketinsights.com/reports/epoxy-curing-agents-market

    Press Release Source: https://www.futuremarketinsights.com/press-release/epoxy-curing-agents-market

     

     

    The US$ 2.45 Bn global epoxy curing agents market is estimated to surpass US$ 4 Bn by the end of 2028, according to a recent research report published by Future Market Insights. In terms of value, the market is apprehended to exhibit a progressive CAGR of 5% over the assessment period, 2022-2028. Successful emergence of bio-based and water-based epoxy curing agents is expected to drive the market during the next 10 years.

    “Increasing consumption of epoxy resins by electrical laminate manufacturers and substantial demand for printed circuit boards (PCBs), which are widely used in electronic products manufacturing, will collectively push the market for epoxy curing agents over the next decade. The market will also gain a significant thrust by fuel-efficiency regulations set for the use of lightweight materials by automakers and aerospace component manufacturers,” discovers a team of research analysts at Future Market Insights.

    Get a Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-611

    Segmental Insights

    • By product type, amines and polyamines represent a dominant segment, whereas amides and polyamides are identified to be the fastest thriving segment.
    • Based on application, paints, coatings, and inks will continue to retain a dominant revenue share, followed by a rapidly growing segment – composites.
    • By end-use, construction, electrical and electronics, and automotive and aerospace industries are likely to remain the key segments from 2018 till 2028.

    China to Remain at the Center Stage in Terms of Revenue Generation

    As per the insights provided through regional assessment, the global market for epoxy curing agents has been led by China over the years. The Chinese market currently accounts for a major chunk of global revenues, i.e. nearly 45%. This growth is predominantly attributed to hefty consumption of epoxy agents by paints, coatings, and ink industry. Moreover, China has been witnessing fostering demand for coatings, specifically from automotive, floorings, and manufacturing industries, which will further result in bolstering traction to epoxy curing agents in near future. Western Europe is foreseen to secure the second position in terms of revenue contribution, owing to high demand for renewable energy resources.

    Emerging Economies to Rise Rapidly Despite Low-volume Market Sizes

    While North America is presumed to observe sluggish growth throughout the forecast period, it has been reported that developing countries in emerging economies such as Latin America, South East Asia Pacific (SEAP), and Middle East and Africa (MEA) will encounter with attractive opportunities in upcoming years. The developing regions are foreseen to be the ‘high-growth, low-volume’ markets for epoxy curing agents. SEAP is anticipated to thrive at a promising CAGR of around 5.2% over 2018-2028, led by India, Thailand, and South Korea. ASEAN countries are projected to open multiple doors of opportunities for power generation and construction industries.

    Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-611

    Key Player Insights

    The relatively consolidated competitive landscape of the global epoxy curing agents market is operated by a number of key companies, a few of which include BASF SE, Evonik Industries AG, Aditya Birla Corporation, Olin Corporation, Gabriel Performance Products, Toray Fine Chemicals, Hexion Inc., Showa Denko KK, and Mitsubishi Chemical Corporation. Besides the dominant players such as Huntsman Corporation, Olin Corporation, and Evonik Industries AG, the global marketplace is also benefiting from crucial contribution by several regional as well as local companies.

    Epoxy Curing Agents Market by Category

    By Product:

    • Amines and Polyamines
    • Amides and Polyamides
    • Anhydrides
    • Phenolic
    • Others

    By Application:

    • Paints, coatings and inks
    • Adhesives and Sealants
    • Composites

    By End Use:

    • Construction
    • Electrical and electronics
    • Power Generation
    • Automotive and Transportation
    • Marine
    • Others

    By Region

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • Asia Pacific excluding Japan (APEJ)
    • Middle East & Africa
    • Japan

    Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-611

    Explore FMI’s Extensive Coverage on Chemicals & Materials Domain

    Sulphur Coated Urea Market: Growing concerns over sustainability and cost minimisation in the agriculture sector is driving demand for sulphur coated urea globally.

    Alumina Trihydrate Market: The market is forecast to exhibit compound annual growth rate (CAGR) of 7.7% during the forecast period, reaching a volume of around 11,098.9 KT by 2031 end.

    Pearlescent Pigment Market: Globally, the revenue generated from sales of pearlescent pigment is estimated to be around US$ 2,705.2 Mn in 2015, and is projected to expand at a CAGR of 4.1%, during the forecast period 2015-2025.

    About Future Market Insights (FMI)

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

    Contact:

    Corporate Headquarter 

    Future Market Insights, 

    1602-6 Jumeirah Bay X2 Tower,

    Plot No: JLT-PH2-X2A,

    Jumeirah Lakes Towers, Dubai,

    United Arab Emirates

    For Sales Enquiries: [email protected]

    For Media Enquiries: [email protected]

    Website: https://www.futuremarketinsights.com/

    Report: https://www.futuremarketinsights.com/reports/epoxy-curing-agents-market

    Press Release Source: https://www.futuremarketinsights.com/press-release/epoxy-curing-agents-market

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