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Epoxy Curing Agents Market, applications & regional performance 2016 – 2024

Author: Josh Barkar
by Josh Barkar
Posted: May 15, 2017

Epoxy Curing Agents Market size demand is driven by growing applications in paint and coatings industry. Superior bonding property, higher mechanical strength and corrosion resistance are the factors which are increasing product consumption.

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Increasing demand from high performance resins obtained by mixture of polymer along with product in applications such as composites, electrical and electronics, adhesive, construction, paint and coatings industry will drive the epoxy curing agents market growth.

The differentiating factor of Epoxy Curing Agents Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focussed multiple trends for Epoxy Curing Agents industry are discussed along with regional trends to offer an overall view of the market. The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Epoxy Curing Agents Market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Epoxy Curing Agents Market support this sector specific data and information points.

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Market can be further segmented as phenols and thiols. Growing specified demand from various industries such as aerospace, automotive and oil fields is anticipated to drive the industry growth of this product segment. Increasing use as a corrosion inhibitors in refineries will drive the epoxy curing agents market size.

Coating segment is projected to be the dominant segment among the epoxy curing agents market with a share of over 30%. Good adhesion property, excellent color stability and high viscosity are the key properties for industry growth.

Wind energy, electrical and electronic segment is among the fastest growing segment. Growing product penetration in renewable energy is among the major factor for rising industry demand.

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Stringent environmental regulations in the European region regarding limiting the use of volatile organic solvents may act as a challenge for epoxy curing agents market growth in region. Benzyl alcohol used as modifier is considered as VOC and content for same is regulated depending upon its usage.

Rising research and development in various new applications such as electrical laminates, maintenance coatings and marine coatings to provide customized properties according to the requirement is among the key strategies for industry growth. In addition to this, to suffice the rising demand of product, substantial investment in R&D activities is required to capture the epoxy curing agents market share in the forecasted period.

Global epoxy curing agents market share is fragmented with numerous key player including BASF, Hexicon Inc., Evonik Industries, Incorez Ltd., Momentive specialty chemicals, Huntsman Corporation and DOW Chemical Company. Other prominent players include Gabriel Performance products, Mitsubishi Chemicals, Cardolite Corporation. Brenteg specialties Inc, Aditya Birla Chemicals and DIC corporation

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services

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Author: Josh Barkar

Josh Barkar

Member since: Apr 18, 2017
Published articles: 48

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