The Global Epoxy Curing Agents Market report 2018-2027 has been prepared By MarketResearch.Biz, based on a deep market analysis with inputs from industry experts. This report covers the market landscape, size, key players, segmentation, production, revenue and its growth prospects for the upcoming years.
Curing agents are a special type of additives that are used to harden resins globally. Curing agents are also known as cross-linking agents. Epoxy resins are low molecular weight pre-polymers or higher molecular weight polymers. Selecting the right curing agent, is of prime importance, as it influences the viscosity, reactivity and working time of resins in mechanical, chemical and optical properties specifically. Epoxy curatives works effectively when combined with epoxy resins and reactive modifiers to meet a variety of application challenges. Curing agents used in to epoxy resin contains epoxide functional group. Selection of epoxy curing agents is totally based upon the type of resin and requires a degree of hardness. Each epoxy curing agent has its own properties – which describes the degree of curing as well as the time required to cure the resin.
Epoxy Curing Agents Market Outlook:
Availability of wide range of applications in industrial coatings, automotive applications, metal-to-metal adhesives, and electronic potting sectors is a major factor driving the growth of the global market over the forecast period. Growing demand for epoxy curing agents-based resin formulations, especially from paints and coatings industry is another major factor driving the growth of the target market. In addition, rising demand for epoxy resin-based composites in aerospace and wind energy industries is supporting the growth of the global market over the forecast period.
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By product type:
- Others (phenolic, mercaptans, and polysulfides)
By industry vertical:
- Building & construction
- Electrical & electronics
- Wind energy
- Others (Marine and Adhesives)
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Epoxy Curing Agents Market by Region:
The market in the Asia Pacific is expected to hold highest market share in terms of revenue and is expected to continue its dominancy over the forecast period, owing to rising infrastructure facilities and support from various government and private organizations in the region. India and China are expected to hold market share in the Asia Pacific region. China is, one of the largest producer of epoxy curing agents, worldwide and is expected to dominate the overall global consumption of epoxy curing agents in the near future.
The market in Europe is expected to hold the second largest market share in terms of revenue over the forecast period, owing to rising automobile sector and expansion of market by major players in the region.