Global Curing Agents Market Segmentation, By Type (Epoxy Curing Agent, Polyurethane-Based Curing Agents, Silicone Rubber, and Others), Application (Coatings, Electrical and Electronics, Wind Energy, Construction, Composites, Adhesives, and Others) - Industry Trends and Forecast to 2032
Curing Agents Market Size
- The global curing agents market size was valued at USD 6.30 billion in 2024 and is expected to reach USD 10.82 billion by 2032, at a CAGR of 7.00% during the forecast period
- This growth is driven by factors such as demand from construction and automotive, growth in wind energy and electronics, and eco-friendly curing solutions
Curing Agents Market Analysis
- Curing agents are essential chemical components used to harden or set polymer materials such as epoxies, polyurethanes, and unsaturated polyesters. They are critical in enhancing the performance, strength, and durability of coatings, adhesives, and composites across various industries
- The market is experiencing steady growth, driven by increasing demand from construction, automotive, and electronics sectors, coupled with the shift toward high-performance, environmentally friendly materials
- Asia-Pacific is expected to dominate the curing agents market with a share of 36.34% due to its growing population and rapid industrialization, which are driving demand across various end-use industries such as construction, automotive, and electronics
- North America is expected to be the fastest growing region in the curing agents market during the forecast period due to increasing demand for advanced materials in sectors such as wind energy, automotive, and aerospace
- Epoxy curing agent segment is expected to dominate the market with a market share of 40.93% due to its widespread use in construction, automotive, and electronics industries, driven by its superior mechanical properties, strong adhesion, and chemical resistance, making it a preferred choice for high-performance applications
Report Scope and Curing Agents Market Segmentation
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Attributes
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Curing Agents Key Market Insights
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Segments Covered
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Countries Covered
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North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players
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Market Opportunities
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Value Added Data Infosets
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
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Curing Agents Market Trends
“Rising Demand for Eco-Friendly, Low-VOC Curing Agents”
- One prominent trend in the global curing agents market is the rising demand for eco-friendly, low-VOC curing agents
- This trend is driven by the stricter environmental regulations, growing sustainability goals across industries, and the need to minimize harmful emissions during manufacturing and application processes
- For instance, companies such as Huntsman Corporation and BASF are developing water-based and bio-based curing agents to meet green building standards and support environmentally responsible production
- The focus on eco-conscious formulations is also encouraging innovation in curing technologies that maintain high performance while adhering to environmental guidelines
- As industries increasingly prioritize sustainable practices and regulatory compliance, the adoption of low-VOC curing agents is expected to play a key role in market expansion
Curing Agents Market Dynamics
Driver
“Rising Demand for High-Performance Materials”
- The rising demand for high-performance materials is a significant driver for growth in the curing agents market, as industries seek materials with superior strength, durability, and resistance to harsh environments
- This shift is particularly prominent in sectors such as automotive, aerospace, and construction, where advanced materials are critical for product reliability and performance
- With the increasing need for materials that can withstand extreme conditions and provide long-lasting durability, there is a growing demand for curing agents that enhance the properties of coatings, adhesives, and composites
- Manufacturers are responding by developing innovative curing agents that offer faster curing times, better chemical resistance, and improved mechanical strength to meet the high-performance requirements of these industries
- As industries prioritize the use of materials that offer superior performance and longevity, the demand for high-performance curing agents is expected to continue driving market growth
For instance,
- Huntsman Corporation has introduced advanced epoxy curing agents that provide enhanced mechanical properties and chemical resistance for demanding applications in the automotive and aerospace industries
- BASF has developed polyurethane curing agents that improve the durability and flexibility of coatings used in construction and automotive industries
- Curing agents market is set for strong growth, driven by demand for high-performance materials, eco-friendly solutions, and stricter environmental regulations. Industries such as automotive and construction will continue to fuel this demand, while innovations and industrial expansion in emerging markets
Opportunity
“Increased Infrastructure Development”
- Increased infrastructure development presents a significant opportunity for the curing agents market, driven by the growing demand for high-performance materials in construction projects globally
- The construction sector is focusing on materials that offer enhanced durability, corrosion resistance, and strength, creating a need for advanced curing agents in coatings, adhesives, and composites
- This opportunity aligns with the broader trend toward sustainable, long-lasting infrastructure solutions and the rising emphasis on eco-friendly materials
For instance,
- AkzoNobel is enhancing its range of curing agents for use in construction coatings that provide long-lasting protection against corrosion and wear
- Momentive Performance Materials is developing advanced curing agents that improve the performance and durability of composites used in infrastructure and civil engineering projects
- As infrastructure projects continue to expand globally, the demand for reliable, high-performance materials will drive growth and innovation in the curing agents market
Restraint/Challenge
“High Cost of Raw Materials.”
- The high cost of raw materials presents a significant challenge for the curing agents market, particularly with the rising demand for high-performance and eco-friendly curing solutions
- The use of expensive raw materials and complex manufacturing processes for bio-based and low-VOC curing agents increases the overall production costs, limiting accessibility for industries seeking cost-effective solutions
- This challenge is especially pressing in industries such as construction and automotive, where cost pressures are high, and budget constraints may hinder the adoption of advanced curing agents
For instance,
- Manufacturers producing eco-friendly curing agents face increased operational costs due to the need for specialized raw materials and more intricate production techniques, which may impact pricing competitiveness
- The high cost of raw materials, coupled with the need for more sustainable solutions, may slow market growth, particularly in regions where affordability and cost-efficiency are critical concerns
Curing Agents Market Scope
The market is segmented on the basis of type and application.
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Segmentation
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Sub-Segmentation
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By Type
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By Application
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In 2025, the epoxy curing agent is projected to dominate the market with a largest share in type segment
The epoxy curing agent segment is expected to dominate the curing agents market with the largest share of 40.93% in 2025 due to its widespread use in construction, automotive, and electronics industries, driven by its superior mechanical properties, strong adhesion, and chemical resistance, making it a preferred choice for high-performance applications.
The coatings is expected to account for the largest share during the forecast period in application market
In 2025, the coatings segment is expected to dominate the market with the largest market share of 36.24% due to increasing demand for corrosion protection, improved durability, and aesthetic enhancement in industries such as construction, automotive, and marine, alongside growing infrastructure development and refurbishment activities globally.
Curing Agents Market Regional Analysis
“Asia-Pacific Holds the Largest Share in the Curing agents Market”
- Asia-Pacific dominates the curing agents market with a share of 36.34%, driven by its growing population and rapid industrialization, which are driving demand across various end-use industries such as construction, automotive, and electronics
- China and India hold a significant share due to strong manufacturing sectors and a large-scale shift toward high-performance materials in coatings, adhesives, and composites
- The region’s expanding manufacturing capabilities, coupled with significant investments in infrastructure development and automotive production, are encouraging innovation and advancements in curing agent technologies
- As industries in Asia-Pacific increasingly adopt sustainable and high-performance curing agents, the region is expected to maintain its dominant position throughout the forecast period of 2025 to 2032
“North America is Projected to Register the Highest CAGR in the Curing agents Market”
- North America is expected to witness the highest growth rate in the curing agents market, driven by increasing demand for advanced materials in sectors such as wind energy, automotive, and aerospace
- U.S. holds a significant share of due to its strong industrial base, particularly in the wind energy sector, where optimizing materials for better performance and durability is crucial
- The region benefits from a well-established network of manufacturers, research institutions, and a favorable regulatory environment that supports the adoption of innovative, high-performance curing agents
- As North America continues to push for renewable energy solutions and sustainable materials, the demand for specialized curing agents is expected to rise, further strengthening the region’s position in the market
Curing Agents Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- Evonik Industries AG (Germany)
- Hexion Inc. (U.S.)
- Huntsman International LLC (U.S.)
- Cardolite Corporation (U.S.)
- BASF (Germany)
- Arnette Polymers, LLC (U.S.)
- Atul Ltd (India)
- Gabriel Performance Products (U.S.)
- KUKDO Chemical Co., Ltd. (South Korea)
- Kumiai Chemical Industry Co., Ltd. (Japan)
- Mitsubishi Chemical Corporation (Japan)
- Olin Corporation (U.S.)
- Shandong Deyuan Epoxy Resin Co., Ltd. (China)
- Trans Oceanic Chemicals Pvt. Ltd. (India)
- Cargill, Incorporated (U.S.)
- Aditya Birla Group (India)
Latest Developments in Global Curing Agents Market
- In March 2025, BASF and Sika introduced a jointly developed amine building block for curing epoxy resins, launched under BASF’s Baxxodur EC 151 brand. This advancement is expected to strengthen their position in the curing agents market by addressing growing demand in flooring applications across industrial and commercial settings, such as production facilities, storage areas, and parking structures, with enhanced performance and reliability
- In September 2024, Evonik expanded its curing agent portfolio in the Americas by introducing two new polyamide-based epoxy curing agents, Ancamide 2853 and Ancamide 2865. By offering enhanced flexibility, strength, and environmental safety, this launch is expected to boost Evonik’s market presence and competitiveness in the curing agents market, reinforcing its role as a key provider of high-performance solutions for the coatings industry
- In April 2024, Evonik expanded its curing agent portfolio with the addition of Ancamine 2844, a high-functional aliphatic amine hardener specifically designed for multi-component spray applications. With its ultra-fast curing capabilities and reliable performance in low temperatures and high humidity, this innovation strengthens Evonik’s position in the curing agents market, particularly in the marine and protective coatings segment where rapid property development is critical
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