Global Curing Agents Market, By Type (Epoxy Curing Agent, Polyurethane-Based Curing Agents, Silicone Rubber, Others), Application (Coatings, Electrical and Electronics, Wind Energy, Construction, Composites, Adhesives, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Curing Agents Market
Curing agents market will reach an estimated valuation of USD 8.26 billion by 2028, while registering this growth at a rate of 7.0% for the forecast period of 2021 to 2028. Curing agents market report analyses the growth, which is currently being growing due to the rising usages of the agent in the food preservation and flavouring process to draw moisture out of the food by the process of osmosis.
A curing agent is utilised to harden a surface or substance. They are added to the polymer surfaces so that the stronger the bond, the harder the surface of the material can ease the bonding of the molecular components. The primary feature is an improvement in hardness or viscosity. They consist mainly of three groups of compound-containing active-hydrogen, anionic and cationic initiators, and reactive cross- linkers.
Increasing growth of the construction as well as wind industry across the globe, surging levels of investment for the development of infrastructure in emerging economies, increasing demand due to its expanding applicability and eco-friendly nature, increasing need for high-performance, durable, and user-friendly goods, rising use of epoxy healing agents in applications such as coatings, wind energy, electrical and electronics, construction, composites, adhesives, and others are some of the major as well as vital factors which will likely to augment the growth of the curing agents market in the projected timeframe of 2021-2028. On the other hand, rising number of applications from developing economies along with the presence of a stellar electronics and electrical industry which will further contribute by generating massive opportunities that will lead to the growth of the curing agents market in the above mentioned projected timeframe.
Increasing number of environmental and health regulatory concerns along with increasing competition from the Chinese chemical manufacturers which will likely to act as market restraints factor for the growth of the curing agents in the above mentioned projected timeframe. Government has increased its regulations on the products which will become the biggest and foremost challenge for the growth of the market.
This curing agents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on curing agents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Curing Agents Market Scope and Market Size
Curing agents market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the curing agents market is segmented into epoxy curing agent, polyurethane-based curing agents, silicone rubber, and others. Epoxy curing agent has been further segmented into amine-based curing agents, anhydride curing agents, and other epoxy curing agents. Others have been further segmented into acrylic, natural rubber, and vinyl ester.
- Curing agents market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for curing agents market includes coatings, electrical and electronics, wind energy, construction, composites, adhesives, and others. Others have been further segmented into elastomers, additives, and accelerators.
Curing Agents Market Country Level Analysis
Curing agents market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the curing agents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the curing agents market due to the rising population and growing end-use industries have led to innovation and developments in the end-use industries in the region while North America region will expect to grow in the forecast period of 2021-2028 due to the rising need for wind energy optimization.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Curing Agents Market Share Analysis
Curing agents 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 curing agents market.
The major players covered in the curing agents market report are Evonik Industries AG; Hexion.; Huntsman International LLC.; Cardolite Corporation; BASF SE; Arnette Polymers, LLC; Atul Ltd; Campbell Plastics Limited; Epochemie - Epoxy Curing Agents.; GABRIEL.; KUKDO Chemical (Kunshan) Co., Ltd.; KUMIAI CHEMICAL INDUSTRY CO., LTD.; LEUNA-Harze GmbH; Mitsubishi Chemical Corporation.; NAN YA PLASTICS CORPORATION; Olin Corporation.; Shandong Deyuan Epoxy Resin Co.,Ltd; Trans Oceanic Chemicals Pvt. Ltd.; Cargill, Incorporated; Aditya Birla Group; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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