Epoxy Curing Agents

Market Definition: 

Curing agents are a type of chemical additives added to base resins to toughen or harden them. Epoxy curing agents contain epoxide functional group.
The choice of epoxy curing agents depends on the base resin as well as the required degree of toughness.
Each epoxy curing agent has its own set of characteristics that defines the degree of curing and time. Commonly used epoxy curing agents are aliphatic, cycloaliphatic, polyamide, mercaptan, amidoamine, and others.
There is a growing demand for epoxy curing agents in coatings, construction, adhesives, composites, wind energy and electrical & electronics activity, which is expected to be one of the major drivers of the market over the next seven years.

Market Analysis: Epoxy Curing Agents

The Global Epoxy Curing Agents Market accounted for USD 3.45 billion in 2016 and is projected to grow at a CAGR of 6.9% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Drivers:
  • High demand in construction and wind energy
  • Technological advancement in the manufacturing sector
  • Growing demand for eco-friendly paints & coatings
Market Restraint:Environmental regulation in European countries

Segmentation: Epoxy Curing Agents

The epoxy curing agents market is segmented on the basis of type into amine-based curing agents and anhydride curing agents.
The amine-based curing agents are further sub segmented into aliphatic, cycloaliphatic, polyamide, amidoamines and others.
The anhydride curing agents are further sub segmented into hexahydrophthalic anhydride (HHPA), nadic methyl anhydride and pyromellitic dianhydride (PMDA)
On the basis of application, the market is segmented into coatings, construction, adhesives, composites, wind energy, electrical & electronics and others.
Some of the major players in epoxy curing agents market include :-
Aditya Birla Chemicals (Thailand) Ltd.
Mitsubishi Chemical Corporation
Atul Limited
Evonik Industries
Air Products and Chemicals, Inc.
Hexion Inc.
BASF SE
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