Consainsights logo

Epoxy Curing Agents Market Size, Share, Industry Trends and Forecast to 2030

Epoxy Curing Agents Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.

  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Epoxy Curing Agents Market Size & CAGR in 2021

The global epoxy curing agents market is expected to reach a market size of USD 3.5 billion in 2021 with a Compound Annual Growth Rate (CAGR) of 4.2% from 2021 to 2026. This growth is driven by the increasing demand for epoxy curing agents in various end-use industries such as construction, automotive, and electronics.

COVID-19 Impact on the Epoxy Curing Agents Market

The COVID-19 pandemic had a significant impact on the epoxy curing agents market as manufacturing operations were disrupted, leading to supply chain challenges. However, the market is expected to recover as the global economy recovers from the pandemic and industries resume their operations.

Epoxy Curing Agents Dynamics

The epoxy curing agents market is driven by the growing demand for epoxy resins in various applications such as coatings, adhesives, and composites. The increasing adoption of epoxy curing agents in the construction industry due to their superior properties such as high strength, durability, and chemical resistance is also driving market growth.

Segments and Related Analysis

The epoxy curing agents market can be segmented based on type, application, and region. The key types of epoxy curing agents include amine-based, anhydride-based, and others. In terms of application, the market can be segmented into coatings, adhesives, composites, and others.

By Region Analysis

The epoxy curing agents market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market due to the presence of major manufacturers and the growing demand from end-use industries.

Key Market Players and Competitive Landscape

Key players in the epoxy curing agents market include Huntsman Corporation, Aditya Birla Chemicals, Olin Corporation, BASF SE, and Evonik Industries. These players are focusing on product development, partnerships, and acquisitions to gain a competitive edge in the market.

Recent Happenings in the Epoxy Curing Agents Market

In recent developments, Huntsman Corporation announced the launch of a new line of eco-friendly epoxy curing agents that are designed to meet the increasing sustainability requirements of the market. This innovation is expected to drive growth in the market and meet the changing needs of customers.

Epoxy Curing Agents Market FAQs