Epoxy Curing Agents Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

Curing in polymer chemistry refers to hardening of a polymer material by linking of polymer chains, carried out by chemical additives, electron beam or by heat. Epoxy curing is a substance that is mixed with epoxy polymer to get better effects from epoxy polymer. Curing agents are available in various types such as amidoamine, aliphatic, polyamide, cycloaliphatic and others with different basicity, functional groups, and molecular structure. Selection of curing agent is an important role in determining the properties such as penetration, pot life, wetting ability and dry time of the absolute cured epoxy. Epoxy curing agents has various applications in automobile, marine, oil & gas sectors, composites, civil engineering and construction, industrial coatings, electronic potting. In marine, epoxy curing agents are used to improve adhesion property of the coated part, especially at the surfaces which are important to safeguard from corrosion and chemical resistance.

Global Epoxy Curing Agents Taxonomy

The global epoxy curing agents market is classified on the basis of the following segments:

  • By product type
    • Aliphatic
    • Cycloaliphatic
    • Amidoamine
    • Polyamide
    • Latent curing agent
    • Waterborne curing agents
    • Phenolics
    • Others
  • By Application
    • Paints & Coatings
    • Composites
    • Electrical & Electronics
    • Automobile
    • Construction
    • Adhesives
    • Others

Prevalent Scenario in Epoxy Curing Agents Market

In 2016, Coating was the largest segment in the application of the epoxy curing agents market. The market of the epoxy curing agent is expanding with the substitution of dicyandiamide curing agent with low volatile organic compound and phenol. Companies are capitalizing in Research & Development to innovate new products. Dow Chemical has made an investment of about US$ 1.6 billion in the Research & Development part to provide extensive range of high quality epoxy curing agents. Companies such as Dow Chemicals and Huntsman are introducing waterborne and low emission curing agents to meet the demand of increasing requirement for environmental friendly designs. Technological advancements made in the production and use of epoxy curing agents give rise to the considerable market growth in North America.

The key drivers fueling the growth of this market are the increase in demand for high performance resin preparations for epoxy resin in the electrical & electronic applications, composites, and in the paint & coatings industry. Cycloaliphatic curing agents provides better water resistance, low viscosity and color films, low blush, better chemical resistance and water spotting and are widely used in coatings & floorings. Amidoamine curing agent provides low viscosity, room temperature cure, and better adhesion and are basically used in potting, concrete coatings, in adhesives, and in high solid coatings. Aliphatic amine curing agents have the properties of low color and viscosity, rapid room temperature cure, high degree of rapid resistance and are used for solvent-less coatings, composites, tooling, casting, industrial flooring and chemical-resistant coatings. Waterborne curing agents are manufactured for coating uses such as corrosion resistant coating, chemical resistant coating, which includes floor toppings, and masonry coatings. Polyamide is widely used in adhesive industry for the applications such as midcoat, primer and topcoat applications on industrial equipment, ships, automotive, bridges and industrial flooring. Amino group curing agents are designed for blush-free film, surface tolerant, low temperature curing and has an applications in pipe lining, marine & industrial maintenance, coating and civil engineering.

Rules are imposed on the controlled use of volatile organic solvents in Europe is the restraining factor for the growth of epoxy curing agents market in Europe. For the growth of the market, reports intimates the requirement of innovation and development of new product to achieve good color stability, faster and lower temperature cure, release of lower volatile organic compound,

Fragmented Market

The global epoxy curing agents market is highly fragmented due to the presence of many established and local players across the world. Major players involved in the market include Huntsman Corporation (U.S.), Evonik Industries (Germany), Dow Chemical Company (U.S.), BASF SE (Germany), Cargill, Inc. (U.S.), Cardolite Corporation (U.S.), Hexion, Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.),Mitsubishi Chemical Corporation (Japan),Aditya Birla Chemicals (India).

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.