The global epoxy curing agents market was valued at US$ 1.31 billion in 2016 and is expected to reach US$ 2.0 billion by 2025, projecting a CAGR of 4.9% over the forecast period, according to a Global Epoxy Curing Agents Market Report, by Product Type (Low Temperature Cure and High Temperature Cure), by Application (Marine, Industrial & Protective, Construction, Adhesive and Others) published by Coherent Market Insights. Favorable growth in infrastructure development and increasing demand for epoxy curing agents in end-use industries such as paints & coatings, electronics, adhesive, and marine are expected to stimulate growth of the epoxy curing agents market at the global level. Moreover, increasing demand for high performance epoxy resins and increasing trade activities in the field of polymers across regions contribute to growth of the market.
Stringent environmental government regulations imposed on VOC content and growing unorganized market, especially in polymer coatings is expected to hinder growth of the epoxy curing agents market. According to EPA, volatile organic compound regulations are required to meet a level of stringency, known as Reasonably Available Control Technology, which is defined as the lowest level of emissions attained, by taking into account technical and economic considerations.
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