Zion Market Research, the market research group announced the analysis report titled ‘Epoxy Curing Agents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Epoxy Curing Agents Market: Overview
Epoxy curing agents is mixed with the epoxy polymer to get better results. It is used in wide range of applications such as paints, construction, and electronics. Epoxy resins accompanied of inbuilt bonding capacity and after curing it acquire excellent properties such as electrical insulation, chemical strength, and mechanical strength. The capability of epoxy resins improved on the addition of curing agents. It is important to choose proper curing agents while selecting epoxy resin. The application of the epoxy curing agents varies with end use application and the type of adhesive.
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Global Epoxy Curing Agents Market by Growth Factors: Increasing use of the epoxy curing agents in the end user applications may foster the global epoxy curing agent’s market growth in the future. They possess different characteristics as per the requirement of the manufacturing and products applications. They are widely used in many applications such as adhesives, coatings, composites and electronics hence boosting the global market growth. In addition, increased production capacities and increased investments in end-use industries propel the global epoxy curing agent’s market growth. Major manufacturing companies are focusing on introducing new epoxy curing agents in the global market to cater market growth. Research associations, end-product manufacturers, and manufacturing companies are heavily investing on technology modifications to meet the growing demand from end-user industries. Rising demand of the epoxy curing agents in the industrial verticals such as electrical & electronics, coatings, composites, construction, adhesives, wind energy and others are influencing the global market in a positive way.
Global Epoxy Curing Agents Market by Segmentation: The global epoxy curing agents market is categorized based on the end user industries as consumer electronics, transportation, construction and industrial and protective equipment. Based on applications, the global market is divided into adhesives, coatings, potting and composites. Moreover, the global market is classified based on product type as polymercaptan’s, phenol, and amino-formaldehyde, amines, polysulphides, carboxylic acid functional polyester, polyamides, anhydrides and polyamide amines.
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Global Epoxy Curing Agents Market by Regional Analysis: Asia-Pacific is the largest regional market for the epoxy curing agents which is dominated by the country China. In addition, rising demand for the end-use products and the increasing production facilities are expected to drive the demand for epoxy curing agents in the coming years. China emerged as the manufacturing hub for epoxy curing agents owing to the increasing demand from electronic devices sector and the exponential growth in population. Moreover, the growth in the construction sector and trend of miniaturization are expected to exhibit significant growth in the near future. Increasing production facilities in the North American region anticipates a significant growth in the coming years. Europe is expected to overcome from the economic slowdown and may show substantial growth in future.
Global Epoxy Curing Agents Market by Competitive Players: Major companies operating in the global epoxy curing agents market are Gabriel Performance Products, Brenteg specialities Inc, DOW Chemical Company, Aditya Birla Chemicals, Momentive Speciality chemicals and Mitsubishi Chemicals. Other players influencing the global market are Evonik Industries, DIC Corporation, Cardolite Corporation, BASF SE, Hexicon Inc. and Incorez Ltd.
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Epoxy Curing Agents Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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