Epoxy Curing Agents Market Worth US$ 2.45 Billion by 2028 | By Product Type, Application, By End Use Industry

Epoxy curing agents are witnessing burgeoning demand, owing to their high mechanical strength, superior bonding property, and corrosion resistance, in industrial applications such as paints, coating, and inks. The latest Fact.MR report finds that the epoxy curing agents market surpassed US$ 2.45 billion in 2018, and epoxy curing agents are extensively used in various end-use industries, especially in developing countries, will boost the market in the coming future.

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Growing Demand for Lightweight Materials will Increase Applications of Epoxy Curing Agents across Industries

Stringent regulatory norms and quality standards are bolstering the use of lightweight materials in various industrial sectors, including aerospace as well as automotive industries. In addition, epoxy curing agents have been witnessing burgeoning demand the manufacturing of printed circuit boards (PCBs) that are vastly used in an exhaustive range of electronic products, such as mobile devices, smartphones, automotive electronics, machinery, and other consumer electronics. Thereby, growing demand for epoxy curing agents as a lightweight raw materials in various industrial applications will continue to hold a significant impact on developments in the epoxy curing agents market in upcoming years.

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Key Companies in the Epoxy Curing Agents Market include:

Olin Corporation
Evonik Industries AG
Hexion Inc.
Gabriel Performance Products
BASF SE
Cargill Incorporated
DIC Corporation
Mitsubishi Chemical Corporation
Showa Denko KK
Toray Fine Chemicals Co. Ltd
Aditya Birla Corporation

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Amines and Polyamines Account for Nearly Half the Revenue Share of the Epoxy Curing Agents Market

Various types of epoxy curing agents, such as amides and polyamides, amines and polyamines, phenolic, and anhydrides, find numerous applications across various industrial sectors. Increasing demand for amines and polyamines in most industrial applications is leading to account for over 48% revenue share in the epoxy curing agents market. However, owing to stringent regulatory norms due to harmful volatile organic compounds (VOCs) emissions vis-à-vis amines and polyamides, end-users in the epoxy curing agents market are shifting to amide and polyamides. Thereby, amines and polyamines are likely to lose their market share to amides and polyamides in the upcoming years.

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