Press release
Growing Demand For Wind Energy Plants To Drive Demand Growth Of The Epoxy Curing Agents Market
Epoxy Curing Agents Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021-2031Fact.MR, a market research and competitive intelligence provider, forecasts the demand for epoxy curing agents to remain elevated, contributing US$ 1.17 Bn by the end of 2020. In addition, the increasing demand from electronic products is boosting the demand for epoxy curing agents. Thus, the sales of epoxy curing agents is expected to reach nearly US$ 2 Bn in the assessment period by registering a CAGR of nearly 5%.
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Epoxy curing agents have seen a substantial increase in use in coating and construction industries over the past few years. Increasing demand for faster-curing agents with better heat resistance is fueling research & development on a global scale in the epoxy curing agents industry.
Epoxy curing agents market growth was recorded at a CAGR of 5.7% from 2017 to 2021, with worldwide epoxy curing agent shipments accounting for US$ 4.46 billion in 2021.
Rising use of coatings, increasing construction activity, growing demand for wind energy plants, increasing research & development activities, and rising industrialization are prominent factors anticipated to drive demand growth of the epoxy curing agents market.
Sales of epoxy hardeners and epoxy resins are also expected to increase due to the same factors that positively influence the epoxy curing agents market.
However, stringent government norms to regulate the use of harmful chemicals are expected to slow down demand for epoxy curing agents in the years to come. This restraining factor is expected to increase the focus on the development of environmentally friendly epoxy curing agents.
From 2022 to 2032, the epoxy curing agents market is predicted to exhibit expansion at a CAGR of 7.4%.
Prominent Key players of the Epoxy Curing Agents market survey report:
Huntsman Corporation
Olin Corporation
Industries AG
Hexion Inc.
Gabriel Performance Products
BASF SE
Cargill Incorporated
DIC Corporation
Mitsubishi Chemical Corporation
Showa Denko KK
Toray Fine Chemicals Co. Ltd
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Key Segments Covered in Epoxy Curing Agents Industry Research
Epoxy Curing Agents Market by Type :
Amine-based Curing Agents
Anhydride Curing Agents
Curing Agents
Other Types
Epoxy Curing Agents Market by Application :
Coatings
Construction
Adhesives
Composites
Wind Energy
Other Applications
Epoxy Curing Agents Market by Region :
North America
Latin America
Europe
APAC
MEA
The insights for each vendor consists of:
Company profile
SWOT analysis
Main market information
Market share
Revenue, pricing and gross margin
What insights does the Epoxy Curing Agents Market report provide to the readers?
Epoxy Curing Agents fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Epoxy Curing Agents player.
Various regulations imposed by the governments on the consumption of Epoxy Curing Agents in detail.
Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Epoxy Curing Agents.
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The report covers following Epoxy Curing Agents Market insights and assessment that are helpful for all participants involved in the Epoxy Curing Agents market:
Data on recently introduced regulations and their impact on key industries and on demand in Epoxy Curing Agents
Latest industry Analysis on Epoxy Curing Agents Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Epoxy Curing Agents Market and changing consumer preferences in major industries.
Changing Epoxy Curing Agents demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Epoxy Curing Agents major players
Epoxy Curing Agents Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Epoxy Curing Agents demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Questionnaire answered in the Epoxy Curing Agents Market report include:
How the market for Epoxy Curing Agents has grown?
What is the present and future outlook of the global Epoxy Curing Agents on the basis of region?
What are the challenges and opportunities for the Epoxy Curing Agents?
Why the consumption of Epoxy Curing Agents highest in region?
In which year segment is expected to overtake segment?
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