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Statistical Report: Global Epoxy Curing Agents Market Size & Share to Surpass USD 6851.1 Million by 2028, at a 6.7% CAGR - Predicts Facts & Factors

01-02-2023 01:33 PM CET | Science & Education

Press release from: Facts & Factors

Epoxy Curing Agents Market

Epoxy Curing Agents Market

The global epoxy curing agents market was worth around USD 4,642.80 million in 2021 and is estimated to grow to about USD 6,851.1 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.7% over the forecast period. The report analyzes the epoxy curing agents market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the epoxy curing agents market.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/epoxy-curing-agents-market

As a result of their high shear strength and higher quality finish properties, epoxy curing agents are utilized in a wide variety of applications within the building and construction industries. Over the course of the forecast period, the growth of the epoxy curing agents market will be primarily driven by the construction industry. Epoxy curing agents' market potential is anticipated to increase as a result of the growing investments being made around the world in the construction of infrastructure.

Epoxy curing agents have also found application in wind energy plants as they are being used crucially in the manufacturing of wind turbine blades due to their high strength and quality finish characteristics. Rapid urbanization and industrialization are projected to have a positive influence on the global epoxy curing agents market growth through 2028.

Better bonding property makes epoxy curing agents a popular choice in multiple industrial applications and as research and development bolster across the world, new products with better characteristics are expected to be launched. Epoxy curing agent companies can maximize their revenue potential by creating sustainable offerings as the sustainability trend is on the rise on a global scale.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/epoxy-curing-agents-market

However, the environmental hazards associated with the use of epoxy curing agents are expected to have a restraining effect on the global epoxy curing agents market. Increasingly strict mandates against the use of volatile solvents, and toxic chemicals and rising awareness among the general population about the same are expected to negatively influence epoxy curing agents market growth through 2028.

The COVID-19 pandemic that led to lockdowns and adverse economic conditions on a global scale led to the downfall of the epoxy curing agents market growth in 2020. The imposition of lockdowns hampered construction activity and hence hampered the sales revenue of the epoxy curing agents market companies.

As lockdowns are lifted and infections come under control the world will return to normal and this is expected to bring a steady demand back for the epoxy curing agents market in the post-pandemic era. The resumption of construction projects and high infrastructural activity will subsequently drive the market for epoxy curing agents over the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/epoxy-curing-agents-market

Key players functioning in the global epoxy curing agents market include Evonik Industries (Germany), Hexion Inc. (US), Huntsman Corporation (US), Cardolite Corporation (US), and BASF S.E. (Germany), among others.

Recent Developments:

In February 2019, Aditya Birla Corporation a multinational Indian organization announced its partnership with Lintech International, LLC to start distribution of its products in the United States. This will be aimed at the distribution of resins, monomers, and epoxy-curing agents.
The global epoxy curing agents market is segmented as follows:

By Type

Amine-based Curing Agents
Anhydrides Curing Agents
Others

By Application

Coatings
Electrical & Electronics
Wind Energy
Construction
Adhesive
Composite
Others

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/epoxy-curing-agents-market

By Region

North America
The U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Reunion
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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