Press release
Epoxy Curing Market Key Players analysis - Evonik Industries AG, BASF SE, Huntsman International, Cardolite Corporation, Kukdo Chemical Co., Ltd., Mitsubishi Chemical
Synopsis of Epoxy Curing Agent MarketCommenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Epoxy Curing Agent Market size is expected to grow at USD ~ 5099.32 million by 2023. The market witnessed a significant growth over the forecasted period owing to growing applications such as into into adhesive, coatings, composites, electronics, and others (Wind Energy, additives, etc.) across various industries. Global Epoxy Curing Agent market is expected to grow at ~6.8% CAGR during 2016-2023
The Global Epoxy Curing Agents Market is observing high growth with increasing demand from the APAC region, particularly from China and India due to the healthy demand for durable, high performance, and the cost-effective nature of epoxy curing agents. These properties are driving growth in the use of epoxy curing agents in various application industries, such as coatings, adhesives, electronics, and composites
Market Research Future (MRFR) recognizes the following companies as the key players in the global Epoxy Curing Agent market: Evonik Industries AG (Europe), BASF SE (Europe), Huntsman International LLC (US), Cardolite Corporation (US), Kukdo Chemical Co., Ltd. (South Korea), Aditya Birla Chemicals (India), Mitsubishi Chemical Corporation (Japan), Momentive Specialty Chemicals Inc. (US), The Dow Chemical Company (US), Air Products and Chemicals, Inc. (US), and Others.
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APAC region dominated the global epoxy curing agent market in 2016, and is expected to continue the dominance during the forecast period. This region accounted for 48% of the global market share in 2016. Asia-Pacific led the epoxy curing agents market in terms of value and volume both in 2016, due to the rapid industrialization in countries including Indonesia, India, China, and Malaysia. Among all the countries China and India considered as the two major markets due to cheap labor, huge customer base, and flexible norms resulted in various manufacturers starting their firms in this region. In addition, the APAC region is a developing market for various industry including electronics, automotive, construction, and other industries. In this region demand for epoxy curing agents is driven by increasing consumption in composites, coatings, adhesives, and other industrial applications.
North America is the strong region which holds second position in global epoxy curing agent market, including countries such as U.S., Mexico and Canada. Growth in this region is credited to the increasing consumption of end user industries such as marine and automotive industry particularly, in U.S. and Canada. Companies are investing in R&D to renovate new products for varied range of applications. In addition, an investment of US$ 1.6 billion through Dow chemical in R&D was used to improve the epoxy technology and offer a huge range of high quality of epoxy curing agent products. Manufacturing companies are launching low emission and waterborne curing agent products including the Huntsman International LLC and The Dow Chemical Company are including environmentally responsible formulations of epoxy curing agent products.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Epoxy Curing Agent Market Research Report- Forecast to 2023”
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Study Objectives of Epoxy Curing Agent Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Epoxy Curing Agent Market
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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