Curing Agent Market Research Report – Global Forecast till 2027

Curing Agent Market: Information by Type (Epoxy, Polyurethane, Silicone Rubber, and Others), Application (Coatings, Adhesives, Composites, Wind Energy, and Others), Region — Global Forecast till 2027

ID: MRFR/CnM/5926-HCR | February 2021 | Region: Global | 140 pages

Curing Agent Market Overview


Curing agent is a substance used for hardening of surface or material. It is applied to polymer surfaces to facilitate the bonding of the molecular components of the material. The curing agent market was valued at USD 4632 million and is expected to grow at a healthy CAGR of 6.5% during the review period.


The curing agent market is majorly driven by the extensive use of curing agent in various coatings used in construction, automotive, and electronics & electrical industries. The use of curing agents offers superior properties to the resins such as chemical resistance, moisture resistance, adhesion, hardness, corrosion resistance, and weather resistance. The rising growth of the global construction industry on account of the infrastructural development is driving the demand for curing agents. Rapid industrialization and urbanization in the emerging economies of Asia-Pacific fuels the demand for curing agents. Moreover, the use of these agents in electrical and electronics devices such as mobile phones, smartphones, PCs, tablets, and gaming devices is expected to propel the market growth. This can be attributed to the rising disposable income and the changing lifestyle trend of the consumers. Furthermore, the curing agents are also used in automotive which is a major factor influencing the growth of the market.


However, the stringent regulations for environment protection may hamper the market growth during the forecast period. 


The major market players are focused on strategic growth initiatives such as new product launch, mergers, and acquisition to strengthen their position in the market. For instance, in August 2018, BASF SE signed a distribution agreement with Gustav Grolman GmbH & Co. KG, where the later will market BASF SE’s amine-based curing agents for the professional processing of epoxy resins under the Baxxodur brand to Italy, Spain, and Portugal. Furthermore, in April 2018, Huntsman International LLC launched three new products ARA Cool 3077, ARA Cool 1047 W 80, and ARA Cool 1034 XW 90, which are designed for quick curing at low temperatures and reduced VOC levels.


Key Players


Some of the manufacturers operating in the curing agent market are Evonik Industries AG (Germany), BASF SE (Germany), Huntsman International LLC (US), Hexion (US), Olin Corporation (US), Cardolite (US), Aditya Birla Chemicals (India), Mitsubishi Chemical Corporation (Japan), Atul Ltd (India), Albemarle Corporation (US), GABRIEL (US), Campbell Plastics (UK), Arnette Polymers, LLC (US), Cargill, Incorporated (US), Epochemie International Pte Ltd (Singapore), KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan), and LEUNA-Harze GmbH (Germany).


Regional Analysis


The global curing agent market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


The market in Asia-Pacific dominated the global curing agent market in 2017 due to the high production and sales of automobile in the region. Furthermore, the growth of the construction industry on account of the rapid industrialization and urbanization in the emerging countries such as India, Thailand, Malaysia, and Singapore, is fueling the market demand. 


The market in Europe is driven by the increased production and sales of automobile parts in the Western European countries such as Germany, Italy, UK, and France.


North American market is expected to witness a high growth of the market owing to the high demand from major end-use industries in the region.


Segmentation


The global curing agent market has been segmented on the basis of type, application, and region.


Based on type, the market has been segmented into epoxy, polyurethane, silicone rubber, and others.


By application, the market has been segmented into coatings, adhesives, composites, wind energy, and others.


Intended Audience



  • Curing agent manufacturers

  • Traders and distributors of curing agent

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :

The curing agent market is projected to grow at a 6.5% CAGR between 2016-2023.

The curing agent market is predicted to touch USD 4632 million by 2023.

The APAC region is expected to lead the curing agent market.

It finds extensive applications in wind energy, composites, adhesives, and coatings.

Strict regulations for environment protection may limit market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End User

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Curing Agent Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Curing Agent Market, by Type

6.1 Introduction

6.2 Epoxy

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Polyurethane

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Silicone Rubber

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Others

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

7. Global Curing Agent Market, by Application

7.1 Introduction

7.2 Coatings

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Composites

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Adhesives

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Wind Energy

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast, by Region, 2020-2027

8. Global Curing Agent Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020-2027

8.2.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Type,2020-2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Type,2020-2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Type,2020-2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020-2027

8.3.10.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020-2027

8.3.11.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.11.3 Market Estimates & Forecast, by Application, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020-2027

8.4.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2020-2027

8.5.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020-2027

8.6.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020-2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Evonik Industries AG

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 BASF SE

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Huntsman International LLC

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Hexion

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Olin Corporation

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Cardolite

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Aditya Birla Chemicals

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Mitsubishi Chemical Corporation

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Atul Ltd

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Albemarle Corporation

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Campbell Plastics

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Arnette Polymers, LLC

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Cargill, Incorporated

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategy

10.13.5 Key Developments

10.13.6 SWOT Analysis

10.14 Epochemie International Pte Ltd

10.14.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Strategy

10.14.5 Key Developments

10.14.6 SWOT Analysis

10.15 KUMIAI CHEMICAL INDUSTRY CO., LTD.

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Strategy

10.15.5 Key Developments

10.15.6 SWOT Analysis

10.16 LEUNA-Harze GmbH

10.16.1 Company Overview

10.16.2 Financial Updates

10.16.3 Product/Business Segment Overview

10.16.4 Strategy

10.16.5 Key Developments

10.16.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Curing Agent Market: by Region, 2020-2027

Table 2 North America: Curing Agent Market, by Country, 2020-2027

Table 3 Europe: Curing Agent Market, by Country, 2020-2027

Table 4 Asia-Pacific: Curing Agent Market. by Country, 2020-2027

Table 5 Middle East & Africa: Curing Agent Market, by Country, 2020-2027

Table 6 Latin America: Curing Agent Market, by Country, 2020-2027

Table 7 Global Curing Agent Type Market, by Regions, 2020-2027

Table 8 North America: Curing Agent Type Market, by Country, 2020-2027

Table 9 Europe: Curing Agent Type Market, by Country, 2020-2027

Table10 Asia-Pacific: Curing Agent Type Market, by Country, 2020-2027

Table11 Middle East & Africa: Curing Agent Type Market, by Country, 2020-2027

Table12 Latin America: Curing Agent Type Market, by Country, 2020-2027

Table 13 Global Curing Agent Application Market, by Regions, 2020-2027

Table14 North America: Curing Agent Application Market, by Country, 2020-2027

Table15 Europe: Curing Agent Application Market, by Country, 2020-2027

Table16 Asia-Pacific: Curing Agent Application Market, by Country, 2020-2027

Table17 Middle East & Africa: Curing Agent Application Market, by Country, 2020-2027

Table18 Latin America: Curing Agent by Application Market, by Country, 2016-2023

Table19 Global Type Market, by Region, 2020-2027

Table20 Global Application Market, by Region, 2020-2027

Table21 North America: Curing Agent Market, by Country, 2020-2027

Table22 North America: Curing Agent Market, by Type, 2020-2027

Table23 North America: Curing Agent Market, by Application, 2020-2027

Table24 Europe: Curing Agent Market, by Country, 2020-2027

Table25 Europe: Curing Agent Market, by Type, 2020-2027

Table26 Europe: Curing Agent Market, by Application, 2020-2027

Table27 Asia-Pacific: Curing Agent Market, by Country, 2020-2027

Table28 Asia-Pacific: Curing Agent Market, by Type, 2020-2027

Table29 Asia-Pacific: Curing Agent Market, by Application, 2020-2027

Table30 Middle East & Africa: Curing Agent Market, by Country, 2020-2027

Table31 Middle East & Africa: Curing Agent Market, by Type, 2020-2027

Table32 Middle East & Africa: Curing Agent Market, by Application, 2020-2027

Table33 Latin America: Curing Agent Market, by Country, 2020-2027

Table34 Latin America: Curing Agent Market, by Type, 2020-2027

Table35 Latin America: Curing Agent Market, by Application, 2020-2027

LIST OF FIGURES

FIGURE 1 Global Curing Agent Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Curing Agent Market

FIGURE 4 Value Chain of Global Curing Agent Market

FIGURE 5 Share of Global Curing Agent Market in 2020, by Country

FIGURE 6 Global Curing Agent Market, 2020-2027,

FIGURE 7 Global Curing Agent Market Size, by Type, 2020

FIGURE 8 Share of Global Curing Agent Market, by Type, 2020-2027

FIGURE 9 Global Curing Agent Market Size, by Application, 2020

FIGURE10 Share of Global Curing Agent Market, by Application, 2020-2027