1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- BASF SE
- Cargill Inc.
- DowDuPont Inc.
- Evonik Industries AG
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Curing Agents Market: About this market
Curing agents are also known as cross-linking agents, which reacts with the primary film-forming matter of coatings and help it solidify to form a film. The curing agents market analysis considers sales of curing agents such as epoxy, polyurethane, and silicon-based curing agents. Our analysis also considers the sales of curing agents in APAC, Europe, North America, South America, and MEA. In 2018, the epoxy segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing use of epoxy curing agents in manufacturing electronic products such as electric laminate will play a significant role in the epoxy segment to maintain its market position. Also, our global curing agents market report looks at factors such as the growing demand for coating in the electric industry, high demand from end-user industries, and rising demand for curing agents in APAC. However, fluctuating raw material prices, stringent government regulations and policies, and lack of awareness about eco-friendly products may hamper the growth of the curing agents industry over the forecast period.
Global Curing Agents Market: Overview
High demand from end-user industries
The global automotive industry has been driving the demand for curing agents. Epoxy curing agents are extensively used for interior and exterior applications in cars to provide a superior wet look, outdoor durability, improved adhesion to plastics, and ultraviolet (UV) resistance. The growth in the construction industry drives the demand for curing agents. In the construction industry, curing agents are used in floor carpets, industrial flooring, concrete flooring, self-leveling flooring, and wooden flooring. This will create new growth opportunities for curing agent manufacturers and will lead to the expansion of the global curing agents market at a CAGR of over 6% during the forecast period.
Increasing emergence of technologically advanced curing agents
Advanced curing agents such as waterborne coatings are not only cost-effective and environmentally friendly but also have curing abilities at even low temperatures. The adoption of these curing agents is increasing among end-users for various industrial purposes. The introduction of such advanced curing agents is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global curing agents market is fairly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading curing agents manufacturers, that include BASF SE, Cargill Inc., DowDuPont Inc., Evonik Industries AG, and Huntsman International LLC.
Also, the curing agents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Curing agents are also known as cross-linking agents, which reacts with the primary film-forming matter of coatings and help it solidify to form a film. The curing agents market analysis considers sales of curing agents such as epoxy, polyurethane, and silicon-based curing agents. Our analysis also considers the sales of curing agents in APAC, Europe, North America, South America, and MEA. In 2018, the epoxy segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing use of epoxy curing agents in manufacturing electronic products such as electric laminate will play a significant role in the epoxy segment to maintain its market position. Also, our global curing agents market report looks at factors such as the growing demand for coating in the electric industry, high demand from end-user industries, and rising demand for curing agents in APAC. However, fluctuating raw material prices, stringent government regulations and policies, and lack of awareness about eco-friendly products may hamper the growth of the curing agents industry over the forecast period.
Global Curing Agents Market: Overview
High demand from end-user industries
The global automotive industry has been driving the demand for curing agents. Epoxy curing agents are extensively used for interior and exterior applications in cars to provide a superior wet look, outdoor durability, improved adhesion to plastics, and ultraviolet (UV) resistance. The growth in the construction industry drives the demand for curing agents. In the construction industry, curing agents are used in floor carpets, industrial flooring, concrete flooring, self-leveling flooring, and wooden flooring. This will create new growth opportunities for curing agent manufacturers and will lead to the expansion of the global curing agents market at a CAGR of over 6% during the forecast period.
Increasing emergence of technologically advanced curing agents
Advanced curing agents such as waterborne coatings are not only cost-effective and environmentally friendly but also have curing abilities at even low temperatures. The adoption of these curing agents is increasing among end-users for various industrial purposes. The introduction of such advanced curing agents is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global curing agents market is fairly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading curing agents manufacturers, that include BASF SE, Cargill Inc., DowDuPont Inc., Evonik Industries AG, and Huntsman International LLC.
Also, the curing agents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BASF SE
- Cargill Inc.
- DowDuPont Inc.
- Evonik Industries AG
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- BASF SE
- Cargill Inc.
- DowDuPont Inc.
- Evonik Industries AG
The following companies are recognised as the key players in the global curing agents market: BASF SE, Cargill Inc., DowDuPont Inc., Evonik Industries AG, and Huntsman International LLC.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing emergence of technologically advanced curing agents.”
According to the report, one of the major drivers for this market is the growth of end-user industries.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuating raw material prices.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing emergence of technologically advanced curing agents.”
According to the report, one of the major drivers for this market is the growth of end-user industries.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuating raw material prices.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- BASF SE
- Cargill Inc.
- DowDuPont Inc.
- Evonik Industries AG
- Huntsman International LLC
Note: Product cover images may vary from those shown
