The Epoxy Curing Agents in the Global Composites Industry are Forecast to Grow at a CAGR of 4.6% from 2019 to 2024
Trends, opportunities and forecast in epoxy curing agents market to 2024 by end-use (wind energy, pipe and tank, aerospace and others), product type (aromatic amine, aliphatic amine, cycloaliphatic amine, catalyst, dicyandiamide, anhydride, and others) and region (North America, Europe, APAC and Rest of the World)
The future of epoxy curing agents in the global composites industry looks promising with opportunities in the aerospace, pipe and tank, wind energy automotive, and marine industries. The epoxy curing agents in the global composites industry are forecast to grow at a CAGR of 4.6% from 2019 to 2024. The major growth drivers for this market are increasing the use of high-performance epoxy-based composite materials and the growth of end-use industries.
An emerging trend that has a direct impact on the dynamics of the industry includes the development of epoxy curing agents which are less hazardous to human health, have a faster cure, and improved performance characteristics. Evonik, BASF, Huntsman, Hexion, and DowDupont are the major suppliers of epoxy curing agents in the global composites industry.
A total of 131 figures/charts and 96 tables are provided in this 205-page report to help in your business decisions. The study includes the epoxy curing agents market size and forecast for the epoxy curing agents market through 2024, segmented by end-use industry, product type, and by region as follows:
Epoxy Curing Agents in the Composites Industry by End-Use Industry:
- Wind Energy
- Pipe and Tank
- Aerospace
Epoxy Curing Agents n the Composites Industry by Product Type:
- Aromatic Amines
- Aliphatic Amines
- Cycloaliphatic Amines
- Catalyst
- Dicyandiamide
- Anhydride
- Others
Epoxy Curing Agents n the Composites Industry by Region [$M shipment analysis for 2013 to 2024]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- Asia Pacific
- Japan
- China
- The Rest of the World
Some of the epoxy curing agents companies profiled in this report include Evonik, BASF, Huntsman, Hexion, and DowDupont and others.
The analyst forecasts that the aliphatic amine will remain the largest segment by value and volume. Aromatic amine is expected to witness the highest growth in the forecast period supported by the growing demand for high-performance composites in aerospace applications.
Within this market, wind energy will remain the largest end-use industry supported by the increasing use of composites materials in wind blade manufacturing. Aerospace is expected to witness the highest growth over the forecast period due to the increasing production of advanced aircraft models with high composite content.
APAC will remain the largest region by value and volume due to the increasing demand for composites in pipe and tank and wind energy industries.
Some of the features of “Epoxy Curing Agents in the Composite Industry Report: Trends, Forecast, and Competitive Analysis” include:
- Market size estimates: Epoxy curing agents in the composite industry size estimation in terms of value ($M) and volume (M Lbs.) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end-use industry.
- Segmentation analysis: Epoxy curing agents in the composite industry size by end-use industry, product type, and application in terms of value shipment.
- Regional analysis: Epoxy curing agents in the composite industry breakdown by key regions such as North America, Europe, and Asia & Rest of World.
- Growth opportunities: Analysis of growth opportunities in different applications and regions of epoxy curing agents in the composite industry.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of epoxy curing agents in the composite industry.
- Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1. How big the opportunities for epoxy curing agents in the global industry by end-use (wind energy, pipe and tank, aerospace and others), product type (aromatic amine, aliphatic amine, cycloaliphatic amine, catalyst, dicyandiamide, anhydride, and others) and region (North America, Europe, APAC and Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of epoxy curing agents in the composite industry?
Q.5. What are the business risks and threats of epoxy curing agents in the composite industry?
Q.6 What are emerging trends for epoxy curing agents in the composite industry and the reasons behind them?
Q.7 What are some changing demands of customers for epoxy curing agents in the composite industry?
Q.8. What are the new developments for epoxy curing agents in the composite industry and which companies are leading these developments?
Q.9. Who are the major players for epoxy curing agents in the composite industry? What strategic initiatives are being taken by key companies for business growth?
Q.10 What are some of the competitive products and processes for epoxy curing agents in the composite industry and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
Table of Contents
*Full List of Tables and Figures Available on Enquiry.
Companies Mentioned
A selection of companies mentioned in this report includes:
- BASF SE
- Evonik
- Huntsman Corporation
- Hexion Inc.
- Dow Inc.
- Cardolite Corporation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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