Global Epoxy Hardener Market Outlook to 2035

The global epoxy hardener market is anticipated to grow with a CAGR of ~6.77% over the forecast period, i.e., 2022 - 2035. Factors such as increasing construction activities across countries and the utilization of advanced technologies in the electrical & electronic industry are projected to drive the growth of the market in the coming years. Additionally, the increasing inclination towards eco-friendly epoxy hardeners is also expected to boost market growth. The market is estimated to garner a revenue of near to USD 14,270.0 million by the end of 2035, up from a revenue of about USD 6,975.0 Million in the year 2022.

The global epoxy hardener market is segmented into numerous segments, which include segmentation by type, form, application, end-user, and by region. By type, the market is segmented into polyamide, aromatic amine, amino amine, aliphatic amine, cycloaliphatic amine, and others. By the end of 2035, the cycloaliphatic amine segment is anticipated to garner the largest revenue of around USD 4,640.0 Million, up from a revenue of close to USD 1,990.0 Million in the year 2022. In addition, the segment is predicted to witness the highest growth over the forecast period The cycloaliphatic amine epoxy hardener segment is expected to be fueled by rising demand for mortars, floor repair systems, sewage treatment plants, and commercial and industrial flooring applications throughout the forecast period. Moreover, they are useful for low-VOC coatings owing to their low viscosity. They produce coatings that can be cured at low temperatures, have a short pot life, and cure quickly.

Based on region, the global epoxy hardener market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific, amongst the market in all the other regions, is anticipated to garner the largest revenue of more than USD 6,430.0 Million by the end of 2035. Moreover, in the year 2022, the market in the region generated a revenue of over USD 2,680.0 Million. China holds around 38% of the market share of the Asia Pacific epoxy hardeners market owing to the demand from energy sector. In 2021, the wind energy sector is the major market driver for epoxy resins in the country. Moreover, energy control policy had a positive impact on the Chinese epoxy resin market as the policy pushed the consumers to focus more on renewable energy sources that is expected to surge the growth of the market in the region.

Some of the prominent industry leaders in the global epoxy hardener market that are included in our report are Cardolite Corporation, Evonik Industries AG, BASF SE, Mitsubishi Chemical Corporation, Huntsman International LLC, Hexion Inc., Olin Corporation, KUKDO CHEMICAL CO., LTD., Nouryon Chemicals Holding B.V., Incorez Ltd, and others.