Epoxy Curing Market Growing at CAGR of 6.8% and will Generate USD 5099.32 million Revenue by 2023
By Herald Keeper
Synopsis of Epoxy Curing Agent Market
Commenting 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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The global epoxy curing agent market has been segmented into type and applications. On the basis of type, the market has been divided amines, polyamide, imidazoles, polymercaptan, anhydrides, polymercaptan, and others (thiols, Dicyandiamide, Photo- and ultraviolet-curing agents, etc.). Among all these types, amine based epoxy curing agents has cover the largest share in global epoxy curing agent market. all the applications, adhesive and coatings application of epoxy curing agents has developed the largest market share in 2016 due to its growing demand from the growing economies, specifically from China and India, coating held more than 35% of the overall demand in terms of volume in 2016 in this region. In addition, the growing demand from end use industries such as automotive, marine, transportation, and others have increased the market for epoxy curing agent which will further have a positive expectant during the forecast period.
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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Table of Content
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 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Epoxy Curing Agent Market
5 Industry Overview Of Global Epoxy Curing Agent Market
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