Epoxy curing agents have a wide range of applications in industrial coatings, civil engineering & construction, automotive, and metal-to-metal adhesives, composites, and electronic potting, among others. Various types of curing agents such as aliphatic, cycloaliphatic, amido-amine, and polyamide have different molecular structure, basicity, and belongs to different functional groups. These properties allows epoxy curing agents to control the curing reactions and to control the properties of cured thermosets. Companies are launching low-emission and waterborne curing agent products in order to meet increasing demand for environmental friendly formulations. Companies such as Huntsman and Dow Chemicals are focusing on developing environmentally responsible formulations of epoxy curing agent products.
Market Dynamics
Increasing demand for high performance epoxy-based resin formulations for various applications such as paints & coatings, composites, and electronic applications is fueling growth of the global epoxy curing agents market. Asia Pacific is expected to hold a dominant position in the global epoxy curing agents market, owing to industrialization in the chemicals, aerospace, automobiles, and oil & gas sectors in the region. Polyamide segment holds a dominant position in the market due to its major applications in paints & coatings industry. Advancements in technology for the production and use of epoxy curing agents has led to the market growth in North America. For instance, Huntsman, developed a new amine technology in order to increase productivity of larger offshore rotor blades and to improve infusion process of liquid epoxy.
Market Taxonomy
Global epoxy curing agents market is segmentated on the basis of product type, application, and region. On the basis of product type, the global epoxy curing agents market is segmented into low temperature cure and high temperature cure. On basis of application, the market is segmented into marine, industrial & protective, construction, adhesives, and others. The construction segment is expected to gain major traction.
Key features of the study:
Detailed Segmentation:
“*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation:
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