Market Research Logo

Epoxy Curing Agents Market: Applications in Paints, Coatings, & Inks Industry to Prominently Push Revenues up: Global Industry Analysis (2013 - 2017) and Opportunity Assessment 2018 - 2028

Epoxy Curing Agents Market: Applications in Paints, Coatings, & Inks Industry to Prominently Push Revenues up: Global Industry Analysis (2013 - 2017) and Opportunity Assessment 2018 - 2028

The global revenue through sales of epoxy curing agents currently values near US$ 2.5 Bn and is slated to double the growth at a CAGR of 5% over 2018-2028. Over the next decade, the global epoxy curing agents market is expected to exceed the revenue worth US$ 4 Bn and experience a moderate pace in terms of growth.

Persistent Demand from End-users Coupled with Innovations to Boost Consumption

Soaring demand for epoxy resins by manufacturers of electrical laminates is identified to be a key factor fueling the market growth over the assessment period. Moreover, stringent regulatory norms set for the use of lightweight materials in automotive as well as aerospace industries will continue to hold a substantial impact on the market performance in upcoming years. The global market for epoxy curing agents will reportedly witness bolstering use of bio-based curing agents and development of an innovative range of low-temperature, low-curing time epoxy curing agents in near future.

Epoxy curing agents tend to release certain harmful volatile organic compounds (VOCs), which compels manufacturers to concentrate on developing eco-friendly curing agents that are ideal for the ‘Level of Prominence’ coating applications. The market is thus witnessing a boost in the demand for water-based agents worldwide. One of the most prominent factors driving the growth of epoxy curing agents market includes substantial demand for printed circuit boards (PCBs) in the manufacturing of an exhaustive range of electronic products such as smartphones, mobile devices, machinery, automotive electronics, and other consumer electronics.

Revenues from Applications in Coatings to Expand 1.6X over 2018-2028, Composites Identified to Witness Attractive Opportunities

Paints, coatings, and inks will remain the leading application-based segment, representing a value worth US$ 1.8 Bn by 2028 end, closely trailed by the composites segment. However, composites are likely to exhibit the fastest growth at a CAGR of 5.5% over the forecast period, primarily attributed to augmenting applications in lightweight automotive and aerospace components. Composites are expected to experience surging consumption by transportation industry, electrical materials industry, and wind energy generation industry. Adhesives and sealants will remain a promisingly growing segment, owing to an expanding application base for epoxy curing agents in this sector. Epoxy-cured resins are extensively used as protective coatings for automotive bodies, aerospace components, wind rotor blades, floorings, and other parts, which are sensitive to corrosion and rust. High thermal stability and electrical insulation properties of epoxy curing agents remain the key drivers fueling the applications in highly trending PCB (printed circuit boards) manufacturing.

Amines & Polyamines Lead by Product Type, China to Spearhead Global Market by Region

Amines and polyamines are anticipated to dominate in terms of product type, whereas China is foreseen to be the leading regional market for epoxy curing agents. Amines and polyamines segment, though has more than 48% share of the current global market revenue, is expected to lose its market share to a more popularly thriving segment, i.e. amides and polyamides. Although the amines and polyamines segment is anticipated to witness a CAGR value of more than 5% over 2018-2028, it is facing stringent regulatory norms regarding VOC emissions, eventually resulting in a falling market value share.

The regional analysis reaffirms continued dominance of China with a maximum revenue share of around 45%, which is prominently owing to surging demand for coatings from automotive and construction industries. A growing number of wind capacity installations in the Chinese industry will also play a key role in fueling demand in next decade. While Western Europe will continue to be another key market with a decent value share, North America is presumed to exhibit sluggish growth throughout the assessment period. On the flipside, developing economies, including South East Asia Pacific (SEAP), Latin America, and Middle East and Africa (MEA) will develop low-volume, high-growth markets for epoxy curing agents.


1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Global thermosetting resins and epoxy resins market overview
3. Market View Point
3.1. Macro-Economic Factors
3.1.1. Global Paints, Coatings and Inks Industry Overview
3.1.2. Global Wind Energy Generation Industry Overview
3.1.3. Global Construction Sector Overview
3.1.4. Global PCB Production Overview
3.1.5. Global Automotive Industry Overview
3.1.6. Global Chemical Sales
3.1.7. Global GDP Outlook
3.2. Global Epoxy Curing Agents Market Supply Demand Scenario
4. Industry Structure
4.1. Market Structure Analysis
5. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Trends
6. Forecast Factors – Relevance & Impact
6.1. Forecast Factors Relevance and Impact
6.2. Value Chain
7. Global Epoxy Curing Agents Market Analysis and Forecast
7.1. Market Volume Projections
7.2. Pricing Analysis
7.3. Market Size Projections
7.3.1. Y-o-Y Projections
7.3.2. Absolute $ Opportunity Analysis
8. Global EPOXY CURING AGENTS Market Analysis By Product Type
8.1. Introduction
8.1.1. Market Value Share Analysis By Product Type
8.1.2. Y-o-Y Growth Analysis By Product Type
8.2. Historical Market Size and Volume Analysis By Product Type 2013-2017
8.3. Market Size and Volume Forecast By Product Type 2018–2028
8.3.1. Amines and Polyamines
8.3.2. Amides and Polyamides
8.3.3. Anhydrides
8.3.4. Phenolic
8.3.5. Others
8.4. Market Attractiveness Analysis By Product Type
9. Global EPOXY CURING AGENTS Market Analysis By Application
9.1. Introduction
9.1.1. Market Value Share Analysis By Application
9.1.2. Y-o-Y Growth Analysis By Application
9.2. Historical Market Size and Volume Analysis By Application 2013-2017
9.3. Market Size and Volume Forecast By Application 2018–2028
9.3.1. Paints, coatings and inks
9.3.2. Adhesives and Sealants
9.3.3. Composites
9.4. Market Attractiveness Analysis By Application
10. Global EPOXY CURING AGENTS Market Analysis By End Use Industry
10.1.Introduction
10.1.1. Market Value Share Analysis By End Use Industry
10.1.2. Y-o-Y Growth Analysis By End Use Industry
10.2.Historical Market Size and Volume Analysis By End Use Industry 2013-2017
10.3.Market Size and Volume Forecast By End Use Industry 2018–2028
10.3.1. Construction
10.3.2. Electrical and Electronics
10.3.3. Power Generation
10.3.4. Automotive and Aerospace
10.3.5. Marine
10.3.6. Others
10.4.Market Attractiveness Analysis By End Use Industry
11. Global EPOXY CURING AGENTS Market Analysis By Region
11.1.Introduction
11.1.1. Market Value Share Analysis By Region
11.1.2. Y-o-Y Growth Analysis By Region
11.2.Historical Market Size and Volume Analysis By Region 2013-2017
11.3.Market Size and Volume Forecast By Region 2018–2028
11.3.1. North America
11.3.2. Latin America
11.3.3. Eastern Europe
11.3.4. Western Europe
11.3.5. South East Asia & Pacific
11.3.6. China
11.3.7. Japan
11.3.8. Middle East and Africa
11.4.Market Attractiveness Analysis By Region
12. North America EPOXY CURING AGENTS Market Analysis
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size and Volume Analysis By Market Segments, 2013-2017
12.4. Market Size and Volume Forecast By Market Segments, 2018–2028
12.4.1. By Country
12.4.1.1. U.S.
12.4.1.2. Canada
12.4.2. By Application
12.4.3. By Product Type
12.4.4. By Application
12.4.5. By End Use Industry
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Product Type
12.5.3. By Application
12.5.4. By End Use Industry
12.6.Key Market Participants – Intensity Mapping
13. Western Europe EPOXY CURING AGENTS Market Analysis
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size and Volume Analysis By Market Segments, 2013-2017
13.4. Market Size and Volume Forecast By Market Segments, 2018–2028
13.4.1. By Country
13.4.1.1. Germany
13.4.1.2. Italy
13.4.1.3. France
13.4.1.4. U.K.
13.4.1.5. Spain
13.4.1.6. BENELUX
13.4.1.7. Rest of WE
13.4.2. By Application
13.4.3. By Product Type
13.4.4. By Application
13.4.5. By End Use Industry
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product Type
13.5.3. By Application
13.5.4. By End Use Industry
13.6. Key Market Participants – Intensity Mapping
14. Eastern Europe EPOXY CURING AGENTS Market Analysis
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size and Volume Analysis By Market Segments, 2013-2017
14.4. Market Size and Volume Forecast By Market Segments, 2018–2028
14.4.1. By Country
14.4.1.1. Russia
14.4.1.2. Poland
14.4.1.3. Rest of EE
14.4.2. By Product Type
14.4.3. By Application
14.4.4. By End Use Industry
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product Type
14.5.3. By Application
14.5.4. By End Use Industry
14.6.Key Market Participants – Intensity Mapping
15. Latin America EPOXY CURING AGENTS Market Analysis
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size and Volume Analysis By Market Segments, 2013-2017
15.4. Market Size and Volume Forecast By Market Segments, 2018–2028
15.4.1. By Country
15.4.1.1. Brazil
15.4.1.2. Mexico
15.4.1.3. Rest of LA
15.4.2. By Application
15.4.3. By Product Type
15.4.4. By Application
15.4.5. By End Use Industry
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Application
15.5.4. By End Use Industry
15.6.Key Market Participants – Intensity Mapping
16. South East Asia & Pacific EPOXY CURING AGENTS Market Analysis
16.1.Introduction
16.2.Pricing Analysis
16.3.Historical Market Size and Volume Analysis By Market Segments, 2013-2017
16.4.Market Size and Volume Forecast By Market Segments, 2018–2028
16.4.1. By Country
16.4.1.1. India
16.4.1.2. Indonesia
16.4.1.3. South Korea
16.4.1.4. Philippines
16.4.1.5. Thailand
16.4.1.6. Malaysia
16.4.1.7. Oceania
16.4.1.8. Rest of SEA & Pacific
16.4.2. By Product Type
16.4.3. By Application
16.4.4. By End Use Industry
16.5.Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Application
16.5.4. By End Use Industry
16.6.Key Market Participants – Intensity Mapping
17. China EPOXY CURING AGENTS Market Analysis
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size and Volume Analysis By Market Segments, 2013-2017
17.4. Market Size and Volume Forecast By Market Segments, 2018–2028
17.4.1. By Product Type
17.4.2. By Application
17.4.3. By End Use Industry
17.5.Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Application
17.5.4. By End Use Industry
17.6.Key Market Participants – Intensity Mapping
18. Japan EPOXY CURING AGENTS Market Analysis
18.1.Introduction
18.2.Pricing Analysis
18.3.Historical Market Size and Volume Analysis By Market Segments, 2013-2017
18.4.Market Size and Volume Forecast By Market Segments, 2018–2028
18.4.1. By Application
18.4.2. By Product Type
18.4.3. By Application
18.4.4. By End Use Industry
18.5.Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Product Type
18.5.3. By Application
18.5.4. By End Use Industry
18.6.Key Market Participants – Intensity Mapping
19. Middle East and Africa EPOXY CURING AGENTS Market Analysis
19.1.Introduction
19.2.Pricing Analysis
19.3.Historical Market Size and Volume Analysis By Market Segments, 2013-2017
19.4.Market Size and Volume Forecast By Market Segments, 2018–2028
19.4.1. By Country
19.4.1.1. Northern Africa
19.4.1.2. GCC Countries
19.4.1.3. Turkey
19.4.1.4. South Africa
19.4.1.5. Rest of MEA
19.4.2. By Product Type
19.4.3. By Application
19.4.4. By End Use Industry
19.5.Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Product Type
19.5.3. By Application
19.5.4. By End Use Industry
19.6.Key Market Participants – Intensity Mapping
20. Market Structure Analysis
20.1.Market Analysis by Tier of Companies
20.1.1. By Large, Medium and Small
20.2.Market Concentration
20.2.1. By Top 5 and by Top 10
20.3.Market Share Analysis of Top Players
20.4.Market Presence Analysis
20.4.1. By Regional footprint of Players
20.4.2. Product foot print by Players
20.4.3. Channel Foot Print by Players
21. Competition Analysis
21.1.Competition Dashboard
21.2.Competition Developments
21.3.Competition Deep Dive
21.3.1. Huntsman Corporation
21.3.1.1. Overview
21.3.1.2. Product Portfolio
21.3.1.3. Profitability by Segments/ Applications/ Technology
21.3.1.4. Production Footprint
21.3.1.5. Sales Footprint
21.3.1.6. Channel Footprint
21.3.1.7. Competition Benchmarking
21.3.1.8. Strategy
21.3.1.8.1. Marketing Strategy
21.3.1.8.2. Product Strategy
21.3.1.8.3. Channel Strategy
21.3.2. Olin Corporation
21.3.3. Hexion Inc.
21.3.4. Evonik Industries AG
21.3.5. BASF SE
21.3.6. Cargill Incorporated
21.3.7. Mitsubishi Chemical Corporation
21.3.8. DIC Corporation
21.3.9. Showa Denko KK
21.3.10. Aditya Birla Corporation
21.3.11. Toray Fine Chemicals Co. Ltd
21.3.12. Gabriel Performance Products
22. Research Methodology
23. Assumptions and Acronyms

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report