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Curing Agents Market Growth Prospects 2023 and Projected to Reach US $5.9 Billion

Curing Agents Market report provides analysis of top players in all regions with industry size, growth, revenue, cost, sales, technology, market insights, demand, trend, key statistics and industry forecasts to 2023.

 

Pune, India -- (SBWIRE) -- 04/03/2019 -- ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Curing Agents Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

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The Curing Agents Market size is projected to grow from US$ 4.2 Billion in 2018 to US$ 5.9 Billion by 2023, at a CAGR of 6.80%. The market is expected to witness growth owing to the increasing demand for curing agents from various applications such as coatings, wind energy, electrical & electronics, construction, composites, and adhesives.

Top Key Players in the Curing Agents Market include are
- Evonik Industries
- Hexion Inc
- BASF SE
- Huntsman Corporation
- Olin Corporation
- Cardolite Corporation
- Kukdo Chemical Co., Ltd.
- Aditya Birla Chemicals (Thailand) Ltd.
- Mitsubishi Chemical Corporation
- Atul Limited
- Albemarle Corporation
- Additional Key Companies

"Epoxy is expected to account for the largest segment of the overall curing agents market during the forecast period."
Epoxy is expected to be the largest segment of the overall curing agents market in 2018. Epoxy curing agents are formulated to meet various properties such as fast curing time; pot life flexibility; viscosity; chemical, water, and wear resistance adhesion; and other mechanical properties required for various applications.

"The curing agents market in wind energy application is projected to witness the highest CAGR during the forecast period."
Curing agents are preferred for wind blade fabrications due to their high sheer, compressive strength, and low weight. The fatigue performance of curing agents improves the composite mechanical properties in rotor blades, thereby enhancing the performance of wind turbines. With the improvement in technology, manufacturers of curing agents are coming up with new products and systems to help the manufacturers in the wind industry.

"APAC curing agents market is estimated to register the highest CAGR during the forecast period."
The APAC curing agents market is segmented into China, Japan, India, South Korea, Indonesia, Taiwan, Malaysia, and Rest of APAC. The APAC region is a lucrative market for curing agent sowing to the increasing demand from packaging industries and improving economic conditions. Product innovations, new research and development projects, and increasing demand from various end-use industries have also fueled the demand for curing agents in APAC.

Profile break-up of primary participants for the report:
- By Company Type: Tier 1 – 27%, Tier 2 – 46%, Tier 3 – 27%
- By Designation: Director level – 28%, C level – 36%, Others – 36%
- By Region: APAC – 46%, Europe – 27%, North America – 18%, South America – 5%, Middle East & Africa – 4%

Report Highlights:
- To understand the structure of the curing agents market by identifying its various subsegments
- To profile key players and comprehensively analyze their core competencies
- To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
- To define, segment, and project the global market size for curing agents
- To project the size of the market and its submarkets, in terms of value and volume, with respect to five major regions (along with their respective key countries)
- To analyze the competitive developments such as expansions & investments, new product launches, and mergers & acquisitions in the curing agents industry

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Reason to buy this report:
Curing Agents Market report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers of the overall curing agents market and its sub segments. This report will help stakeholders better understand the competitive landscape and gain insights to position their businesses better and make suitable go-to-market strategies.