Curing Agents Market Worth $5.9 Billion by 2023 - Exclusive Report by MarketsandMarkets™

CHICAGO, January 29, 2019 /PRNewswire/ --

According to the new research report "Curing Agents Market by Type (Epoxy, Polyurethane, Silicone Rubber, and Others), Application (Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global Curing Agents Market is projected to grow from USD 4.2 billion in 2018 to USD 5.9 billion by 2023, at a CAGR of 6.80% between 2018 and 2023. Curing agents are widely used in applications such as coatings, electrical & electronics, composites, adhesives, construction, and wind energy. This is expected to drive the Curing Agents Market.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Download PDF Brochure:  

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64236473

Browse in-depth TOC on "Curing Agents Market"
81 - Tables
41 - Figures
140 - Pages

View detailed Table of Content here: 

https://www.marketsandmarkets.com/Market-Reports/curing-agent-market-64236473.html

The epoxy segment is estimated to account for the largest share of the Curing Agents Market, by type, during the forecast period. 

Epoxy curing agents help in making a cross-link within the ingredients that help to cure and deliver strength to the product. They act as additives that are used to cure or harden various materials in different surroundings. The demand for epoxy curing agents, especially amine based, is increasing due to its use in varied applications. Epoxy curing agents show improved performance, durability, and ease-of-use in products. Hence, their demand is high in various applications.

The wind energy segment is estimated to be the fastest-growing applications for curing agents 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. For instance, Hexion produces epoxy resins for infusing carbon fiber and manufactures strong carbon fiber composites that control heat development in a composite during infusion and provide high temperature glass transition, which helps in the manufacturing of wind turbine blades.

Curing Agents Market in APAC is projected to register the highest CAGR during the forecast period. 

The APAC Curing Agents Market is segmented into China, Japan, India, South Korea, Taiwan, Malaysia, Indonesia, and Rest of APAC. APAC is an emerging and lucrative market for curing agents, owing to the industrial development and improving economic conditions in the region. This region constitutes, approximately, 61% of the world's population, resulting in the growth of the manufacturing and processing sectors. India and China have been the driving forces behind the rapid development in the APAC region, as well as globally. The growth in these countries is attributed to high economic growth, followed by heavy investments in coatings, electrical & electronics, adhesives, wind energy, and construction sectors.

The major players operating in the Curing Agents Market include Evonik Industries (Germany), Hexion Inc. (US), Huntsman Corporation (US), Cardolite Corporation (US), and BASF S.E. (Germany).

Get 10% Free Customization on this Report: 

https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=64236473

Browse Adjacent Markets: Specialty Chemicals Market Research Reports &Consulting

Related Reports:

Epoxy Curing Agents Market by Type (Amine-Based Curing Agents, Anhydride Curing Agents), Application (Coatings, Construction, Adhesives, Composites, Wind Energy, Electrical & Electronics), and Region - Global Forecast to 2022

Epoxy Resin Market by Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) - Global Forecast to 2021

Epoxy Coatings Market by Technology (Solvent borne, Waterborne, and Powder-Based) and Application (Construction, Transportation, General Industrial, and Others) - Forecast to 2021

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

Email: [email protected]

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/curing-agent-market.asp 

Visit Our Website: https://www.marketsandmarkets.com

SOURCE MarketsandMarkets