Curing Agents Market by Type, Application, and Region - Global Forecast to 2023

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Japan, Japan, Thu, 22 Jul 2021 06:11:05 / Comserve Inc. / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The curing agents market size is projected to grow from USD 4.2 billion in 2018 to USD 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.

Research institutions and various manufacturers are taking initiatives and making huge investments in R&D for the technological development of epoxy curing agents in terms of cost, durability, and to improve the properties of the curing agents for end-use applications. However, stringent government regulations in the chemical industry are expected to hamper the growth of the market. Volatility in raw material prices might adversely affect the overall production cost of curing agents.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Curing Agents Market by Type, Application, and Region - Global Forecast to 2023

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.

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 agents owing 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.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Curing Agents Market by Type, Application, and Region - Global Forecast to 2023

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%,
As a part of qualitative analysis, the research study provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by market players such as Evonik Industries (Germany), Hexion Inc. (US), Huntsman Corporation (US), Cardolite Corporation (US), and BASF (Germany) among others.

Key benefits of buying the report
The 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 subsegments. 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. It will also help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 UNIT CONSIDERED 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE +0000IMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 ASSUMPTIONS 25
2.5 LIMITATIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 SIGNIFICANT OPPORTUNITIES IN THE CURING AGENTS MARKET 30
4.2 CURING AGENTS MARKET, BY TYPE 30
4.3 CURING AGENTS MARKET IN APAC, BY APPLICATION AND COUNTRY 31
4.4 CURING AGENTS MARKET ATTRACTIVENESS 31
4.5 CURING AGENTS MARKET, DEVELOPED VS. DEVELOPING COUNTRIES 32
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33
5.2.1 DRIVERS 34
5.2.1.1 High growth in construction and wind energy industries 34
5.2.1.2 Infrastructural developments in emerging economies 34
5.2.1.3 Technological innovation in manufacturing process 34
5.2.2 RESTRAINTS 34

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

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