Global curing agent market is valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.6 % over the forecast period 2018-2025. Curing agents are the additives used for curing or hardening of various materials in surroundings. These agents are used for wind blade fabrications owing to their low weight, high sheer and compressive strength. Curing agents also improves the performance of composite mechanical properties in rotor blades in turn enhancing the wind turbine performance.
Rising demand of curing agents in applications such as electrical & electronics, composites, coatings in various countries including China, Brazil, Mexico and Southeast Asian countries is majorly driving the market towards high CAGR during the forecast period. The demand of curing agents escalated due to rising demand of wind power energy. For instance, as per World Wind Energy Association (2018), the total installed capacity of wind energy increased to 539,291 in 2017. In addition, infrastructural development in emerging economies and technological advancements for manufacturing these curing agents are some of the factors supplementing the market growth. However, price fluctuations of raw materials might affect the production cost thereby restricting the market growth. Strict regulations associated with chemical manufacturing industries is may hinder the growth of global curing agent market.
The regional analysis of global curing agents market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of Curing Agents in end-user industries. Europe also contributes a satisfactory growth in the global Curing Agents market due to increasing demand of renewable energy. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to growth in end-user industries including energy sector in developing countries such as India, China and Japan.
The major market player included in this report are:
• BASF SE
• Hexion Inc.
• Huntsman Corporation
• Olin Corporation
• Cardolite Corporation
• Aditya Birla Chemicals (Thailand) Ltd.
• Kukdo Chemical Co., Ltd.
• Mitsubishi Chemical Corporation
• Albemarle Corporation
• Atul Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Epoxy Curing Agent
Polyurethane-Based Curing Agents
Silicone Rubber Curing Agents
Others
By Application:
Coatings
Electrical & Electronics
Wind Energy
Construction
Composites
Adhesives
Others
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Curing Agents Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Curing Agents . Industry analysis & Market Report on Curing Agents is a syndicated market report, published as Global Curing Agents Market Size study, by Type (Epoxy Curing Agent, Polyurethane-Based Curing Agents, Silicone Rubber Curing Agents and Others), Application (Coatings, Electrical & Electronics, Wind Energy, Construction, Composites, Adhesives and Others) and Regional Forecasts 2018-2025. It is complete Research Study and Industry Analysis of Curing Agents market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.