NEW YORK, Sept. 20, 2022 /PRNewswire/ -- New product launches are one of the major trends in the curing agent market. Successful new product launches increase the revenue flow of vendors and help expand their consumer base. This provides vendors a competitive edge over their rivals. For instance, in March 2020, Gabriel Performance Products, LLC announced the launch of new epoxy curing agents, namely VERSACURE RAC 9040 and RAC 9010UV. In December 2021, Evonik Industries AG launched Anquamine 469, a water-borne epoxy curing agent. Such launches will help established vendors to expand their market share in untapped consumer segments, which will further foster market growth.
The curing agent market size is projected to grow by USD 2.09 billion from 2022 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.11% during the forecast period, according to Technavio.
Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format
The increased demand for epoxy resin systems as a primer is driving the curing agent market growth. However, factors such as environmental regulations affecting market growth may challenge market growth.
By type, the market has been segmented into epoxy, polyurethane, silicone rubber, and others. The epoxy segment will generate maximum revenue in the curing agent market, owing to the wide range of architectural applications of epoxy resins.
In terms of geography, the market has been segmented into APAC, Europe, North America, South America, and the Middle East and Africa. APAC will present significant opportunities for market vendors due to factors such as steady economic expansion. Moreover, market growth in this region will be faster than the growth of the market in other regions. China, Japan, and India are the key markets for the curing agent market in APAC.
The curing agent market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Aditya Birla Management Corp. Pvt. Ltd., Albemarle Corp., Atul Ltd., BASF SE, Campbell Plastics Ltd., Cardolite Corp., Cargill Inc., Evonik Industries AG, Hexion Inc., Huntsman International LLC, KUKDO Chemical Kunshan Co. Ltd., Kumiai Chemical Industry Co. Ltd., LEUNA Harze GmbH, Mitsubishi Chemical Corp., Nan Ya Plastics Corp., Olin Corp., RPM International Inc., Shandong Deyuan Epoxy Resin Co. Ltd., Vijai Poly Products Pvt. Ltd., Yunteh Industries, among others, are some of the key vendors operating in the market.
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- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2021, 2022, until 2026
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Curing Agent Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.11% |
Market growth 2022-2026 |
USD 2.09 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.5 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 50% |
Key consumer countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aditya Birla Management Corp. Pvt. Ltd., Albemarle Corp., Atul Ltd., BASF SE, Campbell Plastics Ltd., Cardolite Corp., Cargill Inc., Evonik Industries AG, Hexion Inc., Huntsman International LLC, KUKDO Chemical Kunshan Co. Ltd., Kumiai Chemical Industry Co. Ltd., LEUNA Harze GmbH, Mitsubishi Chemical Corp., Nan Ya Plastics Corp., Olin Corp., RPM International Inc., Shandong Deyuan Epoxy Resin Co. Ltd., Vijai Poly Products Pvt. Ltd., and Yunteh Industries |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Epoxy - Market size and forecast 2021-2026
- Exhibit 28: Chart on Epoxy - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Epoxy - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Epoxy - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Epoxy - Year-over-year growth 2021-2026 (%)
- 5.4 Polyurethane - Market size and forecast 2021-2026
- Exhibit 32: Chart on Polyurethane - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Polyurethane - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Polyurethane - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Polyurethane - Year-over-year growth 2021-2026 (%)
- 5.5 Silicone Rubber - Market size and forecast 2021-2026
- Exhibit 36: Chart on Silicone Rubber - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Silicone Rubber - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Silicone Rubber - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Silicone Rubber - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Type
- Exhibit 44: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 India - Market size and forecast 2021-2026
- Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Aditya Birla Management Corp. Pvt. Ltd.
- Exhibit 97: Aditya Birla Management Corp. Pvt. Ltd. - Overview
- Exhibit 98: Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
- Exhibit 99: Aditya Birla Management Corp. Pvt. Ltd. - Key offerings
- 10.4 Albemarle Corp.
- Exhibit 100: Albemarle Corp. - Overview
- Exhibit 101: Albemarle Corp. - Business segments
- Exhibit 102: Albemarle Corp. - Key news
- Exhibit 103: Albemarle Corp. - Key offerings
- Exhibit 104: Albemarle Corp. - Segment focus
- 10.5 BASF SE
- Exhibit 105: BASF SE - Overview
- Exhibit 106: BASF SE - Business segments
- Exhibit 107: BASF SE - Key news
- Exhibit 108: BASF SE - Key offerings
- Exhibit 109: BASF SE - Segment focus
- 10.6 Cardolite Corp.
- Exhibit 110: Cardolite Corp. - Overview
- Exhibit 111: Cardolite Corp. - Product / Service
- Exhibit 112: Cardolite Corp. - Key offerings
- 10.7 Evonik Industries AG
- Exhibit 113: Evonik Industries AG - Overview
- Exhibit 114: Evonik Industries AG - Business segments
- Exhibit 115: Evonik Industries AG - Key news
- Exhibit 116: Evonik Industries AG - Key offerings
- Exhibit 117: Evonik Industries AG - Segment focus
- 10.8 Hexion Inc.
- Exhibit 118: Hexion Inc. - Overview
- Exhibit 119: Hexion Inc. - Business segments
- Exhibit 120: Hexion Inc. - Key news
- Exhibit 121: Hexion Inc. - Key offerings
- Exhibit 122: Hexion Inc. - Segment focus
- 10.9 Huntsman International LLC
- Exhibit 123: Huntsman International LLC - Overview
- Exhibit 124: Huntsman International LLC - Business segments
- Exhibit 125: Huntsman International LLC - Key news
- Exhibit 126: Huntsman International LLC - Key offerings
- Exhibit 127: Huntsman International LLC - Segment focus
- 10.10 KUKDO Chemical Kunshan Co. Ltd.
- Exhibit 128: KUKDO Chemical Kunshan Co. Ltd. - Overview
- Exhibit 129: KUKDO Chemical Kunshan Co. Ltd. - Product / Service
- Exhibit 130: KUKDO Chemical Kunshan Co. Ltd. - Key offerings
- 10.11 Mitsubishi Chemical Corp.
- Exhibit 131: Mitsubishi Chemical Corp. - Overview
- Exhibit 132: Mitsubishi Chemical Corp. - Business segments
- Exhibit 133: Mitsubishi Chemical Corp. - Key news
- Exhibit 134: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 135: Mitsubishi Chemical Corp. - Segment focus
- 10.12 Olin Corp.
- Exhibit 136: Olin Corp. - Overview
- Exhibit 137: Olin Corp. - Business segments
- Exhibit 138: Olin Corp. - Key offerings
- Exhibit 139: Olin Corp. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 140: Inclusions checklist
- Exhibit 141: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 142: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 143: Research methodology
- Exhibit 144: Validation techniques employed for market sizing
- Exhibit 145: Information sources
- 11.5 List of abbreviations
- Exhibit 146: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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