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  • Epoxy Curing Agents Market In Composites Industry Analysis | 2023-2028

    Epoxy Curing Agents Market In Composites Industry Analysis | 2023-2028

    Epoxy Curing Agents Market In Composites Industry Analysis | 2023-2028
    Report code - SRAM392 Delivery - 2 Weeks
    Epoxy Curing Agents Market in Composites Industry Size, Share, Trend, Forecast & See more...

    Market Insights

    The Epoxy Curing Agents Market in Composites Industry was estimated at US$ 3.99 billion in 2022 and is expected to grow at a healthy CAGR of 6.7% during 2023-2028 to reach US$ 5.93 billion by 2028.

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    What are Epoxy Curing Agents?

    Epoxy curing agents are chemical compounds essential in the epoxy resin curing or hardening process. Epoxy resins, known for their versatile applications in adhesives, coatings, and composites, require curing agents to transform from liquid to solid. These agents initiate the cross-linking reaction, creating a durable and rigid structure. Common curing agents include amines, anhydrides, and phenols, each offering specific curing properties and performance characteristics. The choice of epoxy curing agent influences the final material's strength, flexibility, and chemical resistance.

    Market Drivers

    The prime factors contributing to the demand for the epoxy curing agents market in composites industry are the increasing use of high-performance epoxy-based composite materials and the robust growth of the end-use market.

    Segments Analysis

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    By End-Use Industry Type

    The market is segmented into wind energy, pipe & tank, aerospace, and others. The wind energy segment held the largest share of the market and it is expected to remain dominant during the forecast period. The increasing use of composite materials in wind blade manufacturing is driving the growth of this segment.

    By Product Type

    The epoxy curing agents market in composites industry is segmented into aromatic amines, aliphatic amines, cycloaliphatic amines, catalysts, dicyandiamide, anhydride, and others. The aliphatic amines segment dominates the market, whereas aromatic amine is expected to experience the highest growth during the forecast period driven by the growing demand for high-performance composites in aerospace applications.

    Regional Analysis

    In terms of regions, Asia-Pacific is estimated to be the largest epoxy curing agents market in composites industry during the forecast period, with China, Japan, and India, being the major countries with lucrative as well as fastest-growth opportunities. The growth of the market is driven by the increasing demand for composites in the pipe & tank and wind energy industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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    Key Players

    Some of the major epoxy curing agent manufacturers in composites industry are-

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Epoxy Curing Agents Market in Composites Industry 

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The Epoxy Curing Agents Market in Composites Industry is expected to grow at a healthy CAGR of 6.7% during 2023-2028.

    Evonik, BASF SE, Huntsman Corporation, Hexion Inc., and Dow Inc. and Cardolite Corporation are among the key players in the epoxy curing agents’ market in the composites industry.

    The Epoxy Curing Agents Market in Composites Industry is expected to reach US$ 5.93 billion by 2028.

    The wind energy segment is expected to remain the dominant end-use industry in the epoxy curing agents market in the composites industry in the coming years.

    Asia-Pacific is expected to be the largest epoxy curing agents market in composites industry during the next five years.

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