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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

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Date: 29-Mar-2017
No. of pages: 162
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“The epoxy curing agents market is projected to grow at a CAGR of 6.84% from 2017 to 2022”

The global epoxy curing agents market is projected to reach USD 5.02 billion by 2022, at a CAGR of 6.84% from 2017 to 2022. The growth of this market can be attributed to the expansion of the construction industry, increasing urban population, and growth of the composite industry. However, stringent environmental regulations in some regions may restrain the growth of the market.

“Based the wind energy application segment is expected to witness highest growth during the forecast period”

Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This is expected to result in huge investments and developments in power generation and grid infrastructure.

“Rising demand from Asia-Pacific is a major driver for the growth of the epoxy curing agents market”

Asia-Pacific led the epoxy curing agents market in terms of volume in 2016, owing to the rapid industrialization in countries, such as India, China, Indonesia, and Malaysia. China and India are the two major markets in this region. Flexible norms, cheap labor, and wide customer base have resulted in various manufacturers establishing their facilities in this region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.

The break-up of the primary interviews is given below:


  • By Company Type - Tier 1 - 27%, Tier 2 – 46%, and Others - 27%

  • By Designation – C-level – 36%, Director-level - 28%, and Others - 36%

  • By Region - Asia-Pacific - 46%, Europe - 27%, North America - 18%, South America, and Middle East & Africa – 9%


Key companies profiled in this market research report include Evonik Industries (Germany), BASF SE (Germany), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), and Cardolite Corporation (U.S.), among others.

Research Coverage:

The report covers the epoxy curing agents market and its application across different industry verticals and regions. It aims at estimating the market size and future growth potential of the epoxy curing agents market across different segments such as type, application, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market, along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Reasons to buy the Report

The report will help the market leaders/new entrants by providing them the closest approximations of revenues for the epoxy curing agents market. This report will help stakeholders to better understand competitive landscape and gain insights to position their businesses, and formulate market strategies. The report will also help stakeholders understand the pulse of the market, and acquire information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on epoxy curing agents offered by the top players in the market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the epoxy curing agents market

  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for epoxy curing agents across varied regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the epoxy curing agents market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of the leading players in the epoxy curing agents market

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary
3.1 Introduction

4 Premium Insights
4.1 Attractive Opportunities in the Epoxy Curing Agents Market
4.2 Epoxy Curing Agents Market, By Type
4.3 Epoxy Curing Agents Market, By Application and Country in Asia-Pacific
4.4 Epoxy Curing Agents Market, By Country
4.5 Epoxy Curing Agents Market, Developed vs Developing Countries

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Application
5.2.3 By Region
5.3 Market Dynamics
5.4 Impact Analysis of Drivers and Restraints
5.4.1 Drivers
5.4.1.1 High Growth in Construction and Wind Energy Industries
5.4.1.2 High Growth in End-Use Industries of Asia-Pacific
5.4.1.3 Huge Developments in Emerging Economies
5.4.1.4 Technological Advancement in Manufacturing Process
5.4.2 Restraints
5.4.2.1 Environmental Regulation in European Countries
5.4.3 Opportunities
5.4.3.1 Lucrative Opportunities Across Asia-Pacific Market
5.5 Challenges
5.5.1 Increasing Competition From the Chinese Market

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Intensity of Competitive Rivalry
6.3.2 Bargaining Power of Buyers
6.3.3 Bargaining Power of Suppliers
6.3.4 Threat of Substitutes
6.3.5 Threat of New Entrants

7 Patent Details
7.1 Introduction
7.2 Patent Details

8 Macro Economic Overview and Key Trends
8.1 Introduction
8.2 Trends and Forecast of GDP
8.3 Trends and Forecast of the Construction Industry
8.3.1 North America: Trends and Forecast of the Construction Industry
8.3.2 Europe: Trends and Forecast of the Construction Industry
8.3.3 Asia-Pacific: Trends and Forecast of the Construction Industry
8.3.4 Middle East & Africa: Trends and Forecast of the Construction Industry
8.3.5 South America: Trends and Forecast of the Construction Industry

9 Epoxy Curing Agents Market, By Type
9.1 Introduction
9.2 Amine-Based Curing Agents
9.2.1 Aliphatic Amine Curing Agents
9.2.1.1 Primary & Secondary Aliphatic Amine
9.2.1.2 Modified Aliphatic Amine
9.2.2 Cycloaliphatic Amine Curing Agents
9.2.3 Polyamide Curing Agents
9.2.4 Amidoamines Curing Agents
9.2.5 Other Amines-Based Curing Agents
9.2.5.1 Metaphenylene Diamine (MPDA)
9.2.5.2 Methylene Dianiline (MDA)
9.3 Anhydride Curing Agents
9.3.1 Hexahydrophthalic Anhydride (HHPA)
9.3.2 Nadic Methyl Anhydride
9.3.3 Pyromellitic Dianhydride (PMDA)
9.3.4 Other Anhydride Curing Agents
9.4 Other Curing Agents
9.4.1 Polysulfides
9.4.2 Mercaptans
9.4.3 Phenalkamine
9.4.4 Phenalkamide
9.4.5 Polyamido-Amines
9.4.6 Latent Curing Agents

10 Epoxy Curing Agents Market, By Application
10.1 Introduction
10.2 Coatings
10.3 Electrical & Electronics
10.4 Wind Energy
10.5 Construction
10.6 Composites
10.7 Adhesives
10.8 Other Applications
10.8.1 Elastomers
10.8.2 Additives
10.8.3 Accelerators

11 Epoxy Curing Agents Market, By Region
11.1 Introduction
11.2 North America
11.2.1 Country-Wise Key Insights
11.2.1.1 U.S.
11.2.1.2 Canada
11.2.1.3 Mexico
11.3 Europe
11.3.1 Country-Wise Key Insights
11.3.1.1 Germany
11.3.1.2 France
11.3.1.3 Netherlands
11.3.1.4 U.K.
11.3.1.5 Russia
11.3.1.6 Italy
11.3.1.7 Turkey
11.3.1.8 Spain
11.3.1.9 Rest of Europe
11.4 Asia-Pacific
11.4.1 Country-Wise Key Insights
11.4.1.1 China
11.4.1.2 India
11.4.1.3 Japan
11.4.1.4 South Korea
11.4.1.5 Taiwan
11.4.1.6 Malaysia
11.4.1.7 Indonesia
11.4.1.8 Rest of Asia-Pacific
11.5 Middle East & Africa
11.5.1 Country-Wise Key Insights
11.5.1.1 UAE
11.5.1.2 Saudi Arabia
11.5.1.3 South Africa
11.6 South America
11.6.1 Country-Wise Key Insights
11.6.1.1 Brazil
11.6.1.2 Argentina
11.6.1.3 Colombia
11.6.1.4 Rest of South America

12 Market Share Analysis
12.1 Introduction

13 Competitive Landscape
13.1 Overview
13.2 Competitive Situation and Trends
13.2.1 New Product Launches
13.2.2 Mergers & Acquisitions
13.2.3 Investments & Expansions
13.2.4 Agreements

14 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
14.1 Evonik Industries
14.2 Air Products and Chemicals, Inc.
14.3 Hexion Inc.
14.4 BASF SE
14.5 Huntsman Corporation
14.6 Cardolite Corporation
14.7 Kukdo Chemical Co., Ltd.
14.8 Aditya Birla Chemicals (Thailand) Ltd.
14.9 Mitsubishi Chemical Corporation
14.10 Atul Limited
14.11 Epoxy Base Electronic Material Co. Ltd. (Grace Epoxy)
14.12 List of Other Companies

*Details Might Not Be Captured in Case of Unlisted Companies

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets Subscription Portal
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details

List of Tables

Table 1 Epoxy Curing Agents: Market Snapshot
Table 2 Trends and Forecast of GDP, USD Billion (2015–2021)
Table 3 Contribution of the Construction Industry to GDP in North America, By Country, USD Billion (2014–2021)
Table 4 Contribution of the Construction Industry to GDP in Europe, By Country, USD Billion (2014–2021)
Table 5 Contribution of the Construction Industry to GDP in Asia-Pacific, By Country, USD Billion (2014–2021)
Table 6 Contribution of the Construction Industry to GDP in Middle East & Africa, USD Billion (2014–2021)
Table 7 Contribution of the Construction Industry to GDP in South America, USD Billion (2014–2021)
Table 8 Epoxy Curing Agent Market Size, By Type, 2015–2022 (USD Million)
Table 9 Epoxy Curing Agent Market Size, By Type, 2015–2022 (Kiloton)
Table 10 Amine-Based Curing Agents Market Size, By Amine Type, 2015–2022 (USD Million)
Table 11 Amine-Based Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 12 Amine-Based Epoxy Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 13 Amine-Based Epoxy Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 14 Aliphatic Amine Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 15 Aliphatic Amine Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 16 Cycloaliphatic Amine Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 17 Cycloaliphatic Amine Curing Agents Market Size, By Region, 2015-2022 (Kiloton)
Table 18 Polyamide Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 19 Polyamide Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 20 Amidoamines Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 21 Amidoamines Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 22 Other Amines-Based Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 23 Other Amines-Based Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 24 Anhydrides Epoxy Curing Agent Market Size, By Region, 2015–2022 (USD Million)
Table 25 Anhydrides Epoxy Curing Agent Market Size, By Region, 2015–2022 (Kiloton)
Table 26 Other Epoxy Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 27 Other Epoxy Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 28 Epoxy Curing Agents Market Size, By Application, 2015–2022 (USD Million)
Table 29 Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 30 Epoxy Curing Agents Market Size in Coatings, By Region, 2015–2022 (USD Million)
Table 31 Epoxy Curing Agents Market Size in Coatings, By Region, 2015–2022 (Kiloton)
Table 32 Epoxy Curing Agents Market Size in Electrical & Electronics, By Region, 2015–2022 (USD Million)
Table 33 Epoxy Curing Agents Market Size in Electrical & Electronics, By Region, 2015–2022 (Kiloton)
Table 34 Epoxy Curing Agents Market Size in Wind Energy, By Region, 2015–2022 (USD Million)
Table 35 Epoxy Curing Agents Market Size in Wind Energy, By Region, 2015–2022 (Kiloton)
Table 36 Epoxy Curing Agents Market Size in Construction, By Region, 2015–2022 (USD Million)
Table 37 Epoxy Curing Agents Market Size in Construction, By Region, 2015–2022 (Kiloton)
Table 38 Epoxy Curing Agents Market Size in Composites, By Region, 2015–2022 (USD Million)
Table 39 Epoxy Curing Agents Market Size in Composites, By Region, 2015–2022 (Kiloton)
Table 40 Epoxy Curing Agents Market Size in Adhesives, By Region, 2015–2022 (USD Million)
Table 41 Epoxy Curing Agents Market Size in Adhesives, By Region, 2015–2022 (Kiloton)
Table 42 Epoxy Curing Agents Market Size in Other Applications, By Region, 2015–2022 (USD Million)
Table 43 Epoxy Curing Agents Market Size in Other Applications, By Region, 2015–2022 (Kiloton)
Table 44 Epoxy Curing Agents Market Size, By Region, 2015–2022 (USD Million)
Table 45 Epoxy Curing Agents Market Size, By Region, 2015–2022 (Kiloton)
Table 46 North America: Epoxy Curing Agents Market Size, By Country, 2015–2022 (USD Million)
Table 47 North America: Epoxy Curing Agents Market Size, By Country, 2015–2022 (Kiloton)
Table 48 North America: Epoxy Curing Agents Market Size, By Type, 2015–2022 (USD Million)
Table 49 North America: Epoxy Curing Agents Market Size, By Type, 2015–2022 (Kiloton)
Table 50 North America: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (USD Million)
Table 51 North America: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 52 North America: Epoxy Curing Agents Market Size, By Application, 2015–2022 (USD Million)
Table 53 North America: Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 54 Europe: Epoxy Curing Agents Market Size, By Country, 2015–2022 (USD Million)
Table 55 Europe: Epoxy Curing Agents Market Size, By Country, 2015–2022 (Kiloton)
Table 56 Europe: Epoxy Curing Agents Market Size, By Type, 2015–2022 (USD Million)
Table 57 Europe: Epoxy Curing Agents Market Size, By Type, 2015–2022 (Kiloton)
Table 58 Europe: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (USD Million)
Table 59 Europe: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 60 Europe: Epoxy Curing Agents Market Size, By Application 2015–2022 (USD Million)
Table 61 Europe: Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 62 Asia-Pacific: Epoxy Curing Agents Market Size, By Country, 2015–2022 (USD Million)
Table 63 Asia-Pacific: Epoxy Curing Agents Market Size, By Country, 2015–2022 (Kiloton)
Table 64 Asia-Pacific: Epoxy Curing Agents Market Size, By Type, 2015–2022 (USD Million)
Table 65 Asia-Pacific: Epoxy Curing Agents Market Size, By Type, 2015–2022 (Kiloton)
Table 66 Asia-Pacific: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (USD Million)
Table 67 Asia-Pacific: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 68 Asia-Pacific: Epoxy Curing Agents Market Size, By Application, 2015–2022 (USD Million)
Table 69 Asia-Pacific: Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 70 Middle East & Africa: Epoxy Curing Agents Market Size, By Country, 2015–2022 (USD Million)
Table 71 Middle East & Africa: Epoxy Curing Agents Market Size, By Country, 2015–2022 (Kiloton)
Table 72 Middle East & Africa: Epoxy Curing Agents Market Size, By Type, 2015–2022 (USD Million)
Table 73 Middle East & Africa: Epoxy Curing Agents Market Size, By Type, 2015–2022 (Kiloton)
Table 74 Middle East & Africa: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (USD Million)
Table 75 Middle East & Africa: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 76 Middle East & Africa: Epoxy Curing Agents Market Size, By Application, 2015–2022 (USD Million)
Table 77 Middle East & Africa: Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 78 South America: Epoxy Curing Agents Market Size, By Country, 2015–2022 (USD Million)
Table 79 South America: Epoxy Curing Agents Market Size, By Country, 2015–2022 (Kiloton)
Table 80 South America: Epoxy Curing Agents Market Size, By Type, 2015–2022 (USD Million)
Table 81 South America: Epoxy Curing Agents Market Size, By Type, 2015–2022 (Kiloton)
Table 82 South America: Epoxy Curing Agents Market, By Amine Type, 2015–2022 (USD Million)
Table 83 South America: Epoxy Curing Agents Market Size, By Amine Type, 2015–2022 (Kiloton)
Table 84 South America: Epoxy Curing Agents Market Size, By Application, 2015–2022 (USD Million)
Table 85 South America: Epoxy Curing Agents Market Size, By Application, 2015–2022 (Kiloton)
Table 86 New Product Launches, 2012–2017
Table 87 Mergers & Acquisitions, 2012–2017
Table 88 Investments & Expansions, 2012–2017
Table 89 Agreements, 2012–2017

List of Figures

Figure 1 Epoxy Curing Agents: Market Segmentation
Figure 2 Epoxy Curing Agents Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Epoxy Curing Agents Market: Data Triangulation
Figure 6 Asia-Pacific to Dominate the Epoxy Curing Agents Market Till 2022
Figure 7 Amine-Based Epoxy Curing Agents: the Largest Type of the Epoxy Curing Agents Market Between 2017 and 2022
Figure 8 Wind Energy to Be the Fastest-Growing Application Between 2017 and 2022
Figure 9 Asia-Pacific to Be the Fastest-Growing Market for Epoxy Curing Agents By 2022
Figure 10 Emerging Economies Offer Attractive Opportunities in the Epoxy Curing Agents Market
Figure 11 Amine-Based Curing Agents Dominate the Epoxy Curing Agents Market
Figure 12 Coatings Application Captured the Largest Share in the Emerging Asia-Pacific Market in 2016
Figure 13 India to Be the Fastest-Growing Market for Epoxy Curing Agents
Figure 14 The Market in Developing Countries to Grow Faster Than That in Developed Countries, 2017–2022
Figure 15 Epoxy Curing Agents Market, By Region
Figure 16 Drivers, Restraints, Opportunities, and Challenges in the Epoxy Curing Agents Market
Figure 17 Impact Analysis: Epoxy Curing Agents Market
Figure 18 Cumulative Growth in Global Wind Capacity, 2015–2020
Figure 19 Emerging Economies: Investment in Infrastructure Development, 2008–2017
Figure 20 Epoxy Curing Agent Market: Value Chain Analysis
Figure 21 Epoxy Curing Agents Market: Porter’s Five Forces Analysis
Figure 22 Japan Accounted for the Highest Number of Patents Between 2015 and 2016
Figure 23 Hexcel Composites Ltd Registered the Highest Number of Patents Between 2015 and 2016
Figure 24 GDP of Major Countries in the World in 2015
Figure 25 Amine–Based Curing Agents to Dominate Epoxy Curing Agents Market Between 2017 and 2022
Figure 26 Coatings and Electrical & Electronics Industries to Drive the Market
Figure 27 Wind Energy is the Fastest-Growing Application Segment, 2017–2022
Figure 28 Growth in Electronics Industry
Figure 29 Wind Energy Market Forecast, By Region, 2016–2020
Figure 30 Construction Sector Growth: Developing vs Developed Nations
Figure 31 Regional Snapshot: Epoxy Curing Agents Market, Key Countries
Figure 32 Future Growth for Epoxy Curing Agents Type Centered in Asia-Pacific Between 2017 and 2022
Figure 33 Asia-Pacific to Be Fastest-Growing Application Market for Epoxy Curing Agents Market Between 2017 and 2022
Figure 34 Epoxy Curing Agents Market Was Dominated By Asia-Pacific in 2016
Figure 35 Asia-Pacific Was the Largest Epoxy Curing Agents Market in 2016
Figure 36 North American Epoxy Curing Agents Market Snapshot: U.S. Was the Largest Market in 2016
Figure 37 Europe Epoxy Curing Agents Market Snapshot: Germany is the Largest Market, 2016
Figure 38 Asia-Pacific Epoxy Curing Agents Market Snapshot: China is the Most Lucrative Market
Figure 39 Leading Players Dominated the Epoxy Curing Agents Market in 2016
Figure 40 Companies Adopted New Product Launches as the Key Growth Strategy Between 2012 and 2017
Figure 41 New Product Launches: the Key Strategy Between 2012 and 2017
Figure 42 Evonik Industries: Company Snapshot
Figure 43 Evonik Industries: SWOT Analysis
Figure 44 Air Products and Chemicals, Inc.: Company Snapshot
Figure 45 Hexion Inc.: Company Snapshot
Figure 46 Hexion Inc.: SWOT Analysis
Figure 47 BASF SE: Company Snapshot
Figure 48 BASF SE: SWOT Analysis
Figure 49 Huntsman Corporation: Company Snapshot
Figure 50 Huntsman Corporation: SWOT Analysis
Figure 51 Aditya Birla Chemicals (Thailand) Ltd.: Business Overview
Figure 52 Mitsubishi Chemical Corporation: Company Snapshot
Figure 53 Atul Limited: Company Snapshot

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