Global Curing Agents Market Outlook to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 12, 2019--
The “Curing Agents Market by Type and Geography - Global Forecast and Analysis 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The curing agents market analysis considers sales of curing agents such as epoxy, polyurethane, and silicon-based curing agents. The analysis also considers the sales of curing agents in APAC, Europe, North America, South America, and MEA.
In 2018, the epoxy segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing use of epoxy curing agents in manufacturing electronic products such as electric laminate will play a significant role in the epoxy segment to maintain its market position.
Also, the market report looks at factors such as the growing demand for coating in the electric industry, high demand from end-user industries, and rising demand for curing agents in APAC.
However, fluctuating raw material prices, stringent government regulations and policies, and lack of awareness about eco-friendly products may hamper the growth of the curing agents industry over the forecast period.
High demand from end-user industries
The global automotive industry has been driving the demand for curing agents. Epoxy curing agents are extensively used for interior and exterior applications in cars to provide a superior wet look, outdoor durability, improved adhesion to plastics, and ultraviolet (UV) resistance. The growth in the construction industry drives the demand for curing agents.
In the construction industry, curing agents are used in floor carpets, industrial flooring, concrete flooring, self-leveling flooring, and wooden flooring. This will create new growth opportunities for curing agent manufacturers and will lead to the expansion of the global curing agents market at a CAGR of over 6% during the forecast period.
Increasing emergence of technologically advanced curing agents
Advanced curing agents such as waterborne coatings are not only cost-effective and environmentally friendly but also have curing abilities at even low temperatures. The adoption of these curing agents is increasing among end-users for various industrial purposes. The introduction of such advanced curing agents is expected to have a positive impact on the overall market growth.
With the presence of several major players, the global curing agents market is fairly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading curing agents manufacturers, that include:
Also, the curing agents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/u0b39d
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INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 09/12/2019 12:52 PM/DISC: 09/12/2019 12:52 PM