Asia-Pacific Epoxy Curing Agent market Analysis Report on Size and Growth to 2024


Posted December 13, 2019 by mohammedimtiaz

A new waterborne, emulsion-type epoxy-pressed coating agent NX-8401 was launched at Cardolite in December 2017. The material is solvent-free, low viscosity and water-reducible.
 
Asia-Pacific Epoxy Curing Agent market Size and Growth Rate:
The Epoxy Curing Agent market was estimated at USD 4.2 billion in 2019 and is expected to grow at a CAGR rate of 6.0% to reach USD 5.9 billion in 2024.

Asia-Pacific Epoxy Curing Agent market Overview:
A new waterborne, emulsion-type epoxy-pressed coating agent NX-8401 was launched at Cardolite in December 2017. The material is solvent-free, low viscosity and water-reducible. In March 2017, Huntsman Corporation released Ara, a new range of heavy-duty industrial coating agents for the oil and gas, marine, transport and industrial maintenance industries, for use with low-temperature curing agents.

The method of the linear epoxy resin with suitable healing agents to create thermoset structures that are interlinked in three dimensions is known as an epoxy cure. Epoxy healing agents give an outstanding bonding ability even after diagnosis. This provides excellent mechanical strength, high chemical resistance and electrical insulation. To order to be mixed and cured together with various curing agents, the epoxy resins can also have different properties. Epoxy resins cure is an exothermic reaction that, in some cases, generates enough energy, if not regulated, to cause thermal degradation. Epoxy Resin has outstanding mechanical strength, chemical resistance and electrical isolation characteristics after application.

Besides, amines are used extensively in the production of high-solid coatings, which emit not only low volume VOCs, but also provide high resistance to oxidation, edge retention and coating thickness. Such solid lacquers are used on ships, well deck surfaces and top surfaces throughout the military industry. These also mark directions, warning signs and others in factories and commercial premises. As a result, both price and volume are expected to increase significantly in the forecast time due to these factors on demand for epoxy curing agents.

Asia-Pacific Epoxy Curing Agent market Growth Drivers:
The purchasing power of consumers is strengthened by factors such as population growth, urbanization and economic improvements by contributions to the development of the APAC market. Increased demand for construction and wind energy, technical advancement in the production industry and growing demand for environmentally friendly paints and coatings.

The epoxy curing agents market is driven primarily by increased demand for adhesive and coating epoxy cure agents. In addition, increased demand for adhesives is expected to dominate the global epoxy curing agent market in the review period in the construction sector. This will have a positive effect on the market for epoxy curing agents in the construction industry. For example, in the construction industry, adhesive and thermosetting adhesives that are of higher strength and environmental protection are used to produce tertiary and secondary amines, imidazoles, and polysulfides. In the near future, APAC will remain the most lucrative end-use market. The steady rise in the production of goods for use in the area and exports is driving demand for healing agents. The growing population and end-use industries have led to innovation and innovations in the end-use sectors and have made them a worldwide actively applied industry.

Asia-Pacific Epoxy Curing Agent market Regional Existence:
Asia-Pacific, followed by North America and Europe, holds major market share owner in 2018.Due to Increasing economies, growth of end-usage industries and an increase in their demands in the APAC region, particularly emerging economies such as China, India, Thailand, Indonesia and Malaysia are driving the growth of the industry.

The Asia-Pacific region, will therefore, proceed to dominate theEpoxy Curing Agent marketbecause of the variables listed above.

Prominent Companies in the Asia-Pacific Epoxy Curing Agent market analyzed in the report are:
• Evonik Industries AG
• BASF SE
• Huntsman International, LLC
• Cardolite Corporation
• Kukdo Chemical Co., Ltd
• Aditya Birla Chemicals
• Mitsubishi Chemical Corporation
• The Dow Chemical Company
• Air Products and Chemicals, Inc

This research report includes following segmentation for the Asia-Pacific Epoxy Curing Agent market size and forecast until 2024:

Asia-Pacific Epoxy Curing Agent market - By Type:
• Amine-Based Curing Agents
• Anhydride Curing Agents
• curing agents
• including amides
• polyamines
• amines
• polyamides
• phenolics
• anhydrides etc

Asia-Pacific Epoxy Curing Agent market - By Application:
• Coatings
• Construction
• Adhesives
• Composites
• Wind Energy
• Electrical & Electronics

Asia-Pacific Epoxy Curing Agent market - By Geography:
• China
• India
• Japan
• South Korea
• South-East Asian

RESEARCH METHODOLOGY:
The research of the Asia-Pacific Epoxy Curing Agent market takes place in two phases namely-
Primary Research this entails conducting hundreds of primary interviews with industry participants and commentators in order to validate the data points obtained from secondary research and to fill the data gaps. A primary interview provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in deciding the scope and deliverables of the study in terms of the requirement of the market. Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies.
Secondary Research The first phase of the research process is an extensive secondary research and identification of the related intelligence. Secondary data is compiled from various sources. An extensive secondary research helps in generating hypotheses and identifying critical areas of interest that are investigated through primary research.

Asia-Pacific Epoxy Curing Agent market Research Report Key Highlights:
• The evaluation of the current product and services market and the future implications of the market.
• Address the matter by better understanding the market through size estimates and CAGR analysis to forecast the future market.
• Wider segmentation to better understand the dynamics of the market at a very small level by dividing the market into smaller segments.
• Address the key market challenges, drivers and restraints with the goal of providing insights for gaining market share.
• Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of the competitive environment.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mohammed Imtiaz
Phone 08887029626
Business Address Market Data Forecast, Inc.2nd Floor, Lakeview Plaza, Kavuri Hills,Hyderabad, Telangana 500033, India.
Country India
Categories Architecture
Tags asiapacific epoxy curing agent market
Last Updated December 13, 2019