Global Epoxy Curing Agents Market Projected to Record Highest CAGR by 2028
Posted by Arslan on September 27th, 2019
The report studies the epoxy curing agents market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report on epoxy curing agents market to its wide online database including upcoming trends and market growth factors through 2028. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.
Notable Developments in the Epoxy Curing Agents Market:
Other key companies in the epoxy curing agents market include Olin Corporation, Evonik Industries AG, Hexion Inc., Gabriel Performance Products, BASF SE, Cargill Incorporated, DIC Corporation, Mitsubishi Chemical Corporation, Showa Denko KK, Toray Fine Chemicals Co. Ltd, and Aditya Birla Corporation.
Stringent regulatory norms and quality standards are bolstering the use of lightweight materials in various industrial sectors, including aerospace as well as automotive industries. In addition, epoxy curing agents have been witnessing burgeoning demand the manufacturing of printed circuit boards (PCBs) that are vastly used in an exhaustive range of electronic products, such as mobile devices, smartphones, automotive electronics, machinery, and other consumer electronics. Thereby, growing demand for epoxy curing agents as a lightweight raw materials in various industrial applications will continue to hold a significant impact on developments in the epoxy curing agents market in upcoming years.
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Various types of epoxy curing agents, such as amides and polyamides, amines and polyamines, phenolic, and anhydrides, find numerous applications across various industrial sectors. Increasing demand for amines and polyamines in most industrial applications is leading to account for over 48% revenue share in the epoxy curing agents market. However, owing to stringent regulatory norms due to harmful volatile organic compounds (VOCs) emissions vis-à-vis amines and polyamides, end-users in the epoxy curing agents market are shifting to amide and polyamides. Thereby, amines and polyamines are likely to lose their market share to amides and polyamides in the upcoming years.
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About the AuthorArslan
Joined: December 18th, 2017
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