Curing Agent: Paint and Coating Applications Continue to Dominate Industry
Posted by Deeksha on October 3rd, 2019
The prospects for the future of the worldwide curing agent market is expected to be good for the coming years, especially in terms of applications in industrial sectors such as electronics, electricals, paints, coating, and composite material production. The curing agent industry is projected to be driven by the growth of these end use industries, which is augmented by the rising demand for high performance formulations of resins.
In terms of epoxy curing agents, variants such as phenol, polyamide, anhydride, cycloaliphatic, polymercaptan, aromatic, dicyandiamide, and phenalkamine find widespread use in numerous applications. Most of these variants are projected to display above average growth rates owing to the sustained demand in the end use applications.
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A study of the global curing agent industry is collated and published in the report titled, “Global Curing Agent Market 2019-2023, Trends and Forecast Report” that has been added to the extensive research repository of Market Research Hub (MRH).
The application of curing agents for composite materials and electricals and electronics are anticipated to display above average values of growth during the forecast period through 2023. The paint and coating industry is expected to remain one of the largest end use segments in terms of market value and consumption volumes.
Phenol variants of curing agents are rapidly replacing dicyandiamide variants, owing to the development of curing agents that contain lower levels of volatile organic compounds. Manufacturers focus on aspects of development such as reduction in the release of volatile organic compounds, lower temperature cures, and superior color stability. Some of the major players operating in the global curing agent market include Arizona Chemical, Air Products, Dow Chemicals, Momentive, BASF SE, and Huntsman, all of who are expected to find better opportunities of growth in nations of the Asia Pacific.
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Curing agent Market: Overview of Report
The report on the curing agent industry provides the readers with an in-depth analysis on the landscape of epoxy and non-epoxy variants around the globe. Industry-based forecasting models include a complete analysis of the research publications and primary interviews with manufacturers in addition to the relevant consumer data.
The report also includes detailed interviews conducted by leading market analysts with industry leaders, subject experts and industry analysts to provide essential validations of the production volume and relevant conclusions in the study.
The curing agent report forecasts performance of the market progress in terms of volume trajectories by different categories including the cost of production and raw materials, in addition to factors such as the growth of the personal care market. For each of these categories, business development strategies and market projections that have been adopted by key market players for specific strategies have also been included in the report.
Valuable insights which can be helpful for manufacturers that are operating in the curing agent industry are provided in the report. Also, a study of barriers to market entry, pricing analysis, market expansion strategies, and supply to demand equations makes the report a very credible source of information for business professionals interested in the curing agent market.
About the AuthorDeeksha
Joined: January 3rd, 2019
Articles Posted: 12,334
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