Epoxy curing agents are chemical substances that harden epoxy resins by initiating a cross-linking reaction. This method transforms the liquid resin into a solid, long-lasting substance with outstanding mechanical, thermal, and chemical resistance. Amines, anhydrides, and polymercaptans are common curing agents, each with their own set of characteristics and applications. Epoxy curing agents are commonly employed in coatings, adhesives, composites, and electronics because of their ability to improve performance and adjust qualities to specific industrial requirements.
According to SPER market research, ‘Global Epoxy Curing Agents Market Size- By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Epoxy Curing Agents Market is predicted to reach 7494.9 million by 2034 with a CAGR of 7.05%.
Drivers:
The market expansion for epoxy curing agents is largely driven by the growing need for epoxy resins in the infrastructure and construction industries. Because of their exceptional mechanical strength, chemical resistance, and durability, epoxy resins are frequently employed in coatings, adhesives, and composites. They are necessary for protective barriers, structural adhesives, and floor coatings in construction, which improve the durability and functionality of infrastructure and structures. The need for cutting-edge materials like epoxy curing agents is rising due to global infrastructure development, urbanisation, and renovation projects, which is driving market expansion.
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Restraints:
The increasing restrictions on VOC emissions, hazardous chemicals, and waste disposal are significant barriers to the growth of the epoxy curing agent market. Regulatory bodies like REACH in Europe and the EPA in North America are limiting solvent-based epoxy formulations, prompting manufacturers to develop low-VOC and water-based curing agents as alternatives.
Following environmental regulations for safety, air quality, and chemical exposure leads to higher production costs and reformulation challenges. While bio-based and low-emission curing agents are alternatives, their high costs and performance issues make them unpopular in cost-sensitive industries.
The market was dominated by Asia Pacific, which held the greatest share in 2024. The product's growing use in the electronics and electrical industries is the reason for this expansion. Further propelling the Asia Pacific market is anticipated to be the growing construction activity in emerging economies like China, India, Japan, South Korea, and Australia. Some of the key market players are Hexion Inc, Olin Corporation, Huntsman Corporation, Evonik Industries, BASF SE, Air Products and Chemicals, Inc, and others.
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Epoxy Curing Agents Market Growth
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