According to a new market report published by Lucintel, the future of the epoxy curing agent in the global paint and coatings industry looks good, with opportunities in the polyamide, aliphatic, cycloaliphatic, dicyandiamide, phenalkamine, amidoamine, and phenol curing agents. The epoxy curing agent in global paint and coatings industry is expected to reach an estimated $1,644 million by 2020 and it is forecast to grow at a CAGR of 4.4% from 2016 to 2021. The major drivers for the growth of this market are growth of end-use industries and increasing use of high-performance epoxy-based coatings.
Browse 20 market data tables and 75 figures spread through 108 pages and in-depth TOC on “Epoxy Curing Agent in the Global Paint and Coatings Market"
http://www.lucintel.com/epoxy_curing_agent_in_coatings_industry_2020_.aspx
In this market, polyamide, aliphatic, cycloaliphatic, phenalkamine, amidoamine, dicyandiamide, and phenol are the major products used as curing agents in the global paint and coatings industry. Polyamide is the largest product segment and is expected to remain so during the forecast period. On the basis of comprehensive research, Lucintel forecasts that the demand for dicyandiamide curing agent to experience the highest growth rate during the forecast period supported by growth of end-use industries.
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The Asia Pacific is expected to remain the largest market due to growth of paint and coatings industry. Asia Pacific is expected to show above average growth during the forecast period due to increasing demand for high-performance epoxy-based coatings in the automotive, marine, aerospace, and other industries.
For business expansion, Lucintel’s report suggests innovation and new product development so that the unique characteristics of epoxy curing agent can be capitalized. Some of the innovation areas in epoxy curing agent could be in the areas of curing time, low yellowing, color stability, and low volatile organic compounds (VOC) release.
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Emerging trends, which have a direct impact on the dynamics of the industry, include development of epoxy curing agent with low temperature cure and improved performance characteristics. Air Products, BASF SE, Huntsman, Momentive, and Cardolite Corporation are among the major players of epoxy curing agent in the global paint and coatings industry.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the epoxy curing agent market in the global paint and coatings industry by product type and region, and compiled a comprehensive research report entitled “Growth Opportunities for Epoxy Curing Agent in the Global Paint and Coatings Industry 2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions.
The study includes a forecast for epoxy curing agents in the global paint and coatings industry through 2020, segmented by product type and region as follows:
Epoxy curing agent market by product type [Volume (M lbs) and Value ($ Million) from 2009 to 2020]:
Polyamide
Aliphatic Amines
Cycloaliphatic Amines
Phenalkamine
Amidoamine
Dicyandiamide
Phenol
Catalyst
Others
Epoxy curing agent market by region [Volume (M lbs) and Value ($M) from 2009 to 2020]:
North America
Europe
Asia Pacific
The Rest of the World
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This 108-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/epoxy_curing_agent_in_coatings_industry_2020_.aspx or helpdesk@lucintel.com.
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