According to a new market report published by Lucintel, the future of the epoxy curing agent in composites market looks good, with opportunities in the aerospace, pipe and tank, and wind energy applications. Epoxy curing agents are chemically active compounds those help in resin formulation and promote cross linking reaction to form a rigid thermoset structure. The epoxy curing agent in the global composites industry is decline in 2025 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 2% to 4% from 2025 to 2025. The major drivers of growth for this market are growth of end-use industries and increasing use of high-performance epoxy-based composite materials.
Browse 29 market data tables and 86 figures spread through 115 pages and in-depth TOC on “Epoxy Curing Agent in Composites Market” http://www.lucintel.com/epoxy_curing_in_composites_industry_2025.aspx
In this market, aliphatic, cycloaliphatic, aromatic, dicyandiamide, and anhydride are the major products used as curing agents in the global composites industry. Aliphatic is the largest product segment and is expected to remain the same during the forecast period. Lucintel predicts that the demand for aromatic is expected to experience the highest growth rate in the forecast period supported by growing demand for high performance composites in aerospace applications.
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Asia Pacific is expected to remain the largest market due to growth of composites industry. North America is expected to show above average growth during the forecast period due to increasing demand for high-performance epoxy-based composites in the aerospace, wind energy, and other end use industries.
For market expansion, the report suggests innovation and new product development, where the unique characteristics of epoxy curing agent can be capitalized. Some of the innovation areas in epoxy curing agent could be in the lowering of curing time, increasing pot life, and lowering the heat of exothermic reaction.
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Emerging trends, which have a direct impact on the dynamics of the industry, include development of epoxy curing agents which are less hazardous to human health and have faster cure, and improved performance characteristics. Air Products, BASF SE, Huntsman, Momentive, and Dow Chemicals are among the major players of epoxy curing agent in the global composites industry.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the epoxy curing agent market in the global composites industry by end use application, product type and region, and has come up with a comprehensive research report, “Growth Opportunities in Epoxy Curing Agent in Composites Market 2020-2025: Trend, 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 agent in composites market through 2025, segmented by end use application, product type and region as follows:
Epoxy curing agent in composites market by end use application type [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:
Wind Energy
Pipe and Tank
Aerospace
Others
Epoxy curing agent in composites market by product type [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:
Aliphatic Amines
Cycloaliphatic Amines
Aromatic Amines
Dicyandiamide
Anhydride
Catalyst
Epoxy curing agent in composites market by region [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:
North America
Europe
Asia Pacific
Rest of the World
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This 115-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_in_composites_industry_2025.aspx or helpdesk@lucintel.com.
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