Curing Agents Market Report - (Growth and Size by 2031)
The Curing Agents Market is expected to register a CAGR of 5.0% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The curing agents market is segmented into type, application, and geography. Based on type, the market is segmented into epoxy, polyurethane, silicone rubber, and others. Based on application, the market is segmented into coatings, electrical and electronics, composites, adhesives, construction, wind energy, and others. The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Curing Agents Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Curing Agents Market Segmentation
Type- Epoxy
- Polyurethane
- Silicone Rubber
- Others
- Coatings
- Electrical and Electronics
- Composites
- Adhesives
- Construction
- Wind Energy
- Others
Strategic Insights
Curing Agents Market Growth Drivers- Increase in Demand for Construction Materials: The construction sector worldwide is gaining robust growth due to urbanization, infrastructure, and more for houses and other commercial buildings. Curing agents have an important role in delivering improvements in concrete as well as other construction materials in terms of durability, strength, and lifetime. Thus, the effective demand for curing agents is forecasted to be increased along with global construction activities.
Technological Advancement: Changes in the market are due to advances in formulation and application techniques for curing agents. The eco-friendly and high-performance curing agents, which minimize environmental impact while improving efficiency, are gaining attention. An emphasis on sustainable construction practices and a move toward energy-efficient construction methods are encouraging manufacturers to engage in research and development that leads to emerging advanced curing solutions.
The growth of infrastructure has been given more significant attention and investments in infrastructure projects in most developing economies, which drivers the curing agent market to a great extent. Most smart city projects, transportation networks, and renewable energy installations require high-performance materials to meet sharp quality and durability standards.
- Sustainable and eco-friendly products: There is a growing trend of sustainable construction; thus, new eco-friendly curing agents are required. Manufacturers are formulating water-based, bio-based, and low-VOC curing agents to respond to both the requirements of environmental regulation and the aspirations of conscious consumers.
Smart construction technologies advancement: The application of smart technologies in the process of construction is one of the advancements. Curing agents are used whereby IoT monitoring systems can monitor and control them. This is part of the broader tendency towards data-driven construction practices, thus enhancing curing processes and material performance.
Regional Market Growth: Asia-Pacific, Latin America, and the Middle East are developing at a rapid pace owing to developing economies. The regions are shifting more towards infrastructure development, which increases the level of demand for curing agents, supplemented by inflows of foreign investments and manufacturing units set up by global players to satisfy local needs.
- Expansion in Emerging Markets: This is the most optimistic area for expansion in emerging markets, where fast growth in urbanization and infrastructure projects are taking place. Companies could take advantage of increased demand by building production facilities within regions and distributing goods to meet specific local needs.
Innovative product development: Great opportunities to innovate new formulations of cure agents to address very small niche markets, like cure agents for high performance application with extreme weather conditions. Those products, which will add an additional advantage such as a faster cure or improved performance at low temperatures, can fill substantial parts of the market.
Collaboration and Strategic Partnerships: There is also a chance of discovering new avenues as regards curing agent introduction in relation to collaboration with construction companies, architects, and material suppliers. Strategic partnerships help in the introduction of new products into the market, which may increase the visibility among target customers and, therefore, enhance sales growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Curing Agents Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Curing Agents Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Curing Agents Market is estimated to witness a CAGR of 5.0% from 2023 to 2031
The major factors driving the curing agents market are:
1.Rising Demand for Construction Materials
2. Technological Advancements
BASF SE, Albemarle Corporation, Huntsman International LLC, Cargill, Incorporated, Cardolite Corporation, Hexion, Evonik, and Campbell Plastics are some of the players operating in the market.
On the basis of geography, the curing agents market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Rising demand for sustainable and eco-friendly products is expected to be the key market trend.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Curing Agents Market - By Type
1.3.2 Curing Agents Market - By Application
1.3.3 Curing Agents Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CURING AGENTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CURING AGENTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CURING AGENTS MARKET - GLOBAL MARKET ANALYSIS
6.1. CURING AGENTS - GLOBAL MARKET OVERVIEW
6.2. CURING AGENTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CURING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. EPOXY
7.3.1. Overview
7.3.2. Epoxy Market Forecast and Analysis
7.4. POLYURETHANE
7.4.1. Overview
7.4.2. Polyurethane Market Forecast and Analysis
7.5. SILICONE RUBBER
7.5.1. Overview
7.5.2. Silicone Rubber Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CURING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COATINGS
8.3.1. Overview
8.3.2. Coatings Market Forecast and Analysis
8.4. ELECTRICAL AND ELECTRONICS
8.4.1. Overview
8.4.2. Electrical and Electronics Market Forecast and Analysis
8.5. COMPOSITES
8.5.1. Overview
8.5.2. Composites Market Forecast and Analysis
8.6. ADHESIVES
8.6.1. Overview
8.6.2. Adhesives Market Forecast and Analysis
8.7. CONSTRUCTION
8.7.1. Overview
8.7.2. Construction Market Forecast and Analysis
8.8. WIND ENERGY
8.8.1. Overview
8.8.2. Wind Energy Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. CURING AGENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Curing Agents Market Overview
9.1.2 North America Curing Agents Market Forecasts and Analysis
9.1.3 North America Curing Agents Market Forecasts and Analysis - By Type
9.1.4 North America Curing Agents Market Forecasts and Analysis - By Application
9.1.5 North America Curing Agents Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Curing Agents Market
9.1.5.1.1 Canada Curing Agents Market by Type
9.1.5.1.2 Canada Curing Agents Market by Application
9.1.5.2 Mexico Curing Agents Market
9.1.5.2.1 Mexico Curing Agents Market by Type
9.1.5.2.2 Mexico Curing Agents Market by Application
9.1.5.3 US Curing Agents Market
9.1.5.3.1 US Curing Agents Market by Type
9.1.5.3.2 US Curing Agents Market by Application
9.2. EUROPE
9.2.1 Europe Curing Agents Market Overview
9.2.2 Europe Curing Agents Market Forecasts and Analysis
9.2.3 Europe Curing Agents Market Forecasts and Analysis - By Type
9.2.4 Europe Curing Agents Market Forecasts and Analysis - By Application
9.2.5 Europe Curing Agents Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Curing Agents Market
9.2.5.1.1 Germany Curing Agents Market by Type
9.2.5.1.2 Germany Curing Agents Market by Application
9.2.5.2 France Curing Agents Market
9.2.5.2.1 France Curing Agents Market by Type
9.2.5.2.2 France Curing Agents Market by Application
9.2.5.3 Italy Curing Agents Market
9.2.5.3.1 Italy Curing Agents Market by Type
9.2.5.3.2 Italy Curing Agents Market by Application
9.2.5.4 United Kingdom Curing Agents Market
9.2.5.4.1 United Kingdom Curing Agents Market by Type
9.2.5.4.2 United Kingdom Curing Agents Market by Application
9.2.5.5 Russia Curing Agents Market
9.2.5.5.1 Russia Curing Agents Market by Type
9.2.5.5.2 Russia Curing Agents Market by Application
9.2.5.6 Rest of Europe Curing Agents Market
9.2.5.6.1 Rest of Europe Curing Agents Market by Type
9.2.5.6.2 Rest of Europe Curing Agents Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Curing Agents Market Overview
9.3.2 Asia-Pacific Curing Agents Market Forecasts and Analysis
9.3.3 Asia-Pacific Curing Agents Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Curing Agents Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Curing Agents Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Curing Agents Market
9.3.5.1.1 Australia Curing Agents Market by Type
9.3.5.1.2 Australia Curing Agents Market by Application
9.3.5.2 China Curing Agents Market
9.3.5.2.1 China Curing Agents Market by Type
9.3.5.2.2 China Curing Agents Market by Application
9.3.5.3 India Curing Agents Market
9.3.5.3.1 India Curing Agents Market by Type
9.3.5.3.2 India Curing Agents Market by Application
9.3.5.4 Japan Curing Agents Market
9.3.5.4.1 Japan Curing Agents Market by Type
9.3.5.4.2 Japan Curing Agents Market by Application
9.3.5.5 South Korea Curing Agents Market
9.3.5.5.1 South Korea Curing Agents Market by Type
9.3.5.5.2 South Korea Curing Agents Market by Application
9.3.5.6 Rest of Asia-Pacific Curing Agents Market
9.3.5.6.1 Rest of Asia-Pacific Curing Agents Market by Type
9.3.5.6.2 Rest of Asia-Pacific Curing Agents Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Curing Agents Market Overview
9.4.2 Middle East and Africa Curing Agents Market Forecasts and Analysis
9.4.3 Middle East and Africa Curing Agents Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Curing Agents Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Curing Agents Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Curing Agents Market
9.4.5.1.1 South Africa Curing Agents Market by Type
9.4.5.1.2 South Africa Curing Agents Market by Application
9.4.5.2 Saudi Arabia Curing Agents Market
9.4.5.2.1 Saudi Arabia Curing Agents Market by Type
9.4.5.2.2 Saudi Arabia Curing Agents Market by Application
9.4.5.3 U.A.E Curing Agents Market
9.4.5.3.1 U.A.E Curing Agents Market by Type
9.4.5.3.2 U.A.E Curing Agents Market by Application
9.4.5.4 Rest of Middle East and Africa Curing Agents Market
9.4.5.4.1 Rest of Middle East and Africa Curing Agents Market by Type
9.4.5.4.2 Rest of Middle East and Africa Curing Agents Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Curing Agents Market Overview
9.5.2 South and Central America Curing Agents Market Forecasts and Analysis
9.5.3 South and Central America Curing Agents Market Forecasts and Analysis - By Type
9.5.4 South and Central America Curing Agents Market Forecasts and Analysis - By Application
9.5.5 South and Central America Curing Agents Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Curing Agents Market
9.5.5.1.1 Brazil Curing Agents Market by Type
9.5.5.1.2 Brazil Curing Agents Market by Application
9.5.5.2 Argentina Curing Agents Market
9.5.5.2.1 Argentina Curing Agents Market by Type
9.5.5.2.2 Argentina Curing Agents Market by Application
9.5.5.3 Rest of South and Central America Curing Agents Market
9.5.5.3.1 Rest of South and Central America Curing Agents Market by Type
9.5.5.3.2 Rest of South and Central America Curing Agents Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CURING AGENTS MARKET, KEY COMPANY PROFILES
11.1. ALBEMARLE CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARNETTE POLYMERS LLC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ATUL LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BASF SE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CAMPBELL PLASTICS LIMITED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CARDOLITE CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CARGILL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROYCE INTERNATIONAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HUNTSMAN CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRANS OCEANIC CHEMICALS PVT. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Albemarle Corporation
- Arnette Polymers LLC.
- Atul Limited
- BASF SE
- Campbell Plastics Limited
- Cardolite Corporation
- Cargill
- Royce International
- Huntsman Corporation
- Trans Oceanic Chemicals Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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