The market for epoxy curing agent is expected to grow at a CAGR of about 5% globally during the forecast period. Growing demand from the construction industry and new developments in lightweight composite materials are driving the market. On the flip side, environmental regulations on amine-based curing agents, and higher production costs are hindering the market growth.
– Epoxy curing agent market is expected to grow during the forecast period owing to the increasing demand from the construction segment.
– Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.
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Key Market Trends
Increasing demand from the Construction Industry
– Epoxy curing agents are used mainly in the construction industry and is expected to be the fastest-growing market during the forecast period.
– Epoxy curing agents are used to cure epoxy resin by reacting with epoxide groups or by promoting the self-polymerization of the epoxy group by catalytic action.
– In the construction industry, Epoxy curing agents are used to produce thermosetting adhesives that provide environmental resistance and superior strength.
– Epoxy curing agents are used in the development of lightweight composites for building and construction to provide architectural infrastructure and to overcome the construction challenges.
– Epoxy resins as primers, sealers and waterproofing agents are extensively used to protect concrete from moisture. They provide great adhesion, fast dry and high mechanical strength to concreate.
– The market growth of epoxy curing agents is fueled by the increasing use of epoxy resins in the construction industry
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