Epoxy Curing Agents Market Projects To Witness High Demand From Transportation Sector Of Both Marine & Road
The Epoxy Curing Agents Market
is expected to grow at a high rate due to rising demand from construction and automotive industry, during the forecast period. Epoxy curing agents are a kind of materials mixed with epoxy polymer to get better results from epoxy polymer.
Epoxy curing agents contain epoxide functional group. The choice of epoxy curing agents depends on the base resin as well as the required degree of toughness. Each epoxy curing agent has its own set of characteristics that defines the degree of curing and time. The different types present in the market are amines, polyamide resin, anhydrides, phenols, thiols and others. Primarily, these are used for coating purposes in various end-user industries such as construction, automotive, adhesive, aerospace and many others.
Increasing end-user applications across various industries is the major key growth driver for the Epoxy Curing Agents Market. Curing agents are in wide circulation in the epoxy resin industry as they impart different properties to industrial epoxy resins. The market for epoxy curing agents is anticipated due to rising demand from main industries such as transportation, consumer electronics, protective equipments, construction and industrial coatings.
Asia-Pacific is leading the Epoxy Curing Agents Market on account of large numbers of assembly plants situated in economies with relaxed trade laws, especially China, followed by Americas. Europe is leading with the third position, with Germany as the largest revenue holder on account of its extensive manufacturing industry. Rest of the World is expected to register moderate growth during forecast period with the minimum amount of shares.
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