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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Curing Agents Market Outlook

The global curing agents market will expand from USD 5.65 billion in 2024 to USD 8.80 billion by 2034, growing at a CAGR of 5% over the forecast period of 2025-2034.

Global Curing Agents Market

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Vendors in the global market for curing agents are focusing on the development of waterborne coatings to substitute solvent-based coatings. Without the assistance of co-solvents, waterborne healing agents stay stable in water. These healing agents are sleek, anticorrosive, and at even low temperatures, they have healing skills. They are also cost-effective and eco-friendly. Waterborne epoxy coatings are gaining popularity among end-users due to such benefits.

Market Segmentation

“Curing Agents Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Epoxy Curing Agent
  • Polyurethane-Based Curing Agents
  • Silicone Rubber
  • Others

Market Breakup by Application

  • Coatings 
  • Electrical and Electronics
  • Wind Energy 
  • Construction 
  • Composites
  • Adhesives
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Curing Agents Market

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Market Analysis

It is anticipated that the increased use of epoxy healing agents in applications such as coatings, wind energy, electrical and electronics, construction, composites, adhesives, and others will boost the demand for curing agents in the coming years. The increasing need for high-performance, durable, and user-friendly goods is the main factor contributing to the development of the market for epoxy-based curing agents, further enhancing the curing agents market. The growing economy, growth in end-use industrial activity, and an increase in its demand in the Asia Pacific region are driving the growth of the coatings industry, particularly from emerging economies such as China, India, Thailand, Indonesia, and Malaysia, which is aiding the growth of the curing agents market.

Global Curing Agents Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global curing agents market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Hexion Inc.   
  • BASF SE     
  • Huntsman Corporation    
  • Olin Corporation (NYSE: OLN)   
  • Cardolite Corporation        
  • Evonik Industries AG
  • Kukdo Chemical Co., Ltd.       
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global curing agents market attained a value of USD 5.65 billion.

The market is projected to grow at a CAGR of 5% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 8.80 billion by 2034. 

The major drivers of the market include the growing economy, the rising use of curing agents in various end-use sectors, and the cost-effectiveness of solvent-based coatings.

The key trends guiding the growth of the market include the growing development of waterborne coatings as a substitute for solvent-based coatings, the increasing use of epoxy healing agents in applications such as coatings and wind energy, among others, and the increasing preference for high-performance, durable, and user-friendly goods.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

Epoxy curing agent, polyurethane-based curing agent, and silicone rubber, among others, are the significant types of curing agents in the market.

The major applications of curing agents in the market are coatings, electrical and electronics, wind energy, construction, composites, and adhesives, among others.

The major players in the market are Hexion Inc., BASF SE (ETR: BAS), Huntsman Corporation (NYSE: HUN), Olin Corporation (NYSE: OLN), KUKDO Chemical (Kunshan) Co., Ltd., Evonik Industries AG (EVK: ETR), and Cardolite Corporation, among others. 

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Epoxy Curing Agent
  • Polyurethane-Based Curing Agents
  • Silicone Rubber
  • Others
Breakup by Application
  • Coatings 
  • Electrical and Electronics
  • Wind Energy 
  • Construction 
  • Composites
  • Adhesives
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hexion Inc.
  • BASF SE (ETR: BAS)
  • Huntsman Corporation (NYSE: HUN)
  • Olin Corporation (NYSE: OLN)
  • KUKDO Chemical (Kunshan) Co., Ltd.
  • Evonik Industries AG (EVK: ETR)
  • Cardolite Corporation
  • Others
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