Epoxy Curing Agents Market Size, Share, Growth Analysis, By Type(Amines, Polyamides, Anhydrides, and Other Types (Amidoamine), By Application(coatings, adhesives, composites, electrical and electronics), By End User(construction, automotive, electrical and electronics, aerospace), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15A2234 | Region: Global | Published Date: March, 2024
Pages: 184 |Tables: 100 |Figures: 76

Epoxy Curing Agents Market Insights

Epoxy Curing Agents Market size was valued at USD 5.7 Billion in 2023 and is poised to grow from USD 6.02 Billion in 2024 to USD 9.39 Billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).

The global epoxy curing agents market has exhibited significant growth in recent years, driven by the expanding applications of epoxy-based products across various industries. Epoxy-curing agents play a crucial role in enhancing the mechanical and chemical properties of epoxy resins, making them suitable for diverse applications such as coatings, adhesives, electronics, and composites.

The rising demand for lightweight and high-strength materials, coupled with the growing construction and automotive sectors, has been a key factor propelling the market's expansion. Additionally, technological advancements have led to the development of novel curing agents with improved performance characteristics, further widening the scope of applications.

However, challenges related to environmental regulations and volatile raw material prices could influence market dynamics. As manufacturers strive to meet sustainability goals and create eco-friendly alternatives, innovations in bio-based and waterborne epoxy curing agents are gaining traction. The market's landscape is characterized by multinational corporations and niche players, fostering healthy competition and encouraging continuous research and development endeavors to cater to evolving industry demands.

US Epoxy Curing Agents Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 5.39 Billion

Largest Segment

construction

Fastest Growth

construction

Growth Rate

5.7% CAGR

Global Epoxy curing agents market ($ Bn)
Country Share for APAC Region (%)

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Epoxy Curing Agents Market Segmental Analysis

Based on type, the market is further segmented into amines, polyamides, anhydrides, imidazoles, polyamidoamines, and others. Based on the application the market is further segmented into coatings, construction, electrical & electronics, wind energy, composites, adhesives, and other applications. Based on end users it includes construction, automotive, electrical and electronics, aerospace, marine, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Epoxy Curing Agents Market Analysis by Test Type

The coatings segment has emerged as the largest within the global epoxy curing agent market among all other test types due to its widespread applications and essential role in various industries. This segment's dominance can be attributed to the extensive utilization of coatings in sectors such as automotive, construction, aerospace, and marine, where protective and decorative coatings are vital for enhancing product lifespan and aesthetics. As these industries continue to expand, the demand for high-performance coatings bolstered by epoxy curing agents remains robust, driving the segment's significant share in the global market.

However, the electronics and electrical segment stand out as the fastest growing. This growth can be attributed to the escalating demand for advanced electronic devices, such as smartphones, tablets, and IoT components, which rely heavily on epoxy-based materials for protection, insulation, and circuitry encapsulation. The continuous evolution of technology and the need for durable and reliable electronic products have fueled the expansion of this segment. Epoxy-curing agents play a crucial role in enhancing the performance, thermal stability, and overall lifespan of these electronic components, driving significant growth in the epoxy-curing agent market within the electronics and electrical sectors.

Epoxy Curing Agents Market Analysis by End-user

Notably, the construction sector proved to be the dominating among others. This is primarily due to the construction industry's requirement for top-tier protective coatings that augment the resilience and longevity of structures. Epoxy-based coatings are particularly favored for their exceptional resistance against corrosion, chemicals, abrasion, and environmental factors, making them a prevalent choice for safeguarding buildings, bridges, and various infrastructure projects. The demand for epoxy-curing agents is intrinsically linked to the necessity for these coatings within the construction domain.

Moreover, the aerospace sector has emerged as the fastest growing. The demand for epoxy curing agents within aerospace applications has surged due to increased aircraft production, maintenance, and repair activities. Epoxy curing agents play a crucial role in enhancing the structural integrity, durability, and performance of aerospace components. Additionally, the push for lightweight materials and advanced composite structures in aerospace has further propelled the need for effective epoxy curing solutions.

Global Epoxy curing agents market by end user

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Epoxy Curing Agents Market Regional Insights

Asia-Pacific accounted for the largest region in the global epoxy curing agent market. This dominance can be attributed to several factors, including the robust growth of industrial sectors such as construction, automotive, and electronics in countries like China, India, Japan, and South Korea. The rapid urbanization and infrastructural development in the region have boosted the demand for epoxy curing agents, which are essential components in coatings, adhesives, and composites used across these industries. Additionally, the presence of a vast manufacturing base, coupled with lower labor and production costs, has further contributed to the region's significant share in the epoxy curing agent market.

In the case of fastest-growing, Asia Pacific is poised to be the fastest-growing region in the global epoxy curing agent market. This growth could be attributed to several factors, including rapid industrialization, infrastructural development, and increasing demand for coatings, adhesives, and composites in countries like China, India, and Southeast Asian nations. Additionally, the expanding automotive, electronics, and construction sectors in the region were driving the demand for epoxy-curing agents.

Global Epoxy curing agents market by end user By Geography
  • Largest
  • Fastest

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Epoxy Curing Agents Market Dynamics

Epoxy Curing Agents Market Drivers

High Demand Across End Users

The global epoxy curing agents market is primarily propelled by the expanding wind energy sector's need for these agents, as well as their increasing adoption in civil engineering and construction activities. Their application in adhesives and coatings, coupled with their demand in the construction industry, will further drive market growth. Moreover, the use of epoxy curing agents in civil engineering applications like concrete bonding, flooring, and marble lamination contributes to market expansion. The market's growth is further accelerated by the trend toward ornamental construction projects and government investments in sustainable building practices. The rising demand for electronics, including smartphones and automotive electronic components, also augments the need for epoxy curing agents, providing a significant boost to the market's development.

Epoxy Curing Agents Market Restraints

Stringent Regulations

  • Stringent environmental regulations surrounding epoxy usage could potentially hinder the growth of the epoxy curing agents market. This report on the epoxy curing agents market offers insights into recent developments, trade regulations, production analysis, value chain enhancement, market share, and the impact of local and regional market players. It delves into emerging revenue opportunities, evolving market regulations, strategic growth analysis, market size, category expansion, application trends, product advancements, launches, geographical reach, and technological innovations. For further information on the epoxy curing agents market, you can reach out to Data Bridge Market Research for expert insights and assistance in making well-informed market decisions to drive growth.

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Epoxy Curing Agents Market Competitive Landscape

The market features a dynamic and competitive landscape characterized by a variety of players striving to enhance their market presence. These participants engage in strategies such as product innovation, collaborations, mergers, and acquisitions to gain a competitive edge. The industry's growth is fuelled by the escalating demand for epoxy curing agents across diverse applications, including coatings, adhesives, electronics, and construction. As manufacturers continuously explore eco-friendly and technologically advanced solutions, the competition is further intensified.

Additionally, factors like evolving regulations, customer preferences, and regional market trends contribute to the intricate and ever-changing competitive dynamics within the epoxy curing agent market.

Epoxy Curing Agents Market Top Player’s Company Profiles

  • Corporate.Evonik (Germany)
  • Arkema (France)
  • Hexion (US)
  • Huntsman International LLC (US)
  • Cardolite Corporation (US)
  • BASF SE(Germany)
  • Cardolite Corporation (US)
  • Kukdo Chemical Co., Ltd., (South Korea)
  • Dupont (U.S.)
  • DAIKIN (Japan)
  • Bostik (France)
  • H.B. Fuller Company (US)
  • Sika AG (Switzerland)
  • Freudenberg SE (Germany)
  • Aditya Birla Group Chemicals (India)
  • Mitsubishi Chemical Corporation (Japan)
  • DOW (US)
  • SOLVAY (Belgium)
  • Air Products, Inc., (US)
  • Momentive (US)

Epoxy Curing Agents Market Recent Developments

  • To create specialized amines, BASF enlarged its Geismar, Louisiana facility in December 2023. The business is able to produce more amine catalysts and polyetheramines, such as Baxxodur (R) and Lupragen TM. 

     

  • Aditya Birla Management Corporation Pvt. Ltd. began selling paints in September 2023 under the "Birla Opus" brand. It provided the entire line of premium items in the decorative paints market. 

     

  • Toppan, Mitsui Chemicals Tohcello, and Mitsui Chemicals will begin pilot testing in August 2023 to recycle printed BOPP film horizontally and create new flexible packaging. The goal of this cooperative endeavor is to set up infrastructure and recycling technologies. 

     

  • Westlake Corporation debuted its new AZURES product range in March 2023 at the European Coatings Show in Nuremberg, Germany. Westlake Epoxy provides SVHC and CMR-free products in addition to its Azures modifiers, epoxy resins, and curing agents.

Epoxy Curing Agents Key Market Trends

  • Increasing Shift Towards Sustainable and Environmentally Friendly Formulations: As environmental concerns continue to gain traction, there is a growing demand for epoxy curing agents that exhibit low levels of volatile organic compounds (VOCs) and other harmful emissions. Manufacturers are investing in research and development to develop eco-friendly curing agents that meet regulatory standards while maintaining high-performance characteristics. This trend aligns with the broader industry movement toward more sustainable and responsible chemical solutions, reflecting the evolving preferences of both consumers and industries.

Epoxy Curing Agents Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

Based on our global epoxy curing agents market analysis, the expanding applications of epoxy resins across industries such as coatings, adhesives, electronics, and construction are the key growth drivers. The demand for epoxy curing agents is fueled by the increasing need for high-performance materials that offer superior adhesion, chemical resistance, and mechanical properties.

Moreover, the shift towards environmentally friendly solutions has spurred innovation in the development of low-VOC and sustainable curing agents. As industries continue to emphasize efficient production processes and enhanced product performance, manufacturers are focusing on R&D activities to introduce novel formulations that cater to these requirements.

However, challenges such as fluctuating raw material prices and regulatory constraints could impact market dynamics. The market is characterized by competitive strategies like product launches, partnerships, and mergers, as companies aim to strengthen their foothold in this competitive landscape. Looking ahead, the market's trajectory will likely be influenced by advancements in material science, evolving end-user preferences, and the broader sustainability agenda.

Report Metric Details
Market size value in 2023 USD 5.7 Billion
Market size value in 2032 USD 9.39 Billion
Growth Rate 5.7%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Amines, Polyamides, Anhydrides, and Other Types (Amidoamine, Phenalkamine)
  • Application
    • coatings, adhesives, composites, electrical and electronics, construction, automotive, aerospace, and marine
  • End User
    • construction, automotive, electrical and electronics, aerospace, marine, and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Corporate.Evonik (Germany)
  • Arkema (France)
  • Hexion (US)
  • Huntsman International LLC (US)
  • Cardolite Corporation (US)
  • BASF SE(Germany)
  • Cardolite Corporation (US)
  • Kukdo Chemical Co., Ltd., (South Korea)
  • Dupont (U.S.)
  • DAIKIN (Japan)
  • Bostik (France)
  • H.B. Fuller Company (US)
  • Sika AG (Switzerland)
  • Freudenberg SE (Germany)
  • Aditya Birla Group Chemicals (India)
  • Mitsubishi Chemical Corporation (Japan)
  • DOW (US)
  • SOLVAY (Belgium)
  • Air Products, Inc., (US)
  • Momentive (US)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Epoxy Curing Agents Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Epoxy Curing Agents Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Epoxy Curing Agents Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Epoxy Curing Agents Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Epoxy Curing Agents Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Epoxy Curing Agents Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Epoxy Curing Agents Market size was valued at USD 5.7 Billion in 2023 and is poised to grow from USD 6.02 Billion in 2024 to USD 9.39 Billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).

The market features a dynamic and competitive landscape characterized by a variety of players striving to enhance their market presence. These participants engage in strategies such as product innovation, collaborations, mergers, and acquisitions to gain a competitive edge. The industry's growth is fuelled by the escalating demand for epoxy curing agents across diverse applications, including coatings, adhesives, electronics, and construction. As manufacturers continuously explore eco-friendly and technologically advanced solutions, the competition is further intensified. 'Corporate.Evonik (Germany)', 'Arkema (France)', 'Hexion (US)', 'Huntsman International LLC (US)', 'Cardolite Corporation (US)', 'BASF SE(Germany)', 'Cardolite Corporation (US)', 'Kukdo Chemical Co., Ltd., (South Korea)', 'Dupont (U.S.)', 'DAIKIN (Japan)', 'Bostik (France)', 'H.B. Fuller Company (US)', 'Sika AG (Switzerland)', 'Freudenberg SE (Germany)', 'Aditya Birla Group Chemicals (India)', 'Mitsubishi Chemical Corporation (Japan)', 'DOW (US)', 'SOLVAY (Belgium)', 'Air Products, Inc., (US)', 'Momentive (US)'

Stringent environmental regulations surrounding epoxy usage could potentially hinder the growth of the epoxy curing agents market. This report on the epoxy curing agents market offers insights into recent developments, trade regulations, production analysis, value chain enhancement, market share, and the impact of local and regional market players. It delves into emerging revenue opportunities, evolving market regulations, strategic growth analysis, market size, category expansion, application trends, product advancements, launches, geographical reach, and technological innovations. For further information on the epoxy curing agents market, you can reach out to Data Bridge Market Research for expert insights and assistance in making well-informed market decisions to drive growth.

Increasing Shift Towards Sustainable and Environmentally Friendly Formulations: As environmental concerns continue to gain traction, there is a growing demand for epoxy curing agents that exhibit low levels of volatile organic compounds (VOCs) and other harmful emissions. Manufacturers are investing in research and development to develop eco-friendly curing agents that meet regulatory standards while maintaining high-performance characteristics. This trend aligns with the broader industry movement toward more sustainable and responsible chemical solutions, reflecting the evolving preferences of both consumers and industries.

Asia-Pacific accounted for the largest region in the global epoxy curing agent market. This dominance can be attributed to several factors, including the robust growth of industrial sectors such as construction, automotive, and electronics in countries like China, India, Japan, and South Korea. The rapid urbanization and infrastructural development in the region have boosted the demand for epoxy curing agents, which are essential components in coatings, adhesives, and composites used across these industries. Additionally, the presence of a vast manufacturing base, coupled with lower labor and production costs, has further contributed to the region's significant share in the epoxy curing agent market.

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Epoxy Curing Agents Market

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