Curing Agent Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023

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Curing Agent Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Curing Agent Market Research Report- Forecast to
2023
Curing Agent Market - Overview
Curing Agents are substances used to reduce
curing time of materials such as cement, paints,
and coating which consequently reduces the total
manufacturing time and cost. Curing Agents
applied on polymer surfaces help to facilitate
the bonding of the molecular components of
materials. Moreover, specific properties imbued
into the application materials by these agents,
such as anti-shrinkage static, excellent
adhesion, and high resistance to chemicals,
corrosion, impact solvent, make them an
irreplaceable component in the production of
paints, coating, adhesives, cement, etc. The huge
uptick had predominantly driven the Curing Agent
Market in the sales and production in some key
industries such as the manufacturing of
composites used in the automotive, aircraft, and
marine production. Construction and electronics
industries are other key application areas of
curing agents. As a result, curing agents witness
a vast consumption in paints and coating
adhesive manufacturing industry which further
allows these agents to enjoy a massive uptake and
demand continually. Considering the rapid
expansion, the market perceives currently, Market
Research Future (MRFR) in its recently published
study report asserts that the Global Curing Agent
Market will reach approximately USD 4632 MN by
2023, registering a CAGR over 6.5 throughout the
review period (2018-2023). Additional factors
augmenting the market demand include, the
increasing industrialization, urbanization, and
ever-increasing population worldwide. Not only
large-scale industrialization creates a need for
rapid improvements in infrastructure, but
increasingly prosperous population also demands
quality housing. Moreover, the rapidly improving
global economy fosters the growth of the market,
increasing consumers purchasing power. On the
flipside, factors such as the volatility in the
prices alongside the demand supply gap in the
basic materials required for the production of
these materials impede the market growth.
Nevertheless, some trends in the automotive
industry such as lightweight vehicles, letting
out lower emission, offering maximum fuel
efficiency are expected to support the growth of
the market throughout the assessment period.
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Curing Agent Market Research Report- Forecast to
2023
Segmental Analysis
For ease of understanding, the report is
segmented into three key dynamics By Type
Epoxy, Polyurethane, and Silicone Rubber among
others. By Application Coatings, Adhesives,
Composites, and Wind Energy among others. By
Regions North America, Europe, Asia Pacific, and
the Rest-of-the-World. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/curin
g-agent-market-7395
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Curing Agent Market Research Report- Forecast to
2023
Regional Outlook
The Asia Pacific region, heading with the high
production and sales in the burgeoning automobile
sector dominates the Global Curing Agent Market.
The region accounts for the largest producer and
consumer of these agents. Moreover, factors such
as the augmenting demand from the end-user
industries like coatings, adhesives, and
electronics drive the curing agent market in the
region. Furthermore, the burgeoning construction
industry in the region led by the rapid
industrialization and urbanization in the rapidly
developing countries such as India, Thailand,
Malaysia, and Singapore, is propelling the growth
of the regional market, creating a huge demand
for curing agents. Also, the APAC region has been
continuously attracting foreign investors due to
its ample availability of cost-competitive
logistics such as land, workforce, and raw
materials. Moreover, favorable governmental
policies are encouraging manufacturers from
developed countries to shift their production
bases to this region. The Curing Agent Market in
the European region accounts for the second
largest market, globally. This market has
predominantly been led by the spurting paints
curing industry backed by the dynamic automotive
sector. Moreover, factors such as the increased
production and sales of automobile parts in the
Western European countries such as Germany,
Italy, UK, and France are fostering the regional
market, creating substantial demand for Curing
Agents. Continuing with the same growth trends
the region is expected to register fabulous
accruals over the review period. The North
America curing agent market is rapidly emerging
as a profitable market, globally. The region
witnesses the increasing consumption of these
materials, flowing the European region closely.
Due to the growing demand for adhesive and
coating for composites in the manufacturing of
marine and aerospace in the US Canada, the
region accounts for a considerable market share.
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Curing Agent Market Research Report- Forecast to
2023
Major Players in this Research

• Curing Agent Market Prominent Players
• Evonik Industries AG (Germany)
• BASF SE (Germany)
• Hexion (US)
• Olin Corporation (US)
• Cardolite (US)
• Aditya Birla Chemicals (India)
• GABRIEL (US)
• Campbell Plastics (UK)
• Arnette Polymers, LLC (US)
• Cargill, Incorporated (US)
• Epochemie International Pte Ltd (Singapore)
• KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan)
• LEUNA-Harze GmbH (Germany)

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