- Epoxy Curing Agent
- Anhydride Curing Agents
- Amine-Based Curing Agents
- Other Epoxy Curing Agents
- Silicone Rubber
- Polyurethane-Based Curing Agents
- Others
Latin America Curing Agents Market: Infrastructural developments in emerging economies, technological advancements in manufacturing, huge investments in R&D and high growth in emerging economies are some key factors influencing the market growth. In addition, the growing usage of epoxy resins in end-use industries is other major driver of the market. Curing agents are preferred for wind blade fabrications due to their high sheer, compressive strength, and low weight. With the development in technology, manufacturers of curing agents are coming up with new products and systems to help the manufacturers in the wind industry. Moreover, the market in emerging economies dominated the Europe Curing Agent Market due to the high demand from wind energy and construction industry Although the market is growing considerably, but growing cost of raw material used has increased the total cost of products. This is likely to hamper the growth of curing agents market in the forecast period. Latin America Curing Agents market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In January 2017, Evonik Industries acquired the specialty additive division of Air Products and Chemicals (US) for USD 3.8 billion. This acquisition helped Evonik increase its share in the Latin America curing agents market.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The curing agents market is anticipated to witness significant growth in the future due to increasing coatings and construction industries. The fatigue performance of curing agents increases the composite mechanical properties in rotor blades, thus improving the performance of wind turbines. Owing to the increasing demand from the construction industry and wind energy industries the curing agents market is growing at a rapid rate.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.