Middle East and Africa Epoxy Curing Agents Market Size, Share & Trends [Report]
Author : pratik patil | Published On : 29 Mar 2024
"Being a reliable source of market research information, Middle East and Africa Epoxy Curing Agents Market reports expand the reach of business success. This market analysis provides knowledge about various segments that are relied upon to observe the fastest business development within the framework of forecast estimates. By thinking from the end user's point of view, a team of researchers, forecasters, analysts and industry experts worked meticulously to formulate this market research report. The use of proven tools such as SWOT analysis and Porter's Five Forces analysis is very useful in creating a superior Middle East and Africa Epoxy Curing Agents Market report.
The worldwide Middle East and Africa Epoxy Curing Agents Market business report examines the market by region, especially North America, China, Europe, Southeast Asia, Japan, and India, focusing on the leading manufacturers in the global market, with respect to production, price, revenue and market share for every manufacturer. This is useful for knowing the general conditions prevailing in the market, the market and competitors' pricing strategies. Some of the prominent features used while creating this market research report include the highest level of passion, practical solutions, committed research and analysis, modernism, integrated approach, and latest technology. To get detailed Middle East and Africa Epoxy Curing Agents Market reports, request an analyst call or submit an inquiry any time.
Data Bridge Market Research analyses that the epoxy curing agents market which was USD 1,37,343.83 thousand in 2022, is expected to reach USD 2,00,000.43 thousand by 2030, growing at a CAGR of 4.81% during the forecast period of 2023 to 2030.
Explore Further Details about This Research Middle East and Africa Epoxy Curing Agents Market Report https://www.databridgemarketresearch.com/reports/middle-east-and-africa-epoxy-curing-agents-market
Middle East and Africa Epoxy Curing Agents Market Scope and Segmentation
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REPORT METRIC |
DETAILS |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Thousand, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (Amine, Polymides, Imidazoles Polymides, Anhydrides, Curing Agents, Diluents, Accelerators, Adhesion Promoters, Specialty Resins, Phenolic, Additives and Others), Product (CycloAliphatic Amines, Aliphatic Amines, Polysulfide, High Temperature Curing Agents, Water Borne Curing Agents, Low Emission Curing Agents, Amido Amines, Mercaptans, Phenalkamide, Polyamido-Amines, Phenalkamine, Low Temperature Curing Agents, Metaphenylene Diamine, Methylene Dianiline, Latent Curing Agents and Others), End User (Automotive and Transportation, Aerospace, Building and Construction, Power Generation, Electrical, Electronics, General Industrial, Marine, Oil and Gas, and Others), Applications (Adhesives and Sealants, Paint, Coatings and Inks, Electronic Encapsulation, Composites, Others). |
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Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA). |
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Market Players Covered |
KUKDO Chemical CO., Ltd. (South Korea), Hexion (U.S.), Arkema (France), Bostik (France), Dow (U.S.), Toray Industries, Inc. (Japan), Mitsubishi Chemical Corporation (Japan), BASF SE (Germany), Saint-Gobain Weber (France), Evonik Industries AG (Germany), Huntsman International LLC (U.S.), Olin Corporation (U.S.), Aditya Birla Chemicals Pvt. Ltd (India), THREEBOND INTERNATIONAL, INC (U.S.), EMIS (China), Cargill Incorporated (U.S.), Bitrez (U.K.), Atul Ltd (India), Reichhold LLC 2 (U.S.), Changzhou Utek Composite Co., Ltd. (China). |
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Market Opportunities |
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Market Definition
Epoxy curing agents are referred as a material taking part in a chemical reaction between the polymer, oligomer and pre-polymer for the polymerization process and for the production of final film. These cured resin are superior in potential and can tolerate heat of 100°C. Aromatic amines have much more strength to tolerate heat and chemical tolerance than aliphatic amines. Epoxy resins are used in various industries as they possesses a number of beneficial qualities, such as in plastics, paints and coatings, construction, composites and others. The growing use of epoxy curing agents in the various end use industries is increasing the demand of epoxy curing agents, which is significantly boosting the market’s growth in the forecast period of 2023 to 2030.
Middle East and Africa Epoxy Curing Agents Market Dynamics
Drivers
- Start-up to increase demand globally
The start-ups in the epoxy curing agents market are creating significant opportunities for epoxy curing agents market. Various extraordinary properties of epoxy curing agents are curating a number of innovations for the market’s growth. Emerging start-ups are upgrading the curing agents with new technology and curating innovative and improved types of agents possessing better bonding and adhesiveness. These innovations by several start-ups are gaining attention by major end-use industries. Start-up firms are significantly expanding the market with their unique attempts for improving the innovations. Therefore, all these new advancements and innovations done by start-ups is a major growth driver for the market’s growth.
- Rising use in automotive industries
Epoxy curing agents are widely used in automotive industry to cure epoxy resins by promoting the self-polymerization of the epoxy group by the catalytic action. The increasing demand for adhesives and coatings for adhesion and bonding in the automotive industry is significantly contributing in the market’s growth during the forecast period of 2023 to 2030.
Opportunities
- Growing use in paint and coating industry
The increased demand for high-performance resins is obtained by blending polymers, majorly in the paint & coatings industry would propel the growth of the market. Various significant qualities of epoxy curing agents such as good adhesion properties, colour consistency and viscosity are the major characteristics curating a number of opportunities for the market’s growth in the Middle East and African region during the forecast period of 2023 to 2030.
- Increasing demand in electronics sector
There is an increasing demand of epoxy curing agents in the field of electrical and electronic components for manufacturing various essential items. It possesses significant qualities such as long pot life, slow curing reaction and slow shrinkage rate, due to which it is mostly preferred in electronics sector. Along with this they provides manufacturing yield improvement, miniaturization, environmental safety, health safety demands, and conservation of energy. Thus, there is an increased demand of epoxy curing Agents in the electronics sector which is significantly fuelling the market’s growth.
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Middle East and Africa Epoxy Curing Agents Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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