North America Epoxy Curing Agents Market Growth Dynamics and Outlook To 2030
The North America Epoxy Curing Agents Market shows steady growth. Valued at USD 277,311.45 million in 2022, the market reaches USD 432,083.53 million by 2030, expanding at a CAGR of 5.7% during 2023–2030. This report analyzes market dynamics, segmentation, drivers, restraints, opportunities, and competitive landscape, based exclusively on Data Bridge Market Research insights.
Understanding Epoxy Curing Agents
Epoxy curing agents react with resins to form cross-linked networks with adhesion, chemical resistance, and mechanical strength. Types include aliphatic/cycloaliphatic amines (fast cure), amido amines/phenalkamide (flexibility), anhydrides/imidazoles (high-temperature), and specialties (low-emission, water-borne). Applications span adhesives/sealants, paints/coatings/inks, electronic encapsulation, and composites. Globally, they support sustainable trends with low-VOC and bio-based options.
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Market Size and Growth Projections
Growth stems from end-use industry demand and eco-innovations. Valued at USD 277,311.45 million in 2022, the market reaches USD 432,083.53 million by 2030 at a CAGR of 5.7% (2023–2030).
| Metric | Value |
|---|---|
| Market Size (2022) | USD 277,311.45 Million |
| Market Size (2030) | USD 432,083.53 Million |
| CAGR (2023–2030) | 5.7% |
Market Segmentation
By Type
- Amine
- Imidazoles Polymides
- Anhydrides
- Curing Agents
- Diluents
- Polyimides
- Accelerators
- Adhesion Promoters
- Specialty Resins
- Phenolic
- Additives
- Others
By 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
- Others
By End User
- Automotive and Transportation
- Aerospace
- Building and Construction
- Power Generation
- Electrical
- Electronics
- General Industrial
- Marine
- Oil and Gas
- Others
By Application
- Adhesives and Sealants
- Paint, Coatings and Inks
- Electronic Encapsulation
- Composites
- Others
By Countries
- U.S., Canada, Mexico
Key Drivers Fueling Growth
- Rising demand for polyamide resins in epoxy curing for high-strength thermosets.
- Expansion in aerospace, construction, power generation, industrial, marine, oil & gas, automotive.
- Growing use in paints & coatings, electronics (PCBs), civil engineering (concrete bonding, flooring, marble laminate).
- Increasing wind energy plants (epoxy adhesives in turbine blades with glass fibers for lightweight/fatigue resistance).
Restraints/Challenges
- Hazardous effects of chemicals (eye/nose/throat/skin irritation, allergies, asthma, headaches, dizziness).
- Stringent environmental regulations on harmful chemicals/gases.
Opportunities
- Growing paint/coating industry demand for adhesion, mechanical/thermal properties, chemical resistance.
- Increasing electronics sector use for long pot life, slow curing, yield improvement, miniaturization, safety, energy conservation.
Competitive Landscape
Major companies include:
- 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 (U.S.)
- Changzhou Utek Composite Co., Ltd. (China)
Recent developments:
- July 2020 → Arkema acquired Fixatti for high-performance thermos-bonding powders.
- May 2021 → PPG invested US$13 million in China powder coatings facility.
Future Trends and Opportunities
Trends emphasize low-emission and water-borne agents. Opportunities in electronics and civil engineering.
Conclusion
The North America Epoxy Curing Agents Market advances to USD 432,083.53 million by 2030 at 5.7% CAGR, hardening key industries sustainably. Stakeholders should innovate in low-emission variants to navigate regulations and seize coating opportunities. Prioritizing U.S. manufacturing will ensure cured success.
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