Europe Epoxy Curing Agents Market

Europe Epoxy Curing Agents Market Size (2023-2028)

The Europe Epoxy Curing Agents Market was around USD 2.68 billion in 2022 and it is expected to reach USD 4.2 billion by the end of 2028 with a CAGR of 5.54%.

BASF SE, a German chemical manufacturer in the market for epoxy curing agents, announced on August 2018 that it had expanded its regional collaboration with Gustav Grolman GmbH & Co. KG, a specialty ingredients distribution company, for the marketing of amine-based curing agents for the professional treatment of epoxy resins in Europe. With this collaboration with Grolman, the company aims to market BASF's epoxy curing agents and specialty chemicals, commonly used in epoxy resin-based applications, under the brand Baxxodur ® in major Europe nations, including Spain, Italy, and Portugal.

Market Segmentation:

On The Basis Of Type:

• Amine-Based Curing Agents

• Anhydride Curing Agents

• Various kinds of epoxy-curing agents

• such as amides and polyamides, amines and polyamines, phenolics and anhydrides, etc.

Increased demand for amines and polyamines in most industrial apps has resulted in more than 48%  of income in the sector for epoxy curing agents. However, due to strict regulatory standards for damaging volatile organic compounds (VOCs) emissions, end-users on the market are moving to amides and polyamides. In the coming years, amines and polyamines are probable to lose their market share to amides and polyamides.

On The Basis Of Application:

• Coating

• Construction

• Adhesives

• Composites

• Wind Energy

• Electrical & Electronics

Strong regulatory standards and quality strengthen the use of lightweight materials in multiple industrial sectors, including aerospace and automotive. In addition, epoxy curing agents have witnessed a growing demand for the production of printed circuit boards (PCBs) that are widely used in a wide spectrum of electronic products, such as mobile devices, smartphones, automotive electronics, equipment, and other consumer electronics. As a result, the increasing demand for epoxy curing agents as lightweight raw materials in numerous industrial apps will continue to have an important effect on innovations in the regional market in the coming years.

Europe Epoxy Curing Agents Market Geographical Analysis:

In view of the region, the Europe Epoxy Curing Agents Market has been fragmented into countries like the United Kingdom, Germany, France, Italy, Spain. The Europe region is emerging as a promising business for Epoxy Curing Agents, led by the spurt paint & curing industry supported by a vibrant automotive sector. Continuing with the same growth patterns, Europe is anticipated to record fantastic accumulations over the evaluation period.

Europe Epoxy Curing Agents Market By Country :

1. UK

2. France

3. Spain

4. Germany

5. Italy

6. Russia

7. Sweden

8. Denmark

9. Switzerland

10. Netherlands

11. Turkey

12. Czech Republic

13. Rest of Europe.

Europe Epoxy Curing Agents Market Key Players:

• BASF SE (Europe)
• Evonik Industries AG (Europe)
• Huntsman, Royce International
• Reichhold.