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环氧树脂固化剂市场:2023-2028年全球产业趋势、份额、规模、成长、机会与预测Epoxy Curing Agent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 |
2022年全球环氧固化剂市场规模达到41亿美元。展望未来, IMARC Group预计到2028年市场规模将达到54亿美元,2022-2028年复合年增长率(CAGR)为4.70%。延长设备使用寿命的需求日益增长,提高製造轻型汽车零件的利用率,例如用于减轻车辆重量和提高燃油效率的碳纤维增强复合材料,以及蓬勃发展的建筑业是推动市场的一些主要因素。
环氧固化剂是固化或硬化过程中的重要成分。它们有多种类型,包括胺基、酸酐基和聚酰胺基,每种类型都具有独特的性能和应用。它们有助于将液体环氧树脂转化为耐用的固体材料。它们可作为催化剂,引发环氧分子的交联,形成坚固且耐化学腐蚀的结构。
目前,快速城市化和基础设施发展带来的建筑业蓬勃发展正在推动市场的成长。除此之外,环氧树脂固化剂在电子元件和印刷电路板(PCB)中至关重要,这正在加强市场的成长。此外,受益于汽车行业的不断创新和对轻质耐用材料的需求,环氧固化剂在汽车涂料和复合材料中得到了应用。此外,风力涡轮机叶片生产和太阳能电池板封装依赖环氧树脂系统,在再生能源领域创造了巨大的市场利基。
海洋产业需求不断成长
环氧固化剂对各种基材具有极佳的附着力,包括金属、玻璃纤维和木材。这种特性确保了船舶建造和维修过程中牢固而持久的粘合。它们具有很强的防水、耐化学性和耐腐蚀性能,这使得它们成为保护船舶免受海水和恶劣海洋环境腐蚀影响的理想选择。此外,环氧基材料具有较高的拉伸和压缩强度,确保海洋结构和零件能够承受航行和恶劣天气条件的压力。
保护工业设备和基础设施的需求不断增长
环氧涂层可提供坚固的屏障,防止因暴露于恶劣的工业环境、化学物质和湿气而引起的腐蚀。这种保护可以延长设备和基础设施的使用寿命。它们对多种化学物质具有高度耐受性,非常适合经常接触腐蚀性物质的设施,例如化学加工厂和工厂。此外,环氧固化剂具有出色的耐磨性,可保护工业环境中的表面免受磨损,包括製造地板和重型机械。
对轻质和高强度材料的需求不断增长
环氧复合材料因其轻质而坚固的特性而被用于飞机和太空船製造,有助于提高燃油效率和结构完整性。除此之外,环氧树脂固化剂也用于製造轻质汽车零件,例如碳纤维增强复合材料,从而减轻车辆重量并提高燃油效率。此外,环氧复合材料也用于生产轻量高性能运动器材,包括网球拍、高尔夫球桿和自行车。他们也协助製造轻量耐用的医疗设备组件,例如义肢和矫形植入物。
The global epoxy curing agent market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.70% during 2022-2028. The growing need to extend the lifespan of equipment, increasing utilization to manufacture lightweight automotive components, such as carbon fiber-reinforced composites for reducing vehicle weight and improving fuel efficiency, and thriving construction industry are some of the major factors propelling the market.
Epoxy curing agents serve as essential components in the curing or hardening process. They come in various types, including amine-based, anhydride-based, and polyamide-based, each offering unique properties and applications. They facilitate the transformation of liquid epoxy resins into durable and solid materials. They act as catalysts, initiating the cross-linking of epoxy molecules to form a robust and chemically resistant structure.
At present, the thriving construction industry due to rapid urbanization and infrastructure development is propelling the growth of the market. Besides this, epoxy curing agents are crucial in electronic components and printed circuit boards (PCBs), which is strengthening the market growth. In addition, epoxy curing agents find application in automotive coatings and composites, benefiting from the continuous innovation in the automotive industry and demand for lightweight and durable materials. Moreover, wind turbine blade production and solar panel encapsulation rely on epoxy systems, creating a substantial market niche within the renewable energy sector.
Increasing demand in the marine industry
Epoxy curing agents adhere exceptionally well to various substrates, including metals, fiberglass, and wood. This property ensures strong and durable bonds in boat and ship construction and repair. They are highly resistant to water, chemicals, and corrosion, which makes them ideal for protecting marine vessels from the corrosive effects of seawater and harsh marine environments. In addition, epoxy-based materials offer high tensile and compressive strength, ensuring that marine structures and components can withstand the stresses of navigation and harsh weather conditions.
Rising need to protect industrial equipment and infrastructure
Epoxy coatings provide a robust barrier against corrosion caused by exposure to harsh industrial environments, chemicals, and moisture. This protection extends the lifespan of equipment and infrastructure. They are highly resistant to a wide range of chemicals, making them ideal for facilities where exposure to corrosive substances is common, such as chemical processing plants and factories. Furthermore, epoxy curing agents offer excellent resistance to abrasion, protecting surfaces from wear and tear in industrial settings, including manufacturing floors and heavy machinery.
Growing demand for lightweight and high-strength materials
Epoxy-based composites are used in aircraft and spacecraft construction for their lightweight yet robust properties, contributing to fuel efficiency and structural integrity. Besides this, epoxy curing agents are utilized to manufacture lightweight automotive components, such as carbon fiber-reinforced composites, reducing vehicle weight and improving fuel efficiency. In addition, epoxy composites are employed in the production of lightweight, high-performance sporting equipment, including tennis rackets, golf clubs, and bicycles. They also assist in manufacturing lightweight and durable medical device components, such as prosthetics and orthopedic implants.
IMARC Group provides an analysis of the key trends in each segment of the market report, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product type, application, and end user.
Amines
Polyamides
Anhydrides
Others
Amines dominates the market
The report has provided a detailed breakup and analysis of the market based on the product type. This includes amines, polyamides, anhydrides, and others. According to the report, amines represented the largest segment as amines are used in the production of a wide array of pharmaceuticals, from antibiotics to antidepressants, as they often serve as key building blocks in drug synthesis. They also assist in producing dyes and pigments, contributing to the vibrant colors in textiles, paints, and inks. In addition, amines are utilized in the formulation of pesticides and herbicides to protect crops from pests and weeds. They play a vital role in modern agriculture by ensuring higher yields and crop protection. They are also employed in water treatment processes to remove impurities and control pH levels. Furthermore, amines are used as accelerators and stabilizers in the vulcanization of rubber, contributing to the production of durable and high-performance rubber products.
Composites
Paints and Coatings
Adhesives and Sealants
Electrical and Electronics
Others
Paints and coatings hold the largest share in the market
A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes composites, paints and coatings, adhesives and sealants, electrical and electronics, and others. According to the report, paints and coatings accounted for the largest market share as epoxy curing agents enhance the durability of paints and coatings. When epoxy resins cure, they form a crosslinked, highly resistant film that can withstand abrasion, chemicals, and environmental stressors, ensuring the longevity of the coating. In addition, epoxy curing agents promote excellent adhesion to a wide range of substrates, including metals, concrete, and wood. This strong bond prevents peeling, flaking, and delamination of the coating over time.
Building and Construction
Transportation
Wind Power
Aerospace
Marine
Others
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes building and construction, transportation, wind power, aerospace, marine, and others.
Epoxy curing agents are used in building and construction materials like lightweight concrete and advanced adhesives, reducing the overall weight of structures without compromising strength. They adhere strongly to various substrates, ensuring that the coating remains intact even in high-stress environments.
These agents are also utilized for manufacturing lightweight automotive components, such as carbon fiber-reinforced composites, reducing vehicle weight and improving fuel efficiency. They are formulated to be low in volatile organic compounds (VOCs), aligning with environmental regulations and sustainability goals.
Epoxy curing agents reinforce the structural strength of wind turbine blades, enabling them to withstand high wind loads while remaining lightweight.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance, accounting for the largest epoxy curing agent market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
The Asia Pacific region is experiencing significant industrial growth, particularly in countries like China, India, and Southeast Asian nations. This industrialization is driving the demand for epoxy-based products in various sectors. In addition, the region is a global manufacturing hub for various industries, including electronics, automotive, and consumer goods. Epoxy curing agents play a critical role in the production of lightweight, high-strength components, making them essential in manufacturing processes.
Key players in the market are focusing on developing innovative products to meet evolving customer needs. This includes the development of eco-friendly curing agents with lower VOC content and improved performance characteristics. Many companies are forming strategic partnerships and collaborations to expand their market reach and enhance their product portfolios. These collaborations combine the expertise of different companies in epoxy resin and curing agent technologies. In addition, key players are working on developing greener products and adopting sustainable manufacturing processes. They are also offering customized epoxy curing agent solutions to cater to specific customer requirements across various industries.
Aditya Birla Management Corporation Pvt. Ltd.
Atul Ltd.
BASF SE
Cardolite Corporation
Cargill Incorporated
Evonik Industries AG
Hexion Inc.
Huntsman Corporation
Kukdo Chemical Co. Ltd.
Mitsubishi Chemical Holdings Corporation
Olin Corporation
Toray Industries Inc.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
In 2022, BASF SE increased the production capacity for key specialty amines manufactured at its Geismar, Louisiana site. These amines are utilized as highly efficient curing agents and chain extenders in epoxy and polyurea applications for the wind, electrical, composites, adhesives and flooring industries.
In Jan 2021, Huntsman Corporation announced that it completed the acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity.
In Sep 2023, Aditya Birla Management Corporation Pvt. Ltd launched its paints business under the brand name 'Birla Opus'. It offered a full suite of high-quality products in the decorative paints segment.