Global Epoxy Hardener Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2030
Research Nester published a report titled “Epoxy Hardener Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global epoxy hardener market in terms of market segmentation by type, end-user, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global epoxy hardener market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 – 2030. The market is segmented by type
into polyamide, aromatic amine, and others. Out of these, the aromatic amine segment is anticipated to hold
the largest share in the market during the forecast period owing to its
various advantageous properties, such as, higher heat distortion temperature,
longer life and higher chemical resistance.
The global epoxy hardener market is estimated to
grow on the back of increasing adoption of epoxy resin in the
construction industry. Epoxy resin is used as sealant or bonding material, and
epoxy hardener is used to speed up the curing process. Use of these hardeners
can significantly pace up the construction activity and other end-use
activities, which is estimated to boost the market growth. The production of
epoxy resin reached 120
billion pounds in 2019. The growing consumption of resin is expected to fuel the market growth.
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On the basis of geographical analysis, the
global epoxy hardener market is segmented into five major regions including
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
region. The market in North America region is estimated to gain significant
market share over the forecast period owing to the growing
construction industry and mounting adoption of epoxy resin in the region.
Moreover, growing construction activities, along with use of epoxy
hardeners on an individual scale for gifts in the region is estimated to boost
the regional market growth.
The research was global in nature and
conducted in North America (U.S., Canada), Europe (U.K., Germany, France,
Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland,
Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin
America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia,
New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi
Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of
Middle East and Africa). In addition, areas like Market size, Y-O-Y growth
& Opportunity Analysis, market players competitive study, investment
opportunities, demand for future outlook etc. have been covered and displayed
in the research report to ensure it dives deep to achieve strategic competitive
intelligence in the segment.
Increasing
Adoption of Epoxy Resin to Boost the Market Growth
Increasing
penetration of epoxy resin in construction industry is expected to boost the
demand for epoxy hardeners, as their use can speed up the hardening process of
resin. This can save time and effort spent on the curing of resin, which is
estimated to primarily boost the market growth.
“The
Final Report will cover the impact analysis of COVID-19 on this industry.”
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However,
halt in the construction activities is expected to operate as key restraint to
the growth of the global epoxy hardener market
over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global epoxy hardener market
which includes company profiling of Huntsman
International LLC, Hexion Inc., Olin Corporation, Cardolite Corporation, Evonik
Industries AG, Mitsubishi Chemical Corporation, BASF SE, Kukdo Chemical Co.,
Ltd., Aditya Birla Chemicals, and Air Products Inc. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global epoxy hardener market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected trends
in the future.
About Research Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
Contact for more
Info:
AJ Daniel
Email: info@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
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