Curing Agent Market Global Analysis 2019, Size Estimation, Industry Share, Key Drivers, Growth Opportunities and Pricing Trends 2023

Mar 4, 2019

Curing Agent Market: Information by Type (Epoxy, Polyurethane, Silicone Rubber, and Others), Application (Coatings, Adhesives, Composites, Wind Energy, and Others), Region Global Forecast till 2023

Pune, India - March 4, 2019 /MarketersMedia/ —

Market Overview:

The Global Curing Agent Market is expected to witness a significant growth during the forecast period owing to the wide scope of application such as coatings, composites, adhesives, and others. The increasing demand of curing agents in coatings for automotive, electrical & electronics, building & construction, and marine is expected to drive the global market. With the growth of these industries, the demand for curing agent is likely to reach its peak during the review period.

Competitive Analysis:

Some of the manufacturers operating in the Global Curing Agent Market are Evonik Industries AG (Germany), BASF SE (Germany), Huntsman International LLC (US), Hexion (US), Olin Corporation (US), Cardolite (US), Aditya Birla Chemicals (India), Mitsubishi Chemical Corporation (Japan), Atul Ltd (India), Albemarle Corporation (US), GABRIEL (US), Campbell Plastics (UK), Arnette Polymers, LLC (US), Cargill, Incorporated (US), Epochemie International Pte Ltd (Singapore), KUMIAI CHEMICAL INDUSTRY CO., LTD. (Japan), and LEUNA-Harze GmbH (Germany).

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Market Segmentation:

The Global Curing Agent Market has been segmented by Type, Application and Region.

By Type, the Global Curing Agent Market has been divided epoxy, polyurethane, silicone rubber, and others. The epoxy segment accounted for the largest market share in 2017 on account of the ease of handling and convenient mix ratios, improved cure system strength, flexibility and toughness, improved peel and impact strength, improved cured system chemical, solvent and water resistance, and its ability to alter the reactivity of the system.

Based on Application, the market has been segmented into coatings, adhesives, composites, wind energy, and others. The coatings segment is dominated the market in 2017 on the backdrop of extensive use of Curing Agents in primers to enhance the adhesion quality of coated parts in marine, automotive, building & construction, and other applications. These are majorly used on metal surfaces where corrosion and chemical resistance are important to protect them from damage or wear.

Regional Analysis:

Regionally, the global market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The market in Asia-Pacific dominated the Global Curing Agent Market in 2017 due to the high demand from automotive and construction industry. The rapid industrialization and urbanization in the emerging economies such as India, Thailand, and Indonesia are the primary factor affecting the growth of the curing agent market.
The high production and sales of automobile parts in Western European countries such as Germany, Italy, UK, and France are expected to drive the demand for automobiles, which will further drive the demand for curing agent.

The demand for Curing Agent from applictaions in major end-use industries such as automotive, builidng & construction, electrical & electronics, and marine industries is driving the demand for curing agent in the North American region.

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Russia to host 2030 world weightlifting champs in Olympic federation first

PARIS, France — Moscow was announced Sunday as host of the 2030 world weightlifting championships, the sport's governing body becoming the first Olympic federation to hand Russia global staging rights since 2022. No world championships in an Olympic sport, summer or winter, have been held in Russia since the start of the war against Ukraine. The 2025 world swimming champs, initially attributed to the Russian city of Kazan, were moved to Singapore. "Concerning the IWF (Senior) World Championships in 2029, it will be staged in Ahmedabad (India), and Moscow (Russia) will host the 2030 edition," the International Weightlifting Federation (IWF) said in a statement. IWF general secretary Jose Quinones added that "all the bids we received were excellent and we are sure that the championships in your respective countries will be a huge success". In a post on Telegram, Russian Weightlifting Federation president Aleksandr Vinokurov thanked the IWF "for their trust", with the 2030 world champs also serving as a qualifying event for the 2032 Olympic Games. "Russia has all the necessary experience and capabilities to host competitions of the highest level," he said. "Moscow has repeatedly staged major international sporting events and has modern infrastructure." The federation toasted its success in snagging the hosting rights. "The Russian Weightlifting Federation is the first Olympic sports federation to succeed in bringing a top-level official competition back to the country in many years," it said. The decision to name Moscow as the host is a ground-breaking one and comes in the wake of the International Olympic Committee (IOC) announcing a pathway for Russian athletes to compete in international competition. A state-sponsored doping program implemented, according to the World Anti-Doping Agency, at the 2014 Sochi Winter Olympic Games, and the assault on Ukraine launched by President Vladimir Putin in 2022 resulted in Russians competing in various guises at international competition, most recently as Individual Neutral Athletes. However, on July 7 Russia came in from the cold when the IOC eased restrictions on Russian athletes and opened a pathway for them to compete in qualifying events for the 2028 Los Angeles Olympics. A furious Ukraine filed an appeal to the Court of Arbitration for Sport (CAS) requesting that the IOC decision be annulled.