The rising consumer demand for FMCG products, such as cosmetics and adoption of modern agriculture practices for pesticides and various agrochemicals, are few factors contributing to the growth of the global amines curing agents market. Amine curing agents are high in water solubility and are readily soluble in numerous organic solvents. The amine curing agents are primarily employed in the production of resin, wax, and paints and are also applied for multiple purposes, such as leather processing and agrochemicals, among several others.
Amine curing agents are primarily used in agrochemicals and surfactants. Major end-user industries for specialty chemicals include paints & coatings, personal care, agrochemicals, and surfactants, among others. Amine curing agents are organic compounds from derivatives of ammonia in which organic groups replace either one, two, or all three hydrogen atoms. Production of odorless and eco-friendly products primarily in the agrochemicals segments, which is expected to drive the demand for amine curing agents for gardening and other such applications.
Amine curing agents Market Dynamics
Agriculture dominates the global demand for amine curing agents, and the trend is expected to continue during the forecast period. The increasing demand for agrochemicals is primarily dependent on the market for food in the region. Therefore, the population growth rate is among the foremost determinant for the exchange of amine curing agents.
Increasing construction activities and growth in industrial investments are leading to a surge in demand for paints and coatings, which are expected to be among the major factors driving growth for amine curing agents during the forecast period. Paints & coatings applications are expected to be the fastest-growing application in the near future. The increasing demand from the construction and automotive industry is likely to drive the global amine curing agents market in the years to come.
Volatile pricing of primary raw materials, such as ethylene oxide, is a significant restraint for amine curing agents market growth. High toxicity, environmental and health hazards associated with amine curing agents leading to stringent environmental regulation is a significant factor restraining amine curing agents market growth.
Amine curing agents Market Regional Outlook
North America dominates the global demand for amine curing agents in terms of consumption and the trend is expected to continue during the forecast period. The market for amine curing agents in North America and Europe is anticipated to grow at a slow rate during the forecast period, mainly owing to stringent government regulations and market saturation in several end-user industries. East Asia is the second-largest consumer of amine curing agents. India and China are two of the most significant nations in terms of population.
India and China are also among the foremost emerging economies across the globe. Large population coupled with high industrial investment in these developing economies is leading to growth in several end-user such as agrochemicals, paints, and construction industries which are expected to be a significant factor fuelling the growth of amine curing agents in East Asia and South Asia. On account of this, South Asia is expected to be the fastest-growing region for amine curing agents market growth during the forecast period.
Amine curing agents Market Key Players
Increasing research and development to produce innovative and application-specific specialty and expanding the production capacity of leading players, which is expected to offer a huge growth opportunity in the market. The key players in the amine curing agents market are mentioned below:
- Dow Chemical
- Evonik Industries
- Brenntag Specialties, Inc.,
- BASF S.E.
- Aditya Birla Group
- Hexion Inc.
- Palmer Holland
- Cardolite Corporation
- Gabriel Performance Products
- Mitsubishi Chemical
The research report presents a comprehensive assessment of the Amine curing agents market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Amine curing agents market segments such as geographies, application and industry.
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Amine curing agents market report covers exhaustive analysis on:
- Amine curing agents Market Segments
- Amine curing agents Market Dynamics
- Amine curing agents Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Amine curing agents market regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Russia)
- East Asia (China, Japan and South Korea)
- South Asia (India, Thailand, Indonesia, Malaysia)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Amine curing agents report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Amine curing agents market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Amine curing agents market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Amine curing agents Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and Products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Amine Curing Agents Market Segmentation
Global amine curing agents market can be segmented on the basis of type, nature and end-use industry.
On the basis of type, amine curing agents market is segmented as:
On the basis of nature, amine curing agents market is segmented as:
- Aliphatic Amine curing agents
- Aromatic Amine curing agents
- Modified Amine curing agents
On the basis of end-use industry, amine curing agents market is segmented as:
- Building & Construction