Lucintel identifies and prioritizes opportunities for growth in the epoxy curing agent in the global paint and coatings industry by product type and region

According to a new market report published by Lucintel, the future of the epoxy curing agent in the global paint and coatings industry looks good, with opportunities in the polyamide, aliphatic, cycloaliphatic, dicyandiamide, phenalkamine, amidoamine, and phenol. The epoxy curing agent in global paint and coatings industry is forecast to grow at a CAGR of 4.4% by value from 2015 to 2020. The major drivers of growth for this market are growth of end-use industries and increasing use of high-performance epoxy-based coatings. 

In this market, polyamide, aliphatic, cycloaliphatic, phenalkamine, amidoamine, dicyandiamide, and phenol are the major products used as curing agents in the global paint and coatings industry. Polyamide is the largest product segment and is expected to remain the same during the forecast period. Lucintel predicts that the demand for dicyandiamide is expected to experience the highest growth rate in the forecast period supported by growth of end-use industries. 

Asia Pacific is expected to remain the largest market due to growth of paint and coatings industry. Asia Pacific is expected to show above average growth during the forecast period due to increasing demand for high-performance epoxy-based coatings in the automotive, marine, aerospace, and other industries.

For market expansion, the report suggests innovation and new product development, where the unique characteristics of epoxy curing agent can be capitalized. Some of the innovation areas in epoxy curing agent could be in the areas of curing time, low yellowing, color stability, and low volatile organic compounds (VOC) release. 

Emerging trends, which have a direct impact on the dynamics of the industry, include development of epoxy curing agent with low temperature cure and improved performance characteristics. Air Products, BASF SE, Huntsman, Momentive, and Cardolite Corporation are among the major players of epoxy curing agent in the global paint and coatings industry.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the epoxy curing agent market in the global paint and coatings industry by product type and region, and has come up with a comprehensive research report, “Growth Opportunities for Epoxy Curing Agent in the Global Paint and Coatings Industry 2015-2020: Trends, Forecast, and Opportunity Analysis” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for epoxy curing agent in the global paint and coatings industry through 2020, segmented by product type and region as follows:

By product type [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]: 

·         Polyamide

·         Aliphatic Amines

·         Cycloaliphatic Amines

·         Phenalkamine

·         Amidoamine

·         Dicyandiamide

·         Phenol

·         Catalyst

·         Others

By region [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]: 

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World 

This 108-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this linkhttp://www.lucintel.com/reports/chemical_composites/growth_opportunities_for_epoxy_curing_agent_in_the_global_paint_and_coatings_industry_2015_2020_trends_forecast_and_opportunity_analysis_january_2016.aspx  or   helpdesk@lucintel.com. Lucintel offerings include chemical market research reports, chemical industry analysis report, business strategy consulting, market research due diligence and marketing research reports online.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q. 1. What are some of the most promising, high-growth opportunities for epoxy curing agent in global paint and coatings industry by product type and region?

Q. 2.Which product segments will grow at a faster pace and why?

Q. 3.Which region will grow at a faster pace and why?

Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges in the market?

Q.5.What are the business risks and competitive threats in this market?

Q.6.What are emerging trends in this market and reasons behind them?

Q.7.What are some changing requirements and demands of customers in the market?

Q.8.What are the new developments in the market and which companies are leading these developments?

Q.9.Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?

Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via materials / product substitution?

Q. 11. What M & A activities have transpired in the last 5 years in this market and describe their impact on the industry?