According to a new market report published by
Lucintel, the future of the epoxy curing agent in the global adhesives industry
looks good, with opportunities in the polyamide, aliphatic, cycloaliphatic,
dicyandiamide, amidoamine, and polymercaptan. The epoxy curing agent in the
global adhesives industry is forecast to grow at a CAGR of 4.0% by value from
2015 to 2020. The major drivers of growth for this market are growth of end-use
industries and replacement of traditional fasteners with adhesives.
In this market, polyamide, aliphatic,
cycloaliphatic, dicyandiamide, amidoamine, and polymercaptan are the major products
used as curing agents in the global adhesives 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 witness
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 in the epoxy adhesive industry. Asia Pacific and North
America are expected to show above average growth during the forecast period due
to increasing demand of epoxy adhesive in the automotive, aerospace, and other
industries.
For market expansion, the report suggests 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 and pot life.
Emerging trends, which have a direct impact
on the dynamics of the industry, include development of epoxy curing agent with
low temperature cure and long pot life.
Air Products, BASF SE, Huntsman, Momentive, and Dow Chemicals are among the
major players of epoxy curing agent market in the global adhesives industry.
Lucintel, a leading global strategic
consulting and market research firm, has analyzed the epoxy curing agent in the
global adhesives industry by product type and region, and has come up
with a comprehensive research report, “Growth
Opportunities for Epoxy Curing Agent in the Global Adhesives 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 the epoxy
curing agent market in the global adhesives industry through 2020, segmented by
product type and region as follows:
By product type [Value ($M) and Volume (M lbs)
shipment analysis for 2009 – 2020]:
·
Aliphatic Amines
·
Polyamide
·
Cycloaliphatic Amines
·
Amidoamine
·
Dicyandiamide
·
Polymercaptan
·
Others
By region [Value ($M) and Volume (M lbs) shipment
analysis for 2009 – 2020]:
·
North America
·
Europe
·
Asia Pacific
·
Rest of the World
This
120-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 link http://www.lucintel.com/reports/chemical_composites/growth_opportunities_in_the_epoxy_curing_agent_market_in_the_global_adhesive_industry_2015_2020_trends_forecast_and_opportunity_analysis_december_2015.aspx or
helpdesk@lucintel.com.
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 the global adhesives 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?
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