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Cycloaliphatic Amine Curing Agent market size is estimated to reach US$290.4 million by 2027 – IndustryARC

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Cycloaliphatic Amine Curing Agent market size is estimated to reach US$290.4 million by 2027 – IndustryARC

September 15
07:22 2022
Cycloaliphatic Amine Curing Agent market size is estimated to reach US$290.4 million by 2027 - IndustryARC
Market Research Reports, Business Consulting Services & Analytics
Cycloaliphatic Amine Curing Agent market size is estimated to reach US$290.4 million by 2027, after growing at a CAGR of 6.5% from 2022-2027. Cycloaliphatic amine curing agent are group of curing agents which have good chemical resistance, low viscosity, and provide good mechanical properties at heat cure temperature.

Cycloaliphatic Amine Curing Agent Market size is estimated to reach US$290.4 million by 2027, after growing at a CAGR of 6.5% from 2022-2027. Cycloaliphatic amine curing agent are group of curing agents which have good chemical resistance, low viscosity, and provide good mechanical properties at heat cure temperature. The curing agents are of four main type i.e. piperidine, n aminoethylpiperazine, m xylylenediamine, and Menthanediamine. These curing agents are less volatile than linear aliphatic amines and have broad range of applications, like solvent free coatings, ultra-low emission coatings & floorings, chemically resistant linings, adhesives, electrical encapsulation, and filament winding. Hence, due such technical application, they are used in sectors like automotive, construction, power industry, and electronics.

 

Competitive Landscape:

The top 5 players in the Cycloaliphatic Amine Curing Agent industry are –

1. Huntsman Corporation

2. Dow Chemicals Company

3. Jiangsu Sanmu Group

4. Cardolite Corporation

5. Aditya Birla Chemicals

 

Interested in knowing more relevant information? Click here:

 https://www.industryarc.com/pdfdownload.php?id=511438

 

Segmental Analysis:

1. Technical grade held a significant share in cycloaliphatic amine curing agent market in 2021, with a share of over 62%. Cycloaliphatic amine curing agent have good chemical resistance and mechanical properties Such rich features make this curing agent to be used in automotive and construction sector for adhesive & coating application, in electronic sector for electrical encapsulation of semiconductors.

2. Asia-Pacific held the largest share in cycloaliphatic amine curing agent market in 2021, with a share of over 29%. The region consists of major users of curing agents like automotive and construction sector in major economies like China, India, Indonesia, and Australia. Cycloaliphatic amine curing agent is used in automotive sector for making automotive shafts and for adhesives, while in construction sectors they are used in coatings of steel and concrete floors.

3. Automotive sector held a significant share in cycloaliphatic amine curing agent market in 2021, with a share of 22%. Cycloaliphatic amine curing agent are used in filament winding process which is used to make automotive driving shafts, and also curing agents like piperidine is used in making automotive parts like shockers. Rapid urbanization and improvement in living standards has increased the demand for new automotive, resulting in increase in their global production level. 

 

Report Coverage

Report Attributes

Details

By Type

Piperidine, N-aminoethylpiperazine, Menthanediamine, M xylylenediamine

 

By Application

Adhesives, Primer, Mortars, Filament Winding, Coatings (Solvent Free Coating, Self-Levelling Floor Coating and Ultra-Low Emission Coating), Concrete, Wet Lay-up Laminating 

 

By End User

Automotive (Heavy Commercial Vehicles, Light Commercial Vehicles and Others), Electronics, Power Industry (Thermal, Wind and Hydro), Aerospace (Commercial Liner and Passenger Liner), Construction (Residential, Commercial and Industrial) 

 

By Geography

North America, Europe, Asia-Pacific, South America and Rest of World

 

Get more detailed information about these segments in the report. Buy it here:

 https://www.industryarc.com/reports/request-quote?id=511438

 

Market Drivers and Challenges:

 1. Increase in Production volume of Automotive : The increase in purchase capacity, improvement in living standards, and rapid urbanization have led to an increase in the demand for new automotive vehicles, thereby increasing their production volume. 

2. Growing Construction Activities : Emerging economies, rapid urbanization, and various infrastructural developments undertaken by countries have increased the scale of construction activity. For instance, as per, Japan’s Ministry of Land, Infrastructure, Transport and Tourism, in June 2021, construction order for new houses increased to 32.3% compared to -13.4% in 2020 same month. 

3. Negative effects on Human Health : Exposure to certain cycloaliphatic amine curing agent like m-xylylenediamine can cause health problems such as chemical burns, tissue damage, delayed pulmonary edema, shock and skin sensitization.

 

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