LONDON, March 2, 2016 /PRNewswire/ -- 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 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?
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of "Growth Opportunities in the Epoxy Curing Agent Market in the Global Adhesive Industry 2015-2020: Trends, Forecast, and Opportunity Analysis" include:
Market size estimates: Epoxy curing agent in the global adhesives industry size estimation in terms of volume (M lbs.) and value ($M) shipment.
Trend and forecast analysis: Epoxy curing agent in the global adhesives industry trend (2009-2014) and forecast (2015-2020) by region and segments.
Segmentation analysis: Epoxy curing agent in the global adhesives industry size by various product types, such as aliphatic amines, polyamide, cycloaliphatic amines, amidoamine, dicyandiamide, polymercaptan, and others both in terms of volume and value shipment
Regional analysis: Global epoxy curing agent in the global adhesives industry breakdown by key regions, such as North America, Europe, Asia Pacific, and Rest of the World.
Growth opportunities: Analysis on growth opportunities in different product types and regions.
Strategic analysis: This includes M&A, new product development, and competitive landscape of epoxy curing agent suppliers in the global adhesives industry.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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