Curing Agent Market Size and Share

Curing Agent Market Summary
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Curing Agent Market Analysis by Mordor Intelligence

The curing agent market reached USD 7.54 billion in 2025 and is forecast to advance to USD 9.7 billion by 2030, reflecting a 5.16% CAGR. Robust construction spending, wind-energy buildouts, and a decisive pivot toward bio-based chemistries keep demand resilient even as regulatory barriers tighten. Manufacturers benefit from expanding infrastructure budgets, electrification of transport, and the need for durable, low-VOC coating systems that meet global environmental mandates. Wind-turbine blade production, battery potting, and 3D-printing resins provide high-value outlets, while supply-chain integration in Asia Pacific continues to influence raw-material availability and pricing. Competitive pressure centers on faster cure cycles, lower emissions, and life-cycle recyclability, pushing incumbents to accelerate research and devlopment and scale up renewable feedstocks to defend margins in the curing agent market.

Key Report Takeaways

  • By type, epoxy curing agents captured 43.24% of the curing agent market share in 2024 and are expanding at a 6.40% CAGR to 2030. 
  • By application, paints and coatings led with 34.77% of the curing agent market size in 2024, while composites are projected to post the highest 6.22% CAGR through 2030. 
  • By geography, Asia Pacific accounted for 45.22% revenue share of the curing agent market in 2024 and is advancing at a 6.65% regional CAGR to 2030. 

Segment Analysis

By Type: Epoxy Dominance Accelerates Through Innovation

Epoxy systems generated the largest revenue within the curing agent market in 2024, and their 6.40% CAGR through 2030 outpaces every other chemistry category. Within this segment, aliphatic amine blends enable thin-film cure at temperatures below 10 °C, while polyamides contribute moisture tolerance for marine primers. Huntsman, BASF, and Evonik combine backward-integrated amine chains with regional mixing plants, sustaining their cost edge and technical support. 

Polyurethane hardeners continue to hold strong positions in flexible flooring and spray foams, yet isocyanate regulation encourages hybrid epoxy-polyurethane routes with blocked functionality that releases under heat. Silicone and phenolic curing agents remain indispensable for aerospace and high-temperature electronics, where dielectric stability is critical. Rubber and acrylic formulations address niche sealing, tire, and UV-cure needs, contributing steady but slower growth. 

Curing Agent Market:
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By Application: Composites Growth Outpaces Traditional Segments

Composites are forecast to expand at 6.22% through 2030. The steep trajectory reflects surging wind-turbine blade needs, electrified vehicle platforms, and lightweight urban mobility structures. Longer blades necessitate resin systems that remain in workable form for 4 hours while curing overnight at 60 °C, stimulating demand for innovative amine adducts. Battery potting applications require thermally conductive yet electrically insulating epoxies that dissipate heat spikes without compromising dielectric properties. At the same time, paints and coatings keep their top spot in revenue terms, driven by monumental upkeep cycles in infrastructure, maritime shipping decarbonization, and universal incentives for low-solvent architectural finishes. 

Electrical and electronics usage rises on the back of 5G rollouts and high-density semiconductor packaging that demands filler-rich, low-CTE epoxy encapsulants. 3D-printing resins, though currently a small slice, post a significant volume growth thanks to digital spare-part programs and on-site construction trials. Collectively, these diverse outlets balance cyclical swings and broaden the demand base for the curing agent market.

Curing Agent Market
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Geography Analysis

Asia Pacific dominates on both volume and value, holding 45.22% of global sales in 2024 and riding a 6.65% CAGR to 2030. Regional supply chains feature integrated amine synthesis, competitive labor, and proximity to downstream users, giving local producers agility in pricing and lead time. China’s Made-in-China 2025 initiative upgrades domestic output from commodity epoxy diluents toward specialty crosslinkers, supporting local turbine and semiconductor customers simultaneously. India’s production-linked incentive framework attracts multinational capital into polyetheramine and phenalkamine facilities, cutting import dependency and propelling the curing agent market in South Asia.

North America benefits from shale gas feedstock and high wind-capacity additions, yet stricter VOC proposals and PFAS scrutiny raise research and development outlays. Leading formulators move toward mass-balance bio-attribution models and circular end-of-life options to maintain differentiation and secure grants. Europe confronts elevated electricity prices and evolving REACH thresholds, compelling operators to migrate toward high-margin custom solutions while scaling green hydrogen-powered plants to lower Scope 2 emissions. 

Curing Agent Market
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Competitive Landscape

The curing agent market remains moderately fragmented. BASF secures scale advantages from backward-integrated isophorone diamine and has formalized an exclusive North American Baxxodur distribution deal with Univar, enhancing customer reach. Smaller innovators scale cardanol refining and lignin amination, partnering with turbine OEMs and EV start-ups to validate performance. 

Curing Agent Industry Leaders

  1. Evonik Industries, AG

  2. BASF

  3. Hexion Inc.

  4. Huntsman International LLC

  5. Mitsubishi Chemical Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Curing Agent Market - Market Concentration
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Recent Industry Developments

  • November 2024: Evonik Industries, AG broke ground on a specialty amines expansion in Nanjing, deepening its commitment to epoxy and polyurethane curing systems.
  • September 2024: Evonik Industries, AG introduced Ancamide 2853 and 2865 polyamide-based curing agents for the Americas, broadening sustainable options for coating formulators.

Table of Contents for Curing Agent Industry Report

1. Introduction

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surging Demand from Paints and Coatings
    • 4.2.2 Infrastructure Boom Driving Building and Construction Composites
    • 4.2.3 Rapid Expansion of Wind-Energy Blade Production
    • 4.2.4 Shift to Bio-Based Cashew Nutshell Liquid (CNSL) and Lignin Curing Chemistries
    • 4.2.5 Ultra-Fast Curing Agents Enabling 3D-Printing Resins
  • 4.3 Market Restraints
    • 4.3.1 Stringent VOC and REACH Regulations on Amines and Anhydrides
    • 4.3.2 Volatility in Petro-Derived Raw-Material Costs
    • 4.3.3 Supply-Chain Concentration of Specialty Amines in Asia Pacific
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Epoxy
    • 5.1.2 Polyurethane
    • 5.1.3 Rubber
    • 5.1.4 Acrylic
    • 5.1.5 Other Types (Silicone, Phenolic, etc.)
  • 5.2 By Application
    • 5.2.1 Paints and Coatings
    • 5.2.2 Building and Construction
    • 5.2.3 Adhesives and Sealants
    • 5.2.4 Composites (Wind, Marine, Sports)
    • 5.2.5 Electrical and Electronics (Potting, PCB, EV batteries)
    • 5.2.6 Other Applications (3D-printing, Flooring, etc.)
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (Mergers and Acquisitions, JVs, Partnerships)
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Alfa Chemicals
    • 6.4.2 Atul Ltd.
    • 6.4.3 BASF
    • 6.4.4 Cardolite Corporation
    • 6.4.5 DIC Corporation
    • 6.4.6 Evonik Industries, AG
    • 6.4.7 Hexion Inc.
    • 6.4.8 Huntsman International LLC
    • 6.4.9 Incorez Ltd.
    • 6.4.10 Kukdo Chemical Co.
    • 6.4.11 Mitsubishi Chemical Corporation
    • 6.4.12 Olin Corporation
    • 6.4.13 Palmer International
    • 6.4.14 Supreme Polytech Pvt Ltd.
    • 6.4.15 Wanhua Chemical Group

7. Market Opportunities and Future Outlook

  • 7.1 Development of Environmental Friendly Low or Non-VOC Curing Agents
  • 7.2 White-space and unmet-need assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the curing agent market as the global sales value of chemical hardeners, principally amine, polyamide, anhydride, polyurethane, rubber, acrylic, and select bio-based chemistries, used to cross-link resins across paints and coatings, construction compounds, adhesives and sealants, composites, and electrical and electronics. According to Mordor Intelligence analysts, the scope captures only new commercial-grade agents supplied in bulk or formulated blends; recycled or reclaim streams are outside the estimate.

Scope exclusion: products marketed solely as curing accelerators or thinners without reactive functionality are not covered.

Segmentation Overview

  • By Type
    • Epoxy
    • Polyurethane
    • Rubber
    • Acrylic
    • Other Types (Silicone, Phenolic, etc.)
  • By Application
    • Paints and Coatings
    • Building and Construction
    • Adhesives and Sealants
    • Composites (Wind, Marine, Sports)
    • Electrical and Electronics (Potting, PCB, EV batteries)
    • Other Applications (3D-printing, Flooring, etc.)
  • By Geography
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia-Pacific
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle-East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of Middle-East and Africa

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed raw-material producers, regional distributors, coating formulators, and composite fabricators across Asia-Pacific, North America, and Europe. Conversations probed average selling prices, cure-speed preferences, wind-blade resin uptakes, and the shift toward low-VOC chemistries, allowing us to reconcile secondary cues, refine penetration ratios, and test early model outputs.

Desk Research

We compiled baseline demand indicators from open sources such as United States International Trade Commission import codes, Eurostat PRODCOM output, China Customs HS-2916 lines, industry association whitepapers from ACA and JEC Composites, patent filings from Questel, and listed company 10-K disclosures. Additional volume, price, and end-use split clues were extracted from D&B Hoovers screened supplier financials and Dow Jones Factiva news archives. These sources provide shipment trends, typical unit prices, and capacity additions that ground the initial data grid; however, they are illustrative and not exhaustive, as many other public records supported our assessment.

Market-Sizing & Forecasting

We apply a top-down construct in which global epoxy, polyurethane, and other resin consumption volumes are reconstructed from production and trade data, then multiplied by validated curing-agent-to-resin dosage factors. Select bottom-up checks, supplier revenue roll-ups, and channel ASP times sample volume are run to sense-check totals. Key variables include regional infrastructure spending, wind-turbine blade installations, coatings output indices, average dosage rates, and agent ASP progression. A multivariate regression combined with scenario analysis projects these drivers forward to 2030; gaps for niche uses are bridged through expert consensus ranges.

Data Validation & Update Cycle

Outputs pass a three-layer review: automated variance scans, peer analyst critique, and senior sign-off. We revisit models annually, triggering interim refreshes for material capacity additions, regulatory shifts, or price shocks, ensuring clients receive the latest vetted view before report delivery.

Why Mordor's Curing Agent Baseline Commands Exceptional Reliability

Published estimates often differ because firms select dissimilar product baskets, conversion ratios, and refresh cadences.

Key gap drivers arise when other publishers (i) limit inclusion to epoxy agents only, (ii) anchor models on earlier base years without mid-cycle price resets, or (iii) assume single uniform ASPs across regions, whereas our team factors Asia-Pacific discounting, specialty bio-based premiums, and quarterly FX updates.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 7.54 B (2025) Mordor Intelligence -
USD 7.02 B (2024) Global Consultancy A excludes polyurethane and rubber agents; earlier base year, biennial updates
USD 6.30 B (2024) Industry Association B relies on single global ASP assumption, limited primary validation
USD 5.90 B (2023) Trade Journal C narrower end-use capture and no currency normalization to 2025 USD

These comparisons show that, by selecting the full reactive agent set, refreshing data annually, and cross-checking with end-user interviews, Mordor delivers a balanced, transparent baseline that decision-makers can trace back to clear drivers and repeatable steps.

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Key Questions Answered in the Report

What is the current size of the curing agent market?

The curing agent market stands at USD 7.54 billion in 2025 and is projected to reach USD 9.7 billion by 2030.

Which curing agent type holds the largest share?

Epoxy curing agents lead with 43.24% of curing agent market share in 2024, growing at a 6.40% CAGR through 2030.

Why is Asia Pacific pivotal for curing agent suppliers?

Asia Pacific commands 45.22% of global revenue thanks to integrated supply chains, lower production costs, and expanding construction and wind-energy sectors.

How are regulations influencing product development?

Stricter VOC and REACH rules push manufacturers toward bio-based, low-odor chemistries and accelerate research and development for PFAS-free and low-hazard accelerators, reshaping portfolios.

Which application segment is growing fastest?

Composites applications, especially wind-turbine blades and lightweight automotive parts, register the highest 6.22% CAGR through 2030.

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