Market Overview:
The global amine-based epoxy hardener market is estimated to be valued at USD 1.5 billion in 2018 and is projected to reach USD 2.4 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for coatings, construction, wind energy, electrical & electronics, adhesives, composites and other applications across the globe. In addition, growing awareness about the benefits of using amine-based epoxy hardeners is also expected to boost the demand for these products over the forecast period. On basis of type, aliphatic amines are projected to lead the global amine-based epoxy hardener market during forecast period owing their properties such as low volatility and non-toxicity which make them suitable for use in a wide range of applications including coatings and construction among others. On basis of application, coatings segment is anticipated witness highest growth during forecast period followed by construction segment due high adoption rate across various industries coupled with stringent regulations mandating use of environment friendly products in developed economies such as Europe and North America .
Product Definition:
Amine-based epoxy hardener is a type of epoxy hardener that is made from amines. It is used to increase the hardness and toughness of epoxy coatings, adhesives, and sealants.
Aliphatic Amines:
Aliphatic amines are chemical compounds derived from ammonia. They can be further modified by alkyl, alkoxy, halogen and other functional groups. Aliphatic amines have applications in epoxy resins and as hardeners for polyvinyl chloride (PVC) resins.
Dicyandiamide:
Dicyandiamide or N,N-dimethylcyclohexane diamine is a chemical compound and an intermediate used in epoxy resin hardener production. It is also used as a reagent for the detection of amino groups in organic compounds. Dicyandiamide has applications as adhesives, sealants, coatings and printing inks due to its high strength properties.
Application Insights:
The coatings application segment led the global amine-based epoxy hardener market in 2017 and is projected to witness significant growth over the forecast period. The increasing demand for coatings as a protective layer on various industrial equipment, construction materials, automotive parts and household appliances is expected to drive the product demand in this application segment.
Coating manufacturers are increasingly using Epoxy Amines (EA) based hardeners due to their superior performance compared to other conventional products used for coating applications such as Polyurethane (PU) or Polyesteramine (PA). These EA products can be applied by either brush, spray or dip methods depending upon its dry film thickness requirement.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant growth rate of 4.1% from 2018 to 2030 owing to increasing construction spending along with growing automotive production in countries such as China, India, Indonesia, and Thailand.
The coatings application segment led by Japan accounted for more than 50% of the total demand for amine-based epoxy hardeners in Asia Pacific in 2017 owing to rising investments made by domestic manufacturers coupled with government support aimed at promoting industrialization and job creation. Increasing consumption of automobiles has resulted into increased product demand across several industries including aerospace & defense, marine applications among others which will drive regional growth over the coming years.
Growth Factors:
- Increasing demand for epoxy hardener in the construction industry as a result of growing infrastructure development activities across the globe.
- Rising demand for amine-based epoxy hardener from end-use industries such as automotive, aerospace, and marine due to its superior properties such as high thermal stability and chemical resistance.
- Growing awareness about the benefits of using amine-based epoxy hardener among consumers is expected to boost its market growth during the forecast period.
- Technological advancements in production processes are projected to fuel the growth of this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Amine-based Epoxy Hardener Market Research Report
By Type
Aliphatic Amines, Dicyandiamide, Amidoamine, Polyamide, Others
By Application
Coatings, Construction, Wind Energy, Electrical & Electronics, Adhesives, Composites, Other
By Companies
Olin Corporation, Hexion, Huntsman, KUKDO, Reichhold, Atul, Aditya Birla Group, BASF, Evonik, Air Products, Olin Corporation, Cardolite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Amine-based Epoxy Hardener Market Report Segments:
The global Amine-based Epoxy Hardener market is segmented on the basis of:
Types
Aliphatic Amines, Dicyandiamide, Amidoamine, Polyamide, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coatings, Construction, Wind Energy, Electrical & Electronics, Adhesives, Composites, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olin Corporation
- Hexion
- Huntsman
- KUKDO
- Reichhold
- Atul
- Aditya Birla Group
- BASF
- Evonik
- Air Products
- Olin Corporation
- Cardolite
Highlights of The Amine-based Epoxy Hardener Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aliphatic Amines
- Dicyandiamide
- Amidoamine
- Polyamide
- Others
- By Application:
- Coatings
- Construction
- Wind Energy
- Electrical & Electronics
- Adhesives
- Composites
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Amine-based Epoxy Hardener Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Amine-based epoxy hardener is a type of epoxy resin that contains amines as its main ingredients. These amines react with the polyester resin to form a hard, durable finish.
Some of the major players in the amine-based epoxy hardener market are Olin Corporation, Hexion, Huntsman, KUKDO, Reichhold, Atul, Aditya Birla Group, BASF, Evonik, Air Products, Olin Corporation, Cardolite.
The amine-based epoxy hardener market is expected to grow at a compound annual growth rate of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Amine-based Epoxy Hardener Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Amine-based Epoxy Hardener Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Amine-based Epoxy Hardener Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Amine-based Epoxy Hardener Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Amine-based Epoxy Hardener Market Size & Forecast, 2020-2028
4.5.1 Amine-based Epoxy Hardener Market Size and Y-o-Y Growth
4.5.2 Amine-based Epoxy Hardener Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aliphatic Amines
5.2.2 Dicyandiamide
5.2.3 Amidoamine
5.2.4 Polyamide
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coatings
6.2.2 Construction
6.2.3 Wind Energy
6.2.4 Electrical & Electronics
6.2.5 Adhesives
6.2.6 Composites
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Amine-based Epoxy Hardener Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Amine-based Epoxy Hardener Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aliphatic Amines
9.6.2 Dicyandiamide
9.6.3 Amidoamine
9.6.4 Polyamide
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coatings
9.10.2 Construction
9.10.3 Wind Energy
9.10.4 Electrical & Electronics
9.10.5 Adhesives
9.10.6 Composites
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aliphatic Amines
10.6.2 Dicyandiamide
10.6.3 Amidoamine
10.6.4 Polyamide
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coatings
10.10.2 Construction
10.10.3 Wind Energy
10.10.4 Electrical & Electronics
10.10.5 Adhesives
10.10.6 Composites
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aliphatic Amines
11.6.2 Dicyandiamide
11.6.3 Amidoamine
11.6.4 Polyamide
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coatings
11.10.2 Construction
11.10.3 Wind Energy
11.10.4 Electrical & Electronics
11.10.5 Adhesives
11.10.6 Composites
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aliphatic Amines
12.6.2 Dicyandiamide
12.6.3 Amidoamine
12.6.4 Polyamide
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coatings
12.10.2 Construction
12.10.3 Wind Energy
12.10.4 Electrical & Electronics
12.10.5 Adhesives
12.10.6 Composites
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aliphatic Amines
13.6.2 Dicyandiamide
13.6.3 Amidoamine
13.6.4 Polyamide
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coatings
13.10.2 Construction
13.10.3 Wind Energy
13.10.4 Electrical & Electronics
13.10.5 Adhesives
13.10.6 Composites
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Amine-based Epoxy Hardener Market: Competitive Dashboard
14.2 Global Amine-based Epoxy Hardener Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olin Corporation
14.3.2 Hexion
14.3.3 Huntsman
14.3.4 KUKDO
14.3.5 Reichhold
14.3.6 Atul
14.3.7 Aditya Birla Group
14.3.8 BASF
14.3.9 Evonik
14.3.10 Air Products
14.3.11 Olin Corporation
14.3.12 Cardolite
