According to the study “Asia Curable Materials Industry Situation and
Prospects Research report”, Asia’s curable materials are utilized for
coatings, adhesive bonding, sealants, general electronics, printing,
industrial, plastic bonding, and others. The major markets for curable
materials are industrial and commercial coatings. Furthermore, plastic bonding
applications may witness a potential growth due to increasing plastic
manufacturing. The leading players in Asia’s curable materials are Rockwell Automation,
Rubber King Tyre Pvt. Ltd, Green Rubber Group, Keyland Polymer Material
Sciences, Arnette Polymers, Dymax Corporation and Shin-Nakamura Chemicals. All
the leading vendors are increasingly focusing on expanding sales in developing markets and come up with effectual strategies to
gain a competitive edge. They are focussing on fast production capacity, manufacturing with less
floor space, and energy savings to ensure environment sustainability.
Curing is a process of chemical reaction or physical action that results
in a harder, tougher, or more stable linkage of materials such as an adhesive
bond. If additives are activated by ultraviolet radiation the process is called
ultraviolet curing which is implemented in polymer materials by cross linking
of polymer chains. Curable materials are utilized in bonding of metal, glass,
adhesive and other industrial manufacturing processes.
Asia’s curable materials market is majorly segmented on the basis of
type such as curable rubber, curable polymer and others. Curable polymer accounts
for a major share in the market followed by curable rubber. After the curing
process polymers exhibit high strength properties and are highly favoured in
bonding application on metal, glass, adhesive, and in other industrial
manufacturing processes. Therefore, there is a huge demand for curable polymers
compared to curable rubber. Majority of the polymers used are single component
that require no mixing and cure rapidly at room temperature upon exposure to a ultraviolet
light source compared to other conventional polymers. Curable rubber in curable
materials market is an emerging segment and will witness a slow growth over the
next few years.
Geographically, Asia curable materials industry is spread across China, Japan, India,
Korea, Saudi Arabia and other regions. Asian markets account for a major share in the global curable material
market because of heavy consumption, urbanization and economic growth in
countries such as China, India, Japan, and South Korea. Evolution in China’s automobile
sector has led to a huge demand for curable materials in automobile manufacturing
base and tires. India possesses several small scale curable material
manufacturers which represents a dynamic growth in the future. The increasing demand
for curable materials coupled with their advantages such as exceptional
durability and appearance will drive the market in Asia for curable materials
over the next few years.
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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
