Cardolite Corporation launched NX-8402 a new waterborne curing agent that does not contain any solvent and does not require co-solvents to form a film properly. Since this epoxy curing agent is supplied as an emulsion, it can be easily diluted in water as is and after mixing with epoxy resins. As a result, NX-8402 enables zero and low VOC formulations that meet many industrial applications' requirements. Moreover, NX-8402 is compatible with various epoxy dispersion resins, including standard liquid epoxy. The good handling properties of NX-8402 give formulators latitude to work.
Nouryon announced its plans to build a new production facility to meet the increasing global demand for innovative and sustainable additives for the rapidly growing paints and coatings end market and other high-growth end markets. The new facility will be situated in Southeast Asia. With a 15-20 kilotons capacity, it will expand Nouryon’s business to multinational and regional customers.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3398
Published Date: Mar 24, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing construction activities across countries, and the continual technological advancements in semiconductors and electronic devices/products are the major factors driving the market growth.
The market is anticipated to attain a CAGR of 6.77% over the forecast period, i.e., 2023-2033.
The major players in the market are Cardolite Corporation, Evonik Industries AG, BASF SE, Mitsubishi Chemical Corporation, and Huntsman International LLC., and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, form, application, end user, and region.
The cycloaliphatic amine segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
The toxicity effect caused by volatile organic compound emissions is a restraint factor for market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.