The Market Reports

Synopsis

The global market for Polymercaptan Curing Agent was estimated to be worth US$ 139 million in 2024 and is forecast to a readjusted size of US$ 226 million by 2031 with a CAGR of 7.0% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Polymercaptan Curing Agent cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Polythiol curing agents are specialized chemical compounds containing multiple thiol (-SH) functional groups, which enable rapid cross-linking reactions in epoxy resins, polyurethanes, and other polymer systems. Known for their fast curing speed, excellent adhesion, and superior chemical resistance, these curing agents are widely used in coatings, adhesives, sealants, and electronic encapsulation materials. Their ability to cure at ambient temperatures makes them particularly valuable in applications requiring quick processing and high durability.

Market Demand and Application Expansion
The increasing demand for high-performance coatings and adhesives in industries such as aerospace, automotive, and electronics has driven the adoption of polythiol curing agents. In particular, the electronics industry benefits from their excellent insulation properties, low shrinkage, and resistance to moisture and chemicals, making them ideal for encapsulation applications. Additionally, as environmental regulations become stricter, manufacturers are developing eco-friendly, low-VOC formulations to align with sustainability trends and green chemistry initiatives.

Technological Advancements and Regional Growth
Innovation in curing technologies continues to enhance the performance of polythiol-based systems, with hybrid formulations combining polythiols with other reactive chemistries to improve mechanical properties and processing efficiency. The Asia-Pacific region, led by China, Japan, and South Korea, is experiencing rapid growth due to the expansion of coatings, adhesives, and electronics industries, while North America and Europe remain focused on sustainable and advanced formulation development. Moving forward, the evolution of polythiol curing agents will be driven by advancements in material science, regulatory compliance, and the need for high-performance solutions.

This report aims to provide a comprehensive presentation of the global market for Polymercaptan Curing Agent, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Polymercaptan Curing Agent by region & country, by SH Number, and by Application.

The Polymercaptan Curing Agent market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polymercaptan Curing Agent.

Market Segmentation

By Company

• Huntsman
• Toray
• Resonac
• Yifeng New Materials
• BRUNO BOCK
• Sakai Chemical Industry
• Segment by SH Number
• Dimercaptopolythiol
• Trimercaptopolythiol
• Tetramercapto Polythiol
• Other

Segment by Technology

• Polyether Type
• Polyester Type

Segment by Application

• Automotive
• Construction
• Electronic
• Industrial
• Other

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.