PUBLISHER: QYResearch | PRODUCT CODE: 1862452
PUBLISHER: QYResearch | PRODUCT CODE: 1862452
The global market for Blocked Polyurethane Curing Agent was estimated to be worth US$ 335 million in 2024 and is forecast to a readjusted size of US$ 479 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Blocked Polyurethane Curing Agent cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global blocked polyurethane curing agent production reached approximately 26,385 tons, with an average global market price of around US$ 12,715 per ton.Blocked polyurethane curing agent is a cross-linking agent that temporarily inactivates the isocyanate functional group by using a blocking agent (such as ketoxime, alcohols, amines, esters, etc.). It can avoid side reactions between NCO and water, alcohol, etc. during storage and transportation, and has excellent storage stability and environmental compatibility. Under curing conditions (usually heated to 100-180°C), the blocking agent dissociates, releases active NCO, and cross-links with the hydroxyl group in the resin to form a high-performance polyurethane network structure. The cured coating has excellent water resistance, chemical resistance, adhesion and mechanical strength, and is widely used in high-performance coating fields such as automotive coating, metal anti-corrosion, wood coating, electronic packaging, and fabric finishing. As a key additive for low-VOC and environmentally friendly formulations, blocked polyurethane curing agents are continuing to develop in the direction of low-temperature unblocking, rapid reaction, and high cross-linking efficiency.
Overall, the global blocked polyurethane crosslinker market is expected to maintain steady growth. The international market is highly concentrated, while domestic companies are gradually enhancing their global competitiveness through technological innovation, product diversification, and expansion into downstream applications. Looking ahead, environmental regulations, increasing demand for high-performance downstream applications, and companies' R&D capabilities will serve as the primary drivers for continued market expansion. In the global competitive landscape, companies that can balance product performance, environmental compliance, and cost control will hold a clear advantage.
In terms of product types, solvent-based blocked polyurethane crosslinkers remain dominant, with an expected market share of 56% by 2031. This is largely due to their ease of application, formulation adaptability, and broad use in industrial coatings, wood coatings, and automotive finishes. Waterborne blocked crosslinkers are rapidly growing as environmental regulations tighten and low-VOC requirements increase. Their low emissions and eco-friendliness are gradually making them the preferred choice for high-end automotive coatings and architectural coatings. Powder-based crosslinkers stand out in the powder coating segment, offering high solid content, excellent chemical resistance, and uniform coating thickness, making them particularly suitable for automotive chassis, home appliance exteriors, and electronic housings requiring high-durability finishes. Overall, the penetration of powder and waterborne crosslinkers is increasing rapidly, positioning them as the main growth drivers in the next five years.
Regarding application areas, coatings remain the primary downstream market for blocked polyurethane crosslinkers, accounting for approximately 74% of the market in 2024, indicating sustained demand for high-performance crosslinkers in the coating industry. Adhesives and composite applications are also seeing significant growth, particularly in automotive structural adhesives, electronic encapsulation, and high-performance composites, where the superior properties of blocked crosslinkers are increasingly recognized. Advances in low-free isocyanate technology and fast-curing systems have further facilitated the adoption of high-performance waterborne, powder coatings, and high-end industrial adhesives. On the production side, companies are gradually optimizing their global manufacturing networks to balance cost control with market responsiveness, with the rapidly growing Chinese market attracting more international investment and partnerships.
From a global market perspective, leading players such as Covestro, Vencorex, UBE, Asahi Kasei, and Evonik dominate the industry, with the top five companies accounting for approximately 62% of the international market in 2024, highlighting the high concentration and technological barriers. Overall, both global and domestic markets exhibit high concentration and high technological thresholds, requiring companies to enhance core competitiveness through innovation, process optimization, and downstream expansion, while also providing opportunities for newcomers to enter the market through differentiated products and technological breakthroughs.
Regarding the industry environment, growth in blocked polyurethane crosslinkers is driven by both favorable and challenging factors. On one hand, increasingly strict environmental regulations, VOC emission control, low-toxicity requirements, and construction safety standards drive downstream enterprises to choose safe, environmentally friendly, low-VOC blocked crosslinkers, providing ongoing impetus for technological upgrades and product innovation. The performance demands of downstream coatings, adhesives, and high-performance industrial applications in automotive, wood, and other sectors-such as weather resistance, adhesion, chemical resistance, and application convenience-further encourage continuous investment in R&D, formulation optimization, and process improvement. On the other hand, raw material price fluctuations, rising production costs, and intensified market competition may pressure profitability, especially for small- and medium-sized domestic companies facing challenges in R&D investment and capacity expansion.
In terms of development trends, the industry is characterized by accelerated adoption of low-VOC and environmentally friendly products, parallel growth of solvent-based and waterborne crosslinkers, rising demand from coatings and high-performance industrial applications, and production strategies that balance cost optimization with localized manufacturing.
This report aims to provide a comprehensive presentation of the global market for Blocked Polyurethane Curing Agent, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Blocked Polyurethane Curing Agent by region & country, by Type, and by Application.
The Blocked Polyurethane 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 Blocked Polyurethane Curing Agent.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Blocked Polyurethane Curing Agent manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Blocked Polyurethane Curing Agent in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Blocked Polyurethane Curing Agent in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.