Industry News

Gustav Grolman to Market BASF’ S Curing Agents in Europe

Gustav Grolman and BASF strengthen collaboration for distribution of amine-based curing agents used in the epoxy resins process.

Germany: BASF has entered into an agreement with Gustav Grolman for marketing amine based curing agents manufactured by BASF. According to terms of this agreement, BASF’s speciality chemicals will be marketed by Grolman in various European countries, such as Sweden, Finland, France, Norway and Denmark. Amine based curing agents produced by BASF are utilized in composition materials, thermosetting, laminates, corrosion protection varnish as well as resistant floor coatingcoatings. Additionally, these products are also utilized in aerospace, marine, automotive as well as in the manufacturing sector. BASF offers a wide range of amine based curing agents for epoxy resin production process under the brand name ‘Baxxodur’.

Techsci Research depicts that the collaboration of BASF with Gustav Grolman would improve the customer reach of the company in the European region. Growing demand for curing agents within the European region for application in in the tire manufacturing sector is projected to bolster the demand for tire chemicals across the globe.

According to the recently published report by TechSci Research, Global Tire Chemicals Market By Type, By Tire Category, By Region, Competition Forecast & Opportunities, 2011-2025”, the tire chemicals market is projected to surpass 42.58 million tons by 2025, on account of accelerating demand for highly durable tires majorly by passenger cars, medium & heavy commercial vehicle and OTR tires segment. Tire chemicals are of various types such as, natural rubber, synthetic rubber, accelerators, plasticizers, stearic acid, etc.  Increasing government interventions in these Asian countries is expected to positively affect market revenues for natural and synthetic rubber across the world in the coming years, thereby propelling global tire chemicals market during the forecast period. Thus, global tire chemicals market is projected to grow at a moderate pace through 2025.

 

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