Melamine is a white crystalline powder which is commonly used in the production of melamine-formaldehyde (MF) resins. Melamine-based resins are moisture-resistant and hard. Melamine is used in wide range of applications such as laminates, adhesives, molding compounds, surface coatings, paper treatments, textile resins, and flame-retardants. MF resins are widely used in the manufacturing of laminated wooden panels. These resins have properties such as strong resistance to heat, stain, abrasion, and chemical reaction. So, these are widely used in construction applications.
Melamine is classified according to applications as adhesives & sealants, laminates, molding compounds, paints & coatings and others (flame retardants, textile resins, concrete plasticizers, paper finish, etc.). Laminates segment has the largest market share owning to the growth of the construction industries. Adhesives and sealants are expected to show a significant growth during the forecast period due to the increase in demand of furniture industries.
The key drivers for the melamine market are the growth of the end user industries. Rapid urbanization, increase in disposable income and rise in standard of living in developing economies are key factors contributing to robust growth of the building and construction industry. The rising importance of lightweight vehicles with lower emissions and increased fuel efficiency is also fueling the melamine market. The key constraints of Melamine market are volatility in raw material prices, increasing consumer concern toward formaldehyde emission and availability of cheaper substitutes such as liquid wood and soy powder.
Asia-Pacific is the largest market for melamine and is expected to grow during the forecast period. The key players in the global melamine market are OCI N.V., Borealis AG, BASF SE, Methanol Holdings Limited, Qatar Melamine Company and Cornerstone Chemical Company.
Decision Databases is involved in providing research reports and company profiles in the global melamine market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The melamine market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our melamine profiles.
SEGMENTATIONS IN REPORT:
Melamine By Application
1. INTRODUCTION TO THE MELAMINE MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF MELAMINE
4. MELAMINE MARKET ANALYSIS BY APPLICATION
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