Global Melamine Formaldehyde Market Information- by Type (Methylated and Non-Methylated Formaldehyde), by End-Use (Automotive, Construction and Building, Electronics, Wood & Furniture, Packaging, Chemicals and Others) – Forecast till 2030

Melamine Formaldehyde Market Overview

The melamine formaldehyde market can acquire a 5.40% CAGR from during the forecast period reveals Market Research Future (MRFR).

Melamine formaldehyde or melamine resin is developed through the polymerization reaction of formaldehyde and melamine. It is the hardest polymer, since it is a thermosetting plastic with net-like structure having cross-linked polymers. Remoulding and melting is not possible, after too it has been subjected to chemical changes throughout the processing. The primary features include moisture resistance, hardness, weather protection, thermal resistance, and more.

Growth of key end-use sectors including building & construction, furniture, etc., paired with the heightened demand from developing nations like China, and Japan will enhance the melamine formaldehyde market size. Additionally, the worldwide market should benefit from the rising applications, technological developments, and the emerging demand in Asia Pacific. Some of the top end users of melamine formaldehyde are construction, packaging, labeling, transportation, woodworking, automotive and footwear. As these end use industries continue to rapidly grow, the demand for melamine formaldehyde will therefore continue to soar as well.

Having said that, stringent government rules along with the price fluctuations of the primary raw materials can deter business growth in the near future. But with melamine formaldehyde continuously replacing urea formaldehyde, the players will be presented with a series of growth opportunities in the future.

Asia Pacific is the top consumer in the melamine formaldehyde industry and can gain at the highest rate in the years to come. The presence of emerging countries like Japan, India and China, and the surging use of melamine-based coatings for enhancing the aesthetics as well as the durability of the wood bolster the market value.

The Global Melamine Formaldehyde Market Share by Application:

Regional Analysis:

The Global Melamine Formaldehyde Market is segmented into five regions of the world, Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for Melamine Formaldehyde polymers in automotive, construction and building, electronics, and others. The construction and buildings segment is predicted to witness a rapid growth in the market due to increasing consumption of formaldehyde resins in countries such as China, Japan and India. It is estimated that the automotive segment is set to witness a higher growth in the market during the forecast period, 2017-2023.

The North American region has observed a notable growth in the market due to growing demand of formaldehyde resins in end-use industries such as coatings, textiles, paper, plywood, and others. It is observed that the packaging segment is set to witness a higher CAGR in the market owing to rapid consumption of melamine resins in jar lids, board and beverage cans. Due to these factors, U.S., Canada and Mexico are the major players in this region.

Europe has observed a recognized progress in the market due to an increased use of melamine resins in construction and buildings, automotive, and other sectors. These resins are utilized in these sectors to manufacture low cost, efficient, high standard, and durable products. Owing to these factors, Germany has accounted for major share in the market followed by the U.K. and Italy. It is estimated that the growing industrialization coupled with advancing technology will drive the market during the forecast period.

The Latin American region is estimated to witness a recognized development in the market due to growing consumption of formaldehyde resins in automotive, construction & building, textiles, wood and furniture industries. Moreover, the Middle East & Africa is anticipated to witness a higher growth in the market due to high disposable income and growing investments in the heavy end industries.

Segmental Analysis:

The Global Melamine Formaldehyde Market is segregated into the type and end-use. The methylated and non-methylated formaldehydes are segmented on the basis of type. Among these, the methylated formaldehyde segment is accounted for a major share of the market due to its growing use in coatings, textiles and other industries. On the basis of end-use, the market is further categorized into automotive, construction and building, electronics, wood & furniture, packaging, chemicals, and others. Among these, the construction and building segment holds a major share in the market owing to growing use of polymer materials in flame retardant materials, flooring, dry base boards, and others. The investors in the automotive industry are encouraging the manufacturers to use melamine resins as a substitute for heavy materials due to its ecofriendly, corrosion resistant and durability. Therefore, the segment is predicted to witness a rapid growth in the market owing to growing use of lighter weight materials. The packaging segment is fueled by the extensive use of Melamine Formaldehyde in dinnerware, chopsticks, dairy product containers, and others. Moreover, the electronics, wood furniture and chemical segments in the market have been driven by the exceptional features offered by the product such as abrasion resistance, low density materials, high standard, among others.

Key Players:

Some of the prominent players operating in the Global Melamine Formaldehyde Market are BASF SE (Germany), Huntsman International LLC (the U.S.), Hexion (the U.S.), Mitsui Chemicals, Inc (Japan), Allnex group (Germany.), INEOS Melamines (the U.K.), Chemiplastica SPA (Italy), Hexza Corporation Berhad (Malaysia), Chemisol Italia s.r.l. (Italy) and Borealis Agrolinz Melamine GmbH (Austria) among others.

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Recent Development

March 2022

Scientists have come up with a cost-effective and facile strategy for repurposing polymeric foam in numerous sunlight-powered use-cases. The technique proposed by the group involves submerging and then stirring this foam within a pyrrole-containing solution for some time (a few hours). The team has made use of polymelamine formaldehyde, which is a plastic foam generally utilized in packaging and also acts as a cleaning abrasive.

Intended Audience

• Melamine Formaldehyde Manufacturers


• Traders and Distributors of Melamine Formaldehyde


• Production Process Industries


• Potential Investors


• Raw Material Suppliers


• Nationalized Laboratory 

Report Scope:

Report Attribute/Metric	Details
Market Size	2030: Significant value
CAGR	2022-2030: 5.40% CAGR
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Type, End-Use Industry and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	BASF SE (Germany), Huntsman International LLC (the U.S.), Hexion (the U.S.), Mitsui Chemicals, Inc (Japan), Allnex group (Germany.), INEOS Melamines (the U.K.), Chemiplastica SPA (Italy), Hexza Corporation Berhad (Malaysia), Chemisol Italia s.r.l. (Italy) and Borealis Agrolinz Melamine GmbH (Austria) among others.
Key Market Opportunities	Low fire susceptibility, and durable properties are important attributes
Key Market Drivers	Its growing use in coating, crosslinking, textile, nonwoven and papermaking applications.

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