ID: MRFR/CnM/0547-HCR | August 2022 | Region: Global | 137 Pages
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw material suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-commerce
4.1.4 End users
4.2 Porterβs Five Forces Analysis
4.2.1 Threat of new entrants
4.2.2 Bargaining power of buyers
4.2.3 Bargaining power of suppliers
4.2.4 Threat of substitutes
4.2.5 Intensity of competitive rivalry
5 Market Dynamics of Global Melamine Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Technology
6. Global Melamine Market by Product Type
6.1 Introduction
6.2 Melamine resin
6.2.1 Market Estimates & Forecast, 2020-2027
6.2.2 Market Estimates & Forecast by Region, 2020-2027
6.3 Melamine foams
6.3.1 Market Estimates & Forecast, 2020-2027
6.3.2 Market Estimates & Forecast by Region, 2020-2027
7. Global Melamine Market, by Application
7.1 Introduction
7.2 Laminates
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 Wood adhesive
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 Surface Coating
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
7.5 Thermoset plastics
7.5.1 Market Estimates & Forecast, 2020-2027
7.5.2 Market Estimates & Forecast by Region, 2020-2027
7.6 Others
7.6.1 Market Estimates & Forecast, 2020-2027
7.6.2 Market Estimates & Forecast by Region, 2020-2027
8. Global Melamine Market, by End-user industry
8.1 Introduction
8.2 Construction
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Chemical
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
8.4 Textile
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast by Region, 2020-2027
8.5 Automotive
8.5.1 Market Estimates & Forecast, 2020-2027
8.5.2 Market Estimates & Forecast by Region, 2020-2027
8.6 Others
8.6.1 Market Estimates & Forecast, 2020-2027
8.6.2 Market Estimates & Forecast by Region, 2020-2027
9. Global Melamine Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Product Type, 2020-2027
9.2.3 Market Estimates & Forecast by Application, 2020-2027
9.2.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.2.5 U.S.
9.2.5.1 Market Estimates & Forecast, 2020-2027
9.2.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.2.5.3 Market Estimates & Forecast by Application, 2020-2027
9.2.5.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast, 2020-2027
9.2.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.2.6.3 Market Estimates & Forecast by Application, 2020-2027
9.2.6.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3 Europe
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.3 Market Estimates & Forecast by Application, 2020-2027
9.3.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.5 Germany
9.3.5.1 Market Estimates & Forecast, 2020-2027
9.3.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.5.3 Market Estimates & Forecast by Application, 2020-2027
9.3.5.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.6. France
9.3.6.1 Market Estimates & Forecast, 2020-2027
9.3.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.6.3 Market Estimates & Forecast by Application, 2020-2027
9.3.6.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.7 Italy
9.3.7.1 Market Estimates & Forecast, 2020-2027
9.3.7.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.7.3 Market Estimates & Forecast by Application, 2020-2027
9.3.7.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.8 Spain
9.3.8.1 Market Estimates & Forecast, 2020-2027
9.3.8.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.8.3 Market Estimates & Forecast by Application, 2020-2027
9.3.8.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.9 U.K
9.3.9.1 Market Estimates & Forecast, 2020-2027
9.3.9.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.9.3 Market Estimates & Forecast by Application, 2020-2027
9.3.9.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.9 Russia
9.3.9.1 Market Estimates & Forecast, 2020-2027
9.3.9.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.9.3 Market Estimates & Forecast by Application, 2020-2027
9.3.9.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.3.10 Poland
9.3.10.1 Market Estimates & Forecast, 2020-2027
9.3.10.2 Market Estimates & Forecast by Product Type, 2020-2027
9.3.10.3 Market Estimates & Forecast by Application, 2020-2027
9.3.10.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4 Asia Pacific
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.3 Market Estimates & Forecast by Application, 2020-2027
9.4.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.5 China
9.4.5.1 Market Estimates & Forecast, 2020-2027
9.4.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.5.3 Market Estimates & Forecast by Application, 2020-2027
9.4.5.3 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.6 India
9.4.6.1 Market Estimates & Forecast, 2020-2027
9.4.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.6.3 Market Estimates & Forecast by Application, 2020-2027
9.4.6.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.7 Japan
9.4.7.1 Market Estimates & Forecast, 2020-2027
9.4.7.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.7.3 Market Estimates & Forecast by Application, 2020-2027
9.4.7.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.8 Australia
9.4.8.1 Market Estimates & Forecast, 2020-2027
9.4.8.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.8.3 Market Estimates & Forecast by Application, 2020-2027
9.4.8.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.9 New Zealand
9.4.9.1 Market Estimates & Forecast, 2020-2027
9.4.9.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.9.3 Market Estimates & Forecast by Application, 2020-2027
9.4.9.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.4.10 Rest of Asia Pacific
9.4.10.1 Market Estimates & Forecast, 2020-2027
9.4.10.2 Market Estimates & Forecast by Product Type, 2020-2027
9.4.10.3 Market Estimates & Forecast by Application, 2020-2027
9.4.10.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.3 Market Estimates & Forecast by Application, 2020-2027
9.5.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5.5 Turkey
9.5.5.1 Market Estimates & Forecast, 2020-2027
9.5.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.5.3 Market Estimates & Forecast by Application, 2020-2027
9.5.5.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5.6 Israel
9.5.6.1 Market Estimates & Forecast, 2020-2027
9.5.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.6.3 Market Estimates & Forecast by Application, 2020-2027
9.5.6.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5.7 North Africa
9.5.7.1 Market Estimates & Forecast, 2020-2027
9.5.7.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.7.3 Market Estimates & Forecast by Application, 2020-2027
9.5.7.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5.8 GCC
9.5.8.1 Market Estimates & Forecast, 2020-2027
9.5.8.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.8.3 Market Estimates & Forecast by Application, 2020-2027
9.5.8.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.5.9 Rest of Middle East & Africa
9.5.9.1 Market Estimates & Forecast, 2020-2027
9.5.9.2 Market Estimates & Forecast by Product Type, 2020-2027
9.5.9.3 Market Estimates & Forecast by Application, 2020-2027
9.5.9.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.6 Latin America
9.6.1 Market Estimates & Forecast, 2020-2027
9.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.6.3 Market Estimates & Forecast by Application, 2020-2027
9.6.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.6.5 Brazil
9.6.5.1 Market Estimates & Forecast, 2020-2027
9.6.5.2 Market Estimates & Forecast by Product Type, 2020-2027
9.6.5.3 Market Estimates & Forecast by Application, 2020-2027
9.6.5.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.6.6 Mexico
9.6.6.1 Market Estimates & Forecast, 2020-2027
9.6.6.2 Market Estimates & Forecast by Product Type, 2020-2027
9.6.6.3 Market Estimates & Forecast by Application, 2020-2027
9.6.6.6 Market Estimates & Forecast by End-use Industry, 2020-2027
9.6.7 Argentina
9.6.7.1 Market Estimates & Forecast, 2020-2027
9.6.7.2 Market Estimates & Forecast by Product Type, 2020-2027
9.6.7.3 Market Estimates & Forecast by Application, 2020-2027
9.6.7.4 Market Estimates & Forecast by End-use Industry, 2020-2027
9.6.8 Rest of Latin America
9.6.8.1 Market Estimates & Forecast, 2020-2027
9.6.8.2 Market Estimates & Forecast by Product Type, 2020-2027
9.6.8.3 Market Estimates & Forecast by Application, 2020-2027
9.6.8.4 Market Estimates & Forecast by End-use Industry, 2020-2027
10. Company Landscape
10.1 Introduction
10.2 Market Strategy
10.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
11. Company Profiles
11.1 Haohua Junhua Group Co., Ltd.
11.1.1 Company Overview
11.1.2 Financial Updates
11.1.3 Product/Business Segment Overview
11.1.4 Strategy
11.1.5 Key Developments
11.1.6 SWOT Analysis
11.2 OCI Nitrogen
11.2.1 Company Overview
11.2.2 Financial Updates
11.2.3 Product/Business Segment Overview
11.2.4 Strategy
11.2.5 Key Developments
11.2.6 SWOT Analysis
11.3 BASF SE
11.3.1 Company Overview
11.3.2 Financial Updates
11.3.3 Product/Business Segment Overview
11.3.4 Strategy
11.3.5 Key Developments
11.3.6 SWOT Analysis
11.4 Cornerstone Chemical Company
11.4.1 Company Overview
11.4.2 Financial Updates
11.4.3 Product/Business Segment Overview
11.4.4 Strategy
11.4.5 Key Developments
11.4.6 SWOT Analysis
11.5 Qatar Melamine Company
11.5.1 Company Overview
11.5.2 Financial Updates
11.5.3 Product/Business Segment Overview
11.5.4 Strategy
11.5.5 Key Developments
11.5.6 SWOT Analysis
11.6 Sichuan Golden Elephant Chemical
11.6.1 Company Overview
11.6.2 Financial Updates
11.6.3 Product/Business Segment Overview
11.6.4 Strategy
11.6.5 Key Developments
11.6.6 SWOT Analysis
11.7 Mitsui Chemicals, Inc.
11.7.1 Company Overview
11.7.2 Financial Updates
11.7.3 Product/Business Segment Overview
11.7.4 Strategy
11.7.5 Key Developments
11.7.6 SWOT Analysis
11.8 NISSAN CHEMICAL INDUSTRIES. LTD.
11.8.1 Company Overview
11.8.2 Financial Updates
11.8.3 Product/Business Segment Overview
11.8.4 Strategy
11.8.5 Key Developments
11.8.6 SWOT Analysis
11.9 Methanol Holdings (Trinidad) Limited
11.9.1 Company Overview
11.9.2 Financial Updates
11.9.3 Product/Business Segment Overview
11.9.4 Strategy
11.9.5 Key Developments
11.9.6 SWOT Analysis
11.10 Borealis AG.
11.10.1 Company Overview
11.10.2 Financial Updates
11.10.3 Product/Business Segment Overview
11.10.4 Strategy
11.10.5 Key Developments
11.10.6 SWOT Analysis
12. Conclusion
LIST OF TABLES
Table 1 Global Melamine market: By Region, 2020-2027
Table 2 North America Melamine market: By Country, 2020-2027
Table 3 Europe Melamine market: By Country, 2020-2027
Table 4 Asia-Pacific Melamine market: By Country, 2020-2027
Table 5 Middle East & Africa Melamine market: By Country, 2020-2027
Table 6 Latin America Melamine market: By Country, 2020-2027
Table 7 Global Melamine Product Type Market: By Regions, 2020-2027
Table 8 North America Melamine Product Type Market: By Country, 2020-2027
Table 9 Europe Melamine Product Type Market: By Country, 2020-2027
Table10 Asia-Pacific Melamine Product Type Market: By Country, 2020-2027
Table11 Middle East & Africa Melamine Product Type Market: By Country, 2020-2027
Table12 Latin America Melamine Product Type Market: By Country, 2020-2027
Table13 Global Melamine Application Market: By Regions, 2020-2027
Table14 North America Melamine by Application Market: By Country, 2020-2027
Table15 Europe Melamine Application Market: By Country, 2020-2027
Table16 Asia-Pacific Melamine Application Market: By Country, 2020-2027
Table17 Middle East & Africa Melamine Application Market: By Country, 2020-2027
Table18 Latin America Melamine Application Market: By Country, 2020-2027
Table19 Global Melamine End-use Industry Market: By Regions, 2020-2027
Table20 North America Melamine End-use Industry Market: By Country, 2020-2027
Table21 Europe Melamine End-use Industry Market: By Country, 2020-2027
Table22 Asia-Pacific Melamine End-use Industry Market: By Country, 2020-2027
Table23 Middle East & Africa Melamine End-use Industry Market: By Country, 2020-2027
Table24 Latin America Melamine End-use Industry Market: By Country, 2020-2027
Table25 Global Product Type Market: By Region, 2020-2027
Table26 Global Application Market: By Region, 2020-2027
Table27 Global End-use Industry Market: By Region, 2020-2027
Table28 North America Melamine market, By Country
Table29 North America Melamine market, By Product Type
Table30 North America Melamine market, By Application
Table31 North America Melamine market, By End-use Industry
Table32 Europe: Melamine market, By Country
Table33 Europe: Melamine market, By Product Type
Table34 Europe: Melamine market, By Application
Table35 Europe: Melamine market, By End-use Industry
Table36 Asia-Pacific: Melamine market, By Country
Table37 Asia-Pacific: Melamine market, By Product Type
Table38 Asia-Pacific: Melamine market, By Application
Table39 Asia-Pacific: Melamine market, By End-use Industry
Table40 Middle East & Africa: Melamine market, By Country
Table41 Middle East & Africa Melamine market, By Product Type
Table42 Middle East & Africa Melamine market, By Application
Table43 Middle East & Africa: Melamine market, By End-use Industry
Table44 Latin America: Melamine market, By Country
Table45 Latin America Melamine market, By Product Type
Table46 Latin America Melamine market, By Application
Table47 Latin America: Melamine market, By End-use Industry
LIST OF FIGURES
FIGURE 1 Global Melamine market segmentation
FIGURE 2 Forecast Printing methodology
FIGURE 3 Five Forces Analysis of Global Melamine market
FIGURE 4 Value Chain of Global Melamine market
FIGURE 5 Share of Global Melamine market in 2020, by country (in %)
FIGURE 6 Global Melamine market, 2020-2027,
FIGURE 7 Global Melamine market size by Product Type, 2020
FIGURE 8 Share of Global Melamine market by Product Type, 2020 to 2027
FIGURE 9 Global Melamine market size by Application, 2020
FIGURE 10 Share of Global Melamine market by Application, 2020 to 2027
FIGURE 11 Global Melamine market size by End-use Industry, 2020
FIGURE 12 Share of Global Melamine market by End-use Industry, 2020 to 2027
$11.57 billion
5.1 %
North America
2021 - 2028
The Melamine market is a rapidly expanding market that was valued at USD 7.83 billion in 2020. The demand for melamine goods is rising owing to its better mechanical properties and high-end finish. Melamine resin is used for manufacturing cookware, building materials, furniture lamination, fertilizers, etc.
Melamine materials are abrasion resistant, heat resistant, lightweight, and durable. Therefore, the demand is rising in various end-user industries. It is frequently used as an overlay in wooden furniture for enabling water resistance, termite resistance, and better designing options. The global melamine market is expected to grow at a Compound Annual Growth Rate ( CAGR ) of 5.1 % over the forecast period.
Rapid Urbanisation and infrastructure development are generating huge demand for melamine goods. Moreover, with the rise in disposable income of people, the demand for high-end building materials and goods is also rising. The melamine market value is expected to be worth USD 11.57 billion by the end of the current forecast period in 2028.
Covid 19 had a significant impact on the global melamine market. The demand for melamine fell significantly over the acute pandemic period owing to the closure of various end-user industries. The building and construction industry was affected badly which is the major demand generator for melamine. Halt in automobile production, decreased sales of furniture, etc. made a negative impact on the global melamine market.
The major global companies playing a key role in the melamine market are :
Drivers
The rising demand from major end-user industries such as building and construction, furniture, automotive, etc. owing to the favorable properties of melamine is driving the market growth. Melamine lamination offers several advantages such as scratch resistance, smooth finish, waterproofing to wooden materials. Moreover, melamine construction materials are durable, heat resistant, and offer a scope of coloration and design.
There is also a rise in demand for melamine fibers and melamine foam in different industries. Melamine fibers are high-strength fibers having heat-resistant properties. These fibers are used for making fire-resistant fabrics. Moreover, melamine objects have fire retarding properties as they release nitrogen gas during breakdown. Melamine foam is used for building insulation, soundproofing, and cleaning sponges.
Restraints
Hazardous health effects of melamine emissions during the manufacturing and construction process are the major hindrance for the melamine market. Though Melamine coated dishwares are deemed safe by FDA there were several cases of melamine contamination in food during the past. Melamine contamination leads to damage in the urinary system, therefore it needs to pass through careful tests.
The other major restraint for melamine is its thermosetting behavior. It gets fixed to a shape once molded hence offering limited scope for recycling and reformation.
Technology Analysis
Melamine is a nitrogen-rich Organic compound having formula C3H6N6. It is combined with formaldehyde and other compounds to form resins that are used for manufacturing durable thermosetting plastics. Moreover, it has a wide variety of uses such as fertilizers, flame retardants, and construction materials.
Melamine resins are strong and durable polymers that can be pigmented and molded into different shapes, thus it has various industrial applications. It is used as a laminating agent or coating materials for wood, paper, and textiles or to be molded into dishes and utensils. Melamine objects offer benefits like lightweights, heat resistance, and scratch resistance.
Study Objectives
The specific objectives of this Market report on the melamine market are given below:
Segmentation of the global melamine market, by form
Melamine resin dominates the by form segment owing to its wide application. Melamine resin finds its use in kitchenware, laminates, particle boards, floor tiles, etc. Melamine coatings are highly durable, scratch-resistant, and give a clear finish.
Segmentation of the global melamine market, by Application
Laminates hold the largest market share of the global melamine market. Melamine laminates are primarily used as an overlay for building materials such as plywood or MDF. They impart water, heat, abrasion, and scratch resistance to construction materials. These materials occupy the largest market share owing to their cost-effectiveness and favorable properties like low maintenance and wide design options.
Segmentation of the global melamine market, by End-Use industry
The construction sector is the largest end-user industry in the global melamine market. This dominance is due to the wide use of melamine in the construction industry. It finds its use in furniture, flooring, design boards, etc. Suitable properties of it such as water-resistant, scratch resistance are the driving factors.
The different regional markets for the global melamine market are:
The Asia Pacific is the largest regional market for melamine. Rapid Urbanisation and industrial development in this region are the driving factors behind the growth of the melamine market. Moreover, with the rise in disposable income of people, the demand for high-end goods has risen which is upscaling the market demand for melamine. China is the largest manufacturer and consumer of melamine goods. Furthermore, government emphasis on infrastructure development is creating a favorable environment for the growth of the market in this region.
Europe holds the second largest market share of the global melamine market. The construction industry and automotive industry are the major end-users of melamine in this region. There is a significant demand for high-end construction materials and furniture having melamine finish in this region owing to the high disposable income of people.
The North American segment also accounts for a significant market share of the global melamine market. Rapid infrastructure development and demand for high-end consumer goods are the major demand-generating factors for melamine in this region. The Middle East market is expected to show exceptional growth owing to high demand from the construction industry. The Latin America and African segments will show moderate growth over the forecast period.
Recent Developments
Intended Audience
This report will be beneficial for every stakeholder of the melamine market such as :
Report Overview
This report provides an in-depth analysis of the melamine market in terms of current value and future forecast. It has detailed information about the problems and prospects of the given market. Moreover, technological analysis of the product will greatly help in knowing the product better and in decision making.
This report contains a detailed analysis of every segment of the g
Melamine market for the current forecast period. This report has also highlighted the key players and the current developments in the melamine market.
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant value |
CAGR | 2022-2030: Substantial CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019-2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Forms, Application, End-Use Industry and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Haohua Junhua Group Co, Ltd.(China), OCI Nitrogen (Netherlands), BASF SE (Germany), Cornerstone Chemical Company (U.S.), Qatar Melamine Company (Qatar), Sichuan Golden Elephant Chemical (China), Mitsui Chemicals, Inc. (Japan), NISSAN CHEMICAL INDUSTRIES. LTD. (Japan), Methanol Holdings (Trinidad) Limited (U.S.), and Borealis AG (Austria). |
Key Market Opportunities | Laminates find a wide application in housing, construction, and electrical applications. |
Key Market Drivers | Thermoset plastics application of melamine is one of the major drivers of the global melamine market. |
Frequently Asked Questions (FAQ) :
The rising demand from major end-user industries such as building and construction, furniture, automotive owing to the favorable properties of melamine is driving the growth of the melamine market.
The Asia Pacific is the largest regional market for melamine. Rapid Urbanisation and industrial development in this region are the driving factors behind the growth of the melamine market.
Laminates hold the largest market share of the global melamine market owing to better physical and mechanical properties such as waterproofing, heat resistance, durability, etc.
The major global companies playing a key role in the melamine market are : β Haohua Junhua Group Co, Ltd.(China) β OCI Nitrogen (Netherlands) β BASF SE (Germany) β Cornerstone Chemical Company (U.S.) β Qatar Melamine Company (Qatar) β Sichuan Golden Elephant Chemical (China) β Mitsui Chemicals, Inc. (Japan) β Nissan Chemical Industries. LTD. (Japan) β Methanol Holdings (Trinidad) Limited (U.S.) β Borealis AG (Austria)