Melamine Market Information: By Forms (Melamine Resin, Melamine Foams), Application (Laminates, Wood Adhesives, Surface Coatings, and Thermoset Plastics), End-Use Industry (Construction, Chemical, Textile, Automotive) and Region Forecast Till 2030

Melamine Market Analysis

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 Analysis

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. 

Competitive Landscape

The major global companies playing a key role in the melamine market are :

• 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.)


• Borealis AG (Austria)

Market Dynamics

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:

• To provide a complete overview of the melamine market.


• To analyze and forecast the melamine market in terms of value and volume.


• To provide information about the impact of covid 19 on the melamine market.


• To identify the problems and prospects of the melamine market


• To give details about the technological know-how of the product.


• To provide information about the regional market and potentially growing segments.


• To identify the key players of the melamine industry.

Segment Analysis

Segmentation of the global melamine market, by form

• Melamine foam


• Melamine resin


• Others

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


• Adhesives


• Molding Powder


• Paints & Coating


• Others

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

• Construction


• Chemicals


• Textiles


• Automotive


• Others

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. 

Regional Analysis

The different regional markets for the global melamine market are:

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  

• South America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  
  

• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  

• Asia-Pacific
  
  
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  

• Rest of the world ( RoW )
  
  
  
  • The Middle East
  
  
  •  
  
  
  
  

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 :

• Manufacturers of melamine materials.


• Research and Development Institutes.


• Traders and Suppliers


• Potential Investors


• End-user Industries

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.