Melamine formaldehyde is a synthetic resin obtained by condensation of two monomers, melamine and formaldehyde. Melamine formaldehyde is a durable, hard, and versatile thermosetting amino, last with good heat and fire resistance. It is also a chemically resistant resin that is employed in particleboard and plywood adhesives, laminated table-tops, and countertops, automotive surface coatings, and dishwasher-safe tableware.
Market Dynamics
Melamine formaldehyde has extensive use in a variety of products, prized for its ease of production and toughness. Therefore, the majority of melamine formaldehyde resins are customized to cater to the requirements of certain applications. Electrical resistance, mechanical qualities, and thermal stability are decided by the curing behaviour as well as the level of cross-linking of the formaldehyde and melamine.
Growing demand for melamine formaldehyde from the automotive industry is expected to offer potential market opportunities over the forecast period. They are used in the manufacturing of the lightweight polyurethane foams for automobile door insulation, decorative laminates of car interiors, and vulcanized rubber tires. Thus, such emerging applications of the melamine formaldehyde from the automotive industry is augmenting the market growth over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global melamine formaldehyde market and provides market size (US$ Billion & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (COVID-19) pandemic on global melamine formaldehyde market
- It profiles key players in the global melamine formaldehyde market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study BASF SE, Chang Chun Plastics Co. Ltd., Georgia Pacific Chemical LLC, Chemiplastica SPA, MPC Ferrostaal GmbH, Chemisol Italia Srl, Mitsui Chemicals Inc., INEOS Group Holdings SA, Nissan Chemical Industries Ltd., Borealis Agrolinz Melamine GmbH, Momentive Specialty Chemicals, Inc., Panasonic Corporation, and OCI Nitrogen BV, Allnex Belgium SA, Eurotecnica, Chimica Pomponesco SPA, Qatar Melamine Company, Hexza Corporation Board
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global melamine formaldehyde market report caters to various stakeholders in this industry including investors, suppliers, global soy and milk protein ingredients manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global melamine formaldehyde market
Detailed Segmentation:
- Global Melamine Formaldehyde Market, By Application:
- Tableware
- Laminates
- Paints & Coatings
- Adhesives
- Sanitary Ware
- Electrical & House
- Others
- Global Melamine Formaldehyde Market, By Region:
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- BASF SE
- Chang Chun Plastics Co. Ltd.
- Georgia Pacific Chemicals LLC
- Chemiplastica SpA
- MPC Ferrostaal GmbH
- Chemisol Italia Srl
- Mitsui ChemicalsInc
- INEOS Group Holdings SA
- Nissan Chemical Industries Ltd.
- Borealis Agrolinz Melamine GmbH
- Momentive Specialty Chemicals, Inc.
- Panasonic Corporation
- OCI Nitrogen BV
- Allnex Belgium SA,
- Eurotecnica,
- Chimica Pomponesco SPA,
- Qatar Melamine Company,
- Hexza Corporation Board,
