HEXAMETHYL METHOXY MELAMINE (HMMM) MARKET ANALYSIS

Name: Hexamethyl Methoxy Melamine (HMMM) MarketChallenges and Opportunities
Creator: Coherent Market Insights
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Keywords: Hexamethyl Methoxy Melamine (HMMM) Market, Hexamethyl Methoxy Melamine (HMMM) Market Size, Hexamethyl Methoxy Melamine (HMMM) Market Outlook, HMMM Market

Hexamethyl Methoxy Melamine (HMMM) Market, by Application (Paints and Coatings, Plastics, Rubber Compounds, and Others) and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Sep 2024
Code : CMI2207
Formats :
Excel and PDF
Industry : Bulk Chemicals

Market Challenges And Opportunities

Market Dynamics

A major driver for growth of the global hexamethyl methoxy melamine market is growing construction industry. For instance, in 2015, global construction perspectives and oxford economics together stated that the global construction market is set to grow by US$ 8 trillion by 2030, reaching a total size of US$ 17.5 trillion and growing by an average annual rate of 3.9% by 2030.
However, toxicity arising due to consumption and disposal of hexamethyl methoxy melamine may hamper growth of the global hexamethyl methoxy melamine market. For instance, according to a study published by the National Center for Biotechnology Information in May 2015, presence of HMMM was found in 60 of 117 water samples from three river systems, with concentrations ranging between 10 and 880 ng/L.