Melamine Powder Market, by Product Type (Kitchen Tools and Dinnerware Set & Crockery), by Application (Wood Adhesives, Molding Compounds, Laminates, Coatings, and Flame Retardants), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
On the basis of application, laminate segment held significant growth in the global melamine powder market in 2017, and is expected to increase growth during the forecast period, owing to high demand and various applications of melamine powder in laminate. Melamine powder provides high mechanical strength, heat resistance, and electrical insulating properties that are prerequisite for manufacturing standard quality laminate.
Asia Pacific held significant growth in the global melamine powder market in 2017, and is expected to increase growth during the forecast period. This is majorly due to the growing demand for the melamine for manufacturing dinnerware, which is mostly used in cafeterias, restaurants and other institutes such as hospitals and schools. Its chemical, electrical and thermal resistance, high UV stability, and resistance to water and weather, makes it suitable for the dinnerware. These are the major factors, driving the market growth in the region.