Global Melamine Market, By Form (Melamine Resin, Melamine Foam, Others), Application (Laminates, Wood Adhesives, Molding Compounds, Thermoset Plastics, Surface Coating, Paints, Others), End-User Industry (Construction, Chemical Industry, Textile Industry, Automotive Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Melamine market will grow at a rate of 3.49% for the forecast period of 2021 to 2028. Rise in the levels of growth associated with the construction industry acts as a vital factor driving the growth of melamine market.
Melamine is defined as a type of chemical compound that finds its application in a number of industrial and consumer goods & services. These organic compounds are utilized in the production of various laminates, dinnerware, coatings, flame retardants, adhesives and various others. It is characterized as having a white crystalline form.
Rise in the levels of demand from the automotive industry is the vital factor escalating the market growth, also rise in the growth of demand from wood adhesives and laminates application and increase in the levels of disposable income and changes in preferences and lifestyles of consumers are the major factors among others driving the melamine market. Moreover, rise in the research and development activities and increase in the demand from emerging economies will further create new opportunities for the melamine market in the forecast period of 2021- 2028.
However, rise in the concern amongst users regarding the emissions of melamine in moulding applications and rise in the presence of various substitute compounds and materials for different applications of melamine is the major factor among others acting as a restraint, and will further challenge the growth of melamine market in the forecast period mentioned above.
This melamine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on melamine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Melamine Market Scope and Market Size
Melamine market is segmented on the basis of form, application and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on form, the melamine market is segmented into melamine resin, melamine foam and others.
- Based on application, the melamine market is segmented into laminates, wood adhesives, molding compounds, thermoset plastics, surface coating, paints, others.
- The melamine market is also segmented on the basis of end-user industry into construction, chemical industry, textile industry, automotive industry and others
Melamine Market Country Level Analysis
Melamine market is analysed and market size, volume information is provided by form, application and end-user industry as referenced above.
The countries covered in the melamine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the melamine market due to rise in the growth of demand from wood adhesives and laminates application and increase in the levels of disposable income and changes in preferences in this region.
The country section of the melamine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Melamine Market Share Analysis
Melamine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to melamine market.
The major players covered in the melamine market report are China Haohua Chemical Group Co.,Ltd; OCI Nitrogen; BASF SE; Cornerstone; Qatar Melamine Company; Golden elephant chemical; Mitsui Chemicals, Inc.; Nissan Chemical Corporation; Methanol Holdings (Trinidad) Limited; Borealis AG; ECEC; Grupa Azoty.; Prefere Resins Holding GmbH; GSFC Ltd; Hexion and Xinji JiuYuan chemical industry Co., Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.