70 likes | 80 Views
Melamine Market Set for Rapid Growth and Trend, by 2027<br>
E N D
©2019 Transparency Market Research, All Rights Reserved Melamine Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision-makers. Wehavean experienced team of Analysts, Researchers, and Consultants, who useproprietary data sources and various tools and techniques to gather and analyzeinformation. Our business offerings representthelatest and themostreliableinformationindispensableforbusinessestosustaina competitiveedge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. Thesereports providein-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reportsstriveto serveclients and satisfytheir overallresearchrequirement.
©2019 Transparency Market Research, All Rights Reserved Global Melamine Market: Key Highlights • The global demand for melamine is likely to reach cross US$ 2.8 Bn by 2027 with a CAGRof more than4%from 2019-2027. • Demand for melamine is largely attributed to strong growth in the global construction industry and rising demand for lightweight and low-emission automotives. • Melamine readily reacts with formaldehyde to produce melamine-formaldehyde (MF) resins. Several other types of melamine resins include melamine-urea- formaldehyde (MUF), hexamethoxymethyl, etherified melamine, and melamine pyrophosphate. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Global Melamine Market: Laminates to Lead Melamine Market • MF resins are widely employed in the manufacture of laminated wooden panels. These resins exhibit strong resistance to heat, stain, abrasion, and chemical reaction; thus, these are extensively employedinconstructionapplications. • Laminates application segment than50% share inglobalmelaminemarket in 2018. • The segment is followed by adhesives & sealants owing to high demand of melamine based wood based adhesives found in various wood products such as particleboard, plywood and medium-densityfiberboard(MDF). • These adhesives are known for its durability and moisture resistance. • Melamine-based adhesives are largely used in hotline fixing of car seats, panel laminations, headlamps, componentassemblies inthe automotiveindustry. accounted for more and other interior
©2019 Transparency Market Research, All Rights Reserved Global Melamine Market: Key Challenges Faced by Industry • Urea is the key feedstock used in the manufacture of melamine. Of late, the prices of urea have been subject to a high degree of volatility owing to wide fluctuations in the short term supply and demand. • The supply side fluctuation is ascribed to unstable oil & gas prices, which affect the totalproduction costand affecting the overall melaminemarket growth. • Increasing public awareness and rising demand for non-hazardous products are some of the key factors hampering the melamine market for molding compounds application. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Global Melamine Market: Competition Landscape • • • • • • OCI N.V., Borealis AG BASF SE Grupa AzotyZaklady AzotowePulawy S.A. (ZAP) Methanol Holdings (Trinidad) Limited (MHTL) Qatar Melamine Company (QMC) Cornerstone Chemical Company ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY –12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U