Melamine Market Set for Rapid Growth and Trend, by 2027

1. Melamine Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

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3. Global Melamine Market: Key Highlights The global demand for melamine is likely to reach cross US$ 2.8 Bn by 2027 with a CAGR of more than 4% 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

4. 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 employed in construction applications. • Laminates application segment accounted for more than 50% share in global melamine market 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-density fiberboard (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, and other interior component assemblies in the automotive industry.  

5. 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 total production cost and affecting the overall melamine market 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

6. Global Melamine Market: Competition Landscape OCI N.V., Borealis AG BASF SE GrupaAzotyZakladyAzotowePulawy S.A. (ZAP) Methanol Holdings (Trinidad) Limited (MHTL) Qatar Melamine Company (QMC) Cornerstone Chemical Company ©2019 Transparency Market Research, All Rights Reserved

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