Melamine Market

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Melamine MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Melamine MARKET 2020
Melamine Market 2020 Industry Survey, Growth,
CompetitiveLandscape and Forecasts to 2023
Melamine is used to form melamine formaldehyde
resin, which find many applications in our
commonly used household products such as
furniture, kitchen countertops storage,
bathroom cupboard, dinnerware, food storage
containers, cars, and banknotes. The global
melamine market is projected to witness steady
demand during the forecast period 2017-2023.
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Melamine MARKET 2020
Market Segmentation The global melamine
market is segmented by product type, application,
end-use industry, and region. On the basis of the
product type, the global melamine market is
segmented into melamine resin and melamine foams.
Melamine resin is leading the global melamine
market under product type in 2017 due to vast
applications in laminates, wood adhesives,
surface coatings, molded products, and flame
retardants among other and is expected to
continue dominating in the forecast period.
However, growing concerns regarding the emission
of formaldehyde from the various melamine
formaldehyde resin products are projected to
hamper market growth to some extent. On the basis
of the applications, the global melamine market
is segmented into laminates, wood adhesion,
surface coating, molded products, and flame
retardant among others. Laminates are dominating
the global melamine market in 2017 due to growing
construction and renovation industry, especially
in Asia Pacific, Europe, and the Middle East
Africa. On the basis of the end-user industry,
the global melamine market is categorized into
construction, chemical, textile, automotive, and
others. The construction industry is accounted to
have a major market share of melamine and is
expected to continue growing over the forecast
period due to rapid urbanization, rising
disposable income, and lifestyle changes.
However, automotive, chemical, and textile
industries are also expected to witness a steady
growth over the forecast period. Enquiry of the
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ry/1053
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Melamine MARKET 2020
Regional Analysis
The global melamine market is spanned across five
regions namely Asia Pacific, Europe, North
America, Latin America, and the Middle East
Africa. Asia Pacific is dominating the regional
landscape, followed by Europe and the Middle East
Africa. North American market is relatively
mature and is expected to grow at a slow pace.
Latin American market is expected to witness a
sluggish growth.
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Melamine MARKET 2020
Application Major Players in this Research
Melamine Market Prominent Players Some of the
key players operating in the global melamine
market are Haohua Junhua Group Co., Ltd., OCI
Nitrogen (Netherlands), BASF SE (Germany),
Cornerstone Chemical Company (U.S.), Qatar
Melamine Company (Qatar), Sichuan Golden Elephant
Chemical (China), Mitsui Chemicals, Inc. (Japan),
NISSAN CHEMICAL INDUSTRIES. LTD. (Japan),
Methanol Holdings (Trinidad) Limited (U.S.), and
Borealis AG (Austria).
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