The global demand for Melamine Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020 - 2027.
Melamine refers to an organic nitrogen-rich mixture. It consists of 67% nitrogen by mass, and its derivatives possess fire retardant properties due to its discharge of nitrogen gas when charred or burned. It is used to produce cooking plates, utensils, plastic products, etc. Melamine resin is highly durable, has antibacterial, and easy to clean. It is heat resistant, almost unbreakable, thus making melamine products more enviable than other plastic-made housewares. Melamine is considered the best quality food-safe plastic available in the market. The industrial use of melamine includes the production of laminates, dinnerware, glues, adhesives, coatings, molding compounds, and flame retardants.
The rising demand for melamine from the expanding global construction industry and rising use in various automotive applications is the primary factor driving the Melamine market. Also, The increasing importance of lightweight vehicles with lower emissions and high fuel efficiency contributes to the Melamine market's growth. The growing urbanization, rise in disposable income, and standard of living are positively impacting the Melamine market's growth. Moreover, the ever-increasing adoption of melamine in the production of adhesives and increasing melamine usage in carbon nanotubes and high resistance concrete is likely to generate profitable growth opportunities for key players of the Melamine market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of melamine.
This section of the melamine market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
- Adhesives & sealants
- Molding Powder
- Paints & Coatings.
- Flame retardants
- Textile resins
- Concrete plasticizers
This section covers regional segmentation which accentuates on current and future demand for Melamine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Melamine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the melamine market include Sichuan Golden Elephant Chemical Co, BASF SE, Qatar Melamine Co, OCI Melamine., Shandong Liaocheng Luxi Chemical Co, Sichuan Chemical Holdings Co. Ltd., Mitsui Chemicals Inc, Cornerstone Chemical Company, Mitsui Chemicals Inc, Shanxi Fenghe Melamine Co, and Henan Zhongyuan Dahua Group Co LtdS. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.