According to Stratistics MRC, the Global Melamine Market is accounted for $1,541.87 million in 2019 and is expected to reach $2,551.78 million by 2027 growing at a CAGR of 6.5% during the forecast period. The strong demand from the construction industry is the major factor propelling market growth. However, growing customer concerns about formaldehyde discharge from melamine-based molding composites is hampering the market growth.
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By geography, the Asia Pacific is estimated to have a lucrative growth due to the huge concentration of laminates & adhesives. China is the leading market in this region and is likely to influence the market due to increasing infrastructure growth and favorable regulations supporting industrial development.
Some of the key players profiled in the Melamine Market include OCI N.V., BASF SE, Borealis AG, Cornerstone Chemical Company, Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP), Methanol Holdings (Trinidad) Limited (MHTL), Qatar Melamine Company (QMC), Xinji Jiuyuan Chemical Co. Ltd., Haohua Junhua Group Co. Ltd, Mitsui Chemicals, Inc., Nissan Chemical Industries, Ltd, Sichuan Golden Elephant Chemical Co. Ltd, INEOS Group Holdings SA, Zaklady Azotowe Pulawy, and Shandong Liaocheng.
Forms Covered:
• Melamine Foams
• Melamine Resin
Types Covered:
• Particle Size: 99% < 40 Microns
• Particle Size: 99% < 60 Microns
• Particle Size: 99% < 180 Microns
• Particle Size: 99% < 350 Microns
Applications Covered:
• Molding Compounds
• Paints and Coatings
• Wood Adhesives & Sealants
• Laminates
• Surface Coatings
• Other Applications
End Users Covered:
• Building & Construction
• Chemical
• Automotive
• Textile
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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