Melamine Formaldehyde Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Melamine Formaldehyde Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • July 2020 •
  • 114 pages •
  • Report ID: 5949533 •
  • Format: PDF
The global melamine formaldehyde market grew at a CAGR of around 8% during 2014-2019.

Melamine formaldehyde refers to a white, odorless and tasteless thermosetting plastic that hardens and strengthens upon heating. It is manufactured by the polymerization of formaldehyde with melamine and exhibits resistance against scratches, impact, moisture, heat and chemicals. In comparison to other thermoplastics, such as acetate, once melamine sets, it does not soften or melt and can retain its strength and shape upon reheating. It is commonly used in the production of laminates for surface walls, cabinets, sanitary ware, counters and household crockery items, such as cups, glasses, bowls and plates. It can also be converted into a foam with distinctive pore structures and used as an insulating and soundproofing material.

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, a significant increase in the demand for melamine formaldehyde from various industries, such as construction, automotive, furniture, chemical and packaging, is providing a boost to the market growth. In line with this, in the construction industry, melamine formaldehyde is used for saturating decorative papers that are laminated under high heat and pressure. Owing to its various advantageous properties, such as thermal insulation and chemical resistance, it is also being used for manufacturing automobile interiors in the form of decorative laminates and surface coatings, which is acting as another growth-inducing factor. Other factors, including rapid urbanization, along with the utilization of melamine formaldehyde and bamboo mixture for producing environment-friendly products, are projected to drive the market further. Looking forward, the analyst expects the market to continue its strong growth during the next five years.

Breakup by Product Type:
Methylated Formaldehyde
Non-Methylated Formaldehyde

Breakup by Grade:
Industrial Grade
Reagent Grade

Breakup by Application:
Laminates
Molding Powder
Paints
Surface Coatings
Adhesives
Thermal Insulation Foams
Others

Breakup by End-Use Industry:
Construction and Building
Packaging
Electronics
Wood and Furniture
Automotive
Chemicals
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Allnex Netherlands B.V., BASF SE, Borealis AG, Chimica Pomponesco S.p.A (Gruppo Frati S.p.A), Eurotecnica Contractors and Engineers S.p.A. (Proman Holding AG), Hexza Corporation Berhad, Georgia-Pacific Chemicals LLC, Ineos Chemicals, Mitsui Chemicals, Hexion Inc. (Formerly- Momentive Performance Materials Holdings LLC), Nissan Chemical Industries Ltd., etc.

Key Questions Answered in This Report:
How has the global melamine formaldehyde market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the grade?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global melamine formaldehyde market and who are the key players?
What is the degree of competition in the industry?