Market Research Logo

Global Amino Resin Market 2017-2021

Global Amino Resin Market 2017-2021

About Amino Resin

Amino resins are important materials that come under thermoset polymers. They are used in paints and coatings, molded articles, adhesives, and sealants. Amino resins are produced by reacting formaldehyde with amino compounds such as melamine, benzoguanamine, or urea. They have excellent tensile strength, hardness, and impact resistance. Amino resins are of three types: urea formaldehyde, melamine formaldehyde, and melamine urea formaldehyde.

Technavio’s analysts forecast the global amino resin market to grow at a CAGR of 6.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global amino resin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of amino resin.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Amino Resin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ARCL Organics
  • BASF
  • Hexion
  • HEXZA
  • INEOS
Other prominent vendors
  • Akolite
  • Borealis
  • Chemisol Italia
  • Chimica Pomponesco
  • Eternal Materials
  • EUROTECNICA Contractors and Engineers
  • Georgia-Pacific Chemicals
  • Kronospan
  • Mitsui Chemicals
  • Qatar Melamine
  • Tembec
Market driver
  • Growing demand in construction industry
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Remarkable growth in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Amino Resin Market 2017-2021

Technavio recognizes the following companies as the key players in the global amino resin market: ARCL Organics, BASF, Hexion, HEXZA, and INEOS

Other Prominent Vendors in the market are: Akolite, Borealis, Chemisol Italia, Chimica Pomponesco, Eternal Materials, EUROTECNICA Contractors and Engineers, Georgia-Pacific Chemicals, Kronospan, Mitsui Chemicals, Qatar Melamine, and Tembec.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Remarkable growth in APAC. Amino resins are mainly used in the home appliances and furniture industries. APAC is expected to account for the highest growth in both the industries during the forecast period. Hectic working schedules and rising disposable income are factors that have driven individuals to invest in technology. This is driving the demand for home appliances in APAC. The rapid urbanization is also a factor that is driving the growth of home appliances in this region.”

According to the report, one of the major drivers for this market is Growing demand in construction industry. Amino resins are extensively used in building construction materials, such as pressed wood products. They are used as adhesives in the production of construction materials. Amino resins are used as insulating foams.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. The continuous volatility in the prices of raw materials used in formaldehyde production is posing a serious threat to manufacturers. The price of methanol, which is a basic raw material used in the production of formaldehyde, is volatile. This makes it difficult for manufacturers to increase their profit margins. The rise in prices of raw materials leads to an increase in the prices of end products. Melamine is formed from methane, which is a byproduct of petroleum refining. The increased price of methane in the past five years has affected the demand for melamine formaldehyde in the global market.

Companies Mentioned

ARCL Organics, BASF, Hexion, HEXZA, INEOS, Akolite, Borealis, Chemisol Italia, Chimica Pomponesco, Eternal Materials, EUROTECNICA Contractors and Engineers, Georgia-Pacific Chemicals, Kronospan, Mitsui Chemicals, Qatar Melamine, and Tembec.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global amino resin market: Market overview
    • Market size and forecast
      • Table Global amino resin market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global amino resin market by type
      • Table Global amino resin market by type 2016 (% revenue share)
      • Table Global amino resin market by type 2021 (% revenue share)
      • Table Global amino resin market by type – market size & forecast 2016-2021
    • Global urea formaldehyde market
      • Table Global urea formaldehyde market 2016-2021 ($ millions)
    • Global melamine formaldehyde market
      • Table Global melamine formaldehyde market 2016-2021 ($ millions)
    • Global melamine urea formaldehyde market
      • Table Global melamine urea formaldehyde market 2016-2021 ($ millions)
  • Market segmentation by application
    • Global amino resin market by application
      • Table Global amino resin market by application 2016 (% revenue share)
      • Table Global amino resin market by application 2021 (% revenue share)
      • Table Global amino resin market by application – market size & forecast 2016-2021
    • Global amino resin market for particle boards
      • Table Global amino resin market for particle boards 2016-2021 ($ millions)
    • Global amino resin market for plywood
      • Table Global amino resin market for plywood 2016-2021 ($ millions)
    • Global amino resin market for MDF
      • Table Global amino resin market for MDF 2016-2021 ($ millions)
    • Global amino resin market for laminates
      • Table Global amino resin market for laminates 2016-2021 ($ millions)
    • Global amino resin market for coatings
      • Table Global amino resin market for coatings 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global amino resin market by geography – market size & forecast 2016-2021
    • Regional comparison
      • Table Regional comparison
    • APAC – market size & forecast
      • Table APAC – market size & forecast 2016-2021 ($ millions)
      • Table APAC – Year-over-year growth 2017-2021
    • Europe – market size & forecast
      • Table Europe – market size & forecast 2016-2021 ($ millions)
      • Table Europe – Year-over-year growth 2017-2021
    • North America – market size & forecast
      • Table North America – market size & forecast 2016-2021 ($ millions)
      • Table North America – Year-over-year growth 2017-2021
    • ROW – market size & forecast
      • Table ROW – market size & forecast 2016-2021 ($ millions)
      • Table ROW – Year-over-year growth 2017-2021
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Remarkable growth in APAC
    • Growing demand for melamine in automotive industry
    • Technological advances
  • Vendor landscape
    • Competitive landscape
    • Key vendors in global amino resin market
      • Table Global amino resin market: Key vendors 2016
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ARCL Organics
      • Table ARCL Organics: Business segmentation
      • Table ARCL Organics: End-user segmentation
    • BASF
      • Table BASF: Product segment by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
    • Hexion
      • Table Hexion: Business segmentation by revenue 2016 (% share)
      • Table Hexion: Product segmentation
    • HEXZA
      • Table HEXZA: Business segmentation by revenue 2016 (% share)
    • INEOS
      • Table INEOS: Business segmentation by revenue 2016 (% share)
      • Table INEOS: Geographic segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report