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Global Melamine Formaldehyde Market 2017-2021

Global Melamine Formaldehyde Market 2017-2021

About Melamine Formaldehyde

Melamine is a heterocyclic organic compound that has nitrogen as its key component. The high nitrogen content makes melamine products extremely flame retardant. Melamine, when reacted with formaldehyde, forms melamine formaldehyde. Melamine formaldehyde exhibits good properties such as durability and resistance to heat when cross-linked with other chemical products.

Technavio’s analysts forecast the global melamine formaldehyde market to grow at a CAGR of 5.93% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global melamine formaldehyde market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

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

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Melamine Formaldehyde 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
  • allnex
  • BASF
  • Chemiplastica
  • HEXZA CORPORATION BERHAD
  • INEOS Melamines
Other prominent vendors
  • Chemisol Italia
  • Chimica Pomponesco
  • Eternal Resin
  • EUROTECNICA Contractors and Engineers
  • Hexion
  • Georgia-Pacific Chemicals
  • Mitsui Chemicals
  • Qatar Melamine
Market driver
  • Increasing demand from 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
  • Growing demand for melamine from automotive industry
  • 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Melamine Formaldehyde Market 2017-2021

Technavio recognizes the following companies as the key players in the global melamine formaldehyde market: allnex, BASF, Chemiplastica, HEXZA CORPORATION, BERHAD, and INEOS Melamines.

Other Prominent Vendors in the market are: Chemisol Italia, Chimica Pomponesco, Eternal Resin, EUROTECNICA Contractors and Engineers, Hexion, Georgia-Pacific Chemicals, Mitsui Chemicals, and Qatar Melamine.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing demand for melamine from automotive industry. The increasing demand for melamine from the automotive industry is presenting the global melamine market with notable growth opportunities. Properties such as thermal insulation and excellent chemical resistance make melamine formaldehyde an ideal material for use in surface coatings and decorative laminates of automobile interiors. Emerging automotive applications of melamine listed below will fuel the demand and adoption of melamine in the automotive industry during the forecast period.”

According to the report, one of the major drivers for this market is increasing demand from construction industry. Most countries, especially the emerging ones in APAC, the Middle East, and Africa, have significantly increased their expenditure on the construction industry. This is attributable to the rise in disposable income, improved standards of living, and the need for infrastructure development. Melamine-formaldehyde resins are used for manufacturing and processing construction materials, including wood, glass, and plastics. This factor has significantly increased the demand for melamine-formaldehyde resins, thereby driving the market growth.

Further, the report states that one of the major factors hindering the growth of this market is volatility in raw material prices. The price volatility of raw materials used in for manufacturing melamine is a major restraint faced by the vendors in the global melamine formaldehyde market. Melamine is formed from methane, which is produced as a byproduct of petroleum refining.



Companies Mentioned

allnex, BASF, Chemiplastica, HEXZA CORPORATION, BERHAD, INEOS Melamines, Chemisol Italia, Chimica Pomponesco, Eternal Resin, EUROTECNICA Contractors and Engineers, Hexion, Georgia-Pacific Chemicals, Mitsui Chemicals, and Qatar Melamine.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Outlook
  • Market landscape
    • Market size and forecast
      • Table Global melamine formaldehyde market 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global melamine formaldehyde market by application
      • Table Global melamine formaldehyde market by application 2016
      • Table Global melamine formaldehyde market by application 2021
    • Global melamine formaldehyde market for laminates
      • Table Global melamine formaldehyde market for laminates 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market for laminates 2016-2021
    • Global melamine formaldehyde market for adhesives
      • Table Global melamine formaldehyde market for adhesives 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market for adhesives 2016-2021
    • Global melamine formaldehyde market for molding powder
      • Table Global melamine formaldehyde market for molding powder 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market for molding powder 2016-2021
    • Global melamine formaldehyde market for coatings
      • Table Global melamine formaldehyde market for coatings 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market for coatings 2016-2021
    • Global melamine formaldehyde market for other applications
      • Table Global melamine formaldehyde market for other applications 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global melamine formaldehyde market for other applications 2016-2021
  • Geographical segmentation
    • Global melamine formaldehyde market by geography
      • Table Global melamine formaldehyde market by geography 2016
      • Table Global melamine formaldehyde market by geography 2021
    • Melamine formaldehyde market in APAC
      • Table Melamine formaldehyde market in APAC 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Melamine formaldehyde market in APAC 2016-2021
    • Melamine formaldehyde market in Europe
      • Table Melamine formaldehyde market in Europe 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Melamine formaldehyde market in Europe 2016-2021
    • Melamine formaldehyde market in North America
      • Table Melamine formaldehyde market in North America 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Melamine formaldehyde market in North America 2016-2021
    • Melamine formaldehyde market in ROW
      • Table Melamine formaldehyde market in ROW 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Melamine formaldehyde market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automotive plastics market by volume 2015-2020 (million metric tons)
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Growing demand for melamine from automotive industry
    • Potential substitute for urea formaldehyde
    • Changing supply patterns of shale gas
    • Advances in technology
    • Emerging alternatives to formaldehyde in composite wood binders
  • Vendor landscape
    • Competitive landscape
    • Major market vendors
      • Table Global melamine formaldehyde market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • allnex
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographic segmentation by revenue 2016
    • Chemiplastica
    • HEXZA CORPORATION BERHAD
      • Table HEXZA CORPORATION BERHAD: Business segment by revenue 2016
    • INEOS Melamines
  • Appendix
    • List of abbreviations
  • Explore Technavio

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