Global melamine market, 2024-2030

Melamine is a white crystalline substance belongs to the family of heterocyclic organic compounds. It contains 66% of nitrogen by mass. Melamine is combined with formaldehyde to produce melamine formaldehyde resins by condensation polymerization. Melamine formaldehyde resins or melamine resins are hard, durable, glossy and exhibit strong resistance to heat, moisture and wear.

The global melamine market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global melamine market is growing at a fast pace and increasing its geographical footprint rapidly. The global melamine market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.

Melamine market is primarily driven by its huge consumption in the manufacturing of wood adhesives and laminates. These laminates are extensively used in construction industry. The global demand of melamine is greatly influenced by the general economic conditions for instance, growth in the construction and automotive industry. Global construction industry has expanded rapidly with growth opportunities in commercial infrastructure, residential, and non-residential sector in almost every part of the world.

The global melamine market constitutes of large number of international and national market players. Some of the primary market players in the industry include OCI Melamine, BASF SE, Borealis AG, Hexion Specialty Chemicals, Sichuan Golden Elephant Chemical Co., Qatar Melamine Co., and Mitsui Chemicals Inc.

Research Methodology

The research process includes the market segmentation of the global melamine market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (30%), Europe (30%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global melamine industry dynamics
• Estimation of the present global melamine market size in terms of value and volume
• Global melamine market breakup based on type and application
• Substantiated global melamine market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global melamine industry value chain