Melamine Formaldehyde Market Information 2019| By Global Industry Analysis, Resin Structure, Manufacturer, Trend, Type, Competitive Strategy, Size, Share, Application, Overview, Forecast To 2023

Melamine Formaldehyde Market Information 2019| By Global Industry Analysis, Resin Structure, Manufacturer, Trend, Type, Competitive Strategy, Size, Share, Application, Overview, Forecast To 2023

“Melamine Formaldehyde Market”
Global Melamine Formaldehyde Market Information- by Type (Methylated and Non-Methylated Formaldehyde), by End-Use (Automotive, Construction and Building, Electronics, Wood & Furniture, Packaging, Chemicals and Others) – Forecast till 2023

Melamine Formaldehyde is a hard, thermosetting polymer formed by condensation polymerization. It is white in color and odorless in taste. It exhibits an excellent UV, corrosion and thermal resistance, low fire susceptibility, and durable properties are important attributes, promoting the market positively. Owing to these features, it is used in various applications such as automotive, construction and building, electronics, wood & furniture, packaging, chemicals, and others.

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The automotive segment is also predicted to witness a higher CAGR owing to growing substitution of heavy materials by lighter polymers, during the forecast period, 2017-2023. 

The market by type is further divided into methylated and non-methylated formaldehyde. Among these, Methylated Formaldehyde segment holds a major share in the market due to its growing use in coating, crosslinking, textile, nonwoven and papermaking applications. 

Competitive Analysis: –

Some of the major players functioning in the global melamine formaldehyde market are

  • BASF SE (Germany)
  • Huntsman International LLC (the U.S.)
  • Hexion (the U.S.)
  • Mitsui Chemicals, Inc (Japan)
  • Allnex group (Germany.)
  • INEOS Melamines (the U.K.)
  • Chemiplastica SPA (Italy)
  • Hexza Corporation Berhad (Malaysia)
  • Chemisol Italia s.r.l. (Italy)
  • Borealis Agrolinz Melamine GmbH (Austria)

 

Market Segmentation: –

The global melamine formaldehyde market is segregated into the type and end-use.

Based on Type, the market is further categorized into methylated and non-methylated formaldehydes. It is predicted that the growing use of methylated formaldehyde segment in coating, crosslinking, textile, nonwoven and papermaking applications is projected to drive the market in the couple of years.

The non-methylated formaldehydes segment is estimated to witness the higher CAGR on account of its growing use in coatings, textiles and other industries.

Based on application, the market is further sub-divided into automotive, construction and building, electronics, wood & furniture, packaging, chemicals, and others. Among these, construction and building hold most of the market due to extensive use of melamine resins in tiles, flooring, countertops, molding, and others.

Based on end-use, the market is further categorized into automotive, construction and building, electronics, wood & furniture, packaging, chemicals, and others. Among these, the construction and building segment holds a major share in the market owing to growing use of polymer materials in flame retardant materials, flooring, dry base boards, and others.

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Regional Analysis: –

The global melamine formaldehyde market is spanned across five key regions of the world namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to rising demand for melamine formaldehydes in various applications. Due to these factors, China, Japan and India are the major players in this region. It is estimated that the automotive segment is set to witness a higher growth in the market during the forecast period, 2017-2023.

Europe has observed a recognized progress in the market due to an increased use of melamine resins in construction and buildings, automotive, and other sectors. These resins are utilized in these sectors to manufacture low cost, efficient, high standard, and durable products. Owing to these factors, Germany has accounted for major share in the market followed by the U.K. and Italy.

The Latin American region is estimated to witness a recognized development in the market due to growing consumption of formaldehyde resins in automotive, construction & building, textiles, wood and furniture industries.

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Table Of Contents: 

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

5 Industry Overview Of Global Melamine Formaldehyde Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

To be Continue….

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