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Melamine Polyphosphate Market Worth USD 300.1 Million in 2022, Anticipated to Grow at a CAGR of 7.2% from 2023 to 2033

05-19-2023 08:13 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Melamine Polyphosphate Market Worth USD 300.1 Million in 2022,

As per the study initiated by Evolve Business Intelligence, the global Melamine Polyphosphate market size accounted for USD 300.1 Million in 2022, growing at a CAGR of 7.2% from 2023 to 2033. The Melamine Polyphosphate (MPP) market refers to the global market for a flame-retardant chemical compound called melamine polyphosphate. MPP is commonly used as a flame retardant in various applications, including plastics, coatings, textiles, and paper. It acts as an additive that helps reduce the flammability of materials and improves their fire resistance properties. The primary driver of the Melamine Polyphosphate market is the growing emphasis on fire safety across various industries. With the increasing occurrence of fire accidents and stringent regulations regarding fire safety, there is a rising demand for flame-retardant materials. MPP offers excellent fire resistance properties and is considered an effective solution for enhancing the fire safety of products and materials. The demand for MPP is driven by industries such as construction, automotive, electronics, and textiles that require flame-retardant materials to comply with safety standards.
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Key Highlights:
• The global Melamine Polyphosphate Market size was valued at USD 300.1 Million in 2022 growing at a CAGR of 7.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Melamine Polyphosphate Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Melamine Polyphosphate market report also includes the following data points:
• COVID19 Impact on Melamine Polyphosphate market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Melamine Polyphosphate market
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Key Players
Some of the major Melamine Polyphosphate players holding high market share include the Sichuan Institute of Fine Chemical Industry Research and Design, Zhenjiang Sanwa Flame Retardant Technology, JLS Chemical, and Zhenjiang Xingxing Flame Retardants. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Sichuan Institute of Fine Chemical Industry Research and Design
• Zhenjiang Sanwa Flame Retardant Technology
• JLS Chemical
• Zhenjiang Xingxing Flame Retardants
• Jiangyin Suli Chemical
• Novista Group
• Shouguang Weidong Chemical
• Puyang Chengke Chemical
• Shian Chemical
• Tianyi
• Cnsolver Technology
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Melamine Polyphosphate Market:
o Particle Size: >15 µm
o Particle Size: 5-15 µm
o Particle Size below 5 µm
Market Segment By application with a focus on market share, consumption trend, and growth rate of the Melamine Polyphosphate Market:
o Plastic
o Rubber
o Fireproof Material (Fireproof Coating, Fireproof Paper, Fireproof Wood, etc.)
o Polyolefin
o Others
Parameters Details
Market Size (2022) $ 300.1 Million
CAGR (2023 to 2033) 7.2%
Market Segmentation Type, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Melamine Polyphosphate Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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