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Melamine Market Update Report 2023 | Industry Trends, Demand, Leading Companies and Segmentation till 2031/ Borealis AG, Prefere Resins Holding GmbH, Henan Xinlianxin Chemicals Group Co.

02-29-2024 08:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Melamine Market Update Report 2023 | Industry Trends, Demand,

Melamine market is anticipated to grow at a considerable CAGR of 4.26% during the forecast period. With growing construction activities and the increasing demand for laminates, wood adhesives, and paints and coatings in countries such as China will be propelling the growth of the market. China accounted for more than one-fourth of the global coatings market presently. According to the China National Coatings Industry Association, the industry has registered a growth of 7% through recent years. Furthermore, according to the National Bureau of Statistics of China, the construction industry in China was valued at about USD 1,049 billion in 2020. It is estimated to reach approximately USD 1,117 billion by 2021, registering a growth rate of about 6.5%.

Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in December 2019, OCI NV, Dakota Gasification Company and Dyno Nobel Enter into Exclusive Marketing Agreement for DEF, Urea Liquor and Automotive Grade Urea in North America. This agreement OCI's and N-7's continued commitment to expand their market presence in the DEF and industrial urea markets in North America. Therefore, it will serve to cement N-7's position as a major supplier in the US. Additionally, it will also provide geographic reliability to the growing DEF demand of N-7's customers and position N-7 as a dependable supplier in North America.

To Request a Sample of our Report on Melamine Market: https://www.omrglobal.com/request-sample/melamine-market

Market Coverage

· The market number available for - 2023-2031

· Base year- 2023

· Forecast period- 2024-2031

Segment Covered-

· By Application

Regions Covered

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- Borealis AG, Prefere Resins Holding GmbH, Henan Xinlianxin Chemicals Group Co., Ltd, OCI NV.

By Application

· Laminates

· Wood Adhesives

· Molding Compounds

· Paints and Coatings

· Others Applications (Flame Retardants, Textile Resins, etc.)

A full Report of Melamine Market is Available @ https://www.omrglobal.com/industry-reports/melamine-market

Melamine Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· BASF SE

· Borealis AG

· Cornerstone Chemical Company

· Grupa Azoty

· Gujarat State Fertilizers & Chemicals Limited (GSFC)

· Prefere Resins Holding GmbH

· Methanol Holdings (Trinidad) Limited (MHTL)

· Mitsui Chemicals Inc.

· Hexion

· Nissan Chemical Corporation

· OCI NV

· Qatar Melamine Company

· Sichuan Chemical Works Group Ltd

· Henan Xinlianxin Chemicals Group Co. Ltd

· Eurochem Group

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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