Press release
Melamine Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research
Melamine Market size was valued US$ 8.63 Bn in 2023 and the total revenue is expected to grow at 4.6% through 2024 to 2030, reaching US$ 11.83 Bn.๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Melamine, formula CโHโNโ, is combined with formaldehyde to create durable melamine-formaldehyde resins through condensation polymerization, comprising 67% nitrogen by mass, resistant to heat, humidity, wear, and stain. Restructuring and renovating residential buildings for cost-saving and energy efficiency will drive melamine market growth.
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Demand from laminates and wood adhesives markets, influenced by consumer lifestyle changes and rising income, will also boost market growth. Melamine use in high resistance concrete and carbon nanotubes will further drive growth. Melamine resin coatings reducing solvent emissions in the automotive sector will be popular across sectors. Melamine's increasing use in various automotive applications is a market trend.
๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/69872/
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
Fluctuating raw material and crude oil prices worldwide may hinder market growth. Toxicity concerns and availability of substitutes like liquefied wood and soy coatings may also restrict market growth.
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Key manufacturers include the Sichuan Golden Elephant Sincerity Chemical, Shandong Hualu Hengsheng Group, Shanxi Yangmei Fengxi Fertilizer Industry, Shandong ShunTian Chemical Group, Shandong ShunTian Chemical Group, Henan Zhongyuan Dahua Group, and Sichuan Chemical Works.
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The melamine market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated in 2023 with xx% market share and is expected to reach US$ xx Mn by 2030 with a xx% CAGR, driven by growth in the construction industry due to rising disposable income, lower raw material prices, and increased government spending. China led production and consumption in 2023 with xx% market share, while India, Japan, Indonesia, and Malaysia are emerging markets. Europe, with xx% market share in 2023, is projected to grow at an xx% CAGR, driven by construction and automotive industry growth, especially in Russia.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In March 2022, Borealis AG rejected EuroChem's offer to acquire its melamine, nitrogen, and fertilizer business, but remains open to potential options for its nitrogen business.
In November 2022, BASF introduced Geraniol Extra BMBcertTM, the first aroma ingredient supplier with a lower carbon footprint than the market standard. It is used in various Home and Personal Care products, promoting sustainability through renewable raw materials and biodegradability.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/69872/
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Melamine resin
Melamine foam
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Laminates
Wood adhesives
Thermoset plastics
Surface coating
Others
๐๐ฒ ๐๐ง๐ ๐ฎ๐ฌ๐๐ซ
Construction
Chemical industry
Textile industry
Automotive industry
Others
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-melamine-market/69872/
๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Sichuan Golden Elephant Sincerity Chemical
Shandong Hualu Hengsheng Group
Shanxi Yangmei Fengxi Fertilizer Industry
Shandong ShunTian Chemical Group
Shandong ShunTian Chemical Group
Henan Zhongyuan Dahua Group
Sichuan Chemical Works
Cornerstone Chemical
Nissan Chemical Industries
Xinji Jiuyuan Chemical
Sichuan Meifeng Chemical
Chengdu Yulong Chemical
Mitsui Chemicals
Qatar Melamine
Luxi Chemical
OCI Nitrogen
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/request-sample/69872/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฅ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Which region has the largest share in Global Melamine Market?
What is the growth rate of Global Melamine Market?
What segments are covered in Global Melamine market?
Who are the key players in Global Melamine market?
What is the study period of this market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Melamine Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Melamine Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
Rare Gas Market was valued at US$ 3.66 Bn. in 2022. Global Rare Gas Market size is expected to grow at a CAGR of 4.75 % through the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/rare-gas-market/146681/
Builder Hardware Market was valued at US$ 47.57 Bn. in 2023. The Global Market size is estimated to grow at a CAGR of 4.7% over the forecast period.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/builder-hardware-market/148421/
UV Tape Market size was valued at USD 1.17 Bn. in 2023 and the total UV Tape revenue is expected to grow at a CAGR of 7.4% from 2024 to 2030, reaching nearly USD 1.92 Bn.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/uv-tape-market/165098/
Global Neoprene Fabric Market size was valued at USD 141.2 Million in 2022 and the total Neoprene Fabric Market revenue is expected to grow at a CAGR of 8.9 % from 2023 to 2029, reaching nearly USD 223.3 Million.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/neoprene-fabric-market/187312/
The Hydrogen Market size was valued at USD 172.42 Billion in 2023 and the total Hydrogen Market revenue is expected to grow at a CAGR of 8.7 % from 2024 to 2030, reaching nearly USD 309.17 Billion by 2030.
๐๐๐ญ ๐๐ง๐๐จ:https://www.maximizemarketresearch.com/market-report/hydrogen-market/190122/
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.
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