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Melamine Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research

10-30-2024 01:53 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Melamine Market

Melamine Market

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.

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Melamine, formula Cโ‚ƒHโ‚†Nโ‚†, 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.

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

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.

๐‚๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐›๐ž๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/69872/

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ

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.

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

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.

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

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.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

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)

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/69872/

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Melamine resin
Melamine foam
Others

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Laminates
Wood adhesives
Thermoset plastics
Surface coating
Others

๐›๐ฒ ๐„๐ง๐ ๐ฎ๐ฌ๐ž๐ซ

Construction
Chemical industry
Textile industry
Automotive industry
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-melamine-market/69872/

๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

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

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/69872/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ž๐ฅ๐š๐ฆ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

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?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

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

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ: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.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/hydrogen-market/190122/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

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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