Melamine Formaldehyde Market - Global Industry Analysis 2019
The demand for melamine formaldehyde is expected to be driven by strong growth factors in end-use industries. Melamine is an organic, heterocyclic compound that has nitrogen as its major constituent. Due to the presence of high nitrogen content, melamine products are extremely flame retardant by nature. Melamine when reacted with formaldehyde constitutes melamine formaldehyde (MF) – a chemical element that exhibits excellent properties when cross-linked with various other chemical products.
Get Free PDF Research Brochure for more Professional and Technical Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1940
Melamine formaldehyde has a wide range of applications. Its growing demand is seen from end-user industries such as, furniture, construction, automobile, lamination, textile, and paper among many others. Owing to huge demand for melamine formaldehyde products from all such industries, the global melamine formaldehyde market is expected to increase tremendously in the coming years.
Also, the continuous rising demand from China for producing secondary processed products has contributed in the growth of melamine formaldehyde market. After Asia-Pacific, China is the world’s largest exporter of secondary processed products. In addition, the development of different technologies facilitating cross-linking of melamine formaldehyde with other chemicals is expected to enhance the demand for melamine formaldehyde (MF) in paints and coatings.
Melamine formaldehyde (MF) based paints and coating products have an imperative effect on the growth of melamine formaldehyde market, and thus, the major growth and demand would be arising from the automobile sector in the coming years. The use of melamine formaldehyde in paints and coatings used in the automobile sector is expected to drive the market at CAGR of 6.2% between 2013 and 2019.
Speaking of the largest consumer of melamine formaldehyde in the last few years, the laminate industry has captured the highest share on a global level.
Melamine formaldehyde in the form of laminates offer resistance to UV, fire, light, and water which makes it extremely suitable for a broad range of applications. Laminates is expected to grow at a CAGR of 5.6% from 2013 to 2019.
Browse the full Melamine Formaldehyde Market report at http://www.transparencymarketresearch.com/melamine-formaldehyde-market.html
In addition to the laminate industry, the adhesive industry was the second largest consumer of melamine formaldehyde in 2012. Due to the global rising growth of furniture and construction industries, the increase in the consumption of adhesives and laminates has played a pivotal role in the overall melamine formaldehyde market. The use of melamine formaldehyde is also seen in the tableware applications. This market is augmented to show the fastest growth rate due to the high consumption of MF products in the future. Likewise, the U.S. Food and Drug Administration (FDA) agreement to implement melamine formaldehyde in the food manufacturing and packaging sectors, as well as other tableware segments is anticipated to boost the consumption of melamine formaldehyde in this particular application. Some additional applications such as household appliances, sanitary ware, and electrical appliances has also witnessed high consumption of melamine formaldehyde, and the growth in these markets is also expected to rise in the future.
Geographically, in 2012, Asia-Pacific market emerged as a leading sector in the consumption of melamine formaldehyde, accounting for over 40% of the market shares in the same year. Europe is expected to be a major consumer of melamine formaldehyde by 2019. The market in the European region is growing at a CAGR of 5.6% between 2013 and 2019. The Rest of the World (RoW) market is expected to reach maximum growth figures by 2019, capturing a market share of approximately 8%.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Visit Blog : http://globalresearchanalysis.blogspot.in/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Melamine Formaldehyde Market - Global Industry Analysis 2019 here
News-ID: 403545 • Views: 516
More Releases from TMR – Research Reports
Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has
More Releases for Melamine
Melamine Foam Market Report 2018: Segmentation by Type (Rigid Melamine Foam, Sem …
Global Melamine Foam market research report provides company profile for Soundcoat, JUNHUA GROUP, Linyi Yingke Chemistry, CMS Danskin Acoustics Limited, Ya Dina New Material, Acoustafoam, Wilhams, BASF SE, SINOYQX (Yulong), Puyang Green Foam, BEIJING GUOJIAN ANKE, Clark Foam and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,
Forecast on Melamine Pyrophosphate Market Melamine Pyrophosphate Market for the …
In near future, security concerns related to fire-fighting, making environment protection along with promoting adding technology of non-halogen, the demand for high-efficiency of flame-retardant is in target. Melamine pyrophosphate, also known diphosphoric acid, is a flame retardant polypropylene. Melamine pyrophosphate are substances which on combining, the synergistic effect of the melamine pyrophosphate (nitrogen and phosphorus) results in small quantity need in formulations. As of acidic catalysis foaming flame and inert
Melamine Based Adhesives Market Report 2017
Melamine Based Adhesives Market Asia-Pacific Melamine Based Adhesives market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/asia-pacific-melamine-based-adhesives-market-report-2017-1642205 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Melamine Based Adhesives for
Melamine Formaldehyde Resin Market Size 2017-2022: OCI Nitrogen, Qatar Melamine, …
Global Melamine Formaldehyde Resin Market Research Report A market study based on the " Melamine Formaldehyde Resin Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Melamine Formaldehyde Resin Market 2017’. The research report analyses the historical as well as present performance of the worldwide Melamine Formaldehyde Resin industry, and makes predictions on the future status of Melamine Formaldehyde Resin market on the basis
Global Thermofused Melamine Market 2017 Basf, Borealis Agrolinz Melamine, Mitsui …
Thermofused Melamine Market Research Report A market study based on the " Thermofused Melamine Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Thermofused Melamine Market 2017’. The research report analyses the historical as well as present performance of the worldwide Thermofused Melamine industry, and makes predictions on the future status of Thermofused Melamine market on the basis of this analysis. Enquiry Here :
Melamine Formaldehyde Market 2017 - BASF S.E., Borealis Agrolinz Melamine GmbH, …
The Global Melamine Formaldehyde Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Melamine Formaldehyde industry. First, "Global Melamine Formaldehyde Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Melamine Formaldehyde industry chain structure. Major Companies Covered in this report:- BASF S.E., Borealis Agrolinz Melamine GmbH, Mitsui Chemicals Inc.,