Global Melamine Market Outlook to 2026
1. Executive Summary
2. Research Scope and Methodology
- 2.1 Aim & Objective of the study
- 2.2 Market Definition
- 2.3 Study Information
- 2.4 General Study Assumptions
- 2.5 Research Phases
3. Market Analysis
- 3.1 Introduction
- 3.2 Market Dynamics
- 3.2.1 Drivers
- 3.2.2 Restraints
- 3.3 Market Trends & Developments
- 3.4 Market Opportunities
- 3.5 Feedstock Analysis
- 3.6 Regulatory Policies
- 3.7 Analysis of Covid-19 Impact
4. Industry Analysis
- 4.1 Supply Chain Analysis
- 4.2 Porter’s Five Forces Analysis
- 4.2.1 Competition in the Industry
- 4.2.2 Potential of New Entrants into the Industry
- 4.2.3 Bargaining Power of Suppliers
- 4.2.4 Bargaining Power of Consumers
- 4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
- 5.1 By Application
- 5.1.1 Adhesives
- 5.1.2 Laminates
- 5.1.3 Molding Compounds
- 5.1.4 Paints and Coatings
- 5.1.5 Others
6. Regional Market Analysis
- 6.1 North America
- 6.1.1 United States
- 6.1.2 Canada
- 6.1.3 Mexico
- 6.2 Europe
- 6.2.1 Germany
- 6.2.2 United Kingdom
- 6.2.3 Italy
- 6.2.4 France
- 6.2.5 Russia
- 6.2.6 Rest of Europe
- 6.3 Asia-Pacific
- 6.3.1 China
- 6.3.2 India
- 6.3.3 Japan
- 6.3.4 South Korea
- 6.3.5 Rest of Asia-Pacific
- 6.4 South America
- 6.4.1 Brazil
- 6.4.2 Argentina
- 6.4.3 Rest of South America
- 6.5 Middle East & Africa
- 6.5.1 South Africa
- 6.5.2 Saudi Arabia
- 6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
- 7.1 BASF SE
- 7.2 Borealis AG
- 7.3 Cornerstone Chemical Company
- 7.4 East China Engineering Science & Technology Co. Ltd (ECEC)
- 7.5 Grupa Azoty Zaklady Azotowe Pulawy SA
- 7.6 Gujarat State Fertilizers & Chemicals Ltd
- 7.7 INEOS Group
- 7.8 Methanol Holdings (Trinidad) Limited (MHTL)
- 7.9 Mitsui Chemicals Inc.
- 7.10 Momentive Specialty Chemicals Inc.
- 7.11 Nissan Chemical Industries Ltd
- 7.12 OCI Melamine
- 7.13 Qatar Melamine Co.
- 7.14 Shanxi Fenghe Melamine Co.
- 7.15 Sichuan Chemical Holdings Co. Ltd
*List of
companies is not exhaustive
8. Competitive Landscape
- 8.1 List of Notable Players in the Market
- 8.2 M&A, JV, and Agreements
- 8.3 Market Share Analysis
- 8.4 Strategies of Key Players
9. Conclusions and Recommendations
Melamine is an organic-based and nitrogen-rich compound used to manufacture utensils, plastic products, etc. Melamine resin is durable, heat and fire-resistant, and virtually unbreakable which makes melamine products more desirable than other plastic housewares. According to BlueQuark Research & Consulting, the global melamine market is expected to witness a considerable growth rate during the forecast period. Melamine resins are used to manufacture laminates which are highly suitable for decoration and protection purposes in housing, electrical applications, etc. Moreover, melamine resins possess strong thermosetting properties and can be molded into a variety of products including thermoset plastics used in dinnerware, food containers, utensil handles, and electric sockets. The increasing demand for Melamine resins is likely going to drive the market. However, the availability of substitutes, like soy, liquefied wood, and powder coatings, is likely to hinder the growth of the global melamine market during the forecast period.
Asia-Pacific dominated the melamine market due to the growing demand from construction industries as well as paints and coatings industries in countries like China, Japan, and India. Moreover, in China, the significant development rate in the rail and road infrastructure leading to the expansion of the industrial and service sectors is likely to provide a greater opportunity for the melamine market.
The laminates segment is expected to drive the studied market due to their wide application in housing, construction, and electrical applications and thus positively impacting the growth of the global melamine market. Moreover, melamine laminated sheets have several benefits including, superior heat-resistant properties, corrosion resistance, better wear and does not get softened or cracked even at a temperature over 100°C which is expected to further drive the global melamine market.
The global melamine market is consolidated. Some of the key players in the market are OCI NV, Borealis AG, INEOS Group, Grupa Azoty Zaklady Azotowe Pulawy S.A., and Sichuan Chemical Works Group Ltd (SCWG), among others.
In December 2019, BASF announced to expand its range of the melamine resin foam Basotect®, the new grade Basotect® UF+ with improved emission properties replaces the successful Basotect® UF and opens up additional fields of application. The exceptionally lightweight and flexible foam is ideally suited for the insulation of rail vehicles as well as of heating, ventilation, and air-conditioning (HVAC) technology in buildings. At the same time, it effectively reduces the noise level of the facilities.
Global Melamine Market report provides deep insight into the current and future state of Global Melamine Market across various regions. The study comprehensively analyzes the Global Melamine Market by segmenting based on geography, by Application (Adhesives, Laminates, Molding Compounds, Paints and Coatings, and Others). The report examines the market drivers and restraints that are influencing the growth in detail. The study covers & include emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape section with profiles of major companies including their market shares and projects.