Melamine Formaldehyde Mf Market

Melamine Formaldehyde (MF) Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • August 2020
  • REP-GB-1704
Melamine Formaldehyde Mf Market

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This Melamine Formaldehyde Mf market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Melamine Formaldehyde Mf market.

Melamine formaldehyde is a synthetic resin manufactured by reacting melamine with highly reactive formaldehyde gas under alkaline conditions. Melamine formaldehyde resin is generally compared with urea-formaldehyde resin with respect to its processing and applications, however it is harder, stronger and offers even better resistance to chemicals, moisture, heat, electricity and scratching, compared against urea-formaldehyde. It is referred as thermosetting polymer or amino resins, exhibits excellent value added properties such as low density, thermal stability, high gloss, transparency, and light fastness. Owing to its value added properties, melamine formaldehyde has found great industrial applications in fire retardants, surface coatings, plywood, particleboard, adhesive, molding compounds and laminates among others.

Melamine formaldehyde is used in variety of product which are valued on basis of its toughness and ease of manufacturing, resultantly most of the melamine formaldehyde resins are highly customized as per the requirements of particular application. The curing behavior and the degree of cross-linking of melamine and formaldehyde determines tailored products properties such as electrical resistance, thermal stability and mechanical properties. Melamine formaldehyde resins has been extensively used for surface coating, especially for automotive top coats and metal furniture. However rising government regulation over release of formaldehyde in environment is decreasing use of melamine formaldehyde for coating manufacturing. Most common uses of melamine formaldehyde resin includes dinnerware, bathroom accessories, electrical breakers, receptacles, knobs and handles, kitchen utensils, appliance components, adhesives, laminates, textile, medium density fiberboard and hard boards among others.

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Melamine Formaldehyde Market: Market Dynamics

Rising regulations over release of formaldehyde in environment has restrain consumption of MF resin for specific application such coating manufacturing, which slow down the global consumption of melamine formaldehyde. However recovering construction industry and rapidly growing packaging industry is expected to drive global demand for melamine formaldehyde at steady pace. Wood and Furniture industry is one of the major consumer of MF resins, and it is expected that global MF resins market will grow with a growth of wood and furniture industry.

Melamine Formaldehyde Market: Market Segmentation

Melamine Formaldehyde Market: Regional Outlook

After economic turndown in North America and Europe, construction industry is slowly recovering and expected to grow with a slow rate over forecast period. Owing to MF resin’s value added application in construction and buildings, it is expected that the demand for MF resins in North America and Europe will grow at steady rate. However consumption of melamine formaldehyde resins in APAC has been significantly increased in last five years and it is expected that it will grow linearly, owing to infrastructure development in India and China. China is the largest market in Asia-Pacific followed by India in 2016, and is expected to grow rapidly in the near future. This is primarily because of growing industries such as electronics, automotive, chemicals and packaging which are collectively account for major consumption of melamine formaldehyde resins. Growing need for sustainable packaging is expected to be key driver to augment consumption of melamine formaldehyde resins across the globe.

Melamine Formaldehyde Market: Key Players

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments and geographies.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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On basis of types, global market of melamine formaldehyde market can be segmented as follow as;

  • Methylated Melamine Formaldehyde Resins
  • Methylol Or Non-Methylated Melamine Formaldehyde Resins

On basis of end-use industries, global melamine formaldehyde market can be segmented as follow as;

  • Construction and Building
  • Electronics
  • Automotive
  • Packaging
  • Wood and Furniture
  • Chemicals
    • Coatings
    • Adhesives
    • Rubber and Plastics
  • Others (Paper & Pulp and Textiles)

On basis of geographies, global melamine formaldehyde market can be segmented as follow as;

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

Some of the key players in global melamine formaldehyde resin market are as follow as;

  • Qatar Melamine Company
  • Hexza Corporation Berhad
  • Georgia-Pacific Chemicals LLC
  • Ineos Melamines GmbH
  • Hexion
  • Chemiplastica Spa
  • Pacific Texchem Pvt. Ltd.
  • Jiangsu Tianxin Chemical Co., Ltd.
  • EUROTECNICA Contractors and Engineers S.P.A.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific Excluding Japan
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

Report highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Melamine Formaldehyde Mf Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Melamine Formaldehyde Mf Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Melamine Formaldehyde Mf Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

Global Head - Business Development

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

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