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Melamine Pyrophosphate Market

Market Insights on Melamine Pyrophosphate covering sales outlook, demand forecast & up-to-date key trends

Melamine Pyrophosphate Market By Type (Experimental Grade, Industrial Grade, Commercial Grade), Application (Synthetic Resins, Thermoplastic Elastomers, Others), End Use Industry (Synthetic Resins, Automotive, Textile, Aerospace & Defense, Packaging, Others) & Region - Forecast 2022 - 2032

Melamine Pyrophosphate Market Overview

Global melamine pyrophosphate market demand is anticipated to be valued at US$ 338.43 Million in 2022, forecast to grow at a CAGR of % to be valued at US$ 201.92 Million by 2032. Growth is attributed to increased demand for melamine pyrophosphate, especially across the chemicals and materials industry.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 322.11 Million

Expected Market Value (2022)

US$ 338.43 Million

Anticipated Forecast Value (2032)

US$ 201.92 Million

Projected Growth Rate (2022-2032)

5.3% CAGR

Melamine pyrophosphate also abbreviated as MPP is a white crystalline powder with a phosphorous content of around 12-14% and nitrogen content of around 42-44 %. MPP is widely used as a flame retardant additive in plastics, adhesives coatings and polymers. MPP is halogen free and is highly effective owing to the presence of nitrogen and phosphorous thus, resulting in efficient P-N-synergism.

Asia Pacific is considered to be a dominant region for Melamine Pyrophosphate market and its derived products, driven primarily by its utilization across the chemicals and materials industry. Melamine pyrophosphate is generally applied as additive and reactive flame retardant for thermally resistant polyurethane products.

The major factor that is expected to fuel the growth of the Melamine Pyrophosphate market during the forecast period include the Increasing need for safety and security. Simultaneously, the health concerns including skin and eye irritation is expected to hamper the growth of the Melamine Pyrophosphate market during the forecast period.

Which are Some Prominent Drivers Spearheading Melamine Pyrophosphate Market Growth?

Presently, the global melamine pyrophosphate market is witnessing tremendous opportunities owing to the rise in demand for flame retardant additives in a wide range of end use industries such as textiles, home furnishings, aerospace and automotive among others. In addition, increase in use of melamine pyrophosphate in the semiconductor & electronics industry owing to its property of minimizing the flammability of combustible semiconductors is another key factor augmenting the growth of the global market.

Moreover, stringent government regulations regarding prohibition on the use of toxic halogenated flame retardants coupled with rising awareness on fire safety especially among the construction professionals are some other major factors driving the growth of the global melamine pyrophosphate market. Furthermore, increase in the penetration of non-halogenated flame retardants in several applications such as packaging and textiles as well as proactive efforts from the end-users to avoid accidents caused due to fire are also anticipated to supplement the overall market growth.

Melamine pyrophosphate is used in a broad range of products including smartphones, laptops, refrigerators, TV sets, printed circuit boards and vacuum cleaners among others. Moreover, increasing per capita disposable incomes in the emerging economies is in turn supplementing the growth of the global electrical & electronics industry which is projected to benefit the demand for melamine pyrophosphate in the forthcoming years. The rapid technological transformation witnessed by the construction industry has involved the use of flame retardant perfused materials such as structural & plastic insulation. These factors are expected to accelerate the growth of the Melamine Pyrophosphate market during the forecast period.

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What are the Challenges Faced by the Melamine Pyrophosphate Industry?

Although Melamine Pyrophosphate has numerous end uses, there are numerous obstacles likely pose a challenge to market growth. There is a risk in handling of this compound, as it causes several health hazards and requires safe industrial hygiene practices along with protective equipment.

Moreover, the Melamine Pyrophosphate compound is irritating to the eyes and skin on contact, and its inhalation will cause irritation to the lungs and mucus membrane. These factors are the expected to hinder the growth of the Melamine Pyrophosphate Market during the forecast period.

Why is Asia-Pacific Emerging as an Opportunistic Melamine Pyrophosphate Market?

Asia Pacific is the largest market for Melamine Pyrophosphate and the trend is expected to continue into the forecast period owing to rapid industrialization in this region. Growing demand for electrical & electronics are indirectly expected to augment the Melamine Pyrophosphate market.

The market growth in developed economies including China and India is expected to boost the growth of the Melamine Pyrophosphate market, owing to the increase in the demand for the Melamine Pyrophosphate in the electronics and electricals industry.

Nikhil Kaitwade
Principal Consultant
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How is Europe Contributing to Growth of the Melamine Pyrophosphate Market?

According to Future Market Insights, Europe is expected to provide immense growth opportunities for Melamine Pyrophosphate, with Germany expected to steer the bulk of all regional growth. Extensive applications in the electronics industry is keeping sales of Melamine Pyrophosphate afloat across Germany.

Europe is expected to witness tremendous growth owing to its recovery from the economic downturn. Furthermore, this market in the region is expected to increase owing to growing demand for melamine from the automotive and construction industry.

Market Competition

Some of the key participants present in the global Melamine Pyrophosphate market include Puyang Chengke Chemical, Shouguang Weidong Chemical, Tianyi, Shian Chemical, Sichuan Institute of Fine Chemical Industry Research and Design, Cnsolver Technology,  JLS Chemical, Zhenjiang Sanwa Flame Retardant Technology,  Century Multech Inc. and Zhenjiang Xingxing Flame Retardants, among others.

Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as Puyang Chengke Chemical, and Shouguang Weidong Chemical account for a considerable market size, several regional level players are also operating across key growth regions, particularly in the Asia Pacific.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 5.3% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Application
  • End Use Industry
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Puyang Chengke Chemical
  • Shouguang Weidong Chemical
  • Tianyi
  • Shian Chemical
  • Sichuan Institute of Fine Chemical Industry Research and Design
  • Cnsolver Technology
  • JLS Chemical
  • Zhenjiang Sanwa Flame Retardant Technology
  • Century Multech Inc.
  • Zhenjiang Xingxing Flame Retardants 

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Key Segments Profiled in the Melamine Pyrophosphate Industry Survey

Type:

  • Experimental Grade Melamine Pyrophosphate
  • Industrial Grade Melamine Pyrophosphate
  • Commercial Grade Melamine Pyrophosphate

Application:

  • Melamine Pyrophosphate for Synthetic Resins
  • Melamine Pyrophosphate for Thermoplastic Elastomers
  • Melamine Pyrophosphate for Others

End Use Industry:

  • Melamine Pyrophosphate for Synthetic Resins
  • Melamine Pyrophosphate for Automotive
  • Melamine Pyrophosphate for Textile
  • Melamine Pyrophosphate for Aerospace & Defense
  • Melamine Pyrophosphate for Packaging
  • Melamine Pyrophosphate for Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global Melamine Pyrophosphate market to expand at a % value CAGR by 2032

Asia Pacific is expected to be the most opportunistic Melamine Pyrophosphate market, expanding at a % CAGR

Puyang Chengke Chemical, Shouguang Weidong Chemical, Tianyi, Shian Chemical, Century Multech Inc. and Zhenjiang Xingxing Flame Retardants, among others are some prominent Melamine Pyrophosphate manufacturers

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Nikhil Kaitwade
Principal Consultant
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Melamine Pyrophosphate Market