Market Overview:
The global methylated melamine resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automotive and coil applications, and rising demand from emerging economies such as China and India. In terms of type, the 98% purity segment is expected to dominate the global methylated melamine resin market during the forecast period, owing to its superior properties such as high heat resistance and chemical resistance. In terms of application, automotive is expected to be the fastest-growing segment during the forecast period, followed by coil applications.
Product Definition:
A resin is methylated if a methyl group has been added to it. Methylated melamine resin is a type of thermoset plastic that is used in the manufacture of laminate flooring, countertops, and other furniture. It is made by combining melamine with formaldehyde and then methylating the formaldehyde. The addition of the methyl group makes the molecule more stable, which results in a harder, more durable product.
98% Purity:
98% Purity is a form of Methylated Melamine Resin (MHR), which has been used as an important feedstock for the production of Polymethyl Methacrylate (PMMA) and other high-quality plastics. 98% Purity grade offers properties such as low ash, good flow, excellent color & gloss, and high molecular weight that are highly valued in the manufacturing of PMMA.
Other:
Other is a generic name for all the monomers, other than methyl methacrylate (MMA), used in manufacturing methylated melamine resin. The most commonly used other monomer is styrene. Other monomers include acrylonitrile, butadiene, and acrylic acid among others. Methylated melamine resins are widely utilized as adhesives and binders in the wood industry owing to their high strength and durability along with excellent water resistance properties.
Application Insights:
The automotive application segment accounted for the largest volume share of over 40% in 2017. The product is used as a corrosion inhibitor and adhesive in the manufacturing of automobile parts, such as engine components, brake systems and transmission belts. It is also used to manufacture adhesives that are utilized in vehicle interiors to hold together various surfaces including dashboardboards, seat panels and roof lining.
The other applications include construction & building materials industry which was valued at USD 142.0 million in 2017 owing to its properties such as high strength-to-weight ratio along with excellent resistance towards heat & corrosion thus making it suitable for use across a wide range of end-use industries including marine equipment & boats where it is widely utilized for coating purposes due to its superior protective characteristics against UV rays & environmental stressors like moisture etc., thereby boosting product demand globally over the forecast period.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The regional market is characterized by a large number of manufacturers, which has led to high product availability at competitive prices. China, India, Japan and South Korea are some of the major countries that have witnessed rapid growth in automotive production over the past few years. This trend is projected to continue over the next eight years with an emphasis on fuel economy coupled with low emission standards as mandated by various governments across regions.
The growing demand for lightweight materials such as metals and alloys along with plastics in automobile manufacturing owing to their superior strength-to-weight ratio will drive product consumption further.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as durability, heat resistance and chemical resistance.
- Rising awareness about the benefits of using methylated melamine resin among consumers is expected to fuel the market growth in the near future.
- Growing demand for decorative laminates in residential and commercial spaces is projected to boost the methylated melamine resin market over the forecast period.
- Increasing penetration of melamine resins in developing countries due to rising disposable income levels of consumers is anticipated to create new opportunities for market players operating in this space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methylated Melamine Resin Market Research Report
By Type
98% Purity, Other
By Application
Automotive, Coil, Other
By Companies
Melamin d.d. Kočevje, DIC, Eternal Materials, Allnex, CHC, Chang Chun Group, Sanwa Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Methylated Melamine Resin Market Report Segments:
The global Methylated Melamine Resin market is segmented on the basis of:
Types
98% Purity, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Coil, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Melamin d.d. Kočevje
- DIC
- Eternal Materials
- Allnex
- CHC
- Chang Chun Group
- Sanwa Chemical
Highlights of The Methylated Melamine Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 98% Purity
- Other
- By Application:
- Automotive
- Coil
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methylated Melamine Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methylated melamine resin is a type of plastic that contains methyl methacrylate and methyl acrylate. It is used in products such as furniture, toys, and other consumer goods.
Some of the major companies in the methylated melamine resin market are Melamin d.d. KoÄevje, DIC, Eternal Materials, Allnex, CHC, Chang Chun Group, Sanwa Chemical.
The methylated melamine resin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methylated Melamine Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Methylated Melamine Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Methylated Melamine Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Methylated Melamine Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Methylated Melamine Resin Market Size & Forecast, 2020-2028
4.5.1 Methylated Melamine Resin Market Size and Y-o-Y Growth
4.5.2 Methylated Melamine Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 98% Purity
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Coil
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methylated Melamine Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methylated Melamine Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 98% Purity
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Coil
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 98% Purity
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Coil
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 98% Purity
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Coil
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 98% Purity
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Coil
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 98% Purity
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Coil
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methylated Melamine Resin Market: Competitive Dashboard
14.2 Global Methylated Melamine Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Melamin d.d. Kočevje
14.3.2 DIC
14.3.3 Eternal Materials
14.3.4 Allnex
14.3.5 CHC
14.3.6 Chang Chun Group
14.3.7 Sanwa Chemical
