Market Overview:
The Global Melamine Formaldehyde Resin Powder 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 decorative plates, tableware, and daily necessities across the globe. In addition, the growing construction industry is also fueling the demand for melamine formaldehyde resin powder in various applications such as flooring, wall paneling, and furniture. However, volatility in raw material prices may restrain market growth over the forecast period. On basis of type, methylation melamine formaldehyde resin accounted for a larger share of the global market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its superior properties such as high heat resistance and chemical resistance as compared to unmethylated melamine formaldehyde resin powder.
Product Definition:
Melamine formaldehyde resin powder is a synthetic resin that is used to make adhesives, coatings, and other products. It is made by combining melamine and formaldehyde in a process called condensation. The resulting powder can be dissolved in water to create an adhesive or coating. Melamine formaldehyde resin powder has many uses because it is strong, durable, and resistant to heat and chemicals. It can be used for applications such as flooring, furniture, cabinetry, countertops, and appliances.
Methylation Melamine Formaldehyde Resin:
Methylation melamine formaldehyde resin, commonly known as Melamine Formaldehyde Resin (MFHR) is a synthetic thermosetting polymer. It's produced by the reaction of methanol with methylalumina and formaldehyde. The product has high demand in end-use industries such as construction, electrical & electronics and automotive owing to its properties such as high strength, durability along with excellent weather resistance.
Unmethylated Melamine Formaldehyde Resin:
Unmethylated melamine formaldehyde resin is a by-product obtained during the manufacturing process of melamine formaldehyde resin. It contains high amount of formaldehyde and low amount of methyl amine. Unmethylated melamine formaldehyde resin has similar properties as that of methylated melamine formaldehyde resins such as good thermal stability, excellent surface hardness, and high density making it suitable for use in waterborne paints & coatings industry.
Application Insights:
The decorative plates segment led the global melamine formaldehyde resin powder market and accounted for more than 40% of the revenue share in 2017. The demand for this product is increasing due to its properties, such as lightweight, flexibility, and durability. These properties make it suitable for manufacturing dinnerware products including cups, bowls, and plates used at weddings or special events. Moreover, these products are considered to be an affordable alternative compared to ceramic ware or glassware which makes them highly preferred among consumers globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are projected to witness strong economic growth over the coming years on account of increasing foreign investments in various sectors such as construction, automotive and electrical & electronics industry. This will drive product demand across a broad range of applications from decorative plates to tableware products.
The growing population coupled with rising disposable income will result in increased consumption of daily necessities such as furniture covers, bedding sets etc., thereby driving product demand across Europe during the forecast period.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing use of melamine formaldehyde resin powder in composites and laminates
- Rising demand for lightweight materials in automotive and aerospace applications
- Technological advancements that have led to the development of new applications for melamine formaldehyde resin powder
- Growing awareness about the benefits of using melamine formaldehyde resin powder among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Melamine Formaldehyde Resin Powder Market Research Report
By Type
Methylation Melamine Formaldehyde Resin, Unmethylated Melamine Formaldehyde Resin
By Application
Decorative Plates, Tableware, Daily Necessities
By Companies
BASF, Allnex, INEOS Melamines, Hexion, Georgia-Pacific, Kronospan, AkzoNobel, Cytec, Momentive Specialty Chemicals, Tembec, Luxi 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Melamine Formaldehyde Resin Powder Market Report Segments:
The global Melamine Formaldehyde Resin Powder market is segmented on the basis of:
Types
Methylation Melamine Formaldehyde Resin, Unmethylated Melamine Formaldehyde Resin
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
Decorative Plates, Tableware, Daily Necessities
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:
- BASF
- Allnex
- INEOS Melamines
- Hexion
- Georgia-Pacific
- Kronospan
- AkzoNobel
- Cytec
- Momentive Specialty Chemicals
- Tembec
- Luxi Chemical
Highlights of The Melamine Formaldehyde Resin Powder 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:
- Methylation Melamine Formaldehyde Resin
- Unmethylated Melamine Formaldehyde Resin
- By Application:
- Decorative Plates
- Tableware
- Daily Necessities
- 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 Melamine Formaldehyde Resin Powder 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?
Melamine formaldehyde resin powder is a type of plastic that is made from the reaction of melamine and formaldehyde. It has a low melting point, so it can be easily molded into different shapes.
Some of the key players operating in the melamine formaldehyde resin powder market are BASF, Allnex, INEOS Melamines, Hexion, Georgia-Pacific, Kronospan, AkzoNobel, Cytec, Momentive Specialty Chemicals, Tembec, Luxi Chemical.
The melamine formaldehyde resin powder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Melamine Formaldehyde Resin Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Melamine Formaldehyde Resin Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Melamine Formaldehyde Resin Powder Market - Supply Chain
4.5. Global Melamine Formaldehyde Resin Powder Market Forecast
4.5.1. Melamine Formaldehyde Resin Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Melamine Formaldehyde Resin Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Melamine Formaldehyde Resin Powder Market Absolute $ Opportunity
5. Global Melamine Formaldehyde Resin Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
5.3.1. Methylation Melamine Formaldehyde Resin
5.3.2. Unmethylated Melamine Formaldehyde Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Melamine Formaldehyde Resin Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
6.3.1. Decorative Plates
6.3.2. Tableware
6.3.3. Daily Necessities
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Melamine Formaldehyde Resin Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Melamine Formaldehyde Resin Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Melamine Formaldehyde Resin Powder Demand Share Forecast, 2019-2026
9. North America Melamine Formaldehyde Resin Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
9.4.1. Decorative Plates
9.4.2. Tableware
9.4.3. Daily Necessities
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
9.7.1. Methylation Melamine Formaldehyde Resin
9.7.2. Unmethylated Melamine Formaldehyde Resin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Melamine Formaldehyde Resin Powder Demand Share Forecast, 2019-2026
10. Latin America Melamine Formaldehyde Resin Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
10.4.1. Decorative Plates
10.4.2. Tableware
10.4.3. Daily Necessities
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
10.7.1. Methylation Melamine Formaldehyde Resin
10.7.2. Unmethylated Melamine Formaldehyde Resin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Melamine Formaldehyde Resin Powder Demand Share Forecast, 2019-2026
11. Europe Melamine Formaldehyde Resin Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
11.4.1. Decorative Plates
11.4.2. Tableware
11.4.3. Daily Necessities
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
11.7.1. Methylation MelamineFormaldehyde Resin
11.7.2. Unmethylated Melamine Formaldehyde Resin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Melamine Formaldehyde Resin Powder Demand Share, 2019-2026
12. Asia Pacific Melamine Formaldehyde Resin Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
12.4.1. Decorative Plates
12.4.2. Tableware
12.4.3. Daily Necessities
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
12.7.1. Methylation Melamine Formaldehyde Resin
12.7.2. Unmethylated Melamine Formaldehyde Resin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Melamine Formaldehyde Resin Powder Demand Share, 2019-2026
13. Middle East & Africa Melamine Formaldehyde Resin Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Melamine Formaldehyde Resin Powder Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Application
13.4.1. Decorative Plates
13.4.2. Tableware
13.4.3. Daily Necessities
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Melamine Formaldehyde Resin Powder Market Size and Volume Forecast by Type
13.7.1. Methylation Melamine Formaldehyde Resin
13.7.2. Unmethylated Melamine Formaldehyde Resin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Melamine Formaldehyde Resin Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Melamine Formaldehyde Resin Powder Market: Market Share Analysis
14.2. Melamine Formaldehyde Resin Powder Distributors and Customers
14.3. Melamine Formaldehyde Resin Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Allnex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. INEOS Melamines
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Georgia-Pacific
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kronospan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AkzoNobel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cytec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Momentive Specialty Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tembec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Luxi Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
