Market Overview:
The global melamine resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for composites from various end-use industries, such as construction and automotive. In terms of volume, the non-methylated segment is projected to grow at a higher rate than the methylated segment during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of volume during the forecast period.
Product Definition:
A synthetic resin that is used to make laminated plastic products, such as countertops, cupboards, and flooring. Melamine resin is also used in adhesives and coatings.
Methylated Melamine Resin:
Methylated melamine resin (MMS) is a synthetic compound, which is produced by adding ammonia to methyl methacrylate. MMS has the ability to cross-link with itself and other materials such as calcium formate or maleic anhydride. This property allows it to be used in high-temperature applications such as fire logs or wood cooking stoves.
Non-methylated Melamine Resin:
Non-methylated melamine resin is a form of melamine used in the production of high-quality melamine resins. It has applications in various industries such as automotive, construction, furniture and packaging. The demand for non-methylated melamine resin is expected to witness significant growth over the forecast period owing to its increasing application scope and growing consumption in China, which accounts for more than 80% share globally.
Application Insights:
The composite panels application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. The product is used to manufacture laminated composite panels, which are further utilized in architectural as well as transportation applications. Growing demand for lightweight and strong materials that are capable of withstanding extreme weather conditions is expected to drive the product demand over the forecast period.
The coating sector emerged as one of the prominent end-use sectors accounting for a share exceeding 15% in 2017 owing to increasing utilization of resins that offer superior performance characteristics such as chemical resistance, heat resistance, wear & abrasion resistance and flexibility at low cost when compared with other resins available in the market.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.1% in 2017, which can be attributed to rising demand from developing countries such as China, India, and Japan. In addition, increasing automobile production coupled with growing consumer disposable income levels are likely to drive product demand further.
The European market was valued at USD X million in 2017 and is projected to witness steady growth over the forecast period owing to high consumption levels of melamine resins across major end-use industries including automotive & transportation; packaging; coatings; textile; and papermaking among others.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing use of melamine resin in furniture and other interior applications
- Rising demand for lightweight, high-performance materials in transportation sector
- Proliferation of new applications for melamine resin across a wide range of industries
- Technological advancements that are making melamine resin more versatile and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Melamine Resin Market Research Report
By Type
Methylated Melamine Resin, Non-methylated Melamine Resin
By Application
Composite Panels, Coating, Textile, Papermaking
By Companies
BASF, Hexion, Georgia-Pacific Chemicals, Ineos Melamines, Mitsui, Arclin, GEO, Melamin Kemicna Tovarna
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Melamine Resin Market Report Segments:
The global Melamine Resin market is segmented on the basis of:
Types
Methylated Melamine Resin, Non-methylated Melamine 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
Composite Panels, Coating, Textile, Papermaking
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
- Hexion
- Georgia-Pacific Chemicals
- Ineos Melamines
- Mitsui
- Arclin
- GEO
- Melamin Kemicna Tovarna
Highlights of The 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:
- Methylated Melamine Resin
- Non-methylated Melamine Resin
- By Application:
- Composite Panels
- Coating
- Textile
- Papermaking
- 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 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?
Melamine resin is a type of plastic that is made from the chemical melamine. It is often used in products such as children's toys, kitchenware, and furniture.
Some of the key players operating in the melamine resin market are BASF, Hexion, Georgia-Pacific Chemicals, Ineos Melamines, Mitsui, Arclin, GEO, Melamin Kemicna Tovarna.
The melamine resin market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Melamine Resin 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 Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Melamine Resin Market - Supply Chain
4.5. Global Melamine Resin Market Forecast
4.5.1. Melamine Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Melamine Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Melamine Resin Market Absolute $ Opportunity
5. Global Melamine Resin 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 Resin Market Size and Volume Forecast by Type
5.3.1. Methylated Melamine Resin
5.3.2. Non-methylated Melamine Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Melamine Resin 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 Resin Market Size and Volume Forecast by Application
6.3.1. Composite Panels
6.3.2. Coating
6.3.3. Textile
6.3.4. Papermaking
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Melamine Resin 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 Resin 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 Resin 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 Resin 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 Resin Demand Share Forecast, 2019-2026
9. North America Melamine Resin 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 Resin 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 Resin Market Size and Volume Forecast by Application
9.4.1. Composite Panels
9.4.2. Coating
9.4.3. Textile
9.4.4. Papermaking
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Melamine Resin Market Size and Volume Forecast by Type
9.7.1. Methylated Melamine Resin
9.7.2. Non-methylated Melamine 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 Resin Demand Share Forecast, 2019-2026
10. Latin America Melamine Resin 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 Resin 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 Resin Market Size and Volume Forecast by Application
10.4.1. Composite Panels
10.4.2. Coating
10.4.3. Textile
10.4.4. Papermaking
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Melamine Resin Market Size and Volume Forecast by Type
10.7.1. Methylated Melamine Resin
10.7.2. Non-methylated Melamine 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 Resin Demand Share Forecast, 2019-2026
11. Europe Melamine Resin 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 Resin 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 Resin Market Size and Volume Forecast by Application
11.4.1. Composite Panels
11.4.2. Coating
11.4.3. Textile
11.4.4. Papermaking
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Melamine Resin Market Size and Volume Forecast by Type
11.7.1. Methylated Melamine Resin
11.7.2. Non-methylated Melamine 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 Resin Demand Share, 2019-2026
12. Asia Pacific Melamine Resin 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 Resin 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 Resin Market Size and Volume Forecast by Application
12.4.1. Composite Panels
12.4.2. Coating
12.4.3. Textile
12.4.4. Papermaking
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Melamine Resin Market Size and Volume Forecast by Type
12.7.1. Methylated Melamine Resin
12.7.2. Non-methylated Melamine 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 Resin Demand Share, 2019-2026
13. Middle East & Africa Melamine Resin 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 Resin 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 Resin Market Size and Volume Forecast by Application
13.4.1. Composite Panels
13.4.2. Coating
13.4.3. Textile
13.4.4. Papermaking
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Melamine Resin Market Size and Volume Forecast by Type
13.7.1. Methylated Melamine Resin
13.7.2. Non-methylated Melamine 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 Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Melamine Resin Market: Market Share Analysis
14.2. Melamine Resin Distributors and Customers
14.3. Melamine Resin 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. Hexion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Georgia-Pacific Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ineos Melamines
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsui
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arclin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GEO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Melamin Kemicna Tovarna
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
