Global Melamine Market 2024-2028
The melamine market is forecasted to grow by USD 378.5 mn during 2023-2028, accelerating at a CAGR of 3.83% during the forecast period. The report on the melamine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from construction industry, growth in automotive industry, and abundant availability of natural gas.
Technavio's melamine market is segmented as below:
By Application
- Laminates
- Adhesives resins
- Coating resins
- Others
By Type
- Melamine resin
- Melamine foam
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increased popularity of modular kitchens as one of the prime reasons driving the melamine market growth during the next few years. Also, increasing emergence of circular economy and increasing production of melamine and use of new technology will lead to sizable demand in the market.
The report on the melamine market covers the following areas:
- Melamine market sizing
- Melamine market forecast
- Melamine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading melamine market vendors that include AIM Capital Ltd., BASF SE, Chemisol Italia Srl, Cornerstone Chemical Co., Frati Luigi Spa, Grupa Azoty SA, Gujarat State Fertilizers and Chemicals Ltd., Hexion Inc., Huaqiang Chemical Group Stock Co. Ltd., LRBG Chemicals Inc., MITSUI and CO. LTD., Nissan Chemical Corp., OCI NV, OMV Aktiengesellschaft, Prefere Resins Holding GmbH, Proman GmbH, Qatar Fertiliser Co., Shandong Shuntian Chemical Group Co. Ltd., and Xinji Jiuyuan Chemical Co. Ltd.. Also, the melamine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.