High heat melamine foam is manufactured by utilizing formaldehyde-melamine-solution bisulfate copolymer. The high-heat melamine foam is soft and low-density material. Melamine is halide free material that prevents them against radiation and the release of toxic gas when it comes in the contact with heat & flames. In recent years, the demand for high heat melamine foam has risen dramatically due to the growing use for insulation coupled with the growing awareness among consumers relating to the environmental benefit of foam insulation. Additionally, rapid urbanization and changing lifestyles in emerging economies increase the development of the construction industries which in turn propels the demand for the high heat melamine foam across the globe. However, the fluctuation in the raw material price of the high-heat melamine foam is creating challenges for the manufacturer.
The High Heat Melamine Foam Market is expected to grow at a steady rate of around 12% owing to the increasing utilization of the high heat melamine foam in buildings & construction, metal ceiling panels, and acoustic panels coupled with the changing living standard and growing environmental awareness across the world. Major companies in the market offer high-heat melamine foam for automotive and construction applications with technologically advanced features. For instance, Volkswagen starts using BASF’s sound-absorbing melamine foam for its EA888 engine which helps to reduce the overall temperature of the vehicle engine.
Based on the product, the market is segmented into rigid melamine foam, semi-rigid melamine foam, and flexible melamine foam. Among them, the semi-rigid melamine foam accounted for the higher market share during the forecast period due to its increasing application in the industrial sector and transportation sectors. Also, semi-rigid melamine is widely used in the plastic industry due to its superior flame retardancy, better sound absorbing properties, better heat resistance & fire-retardant properties which propels the semi-rigid melamine foam market.
Based on application, the market is categorized into aerospace, railways, industrial, automotive, and other. Among these, the automotive sector accounted for the significant market growth during the forecast period due to their uses for the energy-saving application. Also, high-heat melamine foam provides heat insulation, sound absorption, fire resistance, and thermos-forming in the automotive industries. Additionally, the lower weight of the high-heat melamine foam prevents the heating of the vehicle and due to the lower weight gives overall operational efficiency.
For a better understanding of the market adoption of the High Heat Melamine Foam industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the changing lifestyles backed by growing disposable income and surging per capita spending of individuals in the region is driving the growth of the market. Moreover, the increasing size of the construction, automotive, and transport sectors is growing the demand for high-heat melamine foam in the region. Also, the ability to withstand the higher temperature of 800C-2000C or above and higher temperature operational activities, and higher thermal stability are increasing the demand for high heat melamine foam in the continent. Additionally, the presence of the major player in the market and the increasing number of investments and mergers & acquisitions in the region is the key driving factor for the growth. Such as BASF group acquired Solvay’s Polyamide business in the year 2020 for Euro 1319 million. However, Asia-Pacific also witnesses significant market growth during the forecast period owing to the increasing development and industrialization coupled with the growing population.
Some of the major players operating in the market include Acoustafoam, Clark Foam, CMS Danskin Acoustics Limited, PUYANG GREEN FOAM, MNM COMPOSITES PVT. LTD, Asian Glory Chemical Company Limited, Wilhams Insulation, Zhejiang Ya Dina New Material Technology Co. Ltd., Puren Gmbh, and SIG plc.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stakeholders
1.4. Currency used in Report
RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the High Heat Melamine Foam Market
2 2.2. Research Methodology of the High Heat Melamine Foam Market
2.3. Forecasting Method
2.4. Respondent Profile
2.5. Main Objective of the High Heat Melamine Foam Market Study
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE HIGH HEAT MELAMINE FOAM MARKET
6 GLOBAL HIGH HEAT MELAMINE FOAM MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY PRODUCT
7.1. Rigid Melamine Foam
7.2. Semi-Rigid Melamine Foam
7.3. Flexible Melamine Foam
8 MARKET INSIGHTS BY APPLICATION
8.1. Aerospace
8.2. Railways
8.3. Industrial
8.4. Automotive
8.5. Others
9 MARKET INSIGHTS BY REGION
9.1 NORTH AMERICA HIGH HEAT MELAMINE FOAM MARKET
9.1.1 United States
9.1.2 Canada
9.1.3 Rest of North America
9.2 EUROPE HIGH HEAT MELAMINE FOAM MARKET
9.2.1 Germany
9.2.2 France
9.2.3 United Kingdom
9.2.4 Spain
9.2.5 Italy
9.2.6 Rest of Europe
9.3 ASIA PACIFIC HIGH HEAT MELAMINE FOAM MARKET
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 Australia
9.3.5 Rest of Asia Pacific
9.4 REST OF THE WORLD HIGH HEAT MELAMINE FOAM MARKET
10 HIGH HEAT MELAMINE FOAM MARKET DYNAMICS
10.1 Market Drivers
10.2 Market Challenges
10.3 Impact Analysis
11 HIGH HEAT MELAMINE FOAM MARKET OPPORTUNITIES
12 HIGH HEAT MELAMINE FOAM MARKET TRENDS & INSIGHTS
13 DEMAND AND SUPPLY SIDE ANALYSIS
13.1 Demand Side Analysis
13.2 Supply Side Analysis
14 VALUE CHAIN ANALYSIS
15 COMPETITIVE SCENARIO
15.1. Competitive Landscape
15.1.1 Porter’s Five forces analysis
16 COMPANY PROFILED
16.1. Acoustafoam
16.2. Clark Foam
16.3. CMS Danskin Acoustics Limited
16.4. PUYANG GREEN FOAM
16.5. MNM COMPOSITES PVT. LTD.
16.6. Asian Glory Chemical Company Limited
16.7. Wilhams Insulation
16.8. Zhejiang Ya Dina New Material Technology Co. Ltd.