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Melamine Market

Melamine Market for Adhesives & Sealants, Laminates, Molding Compounds, Paints & Coatings, and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Global Melamine Market: Key Highlights

  • The global demand for melamine is likely to reach cross US$ 2.8 Bn by 2027 with a CAGR of more than 4% from 2019-2027. Demand for melamine is largely attributed to strong growth in the global construction industry and rising demand for lightweight and low-emission automotives.
  • Melamine readily reacts with formaldehyde to produce melamine-formaldehyde (MF) resins. Several other types of melamine resins include melamine-urea-formaldehyde (MUF), hexamethoxymethyl, etherified melamine, and melamine pyrophosphate.
  • MF resins are widely employed in the manufacture of laminated wooden panels. These resins exhibit strong resistance to heat, stain, abrasion, and chemical reaction; thus, these are extensively employed in construction applications such as remodeling, furniture, and specialties laminates for electrical applications.
fa global melamine market

Global Melamine Market: Drivers and Opportunities

  • Rapid urbanization, increase in disposable income, and rise in standard of living are key factors contributing to robust growth of the building and construction industry. This is one of the key drivers for the melamine market.
  • Melamine foams exhibit high sound absorption capacity and possess an intrinsic property of flame retardancy. As a result, these foams are used in buildings, acoustic panels, suspended baffles, and metal ceiling panels.
  • Few companies such as BASF SE, OWA Sonex, and Zhong Yuan Da Hua Co. Ltd are engaged in the production of flexible melamine foams. These foams are employed in several applications in industries such as construction, transportation, and consumer products (including cleaners).
  • Melamine resins are also used in the production of adhesives that are largely employed in panel laminations, hotline fixing of car seats, headlamps, trim, and other interior component assemblies in the automotive industry. Thus, rising importance of lightweight vehicles with lower emissions and increased fuel efficiency is expected to eliminate the usage of fixtures such as screws, nuts, and clamps in automotive assembling.

Global Melamine Market: Application Overview

  • The melamine market is largely driven by demand for laminates in building & construction activities. In terms of volume, laminates accounted for more than 50% share of the global melamine market in 2018. MF resin laminates exhibit strong resistance to heat and chemicals. These resins are employed in the production of high-pressure and low-pressure laminates, which are used in kitchen, furniture, exterior wall cladding, partition walls, and laminated floorings.
  • Adhesives & sealants is another key application of melamine; this segment is projected to witness above-average growth rate during the forecast period. Other key applications of melamine include molding compounds, paints & coatings, flame retardants, textile resins, concrete plasticizers, and paper finish.
  • MF resins exhibit strong thermosetting properties. Hence, these are molded into a variety of translucent and heat-resistant products that are odorless and tasteless. Fillers such as purified alpha-cellulose pigments and dyes are also incorporated in the plastic to produce a variety of plastic products. These include tableware, ashtrays, pot handles, appliance components, insulators, and toys.

Global Melamine Market: Regional Insights

  • Asia Pacific dominated the global melamine market, constituting over 60% share in 2018. China is the largest manufacturer and consumer of melamine along with India, Indonesia, New Zealand, and Malaysia.
  • Europe is the second-largest market for melamine globally with Germany being the largest producer as well as consumer of melamine in the region. The melamine market in Eastern Europe is projected to depict above-average growth rate as the production of wood-based panels and laminates has gradually shifted from Western Europe to Eastern Europe. Countries in Eastern Europe including Turkey, Russia, and Poland are anticipated to exhibit high growth in the melamine market during the forecast period.
  • The U.S. constitutes the largest market for melamine in North America accounting for over 80% market share in 2018. High pressure and low pressure laminates are the major applications of melamine in laminates in North America. Latin America is expected to exhibit high growth owing to strong demand for melamine in laminates and paper finish applications. Brazil is one of the key regions in the melamine market in Latin America.

Global Melamine Market: Competition Landscape

  • The global melamine market is fragmented. The top seven players in the global melamine market accounted for more than 35% share in 2018. Key players operating in the market include
    • OCI N.V.
    • Borealis AG
    • BASF SE
    • Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP)
    • Methanol Holdings (Trinidad) Limited (MHTL)
    • Qatar Melamine Company (QMC)
    • Cornerstone Chemical Company
    • Xinji Jiuyuan Chemical Co. Ltd.
  • In December 2019, OCI N.V. Dakota Gasification Company and Dyno Nobel Enter into Exclusive Marketing Agreement for DEF, Urea Liquor and Automotive Grade Urea in North America.
  • In January 2019, 1st batch of melamine was manufactured using Casale LEM process, basic design and and proprietary equipment. In 2015, GSFC and Casale has signed a contract for new 40 kilo tons plant.
  • In April 2017, Japan’s Mitsui Chemicals restarted its melamine production plant which was shut down for due to technical issue.

Global Melamine Market: Segmentation

Attribute Detail
Applications
  • Adhesives & sealants
  • Laminates
  • Molding compounds
  • Paints & coatings
  • Others
Region
  • North America
  • Europe
  • Asia
  • Pacific
  • Middle East
  • Latin America

Frequently Asked Questions

What is the Melamine Market Size?

Melamine Market is likely to reach cross US$ 2.8 Bn by the end of 2027

What is the CAGR for Melamine Market?

Melamine Market is expected to grow at a CAGR of 4% during 2019-2027

What are the key factors driving the growth of the Melamine Market?

The melamine market is largely driven by demand for laminates in building & construction activities.

Which region is more attractive for vendors in the Melamine Market?

Asia Pacific is a more attractive region for vendors in the Melamine Market

Who are the key players in the Melamine Market?

Key vendors in the melamine market OCI N.V. Borealis AG BASF SE Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP) Methanol Holdings (Trinidad) Limited (MHTL) Qatar Melamine Company (QMC) Cornerstone Chemical Company Xinji Jiuyuan Chemical Co. Ltd

    1. Preface

        1.1. Report Description

        1.2. Market Segmentation

        1.3. Research Scope

        1.4. Research Methodology

        1.5. Assumptions

    2. Executive Summary

        2.1. Global Melamine Market, Volume and Revenue, (Kilo Tons) (US$ Mn), 2018-2027

        2.2. Market Snapshot

    3. Industry Analysis

        3.1. Introduction

        3.2. Value Chain Analysis

        3.3. Market Dynamics

            3.3.1. Driver 1- Strong growth in global construction industry

            3.3.2. Driver 2- Rising demand for lightweight and low-emission automotive to expand application of melamine in product assembly

            3.3.3. Restraint 1 – Volatility in prices of raw materials

            3.3.4. Restraint 2 – Increasing consumer concerns about formaldehyde emission from melamine-based molding compounds

            3.3.5. Opportunity 1 – Melamine foams is anticipated to offer growth opportunities for melamine market in near future

        3.4. Porter’s Five Forces Analysis

        3.5. Market Attractiveness Analysis – Melamine Market, By Application

        3.6. Company Market Share – Melamine Market, % Share, 2018

    4. Melamine - Price Trend Analysis, 2018-2027 (US$/Ton)

    5. Market Segmentation (By Application)

        5.1. Global Melamine Market – Application Overview

        5.2. Global Melamine Market for Adhesives & Sealants Application, 2018-2027 (Kilo Tons) (US$ Mn)

        5.3. Global Melamine Market for Laminates Application, 2018-2027 (Kilo Tons) (US$ Mn)

        5.4. Global Melamine Market for Molding Compounds Application, 2018-2027 (Kilo Tons) (US$ Mn)

        5.5. Global Melamine Market for Paints & Coatings Application, 2018-2027 (Kilo Tons) (US$ Mn)

        5.6. Global Melamine Market for Other Applications, 2018-2027 (Kilo Tons) (US$ Mn)

    6. Market Segmentation (By Region)

        6.1. Global Melamine Market – Regional Overview

        6.2. North America Melamine Market Overview

            6.2.1. North America Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.2.2. North America Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.2.3. U.S. Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.2.4. U.S. Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.2.5. Rest of North America Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.2.6. Rest of North America Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

        6.3. Europe Melamine Market Overview

            6.3.1. Europe Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.2. Europe Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.3. France Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.4. France Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.5. U.K. Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.6. U.K. Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.7. Spain Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.8. Spain Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.9. Germany Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.10. Germany Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.11. Italy Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.12. Italy Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.3.13. Rest of Europe Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.3.14. Rest of Europe Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

        6.4. Asia Pacific Melamine Market Overview

            6.4.1. Asia Pacific Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.4.2. Asia Pacific Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.4.3. China Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.4.4. China Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.4.5. Japan Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.4.6. Japan Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.4.7. ASEAN Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.4.8. ASEAN Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.4.9. Rest of Asia Pacific Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.4.10. Rest of Asia Pacific Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

        6.5. Latin America Melamine Market Overview

            6.5.1. Latin America Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.5.2. Latin America Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.5.3. Brazil Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.5.4. Brazil Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.5.5. Rest of Latin America Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.5.6. Rest of Latin America Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

        6.6. Middle East & Africa (MEA) Melamine Market Overview

            6.6.1. Middle East & Africa Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.6.2. Middle East & Africa Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.6.3. GCC Countries Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.6.4. GCC Countries Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.6.5. South Africa Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.6.6. South Africa Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

            6.6.7. Rest of Middle East & Africa Melamine Market Volume, by Application, 2018-2027 (Kilo Tons)

            6.6.8. Rest of Middle East & Africa Melamine Market Revenue, by Application, 2018-2027 (US$ Mn)

    7. Company Profiles

        7.1. Borealis AG

        7.2. BASF SE

        7.3. Cornerstone Chemical Company

        7.4. Gujarat State Fertilizers & Chemicals Ltd. (GSFC),

        7.5. Mitsui Chemicals Inc.

        7.6. Methanol Holdings (Trinidad) Limited (MHTL)

        7.7. Nissan Chemical Industries Ltd.

        7.8. OCI N.V.

        7.9. Qatar Melamine Company (QMC)

        7.10. Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP)

    8. Primary Research - Key findings

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Melamine Market

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