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Report
Melamine Formaldehyde Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 148 Pages I IMARC Group
Market Overview:
The global melamine formaldehyde market size reached 1,415 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,843 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
Melamine formaldehyde refers to a white, odorless and tasteless thermosetting plastic that hardens and strengthens upon heating. It is manufactured by the polymerization of formaldehyde with melamine and exhibits resistance against scratches, impact, moisture, heat and chemicals. In comparison to other thermoplastics, such as acetate, once melamine sets, it does not soften or melt and can retain its strength and shape upon reheating. It is commonly used in the production of laminates for surface walls, cabinets, sanitary ware, counters and household crockery items, such as cups, glasses, bowls and plates. It can also be converted into a foam with distinctive pore structures and used as an insulating and soundproofing material.
Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, a significant increase in the demand for melamine formaldehyde from various industries, such as construction, automotive, furniture, chemical and packaging, is providing a boost to the market growth. In line with this, in the construction industry, melamine formaldehyde is used for saturating decorative papers that are laminated under high heat and pressure. Owing to its various advantageous properties, such as thermal insulation and chemical resistance, it is also being used for manufacturing automobile interiors in the form of decorative laminates and surface coatings, which is acting as another growth-inducing factor. Other factors, including rapid urbanization, along with the utilization of melamine formaldehyde and bamboo mixture for producing environment-friendly products, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global melamine formaldehyde market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, grade, application and end-use industry.
Breakup by Product Type:
Methylated Formaldehyde
Non-Methylated Formaldehyde
Breakup by Grade:
Industrial Grade
Reagent Grade
Breakup by Application:
Laminates
Molding Powder
Paints
Surface Coatings
Adhesives
Thermal Insulation Foams
Others
Breakup by End-Use Industry:
Construction and Building
Packaging
Electronics
Wood and Furniture
Automotive
Chemicals
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Allnex Netherlands B.V., BASF SE, Borealis AG, Chimica Pomponesco S.p.A (Gruppo Frati S.p.A), Eurotecnica Contractors and Engineers S.p.A. (Proman Holding AG), Hexza Corporation Berhad, Georgia-Pacific Chemicals LLC, INEOS Capital Limited, Mitsui Chemicals, Hexion Inc. (Formerly- Momentive Performance Materials Holdings LLC), Nissan Chemical Industries Ltd., etc.
Key Questions Answered in This Report
1. What is the expected growth rate of the global melamine formaldehyde market 2023-2028?
2. What are the key factors driving the global melamine formaldehyde market?
3. What has been the impact of COVID-19 on the global melamine formaldehyde market?
4. What is the breakup of the global melamine formaldehyde market based on the grade?
5. What is the breakup of the global melamine formaldehyde market based on the application?
6. What is the breakup of the global melamine formaldehyde market based on the end-use industry?
7. What are the key regions in the global melamine formaldehyde market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Melamine Formaldehyde Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product Type
6.1Methylated Formaldehyde
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Non-Methylated Formaldehyde
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Grade
7.1Industrial Grade
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Reagent Grade
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1Laminates
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Molding Powder
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Paints
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Surface Coatings
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Adhesives
8.5.1 Market Trends
8.5.2 Market Forecast
8.6Thermal Insulation Foams
8.6.1 Market Trends
8.6.2 Market Forecast
8.7Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by End-Use Industry
9.1Construction and Building
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Packaging
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Wood and Furniture
9.4.1 Market Trends
9.4.2 Market Forecast
9.5Automotive
9.5.1 Market Trends
9.5.2 Market Forecast
9.6Chemicals
9.6.1 Market Trends
9.6.2 Market Forecast
9.7Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Allnex Netherlands B.V.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2BASF SE
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3Borealis AG
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4Chimica Pomponesco S.p.A (Gruppo Frati S.p.A)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5Eurotecnica Contractors and Engineers S.p.A. (Proman Holding AG)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6Georgia-Pacific Chemicals LLC
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7Hexion Inc. (Formerly- Momentive Performance Materials Holdings LLC)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8Hexza Corporation Berhad
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9INEOS Capital Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10Mitsui Chemicals
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11Nissan Chemical Industries Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
Figure 1: Global: Melamine Formaldehyde Market: Major Drivers and Challenges
Figure 2: Global: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017-2022
Figure 3: Global: Melamine Formaldehyde Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Melamine Formaldehyde Market: Breakup by Grade (in %), 2022
Figure 5: Global: Melamine Formaldehyde Market: Breakup by Application (in %), 2022
Figure 6: Global: Melamine Formaldehyde Market: Breakup by End-Use Industry (in %), 2022
Figure 7: Global: Melamine Formaldehyde Market: Breakup by Region (in %), 2022
Figure 8: Global: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 9: Global: Melamine Formaldehyde (Methylated Formaldehyde) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 10: Global: Melamine Formaldehyde (Methylated Formaldehyde) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 11: Global: Melamine Formaldehyde (Non-Methylated Formaldehyde) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 12: Global: Melamine Formaldehyde (Non-Methylated Formaldehyde) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 13: Global: Melamine Formaldehyde (Industrial Grade) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 14: Global: Melamine Formaldehyde (Industrial Grade) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 15: Global: Melamine Formaldehyde (Reagent Grade) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 16: Global: Melamine Formaldehyde (Reagent Grade) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 17: Global: Melamine Formaldehyde (Laminates) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 18: Global: Melamine Formaldehyde (Laminates) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 19: Global: Melamine Formaldehyde (Molding Powder) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 20: Global: Melamine Formaldehyde (Molding Powder) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 21: Global: Melamine Formaldehyde (Paints) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 22: Global: Melamine Formaldehyde (Paints) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 23: Global: Melamine Formaldehyde (Surface Coatings) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 24: Global: Melamine Formaldehyde (Surface Coatings) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 25: Global: Melamine Formaldehyde (Adhesives) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 26: Global: Melamine Formaldehyde (Adhesives) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 27: Global: Melamine Formaldehyde (Thermal Insulation Foams) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 28: Global: Melamine Formaldehyde (Thermal Insulation Foams) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 29: Global: Melamine Formaldehyde (Others) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 30: Global: Melamine Formaldehyde (Others) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 31: Global: Melamine Formaldehyde (Construction and Building) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 32: Global: Melamine Formaldehyde (Construction and Building) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 33: Global: Melamine Formaldehyde (Packaging) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 34: Global: Melamine Formaldehyde (Packaging) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 35: Global: Melamine Formaldehyde (Electronics) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 36: Global: Melamine Formaldehyde (Electronics) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 37: Global: Melamine Formaldehyde (Wood and Furniture) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 38: Global: Melamine Formaldehyde (Wood and Furniture) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 39: Global: Melamine Formaldehyde (Automotive) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 40: Global: Melamine Formaldehyde (Automotive) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 41: Global: Melamine Formaldehyde (Chemicals) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 42: Global: Melamine Formaldehyde (Chemicals) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 43: Global: Melamine Formaldehyde (Other End-Use Industries) Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 44: Global: Melamine Formaldehyde (Other End-Use Industries) Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 45: North America: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 46: North America: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 47: United States: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 48: United States: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 49: Canada: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 50: Canada: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 51: Asia Pacific: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 52: Asia Pacific: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 53: China: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 54: China: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 55: Japan: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 56: Japan: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 57: India: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 58: India: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 59: South Korea: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 60: South Korea: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 61: Australia: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 62: Australia: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 63: Indonesia: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 64: Indonesia: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 65: Others: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 66: Others: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 67: Europe: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 68: Europe: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 69: Germany: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 70: Germany: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 71: France: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 72: France: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 73: United Kingdom: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 74: United Kingdom: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 75: Italy: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 76: Italy: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 77: Spain: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 78: Spain: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 79: Russia: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 80: Russia: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 81: Others: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 82: Others: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 83: Latin America: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 84: Latin America: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 85: Brazil: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 86: Brazil: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 87: Mexico: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 88: Mexico: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 89: Others: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 90: Others: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 91: Middle East and Africa: Melamine Formaldehyde Market: Sales Volume (in '000 Tons), 2017 & 2022
Figure 92: Middle East and Africa: Melamine Formaldehyde Market Forecast: Sales Volume (in '000 Tons), 2023-2028
Figure 93: Global: Melamine Formaldehyde Industry: SWOT Analysis
Figure 94: Global: Melamine Formaldehyde Industry: Value Chain Analysis
Figure 95: Global: Melamine Formaldehyde Industry: Porters Five Forces Analysis
Table 1: Global: Melamine Formaldehyde Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Melamine Formaldehyde Market Forecast: Breakup by Product Type (in '000 Tons), 2023-2028
Table 3: Global: Melamine Formaldehyde Market Forecast: Breakup by Grade (in '000 Tons), 2023-2028
Table 4: Global: Melamine Formaldehyde Market Forecast: Breakup by Application (in '000 Tons), 2023-2028
Table 5: Global: Melamine Formaldehyde Market Forecast: Breakup by End-Use Industry (in '000 Tons), 2023-2028
Table 6: Global: Melamine Formaldehyde Market Forecast: Breakup by Region (in '000 Tons), 2023-2028
Table 7: Global: Melamine Formaldehyde Market Structure
Table 8: Global: Melamine Formaldehyde Market: Key Players
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