About Melamine Powder
Melamine powder is an odorless, innoxious, and white crystal powder that is soluble in the carbinol, formaldehyde, acetic acid, hot glycol, glycerin, and lightly soluble in water. The powder is widely used in the chemical industries especially manufacturing of plastic products and resins that are used in automotive surface coating, laminated decorative products. The increasing use of melamine resins across coatings, decorative panels, electrical, and pharmaceutical industries due to its water resistance, heat resistance, aging resistance, chemical resistance, and good insulation properties will accelerate the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Melamine Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sigma-Aldrich (United States), SGS & Company (India), Huaqiang Chemical Group Stock Co., Ltd. (China), Mitsui Chemicals (Japan), Borealis AG (Austria), Taino Chemical (China), OCI Nitrogen (Netherlands), Pristine Melamine LLP (India) and Alfa Aesar (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fisher Scientific (United States), Otto Chemie Pvt Ltd (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Melamine Powder market by , Application (Laboratory, Melamine Products, Resin, Chemical Industry and Others) and Region.
On the basis of geography, the market of Melamine Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Purity, the sub-segment i.e. 99% will boost the Melamine Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Melamine Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Technical Grade will boost the Melamine Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Growth of Melamine Formaldehyde Resin for Encapsulation
Market Growth Drivers:
Surging Demand of Decorative Laminates and Other Melamine Products and Increasing Use of Melamine Powder in the Chemical Industry for Manufacturing Plastic Products
Challenges:
Inferior Quality Melamine Tableware Causes Various Diseases
Restraints:
Stringent Regulations on the Application of Melamine Powder
Opportunities:
Application of High-Pressure Melamine Powder for Coating
In 2021, BASF SE launched a new range of melamine-based resins called Kaurit Light. These resins are designed to reduce formaldehyde emissions and improve.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Melamine Powder Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.