Melamine Market Scope
Melamine is a chemical that has several industrial applications. In the USA, it is approved for use in the manufacturing of some cooking utensils, plastic products, plates, paper, paperboard, and industrial coatings, among other things. Besides, although it is not registered as a fertilizer in the USA, melamine has been used as a fertilizer in some parts of the world. Moreover, Melamine may be used in the manufacturing of packaging for food products, but is not FDA-approved for direct addition to human food or animal feeds marketed in the USA.
The competitive landscape of the melamine market includes information by competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance are all included. The data points mentioned above are only connected to the companies' focus on the melamine market. Research Analyst at AMA estimates that United States and Chinese Vendors will contribute to the maximum growth of Global Melamine market throughout the predicted period.
Haohua Junhua Group Co, Ltd. (China), OCI Nitrogen (Netherlands), BASF SE (Germany), Cornerstone Chemical Company (United States), Qatar Melamine Company (Qatar), Sichuan Golden Elephant Chemical (China), Mitsui Chemicals, Inc. (Japan), NISSAN CHEMICAL INDUSTRIES. LTD. (Japan), Methanol Holdings (Trinidad) Limited (United States) and Borealis AG (Austria) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are East China Engineering Science & Technology Co. Ltd (ECEC) (China), Grupa Azoty Zaklady Azotowe Pulawy SA (Poland), Gujarat State Fertilizers & Chemicals Ltd (India), INEOS Group (United Kingdom) and Methanol Holdings (Trinidad) Limited (MHTL) (Trinidad and Tobago).
Segmentation Overview
The study have segmented the market of Global Melamine market , by Application (Laminates, Wood Adhesives, Surface Coatings and Thermoset Plastics) and Region with country level break-up.
On the basis of geography, the market of Melamine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Influencing Trend:
Growing Demand for Melamine in the Automotive Industry Due To Increasing Use in Various Automotive Applications
Market Growth Drivers:
Growing Demand for the Melamine for Manufacturing Dinnerware and Upsurging Demand for Melamine from Construction Industry
Restraints:
Increasing Consumer Concerns about Formaldehyde Emission from Melamine-based Molding Compounds and Availability of Substitutes, like Liquefied Wood, Soy, and Powder Coatings
Opportunities:
Upsurging Demand from Developing Countries
Market Leaders and their Expansionary Development Strategies
In 2017, China’s Sichuan Golden Elephant Chemical Industry Group has started trial run at its new melamine plant in Fukang, Xinjiang. The melamine plant will have a production capacity of 100,000 tonnes/year.
In 2017, H.I.G. Capital, a leading global private equity investment firm with approximately USD 22 billion of equity capital under management, is pleased to announce that one of its affiliates has entered into a definitive agreement to sell its portfolio company, Cornerstone Chemical Company, to an affiliate of Littlejohn & Co. LLC, a leading private investment firm.
Key Target Audience
Melamine Manufacturers, Melamine Raw Material Suppliers, Melamine Traders/Distributors, Regulatory & Government Bodies, Upstream & Downstream Vendors, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.