The Global Melamine market is forecast to reach USD 10.21 Billion by 2027, according to a new report by Reports and Data. Melamine, also known as triaminotriazine, has a molecular formula of C3H6N6, which is an organic compound. It is a trimer of cyanamide, comprising of 1, 3, 5-triazine skeleton. Like cyanamide, this organic compound comprises of 67% nitrogen by mass. The derivate of triaminotriazine has fire retardant traits as it releases nitrogen gas when charred or burned. Melamine resins can be produced from it, by combining with formaldehyde and other agents.
In regards to region, North America can be seen to occupy a significant share of the market. The market share held by the region is associated with well-established automotive sector and expanding construction sector.
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The report includes the latest coverage of the impact of COVID-19 on the Melamine industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
Key participants include Borealis AG, BASF SE, East China Engineering Science & Technology Co. Ltd (ECEC), Cornerstone Chemical Company, Gujarat State Fertilizers & Chemicals Ltd, Grupa Azoty Zaklady Azotowe Pulawy SA, Methanol Holdings (Trinidad) Limited (MHTL), INEOS Group, Momentive Specialty Chemicals Inc. and Mitsui Chemicals Inc.
For the purpose of this report, Reports and Data has segmented the automotive aftermarket wheels market on the basis of material type, coating type, size type, manufacturing process type, and region:
Forms Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Melamine Foam
- Melamine Resin
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Thermoset Plastics
- Wood Adhesives
- Surface Coatings
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End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
- Building & Construction
The key geographical regions analyzed in the report are:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key points from Table of Content:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Melamine Segmentation & Impact Analysis
Chapter 5. Melamine Market by Product Type Insights & Trends
Chapter 6. Melamine Market by Application Insights & Trends
The factors which affect the market are meticulously studied in the report:
- Estimation of the total size of the market and the key trends it has projected over the years.
- Examination of the market based on the range of products, applications, and market shares.
- Analysis of the market on the basis of end-users and applications and focus on the growth rate of each application.
The reasons to buy the Melamine Market Report are:
- Present scenario of the market and accurate speculation of the future trends are provided in the report.
- Proper explanations using segmentation and thus increasing comprehensibility.
- Regions that exhibit promising growth in the coming years.
- Meticulous studying of different strategies employed by the key players in the Melamine market.
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