North America Melamine Urea Formaldehyde Market by Application (Particleboard, Medium Density Fiberboard, Plywood, Oriented Strand Board, Others), by Country (U.S., Canada, Mexico) - – Analysis & Forecast to 2019

Melamine Urea Formaldehyde (MUF) resin is a thermosetting polymer type, which is produced by the reaction between urea with melamine and formaldehyde. MUF resins are mostly preferable because of its low cost and high water-resistance, as compared to Melamine Formaldehyde (MF) and Urea Formaldehyde (UF) resins.  Presently, the MUF resins are being widely used as an adhesive in wood production, coating technologies, paper industries, and also as a main material in kitchenware production. MUF is produced with the combination of Melamine, Urea, and Formaldehyde. It is used in a wide range of consumer products.

The North America Melamine Urea Formaldehyde market is estimated to grow at a CAGR of 10.2% from 2014 to 2019. The substitute properties of MUF, which enable its use in place of UF and MF, and the urbanization of the furniture industry are among the key factors driving the market growth. On the other hand, the harmful health and environmental effects of formaldehyde vapors and the stringent regulations in North America are likely to restrain the market growth in the coming years.

The U.S. dominated the North American market for MUF, having accounted for nearly 90% of the total market share in 2014, followed by Canada. Canada is expected to become a major market for MUF in the coming years, having been projected to grow at the fastest CAGR of over 12%, in terms of value, during the given forecast period, owing to the presence of some potential players in the country (such as Tembec Inc.).

An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in the North America MUF market has been covered in this report. The major companies in this market include Momentive Specialty Chemicals (U.S.), AkzoNobel (Netherlands), Ineos Melamine Company, Allnex Belgium S.A., BASF SE (Germany), Georgia-Pacific LLC (U.S.), Tembec Inc., and Cytec Industries Inc., among others.

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of Melamine Urea Formaldehyde Market
    2.2 Arriving at the Melamine Urea Formaldehyde Market Size
           2.2.1 Top Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Ingredient Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 19)

4 Market Overview (Page No. - 20)
    4.1 Introduction
    4.2 Melamine Urea Formaldehyde Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 North America Melamine Urea Formaldehyde Market,  By Application (Page No. - 26)
    5.1 Introduction
    5.2 Melamine Urea Formaldehyde in Particleboard, By Country
    5.3 Melamine Urea Formaldehyde in Medium Density Fiberboard (MDF),By Country
    5.4 Melamine Urea Formaldehyde in Plywood, By Country
    5.5 Melamine Urea Formaldehyde in Oriented Strand Board (OSB), By Country

6 North America Melamine Urea Formaldehyde Market,  By Country (Page No. - 39)
    6.1 Introduction
    6.2 U.S. Melamine Urea Formaldehyde Market, By Application
    6.3 Canada Melamine Urea Formaldehyde Market, By Application
    6.4 Rest of North America Melamine Urea Formaldehyde Market,By Application

7 North America Melamine Urea Formaldehyde Market: Competitive Landscape (Page No. - 51)
    7.1 Melamine Urea Formaldehyde Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions
    7.4 New Product Launch
    7.5 Joint Ventures
    7.6 Agreements

8 North America Melamine Urea Formaldehyde Market,  By Company (Page No. - 56)    (Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 Akzonobel Chemicals
    8.2 Momentive Specialty Chemicals
    8.3 Tembec Inc.
    8.4 Allnex Belgium S.A.
    8.5 BASF S.E.
    8.6 Ineos Melamines
    8.7 Cytec Industries Inc.
    8.8 Georgia-Pacific LLC
*Details On Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

9 Appendix (Page No. - 74)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Impact Analysis
           9.1.5 Trade Analysis
           9.1.6 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (40 Tables)

Table 1 Melamine Urea Formaldehyde Peer Market Size, 2014 (USD MN)
Table 2 North America MUF Market: Comparison With Parent Market, 2012–2019 (USD ‘000)
Table 3 North America MUF Market: Comparison With Parent Market, 2012–2019 (Tons)
Table 4 North America MUF Market: Drivers and Inhibitors
Table 5 North America MUF Market, By Application,  2012-2019 (USD ‘000)
Table 6 North America MUF Market, By Application,2012-2019 (Tons)
Table 7 Melamine Urea Formaldehyde Market: Comparison With Application Markets, 2012-2019 (USD MN)
Table 8 North America MUF Market, By Application,  2012-2019 (USD ‘000)
Table 9 North America MUF Market, By Application,2012-2019 (Tons)
Table 10 North America MUF in Particleboard,By Country, 2012-2019 (USD ‘000)
Table 11 North America MUF in Particleboard,By Country, 2012-2019 (Tons)
Table 12 North America MUF in Medium Density Fiberboard (MDF), By Country, 2012-2019 (USD ‘000)
Table 13 North America MUF in Medium Density Fiberboard (MDF), By Country, 2012-2019 (Tons)
Table 14 North America MUF in Plywood,  By Country, 2012-2019 (USD ‘000)
Table 15 North America MUF in Plywood,  By Country, 2012-2019 (Tons)
Table 16 North America MUF in Oriented Strand Board (OSB), By Country, 2012-2019 (USD ‘000)
Table 17 North America MUF in Oriented Strand Board (OSB), By Country, 2012-2019 (Tons)
Table 18 North America MUF Market, By Country,2012-2019 (USD ‘000)
Table 19 North America MUF Market, By Country,2012-2019 (Tons)
Table 20 U.S. Melamine Urea Formaldehyde Market, By Application,2012-2019 (USD ‘000)
Table 21 U.S. Melamine Urea Formaldehyde Market, By Application,  2012-2019 (Tons)
Table 22 Canada Melamine Urea Formaldehyde Market, By Application,  2012-2019 (USD ‘000)
Table 23 Canada Melamine Urea Formaldehyde Market, By Application,  2012-2019 (Tons)
Table 24 Rest of North America MUF Market,By Application, 2012-2019 (USD ‘000)
Table 25 Rest of North America MUF Market,By Application, 2012-2019 (Tons)
Table 26 Melamine Urea Formaldehyde Market: Company Share Analysis,  2014 (%)
Table 27 Melamine Urea Formaldehyde Market: Mergers & Acquisitions
Table 28 Melamine Urea Formaldehyde Market: Expansions
Table 29 Melamine Urea Formaldehyde Market: New Product Launch
Table 30 Melamine Urea Formaldehyde Market: Joint Ventures
Table 31 Melamine Urea Formaldehyde Market: Agreements
Table 32 Akzonobel Chemicals: Key Financials, 2010-2014 (USD MN)
Table 33 Momentive Specialty Chemicals, Key Financials, 2009-2014 (USD MN)
Table 34 Momentive Specialty Chemicals: Revenue Mix, 2009-2014 (USD MN)
Table 35 Tembec Inc., Revenue Mix, 2009-2014 (USD MN)
Table 36 Tembec Inc.: Key Financials, 2009-2013 (USD MN)
Table 37 BASF S.E.: Key Financial Data , 2009-2013 (USD MN)
Table 38 BASF S.E.: Revenue Mix, 2009-2013 (USD MN)
Table 39 Cytec Industries Inc.: Revenue Mix, 2010-2014 (USD MN)
Table 40 Cytec Industries Inc.: Key Financial Data, 2010-2014 (USD MN)

List of Figures (37 Figures)

Figure 1 North America MUF Market: Segmentation & Coverage
Figure 2 Melamine Urea Formaldehyde Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Ingredient Based Approach
Figure 7 Global Melamine Urea Formaldehyde Market: Snapshot
Figure 8 North America MUF Market, Comparison With Parent Market, 2012- 2019 (Usd’ 000)
Figure 9 North America MUF Market, By Application,2014 vs 2019
Figure 10 Global Melamine Urea Formaldehyde Market, Comparison With Application Market, 2012- 2019 (USD MN)
Figure 11 Melamine Urea Formaldehyde: Application Market Scenario
Figure 12 North America MUF Market, By Application,2014 & 2019 (USD ‘000)
Figure 13 North America MUF Market, By Application,2014 & 2019 (Tons)
Figure 14 North America MUF Market in Particleboard,By Country, 2012-2019 (USD ‘000)
Figure 15 North America MUF Market in Particleboard,By Country, 2012-2019 (Tons)
Figure 16 North America MUF Market in Medium Density Fiberboard (MDF), By Country, 2012-2019 (USD ‘000)
Figure 17 North America MUF Market in Medium Density Fiberboard (MDF), By Country, 2012-2019 (Tons)
Figure 18 North America MUF Market in Plywood,By Country, 2012-2019 (USD ‘000)
Figure 19 North America MUF Market in Plywood,By Country, 2012-2019 (Tons)
Figure 20 North America MUF Market in Oriented Strand Board (MDF), By Country, 2012-2019 (USD ‘000)
Figure 21 North America MUF Market in Oriented Strand Board (OSB), By Country, 2012-2019 (Tons)
Figure 22 North America MUF Market: Growth Analysis,By Country, 2014 & 2019 (USD ‘000)
Figure 23 North America MUF Market: Growth Analysis,By Country, 2014 & 2019 (Tons)
Figure 24 U.S. Melamine Urea Formaldehyde Market, By Application, 2012-2019 (USD ‘000)
Figure 25 U.S. Melamine Urea Formaldehyde Market: Application Snapshot
Figure 26 Canada Melamine Urea Formaldehyde Market, By Application,2012-2019 (USD ‘000)
Figure 27 Canada Melamine Urea Formaldehyde Market: Application Snapshot
Figure 28 Rest of North America Melamine Urea Formaldehyde Market,By Application, 2012-2019 (USD ‘000)
Figure 29 Rest of North America Melamine Urea Formaldehyde Market: Application Snapshot
Figure 30 Melamine Urea Formaldehyde Market: Company Share Analysis,  2014 (%)
Figure 31 Akzonobel Chemicals: Revenue Mix 2013 (%)
Figure 32 Momentive Specialty Chemicals: Revenue Mix, 2014 (%)
Figure 33 Tembec Inc.: Revenue Mix, 2014 (%)
Figure 34 BASF S.E.: Revenue Mix, 2013 (%)
Figure 35 Contribution of Chemicals Segment Towards Company Revenues,2009-2013 (USD MN)
Figure 36 Ineos Melamines: Revenue Mix, 2014 (%)
Figure 37 Cytec Industries Inc.: Revenue Mix, 2014 (%)

Melamine Urea Formaldehyde (MUF) resin is a thermosetting polymer type, which is produced by the reaction between urea with melamine and formaldehyde. MUF resins are mostly preferable because of its low cost and high water-resistance, as compared to Melamine Formaldehyde (MF) and Urea Formaldehyde (UF) resins. The key applications of MUF include particleboard, plywood, Medium Density Fiberboard (MDF), and Oriented Strand Board (OSB).

The North America Melamine Urea Formaldehyde market, in terms of value, is projected to reach $219.9 million by 2019, from $135.4 million in 2014, at a CAGR of 10.2% from 2014 to 2019. The substitute properties of MUF, which enable its use in place of UF and MF, and the urbanization of the furniture industry are among the key factors driving the market growth. On the other hand, the harmful health and environmental effects of formaldehyde vapors and the stringent regulations in North America are likely to restrain the market growth in the coming years.  

Based on applications, the MUF market has been segmented into particleboard, plywood, medium density fireboard (MDF), and oriented strand board (OSB). The particleboard segment held the largest market share of nearly 86%, by volume, in 2014.

Based on countries, the North America Melamine Urea Formaldehyde market has been segmented into the U.S., Canada, and Rest of North America. The U.S. held the largest market share of 90%, by volume, in 2014. The Canadian market is projected to grow at the fastest CAGR of over 12% during the given forecast period.

The major companies in this market include Momentive Specialty Chemicals (U.S.), AkzoNobel (Netherlands), Ineos Melamine Company, Allnex Belgium S.A., BASF SE (Germany), Georgia-Pacific LLC (U.S.), Tembec Inc., and Cytec Industries Inc., among others.