The Report “Global Melamine Formaldehyde Market by Application (Laminates, Molding Powder, Adhesive, Coating), by Geography (North America, Europe, Asia-Pacific, RoW) - Analysis and Forecasts to 2019” is expected to reach a value of $4,450.3 Million by 2019, estimated to grow at a CAGR of 9.9 % from 2014 to 2019.
Browse through the TOC of “The Global Melamine Formaldehyde market” for an analysis of industry trends and segments, with the help of various tables and figures.
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Melamine Formaldehyde is a synthetic resin which is manufactured with the help of polymerization reaction of melamine and formaldehyde. Melamine has six functional groups, and is composed of aromatic s-triazine ring which makes melamine formaldehyde resins thermally resistant.
Due to the versatile properties of Melamine Formaldehyde resins, it witnesses a very strong demand from industries such as coatings, adhesives, textile, laminates, paper, leather, plywood and others. Furthermore, due to the interdependence on melamine demand and growth in end-use industries, any change is anticipated to affect the demand for melamine formaldehyde. In addition to this, various organizations such as U.S. Food and Drug Administration, Center for Food Safety and World Health Organization have directed some of the safety measure under which melamine could be used efficiently.
The Asia-Pacific region is the largest market in terms of consumption followed by Europe. The region has potential for this product due to increasing demand from the end-use industries such as packaging, building & construction, automobile, consumer goods, and others. In addition, growth in end-user industries is anticipated to surge the consumption of melamine formaldehyde.
The report covers the global melamine formaldehyde market which is segmented on basis of application, and geography. Globally, melamine formaldehyde is used in applications such as laminates, moulding powder, adhesive, coating and others.
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