The major participants operating in the Global Melamine Formaldehyde market are BASF SE (Germany), Borealis (Austria), Mitsui Chemicals (Japan), Chimica Pomponesco S.p.A (Italy), Allnex Belgium S.A. (Belgium), Chemplastica SpA (Italy), Ineos Melamines (Fechenheim), Eurotecnica (Greece), Qatar Melamine Company (Doha), Hexza Corporation Berhad (Malaysia), and among others.
There are four key players in Europe Melamine Formaldehyde market which hold comparatively high share of Melamine Formaldehyde. BASF S.E., a German based chemical manufacturing company focuses on product development and its expansion in new application areas such as sanitary ware, household appliances, acoustic insulation and others. Moreover in 2015, Allnex, Belgium based chemical manufacturing company signed an acquisition agreement with Águia Química to broaden its Melamine Formaldehyde facilities worldwide.
In 2012, Chemplastica SpA, Italy based organizations focused on research and development to develop technological advancement in Melamine Formaldehyde market. The company is one of the leading players in Melamine Formaldehyde globally.
Ineos Melamines, is another leading player in Global Melamine Formaldehyde which is simultaneously focusing on product development to retain its market position globally. Moreover, the company launched two products, which broadened the application of its products in nonwoven materials and fabrics. In November 2011, Qatar Melamine Company (Doha) signed an agreement with CAG KIMYA (Turkey), which helped the company cater nearly 45% of the region’s melamine consumption.
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