Melamine Formaldehyde Market
Melamine Formaldehyde Market Study by Methylated and Non-methylated for Laminates, Wood Adhesives, Molding Powder, and Coatings from 2024 to 2034
Analysis of Melamine Formaldehyde Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Melamine Formaldehyde Market Outlook (2024 to 2034)
The global melamine formaldehyde market is set to reach a valuation of US$ 722.5 million in 2024, according to a recently updated industry report by Fact.MR. Worldwide sales of melamine formaldehyde are calculated to accelerate at a CAGR of 6.5% and reach US$ 1.36 billion by the end of 2034.
Expansion of the building & construction industry in several countries, especially India, China, and Brazil is attributed to rapid industrialization and infrastructural development. Increasing construction of residential and non-residential complexes is contributing to the rising consumption of melamine formaldehyde in products related to laminates, sanitary ware, paints & coatings, adhesives, electrical appliances, and tableware
Expansion of the furniture market is being complemented by the rising demand for luxury furniture, increasing popularity of multi-functional versatile furniture, and popular trends of home offices. This is subsequently contributing to rising demand for furniture, and in parallel, paints & coatings, laminates, and adhesives. These factors are driving demand for melamine formaldehyde as one of the vital components used in several products the furniture industry.
Melamine formaldehyde is used in the automotive sector due to its tolerance to heat and high strength. It is utilized in molding compounds for trimming ornamental panels and pieces in automotive interiors. An expansion of the automotive industry will contributing to the rising demand for melamine formaldehyde over the coming years.
- East Asia is evaluated to capture 26.2% of the global melamine formaldehyde market share by 2034.
- Sales of melamine formaldehyde in South Korea are analyzed to climb at a CAGR of 10% from 2024 to 2034.
- Worldwide demand for liquid melamine formaldehyde is evaluated to increase at 6.6% CAGR and reach a market value of US$ 778.4 million by the end of 2034.
Report Attribute | Detail |
---|---|
Melamine Formaldehyde Market Size (2024E) | US$ 722.5 Million |
Forecasted Market Value (2034F) | US$ 1.36 Billion |
Global Market Growth Rate (2024 to 2034) | 6.5% CAGR |
Japan Market Growth Rate (2024 to 2034) | 7.3% CAGR |
Market Share of Laminates (2034F) | 15.9% |
North America Market Share (2034F) | 24.7% |
Key Companies Profiled | Chimica Pomponesco S.p.A; BASF SE; Qatar Melamine Company; Chemplastica; Hexion; Allnex Belgium S.A.; Georgia Pacific Chemicals; Arclin Inc.; Prefere Resins Holding GmbH; Mitsui Chemicals; OCI Nitrogen BV; Eurotecnica. |
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Which Key Melamine Formaldehyde Market Trends are Driving its Demand?
“Rising Consumption of Melamine Formaldehyde in Construction Industry”
Continuous expansion of the construction industry is contributing to the rising consumption of melamine formaldehyde. It is widely employed in constructing high-rise skyscrapers and various other long-lasting constructions as concrete plasticizers. It is also combined with wood waste products used frequently in the construction industry. Melamine formaldehyde is helpful in matching green building criteria.
“Growing Requirements for Melamine Formaldehyde Resins in Furniture Industry”
One of the prominent consumers of melamine formaldehyde is the wood & furniture industry. Growing consumption of melamine formaldehyde is generating remunerative opportunities for market players. In addition, constant technical advancements in the furniture industry along with the growing preference for aesthetics in home interior are contributing to increasing market prospects.
What is Forecasted to Restrain Global Market Growth to Some Extent?
“Fluctuating Cost of Raw Materials and Stringent Environmental Restrictions”
Melamine formaldehyde market growth is being hampered to some extent by constant fluctuations in the cost of raw materials used in the production of this polymer. Urea or natural gas is generally used in manufacturing melamine formaldehyde, and fluctuations in their prices are contributing to increased cost of the final product. In addition, the implementation of stringent government regulations is also limiting the demand growth for melamine formaldehyde.
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How are Startups Contributing to This Business Space?
“Expanding Melamine Formaldehyde Production Capacity”
New market players are focusing on increasing their production capacity. They are investing more in offering more effective melamine formaldehyde with improved durability and appearance. With improved chemical resistance, heat resistance, and hardness, melamine formaldehyde is becoming more popular among respective end users. Startups are leveraging these opportunities and offering more qualitative products to end users.
Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, through its recently updated report, opined that East Asia is analyzed to capture 26.2% share of the global market by 2034. The growing construction of housing buildings with the increasing population in the region is driving demand for melamine formaldehyde. Moreover, an expansion of the automotive and packaging industries is driving demand for melamine formaldehyde for production purposes.
What is Contributing to Expanding Melamine Formaldehyde Market Size in the United States?
“Surging Demand for Melamine Formaldehyde Products for Manufacturing Purposes across End-use Industries”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 134.2 Million |
Growth Rate (2024 to 2034) | 6.3% CAGR |
Projected Value (2034F) | US$ 246.2 Million |
The United States is set to occupy a share of 73.5% of the North American market by the end of 2034. There is a noteworthy increase in the demand for melamine formaldehyde from various end-use industries, including vehicles, building & construction, consumer products, packaging, etc. It is consumed in these industries for manufacturing purposes. Laminates, plywood, and particleboards are made with the use of melamine formaldehyde resins.
Why is There Increased Consumption of Melamine Formaldehyde in China?
“Rising Use for Melamine Formaldehyde in Producing Furniture”
Attribute | China |
---|---|
Market Value (2024E) | US$ 91.7 Million |
Growth Rate (2024 to 2034) | 8.3% CAGR |
Projected Value (2034F) | US$ 203.6 Million |
China is evaluated to possess a share of 57.3% of the market in East Asia by the end of 2034. The country has one of the well-established furniture industries. The availability and production of a wide variety of domestic furniture goods in multiple combinations and styles is contributing to the escalating demand for melamine formaldehyde for production purposes. Increasing housing projects along with population growth is having a positive impact on the demand for melamine formaldehyde. Moreover, increasing demand for laminates in the country due to constant industrialization and urbanization is contributing to rising melamine formaldehyde sales.
What is the Market Scenario for Melamine Formaldehyde in Japan?
“Robust Automotive Industry Generating Demand for Melamine Formaldehyde”
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 50.4 Million |
Growth Rate (2024 to 2034) | 7.3% CAGR |
Projected Value (2034F) | US$ 102.3 Million |
Japan is approximated to account for 28.8% of the East Asian market share by 2034. An expansion of the automotive industry in the country is driving demand for melamine formaldehyde resins. Their ability to withstand high temperatures, excellent chemical resistance, and fast curing features are contributing to increased popularity. In addition, melamine formaldehyde is used in surface coatings and for decorative laminates utilized in automotive interiors.
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Category-wise Insights
This recently updated report by Fact.MR, asserts that a significant portion of melamine formaldehyde is consumed in laminates. Its increased use is attributed to various features, including discoloration resistance, durability, clarity, and hardness.
Which Form of Melamine Formaldehyde is Gaining Prominence among End Users?
“Growing Consumption of Liquid-based Melamine Formaldehyde”
Attribute | Liquid |
---|---|
Segment Value (2024E) | US$ 412.5 Million |
Growth Rate (2024 to 2034) | 6.6% CAGR |
Projected Value (2034F) | US$ 778.4 Million |
Liquid-based melamine formaldehyde is calculated to possess 57.4% share of global market revenue by 2034. The increasing demand for liquid melamine formaldehyde is attributed to its growing use for lamination on particleboard, glazing, and flooring for providing resistance to humidity.
Which End Use is Projected to Bring in High Profits for Melamine Formaldehyde Suppliers?
“Surging Popularity of Melamine Formaldehyde for Use in Laminates”
Attribute | Laminates |
---|---|
Segment Value (2024E) | US$ 132.9 Million |
Growth Rate (2024 to 2034) | 5% CAGR |
Projected Value (2034F) | US$ 215.6 Million |
Laminates are forecasted to hold a share of 15.9% of global market revenue by the end of 2034. Melamine formaldehyde resins are employed in manufacturing laminates, which are utilized in tabletops, furniture, kitchen cabinets, flooring, etc. Discoloration resistance, high durability, and hardness of this resin contribute to its increased consumption in laminates. In addition, wear resistance, transparency, etc., are making melamine formaldehyde a preferred choice instead of phenolic resins, which are opaque and dark-colored.
Surface paper, decorating paper, and bottom paper are manufactured from a multilayer structure of melamine formaldehyde sheets to protect the design and pattern of the ornamental paper. In addition, it is also used to solidify, brighten, and harden the surface while improving durability and wear resistance.
Competitive Landscape
Some of the key players in the melamine formaldehyde market are focusing on providing innovative solutions. They are leveraging R&D capabilities to extend their product pipelines and promote value-based solutions. Offering quality products, management of respective supply chain systems, and new product development are some key strategies incorporated by market players to expand footprints and enrich product portfolios.
For instance :
- BASF SE, in March 2022, started offering coating solutions based on melamine formaldehyde for application on wood for improving its durability and appearance. It contains molding components making the surface robust with some other properties, including chemical resistance, heat resistance, hardness, etc.
Fact.MR provides detailed information about the price points of key manufacturers of melamine formaldehyde positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated market report.
Segmentation of Melamine Formaldehyde Market Research
-
By Type :
- Methylated
- Non-methylated
-
By Form :
- Liquid
- Powder
-
By End Use :
- Laminates
- Wood Adhesives
- Molding Powder
- Coatings
- Other End Uses
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Type 6.2. Form 6.3. End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type 7.1. Methylated 7.2. Non-methylated 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 8.1. Liquid 8.2. Powder 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 9.1. Laminates 9.2. Wood Adhesives 9.3. Molding Powder 9.4. Coatings 9.5. Other End Uses 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Type, Form, End Use, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Chimica Pomponesco S.p.A 20.2. BASF SE 20.3. Qatar Melamine Company 20.4. Chemplastica 20.5. Hexion 20.6. Allnex Belgium S.A. 20.7. Georgia Pacific Chemicals 20.8. Arclin Inc. 20.9. Prefere Resins Holding GmbH 20.10. Mitsui Chemicals 20.11. OCI Nitrogen BV 20.12. Eurotecnica 21. Assumptions and Acronyms Typed 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Form, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Form, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Form, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Form, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Form, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Form, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
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- FAQs -
How big is the melamine formaldehyde market in 2024?
The global magnesium hydroxide market is estimated at US$ 722.5 million in 2024.
What is the demand outlook for melamine formaldehyde for 2034?
Worldwide sales of melamine formaldehyde are projected to reach US$ 1.36 billion by 2034.
At what CAGR is the demand for melamine formaldehyde approximated to increase?
The global market is evaluated to expand at a CAGR of 6.5% from 2024 to 2034.
What is the contribution of East Asia to global market revenue?
East Asia is analyzed to possess a share of 26.2% of the global market by 2034.
At what rate are the sales of melamine formaldehyde forecasted to rise in South Korea?
The market for melamine formaldehyde in South Korea is evaluated to climb at a CAGR of 10% from 2024 to 2034.
How much share of the global market does liquid-based melamine formaldehyde hold?
Liquid-based melamine formaldehyde is calculated to occupy 57.4% share of global market revenue by 2034-end.
Name some of the key companies operating in the global market.
BASF SE, Qatar Melamine Company, Chemplastica, Hexion, and Allnex Belgium S.A. are some of the prominent suppliers of melamine formaldehyde.
What is melamine formaldehyde widely used for?
Melamine formaldehyde is employed in laminated countertops and tabletops, automotive surface coatings, dishwasher-safe tableware, and many more.