Melamine Formaldehyde (MF) Market
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Global <strong>Melamine</strong><br />
<strong>Formaldehyde</strong> (<strong>MF</strong>)<br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016 – 2026<br />
Future <strong>Market</strong> Insights<br />
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Report Description<br />
<strong>Melamine</strong> formaldehyde is a synthetic resin manufactured by reacting melamine with highly reactive<br />
formaldehyde gas under alkaline conditions. <strong>Melamine</strong> formaldehyde resin is generally compared with ureaformaldehyde<br />
resin with respect to its processing and applications, however it is harder, stronger and offers<br />
even better resistance to chemicals, moisture, heat, electricity and scratching, compared against ureaformaldehyde.<br />
It is referred as thermosetting polymer or amino resins, exhibits excellent value added<br />
properties such as low density, thermal stability, high gloss, transparency, and light fastness. Owing to its<br />
value added properties, melamine formaldehyde has found great industrial applications in fire retardants,<br />
surface coatings, plywood, particleboard, adhesive, molding compounds and laminates among others.<br />
<strong>Melamine</strong> formaldehyde is used in variety of product which are valued on basis of its toughness and ease of<br />
manufacturing, resultantly most of the melamine formaldehyde resins are highly customized as per the<br />
requirements of particular application. The curing behavior and the degree of cross-linking of melamine and<br />
formaldehyde determines tailored products properties such as electrical resistance, thermal stability and<br />
mechanical properties. <strong>Melamine</strong> formaldehyde resins has been extensively used for surface coating,<br />
especially for automotive top coats and metal furniture. However rising government regulation over release<br />
of formaldehyde in environment is decreasing use of melamine formaldehyde for coating manufacturing.<br />
Most common uses of melamine formaldehyde resin includes dinnerware, bathroom accessories, electrical<br />
breakers, receptacles, knobs and handles, kitchen utensils, appliance components, adhesives, laminates,<br />
textile, medium density fiberboard and hard boards among others.<br />
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• Construction and Building<br />
• Electronics<br />
• Automotive<br />
• Packaging<br />
• Wood and Furniture<br />
• Chemicals<br />
Report Description<br />
<strong>Melamine</strong> <strong>Formaldehyde</strong> <strong>Market</strong>: <strong>Market</strong> Dynamics<br />
Rising regulations over release of formaldehyde in environment has restrain consumption of <strong>MF</strong> resin for<br />
specific application such coating manufacturing, which slow down the global consumption of melamine<br />
formaldehyde. However recovering construction industry and rapidly growing packaging industry is expected<br />
to drive global demand for melamine formaldehyde at steady pace. Wood and Furniture industry is one of<br />
the major consumer of <strong>MF</strong> resins, and it is expected that global <strong>MF</strong> resins market will grow with a growth of<br />
wood and furniture industry.<br />
<strong>Melamine</strong> <strong>Formaldehyde</strong> <strong>Market</strong>: <strong>Market</strong> Segmentation<br />
On basis of types, global market of melamine formaldehyde market can be segmented as follow as;<br />
• Methylated <strong>Melamine</strong> <strong>Formaldehyde</strong> Resins<br />
• Methylol Or Non-Methylated <strong>Melamine</strong> <strong>Formaldehyde</strong> Resins<br />
On basis of end-use industries, global melamine formaldehyde market can be segmented as follow as;
After economic turndown in North America and Europe, construction industry is slowly recovering and<br />
expected to grow with a slow rate over forecast period. Owing to <strong>MF</strong> resin’s value added application in<br />
construction and buildings, it is expected that the demand for <strong>MF</strong> resins in North America and Europe will<br />
grow at steady rate. However consumption of melamine formaldehyde resins in APAC has been significantly<br />
increased in last five years and it is expected that it will grow linearly, owing to infrastructure development in<br />
India and China. China is the largest market in Asia-Pacific followed by India in 2016, and is expected to grow<br />
rapidly in the near future.<br />
Report Description<br />
• Coatings<br />
• Adhesives<br />
• Rubber and Plastics<br />
• Others (Paper & Pulp and Textiles)<br />
On basis of geographies, global melamine formaldehyde market can be segmented as follow as;<br />
• North America<br />
• Latin America<br />
• Western Europe<br />
• Eastern Europe<br />
• Asia Pacific Excluding Japan<br />
• Japan<br />
• Middle East and Africa<br />
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Report Description<br />
This is primarily because of growing industries such as electronics, automotive, chemicals and packaging<br />
which are collectively account for major consumption of melamine formaldehyde resins. Growing need for<br />
sustainable packaging is expected to be key driver to augment consumption of melamine formaldehyde<br />
resins across the globe.<br />
<strong>Melamine</strong> <strong>Formaldehyde</strong> <strong>Market</strong>: Key Players<br />
Some of the key players in global melamine formaldehyde resin market are as follow as;<br />
• BASF SE<br />
• Qatar <strong>Melamine</strong> Company<br />
• Hexza Corporation Berhad<br />
• Georgia-Pacific Chemicals LLC<br />
• Ineos <strong>Melamine</strong>s GmbH<br />
• Hexion<br />
• Chemiplastica Spa<br />
• Pacific Texchem Pvt. Ltd.<br />
• Jiangsu Tianxin Chemical Co., Ltd.<br />
• EUROTECNICA Contractors and Engineers S.P.A.<br />
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