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Hexamethyl Methoxy Melamine (HMMM) Market

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<strong>Hexamethyl</strong> <strong>Methoxy</strong> <strong>Melamine</strong> (<strong>HMMM</strong>) <strong>Market</strong>-<br />

Global Industry Insight, Trends, Outlook, and<br />

Opportunity Analysis 2017-2025<br />

© Coherent market Insights. All Rights Reserved


REPORT DESCRIPTION<br />

<strong>Hexamethyl</strong> <strong>Methoxy</strong> <strong>Melamine</strong> (<strong>HMMM</strong>) <strong>Market</strong> Overview<br />

<strong>Hexamethyl</strong> methoxy melamine is an important industrial chemical used for fillers and as cross linking agents.<br />

<strong>HMMM</strong> containing resins are used in the production of coatings and plastics for coils, cans, and automobiles. It is<br />

used as a cross linking agent with novolak resin and resorcinol. <strong>Hexamethyl</strong> methoxy melamine is recommended<br />

as a replacement for hexamethylene-tetramine due to lower toxicity and less effect on scorch times.<br />

<strong>HMMM</strong> manufacturers are developing their product to serve the wide application spectrum such as tackifier,<br />

Fabric, textile,leather products etc. For instance, Techno Waxchem Pvt Ltd.’s TECHNIC HM100 <strong>Hexamethyl</strong><br />

<strong>Methoxy</strong> melamine resin meets the stringent requirements of cord-rubber properties of tyre and non - tyre<br />

industries. Moreover, it offers a balanced combination of good adhesion and excellent fatigue resistance.<br />

<strong>Market</strong> Dynamics<br />

A major driver for growth of the global hexamethyl methoxy melamine market is growing construction industry.<br />

For instance, in 2015, global construction perspectives and oxford economics together stated that the global<br />

construction market is set to grow by US$ 8 trillion by 2030, reaching a total size of US$ 17.5 trillion and<br />

growing by an average annual rate of 3.9% by 2030.<br />

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REPORT DESCRIPTION<br />

<strong>Market</strong> Taxonomy<br />

On the basis of application, the global hexamethyl methoxy melamine (<strong>HMMM</strong>) market is segmented into:<br />

•<br />

Paints and Coatings<br />

•<br />

Plastics<br />

•<br />

Rubber Compounds<br />

•<br />

Others<br />

On the basis of region, the global hexamethyl methoxy melamine (<strong>HMMM</strong>) market is segmented into:<br />

•<br />

North America<br />

•<br />

U.S.<br />

•<br />

Canada<br />

•<br />

Mexico<br />

•<br />

South America<br />

•<br />

Brazil<br />

•<br />

Argentina<br />

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REPORT DESCRIPTION<br />

<strong>Market</strong> Outlook<br />

According to Coherent <strong>Market</strong> Insights’ analysis, Asia Pacific is expected to be the fastest growing region in<br />

hexamethyl methoxy melamine market over the forecast period, owing to the rising use of fillers and additives in<br />

paints and coatings industry. According to the India Brand Equity Foundation in 2011, paints and coatings<br />

industry generated US$ 3.6 billion and was estimated to grow to US$ 8.2 billion in 2017.<br />

China is the world’s largest consumer of hexamethyl methoxy melamine, owing to growing chemicals, paints, and<br />

coatings sector in the country<br />

Key players in the Global <strong>Hexamethyl</strong> <strong>Methoxy</strong> <strong>Melamine</strong> (<strong>HMMM</strong>) <strong>Market</strong><br />

Key players operating in the global hexamethyl methoxy melamine (<strong>HMMM</strong>) market include Suzhou<br />

VosunChemical Co., Ltd., SancaiIndustry Co., Ltd., Dalian RichonChemCo., Ltd., Western Reserve Chemical,<br />

AllnexGroup, ParchemFine & Specialty Chemicals, Tokyo Chemical Industry Co., Ltd., Hangzhou<br />

DayangChemCo., Ltd., Qingdao Sun Tech Industries & Trading Co., Ltd. and ChemsonIndustrial (Shanghai) Co.,<br />

Ltd.<br />

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