Amino Resins Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023

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Amino Resins Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Amino Resins Market Research Report- Forecast to
2023
Amino Resins Market - Overview
Amino Resins are produced by copolymerization of
aldehyde with amino compound. They are commonly
used as curing agents in specialized coatings due
to their ability to increase coating hardness and
enhance solvent resistance. They are widely
formulated with epoxies, alkyds, epoxy esters,
polyvinyl butyrals, thermosetting acrylics, and
oil free polyester resins. They are utilized for
large scale manufacturing applications as they
are suitable to meet the volume demands with less
time requirement. They are widely utilized as
surface coatings, laminate flooring, textile
finishers, and paper processing in various end
use industries such as electrical and
electronics, furniture, building construction,
automotive, and others. Some of the prominent
factors that positively influence the growth of
the Amino Resins Market are increasing
residential and commercial construction
activities, constant urbanization, and improved
living standards. Furthermore, rising automotive
sales in developed and developing regions coupled
with increasing demand for fuel efficient
vehicles is predicted to accelerate the growth of
the market. Additionally, continuous expansion of
construction sector in emerging economies are
expected to propel the growth of the market
during the assessment period. Huge investments in
the ongoing RD projects by key manufacturers and
relatively strong acceptance within the end use
industries is set to positively influence
business outlook. However, stringent regulations
by various government bodies, regarding the
harmful content of formaldehyde, is predicted to
hamper the growth of the market.
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Amino Resins Market Research Report- Forecast to
2023
Segmental Analysis
Global Amino Resins Market is segmented on the
basis of Type, Application, End Use and Regions.
On the Basis of Type, the market is categorized
into melamine urea formaldehyde resin, melamine
formaldehyde resin, and urea formaldehyde resin.
On the Basis of Application, the market is
classified into laminate flooring, surface
coatings, textile finishes, and paper processing.
On the Basis of End Use, the market is
categorized into building construction,
furniture, automotive, electrical electronics,
and others. Among these, building construction
sector holds the largest market share for Amino
Resins among other end use industries on account
of increasing, institutional, domestic, and
commercial activities worldwide. Automotive
sector is expected to be the fastest growing
segment among end use due to rising automotive
production and sales globally. Moreover,
increasing number of working professionals along
with rising disposable income is predicted to
increase the demand for personal vehicle in near
future, which in turn, is estimated to propel the
demand for Amino Resins Market during the
assessment period. To Get Detailed Knowledge
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4
Amino Resins Market Research Report- Forecast to
2023
Regional Outlook
Asia Pacific is estimated to be the largest
market for Amino Resins followed by Europe and
North America, due to rising demand from building
construction, automotive, and electrical
electronics among others. Emerging countries such
as India, China, Bangladesh, Vietnam, and
Malaysia are the fastest growing market for Amino
Resins, and is predicted to grow with the same
pace in the near future. North America Amino
Resins Market is predicted to witness a steady
growth with U.S. and Canada being major
contributors on account of growth in end use
industries such as electrical electronics and
automotive. Europe is anticipated to witness a
substantial growth over the assessment period
owing to increasing demand for amino resins in
construction sector, specifically in Germany,
Spain, and UK. In Latin America, Brazil and
Mexico are among the major contributors in the
regional market growth due to expansion of
automotive sector. The Middle Eastern and African
countries such as Qatar, Kuwait, Oman, Saudi
Arabia, and the United Arab Emirates (UAE) are
estimated to witness an average growth due to
rising foreign investments and shifting of
manufacturing base to these region.
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Amino Resins Market Research Report- Forecast to
2023
Major Players in this Research

• Amino Resins Market Prominent Players
• BASF SE (Germany)
• Silekol sp. z o.o. (Poland)
• Advachem S.A (Belgium)
• Acron (Russia)
• Rayonier Advanced Materials. (U.S.)
• Ineos Melamines Gmbh (Germany)
• Chemiplastica Spa (Italy)
• Georgia-Pacific LLC (U.S.)
• Jiangsu Sanmu Group Co. Ltd. (China)
• Hexion (U.S.)

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