Coil Coating Market to Set Phenomenal Growth by 2023 - PowerPoint PPT Presentation

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Coil Coating Market to Set Phenomenal Growth by 2023

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Coil Coating Market Estimated to Expand at a Robust CAGR by 2023 – PowerPoint PPT presentation

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Title: Coil Coating Market to Set Phenomenal Growth by 2023


1
Melamine Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Global Melamine Market Key Highlights
  • The global demand for melamine is likely to reach
    cross US 2.8 Bn by 2027 with a CAGR of more
    than 4 from 2019-2027. 
  • Demand for melamine is largely attributed to
    strong growth in the global construction industry
    and rising demand for lightweight and
    low-emission automotives.
  • Melamine readily reacts with formaldehyde to
    produce melamine-formaldehyde (MF) resins.
    Several other types of melamine resins include
    melamine-urea-formaldehyde (MUF),
    hexamethoxymethyl, etherified melamine, and
    melamine pyrophosphate.

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4
Global Melamine Market Laminates to Lead
Melamine Market
  • MF resins are widely employed in the manufacture
    of laminated wooden panels. These resins exhibit
    strong resistance to heat, stain, abrasion, and
    chemical reaction thus, these are extensively
    employed in construction applications.
  • Laminates application segment accounted for more
    than 50 share in global melamine market in 2018.
  • The segment is followed by adhesives sealants
    owing to high demand of melamine based wood based
    adhesives found in various wood products such as
    particleboard, plywood and medium-density
    fiberboard (MDF).
  • These adhesives are known for its durability and
    moisture resistance.
  • Melamine-based adhesives are largely used in
    hotline fixing of car seats, panel laminations,
    headlamps, and other interior component
    assemblies in the automotive industry.  

5
Global Melamine Market Key Challenges Faced by
Industry
  • Urea is the key feedstock used in the manufacture
    of melamine. Of late, the prices of urea have
    been subject to a high degree of volatility owing
    to wide fluctuations in the short term supply and
    demand.
  • The supply side fluctuation is ascribed to
    unstable oil gas prices, which affect the total
    production cost and affecting the overall
    melamine market growth.
  • Increasing public awareness and rising demand for
    non-hazardous products are some of the key
    factors hampering the melamine market for molding
    compounds application.

6
Global Melamine Market Competition Landscape
  • OCI N.V., Borealis AG
  • BASF SE
  • Grupa Azoty Zaklady Azotowe Pulawy S.A. (ZAP)
  • Methanol Holdings (Trinidad) Limited (MHTL)
  • Qatar Melamine Company (QMC)
  • Cornerstone Chemical Company

7
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