Amino Resin Market - Forecast(2022 - 2027)

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Amino Resin MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Amino Resin Market is forecast to reach 11.1
  billion by 2026, after growing at a CAGR of
  6.9 during 2021-2026. Amino resins (aminoplasts)
  are thermosetting polymers formed by the
  condensation of formaldehyde with either urea or
  melamine. Growing demand for urea-formaldehyde due
  to its excellent high strength and resistivity
  property, in construction as well as automobile
  industries, is likely to accelerate the growth of
  the amino resin market. Increasing demand for
  amino resins in application such as wood panels,
  coatings, molding compounds, laminates, and
  adhesives, is estimated to raise the demand for
  amino resins in upcoming years.

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• Key Takeaways
• Increasing use of urea-formaldehyde in
  agricultural field applications as a source of
  nitrogen fertilizer will further drive the market
  for amino resins over the forecast period.
• 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 amino resin
  market.
• However, volatile formaldehyde price and
  stringent government regulations regarding the
  formaldehyde emission is a major restraint,
  hampering the growth of the market.

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By Distribution Channel- Segment
Analysis Adhesives held the largest share in the
amino resins market in 2020. The wood paneling
industry uses amino resin extensively in
adhesives for products such as plywood,
chipboard, particleboard, medium-density
fiberboard, sawdust board, and many others.
Interior design concepts for homes, offices, and
apartments are constantly evolving in the
furniture industry. This drives innovation and
development, particularly in terms of design,
size, and color. This is expected to increase
demand for urea-formaldehyde (UF),
melamine-formaldehyde (MF), and
melamine-urea-formaldehyde (MUF), which are
primarily used as adhesives in the wood paneling
industry. 
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• Amino Resin Market Outlook 
•  BASF
• Chemique Adhesives Sealants Ltd
• Chimica Pomponesco S.p.A
• Arclin Inc
• Hexza Corporation
• Ineos
• Georgia-Pacific LLC
• Ercros S.A
• Cytec Industries Inc
• Chemiplastica Inc

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Amino Resin Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/153
94/amino-resin-market.html
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• Analyst Briefing
• Data Tables
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