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Melamine Market Overview: Melamine resins are also used as a wood adhesive and have application in bonding hardwood, plywood, particleboard, and medium density fibreboard with laminates and is substantially contributing to the growth of global melamine market. Melamine formaldehyde resins or melamine resins are hard, durable, glossy, and exhibit strong resistance to heat, moisture, stain, and wear. Melamine is a white crystalline substance belongs to the family of heterocyclic organic compounds. It contains 66% of nitrogen by mass. Melamine Market Awareness: Melamine which is widely known as a lightweight acoustic insulation material in automotive and interior construction applications, is expanding its application range into the acoustic treatment of elevators. In some recent projects the melamine foam was used to reduce the noise levels in elevator cabins of high rise buildings. Despite the very high speed of the elevators (up to 23 miles/hour), the noise level inside the cabin is lower than 50dB, which is quieter than a conversation between two people.
Melamine market is expected to grow at a significant CAGR over the next seven years owing to factors such as increasing automobile production coupled with revival of global construction industry. Rising consumer awareness regarding benefits associated with melamine coupled with growing consumption within automotive paint & coatings application sector is further anticipated to bolster product demand. Melamine resins are widely used to form laminates. Laminates are highly suitable for decoration and protection purposes. Laminates find a wide application in housing, construction, and electrical applications and thus positively impacting the growth of global melamine market. Additionally, melamine resins are strongly thermosetting and can be molded into a variety of products for our daily life. Final thermoset plastics include household appliances such as dinnerware, food containers, utensil handles, electric sockets, and much more. Melamine is combined with formaldehyde to produce melamine formaldehyde resins by condensation polymerization. Melamine Market Research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors.
Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. Melamine Market Key Players: Melamine Market are Haohua Junhua Group Co, Ltd.(China), OCI Nitrogen (Netherlands), BASF SE (Germany), Cornerstone Chemical Company (U.S.), Qatar Melamine Company (Qatar), Sichuan Golden Elephant Chemical (China), Mitsui Chemicals, Inc. (Japan), NISSAN CHEMICAL INDUSTRIES. LTD. (Japan), Methanol Holdings (Trinidad) Limited (U.S.), and Borealis AG (Austria). Melamine Market Synopsis: Melamine foam is also applied to the Yacht and autobiles to reduce noise from the engine. This provides owners and guests with unmatched comfort and quietness on board. Melamine foam is now being used for the acoustic layer in the Volkswagen engine for the Jetta, Golf, Passat, Tiguan, and Beetle models produced in North America. Volkswagen chose melamine based acoustic parts. Melamine Market Regional Analysis: Melamine market is spanned across five regions namely North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is leading the global market.
