Growing Demand for Amino Resin is driving the growth at a CAGR of 6.03% during the forecast period 2023 to 2030

Market Research Future (MRFR) has published on the “Global Amino Resin Market”.

The Amino Resin Market is estimated to register a CAGR of 6.03% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global amino resin market — AB Achema, Hexion, Ineos, BASF Group, Allnex, DIC Corporation, Capital Resin Corporation, Arclin, inc.

Amino Resins Market Highlights

The Global amino resin market is accounted for to register a CAGR of 6.03% during the forecast period and is estimated to reach USD 27,821.65 Million by 2030.

One of the primary driving forces in the amino resins market is the escalating demand for coatings with exceptional durability characteristics. Amino resins, renowned for their ability to enhance the longevity and robustness of coatings, have become integral in industries where longevity and performance are non-negotiable. The need for coatings that can withstand prolonged exposure to wear, corrosion, and environmental stressors fuels the market's growth, as these resins enable the creation of long-lasting protective layers. The global expansion of the construction and automotive sectors significantly contributes to the demand for amino resins. These industries rely heavily on coatings to protect structures, vehicles, and equipment from deterioration. Amino resins play a pivotal role in this context by providing coatings that resist the detrimental effects of harsh weather conditions, mechanical wear, and chemical exposure. As these sectors continue to grow, so does the demand for amino resins.

While the amino resins and amino resin cross-linkers market exhibits substantial growth potential, it is not without its challenges and restraining factors. One of the most significant restraining factors in the amino resins market is the stringent environmental regulations and growing health concerns associated with formaldehyde emissions. Amino resins, particularly those based on urea or melamine, require formaldehyde as a key raw material. Formaldehyde emissions can have adverse health effects and contribute to indoor air pollution. Stringent regulations limit the use of formaldehyde-based amino resins in certain applications, especially those involving interior surfaces or products near humans. To overcome this challenge, manufacturers are investing in research to develop low-formaldehyde or formaldehyde-free amino resins, aligning with stringent regulations, and addressing health concerns.

Growth and expansion of buildings and construction industry and extensive usage and demand of urea formaldehyde across the industries have been pivotal in propelling the growth of the amino resin market. The growth and expansion of the building and construction industry has a deep and symbiotic relationship with the amino resin market. The construction industry is a major consumer of amino resins, which are key in a variety of applications including adhesives, coatings, laminates, and wood products. As the construction industry continues to flourish globally, it is driving the demand for amino resins and driving the growth of the market.

Also, widespread use and demand for urea formaldehyde (UF) resin across a range of industries have been key to driving the amino resin market. Amino resins, including UF resins, play a critical role in a variety of applications due to their exceptional properties and versatility. the widespread use and demand for urea formaldehyde (UF) resin, as well as amino resins in general, has contributed to the growth of the amino resin market.

Segment Analysis

The Global amino resin market market has been segmented based on Type, Application, End-use industry, and Region.

The Amino Resin Market has been categorized based on type into High Performance, Universal, Benzoquinone Formaldehyde, and Hexa (Methoxy) Melamine Formaldehyde. Among these, urea formaldehyde is projected to dominate the Global amino resin market revenue through the projected period as estimated by MRFR analysts. Urea Formaldehyde- Urea formaldehyde resin is a type of amino resin that is formed from the chemical combination of urea and formaldehyde. Some of the properties of urea formaldehyde resin owing to which it is used in numerous industrial applications includes excellent wear resistant ability, long life, high heat distortion temperature, high tensile strength and high flexural modulus, strength. This resin is used in applications such as laminates, wrinkle resistant fabrics, textiles, and paper, among others.

Based on paints & coatings application, the amino resin market market has been segmented into Wood Coatings, Industrial Coatings, Can & Coil coating, Car Refinish & OEM, Refractory Brics, and Others. Industrial Coating- Amino resins are generally alkylated to certain extent in order to provide compatibility with various other types of film formers that are used in coating formulations. Various types of amino resins are based on amine types, molar content of formaldehyde and concentration and type of alkylation alcohol. With the rising industrialization all over the world, the demand for industrial coatings is increasing rapidly, thereby boosting the demand for various types of amino resins.

Based on end-use industry, the amino resin market market has been segmented into Paints & Coatings (Wood Coatings, Coil Coatings, Industrial Coatings, Automotive), Packaging & Can, Chemical, and Others. Among these, paints & coatings is projected to dominate the Global amino resin market revenue through the projected period as estimated by MRFR analysts. This high share of the paints & coatings segment is owing to several noteworthy sub-segments playing a crucial role including wood coatings, coil coatings, industrial coatings, and others. These sub-segments hold unique positions due to their specific applications and contributions to diverse industries. Beyond these domains, amino resins extend their utility to various other sectors, enhancing coatings and finishes across industries. This versatility positions them as valuable assets in a multitude of industrial processes.

Regional Analysis

By region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, the Asia Pacific emerged as the leading and the fastest-growing region Amino Resin has witnessed significant growth in several regions, The Asia-Pacific region has emerged as a leading player in the global amino resin market due to industrial expansion, and the growth of key application sectors, cementing its position as a major contributor to the global amino resins market. Countries such as China, India, Japan and South Korea are playing a pivotal role and the region is demonstrating its leadership in various ways. The increased adoption of amino resins in India, China, South Korea, and Japan can be attributed to their industrial growth, infrastructure development, advancements in technology, environmental considerations, changing consumer preferences, and integration into global markets.

Moreover, The presence of large population and rising disposable income of the consumers are some of the factors boosting the market of automobiles in the Asia Pacific region. In the automobile industry, amino resins are used for the surface coatings of automotive parts. Moreover, the use of amino resins as a curing agent for coatings for wood, electrical appliances, metals, and can is propelling significantly, thereby accelerating its demand.

The amino resin market market in Europe has growtn significantly over the years, driven by several factors that have contributed to its prominence in the region. The increasing investments in the development of various sectors such as chemical, automotive, paints and coatings will create significant need for various types of amino resins for carrying out numerous applications. Amino resins are significantly used in the paints and coatings industry. Paints and coatings materials form an important component of several industries, thus the substantial importance of amino resins in paints and coatings industry will positively impact its market demand. The use of amnio resins as wood adhesives is also gaining popularity and the rising use of wood for making various products will fuel the market demand for amino resins.

Key Findings of the Study

• The Global amino resin market is expected to reach USD 27,821.65 Million by 2030, at a CAGR of 6.03% during the forecast period.


• The Asia Pacific region accounted for the fastest growth in the global market.


• Based on Type, the Urea Formaldehyde segment was attributed to holding the largest market in 2022.


• Based on Paints & Coatings Application, the industrial coatings segment was attributed to holding the largest market in 2022.


• Based on end use industry, the Paints & Coatings segment was attributed to holding the largest market in 2022.


• AB Achema, Hexion, Ineos, BASF Group, Allnex, DIC Corporation, Capital Resin Corporation, Arclin, inc are the key market players.