Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Diverse factors are at work within the Melamine-Based Adhesives market shaping its growth, trends and competitive conditions. Understanding these market characteristics is essential for those who hope to profit from operating in the chaotic maze of this field.
The application of melamine-based adhesives is closely related to the quality and progress of end users. These adhesives are heavily used by construction, furniture, automotive and textile industries. The fluctuations in demand for these sectors directly impact the whole market's dynamic. The market pattern for melamine-based adhesives is significantly affected by the construction industry. With this development of the construction industry, which combines riding on infrastructure projects with further real estate development, demand for glues used as adhesives applied onto laminates and particleboards will naturally grow.
These are key factors driving market dynamics: continuous development in technology and products. In order to make melamine-based adhesives better, companies spend their money on research and development coming up with formulations that have greater bond strength; are more resistant to moisture or other environmental factors; cure faster. Innovation and customer tastes determine competitiveness. Among Melamine-Based Adhesives, compliance and environmental standards form an important growth dynamic. Manufacturers must provide their products that are in conformity with safety regulations and environmental requirements. Such variations affect manufacturing processes, entry strategies and overall industry development.
Indeed, global economic trends also influence market forces. These economic slumps will likely affect investment in construction and manufacturing, both large customers of adhesives. Actually, economic growth stimulate construction and industrial output which gives a good market dynamic. Given that supply chains have been internationalized, the impact of geopolitics and transportation difficulties on commodities cannot be neglected. The complexity of the supply chain means that companies must be able to keep materials flowing and stick with market pace. Interruptions in the supply chain can influence production and affect market dynamics.
The cost trends of melamine-based adhesives affect market dynamics in price sensitive industries. Companies that can provide low-cost solutions without sacrificing quality have a competitive advantage. The entire market is based on affordability and cost efficiencies. When making the decision to buy something, all factors are at play here too. In the marketplace, both technology transfers and easy entry for new players are features of its dynamics. Factors like Intellectual Property Rights and Proprietary Formulations also affect the competitive environment.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Type and End-Use Industry |
Melamine Adhesives Market Highlights:
Melamine-Based Adhesives Market Overview
Melamine is a chemically organic base and a trimer of cyanamide. Melamine-based adhesives are produced by a combination of melamine with formaldehyde. These adhesives possess high durability, superior hardness, and high resistance to fire and heat. It is a thermosetting plastic produced by the polymerization of melamine with other compounds. Moreover, it exhibits high moisture durability and high flexibility.
According to MRFR analysis, the global melamine-based adhesives market is estimated to grow at a healthy CAGR of 6% by the end of 2032. Diverse applications of melamine-based adhesives in various end-use industries such as building and construction, automotive, and packaging, among others. Moreover, growing construction industries in the emerging economies of Asia-Pacific and Latin America is likely to drive the global market growth further. In addition, growing demand for portable housing to reduce the loss caused by natural calamities across the globe results in more consumer spending on housing and construction activities, which boosts the global market growth. As these adhesives effectively bind the lightweight construction materials which ensure easy excavation and reconstruction in case of any disaster. Moreover, the augmented usage of wood in construction activities, specifically for aesthetic purpose, is anticipated to offer lucrative opportunities to the market players. Furthermore, the growing consumption of melamine-based adhesives in automobiles for light-weighting vehicles to reduce carbon emissions is further expected to create immense opportunities for the producers of melamine-based adhesives.
However, high carcinogenic effects of melamine are likely to hinder the global market growth during the review period.
Key Players
- Georgia-Pacific Chemicals LLC (US)
- OCI Nitrogen (Netherlands)
- National Casein (India)
- Cornerstone Chemical Company (US)
- GRUPPO MAURO SAVIOLA SRL (Italy)
- Hexion (US)
- INEOS (UK)
Global Melamine-Based Adhesives Market Share, by End-Use Industry, 2018 (%) 
Source: MRFR Analysis
Regional Analysis
The global melamine-based adhesives market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The Asia-Pacific market dominated the global melamine-based adhesives market and is projected to register the highest CAGR during the assessment period. This is largely attributed to burgeoning construction activities and high consumer spending in the region. China is the leading country in the region on account of large consumer base, easy availability of raw material, and government investments on commercial buildings. India, Japan, and South Korea are other key countries in the region. The European market accounted for the second-largest market share in 2018 owing to strong automotive base in the region. Germany is the major contributor in the region followed by France, the UK, Italy, Spain, and the Netherlands. The growing use of wood in construction activities and growing automotive industries are key factors propelling the regional market growth. The North American market held a substantial market share in 2018 on account of growing automotive; and paper and packaging industries. The US is the prominent country in the region owing to robust R&D innovations and the presence of major manufacturers such as Georgia-Pacific Chemicals LLC, Cornerstone Chemical Company, and Hexion in the country. The Latin American market is projected to grow at a moderate CAGR during the forecast period on account of steady consumption of melamine-based adhesives in paper and packaging industries. Brazil and Mexico are the prominent countries in the region, contributing to regional growth. The Middle East & Africa market is likely to grow at a sluggish CAGR in the following years owing to limited end-use industries in the region.
Segmentation Analysis
The global melamine-based adhesives market has been segmented based on type, end-use industry, and region.
On the basis of type, the global melamine-based adhesives market has been categorized as melamine formaldehyde, urea-melamine, and melamine urea formaldehyde.
Based on end-use industry, the global melamine-based adhesives market has been classified as building and construction, automotive, household, paper and packaging, and chemicals and allied industries, others.
By region, the global melamine-based adhesives market has been studied for five key regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
Target Audience
- Melamine manufacturers
- Melamine-based adhesives manufacturers
- Raw material suppliers
- Distributors and suppliers of melamine-based adhesives
- Potential investors
- Research institutes
- Government bodies
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
