Welcome!

News Feed Item

Melamine Formaldehyde Market is Expected to Reach USD 20.62 Billion in 2019: Transparency Market Research

ALBANY, New York, April 18, 2014 /PRNewswire/ --


 

According to a new report published by Transparency Market Research "Melamine Formaldehyde Market for Tableware, Laminates, Adhesives, Paints & Coatings, Sanitary Ware, Electricals & Household Appliances and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global demand for the melamine formaldehyde was valued at USD 13.45 billion in 2012 and is expected to reach USD 20.62 billion in 2019, growing at a CAGR of 6.3% between 2013 and 2019.

Growing demand for melamine formaldehyde from end-use industries such as construction, furniture, textile, automobile and paper among others is expected to boost the overall market. In addition, the rising demand from China, especially for manufacturing secondary processed products has augmented the growth of melamine formaldehyde market. However, volatility of melamine prices which is an essential raw material required in manufacturing melamine formaldehyde is one of the crucial factors that is expected to hinder the growth of the market. The development of various technologies that help in cross-linking melamine formaldehyde with other chemicals is expected to boost the demand for melamine formaldehyde in paints and coatings which would be used especially in the automobile sector in the coming years. Thus, the growing automobile sector is expected to have an imperative effect on the growth of melamine formaldehyde market.

Browse Global Melamine Formaldehyde Market Report with Full TOC at http://www.transparencymarketresearch.com/melamine-formaldehyde-market.html

The laminate industry was the largest consumer of melamine formaldehyde in the last few years. Laminates manufactured using melamine formaldehyde offer high resistance to light, UV, fire and water making it highly suitable for wide range of applications.  Laminates is expected to grow at a CAGR of 5.6% from 2013 to 2019. Adhesive was the second largest consumer of melamine formaldehyde in 2012. With the growth of construction and furniture industry there was an increase in the consumption of laminates and adhesives which in turn played a pivotal role in driving the overall melamine formaldehyde market. Owing to the increase in the use of melamine formaldehyde in paints and coatings especially used in the automobile sector is expected to boost the melamine formaldehyde market which is expected to grow at a CAGR of 6.2% between 2013 and 2019. The tableware application is expected to exhibit the quickest growth rates with increasing consumption of melamine formaldehyde in the future. The U.S. Food and Drug Administration (FDA) approval to use melamine formaldehyde in manufacturing food packaging and other tableware is anticipated to increase the consumption of melamine formaldehyde in this application. The consumption of melamine formaldehyde in sanitaryware, electrical and household appliances is also expected to increase in future thus boosting the growth of the overall melamine formaldehyde market.

Asia Pacific emerged as a leading consumer of melamine formaldehyde in 2012 and it accounted for over 40% of the market in 2012. China being the world's largest exporter of secondary processed products plays a key role in driving the market in this region. Europe is expected to grow at a CAGR of 5.6% between 2013 and 2019, thus making it a major consumer of melamine formaldehyde by 2019. The Rest of the World (RoW) market is expected to show the maximum growth figures by 2019 and is expected to capture a market share of approximately 8%. North America's consumption of melamine formaldehyde is expected to reduce owing to the presence of stringent regulations regarding the emission of formaldehyde.

The global melamine formaldehyde market is highly fragmented as top five companies account for approximately 23% of the total market in 2012. Entry of new players especially in Asia Pacific is expected to boost the supply of melamine formaldehyde such that it would help in reducing the supply and demand gap to a great extent.

Related & Recently Published Reports by Transparency Market Research 


This report segments the global melamine formaldehyde market as follows:

  • Melamine Formaldehyde Market: Application Analysis 
    • Tableware
    • Laminates
    • Paints & Coatings
    • Adhesives
    • Sanitary ware
    • Electrical & household appliances
    • Others

Browse Global Melamine Formaldehyde Market Report with Full TOC at http://www.transparencymarketresearch.com/melamine-formaldehyde-market.html

  • Melamine Formaldehyde Market: Regional Analysis 
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Browse Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html

About Us 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact 

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Web: http://www.transparencymarketresearch.com/

Blog: http://www.tmrblog.com/

Browse Market Research News: http://www.transparencymarketresearch.com/press-releases.htm

Browse Market Research Articles: http://www.transparencymarketresearch.com/articles.htm


SOURCE http://www.transparencymarketresearch.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera MyS...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...