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Melamine Market Size, Investment opportunities, Strategic Assessment 2028

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Melamine Market Size, Investment opportunities, Strategic Assessment 2028

The melamine market size is expected to reach USD 3.44 billion by 2028 according to a new study by Polaris Market Research. The report “Melamine Market Share, Size, Trends, Industry Analysis Report By Type; By Application; By End-Use (Construction, Automotive, Chemical, Textiles, Others); By Regions, Segments & Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth. 

Melamine resins provide inherent advantages such as high-temperature stability thus allowing products to limit physical and chemical degradation even at extreme temperature flexibility, high bonding behavior which results in the product having excellent moisture resistance as well as chemical resistance thus resulting in high overall hardness, among others. 

Due to the high nitrogen content in the product, it exhibits flame retardant properties as well. All these properties have resulted in the broadening of the application portfolio of the product thus resulting in the overall market demand.

Get Sample PDF @ https://www.polarismarketresearch.com/industry-analysis/melamine-market/request-for-sample

Another factor boosting the prospects of this industry is the increasing trend of using durable and high-strength materials in the construction industry. The stringent regulations implemented by various regulatory bodies to reduce the carbon footprint and improve energy efficiency in construction sector has prompted the emergence of this trend. Industry participants are therefore required to track such trends and plan their strategies accordingly.

Melamine Market

The Asia Pacific dominated the industry in 2020 and is expected to maintain its dominance over the forecast period due to the rising construction activities along with growing demand for wood adhesives, paints, coatings, and laminates, in emerging countries such as India and China. 

Major industry players operating in this industry include BASF SE, OCI N.V., Borealis AG, Qatar Melamine Co, Sichuan Golden Elephant Chemical Co., Allnex Belgium S.A., Ineos Melamines., Chemiplastica SPA, Haohua Junhua Group Co., Ltd., Nissan Chemical Industries. Ltd. Cornerstone Chemical Company, and others.

Get Special Discount On this Research Report @ https://www.polarismarketresearch.com/industry-analysis/melamine-market/request-for-discount-pricing

Melamine Type Outlook (Volume – Kilotons; Revenue – USD Million, 2016 – 2028)

  • Melamine Resin
  • Melamine Foam

Melamine Application Outlook (Volume – Kilotons; Revenue – USD Million, 2016 – 2028)

  • Laminates
  • Wood Adhesives
  • Molding Compounds
  • Paints & Coatings
  • Others

Melamine End-Use Outlook (Volume – Kilotons; Revenue – USD Million, 2016 – 2028)

  • Construction
  • Automotive
  • Chemical
  • Textile
  • Others 

Buy Now @ https://www.polarismarketresearch.com/checkouts/5741 

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. 

Contact Us:

Polaris Market Research

Phone: 1–646–568–9980

Email: [email protected]

Web: www.polarismarketresearch.com

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