Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Elizabeth White, Esmeralda Swartz, Andy Jonak, Carmen Gonzalez

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
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Business as usual for IT is evolving into a “Make or Buy” decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busi...
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, will discuss how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at...
Businesses are looking to empower employees and departments to do more, go faster, and streamline their processes. For all workers – but mobile workers especially – utilizing the cloud to reconnect documents and improve processes without destructing existing workflows can have a dramatic impact on productivity. In his session at 16th Cloud Expo, Mark Grilli, vice president of Acrobat Solutions marketing at Adobe Systems Incorporated, will outline new ways that the cloud is changing the way peo...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional S...
WSM International has launched a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of the organization. According to a recent press release from Gartner, "By 2016, DevOps will evolve from a niche strategy employed by large cloud ...
SYS-CON Events announced today that QTS Realty Trust, one of the nation’s largest and fastest-growing providers of data center facilities and cloud services and a leader in security and compliance, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. QTS Realty Trust, Inc. (NYSE: QTS) is a leading national provider of data center solutions and fully managed services, and a leader in security and compliance...
SYS-CON Events announced today that WSM International (WSM), the world’s leading cloud and server migration services provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. WSM is a solutions integrator with a core focus on cloud and server migration, transformation and DevOps services.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
With the arrival of the Big Data revolution, a data professional is expected to master a broad spectrum of complex domains including data processing, mathematics, programming languages, machine learning techniques, and business knowledge. While this mastery is undoubtedly important, this narrow focus on tool usage has divorced many from the imagination required to solve real-world problems. As the demand for analysis increases, the data science community must transform from tool experts to "data...
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of C...
Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), and search analytics (SSA). We also provide Search and Big Data consulting services and offer 24/7 production support for Solr and Elasticsearch.
SYS-CON Events announced today that Emcien will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Emcien’s vision is to let anyone use data to know the future. Emcien has built an automated, predictive analysis product that improves the lives of real people. Emcien allows people to automate their data analysis so they can build a better future.