Melamine Powder Market - Size, Share, Outlook, and Opportunity Analysis, 2015 – 2026

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Melamine is white crystalline powder generally consisting of carbon, nitrogen, and hydrogen. It is an odorless, tasteless, and non-toxic industrial chemical. Melamine powder is used for the manufacture of resins and adhesives, which are used to laminate floors, wood-based panels, and decorative surfaces for furniture. It is produced from natural gas and carbon dioxide. Melamine formaldehyde resins’ laminates offer better hardness and resistance to water, heat, and stain.

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Increasing demand for melamine powder in applications such as coatings and wood additives, owing to its desired physical qualities such as strength, moisture, color retention, surface consistency, stain and flame resistance, hardness, sound absorption, and transparency is one of the major factors driving growth of the global melamine powder market.

Market Outlook

On the basis of application, laminate segment held significant growth in the global melamine powder market in 2017, and is expected to increase growth during the forecast period, owing to high demand and various applications of melamine powder in laminate. Melamine powder provides high mechanical strength, heat resistance, and electrical insulating properties that are prerequisite for manufacturing standard quality laminate.

Increasing demand for melamine powder in applications such as coatings and wood additives, owing to its desired physical qualities such as strength, moisture, color retention, surface consistency, stain and flame resistance, hardness, sound absorption, and transparency is one of the major factors driving growth of the global melamine powder market.

Asia Pacific held significant growth in the global melamine powder market in 2017, and is expected to increase growth during the forecast period. This is majorly due to the growing demand for the melamine for manufacturing dinnerware, which is mostly used in cafeterias, restaurants and other institutes such as hospitals and schools. Its chemical, electrical and thermal resistance, high UV stability, and resistance to water and weather, makes it suitable for the dinnerware. These are the major factors, driving the market growth in the region.

Asia Pacific held significant growth in the global melamine powder market in 2017, and is expected to increase growth during the forecast period. This is majorly due to the growing demand for the melamine for manufacturing dinnerware, which is mostly used in cafeterias, restaurants and other institutes such as hospitals and schools. Its chemical, electrical and thermal resistance, high UV stability, and resistance to water and weather, makes it suitable for the dinnerware. These are the major factors, driving the market growth in the region.

Key Players

Key players operating in the global melamine powder market include Borealis AG, BASF SE, Mitsui Chemicals Inc., Methanol Holdings, OCI N.V., Qatar Melamine Company, Grupa Azoty Zaklady Azotowe Pulawy S.A., Cornerstone Chemical Company, Shanxi Yangmei Fengxi Fertilizer Industry, and Xinji Jiuyuan Chemical Co., Ltd.

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