Melamine Based Adhesive Market Expected to Retain Dominance by Application & New

Posted by Priya on April 17th, 2018

Melamine is an organic base and a trimer of cyanamide. The melamine adhesives or melamine resins are synthesized by combination of melamine with formaldehyde. It is a hard thermosetting plastic material made by polymerization reaction. The melamine based adhesives are classified into melamine formaldehyde, urea-melamine, and urea melamine formaldehyde. The melamine based adhesives exhibit properties such as high durability, hardness, and good fire & heat resistance. In addition to this melamine adhesives have high moisture durability and greater flexibility. Melamine adhesives find applications in many end use industries such as building & construction, automobile, household, packaging and others. It is also used for bonding the heavy use industrial materials such as warm water resistance grade panel and moisture resistance grade panel.

Get Informative Sample copy at https://www.marketresearchfuture.com/sample_request/4150 

Key Players:                                                                           

Key players in the global melamine based adhesives are Georgia-Pacific Chemicals LLC (U.S), OCI Nitrogen (Netherlands), National Casein (U.S.), Cornerstone Chemical Company (U.S.), SAVIOLA HOLDING SRL (Italy), Hexion (U.S.), INEOS (U.K.) and others.

Intended Audience:

• Melamine based adhesives manufacturers
• Traders and distributors of melamine based adhesives
• Research and development institute
• Potential Investors
• Raw materials suppliers
• National laboratory 

Global melamine adhesives market is driven mainly by thriving building & construction industry. The increasing standard of living of people around the world is encouraging them to spend more on housing and other construction activities.  Another key factor favoring the growth of melamine based adhesives market is the demand of portable housing to mitigate loss caused by natural disaster such as floods and earthquake. The melamine based adhesives effectively bound the light weigh construction materials which enable the easy excavation and reconstruction in case of natural calamity. Apart from this, light weight vehicles market witnessing the rise in demand on account of increasing need to reduce carbon emission. The use of wood in construction activities especially for aesthetic purpose is growing, which is projected to fuel the demand of melamine based wood adhesives. However, in recent years the carcinogenic effects of melamine have been noticed, which may influence the market dynamics. The toxicity level of melamine is also a matter of concern for the market. Nevertheless, the technological advancements to mitigate the adverse impacts of melamine on ecosystem are gaining the momentum.

Regional Analysis:

Geographically, the global melamine based adhesives market has been segmented into five key regions including Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Among them Asia Pacific is the largest and the fastest growing region in global melamine based adhesives market. Country wise, China, India, and Japan are major markets in this region. Building and construction industry is thriving in this region, owing to the government interventions favoring the growth of industry. Asia Pacific accounts for around 45% of total share in the global melamine based adhesives market. Europe is the second most significant region in terms of market size.

Access Complete Report at https://www.marketresearchfuture.com/reports/melamine-based-adhesives-market-4150

Countries namely, Germany, France, U.K., and Italy are important contributors in the regional market. Greater use of wood in construction activities and growing automotive industry are the key factors favoring the growth of the regional market. North America is the substantial market, following Europe closely, in terms growth rate and established market size. U.S., Mexico, and Canada are the major contributors in regional melamine based adhesive market. The automotive industry including cars and aircrafts are pulling major share of demand of the product in this region. Other key regions are Latin America and Middle East & Africa, wherein Latin America is anticipated to foresee the growth on account of rising end use industries such as construction and automobile in this region. Brazil is expected to lead the region during the forecast period due to the greater growth potential. Lastly, Middle East & Africa is holding relatively smaller shares of the market. However, owing to the huge investment potential and growth opportunity in this untapped market, the region may join the hand with the leading markets in the global melamine based adhesives market.

Segmentation:

The global melamine based adhesives market has been segmented on the basis of type, end use industries, and regions. On the basis of type, the market is divided into melamine formaldehyde, urea-melamine, and melamine urea formaldehyde. Among these types, melamine formaldehyde is holding major share in the overall demand of melamine based adhesives. Based on end use industries the global melamine based adhesives market is segmented into building & construction, automotive, household, paper & packaging, chemical & allied industries, and others. Among them, the growth of construction industry across the world is fueling overall growth of the market. Geographically, the market is divided into Asia Pacific, Europe, North America, Latin America and Middle East & Africa. Asia Pacific is poised to lead the global melamine based adhesives market owing to the infrastructural projects undertaken by the countries in this region.