Global Melamine Market Demand & Forecast Analysis, 2018-2034

Description

Melamine is primarily used to produce melamine-based resins, which play a crucial role in a variety of everyday products. These resins are created by combining melamine with formaldehyde through a chemical process, resulting in materials that are strong, durable, and resistant to heat and fire. The biggest users of melamine are the wood products industry, especially in laminates and adhesives, which together make up over 70% of global melamine consumption.

Melamine resins are widely applied in laminates, wood adhesives, surface coatings, molding compounds, paper and textile treatments, as well as flame retardants. Laminates, available in high-pressure and low-pressure types, are key products, with high-pressure laminates offering better durability and chemical resistance for more demanding uses. The rise in construction for both homes and commercial spaces over the past 20 years has driven growing demand for melamine, particularly in laminate flooring, as it increasingly replaces other materials.

Aside from flooring, melamine-based adhesives improve the look and lifespan of wood products while adding fire resistance. It also serves as an important component in coatings, especially within the automotive industry. While the global economic downturn in 2008-2009 caused a temporary drop in demand particularly affecting construction and automotive sectors the market quickly recovered by 2010, boosted by growth in Asia-Pacific.

The study examines melamine's wide-ranging applications across major regions and countries, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Historical data from 2018 to 2023 provides insight into market trends, while 2023 serves as the baseline for forecasting growth and demand through 2034

Once dominated by Western Europe, the melamine market has shifted, with China now leading as the largest consumer, accounting for nearly 45% of demand worldwide. China is also estimated to experience the fastest growth, with other Asia-Pacific countries growing steadily. Overall, global demand for melamine is projected to grow moderately in the coming years, closely tied to the health of the global economy and the construction sector.

Overall, the global melamine market is projected to grow steadily at a CAGR of around 2.5% to 3%, driven by expanding construction and industrial activities worldwide, particularly in Asia-Pacific. Stakeholders can leverage this report to make informed decisions and capitalize on emerging opportunities within the evolving melamine landscape.

1. Introduction

Scope
Market Coverage
- Applications
- Regions
- Countries
Years Considered
- Historical - 2018 - 2023
- Base - 2024
- Forecast Period - 2025 - 2034
Research Methodology
- Approach
- Research Methodology
- Prismane Consulting Market Models
- Assumptions & Limitations
- Abbreviations & Definitions
- Conversion Factors
- Data Sources

2. Market Synopsis

Market Evolution
Demand-Supply Overview
Industry Structure
Strategic Issues
End-use Trends
Growth Forecast

3. Economic & Energy Outlook

GDP and Demographics
Monetary & Fiscal Policies
Crude Oil Production and prices
Natural Gas
Electricity Prices

4. End-use Sector Performance

Paints & Coatings
Construction
Textile
Industrial
Others

5. Capacity (Plants & Projects) Analysis

Capacity, by Company
Capacity, by Country and by Region
Capacity Overview, By Region and Country

6. Introduction to Melamine and Market Overview

Product Description
Grades & Properties
Raw Material
Manufacturing Process
Environmental Issues
Value Chain
Applications

7. Market Dynamics and Industry Trends

Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges

8. Global Melamine Demand-Supply Analysis, By Applications (Volume, Value) (2018 - 2034)

Strategic Issues
Demand-Supply Analysis and Forecast (2018 - 2034)
- Capacity
- Capacity Utilization (%)
- Production
- Imports
- Exports
- Net Exports
- Demand
- Demand Growth Rate (%)
- Driving Force Analysis
- Global Melamine Market, By Applications
Laminates
Wood Adhesives
Molding Components
Paints & Coatings
Flame Retardants
Textile Treatment
Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018 - 2034)

Strategic Issues
Capacity
Capacity Utilization (%)
Production
Imports
Exports
Net Exports
Demand
Demand Growth Rate (%)
Melamine Market, By Applications

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by applications has been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).

North America
USA
Canada
Mexico
Western Europe
Germany
France
Italy
United Kingdom
Spain
Rest of Western Europe
Central & Eastern Europe
Russia
Poland
Rest of Central & Eastern Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Central & South America
Middle East & Africa

Note: CAGR will be calculated for all applications to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)

10. Pricing Analysis

Average Melamine Prices, USD/Kg
Average prices, by region
Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

Market Attractiveness Assessment
Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis

Melamine Manufacturers Profiles/ Company Analysis
- Basic Details
- Headquarter, Key Markets
- Ownership
- Company Financial
- Manufacturing Bases
- Global Turnover
- Total Employee
- Product Portfolio / Services / Solutions
- Key Business Strategies adopted and Prismane Consulting Overview
- Recent Developments
- Companies Covered -
BASF SE
Sichuan Golden Elephant Chemical Co.
Mitsui Chemicals Inc.
OCI Melamine Co.
Qatar Melamine Co.
Nissan Chemicals Industries Ltd.
Borealis AG
Cornerstone Chemical Company
Haohua Junhua Group Co. Ltd.
Gujarat State Fertilizers & Chemicals Ltd
Jade Elephant
Zaklady
Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

Demand-Supply - Regions
Demand-Supply - Countries
Capacities, 2018-2034