Pre-order Enquiry
Request Free Sample
Global Melamine Market 2019-2023
SKU ID : TNV-14032418 | Publishing Date : 08-Mar-2019 | No. of pages : 131
Request Sample
Request Customization
Check Discounts
About this market
The increasing demand from the construction industry is one of the key factors that will trigger the growth of the global melamine market. Melamine is extensively used in laminates for wall paneling in residential buildings and office buildings for improving the aesthetics. Wood is widely used in construction activities than other constructive materials including steel, concrete, and brick, as the production of these constructive materials requires intensive energy and leads to serve carbon dioxide emissions. The remodeling and restructuring of residential buildings for energy efficiency and cost savings are expected to increase the demand for wood furniture. Therefore, the increasing consumption of melamine laminates will drive the growth of the global melamine market during the forecast period. analysts have predicted that the melamine market will register a CAGR of almost 7% by 2023.
Market Overview
Growth in automotive industry
One of the growth drivers of the global melamine market is the growth in automotive industry. The growing demand for passenger cars is expected to increase the consumption of automotive coatings which will drive the growth of the market.
Availability of substitutes
One of the challenges in the growth of the market is the availability of substitutes. The plastic laminates can be used instead of melamine laminates to cover substrates which will hamper the market growth during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the melamine market during 2019-2023, view our report.
Competitive Landscape
The market appears to be highly fragmented and with the presence of several vendors. Various manufacturers in the market are focusing on increasing their production capacities by adopting low energy melamine process technology for producing melamine. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The increasing demand from the construction industry is one of the key factors that will trigger the growth of the global melamine market. Melamine is extensively used in laminates for wall paneling in residential buildings and office buildings for improving the aesthetics. Wood is widely used in construction activities than other constructive materials including steel, concrete, and brick, as the production of these constructive materials requires intensive energy and leads to serve carbon dioxide emissions. The remodeling and restructuring of residential buildings for energy efficiency and cost savings are expected to increase the demand for wood furniture. Therefore, the increasing consumption of melamine laminates will drive the growth of the global melamine market during the forecast period. analysts have predicted that the melamine market will register a CAGR of almost 7% by 2023.
Market Overview
Growth in automotive industry
One of the growth drivers of the global melamine market is the growth in automotive industry. The growing demand for passenger cars is expected to increase the consumption of automotive coatings which will drive the growth of the market.
Availability of substitutes
One of the challenges in the growth of the market is the availability of substitutes. The plastic laminates can be used instead of melamine laminates to cover substrates which will hamper the market growth during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the melamine market during 2019-2023, view our report.
Competitive Landscape
The market appears to be highly fragmented and with the presence of several vendors. Various manufacturers in the market are focusing on increasing their production capacities by adopting low energy melamine process technology for producing melamine. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
