The report segments the application market of Melamine formaldehyde into Tableware, Adhesives, Paints & Coatings, Laminates, Electricals & Household Appliances, Sanitary Ware, and Other Applications.
Portland, Oregon (PRWEB UK) 28 May 2014
Melamine formaldehyde, a hard and thermosetting plastic material, is a combination of melamine and formaldehyde, which is prepared through the process of polymerization. There is not much difference between Melamine formaldehyde and Urea formaldehyde in terms of processing and applications. However, the latter displays additional characteristics such as moisture-resistant, harder, and stronger than urea formaldehyde.
Factors such as growth of furniture & construction industries and rising demand for paper, coating, automotive, paints, textiles and secondary processed products are driving the market. However, fluctuating raw material prices work as a major restraint for global melamine formaldehyde market.
The report segments the application market of Melamine formaldehyde into Tableware, Adhesives, Paints & Coatings, Laminates, Electricals & Household Appliances, Sanitary Ware, and Other Applications. Due to higher resistance to light, UV, water, and fire, laminates have the highest application under melamine formaldehyde market.
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North America, Europe, Asia Pacific and RoW are important geographical region for global melamine formaldehyde market. Application of melamine is on the decline in North America due to stringent laws and policies. China is driving the melamine formaldehyde market in Asia Pacific region.
Major firms that play an important role in the market are:
OCI Nitrogen BV
Momentive Specialty Chemicals
The analysis provides a fair idea of the global melamine formaldehyde market, its drivers, opportunities and key concerns. The global market is analyzed using Porter’s five force model which assists the companies to adopt new strategies to increase their market share. Threat of bargaining powers of buyers and suppliers is analyzed comprehensively. The value chain analysis in the report explains the key intermediaries operating in this market.
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Analysis provides information about current market situations, changing market dynamics, expected trends and market intelligence
The driving and restraining factors of the global melamine formaldehyde market are analyzed comprehensively in this study. Porter’s five force model and SWOT analysis discussed for global melamine formaldehyde market would help in making strategic decisions
The analysis assists in understanding the strategies adopted by the companies for the growth of the melamine formaldehyde market
Micro level analysis is conducted based on product types, applications and geographies
The global melamine formaldehyde market is segmented into two major categories such as application and geography.
Key Market Segments
MARKET BY APPLICATIONS
Paints & Coatings
Electricals & Household Appliances
MARKET BY GEOGRAPHY
Rest of the world
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