Global Melamine Market to Reach 1.8 Million Tons by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Melamine market. The global market for melamine is projected to exceed 1.8 million tons by the year 2015. This is primarily driven by growing demand in the key markets of Europe, the largest market for melamine in the world, and Asia-Pacific, particularly China, the fastest growing market for melamine. Demand for melamine is comparatively low in the Americas, due to the historical preference towards veneer-based plywood and solid wood, over reconstituted wooden panels.

Melamine: A Global Strategic Business Report

Melamine is a crystalline, white powder produced from urea, which is an easily available material made from carbon dioxide and ammonia. Melamine acts as a raw material in the production of amino-formaldehyde resins. Melamine is used in a wide range of applications including adhesive resins, coatings, dinnerware, flame-retardants and laminates. Wood-based panel industry is the largest end-use market for melamine. The industry employs melamine in wooden-based panels, including Medium Density Fiberboard (MDF) and particleboard panels, and in laminates to make furniture, kitchen tops and laminate flooring panels.

Europe and Asia Pacific, especially China, dominates the world melamine market as stated by the new market research report on melamine. In China, melamine is used in various applications in coatings, decoration board, timber processing, leather, molding plastic, textile, and paper industries. Timber processing and decoration board are the major end-use markets that account for nearly one-half of the overall consumption.

Global melamine manufacturers are facing several new challenges owing to the difficult economic and market situation. Some major manufacturers are under threat to close their units. However, there are some positive transitions in the market as new under-construction projects including Eurochem's plant in Russia, MHTL's melamine manufacturing facility in Trinidad & Tobago and QAFCO melamine plant in Qatar have not been abandoned. The aforementioned projects are likely to have considerable affect on the market. Although there is uncertainty with respect to profitability of these projects, the melamine market condition may show signs of improvement in the future.

Key players dominating the global melamine market include BASF SE, Borealis AG, AMI Agrolinz Melamine International GmbH, Chongqing Jian Feng Chemical Co., Ltd., Cytec Industries, Inc., Eurotecnica, Hexion Specialty Chemicals, Inc., Jinan Huatailong Chemical Co., Ltd., Mitsui Chemicals, Inc., Royal DSM N.V., Sichuan Jade Elephant Melamine S&T Co., Ltd., Shandong Haihua Company Limited, Zaklady Azotowe Pulawy SA, and Zhong Yuan Dahua Group Ltd., among others.

The report titled "Melamine: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and provides analytics in tons for the regions including the United States, Japan, Europe, Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Melamine_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com

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