Global melamine market to reach 1.8 million tons by 2015
SAN JOSE, CA – The global market for melamine is projected to exceed 1.8 million tons by the year 2015, according to Melamine: A Global Strategic Business Report recently released by Global Industry Analysts Inc.

This projection 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 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.

The wood-based panel industry is the largest end-use market for melamine. The industry employs melamine in wooden-based panels, including 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.

Read more.

Have something to say? Share your thoughts with us in the comments below.