Transparency Market
Research
Melamine Formaldehyde Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019
Published Date
18-April-2014
102 Page Report
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Press Release
Melamine Formaldehyde Market is Expected to Reach USD 20.62
Billion in 2019 : TMR
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Melamine Formaldehyde Market
REPORT DESCRIPTION
Melamine Formaldehyde Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019
A new report published by Transparency Market Research "Melamine Formaldehyde Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" states that the global demand for the
melamine formaldehyde was valued at USD 13.45 billion in 2012 and is expected to reach USD 20.62 billion in
2019, growing at a CAGR of 6.3% between 2013 and 2019.
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The demand for melamine formaldehyde is expected to be driven by strong growth factors in end-use
industries. Melamine is an organic, heterocyclic compound that has nitrogen as its major constituent. Due to
the presence of high nitrogen content, melamine products are extremely flame retardant by nature. Melamine
when reacted with formaldehyde constitutes melamine formaldehyde (MF) – a chemical element that exhibits
excellent properties when cross-linked with various other chemical products.
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Melamine formaldehyde has a wide range of applications. Its growing demand is seen from end-user industries
such as, furniture, construction, automobile, lamination, textile, and paper among many others. Owing to huge
demand for melamine formaldehyde products from...