Melamine Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increasing Demand from the Construction Industry to Boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--#GlobalMelamineMarket--Technavio has been monitoring the melamine market and it is poised to grow by 555.03 thousand tons during 2020-2024, at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by application, which is the leading segment in the market?
  • The laminates are expected to be the leading segment in the global market during the forecast period.
  • What is the major trend of the market?
  • Increased popularity of modular kitchen is one of the major trends of the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 5%, the incremental growth of the market is anticipated to be 555.03 thousand tons during the forecast period.
  • Who are the top players in the market?
  • BASF SE, Borealis AG, Cornerstone Chemical Co., Grupa Azoty Zaklady Azotowe Pulawy SA, INEOS Group Holdings SA, Methanol Holdings Trinidad Ltd., Mitsui Chemicals Inc., Nissan Chemical Corp., OCI NV, and Qatar Petroleum. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Increasing demand from the construction industry and increased popularity of modular kitchen are the major factors driving the market. However, the availability of substitutes restraints the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BASF SE, Borealis AG, Cornerstone Chemical Co., Grupa Azoty Zaklady Azotowe Pulawy SA, INEOS Group Holdings SA, Methanol Holdings Trinidad Ltd., Mitsui Chemicals Inc., Nissan Chemical Corp., OCI NV, and Qatar Petroleum are some of the major market participants. The increasing demand from the construction industry will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Melamine Market 2020-2024: Segmentation

Melamine Market is segmented as below:

  • Application
    • Laminates
    • Adhesives Resins
    • Coating Resins
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41624

Melamine Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The melamine market report covers the following areas:

  • Melamine Market Size
  • Melamine Market Trends
  • Melamine Market Analysis

This study identifies increased popularity of modular kitchen as one of the prime reasons driving the melamine market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Melamine Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist melamine market growth during the next five years
  • Estimation of the melamine market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the melamine market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of melamine market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook
  • Market size and Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Laminates - Market size and forecast 2019-2024
  • Adhesives resins - Market size and forecast 2019-2024
  • Coating resins - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BASF SE
  • Borealis AG
  • Cornerstone Chemical Co.
  • Grupa Azoty Zaklady Azotowe Pulawy SA
  • INEOS Group Holdings SA
  • Methanol Holdings Trinidad Ltd.
  • Mitsui Chemicals Inc.
  • Nissan Chemical Corp.
  • OCI NV
  • Qatar Petroleum

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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