Boston, MA -- (SBWIRE) -- 06/16/2017 -- Melamine is a heterocyclic organic compound that has nitrogen as its key component. The high nitrogen content makes melamine products extremely flame retardant. Melamine, when reacted with formaldehyde, forms melamine formaldehyde. Melamine formaldehyde exhibits good properties such as durability and resistance to heat when cross-linked with other chemical products.

Technavio's analysts forecast the global melamine formaldehyde market to grow at a CAGR of 5.93% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global melamine formaldehyde market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Melamine Formaldehyde Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Melamine Formaldehyde Market 2017-2021

Key vendors

-allnex
-BASF
-Chemiplastica
-HEXZA CORPORATION BERHAD
-INEOS Melamines

Other prominent vendors

-Chemisol Italia
-Chimica Pomponesco
-Eternal Resin
-EUROTECNICA Contractors and Engineers
-Hexion
-Georgia-Pacific Chemicals
-Mitsui Chemicals
-Qatar Melamine

Market driver

-Increasing demand from construction industry
-For a full, detailed list, view our report

Market challenge

-Volatility in raw material prices
-For a full, detailed list, view our report

Market trend

-Growing demand for melamine from automotive industry
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: allnex, BASF, Chemiplastica, HEXZA CORPORATION, BERHAD, INEOS Melamines, Chemisol Italia, Chimica Pomponesco, Eternal Resin, EUROTECNICA Contractors and Engineers, Hexion, Georgia-Pacific Chemicals, Mitsui Chemicals, Qatar Melamine

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