New Materials research report from Markets and Markets is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 05/11/2013 -- Amino Resin Market - by Types (Urea Formaldehyde, Melamine Formaldehyde, Melamine Urea Formaldehyde), Applications (Particle Board, MDF, Plywood, Laminates, Coatings) & Geography - Global Trends & Forecasts to 2018
Amino resins are thermosetting resins formed by copolymerization of amino compounds with an aldehyde. Amino resins are used in wood panels, coatings, laminates, molding compounds, adhesives, and other industry.Amino resins are majorly used as adhesives in wood panels such as particleboards, MDF, plywood, etc. The high performance of amino resins in terms of strength and resistance they provide to wood panels are major driver of amino resin market.
The report covers three major commercially used amino resins; urea formaldehyde resin (UF),melamine formaldehyde resin (MF), and melamine urea formaldehyde resin (MUF). Asia-Pacific leads in consumption of UF & MF resins followed by Europe and North America. China is the biggest consumer in the global UF and MF market. The market demand of amino resins in wood products has increased at a higher CAGR since 2011 after economic downturn of 2008 and is expected to remain at moderate CAGR till 2018. The coatings industry is expected to elevate the amino resin demand with increase in automotive and paint industry in near future.
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The report estimates the global market of UF resin, MF resin, and MUF resin till 2018. Themarket research study provides detailed qualitative and quantitative analysis of the global amino resinsmarket. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and forecasted for major regions such asNorth America, Europe, Asia-Pacific, and Rest of the World. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.Market has also been segmented on the basis of applications. The major applications for amino resins such as particle board, MDF, plywood, laminates, molding compound, coatings, etc. have been discussed in detail in the report.
We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of amino resins. The primary sources-selected experts from related industries and selected suppliers-have been interviewed to obtain and verify critical information as well as to assess the future prospects of amino resin market.
Scope of the report: This research report categorizes the global amino resin market on the basis of applications and geography; forecasting volume and revenue and analyzing trends in each of the submarkets.
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