Form a strategic response through the industry recovery phase
Allnex Holland BV, BASF SE and Chemiplastica SA will become major players in the melamine formaldehyde market in 2020-2024
Technavio announced its latest market research report, entitled "Global Melamine Formaldehyde Market 2020-2024" (Graphic: Business Wire)
Technavio announced its latest market research report, entitled "Global Melamine Formaldehyde Market 2020-2024" (Graphic: Business Wire)
LONDON--(BUSINESS WIRE)--According to Technavio, the melamine formaldehyde market is expected to grow by 1.224 million tons in 2020-2024. The report analyzed in detail the impact of the COVID-19 pandemic on the melamine formaldehyde market in optimistic, possible and pessimistic forecast scenarios.
The enterprise will go through the response, recovery and renewal phases. Download a free sample report on COVID-19
Due to the widespread growth of the COVID-19 pandemic, the melamine formaldehyde market will be neutrally affected during the forecast period. According to Technavio's market research focusing on the pandemic, market growth may decline compared to 2019.
As the novel coronavirus pandemic continues to spread, organizations around the world are using technology to gradually flatten their decline curve. Many companies will go through the response, recovery, and renewal phases. Building business resilience and achieving agility will help organizations move forward on their journey from the COVID-19 crisis to the next normal state.
This post-pandemic business planning study will help clients:
Download the post-pandemic business planning structure. click here
The main considerations of the market forecast:
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Materials industry related reports:
The global formaldehyde market-the formaldehyde market is based on end users (construction and furniture, automobiles, etc.), derivatives (urea formaldehyde, phenolic formaldehyde, melamine formaldehyde, polyformaldehyde, etc.) and geography (Asia Pacific, North America, Europe, South America and MEA). Click here for an exclusive free sample report
Global Melamine Market-The Melamine market is segmented by application (laminates, adhesive resins, coating resins, etc.) and geographic regions (Asia Pacific, Europe, MEA, North and South America). Click here for an exclusive free sample report
Three major players in the melamine formaldehyde market:
Allnex Holland BV operates its business through a unified department. The company provides melamine formaldehyde under the CYMEL brand.
BASF SE operates its business through agricultural solutions and other sectors. The company provides melamine formaldehyde resin under the Saduren brand.
Chemiplastica SA operates its business through a unified department. The company provides melamine formaldehyde under the Melochem brand.
If you purchase a report updated in the next 60 days, we will send you the new version and data excerpts for free! Get a snapshot of the report here for a detailed market share analysis of market participants during the COVID-19 lock-in period: https://www.technavio.com/report/melamine-formaldehyde-market-industry-analysis
Melamine Formaldehyde Market 2020-2024: Segmentation
The market segmentation of melamine formaldehyde is as follows:
The melamine formaldehyde market is driven by the growth in demand from the construction industry. In addition, other factors, such as emerging alternatives to formaldehyde in composite wood adhesives, are expected to trigger a compound annual growth rate of more than 6% in the melamine formaldehyde market during the forecast period.
To get more insights on global trends affecting the future of the melamine formaldehyde market, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45639
Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
The melamine formaldehyde market will grow by 1224.00 tons in 2020-2024
Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/