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New York, November 17, 2021/PRNewswire/ - According to Technavio's latest research report, it is estimated that from 2020 to 2025, the melamine formaldehyde market will increase by 1.2183 million tons, a compound annual growth rate of 6.49%.
In-depth understanding of the melamine formaldehyde market-request a free sample report!
The melamine formaldehyde market covers the following areas:
The melamine formaldehyde market report covers insights into the main trends, main growth drivers and challenges affecting the overall growth of the market. Key drivers such as growing demand in the construction industry will provide huge business opportunities. However, challenges such as raw material price fluctuations will hinder market growth.
Technavio analyzed the melamine formaldehyde market by application (laminates, adhesives, molding powders, coatings, etc.) and geography (Asia Pacific, North America, Europe, South America, and MEA). Through the analysis of key parameters, this report introduces in detail the market and the way of researching, synthesizing and summarizing data from multiple sources.
During the forecast period, 71% of market growth will come from the Asia-Pacific region. China and India are the main markets for melamine formaldehyde in the region.
Related report: Polyetheramine market-The size of the polyetheramine market will grow at a compound annual growth rate of 5.16% from 2021 to 2025 by US$30568 million. Download the free sample now!
Methylene diphenyl diisocyanate market-The methylene diphenyl diisocyanate (MDI) market is expected to grow by US$5.56 billion, with a compound annual growth rate of 4.22% from 2021 to 2025. Download the free sample now!
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Accelerate at a CAGR of 6.49%
Asia Pacific, North America, Europe, South America and MEA
China, the United States, the Russian Federation, India and Germany
Leading company, competitive strategy, scope of consumer participation
Allnex Netherlands BV, Arclin Inc., BASF SE, Chemiplastica SA, Hexion Inc., HEXZA Corp. Berhad, Mitsui Chemicals Inc., OCI NV, Prefere Resins Holding GmbH, and The Dovechem Group
Mother market analysis, market growth incentives and obstacles, fast and slow growth market segment analysis, COVID-19 impact and future consumer dynamics, market conditions analysis during the forecast period
If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.
About Us 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.
Contact Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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