Melamine Industry Statistics

In this post, we explore key statistics and insights pertaining to the global melamine industry. From market size and key players to regional consumption trends and future projections, we delve into the data that shapes the landscape of this industry.

Statistic 1

"The global melamine market was worth approximately $6.5 billion in 2020."

Statistic 2

"The global melamine market size is expected to register a 4.5% CAGR during the forecast period (2021-2028)."

Statistic 3

"It's estimated that China accounted for nearly 45% of the worldwide melamine consumption in 2019."

Statistic 4

"As of 2021, Borealis AG, BASF SE, and OCI N.V. are the top players in the global melamine market."

Statistic 5

"The laminates segment held the major share of the global melamine market, at around 50% in 2019."

Statistic 6

"As of 2020, over 80% of the global melamine is used to manufacture melamine-formaldehyde resins."

Statistic 7

"The global melamine industry is projected to reach a size of $9.5 Billion by 2027."

Statistic 8

"In 2019, The Asia Pacific region had a leading share of more than 55% in the global melamine market."

Statistic 9

"Europe is the second largest consumer of Melamine, with Germany being the region's highest-consuming country."

Statistic 10

"The construction industry is projected to drive around 65% of the total demand for the global melamine market by 2024."

Statistic 11

"The global melamine market faced a growth rate of around 2.5% between 2015-2019."

Statistic 12

"As of 2021, the total production capacity of melamine in China is about 2 million metric tons per year."

Statistic 13

"By 2026, the global melamine market size is anticipated to reach approximately 8.4 million tonnes."

Statistic 14

"Chemical leakage risks and stringent regulation can restrain the growth of the global melamine market."

Statistic 15

"In 2019, China was the largest exporter of Melamine, with a volume of 1.1 million metric tons."

Statistic 16

"According to 2019 estimates, 33% of the world's melamine formaldehyde market consumption was for laminates."

Statistic 17

"The global market for melamine is heavily concentrated, with the top five companies accounting for over 75% of the market in 2020."

Statistic 18

"The melamine market in North America was worth $1.23 billion in 2020."

In conclusion, the global melamine market is a significant industry with a substantial market size and growth potential. China currently dominates the market, both in consumption and production capacity. The market is expected to continue growing, driven primarily by the construction industry and the rising demand for melamine-formaldehyde resins. However, challenges such as chemical leakage risks and stringent regulations could hinder market growth. Despite being heavily concentrated with a few top players, there is room for expansion and increased market diversification. Overall, the future of the global melamine industry looks promising, with projected growth in market size and demand.