Amino Resins
SKU
MRR-8E22B619328D
Region
Global
Publication Date
March 2024
Delivery
Immediate
2023
USD 19.03 billion
2030
USD 26.79 billion
2024
USD 20.00 billion
CAGR
5.00%
Amino Resins Market by Type (Melamine-Formaldehyde (MF), Urea-Formaldehyde (UF)), Application (Fibrous & Granulated Board, Laminates, Paper Treating & Coating) - Global Forecast 2024-2030

[189 Pages Report] The Amino Resins Market size was estimated at USD 19.03 billion in 2023 and expected to reach USD 20.00 billion in 2024, at a CAGR 5.00% to reach USD 26.79 billion by 2030.

Amino Resins Market
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Amino resins are a type of thermosetting resins that are formed by the reaction of aldehydes with amino compounds. They are widely used as adhesives and coatings due to their excellent bonding properties, high tensile strength, and resistance to solvents and heat. The most common types of amino resins are urea-formaldehyde and melamine-formaldehyde, which are utilized in applications ranging from particleboard manufacturing to automotive paint production. The primary drivers for amino resin utilization include the surging demand for adhesives and coatings in the wood paneling and furniture industries. Additionally, the expansion of the automotive and construction sectors, where amino resins are essential for producing laminates, molding compounds, and insulation materials, stimulates market growth. The surging need for lightweight and fuel-efficient vehicles has led to higher utilization of amino resins in automotive applications, further propelling the market. One of the major challenges facing amino resins is the environmental concern associated with formaldehyde emissions, a byproduct of amino resin synthesis regulated by stringent environmental standards. This has led to an increased need for research into alternative, eco-friendly adhesives. Additionally, fluctuating raw material costs and potential supply chain disruptions present notable obstacles for players. The demand for sustainable and formaldehyde-free resins presents a substantial opportunity for innovation in amino resins. Advancements in bio-based amino resins and the development of more environmentally friendly manufacturing processes are expected to provide new avenues for industry expansion. Moreover, emerging economies in the Asia-Pacific region offer lucrative opportunities for amino resin manufacturers owing to increased industrial activities and infrastructure development.
Amino Resins Market - Global Forecast 2024-2030
To learn more about this report, request a free sample copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Amino Resins Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Amino Resins Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Amino Resins Market, highlighting leading vendors and their innovative profiles. These include Advanced ChemTech, AkzoNobel N.V., Allnex GMBH, Arclin, Inc., Arkema S.A., Bakelite Synthetics Group, BASF SE, Capital Resin Corporation, Cardolite Corporation, Chang Chun Group, DAIKIN INDUSTRIES, Ltd., DuPont de Nemours, Inc., Evonik Industries AG, Hexion Inc., Huntsman International LLC, INEOS AG, Kukdo Chemical Co., Ltd., LRBG Chemicals Inc., Merck KGaA, Mitsubishi Chemical Corporation, Mitsui Chemicals, Inc., Platinum Resins, Polyformalin Pvt. Ltd., Prefere Resins Holding GmbH, and Uniform Synthetics.

Market Segmentation & Coverage

This research report categorizes the Amino Resins Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Melamine-Formaldehyde (MF)
    • Urea-Formaldehyde (UF)
  • Application
    • Fibrous & Granulated Board
    • Laminates
    • Paper Treating & Coating
    • Surface Coatings
    • Textile Treating
    • Wood Adhesives

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Amino Resins Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Amino Resins Market?
  3. What are the technology trends and regulatory frameworks in the Amino Resins Market?
  4. What is the market share of the leading vendors in the Amino Resins Market?
  5. Which modes and strategic moves are suitable for entering the Amino Resins Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Amino Resins Market, by Type
  7. Amino Resins Market, by Application
  8. Americas Amino Resins Market
  9. Asia-Pacific Amino Resins Market
  10. Europe, Middle East & Africa Amino Resins Market
  11. Competitive Landscape
  12. Competitive Portfolio
Companies Mentioned
  • Advanced ChemTech
  • AkzoNobel N.V.
  • Allnex GMBH
  • Arclin, Inc.
  • Arkema S.A.
  • Bakelite Synthetics Group
  • BASF SE
  • Capital Resin Corporation
  • Cardolite Corporation
  • Chang Chun Group
  • DAIKIN INDUSTRIES, Ltd.
  • DuPont de Nemours, Inc.
  • Evonik Industries AG
  • Hexion Inc.
  • Huntsman International LLC
  • INEOS AG
  • Kukdo Chemical Co., Ltd.
  • LRBG Chemicals Inc.
  • Merck KGaA
  • Mitsubishi Chemical Corporation
  • Mitsui Chemicals, Inc.
  • Platinum Resins
  • Polyformalin Pvt. Ltd.
  • Prefere Resins Holding GmbH
  • Uniform Synthetics
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Frequently Asked Questions about the Amino Resins Market
The Global Amino Resins Market size was estimated at USD 19.03 billion in 2023 and expected to reach USD 20.00 billion in 2024.
The Global Amino Resins Market to grow USD 26.79 billion by 2030, at a CAGR of 5.00%
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