Amino Resins Market worth $15.1 Billion by 2018


Posted June 16, 2016 by RohitBhagare

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 "Amino Resin Market - by Types (Urea Formaldehyde, Melamine Formaldehyde, Melamine Urea Formaldehyde), Applications (Particle Board, MDF, Plywood, Laminates, Coatings) and Geography - Global Trends and Forecasts to 2018" defines and segments the global amino resins market with analysis and forecasting of the global volume and revenue. It also identifies driving and restraining factors for the global amino resins market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of applications.
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Key content of this market:
Asia-Pacific: a market place of Amino resins
The amino resin industry is witnessing high growth on the account of growing demand in the Asia-Pacific region. China is the biggest producer and consumer of UF resin and MF resin. The domestic demand of wood panels in China is high due to rapid urbanization and cheap cost of finished wood products. The export of finished wood products is high to European countries from China. The other growing amino resin markets are Japan, Indonesia, India, and South Korea.

Get more information:
http://www.marketsandmarkets.com/Market-Reports/amino-resins-market-966.html
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 resin 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.
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.
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Last Updated June 16, 2016