North America Melamine Formaldehyde Resin Market Forecast 2018 January 7, 2015

North America Melamine Formaldehyde Resin Market is expected to reach $393 million in 2018 The North America Melamine Formaldehyde Resin Market report defines and segments the Melamine Formaldehyde Resin market in North America with analysis and forecast of revenue Browse through the TOC of the The North America Melamine Formaldehyde Resin Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and Key players in the North America Melamine Formaldehyde Resin Market are Allnex Belgium Sa, Chemiplastica SpA, Kronospan Limited, Ineos Melamine, Hexzachem Sarawak Sdn Bhd, Norsechem Resins Sdn Berhad, Royal Chemie & others. is supported by various tables and figures. http://www.micromarketmonitor.com/market/northamerica-melamine-formaldehyde-resin-5228747188.html Melamine Formaldehyde Resin is produced by polymerization and condensation of melamine, a trimmer of dicyandiamide and formaldehyde at a temperature of above 80°C with or without the presence of an acid catalyst. MF resins are clear and colorless that gives them an advantage to cover a wide range of color combinations and is largest used resin in decorative laminates. The laminates and wood adhesives segment were estimated to cover 76.9% of the MF resins global volume share in 2012. North America is the third largest consumer of MF resins accounting to 11.7% of global consumption. The laminates market in North America consumes a majority of MF resins. Key countries in the region are U.S., Canada, and Mexico. U.S. is the largest consumer with a share of 76.5%, followed by Canada (15.6%), and Mexico (7.9%). Mexico has low consumption value, but is expanding with the highest CAGR for MF resin in North America. U.S. consumes high quality particle board and plywood that requires MF resins to maintain high strength and scratch resistance, thereby giving a longer life to the respective wood panels. Email: [email protected] Tel: [phone]