'Report melamine formaldehyde market' presentation slideshows

Mineral Wool Market by Application & Regional Analysis

The mineral wool market is projected to register a CAGR of 7.0% (between 2014 & 2019) with market size estimated at $12.0 billion by 2019. Asia-Pacific region, with its reviving economy and rapidly expanding building & construction sector and growing number of industries base is projected to experience the highest growth in demand between 2014 and 2019, followed by the Rest of the World (RoW) region. The major factors driving the market growth are the increasing demand for the mineral wool based insulation products for thermal and acoustic insulation in the residential and commercial buildings and demand for heat insulation for the industrial applications to avoid heat loss and save energy.

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Melamine Formaldehyde Market by Application and Geography Global Forecasts to 2019

Rise in end- use industries such as furniture, building & construction, etc., coupled with soaring demand from emerging economies such as China, Japan, etc., is anticipated to drive the melamine formaldehyde market globally. Also, this growth is largely fueled by the increasing applications, technological advancements, and growing demand in the Asia-Pacific region. Key end user markets for melamine formaldehyde vary from construction to packaging and labeling, woodworking, transportation, footwear, and automotive industry. These major end user industries are growing, which in turn has spurred the growth of melamine formaldehyde.

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Melamine Formaldehyde Market Application Scenario

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melamine formaldehyde market

The melamine formaldehyde market is estimated to reach $4.4 Billion by 2019, signifying a CAGR of 9.9% between 2014 and 2019 The global market, along with its applications, showed a high growth in the past few years and is estimated to continue the same growth in coming years. An increase in demand in end- use industries such as automotive, packaging, building & construction, and other applications are the key influencing factors for the global market. Currently, the Asia-Pacific region is the largest consumer of melamine formaldehyde and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India are expected to lead the Asia-Pacific melamine formaldehyde market, with China having the largest share in the regional volumetric consumption of melamine formaldehyde. The market volume of melamine formaldehyde is second highest in Europe, after Asia-Pacific.

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