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LAMEA Melamine Formaldehyde Market Size, Share & Trends Analysis Report By Form (Powder, and Liquid), By Application (Laminates, Wood Adhesives, Surface Coatings, Molding Compounds, and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 105 Pages
  • January 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5928419
The Latin America, Middle East and Africa Melamine Formaldehyde Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 189.13 Kilo Tonnes, showcasing a growth of 6.9% (2023-2030).

The competitive landscape spans a global scale, with companies striving to establish a strong presence in various regions worldwide. They tailor their strategies to meet regional demands, compliance requirements, and specific market customer preferences. Companies keenly focus on understanding customer needs and preferences. They aim to deliver customized solutions, superior customer service, and innovative products that address specific industry requirements, enhancing customer satisfaction and loyalty.

Additionally, pricing plays a significant role in competitive strategies. Companies balance offering competitive prices while ensuring quality and value-added services to attract customers without compromising profit margins. Advancements in manufacturing technologies and integrating Industry 4.0 concepts, such as automation and data analytics, enable companies to improve efficiency, quality control, and production processes, staying ahead in the competitive landscape. Thus, the market's competitive landscape is shaped by established industry players engaging in strategic maneuvers, innovation, customer-centric approaches, sustainability initiatives, and technological advancements. Competition drives continuous improvements in products, services, and market strategies, benefiting customers through various choices and innovative solutions.

Several countries in the LAMEA region, such as Brazil, South Africa, and some Middle Eastern countries, have been focal points for automotive manufacturing expansions the automotive sector in South Africa is growing at a fast pace. According to the ITA, South Africa's automotive sector contributed 4.3% to the gross domestic product in 2021 (2.4% production and 1.9% retail). Light commercial vehicle imports constituted 18.1 percent of total light commercial vehicle sales of 1,33,078 units in 2021, while passenger car imports comprised 78.3 percent of total passenger car sales of 3,40,340 units in 2021. Hence, the expanding automotive sector in the region is propelling the growth of the market.

The Brazil market dominated the LAMEA Melamine Formaldehyde Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $93.8 million by 2030. The Argentina market is showcasing a CAGR of 6.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.7% during (2023 - 2030).

Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Laminates, Wood Adhesives, Surface Coatings, Molding Compounds, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • BASF SE
  • Georgia-Pacific LLC (Koch Industries, Inc)
  • INEOS Group Holdings S.A.
  • Mitsui Chemicals, Inc.
  • Sprea Misr (Egypt Kuwait Holdings)
  • Pacific Texchem Private Limited
  • Prefere Resins Holding GmbH
  • Hexzachem Sarawak Sdn Bhd (Hexza Corporation Berhad)
  • Arclin, Inc.
  • Allnex GMBH (PTT Global Chemical Public Company Limited)

Market Report Segmentation

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Powder
  • Liquid
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Laminates
  • Wood Adhesives
  • Surface Coatings
  • Molding Compounds
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Melamine Formaldehyde Market, by Form
1.4.2 LAMEA Melamine Formaldehyde Market, by Application
1.4.3 LAMEA Melamine Formaldehyde Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Melamine Formaldehyde Market, By Form
4.1 LAMEA Powder Market, By Country
4.2 LAMEA Liquid Market, By Country
Chapter 5. LAMEA Melamine Formaldehyde Market, By Application
5.1 LAMEA Laminates Market, By Country
5.2 LAMEA Wood Adhesives Market, By Country
5.3 LAMEA Surface Coatings Market, By Country
5.4 LAMEA Molding Compounds Market, By Country
5.5 LAMEA Others Market, By Country
Chapter 6. LAMEA Melamine Formaldehyde Market, By Country
6.1 Brazil Melamine Formaldehyde Market
6.1.1 Brazil Melamine Formaldehyde Market, By Form
6.1.2 Brazil Melamine Formaldehyde Market, By Application
6.2 Argentina Melamine Formaldehyde Market
6.2.1 Argentina Melamine Formaldehyde Market, By Form
6.2.2 Argentina Melamine Formaldehyde Market, By Application
6.3 UAE Melamine Formaldehyde Market
6.3.1 UAE Melamine Formaldehyde Market, By Form
6.3.2 UAE Melamine Formaldehyde Market, By Application
6.4 Saudi Arabia Melamine Formaldehyde Market
6.4.1 Saudi Arabia Melamine Formaldehyde Market, By Form
6.4.2 Saudi Arabia Melamine Formaldehyde Market, By Application
6.5 South Africa Melamine Formaldehyde Market
6.5.1 South Africa Melamine Formaldehyde Market, By Form
6.5.2 South Africa Melamine Formaldehyde Market, By Application
6.6 Nigeria Melamine Formaldehyde Market
6.6.1 Nigeria Melamine Formaldehyde Market, By Form
6.6.2 Nigeria Melamine Formaldehyde Market, By Application
6.7 Rest of LAMEA Melamine Formaldehyde Market
6.7.1 Rest of LAMEA Melamine Formaldehyde Market, By Form
6.7.2 Rest of LAMEA Melamine Formaldehyde Market, By Application
Chapter 7. Company Profiles
7.1 BASF SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Georgia-Pacific LLC (Koch Industries, Inc.)
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 INEOS Group Holdings S.A.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Mitsui Chemicals, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Sprea Misr (Egypt Kuwait Holdings)
7.5.1 Company Overview
7.6 Pacific Texchem Private Limited
7.6.1 Company Overview
7.7 Prefere Resins Holding GmbH
7.7.1 Company Overview
7.8 Hexzachem Sarawak Sdn Bhd (Hexza Corporation Berhad)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.9 Arclin, Inc.
7.9.1 Company Overview
7.10. Allnex GMBH (PTT Global Chemical Public Company Limited)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis

Companies Mentioned

  • BASF SE
  • Georgia-Pacific LLC (Koch Industries, Inc)
  • INEOS Group Holdings S.A.
  • Mitsui Chemicals, Inc.
  • Sprea Misr (Egypt Kuwait Holdings)
  • Pacific Texchem Private Limited
  • Prefere Resins Holding GmbH
  • Hexzachem Sarawak Sdn Bhd (Hexza Corporation Berhad)
  • Arclin, Inc.
  • Allnex GMBH (PTT Global Chemical Public Company Limited)

Methodology

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