Amino Resin Market 2020 Global Industry Growth, Size, Trends, Insights and Forecast 2026
The global Amino Resin market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global Amino Resin market includes by Type (Urea Formaldehyde, Melamine Formaldehyde, Melamine Urea Formaldehyde, n-butyl Etherified Amino Resin, Isobutylated Amino Resin), by Application (Binders, Crosslinking Agent, Plasticizers, Decorative Laminates, Air Filtration, Coating Films, Primer, Others), by End Use Industry (Chemicals, Paints & Coatings, Adhesive & Sealants, Woodworking, Others), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
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Amino resins are thermosetting synthetic resins with excellent strength, influence resistance, and hardness. Amino resin are formed by copolymerization of amines or amides with aldehydes. When mixed with acrylic and polyester resin Amino Resin provide numerous function to base material such as solvent resistance and coating hardness.
Amino resin operates as a crosslinking agent which is further implemented in the Paints& Coating Industry. It is also used as plasticizers that are used in cement & concrete. Moreover, Amino Resin used in the adhesive in woodworking and hence the growth of the Building & Construction industry can create a positive impact on the Global Amino Resin market. However, the strict regulatory scenario over the emission and usage of formaldehyde can hinder the growth of the global Amino Resin market.
The global Amino Resin market is primarily segmented by type, application, end use industry, and region.
On the basis of Type, the market is split into:
* Urea Formaldehyde
* Melamine Formaldehyde
* Melamine Urea Formaldehyde
* n-butyl Etherified Amino Resin
* Isobutylated Amino Resin
* Others (Butylated Urea, Benzoguan Amine-Formaldehyde)
Based on Application, the market is divided into:
* Binders
* Crosslinking Agent
* Plasticizers
* Decorative Laminates
* Air Filtration
* Coating Films
* Primer
* Others (release agents, etc.)
Based on the End Use Industry, the market is segmented into:
* Chemicals
* Paints & Coatings
* Adhesive & Sealants
* Woodworking
* Building & Construction
* Agriculture
* Others
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Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia
Key Market Players:
The key players profiled in the market include:
* Synpol Products Private Limited
* Hexion Inc.
* Capital Resin Corporation
* INEOS
* Uniform Synthetics
* Polyformalin manufacture
* Mpdyechem
* Banner Chemicals Limited
* Chemique Adhesives & Sealants Ltd
* GRUPPO FRATI S.P.A.
* Foresa Industrias Quimicas Del Noroeste, S.A.
* Jiangsu sanmu group Co, Ltd.
* Kronospan Limited
* Metadynea Austria GmbH
* ARCL Organics
* Akolite Synthetic Resins
* SSB Chemical Industries
* Magma Polymers Pvt. Ltd.
* Synthetics & Polymer Industries
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Key Benefits of the Report:
* Global, regional, country, product type, end use industry, and application market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, product types, end use industries, and applications with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of Amino Resin
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Target Audience:
* Amino Resin manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes