Melamine Foam Market Report Overview
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global melamine foam market size was USD 1149.9 million in 2021 and market is projected to touch 2772.6 Million by 2031, exhibiting a CAGR of 9.2 % during the forecast period.
Melamine foam is a thermosetting substance formed of a copolymer of formaldehyde, melamine, and sodium bisulfate. Melamine is a flexible chemical substance that has been utilized as pipe and duct insulation. The foam has an extraordinary capacity for cleaning thanks to its distinct open-cell structure. Due to its superior sound-absorbing and thermal-insulating qualities, foam is also frequently employed in soundproofing and insulation applications. Being easily recyclable and reusable makes it an environmentally responsible choice.
The market for melamine foam is expanding for a variety of factors, such as its expanding use in insulation, soundproofing, and cleaning applications. Melamine is a popular option for cleaning goods due to its superior cleaning capabilities, eco-friendliness, and lack of need for harsh chemicals. Additionally, due to its superb sound-absorbing and thermal-insulating qualities, it is used in industrial and construction applications. The fact that the foam is generated in big quantities and is simple to make is another factor contributing to the market expansion for the product.
COVID-19 Impact: Supply Chain Disruptions Resulted in Longer Delivery Time
The melamine foam industry has been greatly impacted by the COVID-19 outbreak. Due to the pandemic's disruption of supply chains, raw material shortages and production delays resulted. This had resulted in longer delivery times and higher prices for several melamine goods. The building and industrial sectors, which heavily utilized foam for insulation and soundproofing, had also been impacted by the epidemic. There had been a decrease in demand for these applications as a result of the economic downturn and decreased construction activity.
Latest Trends
"Reduced Noise and Vibration in Car Interiors Due to the Use of Melamine"
Melamine is being used in automotive and transportation applications, which is one of the most recent trends in the industry. In order to reduce noise and vibration, the foam is utilized as an acoustic insulator in car interiors. Due to its ability to easily remove dirt and grime from surfaces without harming the paint or finish, it is also employed as a cleaning tool for car maintenance. All things considered, the melamine market is developing to keep up with the shifting needs of consumers and industries, with an emphasis on sustainability, multifunctionality, and improved performance.
Melamine Foam Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into Rigid Melamine Foam, Semi-Rigid Melamine Foam and Flexible Melamine Foam
- By Application Analysis
Based on application, the market can be divided into Industrial, Construction, Transportation and Others
Driving Factors
"Rising Demand in Industrial Applications and for Efficient Cleaning Solutions is Fueling the Need"
Melamine foam is widely used in the building sector on account of its acoustic and thermal insulation capabilities. Melamine demand for insulation and soundproofing purposes is being driven by the rising need for new buildings and constructions, particularly in emerging nations. Melamine is additionally employed in building as a fire-resistant substance. In addition, the need for efficient cleaning solutions is growing as customers become more health and hygiene concerned. Due to its capacity to clean a variety of surfaces without the use of harsh chemicals, melamine has grown to be a popular option.
"Benefits Offered by the Foam Over Conventional Chemicals Make it a Suitable Choice"
The need for environmentally friendly alternatives has increased as a result of growing awareness of the harmful effects of conventional cleaning chemicals on the environment. Melamine can effectively clean surfaces without the need of harsh chemicals, making it an environmentally friendly solution. It's an excellent choice for cleaning surfaces due to its open-cell structure's capacity to capture dirt and grime. Due to its great noise and vibration reduction capabilities, foam is being used in building projects more frequently. Melamine is increasingly being used in insulation applications thanks to its superior thermal insulation capabilities. These factors are promoting the melamine foam market growth to expand tremendously during the anticipated time frame.
Restraining Factors
"High Cost of Production of the Foam Might Prevent it from Being Widely Used"
The high cost of production for melamine in comparison to conventional cleaning supplies is one of its deterrents. This foam is a specialized product that needs sophisticated manufacturing techniques, which might increase the cost relative to alternative cleaning solutions. Melamine can also degrade more quickly than conventional cleaning supplies, necessitating more frequent replacement and raising costs all around. The high price of the foam may prevent it from being widely used in some areas, especially in price-sensitive sectors such as retail and hospitality.
Melamine Foam Market Regional Insights
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"Stringent Regulations and Presence of Major Manufacturers are Piloting the Regional Market"
For the use of chemicals in consumer items, Europe has some of the tightest laws in the world. This has prompted the promotion and use of environmentally friendly goods, such as foam, a powerful cleaning solution that is devoid of harmful chemicals. Melamine is produced by a number of significant companies in Europe, which has aided in broadening its application. Melamine is now easier to get and more affordable in Europe as a result of established supply chains and manufacturing facilities. In the long run, these elements are anticipated to contribute to Europe's supremacy in the melamine foam market share.
Key Industry Players
"Key Players Focus on Product Development to Boost their Client Base and Competitive Position "
Businesses are investing in R&D to diversify their product lines with cutting-edge, environmentally safe foam products. They are able to serve a wider range of markets and applications as a result. To increase productivity and cut costs, businesses are investing in innovative manufacturing capabilities. They are able to increase their market share and offer competitive prices as a result. These actions by the market participants are generally intended to boost each company's share of the market, client base, and competitive position.
List of Market Players Profiled
- BASF SE (Germany)
- SINOYQX (Yulong) (China)
- Puyang Green Foam (China)
- Recticel (Belgium)
- Junhua (China)
- BEIJING GUOJIAN ANKE (China)
- CMS Danskin Acoustics (U.K.)
- Linyi Yingke Chemistry (China)
- Queen City (U.S.)
Report Coverage
This report covers the melamine foam market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1149.9 Million in 2021 |
Market Size Value By |
US$ 2772.6 Million by 2031 |
Growth Rate |
CAGR of 9.2% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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Which are the driving factors of the melamine foam market?
Rising demand in industrial applications and for efficient cleaning solutions is fueling the need and benefits offered by the foam over conventional chemicals make it a suitable choice are the driving factors of the melamine foam market.
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Which are the top companies operating in the melamine foam market?
BASF SE, SINOYQX (Yulong), Puyang Green Foam, Recticel and Junhua are the top companies operating in the melamine foam market.
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Which region dominated the melamine foam market?
Europe dominated the melamine foam market.