Global Melamine Market Outlook, 2019-2020 & 2027 - Strong Demand from the Construction Industry
DUBLIN, Jan. 8, 2021 /PRNewswire/ -- The "Melamine - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Jan. 8, 2021 /PRNewswire/ -- The "Melamine - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
- Global Melamine market accounted for $1,541.87 million in 2019 and is expected to reach $2,551.78 million by 2027 growing at a CAGR of 6.5% during the forecast period.
- The strong demand from the construction industry is the major factor propelling market growth.
- Melamine formaldehyde resins or melamine resins are hard, glossy, strong, and display strong resistance to moisture, heat, stain, and wear.