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Amino resin Market Size, Industry Trends, Types and Research Report 2018

by upasna · June 4 adidas futurecraft 4d sale , 2018


Amino resin Market is a product of copolymerization of an aldehyde with amino compounds (-NH2). The most commonly used industrial amino resins are Urea Formaldehyde Resin (UF), Melamine formaldehyde Resin (MF), and Melamine Urea Formaldehyde Resin (MUF). The major application of amino resin is as wood adhesive in manufacture of particle board, MDF, and plywood. The other applications are in laminates adidas eqt support adv sale , coatings, molding compound, and others (paper, textiles, etc).


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Key participants in the global amino resin market are Arclin Inc. (U.S.) adidas dame sale , BASF SE (Germany), Chemique Adhesives & Sealants Ltd (U.K.), Cytec Industries Inc. (U.S.), Dynea Oy (Finland), Ercros S.A. (Spain) adidas energy boost sale , Foresa Industrias Quimicas Del Noroeste SA (Spain), Georgia Pacific Llc (U.S.), Kronospan Ltd (U.K.), Momentive Specialty Chemicals Inc. (U.S.), Qingdao Winlong Chemical Industrial Co. Ltd (China) adidas iniki runner sale , Tembec Inc. (Canada), and also other market participants.


Market Dynamics


Rapid growth for amino resin market is driven by growth in end-user industries. Global wood panel market development is one of the major market drivers for amino resins.


The building and construction industry is expected to gain momentum by end of 2013 following the financial crisis of 2011 in U.S., and Western Europe; thus enhancing the demand of wood panels.


Asia-Pacific leads in consumption of UF & MF resins followed by Europe and North America. China is the biggest consumer in the global UF and MF market satisfying the domestic demand and carries out large scale export of finished wood products to neighboring countries and Europe.


MUF resin market is expected to develop with a high CAGR due to its moderate cost and high performance. Germany is the biggest consumer of MUF resin followed by Japan.