Throughout Q1 2025, the melamine market in North America exhibited a mixed trend. January saw stable prices as weak downstream demand and ample inventories kept the market subdued despite seasonal cold weather and modest gains in urea costs. Project delays across the construction sector and holiday season inactivity further restrained trading. In February, prices rose slightly as upstream urea costs increased, and non-residential construction lent some support to laminate and coatings demand.

Get the latest insights on price movement and trend analysis of Melamine Resin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In 2024, the global melamine price trends encountered significant challenges, primarily due to oversupply and weakened demand across key regions.

Throughout Q1 2025, the melamine paper market in North America followed a mixed trajectory. January began with stable conditions as weak demand from decorative laminate and furniture segments, along with elevated inventories, kept market sentiment subdued. Seasonal cold weather and widespread construction project delays further limited procurement activity. In February, prices rose modestly amid improved nonresidential construction activity, which supported demand for melamine paper in interior and furnishing applications.

The Melamine-based Adhesives Market Analysis Report is segmented by Application (Laminates, Wood Adhesives, Molding Compounds, Paints and Coatings, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecast in terms of volume (kilo tons) for the abovementioned segments.

Global Melamine Market was valued at USD 5844.23 Million in 2024 and is expected to reach USD 7365.95 Million by 2030 with a CAGR of 4.44%.

Melamine Market was valued at USD 9.47 Billion in 2024 and is projected to reach USD 13.5 Billion by 2032, growing at a CAGR of 5.00% during the forecast period 2026-2032.

Global Melamine Market Drivers

Growing Demand from the Construction Industry: Particleboards, laminates, plywood, and other building materials are made with melamine-formaldehyde resins, which are made using melamine as a primary ingredient. The need for melamine-based products is fueled by the construction industry's strong growth, which is a result of urbanization, infrastructure development, and housing projects.

Growing Need for Coatings and Laminates: Melamine resins are widely utilized in the manufacture of decorative papers, surface coatings, and laminates for use in interior design, furniture, flooring, and cabinetry. The demand for laminates and coatings based on melamine is driven by consumers' growing preference for long-lasting and aesthetically pleasing surfaces in both residential and commercial spaces.

In 2024, the North American melamine market decreased by -47% to $22M, falling for the second consecutive year after two years of growth. Overall, consumption saw a perceptible descent. As a result, consumption attained the peak level of $88M. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

Snapshot img

Melamine Market Size 2024-2028

The melamine market size is forecast to increase by USD 378.5 million, at a CAGR of 3.83% between 2023 and 2028.

The market is witnessing significant growth, driven primarily by the increasing demand from the construction industry. Melamine's versatility and durability make it an ideal choice for various applications, particularly in the production of formwork and fiber cement sheets, which are extensively used in construction. Another key trend influencing market growth is the rising popularity of modular kitchens. Melamine is a preferred material for these kitchens due to its resistance to moisture, ease of cleaning, and affordability. However, the market faces challenges as well. The availability of substitutes, such as MDF and particle board, poses a significant threat to melamine's market share.
These substitutes offer similar properties at lower prices, making them attractive alternatives for manufacturers and consumers alike. To mitigate this challenge, melamine producers must focus on enhancing their product offerings by providing superior quality and unique features that differentiate their offerings from those of their competitors. Additionally, the industry must address environmental concerns related to formaldehyde emissions from melamine resins, which could negatively impact market growth if not addressed effectively. Companies seeking to capitalize on market opportunities and navigate challenges effectively must stay abreast of these trends and challenges, and develop strategies to differentiate their offerings and address sustainability concerns.

What will be the Size of the Melamine Market during the forecast period?

Request Free Sample

The market continues to evolve, with dynamic market dynamics shaping its various sectors. Melamine resin, a versatile organic compound, is at the heart of this market, finding applications in diverse industries. Melamine dinnerware and melamine-faced plywood are well-known consumer products, while melamine adhesive and melamine resin distribution are essential components of manufacturing processes. Melamine resin regulations are a significant factor, influencing production methods and product standards. Melamine resin regulations ensure safety and durability, impacting melamine board and melamine plastic manufacturing. Melamine impregnation and melamine sheet production also adhere to these regulations. Melamine kitchenware and melamine tableware are popular consumer choices, with melamine resin's resistance to moisture and heat making it an ideal material.

Melamine resin's versatility extends to melamine molding and melamine-faced chipboard, further expanding its applications. Innovation continues to drive the market, with advancements in melamine resin technology leading to improved melamine resin properties and increased melamine resin demand. Melamine resin's durability and sustainability make it a preferred choice for various industries, including construction and automotive. Melamine resin's resistance to moisture and heat also makes it suitable for use in melamine bonding and melamine panel manufacturing. Melamine resin's price and melamine resin recycling are also crucial factors influencing market trends. In summary, the market is characterized by continuous evolution, with melamine resin's versatility driving its applications across various sectors.

Melamine resin's properties, regulations, and market dynamics all contribute to its ongoing unfolding and the development of new products and technologies.

How is this Melamine Industry segmented?

The melamine industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Laminates
  Adhesives resins
  Coating resins
  Others


Type

  Melamine Resin
  Melamine Foam
  Melamine Powder


End-User

  Construction
  Automotive
  Furniture
  Textiles
  Packaging


Production Process

  High-Pressure Process
  Low-Pressure Process


Geography

  North America

    US
    Canada


  South America

    Argentina
    Brazil


  Middle East and Africa

    UAE


  Europe

    Germany


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Application Insights

The laminates segment is estimated to witness significant growth during the forecast period.

Melamine resins, a combination of melamine and formaldehyde, are essential in creating decorative laminates for various applications. The melamine resin production process involves impregnating a decorative film with melamine resin, which is then bonded to a substrate, typically made of wood fiberboards or particleboard. These fiberboards, used extensively in furniture manufacturing, provide resistance to heat, water, chemicals, and stain

The Qatari melamine market soared to $51M in 2024, rising by 19% against the previous year. In general, consumption posted a significant increase. Over the period under review, the market hit record highs at $59M in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The Melamine Market size is expected to reach a valuation of USD 12.31 billion in 2033 growing at a CAGR of 4.0%. The Melamine market research report classifies market by share, trend, demand, forecast and based on segmentation.

The Melamine Formaldehyde Market report segments the industry into Type (Iso-butylated Melamine Formaldehyde Resin, n-butylated Melamine Formaldehyde Resin, Other Types), Application (Laminates, Wood Adhesives, Molding Compounds, Paints and Coatings, Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa).

In 2024, overseas shipments of melamine were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, showed a significant curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2024, the exports remained at a lower figure.

Melamine Market is estimated to grow at 5.10%CAGR to surpass USD 16.1 billion by 2034.

The global melamine market size was valued at USD 4,408.8 million in 2025 and is projected to reach USD 6,271.4 million by 2033, growing at a CAGR of 4.15%. Melamine is a highly versatile chemical compound primarily used in the production of laminates, wood adhesives, molding compounds, paints, and coatings. The growth of the melamine market is primarily attributed to increasing demand from various end-use industries, including construction, automotive, and furniture. Growing urbanization and rising disposable incomes in emerging economies are further driving market growth. Additionally, the shift towards eco-friendly and sustainable materials is creating growth opportunities for melamine, which is a durable and formaldehyde-free alternative to traditional materials. The Asia Pacific region is the largest and fastest-growing market for melamine, owing to the presence of major manufacturing hubs in China and India. The growing construction and automotive industries in the region are expected to continue to drive demand for melamine. North America and Europe are also significant markets for melamine, with strong demand from the automotive and furniture industries. The Middle East and Africa and South America are emerging markets for melamine, with potential growth opportunities driven by increasing urbanization and infrastructure development. Key players in the melamine market include Mitsui Chemicals Inc., Sichuan Chemical Works Group Ltd., Nissan Chemical Corporation, Grupa Azoty, and Gujarat State Fertilizers & Chemicals Limited (GSFC). These companies are focusing on expanding their production capacities and product portfolios to cater to the growing demand for melamine. Recent developments include: In March 2022, Borealis AG declined the offer of EuroChem for the acquisition of its melamine, nitrogen, and fertilizer business. The company received this offer in February 2022 from EuroChem. The company is open to considering options for its nitrogen business., In September 2022, Eurotecnica announced the award of two large contracts for implementing high-pressure melamine plants with capacities of 60,000 tons and 80,000 tons per year, respectively.. Key drivers for this market are: Strong Demand from the Construction Industry, Other Drivers. Potential restraints include: Increasing Consumer Concerns About Formaldehyde Emission from Melamine-based Molding Compounds, Availability of Substitutes, like Liquefied Wood, Soy, and Powder Coatings. Notable trends are: Laminates Segment to Dominate the Market.

In 2024, after two years of decline, there was significant growth in the CIS melamine market, when its value increased by 42% to $34M. Overall, consumption showed a moderate increase. The level of consumption peaked at $60M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

The UK melamine market rose significantly to $34M in 2024, growing by 8.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $63M. From 2023 to 2024, the growth of the market failed to regain momentum.

The Europe melamine market rose significantly to $718M in 2024, surging by 8% against the previous year. Over the period under review, consumption posted a measured increase. Over the period under review, the market attained the maximum level at $1.1B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

Melamine Powder Market Outlook

The global melamine powder market size was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.3 billion by 2032, expanding at a compound annual growth rate (CAGR) of around 5.1% during the forecast period. This growth is primarily driven by the increasing demand for melamine-based products across various industries, such as construction, automotive, and textiles. The versatility and wide range of applications of melamine powder have made it a crucial component in numerous industrial processes. Increasing urbanization, coupled with rapid industrialization, especially in emerging economies, is also contributing to the growth of the melamine powder market.

One of the significant growth factors of the melamine powder market is the rising demand from the construction industry. As construction companies increasingly adopt melamine powder due to its excellent thermal and mechanical properties, the demand continues to rise. The global construction industry is experiencing a boom, notably in the Asia-Pacific region, driven by infrastructure development and urbanization efforts. Melamine powder is widely used in the production of laminates and coatings, which are essential components of modern construction materials. Furthermore, the growing trend of sustainable and environmentally friendly building materials is pushing the demand for melamine powder, known for its durability and resistance to harsh environmental conditions.

The automotive sector represents another pivotal growth driver for the melamine powder market. With the automotive industry's shift towards lightweight and high-performance materials, melamine powder has increasingly become a material of choice. It is used in adhesives, coatings, and molding compounds to enhance the durability and aesthetic appeal of automotive components. The rapid advancement in automotive technologies, particularly the rise of electric vehicles, has further fueled the demand for specialized materials like melamine powder. Manufacturers are focusing on improving vehicle performance while ensuring cost-efficiency, and melamine powder aids in achieving these objectives by offering superior performance characteristics at competitive prices.

Moreover, the textile industry is significantly contributing to the market growth of melamine powder. The increasing use of melamine powder in textile finishing processes underscores its importance in this industry. It is utilized to impart flame-resistant properties to textiles, which is becoming increasingly important for safety standards worldwide. Additionally, the demand for innovative and diverse textile products, driven by changing consumer preferences and fashion trends, is prompting manufacturers to incorporate advanced materials like melamine powder in their production processes. This trend is expected to sustain and bolster the market growth over the forecast period.

Melamine Based Adhesives are increasingly gaining traction in various industrial applications due to their superior bonding capabilities and resistance to environmental factors. These adhesives are particularly favored in the construction and automotive industries, where durability and performance are paramount. The unique chemical structure of melamine allows it to form strong, heat-resistant bonds, making it an ideal choice for demanding applications. As industries continue to innovate and seek materials that offer both strength and flexibility, melamine based adhesives are becoming a preferred solution. Their ability to withstand harsh conditions without compromising on performance makes them indispensable in modern manufacturing processes. Furthermore, the ongoing research and development in this field are expected to enhance the properties of these adhesives, opening new avenues for their application across diverse sectors.

From a regional perspective, the Asia Pacific region currently holds the largest share of the global melamine powder market, driven by robust growth in key end-user industries such as construction and automotive. China, India, and Japan are the major contributors within this region, largely due to their expanding industrial base and increasing investments in infrastructure development. North America and Europe are also significant markets, with steady demand from their automotive, construction, and chemical industries. These regions benefit from well-established industries and ongoing technological advancements, though their growth rates are comparatively moderate. Meanwhile, Latin America and t

The global melamine market, valued at approximately $2.5 billion in 2025, is projected to experience steady growth, driven by increasing demand from key applications such as laminates, adhesives, and molding compounds. The market's Compound Annual Growth Rate (CAGR) of 4.15% from 2019 to 2024 suggests a continued expansion through 2033. This growth is fueled by several factors. The construction industry's robust expansion, particularly in developing economies, significantly boosts melamine resin demand for laminates used in furniture and interior design. Furthermore, the rising popularity of melamine formaldehyde (MF) resins in adhesives for various applications contributes to market growth. Technological advancements leading to improved melamine resin formulations with enhanced properties, such as increased durability and water resistance, are also driving market expansion. However, stringent environmental regulations regarding formaldehyde emissions and the volatile nature of raw material prices pose potential challenges to market growth. The competitive landscape is characterized by both large multinational corporations and regional players, with companies like BASF, Borealis, and Mitsui Chemicals holding significant market share. The market is segmented by application (laminates, adhesives, molding compounds, etc.) and geography, with Asia-Pacific expected to maintain a dominant position due to high construction activity and industrialization. The forecast period of 2025-2033 anticipates continued market expansion, albeit at a potentially moderated pace compared to the previous period. This moderation could result from factors such as economic slowdowns in certain regions, evolving consumer preferences towards sustainable materials, and potential supply chain disruptions. Nevertheless, ongoing innovation in melamine resin technology and the expansion of emerging markets are likely to mitigate these challenges and sustain market growth throughout the forecast period. Strategies such as focusing on environmentally friendly melamine resin production, developing high-performance formulations, and establishing strong supply chains will be crucial for companies to maintain competitiveness and capitalize on market opportunities. Geographic expansion into untapped markets, especially in regions with growing infrastructure development, also presents significant potential for future growth. Recent developments include: In March 2022, Borealis AG declined the offer of EuroChem for the acquisition of its melamine, nitrogen, and fertilizer business. The company received this offer in February 2022 from EuroChem. The company is open to considering options for its nitrogen business., In September 2022, Eurotecnica announced the award of two large contracts for implementing high-pressure melamine plants with capacities of 60,000 tons and 80,000 tons per year, respectively.. Key drivers for this market are: Strong Demand from the Construction Industry, Other Drivers. Potential restraints include: Strong Demand from the Construction Industry, Other Drivers. Notable trends are: Laminates Segment to Dominate the Market.