Melamine market is anticipated to grow at a considerable CAGR of 4.26% during the forecast period. With growing construction activities and the increasing demand for laminates, wood adhesives, and paints and coatings in countries such as China will be propelling the growth of the market. China accounted for more than one-fourth of the global coatings market presently. According to the...

The market trends suggest that the global melamine market was valued at $1.7 billion in 2020 and is projected to reach $11.57 billion by 2028. The market will be growing at a CAGR of 5.1% from 2021 to 2028. Melamine, a white crystalline substance, is a member of the heterocyclic organic compound family, and it contains 66% nitrogen by mass. When Melamine comes in contact with formaldehyde and...