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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 20.17 Billion by 2029 | 8.5% CAGR | Asia Pacific |
| by Type | by Application | by End User |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Amino Resin Market Overview
The amino resin market is expected to grow at 8.5% CAGR from 2022 to 2029. It is expected to reach above USD 20.17 Billion by 2029 from USD 9.68 Billion in 2020.
The production of amino resins involves copolymerizing amino acids with an aldehyde. These thermosetting resins fall into a class that has a variety of qualities, including resistance, hardness, and exceptional tensile strength. These materials are typically used in moulding. When coupled with polyester and acrylic resins, they give base materials varied properties such coating hardness and solvent resistance. In end-use sectors including furniture, building & construction, automotive, and others, they find a wide range of applications for them, including textile finishers, surface coatings, laminate flooring, and paper processing.
Rapid urbanization, rising per capita disposable income, and rising automobile production and sales are just a few of the key industry variables and trends we discovered in our analysis of the worldwide amino resins market. Additionally, it is predicted that the market expansion would be fueled by continued growth in the automotive industry and rising consumer awareness of the need of vehicle maintenance. Rapid industrialization and a growth in the number of people working have also boosted the demand for personal automobiles, which has in turn increased the production and sales of automotive vehicles.
The market is also anticipated to rise as a result of increasing investment in the building and construction industry as well as the ongoing expansion of this sector in developing nations. The demand for furniture with an aesthetic design is anticipated to increase along with the use of amino resins in the furniture sector. It is predicted that during the evaluation period, the expansion of the woodworking industry in developing economies will increase demand. The industry is anticipated to experience slower expansion due to strict regulations regulating formaldehyde emission levels.
The epidemic made it clear how important sustainable and resilient supply networks are. Businesses and customers began emphasizing environmentally friendly and sustainably produced goods more. As a result, producers of amino resins have concentrated on creating formaldehyde-free and low-formaldehyde resins in order to meet the sustainability objectives of end-use industries. There will likely be a rise in demand for amino resins as the world economy improves and vaccination campaigns advance. Construction and the automobile industries are set to pick up steam, spurring market expansion. In addition, government stimulus plans, infrastructure improvement initiatives, and rising R&D expenditures are anticipated to support the market’s recovery.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), Value(Kilotons) |
| Segmentation | By Type, By Application, By End User Industry, By Region |
| By Type
 |
|
| By Application
 |
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| By End User Industry
 |
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| By Region
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Amino Resin Market Segment Analysis
Amino resin market is segmented based on type, application, end user industry, and region.
Based on type, a significant portion of the market was made up of melamine urea formaldehyde. Due to the potential health risks, formaldehyde emissions from wood-based products have received attention. MUF resins are the ideal option for manufacturers and customers who are concerned about the environment due to they have been designed with better formulations to comply with strict formaldehyde emission requirements. MUF resin producers have been spending money on research and development to improve the performance qualities of their goods. To satisfy the changing needs of the consumer, this involves creating low- and formaldehyde-free formulas, enhancing fire resistance, and combining cutting-edge technologies. Due to factors including urbanization, increased disposable income, and shifting lifestyles, the furniture sector has been expanding significantly, especially in emerging economies. MUF resins are frequently utilized in the manufacture of furniture parts such particleboard, MDF, and laminates, which helps to increase the market share for this category.
Based on application, a significant portion of the market was made up of adhesives & coatings. For corrosion prevention, aesthetic finishes, and functional coatings, amino resin-based coatings are utilized in the automotive and industrial sectors. These coatings exceed the exacting standards of these industries with their superior adhesion, chemical resistance, and durability. In the textile industry, amino resins are used for finishing purposes such crease resistance, shrinkage control, and flame retardancy. In the paper industry, they are also employed to increase paper strength and dimensional stability.
Based on end user industry, a significant portion of the market was made up of building and construction. In insulation products like roofing mats and foam insulation boards, amino resins are used. To increase a building’s energy efficiency and durability, these resins offer increased fire resistance, thermal insulation, and moisture resistant qualities. Infrastructure development initiatives, such as those involving residential, commercial, and industrial construction, are what fuel the building and construction industry. A large portion of the amino resin market is accounted for by this sector, which is also influenced by rising urbanization, population expansion, and government initiatives for infrastructure development. Panels are frequently used for floors, walls, ceilings, and furniture in indoor and external contexts. The bonding power and dimensional stability of these panels are improved using amino resins.
Amino Resin Market Players
The market research report covers the analysis of market players. Key companies profiled in the report include BASF SE, Cardolite Corporation, Kukdo Chemical Co., Ltd., Evonik Industries AG, Aditya Birla Group Chemicals, Mitsubishi Chemical Corporation, Arkema, Hexion, Huntsman International LLC, DuPont.
Recent Developments:
- On July 2022, The Mitsubishi Chemical Group (the MCG group) announced that it has decided to discontinue the production of some of its solid bisphenol an epoxy resin product at its Mie Plant and sold of the products at the end of March 2024. The production and sale of other materials, included solid epoxy resins, liquid epoxy resins and special epoxy resins, will be continued.
- On June 2021, BASF is enhanced its innovation efficiency in Japan by moving the Dispersions and Resins Applications R&D Center from Amagasaki to Yokkaichi. The new R&D center is adjacent to BASF’s dispersions and resins production plant where the commercial and supply chain management teams are based. Under this new setup, cross-functional collaboration will be further strengthened.
Who Should Buy? Or Key stakeholders
- Amino resins manufacturers
- Traders and Distributors of amino resins
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Amino Resin Market Regional Analysis
The amino resin market by region includes North America, Asia-Pacific (APAC), Europe, South America, And Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The greatest revenue share in 2021 over 41% was accounted for by Asia pacific. As a result of China having a higher consumption of amino resins, Europe and North America are the second and third largest markets, respectively. Due to the expansion of the furniture and construction sectors in the region, as well as increased demand from automotive coatings, notably in China and India, which are also among the region’s biggest users of amino resins, Asia-Pacific is also anticipated to have the quickest growth. Over the course of the projected period, increasing vehicle production in the Asia Pacific region is anticipated to boost amino resin demand.
In several Asia Pacific nations, including China, India, Malaysia, Vietnam, South Korea, and Japan, the demand for amino resins is expected to rise as a result of the expanding middle class and the ongoing increase in new and used vehicle sales. The market for amino resins has also been considerably impacted by the rise in the number of cars on the road, particularly passenger vehicles. Additionally, the market is anticipated to develop due to to recent technology advancements and a very high acceptance rate.
Key Market Segments: Amino Resin Market
Amino Resin Market by Type, 2020-2029, (USD Billion), (Kilotons)
- Urea Formaldehyde
- Melamine Formaldehyde
- Melamine Urea Formaldehyde
Amino Resin Market by Application, 2020-2029, (USD Billion), (Kilotons)
- Adhesives & Coatings
- Particle Board
- Plywood
- Fiber Board
- Molding Compound
- Roofing Mats
- Laminates
- Others
Amino Resin Market by End User Industry, 2020-2029, (USD Billion), (Kilotons)
- Building and Construction
- Automotive
- Marine
- Others
Amino Resin Market by Region, 2020-2029, (USD Billion), (Kilotons)
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and Market share
- Developing new End User Industry
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the amino resin market over the next 7 years?
- Who are the major players in the amino resin market and what is their market share?
- What are the end-use industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, And Africa?
- How is the economic environment affecting the amino resin market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the amino resin market?
- What is the current and forecasted size and growth rate of the global amino resin market?
- What are the key drivers of growth in the amino resin market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the amino resin market?
- What are the technological advancements and innovations in the amino resin market and their impact on price range development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the amino resin market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the amino resin market?
- What are the products offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL AMINO RESIN MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON AMINO RESIN MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL AMINO RESIN MARKET OUTLOOK
- GLOBAL AMINO RESIN MARKET BY TYPE, 2020-2029, (USD BILLION), (KILOTONS)
- UREA FORMALDEHYDE
- MELAMINE FORMALDEHYDE
- MELAMINE UREA FORMALDEHYDE
- GLOBAL AMINO RESIN MARKET BY APPLICATION, 2020-2029, (USD BILLION), (KILOTONS)
- ADHESIVES & COATINGS
- PARTICLE BOARD
- PLYWOOD
- FIBER BOARD
- MOLDING COMPOUND
- ROOFING MATS
- LAMINATES
- OTHERS
- GLOBAL AMINO RESIN MARKET BY END USER INDUSTRY, 2020-2029, (USD BILLION), (KILOTONS)
- BUILDING AND CONSTRUCTION
- AUTOMOTIVE
- MARINE
- OTHERS
- GLOBAL AMINO RESIN MARKET BY REGION, 2020-2029, (USD BILLION), (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- BASF SE
- CARDOLITE CORPORATION
- KUKDO CHEMICAL CO., LTD.
- EVONIK INDUSTRIES AG
- ADITYA BIRLA GROUP CHEMICALS
- MITSUBISHI CHEMICAL CORPORATION
- ARKEMA
- HEXION
- HUNTSMAN INTERNATIONAL LLC
- DUPONT*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2 GLOBAL AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 3 GLOBAL AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4 GLOBAL AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 5 GLOBAL AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 6 GLOBAL AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 7 GLOBAL AMINO RESIN MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8 GLOBAL AMINO RESIN MARKET BY REGION (KILOTONS) 2020-2029
TABLE 9 NORTH AMERICA AMINO RESIN MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10 NORTH AMERICA AMINO RESIN MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 11 NORTH AMERICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 12 NORTH AMERICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 13 NORTH AMERICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 14 NORTH AMERICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 15 NORTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 16 NORTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 17 US AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18 US AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 19 US AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 20 US AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 21 US AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 22 US AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 23 CANADA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 24 CANADA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 25 CANADA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 26 CANADA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 27 CANADA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 28 CANADA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 29 MEXICO AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 30 MEXICO AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 31 MEXICO AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 32 MEXICO AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 33 MEXICO AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 34 MEXICO AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 35 SOUTH AMERICA AMINO RESIN MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36 SOUTH AMERICA AMINO RESIN MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 37 SOUTH AMERICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 38 SOUTH AMERICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 39 SOUTH AMERICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 40 SOUTH AMERICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 41 SOUTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 42 SOUTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 43 BRAZIL AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 44 BRAZIL AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 45 BRAZIL AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 46 BRAZIL AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 47 BRAZIL AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 48 BRAZIL AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 49 ARGENTINA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50 ARGENTINA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 51 ARGENTINA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52 ARGENTINA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 53 ARGENTINA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 54 ARGENTINA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 55 COLOMBIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 56 COLOMBIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 57 COLOMBIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 58 COLOMBIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 59 COLOMBIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 60 COLOMBIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 61 REST OF SOUTH AMERICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 62 REST OF SOUTH AMERICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 63 REST OF SOUTH AMERICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 64 REST OF SOUTH AMERICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 65 REST OF SOUTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 66 REST OF SOUTH AMERICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 67 ASIA-PACIFIC AMINO RESIN MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 68 ASIA-PACIFIC AMINO RESIN MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 69 ASIA-PACIFIC AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 70 ASIA-PACIFIC AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 71 ASIA-PACIFIC AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72 ASIA-PACIFIC AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 73 ASIA-PACIFIC AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 74 ASIA-PACIFIC AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 75 INDIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 76 INDIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 77 INDIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 78 INDIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 79 INDIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 80 INDIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 81 CHINA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 82 CHINA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 83 CHINA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 84 CHINA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 85 CHINA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 86 CHINA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 87 JAPAN AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88 JAPAN AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 89 JAPAN AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 90 JAPAN AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 91 JAPAN AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 92 JAPAN AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 93 SOUTH KOREA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 94 SOUTH KOREA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 95 SOUTH KOREA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 96 SOUTH KOREA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 97 SOUTH KOREA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 98 SOUTH KOREA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 99 AUSTRALIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 100 AUSTRALIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 101 AUSTRALIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 102 AUSTRALIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 103 AUSTRALIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 104 AUSTRALIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 105 SOUTH-EAST ASIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 106 SOUTH-EAST ASIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 107 SOUTH-EAST ASIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 108 SOUTH-EAST ASIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 109 SOUTH-EAST ASIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 110 SOUTH-EAST ASIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 111 REST OF ASIA PACIFIC AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 112 REST OF ASIA PACIFIC AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 113 REST OF ASIA PACIFIC AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 114 REST OF ASIA PACIFIC AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 115 REST OF ASIA PACIFIC AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 116 REST OF ASIA PACIFIC AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 117 EUROPE AMINO RESIN MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 118 EUROPE AMINO RESIN MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 119 EUROPE AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 120 EUROPE AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 121 EUROPE AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 122 EUROPE AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 123 EUROPE AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 124 EUROPE AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 125 GERMANY AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 126 GERMANY AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 127 GERMANY AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 128 GERMANY AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 129 GERMANY AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 130 GERMANY AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 131 UK AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 132 UK AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 133 UK AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 134 UK AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 135 UK AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 136 UK AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 137 FRANCE AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 138 FRANCE AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 139 FRANCE AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 140 FRANCE AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 141 FRANCE AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 142 FRANCE AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 143 ITALY AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 144 ITALY AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 145 ITALY AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 146 ITALY AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 147 ITALY AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 148 ITALY AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 149 SPAIN AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 150 SPAIN AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 151 SPAIN AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 152 SPAIN AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 153 SPAIN AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 154 SPAIN AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 155 RUSSIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 156 RUSSIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 157 RUSSIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 158 RUSSIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 159 RUSSIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 160 RUSSIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 161 REST OF EUROPE AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 162 REST OF EUROPE AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 163 REST OF EUROPE AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 164 REST OF EUROPE AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 165 REST OF EUROPE AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 166 REST OF EUROPE AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 175 UAE AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 176 UAE AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 177 UAE AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 178 UAE AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 179 UAE AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 180 UAE AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 181 SAUDI ARABIA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 182 SAUDI ARABIA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 183 SAUDI ARABIA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 184 SAUDI ARABIA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 185 SAUDI ARABIA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 186 SAUDI ARABIA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 187 SOUTH AFRICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 188 SOUTH AFRICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 189 SOUTH AFRICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 190 SOUTH AFRICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 191 SOUTH AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 192 SOUTH AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY TYPE (KILOTONS) 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (USD BILLION) 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA AMINO RESIN MARKET BY END USER INDUSTRY (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL AMINO RESIN MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL AMINO RESIN MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL AMINO RESIN MARKET BY END USER INDUSTRY, USD BILLION, 2020-2029
FIGURE 11 GLOBAL AMINO RESIN MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 GLOBAL AMINO RESIN MARKET BY TYPE, USD BILLION, 2021
FIGURE 14 GLOBAL AMINO RESIN MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 15 GLOBAL AMINO RESIN MARKET BY END USER INDUSTRY, USD BILLION, 2021
FIGURE 16 GLOBAL AMINO RESIN MARKET BY REGION, USD BILLION, 2021
FIGURE 17 NORTH AMERICA AMINO RESIN MARKET SNAPSHOT
FIGURE 18 EUROPE AMINO RESIN MARKETSNAPSHOT
FIGURE 19 SOUTH AMERICA AMINO RESIN MARKET SNAPSHOT
FIGURE 20 ASIA PACIFIC AMINO RESIN MARKET SNAPSHOT
FIGURE 21 MIDDLE EAST ASIA AND AFRICA AMINO RESIN MARKET SNAPSHOT
FIGURE 22 MARKET SHARE ANALYSIS
FIGURE 23 BASF SE: COMPANY SNAPSHOT
FIGURE 24 CARDOLITE CORPORATION: COMPANY SNAPSHOT
FIGURE 25 KUKDO CHEMICAL CO., LTD.: COMPANY SNAPSHOT
FIGURE 26 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
FIGURE 27 ADITYA BIRLA GROUP CHEMICALS: COMPANY SNAPSHOT
FIGURE 28 MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT
FIGURE 29 ARKEMA: COMPANY SNAPSHOT
FIGURE 30 HEXION: COMPANY SNAPSHOT
FIGURE 31 HUNTSMAN INTERNATIONAL LLC: COMPANY SNAPSHOT
FIGURE 32 DUPONT: COMPANY SNAPSHOT
FAQ
The amino resin market is expected to grow at 8.5% CAGR from 2022 to 2029. It is expected to reach above USD 20.17 Billion by 2029 from USD 9.68 Billion in 2020.
Asia Pacific held more than 41% of the amino resin market revenue share in 2021 and will witness expansion in the forecast period.
Over the next six years, the global market is anticipated to be further driven by the growing use of melamine formaldehyde resins as binders, hard-surface countertops, and overlay materials in construction. The market is anticipated to benefit from rising preference for amino resins in furniture for lamination applications.
To entice international investment and foster industrial expansion, many nations in the Asia-Pacific area have enacted favourable government policies and incentives. These regulations promote the adoption of cutting-edge products and methods, such as amino resins, which helps the regional market grow even more.
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