#Melamine is a #nitrogen-rich #organic #compound that is widely used in the production of household #kitchenware, construction materials, automotive components, chemicals, and #textiles, among other things. It is created by heating carbon monoxide, #urea, and ammonia together. Melamine is one of the safest food-grade plastics on the market, and its use in household applications is expected to grow.
Melamine consumption for kitchenware is increasing.
Traditionally, kitchenware is made of ceramic or #porcelain; however, melamine is more durable, easy to clean, and has anti-bacterial properties that improve food safety. Furthermore, it is more scratch-resistant than traditional materials such as ceramic and porcelain. The #FDA has approved the use of melamine in the manufacture of kitchenware, which increases the demand for melamine kitchenware. Furthermore, an increasing number of companies offering melamine kitchenwares is expected to fuel the global melamine market's growth in the coming years.
Key Players-
Allnex Belgium S.A.,
Chemiplastica SPA,
INEOS Group,
Qatar Melamine Co,
OCI NV,
Nissan Chemical Industries. Ltd.,
Grupa Azoty Zaklady Azotowe Pulawy S.A.,
Borealis AG,
Haohua Junhua Group Co., Ltd., and
Sichuan Chemical Works Group Ltd.
Melamine Market in Asia Pacific
The Asia-Pacific region is emerging as a global industrial hub, with emerging economies such as China, India, and Southeast Asian countries driving regional growth. The regional chemical industry has seen a surge in investment and is expanding at a rapid pace. The chemicals industry contributed USD 2.6 trillion to Asia-Pacific GDP, according to Oxford Economics. The chemical industry has more than 20 sub-sectors, which has helped the industry diversify its portfolio and meet market demands. According to the UNCTAD, Asia received 31% of total global Foreign Direct Investment.
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