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Melamine Cyanurate Market: Overview

  • Melamine cyanurate (‎C6H9N9O3) is also known as melamine-cyanuric acid or melamine-cyanuric acid complex. It is a salt of cyanuric acid and melamine. Melamine cyanurate is a crystalline complex formed from a 1:1 mixture of cyanuric acid and melamine.
  • It possesses high thermal stability than pure melamine. Melamine cyanurate remains stable up to around 320°C; as a result, it is applied in polymers with higher processing temperatures.
  • At a temperature above 320°C, melamine cyanurate undergoes endothermic decomposition to form cyanuric acid and melamine
  • Melamine cyanurate is a nitrogen series flame retardant. It is available in powder and granular form.
  • The toxic gases and smoke density of polymers can be reduced without generating hydrogen halide gas, with addition of melamine cyanurate

Rise in Demand for Melamine Cyanurate in Automotive and Construction Industries

  • Increase in application of melamine cyanurate in manufacture of flame retardants, which are widely used in automotive, building & construction, and electrical & electronics industries, is a key factors drive the global melamine cyanurate market
  • Melamine cyanurate is one of the major organic nitrogen compounds used as halogen free flame retardant. Rise in demand for halogen-free flame retardants is one of the prominent factor driving the global melamine cyanurate market. Increase in demand for non-flammable lightweight materials in automotive and electrical & electronics industries is estimated to drive the demand for melamine cyanurate as flame retardants.
  • Expansion of the construction industry in emerging economies, including China, India, and Brazil, owing to the increase in residential construction is expected to boost the global melamine cyanurate market during the forecast period
  • Fluctuation in prices of raw materials is likely to hamper the global melamine cyanurate market in the near future

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0.996 Type Segment to Offer Lucrative Opportunities

  • Based on type, the global melamine cyanurate market can be segmented into 0.996, 0.999, and others
  • 0.996 is estimated to be the fastest growing segment of the global melamine cyanurate market during the forecast period
  • Melamine cyanurate is widely used in the manufacture of halogen-free flame-retardants. These flame retardants are used to manufacture mineral-filled and unfilled polyamides,  used in electrical and electronics applications.

Flame Retardant Segment to Hold Major Share of Market

  • Based on application, the melamine cyanurate market can be divided into flame retardant, lubricant, pore agents, and others
  • The flame retardant segment holds major share of the global melamine cyanurate market, led by the rise in demand for halogen-free flame retardants in the automotive industry. This trend is anticipated to continue during the forecast period.
  • The lubricant segment also holds vital share of the global melamine cyanurate market. It is followed by the pore agents segment.

Asia Pacific to Constitute Significant Share of Global Melamine Cyanurate Market

  • In terms of region, the global melamine cyanurate market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is anticipated to hold significant share of the global melamine cyanurate market in the near future. Growth in automotive sector in countries in Asia Pacific, including China and India, is anticipated to drive the melamine cyanurate market across the region.
  • Expansion of electrical & electronics industry and the construction sector in Asia Pacific is likely to boost the melamine cyanurate market in the region
  • North America is also anticipated to hold key share of the global melamine cyanurate market during the forecast period
  • The market in Latin America and Middle East & Africa is projected to expand at a steady pace during the forecast period

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Key Players in Market

The global melamine cyanurate market was highly fragmented in 2019. Prominent players operating in the global melamine cyanurate market seek to enter into partnership agreements for the development of innovative products.

Key players operating in the global melamine cyanurate market include:

  • Nissan Chemical
  • Shouguang Puer Chemical
  • Hangzhou Sartort Chemical
  • Hefei TNJ Chemical
  • Hangzhou JLS Flame Retardants Chemical
  • GO YEN Chemical Industrial
  • Budenheim
  • Shandong Look Chemical
  • Simagchem
  • Hainan Zhongxin Chemical
  • Shandong Tianxin Chemical

Global Melamine Cyanurate Market: Research Scope

Global Melamine Cyanurate Market, by Type

  • 0.996
  • 0.999
  • Others

Global Melamine Cyanurate Market, by Application

  • Flame Retardant
  • Lubricant
  • Pore Agents
  • Others

Global Melamine Cyanurate Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Melamine Cyanurate Market

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