PRESS RELEASE

Increasing Demand from Automotive and Construction Industry Driving the Growth of the Global Melamine Market

Feb 8, 2018

Melamine MarketLondon, Feb 08, 2018: Increasing demand for melamine in end-user industries such as automotive and construction in Europe and APAC market has contributed to the growth of the global melamine market. Melamine is extensively used in these industries as a raw material to produce final products such as furniture, car dashboards, and floorings due to its properties such as moisture resistant and highly stable chemical structure, leading to market growth.

SpendEdge’s latest procurement research report on the global melamine market offers an in-depth assessment of the crucial factors influencing the supply market, strategic procurement and sourcing decisions, pricing models, and procurement best practices. The report, a part of the chemicals portfolio, also offers detailed insights into the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.

“Melamine formaldehyde is used in the production of enamels, surface coatings, and paint additives that are applied to vehicles. The rise in the global vehicle sales is expected to drive the demand in the global melamine market. – Tridib Bora, chemicals procurement research specialist at SpendEdge.

Majority of the buyers have its manufacturing units built in remote areas which do not have proper road infrastructure. As a result, buyers are facing procurement challenge in terms of finding suppliers that can reduce the overall transportation costs associated with transporting required amount of melamine from supplier’s location to buyer’s manufacturing units.

Need more insights on this report?

Request Free SampleThis procurement report on the melamine market offers insights on:

  • Supply markets, growth drivers, trends, and imminent restraints
  • Key suppliers and assessment of their capabilities
  • Procurement best practices
  • Negotiation strategies and cost-saving opportunities
  • Pricing models and category innovations
  • For a comprehensive, detailed list, view our full report

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