FORT WORTH, Texas, December 9, 2014 /PRNewswire/ --
North America is the third-largest region in the global amino resins market with a share of approximately 10% of the global market. The U.S. is the key contributor, both in terms of demand and consumption in this region. It accounted for a share of around 72% in 2013 and is estimated to hold on to this number. Canada is the second-largest market in this region. Particle board is the largest application segment of this market and is estimated to reach $1496.7 by 2018, with a CAGR of 8.1%, followed by medium density Fiberboard (MDF).
Browse through the TOC of North America Amino Resins market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
Early buyers will receive 10% customization on this report.
Amino resins have applications mainly in the laminates industry. As the laminates industry is growing, it will also boost the growth of the amino resins market in North America. U.S., Canada and Mexico are markets in North America. The consumption trend of UF resins in North America is influenced by formaldehyde emission regulations led by E.P.A.
Both top-down and bottom-up approaches were used to estimate market sizes. Major countries with the market volume and revenue are covered for each region. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. The key players in the market were identified through secondary research and their market revenues were determined through primary and secondary research. It includes study of the annual reports of top market players and interviews with key opinion leaders, such as CEOs, Directors, and marketing & plant managers.
The North American amino resins market report offers insights into the segmentation of this. The North American market has been segmented in terms of applications, types, and the main countries in the region. On the basis of types, the market has been segmented into melamine formaldehyde resin, melamine urea formaldehyde resin, and urea formaldehyde resin. The main application segments of the North American amino resins market include adhesives, laminates, particle board, roofing mats, plywood, and medium density fiberboard (Mdf), among others. The U.S., Canada, and Mexico are the main countries that have been considered for the market analysis. The report also provides details of the competitive scenario in the market, along with the strategic profiles of the key players in the North American amino resins market.
The Europe Amino Resins Market holds a significant share in the global amino resin market, having accounted for 38.73% of the market in 2013. The European market is dominated by Germany and Italy, having respectively accounted for market shares of 45.84% and 13.03% in 2013. In terms of applications, the particle board segment is the largest consumer of amino resins, having recorded a market share of 42.65% in 2013.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
SOURCE MicroMarket Monitor