Melamine Market Size Worth USD 16.1 Billion By 2034

The global Melamine market was valued at USD 10.3 billion in 2025, and it is projected to grow to USD 16.1 billion by 2034. During the forecast period from 2034, the market is estimated to rise at a compound annual growth rate (CAGR) of 5.10%. This upward trajectory is largely fueled by the rising preference for sustainable products is expected to create lucrative growth opportunities for the market as consumers.

Market Definition

The melamine market is driven by growing demand from the construction, automotive, and furniture sectors due to its durability, heat resistance, and versatile applications. Rising use in laminates, adhesives, and coatings is fueling growth, while environmental concerns and raw material price volatility remain key challenges for market players.

Key Findings and Essential Insights

· In 2024, Asia Pacific accounted for the highest revenue share in the global Melamine market.

· Based on By Type, By Application, By End-Use, the Asia Pacific is expected to gain significant traction over the forecast period.

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Market Key Players

The competitive landscape features a mix of long-standing companies and emerging contenders. Leading players are actively pursuing R&D initiatives and strategic moves to strengthen their market position. Notable participants include

· Allnex Belgium S.A.

· BASF SE,

· Borealis AG

· Chemiplastica SP

· Cornerstone Chemical Company

· Grupa Azoty

· Haohua Junhua Group Co., Ltd.

· Henan Zhongyuan Dahua Group Co Ltd.

· Methanol Holdings (Trinidad) Limited

· Mevion Medical Systems

· Nissan Chemical Industries. Ltd.

· Qatar Melamine Company

· Sichuan Chemical Holdings Co. Ltd.

· Sichuan Golden Elephant Chemical Co.

· Xinji Jiuyuan Chemical Co. Ltd.

Market Overview: Key Figures at a Glance

· Market Value in 2025: USD 10.3 billion

· Projected Market Size in 2034: USD 16.1 billion

· Anticipated CAGR (2034): 5.10%

Market Growth Drivers

· Because of its adaptability, melamine may be used in a variety of industries. It is employed in the manufacture of fire retardants, plastics, paints, laminates, textiles, paper coatings, and other products.

· It also makes use of the increasing demand for lightweight and long-lasting materials in the expanding automobile industry by employing it in the production of automotive interior parts, coatings, and adhesives. Melamine is also widely used in the furniture industry, especially in the manufacturing of ornamental laminates and veneers, due to urbanization and changes in lifestyle patterns.

· Additionally, because there is more focus on food safety and environmentally friendly packaging options, melamine-based resins are becoming more and more important in the production of food packaging materials, such as melamine foam. As industries place a higher priority on quality, performance, and environmental factors, the need for melamine in these industries is predicted to increase.