Melamine or cyanuramide (C3H6N6), belonging to the heterocyclic organic compounds family, is a colourless crystalline substance that has a heterocyclic ring structure in a hexagonal form composed of carbon and nitrogen. It is a heterocyclic organic compound that is used in a branch of polymer chemistry.
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The molecule comprises three (carbon atoms), six (atoms of hydrogen), and six (atoms of nitrogen). It can have serious impacts on the human body.
Key Details About the Melamine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Melamine price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Melamine Price Trend, chart, including India Melamine price, USA Melamine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Melamine Price Trend:
Melamine is mainly employed as a starting material used in synthetic resin production, which is driving its market growth. In addition, it is used for making a range of products, mainly utensils, countertops, dry-erase boards, plastic dishware, plywood, thermosetting plastics, and plastic and paper products.
Furthermore, it has been used in the manufacture of decorative laminates, sulfonated melamine formaldehyde (SMF), and soundproof material due to it being a great sound insulator.
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Upon being formulated with pigments and fillers, the resins can mould into various objects like utensils, containers, dishes, and handles, as well as finds the use of a laminating agent or coating material in paper, textiles and wood, which furthers the market demand. The product can be combined with other compounds and products for use in other application areas as well, which in turn boosts market growth.
Key Players:
- Sichuan Golden Elephant Chemical
- Nissan Chemical Industries
- BASF SE
- Mitsui Chemicals Inc.
- OCI Nitrogen
- Cornerstone Chemical Company
- Borealis AG
- Haohua Junhua Group Co. Ltd.
- Methanol Holdings
News & Recent Development
- May 31st, 2023- For the month of May, the Melamine Market has witnessed a decline, with the average price for the commodity reaching 7,325.00 RMB/ton, lower by 2.98% in comparison to May 1st.
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