Amino Resins Market Overview
Amino Resins market was valued at USD 11.10 billion in 2021 and is expected to reach USD 17.52 billion by the year 2028, at a CAGR of 6.74%.
AMINO RESINS are basically used in the high-pressure applications such as industrial applications, factories, machineries for oil and gas, chemicals and Petro-chemicals and so on.
According to the analyst, Amino Resins market is expected to show a high demand and growth in CAGR because of the factors like development in water and waste water management, sanitation sector etc. Major market players especially from the chemical industry are raising a high demand for the electrically operated pumps which is driving the growth of the Amino Resins market and is expected to have a high CAGR in the forecast period
By the end of 2027, the Amino Resins market size is estimated to be at USD 8.26 billion owing to the increasing demand from the food and beverages industries for the large factory-based plants and industries.
Amino Resins market is growing at a robust pace due to the industry overview and Amino Resins market size in regions like Asia-Pacific, North-America and Middle Eastern region. Amino Resins is segmented by operation type, mechanism type, discharge pressure type, end-user industry and regional market size according to the analyst of Introspective market research.
Key market players and competitors are focusing on various strategic activities involving research and development to explore the Discharge Pressures of Amino Resins market. Mergers and acquisitions, facility expansions and related investments are expected to be the most researched and invested type for the operation type, especially the double acting operating type which is estimated to have an Amino Resins market size of USD 4.48 billion in 2020 with the highest CAGR of 5.51% and end user industries like oil & gas, chemicals & petrochemicals are driving the market growth for the Amino Resins.
Impact of COVID-19 on Amino Resins Market
Report covers Impact of COVID-19 on Amino Resins market. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe. The global impact of COVID-19 has hit every market and industry, and has also affected the Amino Resins market in 2020. Due to COVID-19, Amino Resins market size and the value of the Amino Resins has been affected due to the government ban and the quarantine in most of the major regions across the globe. Due to which many oil & gas, chemicals & petrochemicals industries were affected because of the high demand but less production of the pumps. Although, the recent changes in the government policies the market for AMINO RESINS is on the rise and the market value would be stable in the forecast period with the increasing demand from the end-user industries.
Competitive Landscape
Amino Resins market is advancing as the need for the end-user industries is increasing over the years. The market is consolidated and Amino Resins market share and revenue is distributed among the major key players for the forecast period. The industries offer products for specific end-usage Discharge Pressures and the product type. With the increase in demand, the new product development, merger & acquisitions, and research & development strategies are expected to have high growth potential in the global Amino Resins market during the forecast period.
Salient Features of the Amino Resins Market
Amino Resins market was valued at USD 11.10 billion in 2021 and is expected to reach USD 17.52 billion by the year 2028, at a CAGR of 6.74%.
- Additionally, Amino Resins market shares and revenue owing to the growing need and consumption in the industrial and commercial sector has given a robust growth for the market size.
- In the discharge pressure type segment, up to 80 bar segments held the largest Amino Resins market size in the year 2015. 80 to 200 bar and above 200 bar segments followed with a stable market size in the past and is estimated to grow stably in the forecast period.
- The water & waste water segment has accounted to share a significant Amino Resins market value in the year 2019 and is expected to contribute more in the forecast period.
- Asia-Pacific holds the largest market size for this market with the high demand from the food & beverages, oil & gas and chemical industries. China, India and Japan are the major regions that are expected to dominate the Amino Resins market in the forecast period. Europe and North America are leading the market with the CAGR of 5.16% and 5.22% respectively.
Major Key Players Considered in the Market
- BASF SE
- DIC Corporation
- Hexion
- Georgia Pacific Chemicals
- Dynea AS and other major players.
Pivotal Coverage
- Regional and specific assessment from the period 2019-2025. For the study, 2019-2020 has been covered as historical data, 2021 as the base year, and 2022-2025, has been covered as the forecasts.
- Major Key player competitor analysis
- SWOT Analysis
- Amino Resins Market share and revenue analysis of the prominent key players
- Strategic and detailed analysis on new threats and entrants
- Forecast and a detailed analysis for minimum 5 years of the segments mentioned in report
- Impact of COVID-19 on Amino Resins market and the tactics needed to sustain in the market.
- Amino Resins Market Analysis for the Drivers, Constraints, Opportunities, Threats and Challenges.
Global Amino Resins Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 11.10 Bn. |
Forecast Period 2022-28 CAGR: |
6.74% |
Market Size in 2028: |
USD 17.52 Bn. |
Segments Covered: |
By Type |
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By End Use Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By End-user Industry
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Amino Resins Market by Type
5.1 Amino Resins Market Overview Snapshot and Growth Engine
5.2 Amino Resins Market Overview
5.3 Urea-Formaldehyde (UF)
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Urea-Formaldehyde (UF): Grographic Segmentation
5.4 Melamine-Formaldehyde (MF)
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Melamine-Formaldehyde (MF): Grographic Segmentation
5.5 Melamine-Urea Formaldehyde (MUF)
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Melamine-Urea Formaldehyde (MUF): Grographic Segmentation
Chapter 6: Amino Resins Market by End-user Industry
6.1 Amino Resins Market Overview Snapshot and Growth Engine
6.2 Amino Resins Market Overview
6.3 Paints & Coatings
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Paints & Coatings: Grographic Segmentation
6.4 Adhesives & Sealants
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Adhesives & Sealants: Grographic Segmentation
6.5 Textile
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Textile: Grographic Segmentation
6.6 Other End-user Industries
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Other End-user Industries: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Amino Resins Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Amino Resins Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Amino Resins Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 BASF SE
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 DIC CORPORATION
7.4 HEXION
7.5 GEORGIA PACIFIC CHEMICALS
7.6 DYNEA AS
7.7 OTHER MAJOR PLAYERS
Chapter 8: Global Amino Resins Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Urea-Formaldehyde (UF)
8.2.2 Melamine-Formaldehyde (MF)
8.2.3 Melamine-Urea Formaldehyde (MUF)
8.3 Historic and Forecasted Market Size By End-user Industry
8.3.1 Paints & Coatings
8.3.2 Adhesives & Sealants
8.3.3 Textile
8.3.4 Other End-user Industries
Chapter 9: North America Amino Resins Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Urea-Formaldehyde (UF)
9.4.2 Melamine-Formaldehyde (MF)
9.4.3 Melamine-Urea Formaldehyde (MUF)
9.5 Historic and Forecasted Market Size By End-user Industry
9.5.1 Paints & Coatings
9.5.2 Adhesives & Sealants
9.5.3 Textile
9.5.4 Other End-user Industries
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Amino Resins Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Urea-Formaldehyde (UF)
10.4.2 Melamine-Formaldehyde (MF)
10.4.3 Melamine-Urea Formaldehyde (MUF)
10.5 Historic and Forecasted Market Size By End-user Industry
10.5.1 Paints & Coatings
10.5.2 Adhesives & Sealants
10.5.3 Textile
10.5.4 Other End-user Industries
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Amino Resins Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Urea-Formaldehyde (UF)
11.4.2 Melamine-Formaldehyde (MF)
11.4.3 Melamine-Urea Formaldehyde (MUF)
11.5 Historic and Forecasted Market Size By End-user Industry
11.5.1 Paints & Coatings
11.5.2 Adhesives & Sealants
11.5.3 Textile
11.5.4 Other End-user Industries
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Amino Resins Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Urea-Formaldehyde (UF)
12.4.2 Melamine-Formaldehyde (MF)
12.4.3 Melamine-Urea Formaldehyde (MUF)
12.5 Historic and Forecasted Market Size By End-user Industry
12.5.1 Paints & Coatings
12.5.2 Adhesives & Sealants
12.5.3 Textile
12.5.4 Other End-user Industries
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Amino Resins Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Urea-Formaldehyde (UF)
13.4.2 Melamine-Formaldehyde (MF)
13.4.3 Melamine-Urea Formaldehyde (MUF)
13.5 Historic and Forecasted Market Size By End-user Industry
13.5.1 Paints & Coatings
13.5.2 Adhesives & Sealants
13.5.3 Textile
13.5.4 Other End-user Industries
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Amino Resins Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 11.10 Bn. |
Forecast Period 2022-28 CAGR: |
6.74% |
Market Size in 2028: |
USD 17.52 Bn. |
Segments Covered: |
By Type |
|
|
By End Use Industry |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. AMINO RESINS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. AMINO RESINS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. AMINO RESINS MARKET COMPETITIVE RIVALRY
TABLE 005. AMINO RESINS MARKET THREAT OF NEW ENTRANTS
TABLE 006. AMINO RESINS MARKET THREAT OF SUBSTITUTES
TABLE 007. AMINO RESINS MARKET BY TYPE
TABLE 008. UREA-FORMALDEHYDE (UF) MARKET OVERVIEW (2016-2028)
TABLE 009. MELAMINE-FORMALDEHYDE (MF) MARKET OVERVIEW (2016-2028)
TABLE 010. MELAMINE-UREA FORMALDEHYDE (MUF) MARKET OVERVIEW (2016-2028)
TABLE 011. AMINO RESINS MARKET BY END-USER INDUSTRY
TABLE 012. PAINTS & COATINGS MARKET OVERVIEW (2016-2028)
TABLE 013. ADHESIVES & SEALANTS MARKET OVERVIEW (2016-2028)
TABLE 014. TEXTILE MARKET OVERVIEW (2016-2028)
TABLE 015. OTHER END-USER INDUSTRIES MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA AMINO RESINS MARKET, BY TYPE (2016-2028)
TABLE 017. NORTH AMERICA AMINO RESINS MARKET, BY END-USER INDUSTRY (2016-2028)
TABLE 018. N AMINO RESINS MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE AMINO RESINS MARKET, BY TYPE (2016-2028)
TABLE 020. EUROPE AMINO RESINS MARKET, BY END-USER INDUSTRY (2016-2028)
TABLE 021. AMINO RESINS MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC AMINO RESINS MARKET, BY TYPE (2016-2028)
TABLE 023. ASIA PACIFIC AMINO RESINS MARKET, BY END-USER INDUSTRY (2016-2028)
TABLE 024. AMINO RESINS MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA AMINO RESINS MARKET, BY TYPE (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA AMINO RESINS MARKET, BY END-USER INDUSTRY (2016-2028)
TABLE 027. AMINO RESINS MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA AMINO RESINS MARKET, BY TYPE (2016-2028)
TABLE 029. SOUTH AMERICA AMINO RESINS MARKET, BY END-USER INDUSTRY (2016-2028)
TABLE 030. AMINO RESINS MARKET, BY COUNTRY (2016-2028)
TABLE 031. BASF SE: SNAPSHOT
TABLE 032. BASF SE: BUSINESS PERFORMANCE
TABLE 033. BASF SE: PRODUCT PORTFOLIO
TABLE 034. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. DIC CORPORATION: SNAPSHOT
TABLE 035. DIC CORPORATION: BUSINESS PERFORMANCE
TABLE 036. DIC CORPORATION: PRODUCT PORTFOLIO
TABLE 037. DIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. HEXION: SNAPSHOT
TABLE 038. HEXION: BUSINESS PERFORMANCE
TABLE 039. HEXION: PRODUCT PORTFOLIO
TABLE 040. HEXION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. GEORGIA PACIFIC CHEMICALS: SNAPSHOT
TABLE 041. GEORGIA PACIFIC CHEMICALS: BUSINESS PERFORMANCE
TABLE 042. GEORGIA PACIFIC CHEMICALS: PRODUCT PORTFOLIO
TABLE 043. GEORGIA PACIFIC CHEMICALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. DYNEA AS: SNAPSHOT
TABLE 044. DYNEA AS: BUSINESS PERFORMANCE
TABLE 045. DYNEA AS: PRODUCT PORTFOLIO
TABLE 046. DYNEA AS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 047. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 048. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 049. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. AMINO RESINS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. AMINO RESINS MARKET OVERVIEW BY TYPE
FIGURE 012. UREA-FORMALDEHYDE (UF) MARKET OVERVIEW (2016-2028)
FIGURE 013. MELAMINE-FORMALDEHYDE (MF) MARKET OVERVIEW (2016-2028)
FIGURE 014. MELAMINE-UREA FORMALDEHYDE (MUF) MARKET OVERVIEW (2016-2028)
FIGURE 015. AMINO RESINS MARKET OVERVIEW BY END-USER INDUSTRY
FIGURE 016. PAINTS & COATINGS MARKET OVERVIEW (2016-2028)
FIGURE 017. ADHESIVES & SEALANTS MARKET OVERVIEW (2016-2028)
FIGURE 018. TEXTILE MARKET OVERVIEW (2016-2028)
FIGURE 019. OTHER END-USER INDUSTRIES MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA AMINO RESINS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE AMINO RESINS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC AMINO RESINS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA AMINO RESINS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA AMINO RESINS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Amino Resins Market research report is 2022-2028.
BASF SE, DIC Corporation, Hexion, Georgia Pacific Chemicals, Dynea AS and other major players.
The Amino Resins Market is segmented into Type, End-user Industry and region. By Type, the market is categorized into Urea-formaldehyde (UF), Melamine-formaldehyde (MF), Melamine-urea Formaldehyde (MUF). By End-user Industry the market is categorized into Paints and Coatings, Adhesives and Sealants, Textile, Other End-user Industries. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Amino resin is a thermosetting resin also known as melamine resins. It is formed by the copolymerization of amino compounds with an aldehyde. Amino resins are used in paint, adhesives, laminates, wood panels, molding, and other industries. They are usually used due to their high performance in terms of resistance and strength and excellent weather ability.
Amino Resins market was valued at USD 11.10 billion in 2021 and is expected to reach USD 17.52 billion by the year 2028, at a CAGR of 6.74%.