Product Code: ETC092023 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Melamine Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.44% in 2025, the market peaks at 15.73% in 2028, and settles at 15.28% by 2029.
The India melamine market is projected to grow at a CAGR of 5.7% during the forecast period.Growing demand from end-use industries, such as paper & pulp, furniture and decorative laminates, paints & adhesives, textiles and others are expected to drive the growth of this market in India. In addition, increasing use of melamine as an additive for food packaging materials has been providing impetus to the growth of this industry in India.
Increasing Demand From End-Use Industries: The growing demand from end-use industries like furniture and decorative laminates; paper & pulp; paints & adhesives; textiles and others is driving the growth of the India melamine market. Due to its superior properties like high heat resistance, chemical resistance and water resistant ability coupled with its low cost has made it a preferred choice by these industries over other alternatives available in the market. Rising Use As An Additive For Food Packaging Material: The growing use of melamine as an additive for food packaging material due to its excellent properties such as strong barrier against oxygen diffusion which helps maintain freshness has been further propelling its demand in India. Moreover rising health concerns amongst people have led them shift towards packaged foods instead of nonpackaged ones thus supporting further increase in usage rate for additives including Melamines among various food processing companies operating in India.
High Cost Of Raw Materials Used For Manufacturing Process: One major challenge faced by manufacturers is its manufacturing processes that involve using expensive raw materials which make up almost half or more than 50% per cent costs associated with production making it difficult for new entrants into this sector who lack financial resources or bargaining power leading towards consolidation within respective markets or regions thereby limiting competition level present at local levels only.
Major players operating in IndiaMelamine industry include Gujarat Alkalies And Chemicals Limited (GACL), SI Group Inc., BASF SE , Mitsui Chemicals Inc., KMG Chemicals Ltd , Nubiola Pigmentos S A , Sumitomo Chemical Co Ltd., Chemlon International Pvt Ltd., Shandong Huijin Chemical Technology Co Ltd., Changzhou Jian`an.