Melamine (C3H6N6) is an organic compound that comprises of six-atoms forming a heterocyclic ring of alternative carbon and nitrogen atoms, attached with three amino groups attached to it. The compound is white in color and is rich in nitrogen.
The derivatives obtained from Melamine comprise a flame-retardant property which is because it releases nitrogen when burned. The melting point of the compound measures around 343° C. Industrially, it is used to produce thermosetting plastics. These plastics react with formaldehyde compounds.
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India, the United States, and Vietnam are the key importing countries that import Melamine. On the other hand, the key exporting countries for the same are China, India, and Germany.
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 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 a compound that is rich in nitrogen which is used in various industrial applications. It is used to manufacture various products such as thermosetting plastics, kitchenware, dinner wares, plywood, decorative laminates, and much more. The resins are produced with a mixture of Melamine and formaldehyde compound, which is used in high-pressure decorative laminates, laminate floorings, and dry eraser boards.
Moreover, the foam created using Melamine is used as an insulation or soundproofing material and in polymeric cleaning products. It is a colorant in inks and plastics, particularly in manufacturing pigment yellow 150.
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
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