The latest report titled “Melamine Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Melamine.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Melamine production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Melamine Production Process:
1.Melamine Production Cost From Urea: This report presents the detailed production methodology and cost analysis of Melamine industrial production across Melamine manufacturing plants. In this process, molten salt is used to heat the urea to decompose it, which breaks it into iso-cyanic acid, and by decomposing it further, melamine is obtained along with its by-product, carbon dioxide. Further, by using the solid suspension method, melamine is separated.
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Product Definition:
Melamine is an organic compound with the molecular formula of C3H6N6 and a molecular weight of 126.12 g/mol. This compound is also known as Cyanuramide, Cyanurotriamide, etc. It is a colorless compound, appearing like white crystals of monoclinic or prisms. It is available abundantly in Euglena gracilis, Apis cerana, and Aeromonas veronii.
The structure of melamine is composed of cyanamide with a 1,3,5-triazine skeleton. Since it is related to cyanamide, it contains 66 percent of nitrogen, which has the property of fire retardant when mixed with resins. It is a harmful product if consumed, gets in skin contact or breath by humans, and can cause irritation to skin, eyes, and breathing. It can cause cancer or reproductive damage with continuous contact with the human body and cause kidney malfunction when consumed. Additionally, industrially melamine is used as an adhesive, sealant chemical, formant, and household cleaning agent.
Market Drivers:
The demand for Melamine globally is driven by the rise in demand for laminates, paints, and wood adhesives. During the pandemic in 2020 melamine market was impacted adversely due to the lockdown. However, it has improved and grown immensely since 2021, with an increase in manufacturing activity in the automotive and construction industries. The growing construction industry has raised the demand for Melamine as the requirements for laminates, wood adhesive, and coating have increased. It has also been observed that substitutes like liquified wood and powder coating, as well as concerns about formaldehyde emissions, might affect its market growth. But melamine-based foam provides a better opportunity for market growth in the future of this product. Moreover, its resins are the polymers of choice used in the construction of kitchen cabinets, floors, and furniture due to their properties like hardness, stain resistance, and overall durability. Thus, the increase in construction throughout the world has shown significant growth in the demand for Melamine.
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