Melamine Formaldehyde Market Business Strategies, Revenue and Growth Rate Upto 2026

An increase in demand for construction, furniture, packaging, automotive, and other end-user industries is fueling the growth of the global melamine formaldehyde market. The melamine formaldehyde market is also driven by the rising usage of resin in the production of laminates and adhesives. Properties such as thermal insulation and excellent chemical resistance make melamine-formaldehyde better in surface coatings and decorative laminates of automobile interiors in the automotive industry.