Hexamethyl methoxy melamine is a chemical that is used as fillers and as cross-linking agents across various industries. The resins associated with the HMMM are used in the manufacture of coatings and plastics for coils, cans, and automobiles. Moreover, Hexamethyl methoxy melamine is recommended as a replacement for hexamethylene-tetramine owing to its lower toxicity and less effect on scorch times.
They also have applications across tackifiers, Fabric, textiles, leather products, etc. For instance, Techno Waxchem Pvt Ltd.’s TECHNIC HM100 Hexamethyl Methoxy melamine resin meets the stringent requirements of cord-rubber properties of tire and non – tire industries. Moreover, it offers a balanced combination of good adhesion and excellent fatigue resistance.
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The growing construction industry is the prime factor fueling the market growth of Hexamethyl methoxy melamine. For instance, in 2015, global construction perspectives and oxford economics together stated that the global construction market is set to grow by US$ 8 trillion by 2030, reaching a total size of US$ 17.5 trillion and growing by an average annual rate of 3.9% by 2030.
On the flip side, toxicity associated with the consumption and disposal of hexamethyl methoxy melamine is expected to hamper the market growth. For instance, according to a study published by the National Center for Biotechnology Information in May 2015, the presence of HMMM was found in 60 of 117 water samples from three river systems, with concentrations ranging between 10 and 880 ng/L.
According to Coherent Market Insights’ analysis, Asia Pacific is expected to be the fastest-growing region in the hexamethyl methoxy melamine market over the forecast period, and this can be attributed to rising usage of fillers and additives in paints and coatings industry. According to the India Brand Equity Foundation in 2011, the paints and coatings industry generated US$ 3.6 billion and was estimated to grow to US$ 8.2 billion in 2017.
China is the world’s largest consumer of hexamethyl methoxy melamine, owing to growing chemicals, paints, and coatings sector in the country
Key players operating in the global hexamethyl methoxy melamine (HMMM) market include Suzhou VosunChemical Co., Ltd., SancaiIndustry Co., Ltd., Dalian RichonChemCo., Ltd., Western Reserve Chemical, AllnexGroup, ParchemFine & Specialty Chemicals, Tokyo Chemical Industry Co., Ltd., Hangzhou DayangChemCo., Ltd., Qingdao Sun Tech Industries & Trading Co., Ltd. and ChemsonIndustrial (Shanghai) Co., Ltd.
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On the basis of application
– Paints and Coatings
– Rubber Compounds
On the basis of region
– North America
– Asia Pacific
– Latin America
– Middle East
Mr. Raj Shah
Coherent Market Insights
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Seattle, WA 98154
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