Melamine Market Size | Share, Trends

New York, NY — (SBWIRE) — 09/23/2020 — The expansion of the automotive and construction industry, the rising focus on home decoration, and the increasing use of melamine in high resistance concrete have resulted in boosting the Melamine market.

The Global Melamine market is forecast to reach USD 10.21 Billion by 2027, according to a new report by Reports and Data. Melamine, also known as triaminotriazine, has a molecular formula of C3H6N6, which is an organic compound. It is a trimer of cyanamide, comprising of 1, 3, 5-triazine skeleton. Like cyanamide, this organic compound comprises of 67% nitrogen by mass. The derivate of triaminotriazine has fire retardant traits as it releases nitrogen gas when charred or burned.

The report is updated with the latest market and economic scenario with regard to the COVID-19 pandemic. The report is furnished with the current details and changes in the demand and trends relating

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