The global melamine pyrophosphate market was worth US$ 322.11 Million in the year 2022 and is expected to reach US$ 338.43 Million by the year 2032 at a CAGR of 5.3% between 2022 and 2032.
Melamine pyrophosphate, better known as MPP, comes across as a white crystalline powder containing 12-14% of phosphorus with nitrogen content of 42-44%. The major application of MPP is that of a flame retardant additive in adhesives coatings, plastics, and polymers. Melamine pyrophosphate is highly effective and free of halogens due to the combination of phosphorus and nitrogen present in it. In other words, it results in appropriate P-N-synergism.
The verticals asking for melamine pyrophosphate include textiles, aerospace, home furnishings, and automotives. Plus, MMP is being increasingly used in electronics & semiconductor vertical due to minimization of combustible semiconductors’ flammability.
The governments are also enforcing strict regulations regarding usage of toxic halogenated flame retardants along with growing awareness regarding fire safety; especially amongst those working in the construction vertical. The packaging vertical is also employing flame retardants for averting fire accidents.
Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-748
Melamine pyrophosphate is used at a large scale in laptops, smartphones, TV sets, refrigerators, PCBs (printed circuit boards), and vacuum cleaners. The building and construction vertical is witnessing technological transformation. Plastic and structural insulation call for use of melamine pyrophosphate.
Melamine pyrophosphate could be a good replacement to ammonium polyphosphate (as a catalyst and spumescent) in certain intumescent applications). It could be used with various epoxy for achieving fire retardant barriers in the gluelines in plastic laminates and wood.
At the same time, the fact that melamine pyrophosphate market is subject to restraints in the form of health hazards, such that it proves to be irritating to skin and eyes on contact. The inhalation would disturb the mucus membrane and lungs.
Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Melamine Pyrophosphate Market’ having a team of analysts and consultants through its 360-degree approach in primary, secondary, and tertiary modes of research.
“With safety and security of industrial plants being of prime concern, the global melamine pyrophosphate market is expected to grow notably in the years to come”, says an analyst from Future Market Insights.
Key Takeaways from Melamine Pyrophosphate Market
- The Asia-Pacific is amongst the key revenue-generators for melamine pyrophosphate market due to rising demand for electronics & electrical items in India and China.
- Europe holds a significant market share due to the construction and automotive verticals asking for melamine pyrophosphate. Germany leads from the front with extensive applications in electronics vertical.
- North America is growing on the back of the US promulgating the production of pyrophosphate going forward.
Competitive Analysis
- Century Multech Inc. produces melamine pyrophosphate that is used in nylons, fabrics, paper, paint, and plastics as a flame retardant. The electronics vertical is another area of application, wherein it’s used in circuit boards.
- Nordmann does distribute a wide selection of flame retardants from JLS (Chinese partner). The brand name known to construction, textile, coatings, and paint verticals is ‘NORD-MIN’.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-748
Key Companies Profiled
- Puyang Chengke Chemical
- Shouguang Weidong Chemical
- Tianyi
- Shian Chemical
- Sichuan Institute of Fine Chemical Industry Research and Design
- Cnsolver Technology
- JLS Chemical
- Zhenjiang Sanwa Flame Retardant Technology
- Century Multech Inc.
- Zhenjiang Xingxing Flame Retardants
What does the Report state?
- The research study is based on type (experimental grade melamine pyrophosphate, industrial grade melamine pyrophosphate, and commercial grade melamine pyrophosphate), by application (melamine pyrophosphate for synthetic resins, melamine pyrophosphate for thermoplastic elastomers, and melamine pyrophosphate for others), and by end-use industry (melamine pyrophosphate for synthetic resins, melamine pyrophosphate for automotive, melamine pyrophosphate for textile, melamine pyrophosphate for aerospace & defense, melamine pyrophosphate for packaging, and melamine pyrophosphate for others).
- With chemicals & materials vertical increasingly adopting melamine pyrophosphate, the global melamine pyrophosphate market is expected to grow on an impertinent note in the near future.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com