the global Melamine Foam Block market size is projected to reach USD 0.83 billion by 2029

Melamine Foam Block Market Summary

Melamine foam block is a foam-like material consisting of a melamine-formadehyde condensate. Melamine foam block is a unique, flexible, non-fibrous open cell foam.

According to the new market research report “Global Melamine Foam Block Market Report 2023-2029”, published by GlobaIInfoResearch, the global Melamine Foam Block market size is projected to reach USD 0.83 billion by 2029, at a CAGR of 7.5% during the forecast period.

• Global Melamine Foam Block MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Melamine Foam Block Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

D1: The major factor accountable for the growth of the market is the high levels of growth coupled with the construction industry. China has promulgated a series of policies and regulations on building energy conservation to achieve a planned reduction in the total energy consumption of buildings in the whole society, which provides a huge market space for melamine foam.

D2: Beside this, the increasing disposable income and changes in preferences and lifestyles of consumers is also flourishing the growth of the melamine foam market. The melamine foam is having a large range of application in the household activities will further offer a variety of growth opportunities for the melamine foam market in the above-mentioned forecast period.

D3: Also, the growing demand for transportation and building sound insulation is also highly impacting the growth of the forecast's melamine foam market. The application of melamine foam blocks in electric vehicle batteries is mainly based on thermal insulation pads, buffer pads and compression pads, which have the functions of flame retardant, mute, sealing and waterproofing. The strong arrival of the new energy vehicle market is expected to greatly promote the growth of the market.

• Global Melamine Foam Block Top7Players Ranking and Market Share（Continually updated）

Source: GlobalInfoResearch, “Global Melamine Foam Block Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

According to GlobaIInfoResearch Top Players Research Center, the global key manufacturers of Melamine Foam Block include BASF, Dongsung Chemical, etc. In 2022, the global top three players had a share approximately 55.0% in terms of revenue.

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