The Melamine Pyrophosphate also known as MPP is a flame retardant additive utilized across Automotive, Electronics, Aerospace and defense industries among others. Melamine pyrophosphate is obtained through direction reaction of pyrophosphoric acid and melamine in an aqueous reaction medium at a temperature of from about 0 C. to about 60. It is available in white powder form and have application in fabrics, nylons, paint, paper and plastics as flame retardant. The rising demand for Flame retardants additives and growing semiconductor & electronics industry as well as increasing number of end use application of flame retardant additive are factors that are accelerating the global market demand. For instance, in 2019, global flame retardants market was estimated at USD 8.39 billion. It is projected to grow to around USD 16.6 billion by 2030.
Furthermore, in 2021, revenue in the global semiconductor industry was estimated at USD 595 billion, and as per projections semiconductor market revenues are projected to grow to USD 676 billion by end of 2022. Also, growing industrialization in emerging economies coupled with increasing penetration of smartphones are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, health hazards associated with Melamine pyrophosphate and availability of alternatives impede the growth of the market over the forecast period of 2022-2028.
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The key regions considered for the global Melamine Pyrophosphate Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the increasing utilization of melamine pyrophosphate and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rapid industrialization and growing electric & electronics sector in the region, would create lucrative growth prospects for the global Melamine Pyrophosphate Market across the Asia Pacific region.
Major market players included in this report are:
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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Experimental Grade Melamine Pyrophosphate
Industrial Grade Melamine Pyrophosphate
Commercial Grade Melamine Pyrophosphate
By Application:
Synthetic Resins
Thermoplastic Elastomers
Others
By End Use Industry:
Synthetic Resins
Automotive
Textile
Aerospace & Defense
Packaging
Others
By Region:
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North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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