Melamine Faced Chipboard Market: By Thickness, By Application, and Geography

Melamine Faced Chipboard (MFC) Market Size, Share, Growth, Trends, and Global Industry Analysis: By Thickness (Below 18 mm, 18 mm to 25 mm, and Above 25 mm), By Application (Residential, Commercial, and Others), and Region

Melamine Faced Chipboard Market size was estimated at US$ 4,784.1 million in 2022 and is poised to grow at a CAGR of 6.9% from 2023-2029. Increased demand for melamine faces chipboard from the end-user industries across the globe is driving the melamine-faced chipboard market. The growing use of melamine-faced chipboard in furniture and kitchen frames also boosts the market. Melamine is a stable material, and it is used in the kitchen mostly where spills and stains are common. The advantage of melamine-faced chipboard is that it can be cleaned very easily the properties like versatile and considerably sturdy increase the demand for the melamine-faced chipboard. Key manufacturers' increased research and development initiatives to develop new and innovative melamine-faced chipboard with fewer environmental implications are expected to provide lucrative opportunities. Furthermore, the increased usage of melamine-faced chipboard in adhesives for exterior wood panels is likely to boost the market growth. Melamine-faced chipboard offers greater water resistance. Again, the increasing usage of the material in the production of bamboo flooring tiles, laminates, and sawmill waste timbers is expected to boost the market growth. Increasing research and development activities also create opportunities for the market's growth. Based on thickness 18 mm to 25 mm accounted for a larger revenue share and is projected to grow with a CAGR of 6.8% from 2022 to 2028 to reach US$ 2,176.3 Mn by 2028. Based on application residential segment accounted for the larger share and is expected to grow in the forecast period due to increasing construction activities.

Melamine Faced Chipboard Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.9%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Melamine Faced Chipboard (MFC) Market Dynamics

The global melamine-faced chipboard (MFC) market is primarily driven by rising building activity and melamine face chipboard's distinctive features. Consumers' discretionary income is increasing, which encourages them to spend on home design items like furniture. The market for melamine-faced chipboard is likely to develop because of this trend. Furthermore, rising consumer standards of living, combined with an increase in urban populations throughout developing regions, are fueling the market growth. The availability of replacements such as Medium-density fiberboard (MDF) and raw material price fluctuations may limit market expansion throughout the projection period.

Melamine Faced Chipboard Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 4,784.1 million

Market CAGR

6.9%

By Thickness

  • Below 18 mm,
  • 18 mm to 25 mm, and
  • Above 25 mm

By Application

  • Residential,
  • Commercial, and
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The melamine faced chipboard (mfc) market size was valued at US$ 4,784.1 million in 2022

The melamine faced chipboard (mfc) market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Asia Pacific is the fastest-growing for melamine faced chipboard (mfc) market

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Melamine Faced Chipboard Market Introduction 
2.1.Global Melamine Faced Chipboard Market  - Taxonomy
2.2.Global Melamine Faced Chipboard Market  - Definitions
2.2.1.Thickness
2.2.2.Application
2.2.3.Region
3. Global Melamine Faced Chipboard Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Melamine Faced Chipboard Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Melamine Faced Chipboard Market  By Thickness, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Below 18 mm,
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. 18 mm to 25 mm, and
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Above 25 mm
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Melamine Faced Chipboard Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Residential,
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Commercial, and
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Melamine Faced Chipboard Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. North America Melamine Faced Chipboard Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Thickness Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Below 18 mm,
8.1.2.18 mm to 25 mm, and
8.1.3.Above 25 mm
8.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Residential,
8.2.2.Commercial, and
8.2.3.Others
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe Melamine Faced Chipboard Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Thickness Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Below 18 mm,
9.1.2.18 mm to 25 mm, and
9.1.3.Above 25 mm
9.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Residential,
9.2.2.Commercial, and
9.2.3.Others
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) Melamine Faced Chipboard Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Thickness Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Below 18 mm,
10.1.2.18 mm to 25 mm, and
10.1.3.Above 25 mm
10.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Residential,
10.2.2.Commercial, and
10.2.3.Others
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11. Middle East and Africa (MEA) Melamine Faced Chipboard Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Thickness Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Below 18 mm,
11.1.2.18 mm to 25 mm, and
11.1.3.Above 25 mm
11.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Residential,
11.2.2.Commercial, and
11.2.3.Others
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America Melamine Faced Chipboard Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Thickness Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Below 18 mm,
12.1.2.18 mm to 25 mm, and
12.1.3.Above 25 mm
12.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Residential,
12.2.2.Commercial, and
12.2.3.Others
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Henan Junheng Industrial Group Biotechnology Co., Ltd.
13.2.2.Shandong Guangtong New Materials Co., Ltd.
13.2.3.AECOCHEM
13.2.4.Cathay Industrial Biotech
13.2.5.Palmary Chemical
13.2.6.Evonik
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Henan Junheng Industrial Group Biotechnology Co., Ltd.
  • Shandong Guangtong New Materials Co., Ltd.
  • AECOCHEM
  • Cathay Industrial Biotech
  • Palmary Chemical
  • Evonik
  • Invista
  • Zibo Guangtong Chemical
  • BASF

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