Amino Resin Market Size

Statistics for the 2023 & 2024 Amino Resin market size, created by Mordor Intelligence™ Industry Reports. Amino Resin size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Amino Resin Industry

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Amino Resin Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.30 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Amino Resins Market Analysis

The Amino Resin Market size is expected to grow from 7.17 million tons in 2023 to 8.86 million tons by 2028, at a CAGR of 4.30% during the forecast period (2023-2028).

The COVID-19 outbreak brought several short-term consequences in various industries, espacially construction and textile end-user industries, affecting the market demand for the paints & coatings, adhesives, and textile chemicals.

  • The primary factor driving the market studied is increasing demand from the paints & adhesives industries.
  • On the flip side, the hazardous air pollutants produced during the manufacture of amino resin is expected to hinder the growth of the market.
  • The use of amino formaldehyde-based resin technologies in the manufacture and use of food-contact coatings is expected to offer various opportunities for the growth of the market.
  • The adhesives & sealants industry is expected to dominate the global amino resin market over the forecast period.

Amino Resins Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)