The CIS market for melamine

     Nowadays the global market for melamine grows at 5-6% per year and exceeds 1.2 million tonnes. The largest volumes of the compound are manufactured by China, Japan, North America and Europe. China is on the way to become the key player in the melamine market, showing the growth in domestic consumption at more than 10% per year. On a world scale, the market size of the CIS countries remains insignificant but region’s improving economy and close attention that the Russian government pays to the development of wood industry within the country can drive melamine consumption into world highs. This prognosis in particular is supported by the fact that the world leading melamine producers express great interest in the Russian market of late. The main trends of the CIS market are reflected in our article.

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