Summary - A new market study, titled “Global Decorative High-Pressure Laminates (HPL) Market Size, Status and Forecast 2020-2026” has been featured on WiseGuy Reports.
Global Decorative High-Pressure Laminates Market: Information by Application (Furniture & Cabinets), by End-Users (Residential, Commercial), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)—Forecast till 2023
Market analysis
Decorative high-pressure laminates (HPL) are fabricated by soaking numerous layers of Kraft papers with phenolic gum, combined utilizing warmth and weight (in excess of 1,000 PSI). A layer of printed style paper is put over the Kraft paper before applying weight. As thermoset plastics, for example, phenolic and melamine pitches are utilized, the restoring procedure changes the gum into plastic by cross-connecting, which changes over the paper sheets into a solitary, inflexible laminate sheet. These laminates are a typical decision for even surfaces including ledges, work areas, and ground surface attributable to their strength. They increase the life expectancy of surfaces and offer an alluring completion. Factors, for example, the quickly developing development industry, substitute for mind-boggling expense floor materials, developing ventures for infrastructural improvement, and expanding disposable income are probably going to support the worldwide market development in the coming years. The global decorative high-pressure laminates market is expected to register a healthy CAGR of 5.3% to reach the valuation of USD 14,857 million by the year 2023.
Market segmentation
The Global Decorative High-Pressure Laminates Market is segmented on the basis of its application, end-user and regional demand. Based on its application, the Global Decorative High-Pressure Laminates Market is divided into Flooring & Wall Panels and Furniture & Cabinets. On the basis of its end-user, the Global Decorative High-Pressure Laminates Market is bifurcated into Commercial, Residential and Transportation.
Regional analysis
Geographically, the Global Decorative High-Pressure Laminates Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Pfleiderer (Germany), Wilsonart LLC (US), OMNOVA Solutions Inc (US), Abet Laminati S.p.A. (Italy), Panolam Industries International, Inc (US), and Fundermax (Austria), Formica Corporation (US), Greenlam Industries Limited (India), Merinolaminates (India), Stylam Industries Limited (India), among others are some of the major players in the Global Decorative High-Pressure Laminates Market.
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Report Decorative High Pressure Laminates covers all aspects of the "Decorative High Pressure Laminates Market".
It provides basic market terminology and advanced analytical information in an understandable way that can be interpreted not just by a specialist but also a layman.
One of the most important descriptions in this report is full information on the major key players Fletcher Building, Kingboard Laminates, Wilsonart, Toppan, ATI Laminates, Kronospan, Trespa International, Sumitomo, Panolam Industries, Sonae Indústria, OMNOVA Solutions, Abet Laminati, Arpa Industriale, Zhenghang, Hopewell, Guangzhou G, Roseburg, Anhui Xima, Dura Tuff, Violam, AOGAO holding the market share.
The information includes the company profile, annual turnover, the types of products and services they provide, income generation, which provide direction to businesses to take important steps.Request for Sample Copy of Decorative High Pressure Laminates Market ReportThe market growth rate in around the globe can vary from region to region, for which the report presents the full analysis based on different geographic areas.
At the same time, the report provides data analyzed based on cost structure statistics for raw material collection, efficient product manufacturing, safe delivery, and overall after-sales costs.The global Decorative High Pressure Laminates report also contains detailed information on important, less significant growth and limitation factors that significantly affect market growth.
The strike of the global Decorative High Pressure Laminates market is mentioned in the part of those areas, It demonstrates various segments Horizontal, Vertical and sub-segments Commercially, Residences, Industry of the global Decorative High Pressure Laminates market.
The global Decorative Laminates Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the decorative laminates market include Fletcher Building, OMNOVA Solutions Inc., Greenlam Industries, Merinolaminates., Wilsonart LLC., Archidply, FunderMax, Stylam Industries Limited, Heritage Laminate Surfaces., Timber Products Company, Tarkett..
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Decorative Laminates Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/decorative-laminates-market/download-sampleMarket DynamicsDecorative laminates are gaining robust popularity due to their superior lucrative properties and multifariousness in designs.
Availability of wide variety, easy customization, durability, easy installation, pocket-friendly cost, and easy maintenance are factors responsible for its wide adoption in residential and non–residential applications.
Apart from offering aesthetic appeal, decorative laminates also provide properties such as antibacterial, anti-fungi, fire-resist, scratch-resistant, heat-resistant, moisture-resistant, impact-resistant, abrasion-resistant, and flame-retardant.
