Market Overview:
Market
research future published a raw research report on Global Decorative Laminates that contains the information from 2016 to
2022. Global Decorative laminates is expected to grow with
the CAGR of approximately from 2016 to 2022, and with this it is predictable to
cross USD Billion by 2022.
Laminates are available either for
decorative purpose or for industrial use. Standard laminates are used in normal
applications. Whereas, post formable laminates are used in kitchens and offices
where a neater look is required, and in places like hospitals and restaurants
anti-bacterial laminates are used, where hygiene is extremely important.
Moreover, the increased durability, cost efficiency and fewer requirements of
skilled labors for installation are some of the factors which are driving the
market for decorative laminates. Growth in rebounding construction activity,
increased interest in home improvements, and pent-up demand for non-residential
upgrades will provide opportunities for decorative laminates market.
The report has analyzed the market
based on the three segments: material, product, and application in the regions
of North America, Europe, APAC and rest of the world. On the basis of product
it includes high pressure laminates, low pressure laminates, edge banding.
High-pressure laminates are high-priced and more durable and expected to increase
the growth of the decorative laminates market. On the basis of material it is
segmented as plastic, paper and vinyl. Additionally on the basis of application
it is segmented as residential construction and non-residential construction.
Furniture is referred as largest and fastest
growing market due to changing preferences towards furniture and aesthetic
values. The scope of the market has widened over many years owing to the
flourishing markets of Asia pacific.
Asia pacific will be the largest market
Asia
pacific is dominating the market for decorative laminates. Increase in
purchasing power coupled with growth in residential and non-residential
construction are some of the factors which will boost the market demand. Emerging
economies such as China and India acts as the most promising market as well as manufacturing
capacity for laminated boards continues to expand and acts as a major factor
for the growth of the market. Rapid industrialization and increasing trend for
customized and attractive interior in homes and offices is anticipated to fuel
the decorative laminates market.
Ask for your specific company profile and
country level customization on reports. FunderMax (Austria), Kingboard
Laminates Holdings Limited(Hong Kong), ronotex GmbH & Co.(U.S.), Kronospan
Holdings Limited(Austria), Advanced Technology Inc.(U.S.), Armstrong World
Industries Inc.(U.S.), Roseburg Forest Products Company(U.S.), Woodcraft
Industries Incorporated(U.S.)
This
research report has provides the insights, on various levels of analyses such
industry analysis, market share analysis leading market players and their
profiles. This report also helps in studying the target segments by providing
views on emerging & high-growth segments and market conclusion. Together
the market data comprise and discuss with the basic assessments on the
competitive scenarios & strategies, of the global decorative laminates,
including the high-growth regions, countries and their political, economic and
technological environments. Furthermore the project report also provides the
views over the historical market values as well as, pricing and cost analysis
of the same.
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