Market Overview:
Market
research future published a raw research report on Global Decorative
Laminates that contains the information from 2014 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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