This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global decorative laminates market for the period of 20162023 to identify the prevailing market opportunities and the key countries in each region has been mapped based on market share.
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Decorative laminates are laminate products used mainly for wall paneling and in furniture surface materials. These possess anti-bacterial & anti-fungal properties, high durability, and flexibility apart from enhancing the aesthetic design of the furniture.
The global decorative laminates market is driven by extensive use of saturated papers, improvement in performance, reduction in cost, increase in the aesthetic value of products, rise in disposable income of the population, and rapid urbanization. However, release of VOCs, frequent clipping of these laminations due to their brittle nature, and inability to replace the spirally growing veneer market due to the latters remarkable performance hamper the market growth.
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Recent advancements in high pressure lamination production processes to improve performance, increase durability, and reduce wear & tear present lucrative opportunities for market players during the forecast period.
The global decorative laminations market is segmented based on source, built type, production technique, end use sector, application, property, finishing, and geography.
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Based on source, it is classified into brown paper, decorative paper, overlay translucent sheet, and others (plastic resin, wood substrate, and others). Based on built type, it is divided into unicore, and non-core.
On the basis of production technique, it is segmented into phenolic resin soaking (high pressure and low pressure) and melamine resin soaking (high pressure and low pressure). Based on end use, it is segmented into residential, non-residential (hospital, restaurant, office, and others including school board, cinema hall, educational institution, and others), and transportation (aircraft, train, bus, and car).
Based on application, it is divided into cabinet, furniture, flooring, and others (table top, wall panel, counter top, and others). Based on property, it is divided into fire-retardant, anti-bacterial, and magnetic.
On the basis of finishing, it is classified into smooth, textured, matt, polished, and others (high gloss, brushed, and printed). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key market players profiled in this report are, Fletcher Building Limited (New Zealand), Omnova Solutions Incorporation (U.S.), Greenlam Industries Limited (India), Merino Industries Limited (India), Wilsonart LLC (U.S.), Abet Laminati S.p.A. (Italy), Archidply Industries Limited (India), FunderMax Gmbh (Europe), Panolam Industries International, Inc. (U.S.), and Stylam Industries Limited (India).
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