Decorative Laminates - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Decorative Laminates Market is accounted for $6.99 billion in 2017 and is expected to reach $10.22 billion by growing at a CAGR of 4.3% during the forecast period. Key factors driving the decorative laminates market include upcoming cultural and fashion trends in interior designing, increase in demand from the flooring industry, cabinets, and rise in demand from the rebounding housing markets. However, High cost of high-pressure decorative laminates acts as a restraint to market growth.
Decorative laminates are laminated products used as furniture surface materials or wall panelling. They are commonly used as an overlay over wooden furniture. Decorative laminates are an essential part of interior surfacing solution. Use of decorative laminates on wooden furniture surface provides a unique and stylish look to furniture in residential and non-residential buildings. They enhance the lifespan of surfaces and give them an attractive finish.
Based on types covered, the general purpose segment is expected to lead the decorative laminates market during the forecast period. General purpose decorative laminates are known for their excellent properties such as impact resistance, ease of cleaning, hygiene, scratch resistance, and heat resistance. By Geography, North America is anticipated to account for a significant share of the decorative laminates market during the forecast period.
Some of the key players profiled in the Decorative Laminates market include Abet Laminati S.P.A, Archidply Industries Ltd, Fletcher Building Limited, Fundermax GmbH, Greenlam Industries Ltd, Merino Group, Omnova Solutions Inc, Panolam Industries International, Inc, Stylam Industries Ltd, Wilsonart International Inc, Advanced Technology, Armstrong World Industries, Formica, Kingboard Holdings, Kronospan Holdings, Ronotex, Timber Products and Woodcraft Industries. .
Production Techniques Covered:
• Melamine Resin Soaking
• Phenolic Resin Soaking
• General Purpose
• Special Products
• Brown Paper
• Decorative Paper
• Overlay Translucent Sheet
Build Types Covered:
Raw Materials Covered:
• Plastic Resins
• Wood Substrate
• Other Finishings
• Counter Top
• Table Top
• Wall Panels
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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