Decorative High Pressure Laminates Market Scope
Decorative high pressure laminate, consists of Kraft paper impregnated with melamine resin, are infused with decorative paper and protective overlay. And, the resulting laminate is attached to the substrate at high pressure and temperature. It is mainly used for wall paneling, ceiling plates, showpiece and many others due to its high scratch resistance, cost-effectiveness and high durability. In the current scenario, the increasing acceptance of laminate in mid-20th century encouraged manufacturers to derive it into new forms
According to AMA, the Global Decorative High Pressure Laminates market is expected to see growth rate of 6.1% Research Analyst at AMA estimates that United States, Chinese Vendors will contribute to the maximum growth of Global Decorative High Pressure Laminates market throughout the predicted period.
Fletcher Building (New Zealand), Kingboard Laminates (Hong Kong), Wilsonart (United States), ATI Laminates (United States), Kronospan (United Kingdom), Trespa International (Netherland), Panolam Industries (United States), Sonae Indústria (Portugal), OMNOVA Solutions (United States), Abet Laminati (Italy), Arpa Industriale (Italy), Changzhou Zhenghang Decorative Materials Co. Ltd (China), Hopewell (Hong Kong) and Roseburg (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Anhui Xima (China), Guangzhou G&P (China), Dura Tuff (United States), Violam (India) and AOGAO (China).
Segmentation Overview
The study have segmented the market of Global Decorative High Pressure Laminates market by Type (Horizontal and Vertical), by Application (Cabinets, Furniture, Flooring, Table top, Counter top and Wall panels) and Region with country level break-up.
On the basis of geography, the market of Decorative High Pressure Laminates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
A rapid boom in the trend of modular kitchens and modular bedrooms especially in North America and Europe
Market Growth Drivers:
Rise in the utilization of cabinets and ready-to-assemble furniture and floorings, Surging demand for decorative high pressure laminates in the emerging economies including India, China, and other and Due to advanced functional properties such as scratch resistance, chemical resistance, anti-microbial and anti-fingerprint
Challenges:
High Cost of the Products
Restraints:
Lack of awareness about decorative high pressure laminates in underdeveloped nations
Opportunities:
Increasing demand for eco-friendly decorative high pressure laminates products across the globe
Key Target Audience
Manufacturers of Decorative High Pressure Laminates Material, Carpenters, Building Contractors, Architects, Interior Designer, Traders, Distributors, and Suppliers and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.