The sales of high pressure laminated are expected to spark by increased demand from the flooring industry. The gain is also projected to rise by increased in shipments of laminate flooring. Further, growth will be continued by homeowners who desire to renovate their house walls owing to their ease of maintenance and low cost. These laminates are expected to benefit owing to their enhanced decorative properties, long-term durability, resistance to scratch, and wear and tear resistance. Additionally, as per the forecast, these laminates will continue to be in use in the production of flooring laminates for non-residential as well as residential construction.
As per the latest report added by Value Market Research, the Global High-Pressure Laminate Market was valued at USD 5.5 BN (by revenue) in 2017 and is anticipated to reach USD 8.5 BN by 2024 with a CAGR of 6.0%.
HIGH-PRESSURE LAMINATES ARE HIGHLY USED IN VERTICAL SURFACES
Vertical segment dominated with over 55% share in 2017. Since, high pressure laminated is a highly versatile material it is broadly used across vertical surfaces like doors and wall, such as a residential kitchen countertop or a work surface. Vertical surface laminates offer a decorative and functional surface for walls or surface which have minimum impact and wear.
FURNITURE AND CABINETS TO REMAIN THE LARGEST MARKET OVER THE FORECAST PERIOD
Furniture and cabinet was the leading segment with X.X% share in 2017. Rebounding housing market along with the construction of new housing will spur the segment growth. Also, growing demand for wall laminate derived from the non-residential construction market will again fuel the growth of the segment.
THE RESIDENTIAL SEGMENT HAS EMERGED AS THE LARGEST END-USER
The residential segment was one of the most important segments with X.X% share in 2017. High demand from the residential sector along with the improved in the living of standard and increasing usage of the product for flooring purpose is anticipated to derive the segment growth.
ASIA-PACIFIC TO RULE THE GLOBAL HIGH-PRESSURE LAMINATED MARKET
The Asia Pacific dominated this market with over 38% share in 2017. Ongoing urbanization and industrialization across emerging economies along with the improved living of standard of the people and rise in per capita income of the individual is expected to fuel the regional market growth. Also, people in this region are increasing spending’s on the home interior is again fueling the market growth.
MAJOR PLAYER’S INVOLVED ARE
Abet Laminati, Arpa Industriale, ASD, EGGER, Fletcher Building, Formica Group, Gentas, Kronospan, OMNOVA Solutions, PFLEIDERER, Sonae Indústria, Stylam, SWISS KRONO, Trespa International, and Wilsonart Engineered Surfaces.
As per this study the Global High Pressure Laminate Market was valued at USD 5.5 BN (by revenue) in 2017 and is anticipated to reach USD 8.5 BN by 2024 with a CAGR of 6.0%.
High-pressure laminate is a type of decorative laminates which is produced on which impregnating Kraft paper with melamine resins under a high pressure ranging between 1,200 to 2,000 lbs per square inch. After that, the resulting laminate is covered with layers of decorative paper. This high-pressure laminate has excellent properties versatility, durability, scratch resistant, and easy to maintain. Owing to their durability and other superior quality they have been adopted across various residential, commercial, and industrial application.
Demand for high-pressure laminate is basically growing on the account of rising application across cabinets and ready-to-assemble furniture and flooring. Rising demand from interior design industry where it is highly preferred owing to its pattern and texture. Further, growing production of the innovative product and eco-friendly product by the manufacturer is likely to offer immense growth to the market. On the flip side, availability of low-cost substitute product can act as a restraint to some extent.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of high pressure laminated.
The broad high pressure laminate market has been sub-grouped into surface, application, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Surface Market Share 2017
- Horizontal Surfaces
- Vertical Surfaces
- Furniture and Cabinets
- Wall Panel
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for high pressure laminate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe High Pressure Laminate Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the high pressure laminate market include Abet Laminati, Arpa Industriale, ASD, EGGER, Fletcher Building, Formica Group, Gentas, Kronospan, OMNOVA Solutions, PFLEIDERER, Sonae Indústria, Stylam, SWISS KRONO, Trespa International, and Wilsonart Engineered Surfaces. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To High Pressure Laminate
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global High Pressure Laminate Market: Snapshot
4. HIGH PRESSURE LAMINATE MARKET ANALYSIS BY SURFACE
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. HIGH PRESSURE LAMINATE MARKET ANALYSIS BY APPLICATION
- Market In Horizontal Surfaces
- Market In Vertical Surfaces
6. HIGH PRESSURE LAMINATE MARKET ANALYSIS BY END-USER
- Market In Furniture And Cabinets
- Market In Flooring
- Market In Wall Panel
- Market In Others
7. HIGH PRESSURE LAMINATE MARKET ANALYSIS BY GEOGRAPHY
- Market In Residential
- Market In Commercial
- Market In Industry
8. COMPETITIVE LANDSCAPE OF THE HIGH PRESSURE LAMINATE COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
9. COMPANY PROFILES OF THE HIGH PRESSURE LAMINATE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- Abet Laminati
- Arpa Industriale
- Fletcher Building
- Formica Group
- OMNOVA Solutions
- Sonae Indústria
- SWISS KRONO
- Trespa International
- Wilsonart Engineered Surfaces
Table 1. Market Highlights Of High Pressure Laminate
Table 2. Global High Pressure Laminate Market By Surface
Table 3. Global High Pressure Laminate Market By Application
Table 4. Global High Pressure Laminate Market By End-User
Table 5. Global High Pressure Laminate Market By Geography
Table 6. North America High Pressure Laminate Market
Table 7. Europe High Pressure Laminate Market
Table 8. Asia Pacific High Pressure Laminate Market
Table 9. Latin America High Pressure Laminate Market
Table 10. Middle East And Africa High Pressure Laminate Market
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of High Pressure Laminate Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of High Pressure Laminate
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global High Pressure Laminate Market By Surface
Fig. 8. Global High Pressure Laminate Market By Application
Fig. 9. Global High Pressure Laminate Market By End-User
Fig. 10. Global High Pressure Laminate Market By Geography
Fig. 11. North America High Pressure Laminate Market
Fig. 12. Europe High Pressure Laminate Market
Fig. 13. Asia Pacific High Pressure Laminate Market
Fig. 14. Latin America High Pressure Laminate Market
Fig. 15. Middle East And Africa High Pressure Laminate Market
Fig. 16. Market Share Of High Pressure Laminate Companies
Fig. 17. Recent Developments In High Pressure Laminate Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.