Decorative Laminates Market trend shows a rapid growth by 2025 - key player Wilsonart, OMNOVA Solutions, Greenlam Industries ltd, Merino Group, FunderMax GmbH

The decorative laminates are hard brittle sheets with decorative surface in a variety of different design patterns, textures, and colors. These laminated materials primarily used for decoration purposes such as furniture surface materials or wall paneling. They are made of resins laminated onto the layers of kraft papers surface such as paper topped with decorative sheet. High pressure decorative laminates are specifically designed for durability and high performance solutions. Decorative laminates impart aesthetic finish to furniture items, counters, worktops, and cabinets.

The decorative laminates market is anticipated to witness fast growth in the forecast period owing to rapidly growing construction industry driven by improved standards of living and rising per disposable income of the population. Furthermore, low installation and maintenance cost coupled with the improved performance and aesthetic value of the product propel the growth of the decorative laminates market. However, stiff competition from veneer market and brittle nature of the product are major restraint for the decorative laminates market. On the other hand, technological advancements with high pressure lamination production to improve performance characteristics of the product offer significant growth opportunities for the key players operating in the decorative laminates market during the forecast period.

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Leading key market players mentioned in the report:-

• Abet Laminati S.p.A.
• Archidply Industries
• FunderMax GmbH
• Greenlam Industries Limited
• Merino Laminates (Merino Group)
• OMNOVA Solutions Inc.
• Panolam Industries International, Inc.
• Roseburg Forest Products Co.
• Stylam Industries Ltd.
• Wilsonart LLC

The global decorative laminates market is segmented on the basis of raw material, type, application, and end-use sector. By raw material, the market is segmented as plastic resin, overlays, adhesives, and wood substrate. Based on type, the market is segmented as general purpose, post forming, special products, and backer. On the basis of the application, the market is segmented as cabinets, furniture, flooring, and others. The market on the basis of the end user is classified as residential, non-residential, and transportation.

Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

What the report features:-

• Global analysis of Decorative Laminates market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of Decorative Laminates market by Dosage, Route of Administration and Application from 2019 – 2027
• Forecast and analysis of Decorative Laminates market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

This market research report administers a broad view of the Decorative Laminates market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Decorative Laminates market’s growth in terms of revenue.

The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Decorative Laminates market growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Decorative Laminates market through the segments and sub-segments.

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The report also provides the market size and estimates a forecast from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Decorative Laminates market.

The report also analyzes the factors affecting Decorative Laminates market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

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