Press release
Decorative laminates market: Construction, flooring applications driving the global industry demand up to 2023
Decorative laminates market size is estimated to surpass 12 billion square meters by 2023, growing at more than 5.5% CAGR from 2016 to 2023.
Detailed table of contents of this research report@
https://www.gminsights.com/request-toc/upcoming/376
Expansion in the real estate industry accompanied by increasing trend for ready to assemble furniture in homes and offices are among the key factors to drive decorative laminates demand.
Industries including hotels, hospitals, offices, shopping malls, airports and colleges are likely to fuel demand for flooring and wall panels owing to presence of variety of designs, textures and colors. Flooring and ready to assemble furniture production was dominated by China, due to expansion in manufacturing capacity and raw material availability.
Asia Pacific decorative laminates market size was the largest, and accounted for over 46% of the global revenue in 2015. China was the major producer of ready to assemble and laminated flooring, with more than 30% of the total demand in the same year.
As per the National Bureau of Statistics, China’s urban household’s annual per capita disposable income was more than USD 4,400 in 2015. India’s annual disposable income was over 1,600 billion in 2015.
Inquire about to purchase this research report@
https://www.gminsights.com/inquiry-before-buying/376
Rapid industrialization and increasing trend for customized and attractive interior in homes and offices is anticipated to fuel the North America decorative laminates demand. Middle East & Africa (MEA) is likely to be an attractive region owing to expansion in hotels and real estate industry in South Africa and UAE.
Products can be segmented into low-pressure (LPL) and high-pressure laminates (HPL). HPL is considered to be a more durable and tough product as it is derived from phenolic resin and kraft paper.
It is preferred on countertops, flooring, and desktop applications owing to fire and chemical resistance properties. Increasing demand for sustainable and long-life flooring in the residential and institutional sector is likely to propel product demand.
Decorative laminates market share is fragmented, key players include FunderMax, Formica, Kingboard Holdings, Kronospan Holdings, Ronotex, Armstrong World Industries, Advanced Technology, Roseburg Forest Products, SierraPine, Sekisui Chemical, Tarkett SA, Timber Products, Woodcraft Industries, Wilsonart International, and Omnova Solutions.
Related Report:
Expanded Perlite Market Size By Application (Construction Products, Fillers, Filtration & Process Aid, Horticultural Aggregate), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
https://www.gminsights.com/industry-analysis/expanded-perlite-market
Read our insightful industry blogs:
https://gminsights.wordpress.com
http://www.fractovia.org
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105
Ocean View, Delaware
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Decorative laminates market: Construction, flooring applications driving the global industry demand up to 2023 here
News-ID: 429503 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for Decorative
Transformative Trends Impacting the Decorative Rugs Market Landscape: Innovative …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Decorative Rugs Market Size By 2025?
In recent times, there has been significant growth in the market size of decorative rugs. The market is projected to escalate from a value of $3.8 billion in 2024, flourishing to $4.08 billion in 2025, indicative of a compound…
Key Factor Supporting Decorative Coatings Market Development in 2025: Urbanizati …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Decorative Coatings Market Size By 2025?
Recent years have seen significant expansion in the decorative coatings market. Its size is projected to increase from $93.5 billion in 2024 to $99.88 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. This past growth can be connected to a…
Decorative Concrete: Critical Driver Shaping the Urbanization Fueling The Decora …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Decorative Concrete Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The value of the decorative concrete market has been rising steadily over the past few years. It is projected to increase from $17.77 billion in 2024 to $18.57 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%.…
Evolving Market Trends In The Decorative Lighting Industry: AI Connected Technol …
The Decorative Lighting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Decorative Lighting Market Size and Its Estimated Growth Rate?
Over the last few years, there has been consistent growth in the decorative lighting market size. The market size is projected to…
Urbanization Fueling The Decorative Concrete Market Boom: Key Factor Driving The …
The Decorative Concrete Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Decorative Concrete Market Size During the Forecast Period?
The size of the decorative concrete market has seen a consistent increase over the recent years. It is projected to expand from $17.77…
Decorative Concrete sales Market 2017- Sherwin-Williams, H&C, Euclid Chemical, A …
Apex Research, recently published a detailed market research study focused on the "Decorative Concrete Market" across the global, regional and country level. The report provides 360° analysis of "Decorative Concrete Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Decorative Concrete industry, and estimates the future trend of Decorative Concrete market on…
