Jersey City, New Jersey, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Decorative Laminates Market” By Type (General Purpose, Post Forming), By Raw Material (Plastic Resins, Overlays, Adhesives), By Application (Cabinets, Furniture, Flooring), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Decorative Laminates Market size was valued at USD 7.50 Billion in 2021 and is projected to reach USD 10.23 Billion by 2030, growing at a CAGR of 4.55% from 2023 to 2030.
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Browse in-depth TOC on “Decorative Laminates Market”
202 - Pages
126 – Tables
37 – Figures
Global Decorative Laminates Market Overview
The laminated products that serve primarily as wall paneling or furniture tops are referred to as decorative laminates. There are two different kinds of decorative laminates on the market, high-pressure and low-pressure laminate, depending on the manufacturing process. Low-pressure laminates, also known as plastic laminate, are produced at a pressure of 400 psi, while high-pressure laminates are produced at pressures between 1,200 and 2,000 psi.
Rising disposable income and rising living standards are expected to drive the decorative laminates market in the coming years. Furthermore, the market for decorative laminates is expected to expand in the coming years as a result of rapid urbanisation, rising residential construction, the affordability of decorative laminates, and their environmental friendliness. Low installation and maintenance costs for decorative laminates, as well as characteristics such as scratch resistance, anti-microbial, chemical resistance, and anti-fingerprint, are expected to drive the market.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Decorative Laminates Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Key Players
The “Global Decorative Laminates Market” study report will provide valuable insight emphasizing the global market. The major players in the market are Fletcher Building Limited, Greenlam Industries Ltd., Omnova Solutions Inc, Merino Group, Wilsonart International Inc., Fundermax GmbH, Archidply Industries Ltd, Abet Laminati S.P.A., Stylam Industries Ltd., and Panolam Industries International, Inc.
Based on the research, Verified Market Research® has segmented the global Decorative Laminates Market into Type, Raw Material, Application, and Geography.
- Decorative Laminates Market, by Type
- General Purpose
- Post forming
- Special Products
- Backer
- Decorative Laminates Market, by Raw Material
- Plastic resins
- Overlays
- Adhesives
- Wood substrate
- Decorative Laminates Market, by Application
- Cabinets
- Furniture
- Flooring
- Others
- Decorative Laminates Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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