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Decorative High-pressure Laminate (HPL) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Astro Aerospace Ltd. (OTC :ASDN), International Business Machines Corporation (NYSE :IBM),

03 Jan, 2020 | 133 Pages
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Global Decorative High-pressure Laminate (HPL) market size is projected to reach USD 10970 million by 2027, from USD 8962.5 million in 2021, at a CAGR of 3.5% During 2022-2027.



Decorative High-pressure Laminate (HPL) Market Overview



Decorative High Pressure Laminate or HPL, is the direct descendent of the original plastic laminate. It is considered to be one of the most durable decorative surface materials and is available with special performance properties including chemical, fire and wear resistance. Special grades of HPL can be postformed around curved edges by application of heat and restraint. Based on the Decorative High-pressure Laminate (HPL) market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals.



When several layers of kraft paper are soaked in resin, decorative high-pressure laminates are created. They are pressed till they form a shiny, plastic-like material. Decorative high-pressure laminates are extensively used in renovating furniture, home-building, remodeling furniture and manufacturing furniture. Their popularity resides with their strength, durability and resilience.This market is booming due to covid as people staying in their homes decided to redo and renovate their homes which grew the market demand for decorative high-pressure laminates along with its prices.



Who are the Major Players in the Decorative High-pressure Laminate (HPL) Market?



The global Decorative High-pressure Laminate (HPL) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER and others.



Industrial New And Development




  • OMNOVA Acquires Leading Supplier in European Coating Resins


    • OMNOVA Solutions Inc. (NYSE: OMN) announced today that it has acquired Resiquímica, S.A., a Portugal-based producer of resins and binders for the coatings and building and construction industries. Resiquímica's aqueous polymer emulsions and solvent-borne alkyd and acrylic resins are key elements used in a wide variety of residential and industrial coatings.  Additionally, unsaturated polyester resins from Resiquímica are targeted at demanding applications in marine, food storage tanks, and more.  Geographic markets served by Resiquímica include Portugal, Spain, France, and North Africa.






What are the major Applications, Types and Regions for Decorative High-pressure Laminate (HPL) Market?



Decorative High-pressure Laminate (HPL) Market is segmented based on the type, applications, companies and regions.



By Type, Decorative High-pressure Laminate (HPL) Market has been segmented into 




  • Horizontal

  • Vertical

  • Other



The end user’s industry application on Decorative High-pressure Laminate (HPL) Market is




  • Commercially

  • Residences

  • Other



Decorative High-pressure Laminate (HPL) Market Regional Analysis



The global decorative high pressure laminates market is divided into the Asia-Pacific market and the North American market. The Asia-Pacific region especially shows the greatest opportunities because of high CAGR which is estimated to be 5.61% in December of 2024.



This region also commands the largest slice of the decorative high pressure laminates market share at 47.5%. But this statistic was last analyzed in 2018. The market share and size has grown much more in the three years since then. Some of the main factors which are driving amazing growth are large populations, rapid population growth, rising disposable incomes, a strong and growing middle class, and an increase in spending on home and building decor and furniture.



The North American region currently accounts for 23.56% of the decorative high pressure laminates market share. Its CAGR is expected to be approximately 4.71% until 2024. A key reason for this is the heavy usage of high-pressure laminates in cabinets in houses and commercial buildings.



What is our Decorative High-pressure Laminate (HPL) Market report scope?



The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Decorative High-pressure Laminate (HPL) Market for the historical period of 2017-2021 and the forecast period of 2022-2027.



The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.























































Reports Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 3.5% during the review period (2022 to 2027).



By Type




  • Horizontal

  • Vertical

  • Others



By Application




  • Commercially

  • Residences

  • Other



By Companies



Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER



Regions Covered



• North America



• Europe



• Asia-Pacific



• Rest of the World



Countries Covered



• US



• Canada



• Germany



• France



• UK



• Italy



• Spain



• Rest of Europe



• China



• Japan



• India



• Australia



• South Korea



• Rest of Asia-Pacific



• Middle East & Africa



• Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



133



Customization Available



Yes, the report can be customized as per your needs




Key Takeaways from this Decorative High-pressure Laminate (HPL) Report




  • Evaluate Decorative High-pressure Laminate (HPL) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Decorative High-pressure Laminate (HPL) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



Frequently Asked Questions



What is the study period of this market?



The Decorative High-pressure Laminate (HPL) Market is studied from 2017 - 2027.



Who are the key players in Decorative High-pressure Laminate (HPL) Market?



Fletcher Building, Wilsonart, Panolam Industries, Kronospan, Astro Aerospace Ltd. (OTC :ASDN), EGGER, Greenlam, OMNOVA Solutions, Merino, Abet Laminati, Arpa Industriale, Gentas, Sonae Indústria, PFLEIDERER, Trespa International Business Machines Corporation (NYSE :IBM), FORMILINE, LAMITECH, Stylam, Hopewell, Royal Crown Laminates, Zhenghang, Guangzhou G&P, SWISS KRONO, AOGAO, ATI Laminates, Dura Tuff and others..



What are the significant types of Decorative High-pressure Laminate (HPL) Market?



Horizontal, Vertical,Others



What are the major end-use applications of the Decorative High-pressure Laminate (HPL) Market?



Commercially, Residences, Other.



What segments are covered in the Decorative High-pressure Laminate (HPL) Market report?



The Global Decorative High-pressure Laminate (HPL) Market is Segmented on the basic of Product, Application, and Geography.



How can I get a sample report/company profile for the Decorative High-pressure Laminate (HPL) Market?



The sample report for the Decorative High-pressure Laminate (HPL) Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL DECORATIVE HIGH-PRESSURE LAMINATE (HPL) MARKET BY TYPES

    3. DECORATIVE HIGH-PRESSURE LAMINATE (HPL) MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR DECORATIVE HIGH-PRESSURE LAMINATE (HPL)



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. DECORATIVE HIGH-PRESSURE LAMINATE (HPL) GROWTH

      2. APPLICATION OF DECORATIVE HIGH-PRESSURE LAMINATE (HPL)



    4. IMPACT OF COVID 19



  5. GLOBAL DECORATIVE HIGH-PRESSURE LAMINATE (HPL) MARKET, TYPES

    1. INTRODUCTION

    2. HORIZONTAL

    3. VERTICAL

    4. OTHERS



  6. GLOBAL DECORATIVE HIGH-PRESSURE LAMINATE (HPL) MARKET, BY APPLICATION

    • INTRODUCTION

    • COMMERCIALLY

    • RESIDENCES

    • OTHER



  7. GLOBAL DECORATIVE HIGH-PRESSURE LAMINATE (HPL) MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. FLETCHER BUILDING

      2. WILSONART

      3. PANOLAM INDUSTRIES

      4. KRONOSPAN

      5. ASD

      6. EGGER

      7. GREENLAM

      8. OMNOVA SOLUTIONS

      9. MERINO

      10. ABET LAMINATI

      11. ARPA INDUSTRIALE

      12. GENTAS

      13. SONAE INDÚSTRIA

      14. PFLEIDERER

      15. TRESPA INTERNATIONAL

      16. FORMILINE

      17. LAMITECH

      18. STYLAM

      19. HOPEWELL

      20. ROYAL CROWN LAMINATES

      21. ZHENGHANG

      22. GUANGZHOU G&P

      23. SWISS KRONO

      24. AOGAO

      25. ATI LAMINATES

      26. DURA TUFF





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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