DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Decorative Laminates Market by Raw Material, Type (General Purpose, Post forming, Backer, and Special Products), Application, End-Use Sector (Residential, Non-Residential, and Transportation), and Region - Global Forecast Till 2021" report to their offering.
The global decorative laminates market is estimated to reach USD 7.97 billion by 2021, at a CAGR of 3.5% from 2016 to 2021.
Rapid growth of the construction industry coupled with the improving standard of living of consumers is the key factor driving the demand for decorative laminates. Moreover, low installation and maintenance cost of decorative laminates are also driving its market demand. However, fluctuating raw material price is the key challenge faced by decorative laminate manufacturers.
Based on type, the general purpose segment of the decorative laminates market is expected to grow at the highest CAGR during the forecast period
Based on type, the general purpose segment of the decorative laminates market is expected to grow at the highest CAGR during the forecast period. Decorative laminates are being rapidly adopted in various applications, as they have excellent properties such as impact resistance, ease of cleaning, hygiene, scratch resistance, and heat resistance. These properties make it suitable for direct applications on plywood, aluminum, plaster, concrete, steel, fiber reinforced plastic, and gypsum board. General purpose decorative laminates is a stiff, hard, thin, abrasion-resistant strong material that has durability and excellent aesthetic appeal.
The rising demand for use in various applications is expected to drive the decorative laminates market in the Asia-Pacific region.
- Abet Laminati S.P.A.
- Archidply Industries Ltd.
- Fletcher Building Limited
- Fundermax GmbH
- Greenlam Industries Ltd.
- Merino Group
- Omnova Solutions Inc.
- Panolam Industries International, Inc.
- Stylam Industries Ltd.
- Wilsonart International Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Decorative Laminates, By Raw Material
7 Decorative Laminates Market, By Type
8 Decorative Laminates Market, By Application
9 Decorative Laminates, By End-Use Sector
10 Decorative Laminates Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/tx55g7/decorative