The global High Pressure Laminated Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global High Pressure Laminated Market report published by Value Market Research, the market is expected to touch USD 8.5 BN by 2024, with a CAGR of 6.0% growing from USD 5.5 BN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the high pressure laminated market include Abet Laminati, Arpa Industriale, ASD, EGGER, Fletcher Building, Formica Group, Gentas, Kronospan, OMNOVA Solutions, PFLEIDERER, Sonae Indústria, Stylam, SWISS KRONO, Trespa International, and Wilsonart Engineered Surfaces. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Demand for high-pressure laminate is basically growing on the account of rising application across cabinets and ready-to-assemble furniture and flooring. Rising demand from interior design industry where it is highly preferred owing to its pattern and texture. Further, growing production of the innovative product and eco-friendly product by the manufacturer is likely to offer immense growth to the market. On the flip side, availability of low-cost substitute product can act as a restraint to some extent.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of high pressure laminated.
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Market Segmentation
The broad high pressure laminated market has been sub-grouped into surface, application, and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Surface
Horizontal SurfacesVertical Surfaces
By Application
Furniture and CabinetsFlooringWall PanelOthers
By End-User
ResidentialCommercialIndustry
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for high pressure laminated in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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