Global Decorative Laminates Market To Power Rapidly And Reach USD 9.98 Billion By 2026

As per Zion Market Research, the global decorative laminates market is predicted to cross USD 9.98 billion by 2026, with a CAGR of almost 4%. Major players active in t he global market are Stylam Industries Limited, Fletcher Building Limited, Greenlam Industries Limited, Omnova Solutions Incorporation, Wilsonart International Inc., Merino group, Archidply Industries Limited, Abet Laminati S.p.A., Panolam Industries International, Inc., and FunderMax Gmbh.

Owing To Their Excellent Characteristics Decorative Laminates Are Used In Different Applications, Thereby Powering The Market Growth

The decorative laminates market has observed major development in recent times. Decorative laminates, owing to their excellent characteristics, such as huge variety, water resistance, microbe-resistant, durability, and ease of maintenance are employed in a broad series of applications such as furniture, cabinets, wall panels, and countertops.

On The Basis Of Type, The General Purpose Section Dominated The Decorative Laminates Market

The primary kinds of decorative laminates are postforming, general purpose, special products, and backer. On the basis of type, the general purpose section dominated the decorative laminates market, owing to the employment of these laminates in different applications. This section is predicted to develop at the max CAGR in the years to come, owing to the rising acceptance of these laminates in the residential industry, due to their distinct varieties and excellent properties. The requirement for general purpose decorative laminates is elevated in all areas owing to high disposable revenue of users and its easy availability.

In Terms Of End-Use Industry, The Non-Residential Section Is Predicted To Dominate The Global Market During The Coming Period

Decorative laminates are employed in different end-use industries such as non-residential, residential, and transportation. In terms of end-use industry, the non-residential section is predicted to dominate the global market during the coming period. This is majorly owing to high volume usage of such laminates in non-residential buildings over residential buildings.

Asia Pacific Is Predicted To Dominate The Decorative Laminates Market During The Coming Period

Europe, North America, Middle East & Africa, Asia Pacific, and South America have been studied by Zion Market Research. Asia Pacific is predicted to dominate the decorative laminates market, due to the increasing requirement for decorative laminates from non-residential and residential industries. North America is the second-biggest user of decorative laminates all over the world. Moreover, rapid urbanization and rising disposable revenue are powering the requirement for decorative laminates in different applications.

Browse the full “Decorative Laminates Market - by Raw Material (Plastic resins, Overlays, Adhesives, and Wood substrate), by End-Use Sector (Non-Residential, Residential, and Transportation), by Application (Cabinets, Furniture, Flooring, Table top, Counter top, and Wall panels), by Type (Post forming, General Purpose, Special Products, and Backer), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/decorative-laminates-market

The global decorative laminates market is segmented as follows:

By Raw Material:

• Plastic resins
• Overlays
• Adhesives
• Wood substrate

By Type:

• General Purpose
• Postforming
• Special Products
• Backer

By Application:

• Cabinets
• Furniture
• Flooring
• Table top
• Counter top
• Wall panels

By End-Use Sector:

• Residential
• Non-residential
• Transportation

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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