Market Study Report adds Global Thermally Fused Laminates market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
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Over the last few years global thermally fused laminates market has been recorded to depict exceptional growth, with sales increasing from 1018.3 million sq. mt in 2013 to 1224.9 sq. mt in 2017. With an estimated CAGR of 4.23% between 2017 and 2024, the thermally fused laminates market revenue is expected to surpass $13,950 million by 2024 which is a considerable jump from the $10,441 million the industry amassed in 2017.
The TFL is a melamine-saturated decor paper that is thermally fused directly to the substrate such as MDF or particle board. Particleboard and MDF are ideal substrates for TFL because they are consistent, uniform in strength and free of defects.
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Market Segment by Manufacturers, this report covers:
Kronospan M&P Kaindl
TEEHOME
Swiss Krono Group
Roseburg
Arauco
Sonae Industria
DareGlobal Wood
Egger
Panel Processing
Fuxiang
According to expert estimates, laminates and wood adhesives production consume 70% of the world’s melamine. Laminates are widely used in floors, furniture, countertops, kitchen cabinets and walls. In 2017, furniture application accounted for 47.5% consumption market share. Melamine based wood adhesives are used in plywood, particleboard and medium-density fiberboard (MDF). Melamine modification of wood adhesives is popular as it increases the moisture resistance and durability of the final wood board. While a small number of MDF are sold directly as raw materials, most MDFs are processed into thermally fused laminates widening the scope of thermally fused laminates market.
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Economic performance of regions is anticipated to be the best indicator for the future of thermally fused laminates market trends. General economic conditions have been found to greatly influence most downstream markets. Therefore, demand of thermally fused laminates follows the patterns of leading economies. Global Info Research estimates that in 2017, China led the global thermally fused laminates market while Europe was the second-largest thermally fused laminates consumer on a geographical basis.
Market Segment by Type, covers:
Woodgrain
Marble
Solid Color
Others
Market Segment by Applications, can be divided into:
Furniture
Interior Decoration
Store Fixtures
Others
The thermally fused laminates market is a competitive one with companies like Kronospan, M&P, Kaindl, Swiss Krono Group, TEEHOME, Roseburg, Arauco and Sonae Industria being the major industry participants. Kronospan, M&P, Kaindl have been considered a global leader in the thermally fused laminates industry with a sale of 77.4 million sq. mt and a share of 6.32% in the global market. Arauco and Roseburg hold absolute market shares in the U.S. while Sonae Industria, Swiss Krono Group and Kronospan, M&P, Kaindl lead the European thermally fused laminates market. in contrast to the concentrated U.S. and European markets, the Asia Pacific market is extremely fragmented with Fuxiang, TEEHOME and AICA Kogyo being well-known brands. Investors expect the thermally fused laminates market to register a faster growth rate in developing countries in the future.
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Table of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Thermally Fused Laminates Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Thermally Fused Laminates Market Analysis by Regions
5 North America Thermally Fused Laminates by Countries
6 Europe Thermally Fused Laminates by Countries
7 Asia-Pacific Thermally Fused Laminates by Countries
8 South America Thermally Fused Laminates by Countries
9 Middle East and Africa Thermally Fused Laminates by Countries
10 Global Thermally Fused Laminates Market Segment by Type
11 Global Thermally Fused Laminates Market Segment by Application
12 Thermally Fused Laminates Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
Related Reports: –
2018-2023 Global Thermally Fused Laminates (TFL) Consumption Market Report
Continued efforts to reduce formaldehyde emissions are likely to continue in all regions. This has a positive effect on TFL consumption since melamine is a strong formaldehyde-binding agent. So-called low-formaldehyde? boards use more melamine-modified wood adhesives in their manufacture. Increased melamine content results in reduced formaldehyde off-gassing. TFL is mainly used for furniture, interior decoration and store fixtures. In 2017, furniture application held 47.5% of the consumption market share. Over the next five years, projects that Thermally Fused Laminates (TFL) will register a 4.1% CAGR in terms of revenue, reach US$ 13300 million by 2023, from US$ 10400 million in 2017.
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