US Decorative Laminates Market 2018: Residential Construction Drives the Growth, Says a New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) July 31, 2014 -- Decorative Laminates Market in the US 2014-2018 report says one of the major inclinations emerging in the market is the changes in lifestyle and preferences. The market is witnessing increased adoption of high-quality laminates among end-users for home decor.
Analysts forecast the Decorative Laminates market in US will grow at a CAGR of 4.24 percent in terms of volume and 5.37 percent in terms of value during the period 2013-2018. According to the report, increasing demand for low-pressure laminates is propelling the growth of the market. The low cost of these laminates is the major reason for their demand. In addition, the introduction of improved laminates with enhanced features is contributing to the growth of the market.
Decorative laminates are used to laminate surfaces to protect them from wear and tear, scratching, naked flames, and fire risk. They enhance the lifespan of surfaces and give them an attractive finish. There are three types of decorative laminates: low-pressure laminates, high-pressure laminates, and edgebanding. Low-pressure laminates are low-cost, whereas high-pressure laminates are high-priced and more durable. Edgebanding is used to smooth the exposed edges of surfaces such as MDF and plywood.
The report covers the present scenario and the growth prospects of the Decorative Laminates market in the US for the period 2014-2018. To calculate the market size, the report takes into account the demand of the following product segments in terms of square feet: Low-Pressure Laminates (low-basis weight paper, saturated paper, vinyl films, and decorative foils), High-Pressure Laminates, and Edgebanding.
The report also classifies the market based on the use of decorative laminates in following application segments: Cabinets, Furniture, Store Fixtures, Flooring, Countertops, and Wall Panels.
Decorative Laminates Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Decorative Laminates market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The report recognizes the following companies as the key players in the Decorative Laminates Market in the US: Arclin Inc., Formica Corp., Panolam Industries International Inc. and Wilsonart LLC.
Other prominent vendors in this market are: Armstrong World Industries, BauschLinnemann North America, Berkshire Hathaway, Celulosa Arauco y Constitución, Chiyoda America, Columbia Forest Products, Dai Nippon Printing, Fiberesin Industries, Financiera Maderera, Funder America, Interprint, KapStone Charleston Kraft, Koch Industries, Lamigraf, Lamin-Art, LG Hausys, Mannington Mills, Masisa, Mohawk Industries, Munksjö, Olon Industries, OMNOVA Solutions, Patrick Industries, Plum Creek Timber, PolyOne, Q.E.P. Co., RENOLIT, Riken Technos, Roseburg Forest Products, Schattdecor, Sekisui Chemical, SierraPine, Stevens Industries, Süddekor, Surface Source International, SURTECO, Tarkett, Technocell Dekor, Timber Products, Toppan Printing, US Coating Co., Woodcraft Industries, Wrede Industrieholding, Zamma.
Further, the report states that increased competition is a major challenge faced by the market vendors because it has negatively affected their profit margins. Intense competition also leads to commoditization, which in turn leads to low profit margins.
Key Market Driver
• Residential Construction Market Boom
Key Market Challenge
• Threat of Substitutes
Key Market Trend
• Changes in Lifestyle and Preferences
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.2.1 By Volume
06.2.2 By Revenue
06.3 Five Forces Analysis
07. Market Segmentation by Product
07.1 Decorative Laminates Market in the US by Product Segmentation
07.2 Low-Pressure Laminates Market in the US
07.2.1 Market Size and Forecast
07.3 High-Pressure Laminates Market in the US
07.3.1 Market Size and Forecast
07.4 Edgebanding Market in the US
07.4.1 Market Size and Forecast
08. Market Segmentation by Application
08.1 Decorative Laminates Market in the US by Application Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key News
16.1.2 Mergers and Acquisitions
16.2 Market Share Analysis 2013
16.3 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Business Overview
17.2 Business Segmentation
17.3 Key Information
17.4 SWOT Analysis
18. Other Reports in this Series
28 Lists of Exhibits
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Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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