Global High Pressure Laminate (HPL) market will reach 10400 million US$ by the end of 2025

Global High Pressure Laminate (HPL) market will reach 10400 million US$ by the end of 2025 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database

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Decorative laminates are laminated products primarily used as furniture surface materials or wall paneling. It can be manufactured as either high- or low-pressure laminate, with the two processes not much different from each other except for the pressure applied in the pressing process.

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High Pressure Laminate (HPL) is composed of resin-impregnated Kraft paper, decorative paper face material and a clear melamine-impregnated overlay. These sheets are bonded at pressures greater than 1000 pounds per square inch and temperatures approaching 300 F (149°C).

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HPL is available in hundreds of solid colors, wood grains and abstracts with multiple finishes to select from as well.

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At present, Asia-Pacific is the largest sales area in the world, which occupied about 56.92% in 2017. The following area is Europe. The global leading players in this market are Fletcher Building, Wilsonart, Panolam Industries, Greenlam, EGGER, ASD, Kronospan, Trespa International, PFLEIDERER, Merino, etc.

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HPL products demand market has a certain space, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share, local enterprises export more low-end products over capacity or molding process basic Materials.

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Although sales of HPL products brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the high pressure laminate field.

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