According to the report published by Zion Market Research, the global Paper Based Laminates Market size was valued at USD 572.4 Million in 2023 and is predicted to reach USD 839.88 Million by the end of 2032. The market is expected to grow with a CAGR of 3.9% during the forecast period. The report analyzes the global Paper laminate Laminates Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Paper Based Laminates market.
Paper based laminates are made by stacking many layers of paper together and sticking them with the help of resins. They are bonded with the help of heat and pressure so that a thermoset composite is obtained. Paper based laminates provide low moisture absorption, easy machining with a good finish, excellent electric insulating property, high insulation resistance, and better mechanical strength. The paper based laminates are functional, sustainable, and suitable for the surfacing options that have light duty applications.
The global market for paper-based laminates is fragmented into its application, grade, finish, end users, pressure, and the paper type.
Based on the application, the market is segregated into commercial application and domestic application.
The further segmentation of the commercial application includes electrical, electronic components, automotive, electric switchgear, lighting, LV transformers, MV transformers, and general engineering. The domestic application is sub-segregated into doors and cabinets, kitchen cabinet, wall panel, counter top, partition, and table top.
Based on the grade, the market is categorized into B5, B4PQ, B4, and B1. Based on the finish, the market is divided into gloss, satin, and matte.
Based on the end user, the market is bifurcated into commercial industry, automotive industry, manufacturing industry, infrastructure, hospitality industry, retail, and healthcare industry.
Based on the pressure, the market is segmented into high-pressure laminates and low-pressure laminates.
Based on the paper type, the market is fragmented into absorbent kraft, decor paper, laminating kraft, and overlay.
The key factors that are boosting the paper based laminates market are the developing construction industry, in which since the last few years, the paper is being highly preferred for the wood-based materials surface upgrading. Paper-based laminates are highly preferred in cases where increased electrical stability is required in the varying climatic conditions and in the case of higher voltage resistance. There are certain factors that limit the growth of the paper based laminates market, including the strength factor which is less in the case of paper based laminates thus they are not used in applications where the properties such as high stress carrying capability, high toughness, and high bearing property are required.
Report Attributes | Report Details |
---|---|
Report Name | Paper Based Laminates Market |
Market Size in 2023 | USD 572.4 Million |
Market Forecast in 2032 | USD 839.88 Million |
Growth Rate | CAGR of 3.9% |
Number of Pages | 211 |
Key Companies Covered | Attwater & Sons Ltd., Bakelite Hylam Limited, Guangzhou Remica Building Materials Ltd., Sigma Laminates, Kevin Polymers Pvt. Ltd., Custom Composites Ltd., Impreglam Electronics Limited, Eagle Insulation, Greycon, and Kblaminates |
Segments Covered | By application, By grade, By finish, By end users, By pressure, By paper Type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
According to the regional study, the global market for paper-based laminates is diversified into Eastern Europe, North America, Western Europe, Asia Pacific, the Middle East and Africa, and Latin America. The regions that are the major consumers of the paper-based laminates market are Western Europe and North America. The market in the Asia-Pacific region is growing at a very fast pace, which is owing to the fact that the infrastructure sector is developing rapidly in this region. The market in other regions, such as Latin America and Eastern Europe, is growing significantly.
The key market players that are involved in the paper based laminates market include
By Application
By Grade
By finish
By End User
By Pressure
By Paper type
These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in [Keyword] business includes. [Company list]
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The report come up with a segment of the [Keyword] market based on Type, Region, and Application, Also offer a determined view on the [Keyword] market.
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Paper Based Laminates
Paper Based Laminates
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