Laminate Market Size In India

Decorative laminates market size is estimated to surpass 12 billion square meters by 2023 growing at more than 5 5 cagr from 2016 to 2023.

Laminate market size in india. High gst chemicals prices hurt on business standard. These brands are chosen to keep in mind their extensive network of retailers and distributors in the indian market that has an ability. The global decorative laminates market is expected to register 5 30 cagr to reach around usd 91 015 03 million by the end of 2025. Here we are going to tell you about top manufacturing brands in india that provide exclusive and a broad range of decorative veneers and laminates in standard thickness and size.

130 pages report decorative laminates market is projected to grow from usd 6 71 billion to usd 7 97 billion by 2021. Asia pacific is the largest market based on end use sector the non residential sector is estimated to lead based on type the general purpose segment is projected to lead the global decorative laminates market. 153 pages report laminating adhesives market research report categorizes the global market by technology solvent based solventless and water based resin polyurethane and acrylic end use industry packaging industrial and automotive transportation by geography. They are attractive and protect the furniture from scratches wear and tear and fire risk.

The introduction of engineered wood and laminates floors emerging as cost effective alternatives to hardwood flooring is anticipated to fuel the growth. Read more about plywood laminate industry in doldrums. The first thing that a person would think of when buying furniture is laminate. Here we listed top indian manufacturer brands which have exclusive and wide range of decorative laminates and veneers with standard size and thickness.

The best part about these brands to list in top is that they have large network of distributors and retailers in indian market who have ability to deliver your desired laminates at any location. Plywood industry has seen a sharp fall in demand units are working at. Asia pacific decorative laminates market size was the largest and accounted for over 46 of the global revenue in 2015. Decorative laminates are laminated sheets of brown kraft papers and decorative printed papers fused using heat and pressure.

Plywood and laminates industry is in doldrums due to rising prices of phenol and other chemicals due to sharp jump in crude oil price and high gst of 28 per cent on plywood. With growing construction activities and the increasing demand for laminates wood adhesives and paints and coatings in countries such as china india and japan the usage of melamine is increasing in the region. Covid 19 impact on laminating adhesives industry.