Paper Based Laminates Market with Current Trends Analysis 2017-2027
Paper based laminates are made of layers of paper with resins sticking a layers together, bonded under pressure and heat in order to produce a thermoset composite. Paper based laminates offer excellent electric insulating property, low moisture absorption, high insulation resistance, easy machining to good finish and good mechanical strength. Paper based laminates are sustainable, functional and suitable for surfacing options which are suitable for low-wear, light duty applications. The paper based laminates are available in large assortment of patterns and number of colors. The paper based laminates can be combined paper grades and with several coatings in order to deliver a unique appearance or to deliver a required performance. The paper based laminates have a very good property of electrical insulation and hence are used widely in electrical installations in equipment’s where firm electrical insulations are required.
Global Paper Based Laminates Market: Market Dynamics
The factors boosting the growth of global paper based laminates market is due to growing building & construction industry, since many years paper has become an increasing preference for surface upgrading of wood-based materials. For higher voltage and when greater electrical stability is needed in varying humidity higher grades of paper based laminates are chosen. The factor decreasing the demand for global paper based laminates is due to property of paper based laminates, strength of paper based is not as high as other materials and hence are not preferred in application where high toughness, high bearing property and high stress carrying capability is required.
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Global Paper Based Laminates Market: Market Segmentation
The global paper based laminates market has been classified by end users, application, grade, paper type, pressure type and finish.
On the basis of application, the global paper based laminates market is segmented into:
Commercial Application
Electrical
Lighting
Electronic components
LV transformers
Automotive
MV transformers
Electric switchgear
General engineering
Domestic Application
Cabinets and door
Counter top
Kitchen cabinet
Partition
Wall panel
Table top
On the basis of Grade, the global paper based laminates market is segmented into:
B1
B4
B4PQ
B5
On the basis of finish, the global paper based laminates market is segmented into:
Satin
Gloss
Matte
On the basis of end users, the global paper based laminates market is segmented into:
Building & Construction
Commercial Industry
Hospitality Industry
Automotive Industry
Retail
Manufacturing Industry
Healthcare Industry
On the basis of pressure, the global paper based laminates market is segmented into:
Low pressure laminates
High pressure laminates
On the basis of paper type, the global paper based laminates market is segmented into:
Décor paper
Overlay
Laminating Kraft
Absorbent Kraft
Global Paper Based Laminates Market: Segmentation Overview
Building & construction and commercial industry has higher rate of usage of paper based laminates. The commercial application has more growth due increase in the building & construction industry.
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Global Paper Based Laminates Market: Regional Overview
Based on the geographies, the global paper based laminates market is fragmented into seven key regions- Latin America, North America, Eastern Europe, and Western Europe, Middle East & Africa, Asia-Pacific except Japan and Japan. Among the regions mentioned above, North America and Western Europe are the largest consumer of paper based laminates, APEJ and japan are the fastest growing market for paper based laminates due to the increase in growth of building & construction industry followed by Eastern Europe and Latin America. MEA region has a stagnant growth rate. Overall the growth of global paper based laminates is expected to have a positive growth rate owing to the increase in use of paper based laminates for domestic applications.
Global Paper Based Laminates Market Players
Some of the market players identified in the global paper based laminates market includes:
KEVIN POLYMERS PVT. LTD.
Attwater & Sons Ltd & © Custom Composites Ltd
Eagle Insulation
Impreglam Electronics Limited
Bakelite Hylam Limited
Greycon
Guangzhou Remica Building Materials Co.,Ltd
Kblaminates
Sigma Laminates
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications
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