Global High Pressure Laminate (HPL) Industry Analysis and Trends Forecast to 2025

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.

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).

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

High Pressure Laminates manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are Wilsonart, Panolam Industries, Kronospan, EGGER and ASD, accounting for 50.01 percent revenue market share in 2017.

For price trend analysis, a key variable in the performance of High Pressure Laminates producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

The market scale will keeps increasing in the next few years. Although sales of High Pressure Laminates brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the High Pressure Laminates field.

The global High Pressure Laminate (HPL) market is valued at 8080 million US$ in 2018 is expected to reach 10400 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2019-2025.

This report focuses on High Pressure Laminate (HPL) volume and value at global level, regional level and company level. From a global perspective, this report represents overall High Pressure Laminate (HPL) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Wilsonart

Panolam Industries

Kronospan

EGGER

ASD

Arpa Industriale

Sonae Indústria

OMNOVA Solutions

Abet Laminati

Fletcher Building

PFLEIDERER

Trespa International

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Horizontal

Vertical

Segment by Application

Commercially

Residences

Other

Internet of Things (IoT) refers to connecting a device to the Internet and to other connected devices

The Internet of Things (IoT) refers to connecting a device to the Internet and to other connected devices. The IoT is a network that connects things and people which collects and shares data about the way they are used and about the environment around them. This technology connects the data using embedded sensors, processors and communication hardware. These devices, often called as smart devices which can sometimes talk to other related devices, a process called machine-to-machine (M2M) communication, and act on the information they get from one another.  Industrial Internet of things has applications in various industries such as automotive, energy, healthcare, transportation, smart manufacturing, retail and medical sector. Through the IoT, the power grid’s devices can share information in real time to distribute and better manage energy more efficiently. The IoT is transforming healthcare through clinical wearables and sophisticated surgical equipment. The Industrial IoT can provide real time access to supply chain information by tracking materials, equipment, and products as they move through the supply chain process.

Vital wheat gluten market market is expected to register a healthy growth rate in the next few years

The increasing use of vital wheat gluten in several products has helped the global vital wheat gluten market significantly in the next few years. The increasing awareness among people related to the health benefits of making use of vital wheat gluten is projected to enhance the growth of the overall market in the coming few years. Thanks to this, the market is expected to register a healthy growth rate in the next few years. The changing eating habits of consumers and the increasing inclination towards healthy foods are considered as some of the key factors that are projected to encourage the growth of the global vital wheat gluten market in the next few years. The rising disposable income of consumers and the rising use of vital wheat gluten in various products are further predicted to accelerate the growth of the global vital wheat gluten market in the coming years. 

The global ophthalmology devices market is forecast to exhibit a CAGR of 5.11% CAGR between 2015 and 2025

As elderly population are more prone to develop eye-related disorders, they are considered the target customers for ophthalmology device manufacturers. In the next few years, the global ophthalmology devices segment is expected to witness robust growth in the medical device segment. The market is also expected to gain from the launch of new devices by the newer market players. Despite witnessing an overall positive growth, the high cost of these devices is projected to emerge as the key restraint. Nevertheless, the rapid pace of the increase in the aging population, the rising focus on healthcare, and technological advancements in ophthalmology devices will continue propelling the market’s growth in the forthcoming years.  Spurred by the aforementioned factors, the global ophthalmology devices market is forecast to exhibit a CAGR of 5.11% CAGR between 2015 and 2025. At this pace, the market is projected to reach $28 Billion by the end of 2025 from a valuation of US$15.40 Billion in 2015.