Global HPL Boards Market Growth 2023-2029

Global HPL Boards Market Growth 2023-2029

Product Code:457314

Published Date: Feb 08,2023

Pages: 118

Region: Global

Category: Chemical & Material

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High Pressure Laminate or HPL, is the direct descendent of the original plastic laminate. It is considered to be one of the most durable decorative surface materials and is available with special performance properties including chemical, fire and wear resistance. Special grades of HPL can be post formed around curved edges by application of heat and restraint.

LPI (LP Information)' newest research report, the “HPL Boards Industry Forecast” looks at past sales and reviews total world HPL Boards sales in 2022, providing a comprehensive analysis by region and market sector of projected HPL Boards sales for 2023 through 2029. With HPL Boards sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HPL Boards industry.

This Insight Report provides a comprehensive analysis of the global HPL Boards landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HPL Boards portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HPL Boards market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HPL Boards and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HPL Boards.

The global HPL Boards market size is projected to grow from US$ 5320.2 million in 2022 to US$ 7121.2 million in 2029; it is expected to grow at a CAGR of 7121.2 from 2023 to 2029.

Global HPL Boards key players include Formica, Wilsonart International, EGGER, Trespa International, SWISS KRONO etc. Global top five manufacturers hold a share over 40%. 
Asia-Pacific is the largest market, with a share over 30%, followed by Europe and North America, both have a share over 50% percent. 
In terms of product, 6 - 12mm is the largest segment, with a share over 25%. And in terms of application, the largest application is Facades followed by Interior Decoration.

This report presents a comprehensive overview, market shares, and growth opportunities of HPL Boards market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    <6mm
    6 - 12mm
    12 - 14mm
    14 - 16mm
    ≥16mm

Segmentation by application
    Facades
    Table Tops
    Interior Decoration
    Furniture
    Kitchen Cabinets
    Laboratory Counter Top
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Formica
    Wilsonart International
    EGGER
    Trespa International
    SWISS KRONO
    Fletcher Building
    Pfleiderer
    Kronospan
    Panolam Industries
    Abet Laminati
    Arpa Industriale
    Sonae Indústria
    OMNOVA Solutions
    BerryAlloc
    ATI Laminates
    ASD Laminat
    Zhenghang Decorative Materials

Key Questions Addressed in this Report
What is the 10-year outlook for the global HPL Boards market?
What factors are driving HPL Boards market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HPL Boards market opportunities vary by end market size?
How does HPL Boards break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?