Global High Pressure Laminate (HPL) market is expected to reach 14900 million USD by the end of 2025

This report studies the global High Pressure Laminate (HPL) industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

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.

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At present, the manufacturers of High Pressure Laminate (HPL) are concentrated in North America, Europe and Asia Pacific. China is the largest production area in the world, which occupied about 32.55% in 2016. The following area is Europe. The global leading players in this market are Fletcher Building, Wilsonart, Greenlam, EGGER, ATI Laminates, ASD, Kronospan, Trespa International, PFLEIDERER, Merino, etc.

HPL products demand market has a certain space, but basically showing the scarcity of high-end products, low-end products, excess capacity, there is a large market demand for high-end products to seize market share, local enterprises export more low-end products over capacity or molding process basic Materials.

Although sales of HPL products brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the high pressure laminate field.

The global High Pressure Laminate (HPL) market is valued at 12300 million USD in 2017 and is expected to reach 14900 million USD by the end of 2025, growing at a CAGR of 2.5% between 2018 and 2025.

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