What is HPL Exterior Boards Market?
HPL exterior boards are high-pressure laminated boards that are mainly used for facades, wall claddings, and roofs. Increasing demand for sustainable, durable, and low-maintenance buildings is expected to boost the growth. The high growth of the construction sector due to urbanization and infrastructural developments in developing countries is likely to create noteworthy opportunities for the HPL exterior boards market. However, manufacturers are increasingly focusing on the development of innovative products to meet the demand of consumers and remain competitive in the market.
Highlights from HPL Exterior Boards Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | HPL Decor Private Limited (India), ReynoArch (India), FunderMax Holding AG (Austria), Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd. (China), Stylam (India), ECO Cladding (United States), Trespa International B.V. (Netherlands), Formica Corporation (United States), Panolam Industries (United States), Sonae Arauco (Portugal), G&P (Xinfeng) Decorative Laminate Co.,Ltd (China), Abet Laminati SpA (Italy), LAMEX d.o.o. (Serbia), Kronospan (Austria) and Arpa Industriale S.p.A. (Italy) |
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market. Research Analyst at AMA predicts that European Manufacturers will contribute to the maximum growth of Global HPL Exterior Boards market throughout the forecasted period.
HPL Decor Private Limited (India), ReynoArch (India), FunderMax Holding AG (Austria), Changzhou Zhongtian Fireproof Decorative Sheets Co., Ltd. (China), Stylam (India), ECO Cladding (United States), Trespa International B.V. (Netherlands), Formica Corporation (United States), Panolam Industries (United States), Sonae Arauco (Portugal), G&P (Xinfeng) Decorative Laminate Co.,Ltd (China), Abet Laminati SpA (Italy), LAMEX d.o.o. (Serbia), Kronospan (Austria) and Arpa Industriale S.p.A. (Italy) are some of the key players profiled in the study. HPL Exterior Boards Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Outdoor Furniture, Facades, Wall Claddings, Balconies, Flooring & Roofs, Shelter and Others |
Thickness | Up to 2 MM,2.1 – 4 MM,4.1 – 6 MM,6.1 – 8 MM,8.1 – 10 MM,Above 10 MM |
Surface Finish | Glossy,Matte |
End User | Residential,Commercial {Corporate Offices, Malls, Hospitals, Schools, Warehouses, Hotels, Sports and Camping Facilities, Others} |
On the basis of geography, the market of HPL Exterior Boards has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Waterproof and Weatherproof HPL Boards for Exterior Applications and Focus on the Development of Innovative HPL Exterior Boards With Improved Properties Such as Self-Cleaning
Market Growth Drivers:
Increasing Demand for Durable and Low-Maintenance Exterior Building Materials and Rapidly Growing Urbanization and Growth of Construction Activities Across the Globe
Challenges:
Easy Availability of Other Exterior Building Materials in the Global Market
Restraints:
Volatility in Raw Material Pricing and High-Cost Associated with HPL Building Materials
Opportunities:
Increasing Initiatives by Governments of Many Countries to Promote Sustainable Building Materials and Demand for HPL Boards in Emerging Economies Such as China and India
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, HPL Exterior Board Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others