The decorative laminates market will advance 2.5% annually through 2020, reaching 11.6 billion square feet. Decorative laminates will remain a popular surfacing material of engineered wood products such as cabinets and countertops through the forecast period. The manufacture of these laminate surfaced products will benefit from increased domestic demand, driven by increases in building construction expenditures and remodeling activity.
This report provides data on the US decorative laminates industry. The industry is segmented by Product and Market, with demand provided in square feet and dollars. Data on raw materials used to produce decorative laminates is also provided.
Low-basis weight papers and saturated papers together accounted for over half of all decorative laminates demand in 2015.
Major decorative laminate markets include:
Other (e.g., ceilings, dressing room and bathroom partitions, and lockers)
Cabinets, furniture, and store fixtures together accounted for nearly 70% of total decorative laminates demand in 2015. Cabinets will contribute the most growth through 2020, buoyed by an increase in new home construction.
The decorative laminates industry ranges from small, privately held firms to large, multinational companies, with concentration levels varying by product. Participants include Arclin, Berkshire Hathaway, Fletcher Building, Lamin-Art, Mohawk Industries, Olon Industries, OMNOVA Solutions, Panolam Industries International, RENOLIT, and Wilsonart International.