Compact High Pressure Laminate Market: Factors Benefitting Emergence of New Entrants (2023)

The report on the Global Compact High Pressure Laminate Market Insights, Forecast to 2029 is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It sheds light on key production, revenue, and consumption trends so that players could improve their sales and growth in the global Compact High Pressure Laminate market. It offers detailed analysis of the competition and leading companies of the global Compact High Pressure Laminate market. Here, it concentrates on the recent developments, sales, market value, production, gross margin, and other important factors of the business of top players operating in the global Compact High Pressure Laminate market.

Compact laminate is a high-pressure, robust composite material that is stronger and more intelligent than any acrylic, plastic or stone surface material.
The global Compact High Pressure Laminate market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Compact High Pressure Laminate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The China market for Compact High Pressure Laminate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The Europe market for Compact High Pressure Laminate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global key manufacturers of Compact High Pressure Laminate include Fletcher Building, Wilsonart, Greenlam, Merino, Royal Crown Laminates, Changzhou Zhenghang Decorative Materials, Stylam, OMNOVA Solutions and ASD, etc. In 2022, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Compact High Pressure Laminate production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Compact High Pressure Laminate by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for Compact High Pressure Laminate, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 – 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Compact High Pressure Laminate, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Compact High Pressure Laminate, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Compact High Pressure Laminate sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Compact High Pressure Laminate market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Compact High Pressure Laminate sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Fletcher Building, Wilsonart, Greenlam, Merino, Royal Crown Laminates, Changzhou Zhenghang Decorative Materials, Stylam, OMNOVA Solutions and ASD, etc.
By Company
Fletcher Building
Wilsonart
Greenlam
Merino
Royal Crown Laminates
Changzhou Zhenghang Decorative Materials
Stylam
OMNOVA Solutions
ASD
Kronospan
Abet Laminati
Aogao
EGGER
Pfleiderer
Formica
Arpa Industries
Duncan Reeds
Segment by Type
Thickness Below 4 mm
Thickness 4-8 mm
Thickness Above 8 mm
Segment by Application
Residential
Commercial
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Middle East, Africa, Latin America
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Compact High Pressure Laminate production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Compact High Pressure Laminate in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 4: Detailed analysis of Compact High Pressure Laminate manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by type, by application and by country, sales and revenue for each segment.
Chapter 8: Europe by type, by application and by country, sales and revenue for each segment.
Chapter 9: China by type and by application sales and revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, sales and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by type, by application and by country, sales and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Compact High Pressure Laminate sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.

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With deep quantitative and qualitative analysis, the report provides encyclopedic and accurate research study on important aspects of the global Compact High Pressure Laminate market. It brings to light key factors affecting the growth of different segments and regions in the global Compact High Pressure Laminate market. It also offers SWOT, Porter’s Five Forces, and PESTLE analysis to thoroughly examine the global Compact High Pressure Laminate market. It gives a detailed study on manufacturing cost, upstream and downstream buyers, distributors, marketing strategy, and marketing channel development trends of the global Compact High Pressure Laminate market. Furthermore, it provides strategic advices and recommendations for players to ensure success in the global Compact High Pressure Laminate market.

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Related

FAQs

Why choose HPL? ›

HPL are practically maintenance-free and are easier to clean than many other alternatives. They are also resistant to staining. Just dust them once or twice a week or clean them with water & a mild cleaning agent. Use microfiber cloth for a seamless experience.

What is the difference between melamine and HPL? ›

Melamine is a low-pressure overlay – HPL is a high-pressure cover. This implies in spite of the fact that there might be a visual likeness, the assembling cycle is extraordinary. At some point called direct weight overlay, melamine is produced under a tension of up to 500 psi.

What is the history of high pressure laminate? ›

The history of HPL dates back to 1896 when Belgian-American chemist Leo Hendrik Baekeland became the first to experiment with making laminate sheets. Originally, cotton textile and glass fiber was mixed with resin. This created thick panels of a kind of electro-insulating material.

What is the difference between high pressure laminate and compact laminate? ›

HPL contains a paper core, which provides a high level of impact resistance and thus can be used in high traffic areas. Compact laminates are a class of HPL, and as such are made in the same way. The key difference being that Compact laminates have a thickness greater than 2mm, compared with 0.7mm for HPL.

What is compact high pressure laminate? ›

WHAT IS COMPACT? High Pressure Laminate (HPL) Compact is a versatile and sturdy laminate board which serves as a base product for a variety of MERINO furniture solutions like Restrooms, Lockers, Urinal Modesty Panels (UMPs), Internal & External Wall Cladding etc.

What are the advantages and disadvantages of HPL panels? ›

They are affordable and require minimal upkeep to maintain their functional and aesthetic properties. HPL cladding is also very versatile and can be used across both residential and commercial applications alike. The major drawback of HPL cladding is the VOC emissions.

Is HPL environmentally friendly? ›

HPL is environmentally neutral.

Is HPL sustainable material? ›

HPL has a number of distinct design and performance characteristics that make it appealing not only for design, construction, and long-term use but also sustainability.

What type of laminates are best? ›

Matte-finish laminates are one of the most preferred laminate finishes that are used for the kitchen and other carpentry works. These laminates have a moderate reflective surface, and good resistance to scratches and dust, which makes matte finish laminates easy to clean and maintain.

Is high pressure laminate waterproof? ›

The resulting laminate is strong, durable and water resistant. A versatile product, HPL offers superior resistance against impact, abrasion and general surface wear. As its surface is impervious to water, it's ideal for use in a range of applications and particularly so, in washroom environments.

What are the characteristics of high pressure laminate? ›

CHARACTERISTICS
  • Impact resistant. Is able to withstand impacts with blunt objects without damage.
  • Scratch, wear and tear resistant. Its density makes it resistant to scratches and wear.
  • Light fastness. ...
  • Easy to clean. ...
  • Heat resistant. ...
  • Hygienic. ...
  • Suitable for contact with food.

Where is high pressure laminate used? ›

High pressure laminate is considered one of the most durable decorative surface materials. It performs well in both horizontal and vertical applications, appearing in furniture, cabinetry, flooring and wall treatments.

Who invented HPL? ›

HPL has been developed by Professor Deborah Eyre. Based on a lifetime's research and practice in education for advanced cognitive performance, it identifies attributes, values and practices that can be developed in schools to enable more students to achieve highly.

What is the disadvantage of compact laminate? ›

Compact Laminate Disadvantages :
  • Limited in edging options due to its layered construction.
  • Chips will be noticeable and more difficult to conceal compared to stone.
  • Even the stone patterns will not quite look like a natural material.
  • It can be scratched.

Is compact laminate more expensive than laminate? ›

Compact laminate worktops tend to cost more than laminate worktops but their benefits and durability weigh out the extra cost. They're also a lower cost option than solid surface worktops and can replicate the look of natural materials.

Is compact laminate any good? ›

Compact laminate worktops are more durable than standard laminate. Instead of having an MDF base, they are made of layers of kraft paper, each impregnated with resin. Their strength comes from the layering process, and the result is a waterproof material that is also heat and stain-resistant.

What is HPL compact made from? ›

Compact HPL (Solid Phenolic) is a hard core, solid core, made from many layers of kraft paper after dipping phenolic glue, which is compressed at temperatures up to 150 degrees Celsius and pressure 1430psi. The core layer consists of layers of kraft paper pressed between two surface layers and the bottom layer.

What is the thickness of compact HPL? ›

5. Compact HPL panels. Compact HPL panels usually have a thickness of 1.6mm to 25mm.

What is compact laminate used for? ›

Compact laminate is a strong, water-resistant man-made material that can be used for a variety of residential and commercial applications from interior wall panelling to outdoor furniture.

Which is better HPL or ACP? ›

When it comes to lifespan, HPL wins. It ensures a longer lifespan of more than 10-20 years. Majority of companies provide 10 or more years of warranty with their HPL sheets. Aluminium composite panels are less durable and they have a shorter lifespan (compared to HPL sheets).

What is the life span of HPL? ›

HPL cladding panels typically have a 5 to 15 year lifespan. Durability and long lifespan make HPL cladding a perfect choice for various uses and applications in office spaces.

What are the advantages and disadvantages of laminate? ›

The Pros and Cons of Laminate Flooring
ProsCons
DIY friendly & easy to installProne to water damage
Durable: Scratch Resistant Stain Resistant Moisture Resistant Fade Resistant Burn ResistantWarping Can Occur If installed improperly If exposed to excessive moisture If not acclimated properly
6 more rows

What is a sustainable alternative to laminate? ›

Cellogreen is the star eco-print laminate. It's made predominantly from cellulose, which is a type of organic plant material that's biodegradable. It provides the same aesthetic appearance as traditional lamination but can be recycled in a normal re-pulping system that paper goes through.

What is an eco-friendly alternative to laminating? ›

Some of these suggestions still involve plastic, but they are reusable options instead of one-time use like laminating is.
  • Print on thicker paper or cardstock. ...
  • Reusable plastic pockets. ...
  • Display folder to store games. ...
  • Use a clear clipboard as a dry erase board.
  • Paper only versions to display on your walls.
Apr 29, 2021

What is the disadvantage of HPL? ›

Disadvantages of HPL surfaces include:

They cannot handle extreme heat. They have a low resistance to bacteria, chemicals, corrosive, fungal, water, moisture, and scratches.

Which company HPL is best? ›

Alstone holds the unparalleled position of being an industry leader as it has introduced India's first metal based HPL.

Is HPL UV resistant? ›

HPL or high-pressure laminate is a very sturdy material which consists of different layers which are pressed together under a high temperature. As a result, the material is very durable and UV-resistant.

Is high pressure laminate good? ›

High pressure laminate is considered one of the most durable decorative surface materials. It performs well in both horizontal and vertical applications, appearing in furniture, cabinetry, flooring and wall treatments.

Is high pressure laminate better than PVC laminate? ›

HPL sheets made with proper pressure and heat so laminate sheet becomes very strong in nature. HPL sheets maintain their quality standards and give you long time guarantee rather than PVC laminates. So, it is better to choose HPL sheets over PVC laminates.

What are the disadvantages of low pressure laminate? ›

LPL or low pressure laminate is the same paper or pictures that is just not applied to a plastic backing. The lack of plastic backing in this application makes the material a More susceptible to damage by water or scratching.

What are the advantages and disadvantages of HPL sheet? ›

They are affordable and require minimal upkeep to maintain their functional and aesthetic properties. HPL cladding is also very versatile and can be used across both residential and commercial applications alike. The major drawback of HPL cladding is the VOC emissions.

What are the pros and cons of laminate? ›

The Pros and Cons of Laminate Flooring
ProsCons
DIY friendly & easy to installProne to water damage
Durable: Scratch Resistant Stain Resistant Moisture Resistant Fade Resistant Burn ResistantWarping Can Occur If installed improperly If exposed to excessive moisture If not acclimated properly
6 more rows

How much does HPL cost? ›

The current price is $0.0012 per HPL.

Is high pressure laminate eco friendly? ›

The make-up of HPL directly supports its resistance to impacts, scratches, water, moisture, and wear. Overall, HPL is a strong and durable product that performs well in many different situations, meaning it is inherently sustainable over the long term.

What is the difference between HPL and LPL? ›

High-Pressure Laminate

HPL is anti-bacterial and resistant to heat, moisture, and stains. Because of how it is made, HPL is significantly more impact-resistant than LPL. Due to its manufacturing process, low-pressure laminate is less impact-resistant than HPL, making it ideal for lower-traffic offices.

What is the downfall of laminate flooring? ›

Water-damaged planks or tiles must be removed and replaced entirely. Cannot be refinished: Due to its composite construction and wear layer, a laminate floor can never be refinished. Once it has been damaged or worn out, laminate flooring must be replaced.

Is compact laminate durable? ›

Compact laminate is an innovative material that when used for outdoor furniture offers a contemporary, clean and low maintenance finish. Not only is it a stylish material, but it is also an incredibly durable surface that can withstand exposure to the outdoor environment and daily use.

Can you bend high-pressure laminate? ›

Yes! It is important to note that most bending (often called wrapping or postforming) is done professionally by fabricators or postformers. But, with the right tools and a bit of patience, you can learn how to bend your Formica® laminate sheet with or without heat.

Is high pressure laminate expensive? ›

HPL is more expensive than thermofused laminate because it uses more materials. Having said that, HPL is sometimes cheaper than other equivalent treatments, such as wood veneer. As a result, high-pressure laminate is a popular choice for many offices and one of the most popular finish options.

What are the types of high pressure laminate? ›

On the basis of thickness
  • Laminate sheets. Laminate sheets, a popular surface material for cabinets, wall panels, and furniture, may be attached to a variety of substrate materials with strong-strength adhesives. ...
  • Compact laminates. ...
  • Decorative laminates. ...
  • Industrial laminates.

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