Thermally Fused Laminates (TFL) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
319915 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Thermally Fused Laminates (TFL) market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Thermally Fused Laminates (TFL) is projected to rise moderately in the projected time frame of 2023-2030.
The TFL is a melamine-saturated décor paper that is thermally fused directly to the substrate such as MDF or particle board. Particleboard and MDF are ideal substrates for TFL because they are consistent, uniform in strength and free of defects.
More than 70% of global melamine consumption is for laminates and wood adhesives production. Laminates are found in products such as furniture, floors, kitchen cabinets and countertops, and walls. Wood adhesives based on melamine are found in a number of wood products including medium-density fiberboard (MDF), particleboard, and plywood. Melaminemodified wood adhesives improve the durability and moisture resistance of the final woodboard.At the same time, most medium-density fiberboards (MDF) are processed into TFL. A small number of MDF are sold directly as raw materials.
Overall economic performance will continue to be the best indicator of future demand for TFL. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.
Continued efforts to reduce formaldehyde emissions are likely to continue in all regions. This has a positive effect on TFL consumption since melamine is a strong formaldehyde-binding agent. So-called \"low-formaldehyde\" boards use more melamine-modified wood adhesives in their manufacture. Increased melamine content results in reduced formaldehyde off-gassing. TFL is mainly used for furniture, interior decoration and store fixtures. In 2020, furniture application held 47.5% of the consumption market share.
Global Thermally Fused Laminates (TFL) market size will increase to 14500 Million US$ by 2030, from 10400 Million US$ in 2020, at a CAGR of 4.2% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Thermally Fused Laminates (TFL).
Objectives of Research:
The overview of the global Thermally Fused Laminates (TFL) market
Report comprised of the market companies, to describe and define and analyze the Thermally Fused Laminates (TFL) market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industria, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, Wilsonart, Dongwha Malaysia , Funder America, Specialty Laminates, Purbanchal Laminates
Market by Order Type
Woodgrain
Marble
Solid Color
Others
Thermally Fused Laminates (TFL) Data by Application
Furniture
Interior Decoration
Store Fixtures
Others
Thermally Fused Laminates (TFL) Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Thermally Fused Laminates (TFL) market comprising definition
Thermally Fused Laminates (TFL) Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Thermally Fused Laminates (TFL) Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Thermally Fused Laminates (TFL) Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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