The global Thermally Fused Laminates (TFL) market was valued at 110.76 Million USD in 2021 and will grow with a CAGR of 4.16% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 2017, furniture application held 47.5% of the consumption market share.

By Market Verdors:

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

By Types:

Woodgrain

Marble

Solid Color

By Applications:

Furniture

Interior Decoration

Store Fixtures

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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