PUNE, India, May 3, 2017 /PRNewswire/ --

The report "Decorative Laminates Market by Raw Material, Type (General Purpose, Post forming, Backer, and Special Products), Application, End-Use Sector (Residential, Non-Residential, and Transportation), and Region - Global Forecast Till 2021", published by MarketsandMarkets™, the market is estimated to grow from USD 6.71 Billion in 2016 to USD 7.97 Billion by 2021, at a CAGR of 3.5% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 62 market data Tables and 34 Figures spread through 132 Pages and in-depth TOC on "Decorative Laminates Market"

http://www.marketsandmarkets.com/Market-Reports/decorative-laminates-market-183016464.html
Early buyers will receive 10% customization on this report.

Globally, people are opting for lavish and elegant interiors such as cabinets, wall panels, and floorings, thus increasing the demand for decorative laminates. Increasing disposable income and rapid urbanization further encourages the use of decorative laminates globally.

Request for Sample PDF of the Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=183016464

Asia-Pacific is the largest market for decorative laminates 

Asia-Pacific is estimated to be the largest market for decorative laminates. China is estimated to be the largest market for decorative laminates in the Asia-Pacific region. High population in the region is driving the demand for advanced infrastructure. Hence, developing economies, along with rapidly growing infrastructure is driving the decorative laminates market in the region. The demand for decorative laminates from the residential sector is expected to grow in the Asia-Pacific due to rapid urbanization and increasing disposable income of consumers.

Based on end-use sector, the non-residential sector is estimated to lead the decorative laminates market during the forecast period 

Decorative laminates are used in restaurants, laboratories, educational institutes, office furniture, hospital, hotels, and retail shops. Based on end-use sector, the non-residential sector led the decorative laminates market in 2016 followed by the residential sector. Decorative laminates are used in the non-residential sector, owing to their distinct properties such as durability, high impact strength, cost effectiveness, variety, microbe-resistant, easy to maintain, customizable, easy installation, and lavish elegant looks.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=183016464

Based on type, the general purpose segment is projected to lead the global decorative laminates market 

Based on type, the general purpose segment is expected to lead the Decorative Laminates Market during the forecast period. General purpose decorative laminates are known for their excellent properties such as impact resistance, ease of cleaning, hygiene, scratch resistance, and heat resistance. These stiff, hard, thin, abrasion-resistant, strong materials have durability and excellent aesthetic appeal. Owing to these properties, general purpose decorative laminates are used in applications such as countertops, furniture, tabletops, sink tops, and cabinetry, among others.

Major players in the global decorative laminates market are Fletcher Building Limited (New Zealand), Omnova Solutions Incorporation (U.S.), Greenlam Industries Limited (India), Merino Group (India), Wilsonart International Inc. (U.S.), Abet Laminati S.p.A. (Italy), Archidply Industries Limited (India), FunderMax Gmbh (Europe), Panolam Industries International, Inc. (U.S.), and Stylam Industries Limited (India).

Browse Related Reports: 

Phenolic Resin Market by Type (Resol Resin, Novolac Resin), Application (Wood Adhesives, Molding, Insulation), End-use Industry (Automotive, building & construction, Furniture) - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/phenolic-resin-market-177821389.html

Melamine Formaldehyde Market by Application (Laminates, Adhesive, Molding Powder, Coating), and Geography (North America, Europe, Asia-Pacific, ROW) - Global Forecasts to 2019
hhttp://www.marketsandmarkets.com/Market-Reports/melamine-market-747.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets