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Laminated Plastics Manufacturing in the US - Industry Market Research Report

  • April 2017
  • 35 pages
  • Ibisworld
Report ID: 286464

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resin-ating growth: Increased demand from construction sector will boost industry revenue

Laminated Plastics Manufacturing in the US

The Laminated Plastics Manufacturing industry steadily expanded in the five years to 2016, with revenue expected to increase. Starting in 2010, rising housing starts and commercial construction lead to a boost in demand for high-pressure decorative laminated plastics commonly used in kitchen, bathroom and office furniture. At the same time, increasing consumer confidence and spending, caused consumer goods manufacturers, such as electronic and appliance producers, to increase production and orders of laminated plastics. A marginal anticipated increase in resin prices will continue to raise purchasing costs, but healthy demand from downstream customers as a result of increased consumer spending should offset future input price increases.

Companies within this industry manufacture a range of laminated plastic shapes, plates and sheets. The lamination process generally involves bonding or impregnating profiles with plastics resins and compressing them under heat. Laminated plastic products are used for interior and exterior motor vehicle parts, consumer appliances and construction projects.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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