Thermally fused laminates which are also known as thermally fused melamine are manufactured by fusing a resin-impregnated sheet of paper to a substrate directly. Manufactured without the use of Kraft paper, these thermally fused laminates and their resulting decorative panels are ready for the purpose of finishing. Thermally fused laminates and decorative panels are used for a variety of applications where there is a major need for both practicality and design. Thermally fused laminates and panels are majorly used in office furniture, kitchen and bath cabinets, medicals and hospital case goods, store displays, closet storage systems, and others. With such a wide range of applicability, the thermally fused laminates are gaining major popularity around the world.
Major Investments Stir Profitability for Providers of Thermally Fused Laminates
As the demand for thermally fused laminates surges, there are several developments witnessed in the market. Companies are expanding their business capabilities to leverage the potential held by the thermally fused laminates landscape. Investments remain a significant strategy for carrying out expansions. The production space of thermally fused laminates market is witnessing key investments. For instance, a recognized manufacturer of composite wood panels, Uniboard has invested nearly $17 million in a new cutting-edge thermally fused laminates production line. Although the new production line would feature similar technology as its previous production line, the new press line would have an increased capacity for the company’s key deep-embossed Embossed-in-Register (EIR) or synchronized textures. This new production line would further boost the company’s offerings of melamine texture.
Innovations Underway: New Products Stimulate the Growth of Thermally Fused Laminates Landscape
There is changing consumer demand experienced in the thermally fused laminates landscape. The companies operating in the thermally fused laminates landscape are constantly working towards offering customers with next-gen products and offering them with greater aesthetic value and extended services.
For example, ARAUCO initiated its 2019-20 collection—Prism Thermally Fused Laminate in a showcase for the design, architecture, and fabricator communities at the 2018 International Woodworking Fair (IWF) in Atlanta. Sixteen new décors and two new textures designed based on the latest market trends were included in the newly debuted collection. The company officials stated that this new and diverse launch is rooted in the local as well as global design trends and augmented by technology. It further reflects its commitment to the North American market. Moreover, the company also expressed the plan of introducing two-sided Taction Oak EIR panels in 2019, which would be provided by its new Michigan-based plant.
Another decorative panel producer, Tafisa Canada, also announced innovations for the North American market in response to the demand for fast and easy access to an assortment of high-quality decorative surfaces.
Elastic Laminates Production Landscape Speculates Major Developments over Time
Similar to thermally fused laminates, other laminates are also gaining major applicability. The elastic laminates are amongst these other types that are gaining immense popularity amongst manufacturers of personal hygiene products, female care products, medical products, and others. The elastic laminates landscape is, therefore, witnessing crucial developments in order to boost the availability of elastic laminates and address the elevating demand for elastic laminates.
Manufacturing Expansions Boost Product Availability
The companies providing elastic laminates are continually taking efforts to gain a greater share of the market by increasing their market presence. By bolstering their production capabilities, providers of elastic laminates are effectively contributing to said goals. For instance, a recognized elastic laminates market contributor, Berry Global Group, Inc. extended its business in the North American market, where the investment would meet the projected market growth and fulfill the future customer requirements.
Apart from this, the increasing penetration of breathable fabrics in various sectors is expected to remain a growth driver. The introduction of new nonwoven breathable fabrics is expected to contribute to the increasing opportunities for the elastic laminates market players. For instance, a manufacturer of lightweight nonwoven fabric solutions, Avgol, launched the new range of breathable fabrics that are tailored to deliver performance based on the needs of various markets including medical, hygiene, and industrial applications.
The elastic laminates market is expected to register significant growth owing to the robust adoption of elastic laminates, especially by personal hygiene product manufacturers.
