The Indian cladding industry is evolving fast and there is a growing preference for premium quality materials for façade applications. Growing adoption of RTA flooring and furniture and cabinets will drive decorative laminates market vendor’s sales through the forecast period. Product innovation and new design, increase in construction activities, and changing lifestyles leading to increase demand for modular kitchens and consumer spending on home interiors will drive this market’s growth over the next five years.
The impact of the key challenges such as high competition from unorganised players, availability of substitutes, and infrequent purchase and high average replacement cycle on the market is analysed in detail. These challenges, if all come true during the forecast period, will have a significant negative influence on the market.
High-pressure laminate (HPL) is a form of decorative laminates in which the layers of Kraft paper impregnated with melamine resin are infused with decorative paper and protective overlay and the resulting laminate is attached to the substrates at high pressures and temperatures. Though the similar process is used to manufacture low-pressure laminates, the difference lies in the range of pressure used.
HPL sheet is the ideal product for exterior cladding applications produced under great pressure and high temperature. Hardened resins provide effective weather Protection to the HPL cladding making it capable of withstanding erosion from natural elements. HPL exterior cladding comes with high UV resistance which makes it ideal for buildings requiring ventilated elevation façade cladding & ventilation louvers.
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