Laminated Plastics Manufacturing in the US - Industry Market Research Report

Laminated Plastics Manufacturing in the US - Industry Market Research Report

Laminated Plastics Manufacturing in the US

The Laminated Plastics Manufacturing industry has expanded over the five years to 2019. Over the past five years, improving economic conditions have fueled construction growth, driving demand for industry products. Rising construction activity has increased demand from a variety of downstream consumer goods markets that use industry products as inputs. Rising housing starts and increasing commercial and institutional construction boosted demand for high-pressure decorative laminated plastics commonly used in kitchen, bathroom and office furniture. At the same time, increasing consumer spending caused consumer goods manufacturers, such as electronic and appliance producers, to increase production and orders of laminated plastics. Over the five years to 2024, the industry is projected to experience higher demand from the transportation and construction sectors. Demand from transportation equipment manufacturing is expected to increase at a slightly slower pace compared with the previous period, indicating modest future revenue growth for laminated plastics manufacturers. Resin prices are expected to remain stable and keep industry purchase costs level.

Companies in 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.

MAJOR COMPANIES

Spartech LLC