Global Edge Banding Materials Market, By Material (Plastic Wood, Metal, Others), End Use (Residential, Commercial, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Edge Banding Materials Market
The edge banding materials market is expected to witness market growth at a rate of 10.2% in the forecast period of 2021 to 2028 and expected to reach USD 128.30 million in the forecast period of 2021 to 2028. Data Bridge Market Research report on edge banding materials market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of construction industry globally is escalating the growth of edge banding materials market.
Edge banding also called edgebanding refers to both a process and an associated narrow strip of material utilized to create durable and aesthetically pleasing trim edges during finish carpentry. It can be produced of different materials such as melamine, ABS, acrylic, wood, PVC or wood veneer.
The rise in the adoption of edge banding materials because of advent of cutting-edge industry-grade hot-melt adhesive with the heat applicators acts as one of the major factors driving the growth of edge banding materials market. The growth of housing industry across the globe especially in developing countries consisting of contractors, builders and other entities affiliated to the government and rise in demand for sustainable and user-friendly edge banding materials accelerate the edge banding materials market growth. The rise in the popularity of PVC owning to the choice of different color schemes, customization, impermeability and ease of use on curved surfaces and the higher durability of PVC edge bands in comparison with wood edge bands further influence the edge banding materials market. Additionally, increase in demand for variants of plastic edge band materials such as acrylic and ABS, increasing disposable income of middle class population, expansion of construction and housing sectors, rise in the number of construction projects and advancements in the interior design sphere positively affect the edge banding materials market. Furthermore, product diversification and innovative product diversification and extend profitable opportunities to the edge banding materials market players in the forecast period of 2021 to 2028.
On the other hand, the implementation of stringent regulations and fluctuations in the raw material prices are the factors expected to obstruct the edge banding materials market growth. The delays in the completion of several projects due to shortage of labor, economic uncertainty, and barriers across the supply chain due to the COVID-19 outbreak is expected to challenge the edge banding materials market in the forecast period of 2021-2028.
This edge banding materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on edge banding materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Edge Banding Materials Market Scope and Market Size
The edge banding materials market is segmented on the basis of material and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the edge banding materials market is segmented into plastic wood, metal and others. The plastic is further segmented into PVC, ABS, acrylic and others.
- On the basis of end use, the edge banding materials market is segmented into residential, commercial and others.
Global Edge Banding Materials Market Country Level Analysis
The edge banding materials market is analyzed and market size, volume information is provided by country, material and end use as referenced above.
The countries covered in the global edge banding materials market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the edge banding materials market due to the growth in the residential construction sector in developing countries such as India, presence of advanced technologies and automated procedures and high usage in furniture panels within the region.
The country section of the edge banding materials market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Edge Banding Materials Market Share Analysis
The edge banding materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to edge banding materials market.
The major players covered in the edge banding materials market report are Vaibhav Industries, VEENA POLYMERS, Squareone Decor, Paramount Composites India, E3 Panels, GDECOR INDUSTRIES PVT LTD, Altendorf Group, Kamco Limited UK, David Clouting, Doellken, EdgeCo Incorporated, REHAU, UltraTech Cement Ltd, The Collins Companies, ASIS International, Hewlett Packard Enterprise Development LP, Edging Master Manufacturing Sdn. Bhd., Pegasus, FIBRO, Teknaform, PDRC Digital Solutions Inc., PROADEC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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