Thermoplastic Edge Band Market Emerging at a CAGR of 2.8% and forecast 2023-2030
- marco henry
- Sep 14, 2023
- 1 min read
Thermoplastic Edge Band Market Overview:
The Thermoplastic Edge Band Market is currently experiencing robust growth, driven by the increasing demand for furniture and interior design solutions across various industries. The market's growth can be attributed to the exceptional durability, aesthetic appeal, and cost-effectiveness of thermoplastic edge banding. Thermoplastic Edge Band Market was USD 2,804.50 Million in 2022. It is projected to reach USD 3,484.21 Million by 2030, indicating a CAGR of 2.8% during the forecast period.
Thermoplastic edge banding is a process in which a thin, flexible strip of thermoplastic material is applied to the exposed edges of furniture components. This process not only enhances the aesthetics of the furniture but also provides functional benefits such as protection against moisture and impact.
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Key Players in the Thermoplastic Edge Band Market
Roma Plastik
Teknaform
REHAU Group EGGER
Wilsonart
Surteco
MKT
Proadec
Dongguan Huali
Sinowolf Plastic
Market Segmentation:
By Material
ABS Edgebands
PVC Edgebands
PP Edgebands
PMMA Edgebands
Others
By Structure
Rigid
Flexible
By End Users
Residential
Commercial
Others
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Regional Analysis:
Asia-Pacific is a prominent player in the Thermoplastic Edge Band Market. The region is characterized by a booming furniture manufacturing sector, particularly in countries like China and India. North America and Europe also hold substantial market shares, driven by the demand for premium quality furniture. Latin America and the Middle East & Africa are emerging markets with untapped potential, presenting opportunities for market expansion.
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