Thermoplastic and Thermoset Edgeband Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.7 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The global thermoplastic and thermoset edgeband market has experienced significant shifts from 2018 to 2022, with evolving demand patterns that will continue to shape the landscape from 2023 to 2033. Over the past five years, the market has seen steady growth due to the increasing demand for durable and aesthetically pleasing finishes in industries such as furniture, automotive, and construction. Thermoplastic edgebands have been favored for their flexibility, ease of processing, and cost-effectiveness, while thermoset edgebands are preferred for their superior mechanical strength, heat resistance, and durability.
In terms of growth, the thermoplastic edgeband market has shown a robust expansion, driven by the demand for customized furniture solutions and enhanced product aesthetics. Manufacturers have increasingly focused on improving the quality and variety of thermoplastic edgebands, offering consumers a range of options that meet both functional and aesthetic requirements. On the other hand, the thermoset edgeband market has been growing steadily, especially in the automotive and construction sectors, where high-performance materials are crucial for long-term durability. The global construction boom and demand for high-quality automotive interiors have significantly contributed to this growth.
The forecast for the next decade (2023-2033) suggests a further expansion of both thermoplastic and thermoset edgebands. Innovations in material science and technological advancements are expected to continue driving the market forward. Thermoplastic edgebands are likely to benefit from ongoing developments in recycling technologies, which align with the growing demand for sustainable products. Meanwhile, thermoset edgebands will remain in high demand for high-performance applications, particularly in markets like automotive and aerospace, where material strength and durability are essential.
In terms of regional trends, the Asia Pacific region is expected to continue leading the thermoplastic and thermoset edgeband market in the coming years. This region’s rapid industrialization, particularly in emerging economies like India and China, is fueling demand for both materials in the furniture and automotive industries. North America and Europe are expected to maintain steady growth, with a shift toward sustainable materials and eco-friendly production processes becoming increasingly important.
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Roma Plastik
Teknaform
REHAU Group
EGGER
Huali
Wilsonart
Surteco
MKT
Proadec
Furniplast
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thermoplastic and Thermoset Edgeband Market
Home
Office
Others
Based on Types the Market is categorized into Below types that held the largest Thermoplastic and Thermoset Edgeband market share In 2023.
Thermoplastic Edgeband
Thermoset Edgeband
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thermoplastic and Thermoset Edgeband Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thermoplastic and Thermoset Edgeband Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermoplastic and Thermoset Edgeband Market, By Type
6. Global Thermoplastic and Thermoset Edgeband Market, By Application
7. Global Thermoplastic and Thermoset Edgeband Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Thermoplastic and Thermoset Edgeband Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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