Impregnated Paper Market to Observe Strong Development | 2024
Impregnated
paper is a sheet with excellent water absorbing and liquid retaining
properties. It is made from wooden pulp and natural cotton linter.
Materials such as plastic or latex are used to percolate the paper
rather than coating it to increase its tearing resistance, wet
strength, and oil resistance. Impregnated paper is a solid color
paper or printed paper pressed at high temperature and pressure.
Saturation paper is used to manufacture impregnated paper. The sheet
of impregnated paper is made of several layers; the outside layer
that receives the coloring matter is made of fine grain fiber, which
increases the density of the paper. The outer layer is comparatively
less permeable than the inner layer.
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Based
on the type of resin, the impregnated paper market can be segmented
into phenol, melamine, and urea. In terms of application, the
impregnated paper market can be divided into furniture manufacturing
and interior design. Based on end-use, the impregnated paper market
can be segregated into industrial, commercial, and residential. The
melamine segment is expected to experience immense growth in the next
few years owing to the unique properties of the paper.
Melamine
forms a hard composite with the paper and also imparts properties
such as flame resistance to the impregnated paper. The urea segment
is anticipated to account for wide share of the impregnated paper
market in the near future, owing to its least toxic nature compared
to the other types of resins used in the manufacture of impregnated
paper.
The
global impregnated paper market has been expanding, as countries have
been focusing on investing significantly in new construction
projects. Asia Pacific is projected to be an attractive market for
impregnated paper market due to the growth in infrastructure
development and constant investments by government and private firms
in new building projects in countries such as China and India. The
need for furniture and interior design in new buildings in Asia
Pacific is likely to rise during the forecast period due to the
expansion in the construction sector. This, in turn, is anticipated
to fuel the demand for impregnated paper in the next few years. The
construction sector in Middle East & Africa and Latin America has
been expanding at a rapid pace since the last few years owing to the
ongoing new construction projects. Furthermore, North America and
Europe are likely to provide significant opportunities for the
impregnated paper market due to the increasing demand for furniture
and interior design. Growth in the construction sector in Europe has
been sluggish as compared to that in other regions.
However,
rise in requirement of new furniture and increase in usage of
interior design in hotels, malls, and shopping complexes along with
residential purposes are likely to boost the demand for impregnated
paper during the forecast period. Unavailability of raw materials
required for the manufacture of impregnated paper and fluctuation in
the prices of raw materials can hamper market growth. Availability of
alternatives is the primary restraint of the market. Implementation
of stringent government regulations on the usage of harmful toxic
chemicals for the production of impregnated paper can hamper market
growth.
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Major
players operating in the impregnated paper market include Starwood,
Dekodur GmbH, impress surfaces GmbH, and Awa Paper Mfg. Co., Ltd.
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