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Latin America Edge Banding Materials Market Research Report: Information By Material Type (PVC, ABS, Melamine, Veneer, Acrylic, Wood, Metal and Hybrid) By Width (15 mm - 30 mm, 31 mm - 40 mm, 41 mm - 55 mm and More Than 55 mm) By Thickness (0.1 mm - 1.5 mm, 1.6 mm - 2.0 mm and More Than 2.0 mm) By End Use (Residential, Commercial and Others) and By Region Latin America Forecast to 2032
Market Report I 2024-11-21 I 111 Pages I Market Research Future
Latin America Edge Banding Materials Market Research Report: Information By Material Type (PVC, ABS, Melamine, Veneer, Acrylic, Wood, Metal and Hybrid) By Width (15 mm - 30 mm, 31 mm - 40 mm, 41 mm - 55 mm and More Than 55 mm) By Thickness (0.1 mm - 1.5 mm, 1.6 mm - 2.0 mm and More Than 2.0 mm) By End Use (Residential, Commercial and Others) and By Region Latin America Forecast to 2032
Market Overview
The Edge Banding Materials Market industry is anticipated to experience a compound annual growth rate (CAGR) of 4.58% from USD 523 million in 2024 to USD 782.43 million by 2032. This growth is expected to occur over the forecast period of 2024 to 2032. In recent years, the Edge Banding Materials market has experienced substantial growth and development. It is imperative to analyze macro and micro factors in order to comprehend the broader environment and the specific dynamics that affect the Latin America edge banding market. Regional and global industry trends are influenced by macro factors, including economic conditions, regulatory frameworks, and technological advancements, which define the overall market landscape.
One of the primary factors propelling the edge banding materials market is the expansion of the furniture manufacturing industry in Latin America. Brazil, Mexico, and Chile are significant participants in this market, as they manufacture most of the furniture in the region. The furniture market in Brazil is anticipated to experience a compound annual growth rate (CAGR) of approximately 4.0% over the next five years, with a value of USD 13.8 billion in 2024. This growth is attributed to the robust demand from both domestic and foreign consumers.
Market segment insights
The Latin America Edge Banding Materials Market has been segmented into PVC, ABS, Melamine, Veneer, Acrylic, Wood, Metal, and Hybrid based on the material type.
The market has been divided into four categories based on width: 15 mm - 30 mm, 31 mm - 40 mm, 41 mm - 55 mm, and More Than 55 mm.
The Latin American Edge Banding Materials market has been segmented into three categories: 0.1 mm - 1.5 mm, 1.6 mm - 2.0 mm, and More Than 2.0 mm, based on thickness.
Residential, Commercial, and Other are the three categories into which the market has been divided based on End Use.
Country Perspectives
The Latin America Edge Banding Materials market is segmented by country, including Brazil, Mexico, Argentina, Chile, Peru, Columbia, Paraguay, Costa Rica, and the Rest of LATAM. During the forecast period, the Brazil Edge Banding Materials market is anticipated to account for a substantial revenue share and maintain the highest market share. The Brazilian market for edge banding materials is experiencing a surge in demand due to the rapid expansion of the construction and renovation sectors. A concurrent increase in disposable incomes, coupled with a greater preference for visually appealing furniture and cabinetry, guarantees an increased utilization of edge banding materials. Other factors contributing to market expansion include the increasing demand for environmentally sustainable alternatives and the advancement of adhesives. Nevertheless, the market is confronted with obstacles as a result of competitive pricing pressures, import dependencies, and existing economic fluctuations.
Major Players
Key players in the edge banding materials market include REHAU Group, TECE, EGGER, Kronospan, Hraniplex, Cantisa S.A.U., Hafele, Modulo 60, and Betzler Group B.V.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 KEY HIGHLIGHTS
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 OVERVIEW
3.2 DATA FLOW
3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
3.4.1 SECONDARY RESEARCH DATA FLOW
3.5 PRIMARY RESEARCH:
3.5.1 PRIMARY RESEARCH DATA FLOW:
3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
3.6.1 CONSUMPTION & NET TRADE APPROACH
3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
3.8.1 MICROECONOMIC FACTOR ANALYSIS:
3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 GROWTH IN FURNITURE INDUSTRY
4.2.2 GROWING RESIDENTIAL CONSTRUCTION MARKET
4.3 RESTRAINTS
4.3.1 SPIRALING RAW MATERIAL PRICES
4.4 OPPORTUNITY
4.4.1 GEOGRAPHICAL EXPANSION INTO EMERGING LATIN AMERICAN MARKETS
4.4 TRENDS
4.4.1 PRODUCT DIVERSIFICATION TO MEET DIVERSE CONSUMER NEEDS
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 PARTICIPANTS (AT DIFFERENT NODES)
5.1.1.1 RAW MATERIAL SUPPLIERS
5.1.1.2 MANUFACTURERS
5.1.1.3 DISTRIBUTION CHANNEL
5.1.1.4 END-USER
5.2 PORTER'S FIVE FORCES MODEL
5.2.1 BARGAINING POWER OF SUPPLIERS
5.2.2 BARGAINING POWER OF BUYERS
5.2.3 THREAT OF NEW ENTRANTS
5.2.4 THREAT OF SUBSTITUTES
5.2.5 INTENSITY OF RIVALRY
6 LATIN AMERICA EDGE BANDING MATERIALS MARKET, BY MATERIAL TYPE
6.1 INTRODUCTION
6.2 PVC
6.3 ABS
6.4 MELAMINE
6.5 VENEER
6.6 ACRYLIC
6.7 WOOD
6.8 METAL
6.9 HYBRID
7 LATIN AMERICA EDGE BANDING MATERIALS MARKET, BY WIDTH
7.1 INTRODUCTION
7.2 15 MM - 30 MM
7.3 31 MM - 40 MM
7.4 41 MM - 55 MM
7.5 MORE THAN 55 MM
8 LATIN AMERICA EDGE BANDING MATERIALS MARKET, BY THICKNESS
8.1 INTRODUCTION
8.2 0.1 MM - 1.5 MM
8.3 1.6 MM - 2.0 MM
8.4 MORE THAN 2.0 MM
9 LATIN AMERICA EDGE BANDING MATERIALS MARKET, BY END USE
9.1 INTRODUCTION
9.2 RESIDENTIAL
9.3 COMMERCIAL
9.4 OTHERS
10 LATIN AMERICA EDGE BANDING MATERIALS MARKET, BY COUNTRY
10.1 OVERVIEW
10.1.1 BRAZIL
10.1.2 MEXICO
10.1.3 ARGENTINA
10.1.4 CHILE
10.1.5 PERU
10.1.6 COLUMBIA
10.1.7 PARAGUAY
10.1.8 COSTA RICA
10.1.9 REST OF LATAM
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 COMPETITION DASHBOARD
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL PRESENCE
11.2.3 STRATEGIC ALLIANCE
11.2.4 INDUSTRY EXPERIENCE
11.3 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
12 COMPANY PROFILES
12.1 REHAU GROUP
12.1.1 COMPANY OVERVIEW
12.1.2 FINANCIAL OVERVIEW
12.1.3 PRODUCTS OFFERED
12.1.4 KEY DEVELOPMENTS
12.1.5 SWOT ANALYSIS
12.1.6 KEY STRATEGY
12.2 TECE
12.2.1 COMPANY OVERVIEW
12.2.2 FINANCIAL OVERVIEW
12.2.3 PRODUCTS OFFERED
12.2.4 KEY DEVELOPMENTS
12.2.5 SWOT ANALYSIS
12.2.6 KEY STRATEGY
12.3 EGGER
12.3.1 COMPANY OVERVIEW
12.3.2 PRODUCTS OFFERED
12.3.3 KEY DEVELOPMENTS
12.3.4 KEY STRATEGY
12.4 KRONOSPAN
12.4.1 COMPANY OVERVIEW
12.4.2 FINANCIAL OVERVIEW
12.4.3 PRODUCTS OFFERED
12.4.4 KEY DEVELOPMENTS
12.4.5 SWOT ANALYSIS
12.4.6 KEY STRATEGY
12.5 PROADEC
12.5.1 COMPANY OVERVIEW
12.5.2 FINANCIAL OVERVIEW
12.5.3 PRODUCTS OFFERED
12.5.4 KEY DEVELOPMENTS
12.5.5 SWOT ANALYSIS 127
12.5.6 KEY STRATEGY
12.6 HRANIPLEX
12.6.1 COMPANY OVERVIEW
12.6.2 FINANCIAL OVERVIEW
12.6.3 PRODUCTS OFFERED
12.6.4 KEY DEVELOPMENTS
12.6.5 SWOT ANALYSIS
12.6.6 KEY STRATEGY
12.7 CANTISA S.A.U.
12.7.1 COMPANY OVERVIEW
12.7.2 FINANCIAL OVERVIEW
12.7.3 PRODUCTS OFFERED
12.7.4 KEY DEVELOPMENTS
12.7.5 KEY STRATEGY
12.8 HAFELE
12.8.1 COMPANY OVERVIEW
12.8.2 FINANCIAL OVERVIEW
12.8.3 PRODUCTS OFFERED
12.8.4 KEY DEVELOPMENTS
12.8.5 KEY STRATEGY
12.9 MODULO 60
12.9.1 COMPANY OVERVIEW
12.9.2 FINANCIAL OVERVIEW
12.9.3 PRODUCTS OFFERED
12.9.4 KEY DEVELOPMENTS
12.9.5 KEY STRATEGY
12.10 BETZLER GROUP B.V.
12.10.1 COMPANY OVERVIEW
12.10.2 FINANCIAL OVERVIEW
12.10.3 PRODUCTS OFFERED
12.10.4 KEY DEVELOPMENTS
12.10.5 KEY STRATEGY
12.11 RELATED REPORTS
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 28
TABLE 1 LATIN AMERICA GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 54
TABLE 2 LATIN AMERICA GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 54
TABLE 3 LATIN AMERICA GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 58
TABLE 4 LATIN AMERICA GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 59
TABLE 5 LATIN AMERICA: GELCOAT MARKET, BY COUNTRY, 2018-2032 (USD MILLION) 62
TABLE 6 LATIN AMERICA: GELCOAT MARKET, BY COUNTRY, 2018-2032 (KILOTONS) 62
TABLE 7 BRAZIL GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 63
TABLE 8 BRAZIL GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 63
TABLE 9 BRAZIL GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 63
TABLE 10 BRAZIL GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 64
TABLE 11 MEXICO GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 64
TABLE 12 MEXICO GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 64
TABLE 13 MEXICO GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 65
TABLE 14 MEXICO GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 65
TABLE 15 ARGENTINA GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 66
TABLE 16 ARGENTINA GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 66
TABLE 17 ARGENTINA GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 66
TABLE 18 ARGENTINA GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 67
TABLE 19 CHILE GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 68
TABLE 20 CHILE GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 68
TABLE 21 CHILE GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 68
TABLE 22 CHILE GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 69
TABLE 23 PERU GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 69
TABLE 24 PERU GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 69
TABLE 25 PERU GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 70
TABLE 26 PERU GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 70
TABLE 27 COLUMBIA GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 71
TABLE 28 COLUMBIA GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 71
TABLE 29 COLUMBIA GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 71
TABLE 30 COLUMBIA GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 72
TABLE 31 BOLIVIA GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 72
TABLE 32 BOLIVIA GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 72
TABLE 33 BOLIVIA GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 73
TABLE 34 BOLIVIA GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 73
TABLE 35 REST OF LATAM GELCOAT MARKET, BY RESIN, 2018-2032 (USD MILLION) 74
TABLE 36 REST OF LATAM GELCOAT MARKET, BY RESIN, 2018-2032 (KILOTONS) 74
TABLE 37 REST OF LATAM GELCOAT MARKET, BY END-USE, 2018-2032 (USD MILLION) 74
TABLE 38 REST OF LATAM GELCOAT MARKET, BY END-USE, 2018-2032 (KILOTONS) 75
TABLE 39 ACQUISITION 79
TABLE 40 CAPACITY EXPANSION 80
TABLE 41 AGREEMENT 80
TABLE 42 AOC: PRODUCTS OFFERED 81
TABLE 43 AOC: KEY DEVELOPMENTS 82
TABLE 44 SCOTT BADER: PRODUCTS OFFERED 84
TABLE 45 SCOTT BADER: KEY DEVELOPMENTS 85
TABLE 46 POLIYA: PRODUCTS OFFERED 88
TABLE 47 POLYNT-REICHHOLD GROUP: PRODUCTS OFFERED 91
TABLE 48 POLYNT-REICHHOLD GROUP: KEY DEVELOPMENTS 91
TABLE 49 INTERPLASTIC CORPORATION: PRODUCTS OFFERED 93
TABLE 50 POLYNT-REICHHOLD GROUP: KEY DEVELOPMENTS 93
TABLE 51 WACKER CHEMIE AG: PRODUCTS OFFERED 96
TABLE 52 SIKA AG: PRODUCTS OFFERED 99
TABLE 53 SIKA AG: KEY DEVELOPMENT 100
TABLE 54 ASHLAND INC.: PRODUCTS OFFERED 102
TABLE 55 INEOS GROUP: PRODUCTS OFFERED 105
TABLE 56 SIKA AG: KEY DEVELOPMENT 105
TABLE 57 GURIT: PRODUCTS OFFERED 109
LIST OF FIGURES
FIGURE 1 GELCOAT MARKET: MARKET GROWTH FACTOR ANALYSIS (2018 - 2032) 35
FIGURE 2 DRIVER IMPACT ANALYSIS (2024-2032) 38
FIGURE 3 RESTRAINT IMPACT ANALYSIS (2024-2032) 39
FIGURE 4 SUPPLY CHAIN ANALYSIS: GELCOAT MARKET 42
FIGURE 5 PORTER'S FIVE FORCES MODEL: GELCOAT MARKET 46
FIGURE 7 LATIN AMERICA GELCOAT MARKET, BY RESIN, SEGMENT ANALYSIS 53
FIGURE 8 LATIN AMERICA GELCOAT MARKET, BY RESIN, 2023 (% SHARE) 54
FIGURE 9 LATIN AMERICA GELCOAT MARKET, BY END-USE, SEGMENT ANALYSIS 57
FIGURE 10 LATIN AMERICA GELCOAT MARKET, BY END-USE, 2023 (% SHARE) 58
FIGURE 11 LATIN AMERICA: GELCOAT MARKET SHARE, BY COUNTRY, 2023 (% SHARE) 61
FIGURE 12 LATIN AMERICA GELCOATS MAJOR PLAYERS MARKET SHARE ANALYSIS, 2023 (%) 77
FIGURE 13 BENCHMARKING OF MAJOR COMPETITORS 78
FIGURE 14 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023 79
FIGURE 15 AOC: SWOT ANALYSIS 83
FIGURE 16 SCOTT BADER: SWOT ANALYSIS 86
FIGURE 17 POLIYA: SWOT ANALYSIS 89
FIGURE 18 POLYNT-REICHHOLD GROUP: FINANCIAL OVERVIEW SNAPSHOT 90
FIGURE 19 POLYNT-REICHHOLD GROUP: SWOT ANALYSIS 92
FIGURE 20 INTERPLASTIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 93
FIGURE 21 INTERPLASTIC CORPORATION: SWOT ANALYSIS 94
FIGURE 22 WACKER CHEMIE AG: FINANCIAL OVERVIEW SNAPSHOT 96
FIGURE 23 WACKER CHEMIE AG: SWOT ANALYSIS 97
FIGURE 24 SIKA AG: FINANCIAL OVERVIEW SNAPSHOT 99
FIGURE 25 SIKA AG: SWOT ANALYSIS 100
FIGURE 26 ASHLAND INC.: FINANCIAL OVERVIEW SNAPSHOT 102
FIGURE 27 ASHLAND INC.: SWOT ANALYSIS 103
FIGURE 28 INEOS GROUP: FINANCIAL OVERVIEW SNAPSHOT 105
FIGURE 29 INEOS GROUP: SWOT ANALYSIS 106
FIGURE 30 GURIT: FINANCIAL OVERVIEW SNAPSHOT 109
FIGURE 31 GURIT: ANALYSIS 110
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