There is no kraft paper used in thermally fused laminates and the resulting panel is ready for finishing.
Thermal fused melamine laminate finish.
When its time to have the look of high pressure laminate hpl with similar performance thermally fused laminate tfl also referred to as thermally fused melamine tfm is often used.
Thermally fused laminate tfl cabinet doors and drawer fronts are designed for durability featuring an outer layer that resists chipping scratches and dents.
And while both materials are moisture resistant if you left a sweating glass on the surface of each overnight the results would be different.
The thermal fused melamine surface is thinner than high pressure laminate so it is more vulnerable to scratches and chips.