Market Overview:
The global vinyl surface coatings market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for vinyl surface coatings from various end-use industries such as industrial, construction, printing inks and automotive. In terms of type, the solvent-based segment is expected to account for a major share of the global vinyl surface coatings market during the forecast period. This can be attributed to its properties such as excellent adhesion and durability.
Product Definition:
A vinyl surface coating is a type of protection that is applied to the surface of vinyl materials in order to keep them looking new and prevent them from becoming damaged. Vinyl surface coatings are important because they protect the material from scratches, fading, and other forms of damage. Without a vinyl surface coating, the material may become scratched or faded over time.
Solvent-based:
Solvent-based is a general term used for paints that are applied by the brush, roller or spray. They comprise of more than 50% solvents and can be waterborne or solvent-based as per requirement. Solvent based coatings have been in use since last century and their demand has witnessed significant growth over the past few years owing to rising application scope in various end-use industries such as construction, automotive & transportation, industrial manufacturing sectors among others.
Waterborne (Latex):
Waterborne (latex) is a type of paint that is applied over the surface of a material, such as wood or concrete. The material must be porous to allow the paint to permeate through it. Water-based paints are usually made from polyurethane and are characterized by good exterior performance along with excellent interior quality.
Application Insights:
The industrial application segment led the global vinyl surface coatings market and accounted for more than 54.0% share of the total revenue in 2017. The growth can be attributed to increasing demand from various industries including automotive, construction, and packaging. In addition, rapid industrialization in developing countries such as India is expected to drive product demand over the forecast period.
Vinyl flooring coatings are used for a variety of applications in warehouses & storage facilities on account of their properties such as ease of cleaning & maintenance along with resistance towards chemicals & solvents which makes them ideal for use on a warehouse floor or any other type of storage facility where heavy-duty cleaning is not required frequently.
In terms of revenue, automotive application was valued at USD 544 million in 2017 owing to rising demand from major markets including China.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising industrialization, rapid urbanization, and increasing foreign investments. In addition, growing automotive industry in China & Japan is likely to boost product demand further. Europe accounted for a significant share of revenue in 2017 owing to high consumption of vinyl coating products due to extensive use in printing ink industry as well as application industries such as packaging & labeling and textiles.
The growing trend towards sustainable construction has resulted into increased adoption of these products which will drive the regional market further. North America also contributed significantly towards product consumption owing with high production volume for solvent-based vinyl surface coatings produced by companies including PPG Industries Inc., Sherwin-Williams Company, BASF SE., Henkel AG & Co., Diversey Canada Ltd.
Growth Factors:
- Increasing demand from the automotive industry for vinyl surface coatings as a protective and decorative measure.
- Growing popularity of vinyl surface coatings among consumers due to their aesthetic appeal and durability.
- Rising demand for vinyl surface coatings in construction applications as they offer resistance to weathering and fading.
- Increasing use of vinyl surface coatings in industrial applications owing to their properties such as chemical resistance and corrosion protection.
- Technological advancements in the production of vinyl surface coatings that have resulted in improved performance characteristics, which is likely to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Vinyl Surface Coatings Market Research Report
By Type
Solvent-based, Waterborne (Latex), Powder
By Application
Industrial, Construction, Printing Inks, Automotive
By Companies
Arkema, Hexion, Gellner Industrial, Caplugs, APV Engineered Coatings, Key Resins, PolyOne, Klumpp Coatings, Arkema
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Vinyl Surface Coatings Market Report Segments:
The global Vinyl Surface Coatings market is segmented on the basis of:
Types
Solvent-based, Waterborne (Latex), Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Construction, Printing Inks, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- Hexion
- Gellner Industrial
- Caplugs
- APV Engineered Coatings
- Key Resins
- PolyOne
- Klumpp Coatings
- Arkema
Highlights of The Vinyl Surface Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent-based
- Waterborne (Latex)
- Powder
- By Application:
- Industrial
- Construction
- Printing Inks
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vinyl Surface Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vinyl surface coatings are a type of paint that is applied to the exterior of a building or other structure. Vinyl surface coatings are designed to protect the underlying material from weathering and damage.
Some of the key players operating in the vinyl surface coatings market are Arkema, Hexion, Gellner Industrial, Caplugs, APV Engineered Coatings, Key Resins, PolyOne, Klumpp Coatings, Arkema.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vinyl Surface Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vinyl Surface Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vinyl Surface Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vinyl Surface Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vinyl Surface Coatings Market Size & Forecast, 2020-2028
4.5.1 Vinyl Surface Coatings Market Size and Y-o-Y Growth
4.5.2 Vinyl Surface Coatings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solvent-based
5.2.2 Waterborne (Latex)
5.2.3 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Construction
6.2.3 Printing Inks
6.2.4 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vinyl Surface Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vinyl Surface Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solvent-based
9.6.2 Waterborne (Latex)
9.6.3 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Construction
9.10.3 Printing Inks
9.10.4 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solvent-based
10.6.2 Waterborne (Latex)
10.6.3 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Construction
10.10.3 Printing Inks
10.10.4 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solvent-based
11.6.2 Waterborne (Latex)
11.6.3 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Construction
11.10.3 Printing Inks
11.10.4 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solvent-based
12.6.2 Waterborne (Latex)
12.6.3 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Construction
12.10.3 Printing Inks
12.10.4 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solvent-based
13.6.2 Waterborne (Latex)
13.6.3 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Construction
13.10.3 Printing Inks
13.10.4 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vinyl Surface Coatings Market: Competitive Dashboard
14.2 Global Vinyl Surface Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 Hexion
14.3.3 Gellner Industrial
14.3.4 Caplugs
14.3.5 APV Engineered Coatings
14.3.6 Key Resins
14.3.7 PolyOne
14.3.8 Klumpp Coatings
14.3.9 Arkema
