Vinyl Surface Coatings Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Published Date : Apr 2020 | No. of Pages : 200 Pages | Category :

Vinyl surface coatings are based primarily on vinyl acetate–based latexes used in architectural coatings, and also on solvent-based copolymers of vinyl acetate and vinyl chloride.

Vinyl Surface Coatings Market size is anticipated to witness substantial gains in the forecast timespan owing to its utilization in construction and manufacturing sectors. The product functions as a protective covering substance and helps to create barrier against surface deterioration. Rising manufacturing activities would foster industrial machines and tools utilization enhancing industry growth.

Vinyl surface coatings market from water-based is forecasted to grow at the end of 2027. The product owing to mechanical and thermal shock resistant properties is utilized to coat surfaces in manufacturing sector. Increasing consumer goods demand including electronics and textile will foster manufacturing activities globally which in turn would boost product demand.

Powder-based segment is anticipated to witness substantial gains at the end of 2027. Global automotive paints and coatings market is anticipated to grow over USD 28 billion by 2027. The product owing to flexible nature and chemical resistant characteristics is extensively utilized for coating automotive components. It can be mixed with additives to enhance product properties. Growing automotive sector due to rising consumer’s purchasing power will enhance industry growth.

Global vinyl surface coatings market size from food & beverage application is forecasted to witness substantial gains at the end of 2025. The product owing to acid & alkali resistant along with tasteless nature is used for coating cans in the food & beverage industry. Beverage can market is estimated to grow over 4.9% by 2027. Increasing carbonated drinks demand will have a positive impact on beverage can industry growth which in turn would enhance market size.

Vinyl surface coatings market from solvent-based is forecasted to grow at the end of 2027. Global screen-printing inks market is anticipated to grow over 4.7% by 2027. The product owing to good solubility and permanent flexibility is utilized as a binder for inkjet, screen printing, and gravure inks. Growing technological developments with rising R & D activities to manufacture environmentally friendly inks will positively impact product demand.

Global vinyl surface coatings market share from construction application is forecasted to witness substantial gains in the estimated time period. The product owing to good physical appearance and scratch resistant properties is widely used for manufacturing decorative coatings in construction sector. Increasing interior designing trends in construction sector will foster decorative coatings demand which will have a positive impact on vinyl surface coatings market growth.

North America led by Mexico, Canada and the U.S. vinyl surface coatings market size is projected to witness significant gains at the end of 2027 due to rising automotive industry in the region. The product owing to abrasion resistant and corrosion resistant properties is used for coating automotive parts and components. Increasing hybrid vehicles demand will boost automotive sector growth which in turn would drive product demand.

Presence of substitutes including acrylic and polyurethane coatings may hamper vinyl acrylic coatings demand. Also, Volatile Organic Compounds emissions may impact market profitability and industry price trends. However, increasing R & D activities to manufacture coatings with low VOC content may foster industry growth.

Europe driven by UK, Spain, Italy, France and Germany vinyl surface coatings market size is projected to amplify at the end of 2025. The product owing to good chemical stability and metal adhesion properties is utilized for coating metallic components in industrial sector to protect corrosion. Increasing technological advancements to streamline operations will foster industrial sector growth which will fuel product demand.

Vinyl surface coatings owing to low water absorption and chemical resistant properties are utilized for protecting metal surfaces from corrosion. Anti-corrosion paints market is anticipated to grow over 5.3% by 2027. Increasing demand of corrosion preventive paints and coatings for protecting metal structures will have a positive impact on market growth.

Asia Pacific market led by South Korea, Japan, India and China vinyl surface coatings market is projected to witness significant gains at the end of 2027 owing to rising construction sector in the region. The product owing to improved aesthetic properties is used for home decorating applications. Increasing residential and commercial construction activities in the region will fortify decorative paints and coatings demand which in turn would enhance market size.

Global vinyl surface coatings market share is moderately fragmented with major players includes Arkema, Gellner Industrial, PolyOne, Klumpp Coatings, Key Resins, APV Engineered Coatings and Caplugs. Companies are targeting on expansion by executing mergers & acquisitions, strategic alliance, and joint ventures owing to rising product applications in automotive, industrial, and construction sectors which may stimulate market growth.

Segmentation

By the product type, the market is primarily split into

  • Solvent-based
  • Waterborne (Latex)
  • Powder

By the end users/application, this report covers the following segments

  • Industrial
  • Construction
  • Printing Inks
  • Automotive

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Poland
    • Russia
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
    • Malaysia
    • Australia
  • LATAM
    • Brazil
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa

The Vinyl Surface Coatings market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Vinyl Surface Coatings market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Vinyl Surface Coatings market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vinyl Surface Coatings market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Vinyl Surface Coatings market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Vinyl Surface Coatings capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Vinyl Surface Coatings by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Vinyl Surface Coatings market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Vinyl Surface Coatings market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Vinyl Surface Coatings market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Vinyl Surface Coatings industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Vinyl Surface Coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Vinyl Surface Coatings market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Vinyl Surface Coatings market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Vinyl Surface Coatings market. These factors have benefited the growth of the global market for Vinyl Surface Coatings. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Vinyl Surface Coatings. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Vinyl Surface Coatings are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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