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Vinyl Surface Coatings Market for construction sector to garner profits via extensive demand
Vinyl Surface Coatings Market
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Vinyl surface coatings market from solvent-based is forecasted to grow at the end of 2025. Global screen-printing inks market is anticipated to grow over 4.5% by 2026. 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 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 4.5% by 2024. Increasing carbonated drinks demand will have a positive impact on beverage can industry growth which in turn would enhance market size.
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 2025 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.
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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.
Vinyl Surface Coatings Market, By Type, 2014-2025 (Kilo Tons) (USD Million)
1. Solvent based
2. Water based
3. Powder based
Vinyl Surface Coatings Market, By Application, 2014-2025 (Kilo Tons) (USD Million)
1. Industrial
2. Construction
3. Printing inks
4. Automotive
5. Food & Beverage
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