Press release
VCM for Home Appliances Market Revenue to Soar at 4.8% CAGR, Hitting $842 Million by 2030 | Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'VCM for Home Appliances Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global VCM for Home Appliances market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global VCM for Home Appliances market.The global VCM for Home Appliances market is projected to grow from US$ 636 million in 2024 to US$ 842 million by 2030, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period.
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VCM products are film-covered panels, which mainly refer to composite materials for household appliances with various functional films on the surface. VCM series products have good mirror effect, rich patterns, beautiful appearance and excellent processability, surface decoration, corrosion resistance, scratch resistance, etc., can achieve high gloss, matte, pearlescent effect or metallic texture, and Coupled with exquisite patterns and pearly glittering effects, the terminal products are more luxurious and fashionable.
VCM for Home Appliances refers to a new type of composite material with metal sheet as the substrate and polymer film (such as PVC film, PET film, etc.) on the surface. The substrate can be selected: cold-rolled steel sheet, hot-dip galvanized steel sheet, electro-galvanized steel sheet, aluminum sheet, stainless steel sheet and other metal sheets.
Global core VCM for home appliances manufacturers include Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd. etc.The top 3 companies hold a share about 50%.China is the largest market, with a share about 60%, followed by North America.In terms of product, aluminum plate is the largest segment, with a share about 90%. And in terms of application, the largest application is refrigerator, followed by washing machine.
This report aims to provide a comprehensive presentation of the global market for VCM for Home Appliances, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Soft Ferrite Core by region & country, by Type, and by Application.
The primary research and secondary research of the analysis is the competitive landscape that exists between the top players present in the industry. An inventory of the actions the businesses have done in the previous years is included in the report. Growth statistics for the regional markets have been included in the research, along with a list of the key countries driving regional growth, including North America, Europe, China, Japan, Southeast Asia, and India.
Market The Driving Factors:-
Upgrading of home appliance industry: With the continuous upgrading and transformation of the home appliance industry, consumers have higher and higher requirements for the quality and appearance of home appliances. VCM board has become an important choice for home appliances due to its excellent performance and decorative effect.
Environmental protection policy promotion: The increasing attention paid to environmental protection worldwide has promoted the widespread application of environmentally friendly materials such as VCM boards for home appliances. VCM boards produce less pollution during the production process and meet environmental protection requirements.
Consumption upgrade: With the improvement of consumer income levels and the change of consumption concepts, the market demand for high-end home appliances continues to increase. As one of the important materials for high-end home appliances, the market demand for VCM boards has also increased.
In summary, the market for VCM for home appliances has broad development prospects and potential. In the context of increasingly fierce market competition, manufacturers need to continuously innovate and upgrade their products and technical levels to meet consumer needs and maintain market competitiveness. At the same time, it is also necessary to pay attention to the development opportunities of emerging markets and the market changes brought about by new technologies such as smart homes.
Global VCM for Home Appliances Market Trends:-
VCM for Home Appliances The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of VCM for Home Appliances products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of VCM for Home Appliances chemical and material products and the establishment VCM for Home Appliances of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Who are the World's Largest Manufacturers of VCM for Home Appliances?
Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd., SPEEDBIRD, Suzhou Hesheng Special Material Co.,Ltd, New Swallow, Shenzhen Welmetal Steel Sheet Co., Ltd, Jiangyin Haimei Metal New Material, Suzhou Yangtze New Materials Co.,Ltd, Anhui Wall Huang Cai Aluminum Technology, DK Dongshin, DCM CORP, SAMYANG METAL, BN STEELA
Detailed of VCM for Home Appliances Market Segmentation: -
Segmentation By Type :-
Steel Plate
Aluminum Plate
Segmentation By Application : -
Refrigerator
Washing Machine
Air Conditioning
TV Set
Audiovisual Products
Other
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Regional Insights and Growth Opportunities :-
The VCM for Home Appliances Market is witnessing dynamic growth globally, but the market expansion is not uniform across regions. Our comprehensive report breaks down the VCM for Home Appliances market performance into key regions, providing detailed insights and growth forecasts for each area.
Key Regions Covered in the Report:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Highlights the following key factors:
Business description - An in-depth description of the businesses and the divisions of the company.
Corporate strategy - Business strategy of the company as summarized by analysts.
SWOT Analysis - An in-depth analysis of the company's advantages, disadvantages, strengths, and threats.
Company history - progression of significant company-related events.
Major products and services - A list of the company's major products, services, and brands.
Key competitors - A list of the primary competitors of the company.
Important locations and subsidiaries - A list of the company's key locations and subsidiaries, along with contact details.
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of VCM for Home Appliances manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of VCM for Home Appliances in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of VCM for Home Appliances in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Contact Us:
QY Research, INC.
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Los Angeles, CA - 91748
USA: +1 626 539 9760
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Emails - arshad@qyresearch.com
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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