Physical Vapor Deposition Pvd Faucet Finishes Market
Physical Vapor Deposition (PVD) Faucet Finishes Market Forecasts to 2030 - Global Analysis By Finish Type (Brushed Nickel, Matte Black, Polished Chrome, Oil-Rubbed Bronze, Gold and Brass Finishes, Stainless Steel, Antique Finish, Copper Finish and Gunmetal Finish), Material, Coating Type, Distribution Channel, Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2024) |
US $13.15 BN |
|
Projected Year Value (2030) |
US $22.43 BN |
|
CAGR (2024- 2030) |
9.3% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Physical Vapor Deposition (PVD) Faucet Finishes Market is accounted for $13.15 billion in 2024 and is expected to reach $22.43 billion by 2030 growing at a CAGR of 9.3% during the forecast period. Physical Vapor Deposition (PVD) faucet finishes are a high-tech coating technique that uses a vacuum environment to apply a thin layer of metal on faucet surfaces. This method increases durability by strengthening the coatings' resistance to corrosion, scratches, and chemical deterioration. PVD is a vacuum coating technique that creates thin films with improved qualities like wear durability and corrosion resistance by vaporizing solid materials and depositing them onto a substrate. It is common in high-end plumbing fixtures because consumers want long-lasting, functional faucet finishes.
According to OICA, around 4,399,112 vehicles were produced in 2021, which increased by 30% compared to 3,381,819 units manufactured in 2020 in India. According to the Boeing Commercial Outlook 2021-2040, around 8,700 new deliveries in China are expected to be made by 2040, with a market service value of USD 1,800 billion.
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Market Dynamics:
Driver:
Exceptional durability and resistance
A popular option in high-traffic areas, Physical Vapor Deposition (PVD) faucet coatings are known for their remarkable resistance and longevity. In comparison to conventional finishes, the PVD process produces a strong, thin layer of metal that adheres to the faucet surface and provides the best protection against tarnishing, corrosion, and scratches. This high level of resistance makes faucets perfect for both home and business settings since it guarantees that they will maintain their luster and look even after many years of use. PVD coatings are a long-lasting, low-maintenance choice in demanding environments since they are also resistant to fading and discoloration.
Restraint:
High initial costs
The high initial costs and the requirement for sophisticated deposition techniques and specialized vacuum chambers provide major obstacles for the physical vapor deposition (PVD) faucet finishes market. Operational expenses are further increased by the PVD process's complexity, which necessitates substantial maintenance and trained operators. Long-term advantages like increased durability and lower maintenance costs frequently make the initial costs worthwhile in the long run.
Opportunity:
Growing construction and remodelling industry
The growing need for contemporary, long-lasting, and visually beautiful fixtures in the residence, business, and hospitality sectors is driving the Physical Vapor Deposition (PVD) Faucet Finishes Market. The increased demand for high-end faucets with PVD coatings, which provide both practical and aesthetic value in kitchens and bathrooms, is being driven by the global boom in restorations, urban development, and new housing developments. PVD finishes are well-known for their exceptional lifetime and scratch resistance.
Threat:
Competition from other finishing techniques
The Finishes for Physical Vapor Deposition (PVD) Faucets Traditional chrome plating, powder coating, and electroplating are competitors in the market. These methods appeal to consumers and producers on a tight budget since they have simpler manufacturing procedures and cheaper beginning expenses. They might not be as long-lasting, scratch-resistant, or environmentally friendly, but they are fierce rivals because to their extensive availability and long history of use in the market. A few of these finishes still satisfy the performance and aesthetic needs of customers.
Covid-19 Impact
The COVID-19 epidemic had a major effect on the market for physical vapor deposition (PVD) faucet finishes by interfering with construction projects and changing consumer spending patterns. The market for faucets, especially those with PVD treatments, was adversely impacted by the halt in building projects caused by lockdowns and social distancing measures. Furthermore, buyers prioritized necessities over luxuries due to economic uncertainties, which hurt sales of expensive fixtures.
The brushed nickel segment is expected to be the largest during the forecast period
The brushed nickel segment is projected to account for the largest market share during the projection period. Brushed nickel offers a modern, sleek aesthetic that aligns well with contemporary design trends, appealing to both homeowners and designers. Its endurance and low maintenance requirements make it the perfect option for high-traffic areas because to its resilience to corrosion and scratches. Brushed nickel finishes' adaptability also makes them suitable for a variety of business and residential contexts, which propels market expansion.
The residential faucets segment is expected to have the highest CAGR during the forecast period
The residential faucets segment is projected to witness substantial growth during the projection period, because consumers are increasingly choosing long-lasting, low-maintenance products. The durability of faucets increases significantly by PVD treatments, which offer resistance to fading, corrosion, and scratches. Furthermore, a broad variety of hues and finishes that satisfy contemporary design trends are made possible by PVD coatings' aesthetic adaptability. The demand for these cutting-edge faucet finishes in residential settings is further increased by the environmentally concerned consumers drawn to the PVD process's eco-friendliness.
Region with largest share:
Over the forecast period, the Asia Pacific region is anticipated to hold the largest market share, as a result of modern infrastructure needs, urbanization, and building. The desire for long-lasting, visually pleasing faucets is being driven by rising disposable incomes and a move toward luxury residences. The environmentally beneficial nature of PVD technology complies with more stringent environmental laws in nations like China, Japan, and India. The use of PVD coatings is further boosted by the growing real estate and hotel industries as well as by the expansion of renovation projects.
Region with highest CAGR:
The North America region is projected to achieve the highest CAGR during the forecast period, owing to consumer desire for long-lasting, high-quality, and environmentally responsible home renovation items. The enhanced scratch and corrosion resistance of PVD treatments, particularly in high-end residential and commercial buildings, is becoming more and more known to consumers. Strong building and remodelling activity in the area, especially in the US and Canada, contributes to the market's expansion.
Key players in the market
Some of the key players profiled in the Physical Vapor Deposition (PVD) Faucet Finishes Market include Kohler Co., Delta Faucet Company, Moen Incorporated, American Standard Brands, Grohe AG, Hansgrohe SE, Pfister Faucets, Brizo, Kraus USA, Inc., Franke Group, Toto Ltd., Dornbracht, Rohl LLC, Vigo Industries, Jaquar Group, Vola A/S, Elkay Manufacturing Company, Aquabrass, Waterworks, and Hamat Faucets.
Key Developments:
In April 2024, Kohler introduced a new range of PVD finishes for its popular faucet collections, offering more color options such as matte black and rose gold. These finishes enhance durability while meeting consumer demand for trendy, premium-looking designs.
In January 2024, Delta Faucet launched its expanded PVD finish product line with new styles in brushed nickel and polished gold, emphasizing longevity, water resistance, and environmental sustainability in manufacturing.
In July 2023, Grohe introduced advanced PVD technology in its faucet lines, offering greater scratch resistance and a broader range of finish colors, including graphite and brushed warm sunset, aimed at luxury residential and hospitality sectors.
Finish Types Covered:
• Brushed Nickel
• Matte Black
• Polished Chrome
• Oil-Rubbed Bronze
• Gold and Brass Finishes
• Stainless Steel
• Antique Finish
• Copper Finish
• Gunmetal Finish
Materials Covered:
• Stainless Steel
• Brass
• Copper
• Zinc
• Aluminum
Coating Types Covered:
• Titanium Carbide Nitride (TiCN)
• Titanium Nitride (TiN)
• Chromium Nitride (CrN)
• Zirconium Nitride (ZrN)
• Other Coating Types
Distribution Channels Covered:
• Online
• Retail
• Aftermarket
• Original Equipment Manufacturer (OEM)
Applications Covered:
• Residential Faucets
• Commercial Faucets
• Kitchen Faucets
• Bathroom Faucets
• Shower Faucets
• Bathtub Faucets
• Outdoor Faucets
• Other Applications
End Users Covered:
• Residential Buildings
• Commercial Buildings
• Industrial Facilities
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Finish Type
5.1 Introduction
5.2 Brushed Nickel
5.3 Matte Black
5.4 Polished Chrome
5.5 Oil-Rubbed Bronze
5.6 Gold and Brass Finishes
5.7 Stainless Steel
5.8 Antique Finish
5.9 Copper Finish
5.10 Gunmetal Finish
6 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Material
6.1 Introduction
6.2 Stainless Steel
6.3 Brass
6.4 Copper
6.5 Zinc
6.6 Aluminum
7 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Coating Type
7.1 Introduction
7.2 Titanium Carbide Nitride (TiCN)
7.3 Titanium Nitride (TiN)
7.4 Chromium Nitride (CrN)
7.5 Zirconium Nitride (ZrN)
7.6 Other Coating Types
8 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Distribution Channel
8.1 Introduction
8.2 Online
8.3 Retail
8.4 Aftermarket
8.5 Original Equipment Manufacturer (OEM)
9 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Application
9.1 Introduction
9.2 Residential Faucets
9.3 Commercial Faucets
9.4 Kitchen Faucets
9.5 Bathroom Faucets
9.6 Shower Faucets
9.7 Bathtub Faucets
9.8 Outdoor Faucets
9.9 Other Applications
10 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By End User
10.1 Introduction
10.2 Residential Buildings
10.3 Commercial Buildings
10.3.1 Hotels
10.3.2 Restaurants
10.3.3 Office Buildings
10.4 Industrial Facilities
10.5 Other End Users
11 Global Physical Vapor Deposition (PVD) Faucet Finishes Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Kohler Co.
13.2 Delta Faucet Company
13.3 Moen Incorporated
13.4 American Standard Brands
13.5 Grohe AG
13.6 Hansgrohe SE
13.7 Pfister Faucets
13.8 Brizo
13.9 Kraus USA, Inc.
13.10 Franke Group
13.11 Toto Ltd.
13.12 Dornbracht
13.13 Rohl LLC
13.14 Vigo Industries
13.15 Jaquar Group
13.16 Vola A/S
13.17 Elkay Manufacturing Company
13.18 Aquabrass
13.19 Waterworks
13.20 Hamat Faucets
List of Tables
1 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Region (2022-2030) ($MN)
2 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Finish Type (2022-2030) ($MN)
3 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Brushed Nickel (2022-2030) ($MN)
4 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Matte Black (2022-2030) ($MN)
5 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Polished Chrome (2022-2030) ($MN)
6 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Oil-Rubbed Bronze (2022-2030) ($MN)
7 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Gold and Brass Finishes (2022-2030) ($MN)
8 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Stainless Steel (2022-2030) ($MN)
9 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Antique Finish (2022-2030) ($MN)
10 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Copper Finish (2022-2030) ($MN)
11 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Gunmetal Finish (2022-2030) ($MN)
12 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Material (2022-2030) ($MN)
13 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Stainless Steel (2022-2030) ($MN)
14 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Brass (2022-2030) ($MN)
15 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Copper (2022-2030) ($MN)
16 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Zinc (2022-2030) ($MN)
17 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Aluminum (2022-2030) ($MN)
18 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Coating Type (2022-2030) ($MN)
19 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Titanium Carbide Nitride (TiCN) (2022-2030) ($MN)
20 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Titanium Nitride (TiN) (2022-2030) ($MN)
21 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Chromium Nitride (CrN) (2022-2030) ($MN)
22 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Zirconium Nitride (ZrN) (2022-2030) ($MN)
23 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Other Coating Types (2022-2030) ($MN)
24 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Distribution Channel (2022-2030) ($MN)
25 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Online (2022-2030) ($MN)
26 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Retail (2022-2030) ($MN)
27 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Aftermarket (2022-2030) ($MN)
28 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Original Equipment Manufacturer (OEM) (2022-2030) ($MN)
29 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Application (2022-2030) ($MN)
30 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Residential Faucets (2022-2030) ($MN)
31 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Commercial Faucets (2022-2030) ($MN)
32 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Kitchen Faucets (2022-2030) ($MN)
33 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Bathroom Faucets (2022-2030) ($MN)
34 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Shower Faucets (2022-2030) ($MN)
35 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Bathtub Faucets (2022-2030) ($MN)
36 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Outdoor Faucets (2022-2030) ($MN)
37 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Other Applications (2022-2030) ($MN)
38 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By End User (2022-2030) ($MN)
39 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Residential Buildings (2022-2030) ($MN)
40 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Commercial Buildings (2022-2030) ($MN)
41 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Hotels (2022-2030) ($MN)
42 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Restaurants (2022-2030) ($MN)
43 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Office Buildings (2022-2030) ($MN)
44 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Industrial Facilities (2022-2030) ($MN)
45 Global Physical Vapor Deposition (PVD) Faucet Finishes Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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