Global PVC Molding And Trim Market Size By End-Use Industry (Commercial Construction, Residential Construction), By Application (Exterior Molding and Trim, Interior Molding and Trim), By Geographic Scope And Forecast
Report ID: 366282|No. of Pages: 202
Global PVC Molding And Trim Market Size By End-Use Industry (Commercial Construction, Residential Construction), By Application (Exterior Molding and Trim, Interior Molding and Trim), By Geographic Scope And Forecast
PVC Molding And Trim Market Size And Forecast
PVC Molding And Trim Market size is growing at a faster pace with substantial growth rates over the last few years, and is estimated that the market will grow significantly in the forecasted period i.e., 2024 to 2030.
The ‘Global PVC Molding And Trim Device Market’ is witnessing significant growth owing to various driving factors such as the growing building construction industry, a surge in the application of PVC molding and trim across historic restoration. The Global PVC Molding And Trim Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global PVC Molding And Trim Market Executive Summary
PVC molding and trims refer to versatile building materials made from polyvinyl chloride, a synthetic plastic polymer. These components are employed in construction and interior design to enhance aesthetics and functionality. PVC molding encompasses various profiles and shapes, such as baseboards, crown molding, and chair rails, designed to provide finishing touches to walls, ceilings, and floors. These moldings are highly durable, moisture-resistant, and low maintenance, making them suitable for both interior and exterior applications. PVC trims, on the other hand, serve as protective and decorative elements around doors, windows, corners, and edges of structures. They shield vulnerable areas from moisture, weather, and wear while also offering a clean and polished appearance.
PVC molding and trims have gained popularity due to their cost-effectiveness, ease of installation, and ability to mimic the look of traditional wood or other materials, making them valuable assets in modern construction and design projects. The PVC Molding and Trim Device market is segmented into three segments including Application, End-Use Industry, and Geography. The PVC Molding And Trim Market by End-use Industry is divided into Commercial Construction, Residential Construction, and Industrial Construction. Based on the Application, the Global PVC Molding And Trim Market is segmented into Exterior Molding and Trims and Interior Molding and Trim. Furthermore, based on Geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The ‘Global PVC Molding And Trim Device Market’ is witnessing significant growth owing to various driving factors such as the growing building construction industry, surge in the application of PVC molding and trim across historic restoration, and rest of other factors. Expanding the construction sector is one of the key drivers of the PVC Molding And Trim Market. PVC trim and molding are widely utilized in residential and commercial construction for various applications such as window and door frames, exterior trim, and ornamental features. Because of its durability, adaptability, and minimal maintenance, PVC (Polyvinyl Chloride) molding and trim materials have many uses in construction and building. However, various substitute products made of different materials are available.
Thus, the wide range of substitute products and their availability worldwide are hampering the growth of the Global PVC Molding And Trim Market. Moreover, factors such as growing world population & urbanization, integration of PVC molding and trim with smart technology & smart city, amongst others, are creating new opportunities for the market to grow over the forecasted period. The market size of the ‘Global PVC Molding And Trim Market stood at USD 14,705.88 Million in 2022 and is projected to reach USD 23,241.07 Million by 2030. Asia Pacific accounted for the largest market share with a market value of USD 6,258.82 Million and is projected to grow at the highest CAGR of 7.08% during the forecast period. Europe was the second-largest market in 2022, with a value of USD 2,900.74 Million in 2022; it is projected to grow at a CAGR of 5.87%.
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Global PVC Molding And Trim Market: Segmentation Analysis
The Global PVC Molding And Trim Market is segmented on the basis of End-Use Industry, Application, and Geography.
PVC Molding And Trim Market, By End-Use Industry
- Commercial Construction
- Residential Construction
- Industrial Construction
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Based on End-Use Industry, the market is segmented into Commercial Construction, Residential Construction, and Industrial Construction. The Global PVC Molding And Trim Market is experiencing a scaled level of attractiveness in the Residential Construction segment. Residential Construction accounted for the largest market share in 2022 with a market value of USD 6,664.48 Million and is projected to grow at the highest CAGR of 7.03% during the forecast period. Commercial Construction was the second-largest market in 2022, with a value of USD 4,826.23 Million and it is projected to grow at a CAGR of 5.81%.
The residential industry encompasses a wide range of tasks and enterprises, including constructing, selling, maintaining, and repairing residential homes. The residential building sector has primarily driven tremendous growth in the global PVC Molding And Trim Market. PVC (polyvinyl chloride) molding and trim are crucial for enhancing the look and functionality of residential homes. PVC trim is widely utilized for exterior applications such as fascia boards, soffits, window surrounds, and decorative trims. It is the perfect material for preserving and beautifying the exterior of residential structures because of its resistance to dampness, termites, and rot. PVC moldings are used in various interior applications, such as chair rails, door casings, and baseboards. They provide a long-lasting and low-maintenance method of giving dwellings architectural elements and finishing touches.
PVC Molding And Trim Market, By Application
- Exterior Molding and Trim
- Interior Molding and Trim
Based on Technology, the market is segmented into Exterior Molding and Trim and Interior Molding and Trim. The Global PVC Molding And Trim Market is experiencing a scaled level of attractiveness in the Interior Molding and Trim segment. The Interior Molding and Trim segment has a prominent presence and holds the major share of the global market. Interior Molding and Trim accounted for the largest market share of in 2022, with a market value of USD 9,636.01 Million, and is projected to grow at the highest CAGR of 6.78% during the forecast period. Exterior Molding and Trim was the second-largest market in 2022, With a value of USD 5,069.87 Million in 2022; it is projected to grow at a CAGR of 4.87%.
Interior molding and trim are essential architectural and design elements used in residential and commercial spaces to enhance interior rooms’ aesthetic appeal and overall character. These decorative features can be applied to walls, ceilings, doors, floors, windows, and other architectural components. Interior molding and trim serve functional and decorative purposes, providing architectural detailing and adding visual interest to rooms. As more construction and renovation projects occur worldwide, the demand for interior molding and trim, including PVC trim, is expected to rise.
PVC Molding And Trim Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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On the basis of Regional Analysis, the Global PVC Molding And Trim Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The Global PVC Molding And Trim Market is experiencing a scaled level of attractiveness in the Asia Pacific region. Asia Pacific accounted for the largest market share of in 2022, with a market value of USD 6,258.82 Million, and is projected to grow at the highest CAGR of 7.08% during the forecast period. Europe was the second-largest market in 2022, with a value of USD 2,900.74 Million in 2022; it is projected to grow at a CAGR of 5.87%.
The Asia Pacific PVC Molding and Trim Device Market was influenced by several factors. The region’s expanding middle class, rising population, and urbanization, it is expanding at a healthy rate. In recent years, the Asia-Pacific area has been one of the greatest commercial building industry marketplaces and a booming office space market. In both China and India, there is an increasing need for office space. India’s commercial sector is growing, and the insulating capabilities of PVC molding and trim materials are making them increasingly popular. Flexibility, comfort, and convenience are factors driving the country’s need for office space.
Key Players
The “Global PVC Molding And Trim Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Royal Building Products, The Azek Company, CertainTeed Corporation, Fypon LLC, Ply Gem Holdings, Inteplast Group, KOMA Building Products, Smith Millwork Inc., Plastibec, and NuCedar Mills. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Company Market Ranking Analysis
The company ranking analysis provides a deeper understanding of the top 3 players operating the PVC Molding And Trim Market. VMR takes into consideration several factors before providing a company ranking. The top three players the Royal Building Products, The Azek Company, and CertainTeed Corporation. The factors considered for evaluating these players include the company’s brand value, product portfolio (including product variations, specifications, features, and price), company presence across major regions, product-related sales obtained by the company in recent years, and its share in total revenue. VMR further studies the company’s product portfolio based on the technologies adopted or new strategies undertaken by the company to enhance its market presence globally or regionally. We also consider the distribution network (online as well as offline) of the company which helps us to understand the company’s presence and foothold in various PVC Molding And Trim Markets.
Company Regional/Industry Footprint
The company’s regional section provides geographical presence, regional-level reach, or the respective company’s sales network presence. For instance, Royal Building Products has its presence globally i.e., in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. The product portfolio of the companies is classified in terms of their diversification as well as the number of products/services that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s products and services in various geographical regions and industries.
Ace Matrix
This section of the report provides an overview of the company evaluation scenario in the PVC Molding And Trim Market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as product portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2020-2030 |
| Base Year | 2023 |
| Forecast Period | 2024-2030 |
| Historical Period | 2020-2022 |
| Key Companies Profiled | Royal Building Products, The Azek Company, CertainTeed Corporation, Fypon LLC, Ply Gem Holdings, Inteplast Group, KOMA Building Products. |
| Segments Covered |
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| Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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