Physical Vapor Deposition Faucet Finishes Market To Reach $19.64 Billion By 2030

Physical Vapor Deposition Faucet Finishes Market Growth & Trends

The global physical vapor deposition faucet finishes market size is estimated to reach USD 19.64 billion by 2030, registering to grow at a CAGR of 7.3% from 2024 to 2030 according to a new report by Grand View Research, Inc. Increasing expenditure on renovation by hotel groups and rise in home constructions are expected to drive demand for PVD faucet finishes. Increasing urbanization is another factor fueling market growth.

Physical Vapor Deposition (PVD) refers to the process of bonding a finish to a faucet. This process is preferred over powder coating, atomic layer deposition, and electroplating as faucets with PVD finishes offer resistance to scratches, wear and tear, and corrosion, and enhance durability. Several faucet manufacturing companies have been using this process in place of conventional electroplating processes.

North America and Europe are major travel destinations and the growing number of visitors is boosted the hotel and lodging industry in these regions. This, in turn, has fueled expenditure on building new hotels and rooms with advanced technologies and classic as well as unique interior fixtures. As a result, demand for different types of PVD faucet finishes is anticipated to be on the rise over the forecast period.

The global housing market is also expected to contribute significantly to the U.S., China, and Germany market for PVD faucet finishes. Rise in residential construction has led to demand for additional housing faucets, including bathroom and kitchen faucets and related fixtures and this is likely to fuel market growth in the coming years.

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Physical Vapor Deposition Faucet Finishes Market Report Highlights

• The nickel segment dominated in 2023 with a revenue share of 37.1%. The growing demand for high-quality, visually appealing, and durable faucet finishes encourages market growth.

• The home use segment dominated the market in 2023 with a share of 61.6%. Rapid urbanization and increased disposable income have led to customers adopting interior customization.

• The hotel use segment is expected to grow at a CAGR of 7.6% during the forecast period.

• Asia Pacific dominated the physical vapor deposition (PVD) faucet finishes market with a market share of 46.5% in 2023.

Physical Vapor Deposition Faucet Finishes Market Segmentation

Grand View Research has segmented the global physical vapor deposition faucet finishes market based on color, application and region:

Physical Vapor Deposition Faucet Finishes Color Outlook (Revenue, USD Billion, 2018 - 2030)

• Chrome

• Nickel

• Rose

• Black

• Gold

Physical Vapor Deposition Faucet Finishes Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Home Use

• Hotel Use

Physical Vapor Deposition Faucet Finishes Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

List of Key Players in Physical Vapor Deposition Faucet Finishes Market

• Kohler Co.

• Delta Faucet Company

• Moen Inc.

• Grohe AG

• TOTO LTD

• Hansgrohe

• LIXIL Corporation

• Bold International

• American Standard

• Dornbracht GmbH