Global VCM Laminated Board Market Growth 2026-2032
Description
The global VCM Laminated Board market size is predicted to grow from US$ 1568 million in 2025 to US$ 2204 million in 2032; it is expected to grow at a CAGR of 5.1% from 2026 to 2032.
Global sales of VCM laminated board reached 1,221,000 tons in 2025, with an average price of US$1,312 per ton.
VCM laminated board (Vinyl-Coated Metal, also commonly known as PET/PVC laminated sheet) is a new type of composite material made by hot-pressing one or more layers of highly decorative polymer films (PVC, PET, or composite films) onto the surface of thin metal sheets (cold-rolled, galvanized, aluminum, or stainless steel). It combines the strength of metal with the corrosion resistance, scratch resistance, easy cleaning, and colorful appearance of plastics, and is widely used in refrigerators, washing machines, high-end appliance panels, and interior decoration.
At present, color-coated boards can be divided into two series: pre-coated boards (PCM) and laminated boards (VCM) according to different product compounding methods. The difference between the two lies in the use of metal sheets as the base material and the surface composite materials. The VCM surface conforms to a polymer film, and the PCM surface is coated with polymer paint. Among them, VCM is mainly used in home appliance panels such as refrigerators and washing machines, as well as some high-end water heaters, building door panels and other fields; PCM series is mainly used in side and rear panels of home appliances such as refrigerators and washing machines, as well as microwave ovens, water heaters, small household appliances and other products. Due to the higher cost of coating, the sales price of VCM is higher than that of PCM.
The raw materials for VCM laminated panels consist of two parts: a metal substrate and a polymer film. The substrate is typically made of 0.3–0.6 mm galvanized, aluminized zinc, or stainless steel coils, accounting for approximately 60–68% of the cost. The surface film is mainly PVC, PET, or composite film. Imported films (LG Hausys, Renolit) cost 14–17 RMB/m², while domestic films can be as low as 10–11 RMB/m². The film material accounts for 20–30% of the total production cost, with the remainder being hot melt adhesive, protective film, energy consumption, and labor. Therefore, steel prices are the primary variable determining the cost fluctuation of VCM panels, while the quality of the film material determines the price difference per square meter.
LP Information, Inc. (LPI) ' newest research report, the “VCM Laminated Board Industry Forecast” looks at past sales and reviews total world VCM Laminated Board sales in 2025, providing a comprehensive analysis by region and market sector of projected VCM Laminated Board sales for 2026 through 2032. With VCM Laminated Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VCM Laminated Board industry.
This Insight Report provides a comprehensive analysis of the global VCM Laminated Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on VCM Laminated Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VCM Laminated Board market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VCM Laminated Board and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global VCM Laminated Board.
This report presents a comprehensive overview, market shares, and growth opportunities of VCM Laminated Board market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Steel Plate
Aluminum Plate
Segmentation by Film Material:
PVC Laminated Panels
PET Laminated Panels
Segmentation by Substrate:
Galvanized Steel Sheet
Cold-Rolled Steel Sheet
Electro-Galvanized
Aluminum Sheet
Stainless Steel Sheet
Other
Segmentation by Application:
Refrigerator
Air Conditioner
Elevator
Cupboard
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Qingdao Hegang New Material Technology
Jiangsu LIBA Enterprise Joint-Stock
SPEEDBIRD
Suzhou Hesheng Special Material
New Swallow
Shenzhen Welmetal Steel Sheet
Jiangyin Haimei Metal New Material
Suzhou Yangtze New Materials
Anhui Wall Huang Cai Aluminum Technology
DK Dongshin
DCM CORP
SAMYANG METAL
BN STEELA
Key Questions Addressed in this Report
What is the 10-year outlook for the global VCM Laminated Board market?
What factors are driving VCM Laminated Board market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do VCM Laminated Board market opportunities vary by end market size?
How does VCM Laminated Board break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Global sales of VCM laminated board reached 1,221,000 tons in 2025, with an average price of US$1,312 per ton.
VCM laminated board (Vinyl-Coated Metal, also commonly known as PET/PVC laminated sheet) is a new type of composite material made by hot-pressing one or more layers of highly decorative polymer films (PVC, PET, or composite films) onto the surface of thin metal sheets (cold-rolled, galvanized, aluminum, or stainless steel). It combines the strength of metal with the corrosion resistance, scratch resistance, easy cleaning, and colorful appearance of plastics, and is widely used in refrigerators, washing machines, high-end appliance panels, and interior decoration.
At present, color-coated boards can be divided into two series: pre-coated boards (PCM) and laminated boards (VCM) according to different product compounding methods. The difference between the two lies in the use of metal sheets as the base material and the surface composite materials. The VCM surface conforms to a polymer film, and the PCM surface is coated with polymer paint. Among them, VCM is mainly used in home appliance panels such as refrigerators and washing machines, as well as some high-end water heaters, building door panels and other fields; PCM series is mainly used in side and rear panels of home appliances such as refrigerators and washing machines, as well as microwave ovens, water heaters, small household appliances and other products. Due to the higher cost of coating, the sales price of VCM is higher than that of PCM.
The raw materials for VCM laminated panels consist of two parts: a metal substrate and a polymer film. The substrate is typically made of 0.3–0.6 mm galvanized, aluminized zinc, or stainless steel coils, accounting for approximately 60–68% of the cost. The surface film is mainly PVC, PET, or composite film. Imported films (LG Hausys, Renolit) cost 14–17 RMB/m², while domestic films can be as low as 10–11 RMB/m². The film material accounts for 20–30% of the total production cost, with the remainder being hot melt adhesive, protective film, energy consumption, and labor. Therefore, steel prices are the primary variable determining the cost fluctuation of VCM panels, while the quality of the film material determines the price difference per square meter.
LP Information, Inc. (LPI) ' newest research report, the “VCM Laminated Board Industry Forecast” looks at past sales and reviews total world VCM Laminated Board sales in 2025, providing a comprehensive analysis by region and market sector of projected VCM Laminated Board sales for 2026 through 2032. With VCM Laminated Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VCM Laminated Board industry.
This Insight Report provides a comprehensive analysis of the global VCM Laminated Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on VCM Laminated Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global VCM Laminated Board market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VCM Laminated Board and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global VCM Laminated Board.
This report presents a comprehensive overview, market shares, and growth opportunities of VCM Laminated Board market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Steel Plate
Aluminum Plate
Segmentation by Film Material:
PVC Laminated Panels
PET Laminated Panels
Segmentation by Substrate:
Galvanized Steel Sheet
Cold-Rolled Steel Sheet
Electro-Galvanized
Aluminum Sheet
Stainless Steel Sheet
Other
Segmentation by Application:
Refrigerator
Air Conditioner
Elevator
Cupboard
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Qingdao Hegang New Material Technology
Jiangsu LIBA Enterprise Joint-Stock
SPEEDBIRD
Suzhou Hesheng Special Material
New Swallow
Shenzhen Welmetal Steel Sheet
Jiangyin Haimei Metal New Material
Suzhou Yangtze New Materials
Anhui Wall Huang Cai Aluminum Technology
DK Dongshin
DCM CORP
SAMYANG METAL
BN STEELA
Key Questions Addressed in this Report
What is the 10-year outlook for the global VCM Laminated Board market?
What factors are driving VCM Laminated Board market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do VCM Laminated Board market opportunities vary by end market size?
How does VCM Laminated Board break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
112 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for VCM Laminated Board by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for VCM Laminated Board by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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