vinyl n.

"polymeric substance derived from vinyl compounds," 1930, polymer of vinyl chloride. In chemistry, vinyl was used from 1863 as the name of a univalent radical derived from ethylene, from Latin vinum "wine" (see wine (n.)), because ethyl alcohol is the ordinary alcohol present in wine.

Old English weax "substance made by bees," from Proto-Germanic *wahsam (source also of Old Saxon, Old High German wahs, Old Norse vax, Dutch was, German Wachs), from PIE root *wokso- "wax" (source also of Old Church Slavonic voskŭ, Lithuanian vaškas, Polish wosk, Russian vosk "wax" (but these may be from Germanic).

Used of other similar substances from 18c. Slang for "gramophone record" is from 1932, American English (until the early 1940s, most original records were made by needle-etching onto a waxy disk which was then metal-plated to make a master). Waxworks "exhibition of wax figures representing famous or notorious persons" first recorded 1796.

Old English win "wine," from Proto-Germanic *winam (source also of Old Saxon, Old Frisian, Old High German win, Old Norse vin, Dutch wijn, German Wein), an early borrowing from Latin vinum "wine," from PIE *uoin-a-, related to words for "wine" in other southern European languages (Greek oinos, Albanian Ghegvênë), also Armenian (gini), Hittite (uiian(a)-), and non-Indo-European Georgian and West Semitic (Arabic wain, Hebrew yayin).

According to Watkins, probably from a lost Mediterranean language word *win-/*woin- "wine." However, Beekes argues that the word is of Indo-European origin, related to Greek itea "willow," Latin vītis "vine," and other words, and they may be derived from the root *wei- "to turn, bend."

As the wild vine was indigenous in southern Russia and in certain parts of central Europe, this assumption is acceptable from a historical point of view. However, as the cultivation of the vine started in the Mediterranean region, in the Pontus area and in the south of the Caucasus, most scholars are inclined to look for the origin of the word in these countries. This would point to non-IE origin. However, if we put the homeland of viticulture in the Pontus and the northern Balkans, the word for 'wine' might come from there. [Beekes] 

Also from Latin vinum (some perhaps via Germanic) are Old Church Slavonic vino, Polish wino, Russian vino, Lithuanian vynas, Welsh gwin, Old Irish fin, Gaelic fion. Essentially the same word as vine (q.v.). Wine snob is recorded from 1951. Wine cellar is from late 14c. Wine-cooler is 1815 as "vessel in which bottled wine is kept cool;" by 1977 as a type of wine-based beverage.