The format is not the limitation, but audio engineers (for major studios anyway) tend to crank the volume up on CDs more often than vinyl releases. https://en.wikipedia.org/wiki/Loudness_war
Dynamic range is less of a problem.
"Mastering engineer Bob Ludwig created ultra-loud master of Led Zeppelin II, but his version was pulled when it skipped on a record player owned by Atlantic boss Ahmet Ertegün’s daughter"