Paint Protection Film Market Incredible Possibilities, Growth and Forecasts Till 2022

Paint Protection Film Market Business Strategy,
Overview and Forecasts To 2022
“The paint protection film market is expected to witness a CAGR of 6.6% in the
forthcoming period. "
Global Paint Protection Film Market report provides in-depth analysis and insights into developments impacting
businesses and enterprises on global and regional level. The report covers the global Paint Protection Film Market
performance in terms of revenue contribution from various segments and includes a detailed analysis of key trends,
drivers, restraints, and opportunities influencing revenue growth of the global Paint Protection Film market. This report
studies the global Paint Protection Film Market size, industry status and forecast, competition landscape and growth
opportunity. This research report categorizes the global Paint Protection Film Market by companies, region, type and
end-use industry.
The global Paint Protection Film market is expected to reach USD 369.3 million by 2022. The market is driven by factors
such as growing rate of automobile such as cars, bikes, and the other high-end vehicles coupled with rise in disposable
income and increase in spending in automotive as well as OEM sector. The paint protection film market is expected to
witness a CAGR of 6.6% in the forthcoming period.
Economic stability acts as a booster for Paint Protection Film in a particular geographical market. Other than
automobiles and OEM, paint protection film is used against abrasion in smartphones, mobile phones, and the other
electronic items. Proliferation of paint protection films for these applications is a crucial factor for market development
in the near future.
Paint Protection Film is a robust thermoplastic urethane material applied to painted surfaces to protect the paint from
abrasions, bug splatters, mud, debris, sand, and stone chips. PPF films find uses in applications ranging from
automobiles, aircrafts, watercrafts, cell phones, smart gadgets, desktop, and laptop screens and many more. Service life
of a PPF also needs careful determination. Besides, the PPF films are extremely durable and there is low probability that
it may live a shorter life than the vehicle.
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The market witnesses several opportunities for development in near future, such as rising number of OEM and
electronic manufacturers, rise in young population with streamline, and customized demands for automobile paints and
presence of international brands. However, availability of cheap substitutes at reasonable prices contrary to the original
product availability at higher price coupled with high installation costs may fluctuate the market demand ultimately
creating challenges for market growth during the given forecast period.
The market is trifurcated into product, application, and geography. Geographical segmentation for Paint Protection Film
market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American market is
expected to rise at a staggering CAGR in the forthcoming period owing to rising penetration of paint protection films in
non-automotive applications coupled with presence of large pool of consumers.
On the other hand, European market is expected to follow the trend along with presence of OEMs and innovative
concepts for automotive paints. EU countries such as Germany and France are major manufacturer and suppliers of
paint protection films mainly for defense, automotive and aerospace domain. Asia-Pacific’s Paint Protection Film market
is anticipated to grow at a higher CAGR in the forecast period owing to flourishing market in South Korea, Japan, China
and India with the presence of PPF manufacturers and substitutes for international brands.
Middle East and African regions are anticipated to grow at a positive CAGR due to rising demand that caters to
automotive paint needs in the tropical climate. Shift in consumer patterns with cost benefits is likely to propel the local
market in MEA regions. The key players in the Paint Protection Film industry include 3M Company, Lubrizol, SunTek
Films, Solar Gard, Topaz, Avery Denison, Argotec, Premier Protective Films, and XPEL Technologies.
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Market Segment:
Paint Protection Film Application Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million; 2012 - 2022)
• Automotive
• Electrical & Electronics
• Aerospace & Defense
• Offshore
Paint Protection Film Regional Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million; 2012 - 2022)
• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China

• India
• Japan
• Central & South America
• Middle East & Africa
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