Title: Global Paint Protection Film Market Key Players, Share, Trend, Segmentation and Forecast to 2027
1Paint Protection Film Market to Reach USD 461.7
Million By 2027
2Market Summary
It is anticipated that growing customer
understanding of vehicle paint safety against
bug splatters, stone chipping, and abrasions
would boost the demand for the Paint Protection
Films (PPF) industry. Market Size USD 267.5
Million in 2019, Market Growth - CAGR of
6.9, Market Trends High demand from developing
nations. The global Paint Protection Film Market
is forecast to reach USD 461.7 Million by 2027,
according to a new report by Reports and Data.
Paint safety film is a thermoplastic coating that
cures when added to painted surfaces. The
product is commonly used in the automotive
industry to cover certain parts that are more
vulnerable to abrasion or harm. Paint safety film
is used in various parts of the vehicle, such as
a door panel, bonnet, front bumper, rear bumper,
side panel, side skirt, etc. The product prevents
the car from soil, wax, mud, bugs, etc. induced
by surface stains.
3Market Summary
The sector of Aerospace Defense is expected to
rise in the coming years at a growing CAGR due to
widespread usage of the substance to cover the
surfaces of the aircraft. It helps to shield the
glass-made pieces from debris, high impact
abrasion, and scratches. The material is used
both for aircraft interiors and exteriors. In
2018, the operating global commercial fleet was
projected at about 26,000 aircraft, which is
expected to rise to about 37,000 over the next
ten years. Thanks to the involvement of a large
number of component suppliers, North America is
a significant area in the paint film industry.
Another growth enabler on the business will be
growing aircraft and vehicle demand in the
domain. The U.S. now has more than 3,600 combat
aircraft, which, due to its increasing defense
expenditure, will increase more in the coming
years. Due to its proliferating electronics
industry, Asia Pacific is another crucial market
with a growing CAGR. As the product is commonly
used in the electronics industry to maintain the
surface of electrical devices, growing
development in this sector in the coming years
would result in increased demand for the paint
safety film market. The demand for paint
protection film is extremely competitive because
of the stable commodity prices and paint
protection film variety provided by various local
films and international players. Besides, raw
material quality is one of the main reasons for
producers to follow the specific market
requirements for the manufacture of protective
films for broad applications. REQUEST FREE
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4Market Summary
Key market players include Key participants
include Zhejiang Shichuang Optics Film
Manufacturing Co. Ltd., Avery Dennison
Corporation, Eastman Chemical Company, 3M, CCL
Industries, Reflek Technologies Corp., Xpel Inc.,
Hexis S.A., Saint-Gobain, and STEK USA, among
others. For the purpose of this report, Reports
and Data have segmented into the global Paint
Protection Film market on the basis of material,
finish, application, and region Material
Outlook (Volume, Kilo Tons 2017-2027) (Revenue,
USD Million 2017-2027) Thermoplastic
Polyurethane Polyvinyl Chloride Polyethylene
Terephthalate (PET) Polyester Others
5Market Summary
- Further key findings from the report suggest
- Finish Outlook (Volume, Kilotons 2017-2027,
Revenue, USD Million 2017-2027) Matte Finish - Gloss Finish
- Application Outlook (Volume, Kilo Tons
2017-2027) (Revenue, USD Million 2017-2027) - Automotive Transportation Electrical
Electronics Aerospace Defense - Others
- While the COVID-19 epidemic is growing,
manufacturers are increasingly adapting their
industry and buying approaches to satisfy the
demands of a pandemic that has established the
Paint Protection Film market- based need.
6About US
Reports and Data is a market research and
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that provides syndicated research reports,
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services. Our solutions purely focus on your
purpose to locate, target and analyze consumer
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Energy. We consistently update our research
offerings to ensure our clients are aware about
the latest trends existent in the market.
Reports and Data has a strong base of experienced
analysts from varied areas of expertise. Contact
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