PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383508
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383508
According to SPER Market Research, 'Paint Protection Film Market Size- By Material, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Paint Protection Film Market is predicted to reach USD 0.84 billion by 2033 with a CAGR of 5.82%.
The paint protection films are made of polymeric materials with an adhesive end that allows them to stick to surfaces and shield them from elements including heat, UV rays, rust, scratches, dust, and stains. Numerous end industries, including automotive, aerospace, oil and gas, electrical and electronics, and many more, use paint protection films.
Furthermore, due to lockdowns and other functional restrictions implemented in different parts of the world as a result of the current coronavirus outbreak, there has been a decline in demand in the global market. Thus, the paint protection film industry has suffered. The demand for electrical products, whose manufacturing was suspended during the lockdown and which was significantly impacted by the extensive operation of the vehicle sector, is thought to be the key driver of the market.
Market size available for years: 2019-2033
Base year considered: 2022
Forecast period: 2023-2033
Segments covered: By Material, By Application
Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered: 3M, Avery Dennison Corporation, Eastman Chemical Company, Garware Hi-Tech Films Ltd., Hexis S.A.S, RENOLIT SE, Saint-Gobain S.A., XPEL Inc., Ziebart International Corporation., Others
By Material: Based on the Material, Global Paint Protection Film Market is segmented as; Polyvinyl chloride (PVC), Thermoplastic Polyurethane (TPU), Others.
By Application: Based on the Application, Global Paint Protection Film Market is segmented as; Aerospace & Defence, Automotive & Transportation, Electrical & Electronics, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.