The Global Paint Protection Film Market size is expected to reach market growth in the forecast period of 2020 to 2025, with a CAGR of 7.4 % in the forecast period of 2020 to 2025.
Paint Protection Film Market delivers a succinct analysis on industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
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Market Analysis of Paint Protection Film –
The rising inclination and the associated investment by end users of automotive cars have motivated the employment of paint protection film on manufacturing end as well as repair & servicing, thereby powering the market to a great level.
Paint protection films come under automotive protective coating, which comprises adhesion of a translucent film made of polymers on the external surface of an automotive car. Conventionally, paint protection films have been used by the end users in passenger cars all over the world. Paint protection films ensure durability of coating base and paint and preserve it in opposition to extreme weather conditions which can lead to corrosion of the vehicle body or fading of color shade. Another related benefit of paint protection film is that it protects the vehicle surface from stone chips and road gravels, thereby preventing any small abrasions or dents caused by the agents. The process comprises precision coating that is applied by a mixture of automated and manual techniques undergoing a range of quality checks before the final launch of the car in a service center or OEM facility. Paint protection film can be also named as value added offering apart from automotive coatings and paints process.
The global paint protection film market can be divided by basis of formulation type into water based system, solvent based system, and others. The global paint protection film market can be divided by coating type into top coat based and multilayer based. The global paint protection film market can be divided by finish into matt finish and gloss finish. The global paint protection film market can be divided by application into vehicle body and lighting parts. The global paint protection film market can be divided by end use into OEM and aftermarket.
Paint Protection Film Manufacturers:
The major players included in the global paint protection film market forecast are,
- 3M, Hexis S.A.
- Eastman Chemical Company
- NDFOS Co., Ltd.
- Saint Gobain
- Lubrizol Corporation
Paint Protection Film Market Key Segments:
By Material: Thermoplastic Polyurethane, Polyvinyl Chloride, Others
By End-use : Automotive, Electronics, Construction, Others
Efforts At Offering Of Affordable Installation Techs Aimed By The Paint Protection Film Makers To Power The Global Paint Protection Film Market
The rising inclination and the associated investment by end users of automotive cars have motivated the employment of paint protection film on manufacturing end as well as repair & servicing, thereby powering the market to a great level. In addition to this, with the developing paint protection films market, the sector has been undergoing a range of product innovations integrated with suitable compositions to provide enhanced aesthetics and performance characteristics in the long run. Efforts at offering of affordable installation techs is being aimed by the paint protection film makers as well as other value chain players such as service providers and installers of the global paint protection films market. The global market for paint protection films is also predicted to attain significant traction in the world due to it related profits and trade margins earned by automotive OEMs as well as service suppliers thus encouraging its use.
Western Europe, North America, And Japan Are Identified As Major Market For The Global Paint Protection Film Market
Western Europe, North America, and Japan are identified as major market for the global paint protection film market due to rising per capita passenger density all over the area. In terms of developing markets, China, followed by India, is predicted to clock above average development for the global paint protection films market owing to rising user base. Middle East & Africa is also predicted to develop with relatively same development rate due to high refurbishment market of automotive.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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