Market Overview:
The global paint protection film market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automotive, electrical & electronics, aerospace & defense, and other applications across the globe. In terms of type, PVC type paint protection film is expected to hold a major share in the global market due to its low cost and easy installation process as compared to PU and TPU type paint protection films. However, TPU type paint protection film is projected to grow at a higher CAGR during the forecast period owing to its superior properties such as high abrasion resistance and tear strength.
Product Definition:
A film that is applied to a vehicle's paintwork in order to protect it from scratches, chips and other forms of damage.
PVC Type Paint Protection Film:
PVC type paint protection film is a thin plastic sheet that is laminated over the surface of any paint or coating. It protects the original finish of a product from damage caused by chemicals, pollution, heat, and abrasion. PVC type paints are widely used in industries such as construction and automotive where vehicles are frequently exposed to road salts, acid rains, extreme temperatures and other environmental pollutants.
PU Type Paint Protection Film:
Paint Protection Films (PPF) are thin films that are applied to paint protection and enhance its shelf life. PPFs Market is driven by the growing automotive industry, especially in emerging markets of Asia Pacific and Latin America. The growth of the automotive sector has been responsible for driving innovation in terms of technology as well as application scope over the past few years.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by rising vehicle sales and growing urbanization leading to an increase in construction activities. Rising consumer disposable income levels coupled with increasing spending on automobiles is likely to fuel the demand for paint protection films over the forecast period.
Automotive was followed by electrical & electronics as the second-largest segment owing to high product usage in this industry. Paint protection films are used for exterior as well as interior applications on vehicles including cars, buses, trucks and others.
Regional Analysis:
The Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as automotive, electrical & electronics, and aerospace & defense. In addition, increasing investments by governments in developing countries are anticipated to drive regional growth over the coming years.
Europe was another major contributor with a revenue share of more than 20% in 2017 owing to high acceptance of protective films due to their superior performance characteristics as compared to other paints including ceramic coatings and powder coating systems. Moreover, presence of stringent regulations regarding vehicular safety is also one of the key factors driving product demand across this region.
Growth Factors:
- Increasing demand for luxury cars and sports cars
- Rising disposable income of consumers in developing countries
- Technological advancements in paint protection film products
- Growing awareness about the benefits of paint protection films among consumers
- Increasing number of car dealerships and automotive service centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint Protection Film Market Research Report
By Type
PVC Type Paint Protection Film, PU Type Paint Protection Film, TPU Type Paint Protection Film
By Application
Automotive, Electrical & Electronics, Aerospace & Defense, Others
By Companies
3M Company, Eastman, Avery Denison, XPEL, Solar Gard (Saint-Gobain), Orafol, Argotec, Sharpline Converting, Hexis Graphics (Hexis SA), PremiumShield
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Paint Protection Film Market Report Segments:
The global Paint Protection Film market is segmented on the basis of:
Types
PVC Type Paint Protection Film, PU Type Paint Protection Film, TPU Type Paint Protection Film
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical & Electronics, Aerospace & Defense, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M Company
- Eastman
- Avery Denison
- XPEL
- Solar Gard (Saint-Gobain)
- Orafol
- Argotec
- Sharpline Converting
- Hexis Graphics (Hexis SA)
- PremiumShield
Highlights of The Paint Protection Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PVC Type Paint Protection Film
- PU Type Paint Protection Film
- TPU Type Paint Protection Film
- By Application:
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paint Protection Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paint Protection Film is a thin, clear sheet of plastic that is applied to the exterior of a car or other object to protect it from scratches and other damage.
Some of the major companies in the paint protection film market are 3M Company, Eastman, Avery Denison, XPEL, Solar Gard (Saint-Gobain), Orafol, Argotec, Sharpline Converting, Hexis Graphics (Hexis SA), PremiumShield.
The paint protection film market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paint Protection Film Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Paint Protection Film Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paint Protection Film Market - Supply Chain
4.5. Global Paint Protection Film Market Forecast
4.5.1. Paint Protection Film Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paint Protection Film Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paint Protection Film Market Absolute $ Opportunity
5. Global Paint Protection Film Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Paint Protection Film Market Size and Volume Forecast by Type
5.3.1. PVC Type Paint Protection Film
5.3.2. PU Type Paint Protection Film
5.3.3. TPU Type Paint Protection Film
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paint Protection Film Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Paint Protection Film Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical & Electronics
6.3.3. Aerospace & Defense
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paint Protection Film Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Paint Protection Film Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Paint Protection Film Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Paint Protection Film Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Paint Protection Film Demand Share Forecast, 2019-2029
9. North America Paint Protection Film Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Paint Protection Film Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Paint Protection Film Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical & Electronics
9.4.3. Aerospace & Defense
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paint Protection Film Market Size and Volume Forecast by Type
9.7.1. PVC Type Paint Protection Film
9.7.2. PU Type Paint Protection Film
9.7.3. TPU Type Paint Protection Film
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Paint Protection Film Demand Share Forecast, 2019-2029
10. Latin America Paint Protection Film Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Paint Protection Film Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Paint Protection Film Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical & Electronics
10.4.3. Aerospace & Defense
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paint Protection Film Market Size and Volume Forecast by Type
10.7.1. PVC Type Paint Protection Film
10.7.2. PU Type Paint Protection Film
10.7.3. TPU Type Paint Protection Film
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Paint Protection Film Demand Share Forecast, 2019-2029
11. Europe Paint Protection Film Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Paint Protection Film Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Paint Protection Film Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical & Electronics
11.4.3. Aerospace & Defense
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paint Protection Film Market Size and Volume Forecast by Type
11.7.1. PVC Type Paint Protection Film
11.7.2. PU Type Paint Protection Film
11.7.3. TPU Type Paint Protection Film
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Paint Protection Film Demand Share, 2019-2029
12. Asia Pacific Paint Protection Film Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Paint Protection Film Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Paint Protection Film Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical & Electronics
12.4.3. Aerospace & Defense
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paint Protection Film Market Size and Volume Forecast by Type
12.7.1. PVC Type Paint Protection Film
12.7.2. PU Type Paint Protection Film
12.7.3. TPU Type Paint Protection Film
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Paint Protection Film Demand Share, 2019-2029
13. Middle East & Africa Paint Protection Film Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Paint Protection Film Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Paint Protection Film Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical & Electronics
13.4.3. Aerospace & Defense
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paint Protection Film Market Size and Volume Forecast by Type
13.7.1. PVC Type Paint Protection Film
13.7.2. PU Type Paint Protection Film
13.7.3. TPU Type Paint Protection Film
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Paint Protection Film Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Paint Protection Film Market: Market Share Analysis
14.2. Paint Protection Film Distributors and Customers
14.3. Paint Protection Film Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eastman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Avery Denison
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. XPEL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solar Gard (Saint-Gobain)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Orafol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Argotec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sharpline Converting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hexis Graphics (Hexis SA)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PremiumShield
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook