HTF Market Intelligence released a new research on Paint Protection Film Market Outlook Key Futuristic Trends and Competitive Landscape Forecast 2022-2028′ with detailed analysis, forecast and strategies.Paint Protection Film Market Overview
Paint protection film is applied to painted surfaces of a new or used car which protects the paint from bug splatters, stone chips and minor abrasions. This film is also used on airplanes, Recreational Vehicles (RVs), cell phones, electronics, screens, motorcycles and many other areas. The paint protection film is Original Equipment Manufacturer (OEM) approved by virtually all car manufacturers. A Paint protection film is generally used to protect a panel that is likely to suffer from surface damage such as the front of the car, which is most likely to be the first place where stones may causes damage. When the PPF is worn out, it can be removed and replaced with new film, although still keeping the paintwork underneath perfectly safe. It can also be waxed, or treated with sealants or ceramic coatings, but these products are likely to behave and perform slightly differently owing to the difference between paintwork and plastic film. Ceramic coating is generally adopted, owing to the hydrophobic properties exhibited, leading to water repulsion by the protective layer, and increasing the shelf life of the film.
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The global paint protection film market is valued at 890.57 million USD in 2018 and will reach 1,359.91 million USD by the end of 2025, growing at a CAGR of 6.23% during 2018-2025.
Global Paint Protection Film Revenue by Manufacturers are 3M Company, Eastman Chemical Company, Avery Dennison Corporation, XPEL Technologies, Saint Gobain/Solar Gard, ORAFOL Europe GmbH, Schweitzer-Mauduit International, Sharpline Converting Inc., Hexis Graphics (Hexis SA), PremiumShield, Kansai Paint Co., Ltd, Others
Rising need of protective coatings for electronic products
Availability of multiple substitutes such as ceramic coatings
Adverse environmental effects of a number of paint protection films
Introduction to UV curable paint coating leading to surged demand
Rising adoption of paint protection coating in the aerospace industry
Global Paint Protection Film Revenue Comparison by Type
Global Paint Protection Film Revenue (USD Million) Comparison by Application
Global Paint Protection Film Market Size (USD Million) Comparison by Region
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