IMARC Group’s latest research report, titled “Paint Protection Film Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global paint protection film market reached a value of US$ 311.58 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 432.8 Million by 2027, exhibiting a CAGR of 5.35% during 2022-2027. The paint protection film is a thermoplastic film composed of polymeric materials. The film offers protection to the surface while keeping it safe from adversities and external influences. It is extensively used for numerous applications across different end-user sectors, such as automotive, aerospace, healthcare, marine, oil and gas, and electronics.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by material, formulation type and end use industry.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Paint Protection Film Market
- Strategies of major players and product offerings
The global market is majorly driven by the rising product demand in the aerospace industry. Since paint protection films are widely utilized in aircraft to prevent vessels from oxidation and corrosion, this is propelling the market growth. Besides this, key market players are increasingly focusing on developing high-performance films, which is anticipated to create a positive market outlook. Several manufacturers are also investing in launching novel technologies to produce long-lasting films with excellent resistance, thus catalyzing the product demand. Furthermore, the rising demand for passenger and commercial vehicles is favorably influencing the market growth across the globe.
Key Players Included in Global Paint Protection Film Market Research Report:
- 3M Company
- Avery Dennison Corporation
- Compagnie de Saint-Gobain S.A.
- Eastman Chemical Company
- Grafityp
- Hexis S.A.S
- Kangde Xin Optical Film Materials (Shanghai) Co. Ltd.
- ORAFOL Europe GmbH
- Reflek Technologies Corporation
- Schweitzer-Mauduit International Inc.
- XPEL Inc.
- Ziebart International Corporation.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Material:
- Thermoplastic Polyurethane
- Polyvinyl Chloride
- Others
Breakup by Formulation Type:
- Water-based
- Solvent-based
Breakup by End Use Industry:
- Automotive and Transportation
- Electrical and Electronics
- Aerospace and Defense
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Paint Protection Film Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Paint Protection Film Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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