Market Revenue Paint Protection Film Market Product Category

Paint Protection Film Market Product Category, Sales, Share
Outlook by 2012-2022
“Paint Protection Film Market is expected to reach USD 369.3 million by 2022.
The market is driven by factors such as growing rate of automobile such as
cars, bikes, and the other high-end vehicles coupled with rise in disposable
income and increase in spending in automotive as well as OEM sector.”
The global Paint Protection Film Market is expected to reach USD 369.3 million by 2022. The market is driven
by factors such as growing rate of automobile such as cars, bikes, and the other high-end vehicles coupled with
rise in disposable income and increase in spending in automotive as well as OEM sector. The paint protection
film market is expected to witness a CAGR of 6.6% in the forthcoming period. Economic stability acts as a booster
for Paint Protection Film in a particular geographical market. Other than automobiles and OEM, paint protection
film is used against abrasion in smartphones, mobile phones, and the other electronic items. Proliferation of
paint protection films for these applications is a crucial factor for market development in the near future.
Paint Protection Film is a robust thermoplastic urethane material applied to painted surfaces to protect the
paint from abrasions, bug splatters, mud, debris, sand, and stone chips. PPF films find uses in applications
ranging from automobiles, aircrafts, watercrafts, cell phones, smart gadgets, desktop, and laptop screens and
many more. Service life of a PPF also needs careful determination. Besides, the PPF films are extremely durable
and there is low probability that it may live a shorter life than the vehicle. The market witnesses several
opportunities for development in near future, such as rising number of OEM and electronic manufacturers, rise
in young population with streamline, and customized demands for automobile paints and presence of
international brands. However, availability of cheap substitutes at reasonable prices contrary to the original
product availability at higher price coupled with high installation costs may fluctuate the market demand
ultimately creating challenges for market growth during the given forecast period.
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