Paint Protection Film Market By Application - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 80 Category: Advanced Materials Report Code : CM05742
Industry Outlook and Trend Analysis
The Paint Protection Film Market was worth USD 223.56 million in 2017 and is expected to reach approximately USD 401.43 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.72% during the forecast period. The dynamics of the industry are anticipated to be vigorously impacted by usage drifts in developing markets, especially considering the development of end-use ventures, for example, defence and electronics, automobiles, growing manufacturing sector and urbanization. Changing way of life alongside switch in inclination towards keeping in place the completing and look of the vehicle is a key attribute in customers' purchasing criteria. PPF is a thermoplastic urethane film which is broadly used to protect helpless surfaces of automotive, for example, bumpers, body cavities, hoods, edges, and door handles, from stone chipping, bug splatters, and abrasions against different surfaces.
Application Outlook and Trend Analysis
Automotive was the main application fragment and represented more than 75% of the general consumption in 2017. There are two primary factors that relate to the high infiltration level of PPF in the section, i.e., rising offers of premium or high-end luxury automobiles, and awareness among their purchasers in regards to vehicle support and secondary selling care. With progressive transfer of automotive technologies to the Asian locale, and development of aftersales benefits in the district, automotive section should pull in significant demand in the following years.
Regional Outlook and Trend Analysis
From the consumer perspective, expanded discretionary income has prompted more extensive scope of decisions for vehicle purchasers, and resulting development of custom automobile part. Based on these two elements, India, Indonesia, China, Indonesia, Malaysia, Japan, and South Korea are touted to be major demand centres for the paint protection film market. In correlation, North America and Europe, being the spearheading districts for the PPF business have achieved immersion.
Competitive Insights
The leading players in the market are XPEL Technologies Corp, Argotec, Topaz, Premier Protective Films International, M&Co, Avery Dennison, Lubrizol, and Solar Gard. The business' opposition can be depicted on two fronts. The first one is, increasing R&D activities done by manufacturers of the product. While the last being, installer's edges. Regarding producing, the industry has achieved a phase where cost based rivalry has turned out to be out of date because of the development of small-scale household organizations.
The Paint Protection Film Market is segmented as follows-
By Application:
- Electrical & Electronics
- Automotive
- Aerospace & Defence
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Paint Protection Film Market, By Application, Estimates and Forecast, 2014-2023($Million)
· Automotive
· Electrical & Electronics
· Aerospace & Defense
· Other Applications
· Paint Protection Film Market, By Region, Estimates and Forecast, 2014-2023($Million)
o North America
§ North America Paint Protection Film Market, By Country
o U.S. Paint Protection Film Market
o Canada Paint Protection Film Market
o Mexico Paint Protection Film Market
o Europe
§ Europe Paint Protection Film Market, By Country
o Germany Paint Protection Film Market
o UK Paint Protection Film Market
o France Paint Protection Film Market
o Russia Paint Protection Film Market
o Italy Paint Protection Film Market
o Rest of Europe Paint Protection Film Market
o Asia-Pacific
§ Asia-Pacific Paint Protection Film Market, By Country
o China Paint Protection Film Market
o Japan Paint Protection Film Market
o South Korea Paint Protection Film Market
o India Paint Protection Film Market
o Southeast Asia Paint Protection Film Market
o Rest of Asia-Pacific Paint Protection Film Market
o South America
§ South America Paint Protection Film Market
o Brazil Paint Protection Film Market
o Argentina Paint Protection Film Market
o Columbia Paint Protection Film Market
o South Africa Paint Protection Film Market
o Rest of South America Paint Protection Film Market
o Middle East and Africa
§ Middle East and Africa Paint Protection Film Market
o Saudi Arabia Paint Protection Film Market
o UAE Paint Protection Film Market
o Egypt Paint Protection Film Market
o Nigeria Paint Protection Film Market
o South Africa Paint Protection Film Market
o Rest of MEA Paint Protection Film Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Consumer Awareness
3.2.1.2. Growth of Automotive Industry
3.2.2. Restraints
3.2.2.1. High Installation Cost
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Paint Protection Film Market, By Application
5.1. Introduction
5.2. Global Paint Protection Film Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Paint Protection Film Sales and Sales Share by Application (2017-2017)
5.2.2. Global Paint Protection Film Revenue and Revenue Share by Application (2017-2017)
5.3. Paint Protection Film Market Assessment and Forecast, By Application, 2017-2023
5.4. Automotive
5.4.1. Global Automotive Sales and Growth Rate (2017-2027)
5.5. Electrical & Electronics
5.5.1. Global Electrical & Electronics Sales and Growth Rate (2017-2027)
5.6. Aerospace & Defense
5.6.1. Global Aerospace & Defense Sales and Growth Rate (2017-2027)
5.7. Other Applications
5.7.1. Global Other Applications Sales and Growth Rate (2017-2027)
6. Paint Protection Film Market, By Region
6.1. Introduction
6.2. Global Paint Protection Film Sales, Revenue and Market Share by Regions
6.2.1. Global Paint Protection Film Sales by Regions (2017-2027)
6.2.2. Global Paint Protection Film Revenue by Regions (2017-2027)
6.3. North America Paint Protection Film by Countries
6.3.1. North America Paint Protection Film Sales and Growth Rate (2017-2027)
6.3.2. North America Paint Protection Film Revenue and Growth Rate (2017-2027)
6.3.3. North America Paint Protection Film Sales by Countries (2017-2027)
6.3.4. North America Paint Protection Film Revenue (Million USD) by Countries (2017-2027)
6.3.5. U.S.
6.3.5.1. United States Paint Protection Film Sales and Growth Rate (2017-2027)
6.3.5.2. United States Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.6. Canada
6.3.6.1. Canada Paint Protection Film Sales and Growth Rate (2017-2027)
6.3.6.2. Canada Paint Protection Film Sales (Millions USD) and Growth Rate (2017-2027)
6.3.7. Mexico
6.3.7.1. Mexico Paint Protection Film Sales and Growth Rate (2017-2027)
6.3.7.2. Mexico Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4. Europe Paint Protection Film by Countries
6.4.1. Europe Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.2. Europe Paint Protection Film Revenue and Growth Rate (2017-2027)
6.4.3. Europe Paint Protection Film Sales by Countries (2017-2027)
6.4.4. Europe Paint Protection Film Revenue (Million USD) by Countries (2017-2027)
6.4.5. Germany
6.4.5.1. Germany Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.5.2. Germany Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.6. UK
6.4.6.1. UK Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.6.2. UK Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.7. France
6.4.7.1. France Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.7.2. France Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.8. Russia
6.4.8.1. Russia Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.8.2. Russia Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.9. Italy
6.4.9.1. Italy Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.9.2. Italy Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.10. Rest of Europe
6.4.10.1. Rest of Europe Paint Protection Film Sales and Growth Rate (2017-2027)
6.4.10.2. Rest of Europe Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5. Asia-Pacific
6.5.1. Asia-Pacific Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.2. Asia-Pacific Paint Protection Film Revenue and Growth Rate (2017-2027)
6.5.3. Asia-Pacific Paint Protection Film Sales by Countries (2017-2027)
6.5.4. Asia-Pacific Paint Protection Film Revenue (Million USD) by Countries (2017-2027)
6.5.5. China
6.5.5.1. China Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.5.2. China Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6. Japan
6.5.6.1. Japan Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.6.2. Japan Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6.3.
6.5.7. Korea
6.5.7.1. Korea Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.7.2. Korea Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.8. India
6.5.8.1. India Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.8.2. India Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.9. Southeast Asia
6.5.9.1. Southeast Asia Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.9.2. Southeast Asia Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.10. Rest of Asia-Pacific
6.5.10.1. Rest of Asia-Pacific Paint Protection Film Sales and Growth Rate (2017-2027)
6.5.10.2. Rest of Asia-Pacific Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.6. South America
6.6.1. South America Paint Protection Film Sales and Growth Rate (2017-2027)
6.6.2. South America Paint Protection Film Revenue and Growth Rate (2017-2027)
6.6.3. South America Paint Protection Film Sales by Countries (2017-2027)
6.6.4. South America Paint Protection Film Revenue (Million USD) by Countries (2017-2027)
6.6.5. Brazil
6.6.5.1. Brazil Paint Protection Film Sales and Growth Rate (2017-2027)
6.6.5.2. Brazil Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.6. Argentina
6.6.6.1. Argentina Paint Protection Film Sales and Growth Rate (2017-2027)
6.6.6.2. Argentina Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.7. Columbia
6.6.7.1. Columbia Paint Protection Film Sales and Growth Rate (2017-2027)
6.6.7.2. Columbia Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.8. Rest of South America
6.6.8.1. Rest of South America Paint Protection Film Sales and Growth Rate (2017-2027)
6.6.8.2. Rest of South America Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7. Middle East and Africa
6.7.1. Middle East and Africa Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.2. Middle East and Africa Paint Protection Film Revenue and Growth Rate (2017-2027)
6.7.3. Middle East and Africa Paint Protection Film Sales by Countries (2017-2027)
6.7.4. Middle East and Africa Paint Protection Film Revenue (Million USD) by Countries (2017-2027)
6.7.5. Saudi Arabia
6.7.5.1. Saudi Arabia Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.5.2. Saudi Arabia Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.6. United Arab Emirates
6.7.6.1. United Arab Emirates Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.6.2. United Arab Emirates Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.7. Egypt
6.7.7.1. Egypt Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.7.2. Egypt Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.8. Nigeria
6.7.8.1. Nigeria Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.8.2. Nigeria Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.9. South Africa
6.7.9.1. South Africa Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.9.2. South Africa Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.10. Rest of Middle East and Africa
6.7.10.1. Rest of Middle East and Africa Paint Protection Film Sales and Growth Rate (2017-2027)
6.7.10.2. Rest of Middle East and Africa Paint Protection Film Revenue (Millions USD) and Growth Rate (2017-2027)
7. Company Profiles
7.1. 3M Company
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Sales, Revenue and Market Share
7.2. Hexis Graphics
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Sales, Revenue and Market Share
7.3. Eastman
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Sales, Revenue and Market Share
7.4. Paint Shield
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Sales, Revenue and Market Share
7.5. Topaz Detailing
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Sales, Revenue and Market Share
7.6. Llumar
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Sales, Revenue and Market Share
7.7. PremiumShield
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Sales, Revenue and Market Share
7.8. Solar Gard
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Sales, Revenue and Market Share
7.9. SunTek Films
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Sales, Revenue and Market Share
7.10. Himark Paint Protective Film Ltd.
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Sales, Revenue and Market Share
8. Global Paint Protection Film Market Competition, by Manufacturer
8.1. Global Paint Protection Film Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Paint Protection Film Revenue and Market Share by Manufacturer (2017-2017)
8.3. Global Paint Protection Film Price by Manufacturer (2017-2017)
8.4. Top 5 Paint Protection Film Manufacturer Market Share
8.5. Market Competition Trend
9. Paint Protection Film Market Forecast (2027-2023)
9.1. Global Paint Protection Film Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
9.2. Paint Protection Film Market Forecast by Regions (2027-2023)
9.2.1. North America Paint Protection Film Market Forecast (2027-2023)
9.2.1.1. United States Paint Protection Film Market Forecast (2027-2023)
9.2.1.2. Canada Paint Protection Film Market Forecast (2027-2023)
9.2.1.3. Mexico Paint Protection Film Market Forecast (2027-2023)
9.2.2. Europe Paint Protection Film Market Forecast (2027-2023)
9.2.2.1. Germany Paint Protection Film Market Forecast (2027-2023)
9.2.2.2. United Kingdom Paint Protection Films Market Forecast (2027-2023)
9.2.2.3. France Paint Protection Film Market Forecast (2027-2023)
9.2.2.4. Russia Paint Protection Film Market Forecast (2027-2023)
9.2.2.5. Italy Paint Protection Film Market Forecast (2027-2023)
9.2.2.6. Rest of the Europe Paint Protection Film Market Forecast (2027-2023)
9.2.3. Asia-Pacific Paint Protection Film Market Forecast (2027-2023)
9.2.3.1. China Paint Protection Film Market Forecast (2027-2023)
9.2.3.2. Japan Paint Protection Film Market Forecast (2027-2023)
9.2.3.3. Korea Paint Protection Film Market Forecast (2027-2023)
9.2.3.4. India Paint Protection Film Market Forecast (2027-2023)
9.2.3.5. Southeast Asia Paint Protection Film Market Forecast (2027-2023)
9.2.3.6. Rest of Asia-Pacific Paint Protection Film Market Forecast (2027-2023)
9.2.4. South America Paint Protection Film Market Forecast (2027-2023)
9.2.4.1. Brazil Paint Protection Film Market Forecast (2027-2023)
9.2.4.2. Argentina Paint Protection Film Market Forecast (2027-2023)
9.2.4.3. Columbia Paint Protection Film Market Forecast (2027-2023)
9.2.4.4. Rest of South America Paint Protection Film Market Forecast (2027-2023)
9.2.5. Middle East and Africa Paint Protection Film Market Forecast (2027-2023)
9.2.5.1. Saudi Arabia Paint Protection Film Market Forecast (2027-2023)
9.2.5.2. UAE Paint Protection Film Market Forecast (2027-2023)
9.2.5.3. Egypt Paint Protection Film Market Forecast (2027-2023)
9.2.5.4. Nigeria Paint Protection Film Market Forecast (2027-2023)
9.2.5.5. South Africa Paint Protection Film Market Forecast (2027-2023)
9.2.5.6. Rest of MEA Paint Protection Film Market Forecast (2027-2023)
9.3. Paint Protection Film Market Forecast by Application (2027-2023)
9.3.1. Global Paint Protection Film Sales Forecast by Application (2027-2023)
9.3.2. Global Paint Protection Film Sales Market Share Forecast by Application (2027-2023)
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Paint Protection Film Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Paint Protection Film Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
|
Data Collection Matrix |
Supply Side |
Demand Side |
|
Primary Data Sources |
|
|
|
Secondary Data Sources |
|
|
Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
|
Qualitative Data |
Quantitative Data (2017-2025) |
|
|