NEW YORK, Oct. 18, 2022 /PRNewswire/ — The “Paint Protection Film Market by End-user (Automobile, Aerospace and Defense, Electrical and Electronics, and Others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa) – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. The potential growth difference for the paint protection film market size between 2021 and 2026 is USD 103.46 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report
Key Market Dynamics
The expansion of the consumer electronics industry is driving the paint protection film market growth. PPFs are widely used by the consumer electronics industry. They are scratch-resistant and heat-resistant and are used for a wide range of applications, such as cell phones, document handling systems, LED, displays and projectors, wearable electronic devices, gasket optics and lighting, rollers, and others. The demand for consumer electronics is attributed to factors such as the rising urban population, the increase in disposable income, a strong supply chain, and growing internet penetration worldwide. The rising demand for consumer electronics has increased the demand for PPFs. APAC is a major producer and consumer of PPFs used in consumer electronics goods. Moreover, governments of many developing countries are reducing tax rates for manufacturers of electronics. Thus, the rising demand for PPFs used in manufacturing electronic components is expected to fuel the growth of the global PPF market during the forecast period.
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Some Companies Mentioned with their Offerings
3M Co., Avery Dennison Corp., Bluegrass Protective Films LLC, Compagnie de Saint Gobain, DuPont de Nemours Inc, Eastman Chemical Co., GARWARE HI TECH FILMS Ltd., Global Paint Protection Films Inc., Hexis S.A., Madico Inc., Polor Pro, POYA TECH CO. LTD., PremiumShield Ltd., The Lubrizol Corp., Top Color Film Ltd., XPEL Inc., Zhejiang Joyvie New Materials Co. Ltd., Zhejiang Shichuang Optics Film Manufacturing Co. Ltd., among others, are the key vendors in the market. The offerings of some of these vendors are listed below:
- 3M Co. – The company offers paint protection films such as 3M paint protection films.
- Avery Dennison Corp. – The company offers paint protection films such as Supreme Defense gloss paint protection film.
- Compagnie de Saint Gobain – The company offers paint protection films such as SGPPF Sapphire.
- DuPont de Nemours Inc – The company offers paint protection films such as Tedlar PVF film.
- Eastman Chemical Co. – The company offers paint protection films such as Urethane paint protection film.
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By end-user, the automobile segment will be the largest contributor to market growth during the forecast period. The demand for PPF is expected to increase during the forecast period, owing to the increasing rate of production of lightweight passenger cars.
By geography, APAC will be the leading region with 40% of the market’s growth during the forecast period. China, Japan, and India are the key countries for the paint protection film market in APAC. This growth is attributed to factors such as the increasing demand for automobiles. Moreover, market growth in this region will be faster than the growth of the market in other regions.
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Aircraft Paint Market by End-user and Geography – Forecast and Analysis 2022-2026: This aircraft paint market research report extensively covers aircraft paint market segmentation by end-user (commercial, military, and general aviation) and geography (APAC, Europe, North America, Middle East and Africa, and South America). 55% of the market’s growth will originate from APAC during the forecast period. The aircraft paint market share growth by the commercial segment will be significant during the forecast period.
MEA Paint and Coatings Market by Application and Geography – Forecast and Analysis 2022-2026: This report extensively covers the paint and coatings market in MEA segmentation by application (architecture, packaging, wood, transport, and others) and geography (Saudi Arabia, Egypt (Arab Republic of Egypt), UAE, South Africa, and Rest of MEA). 37% of the market’s growth will originate from the Rest of MEA during the forecast period. The paint and coatings market share growth in MEA by the architecture segment will be significant during the forecast period.
Paint Protection Film Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 1.97%
Market growth 2022-2026
USD 103.46 million
YoY growth (%)
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 40%
Key consumer countries
US, China, Japan, India, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
3M Co., Avery Dennison Corp., Bluegrass Protective Films LLC, Compagnie de Saint Gobain, DuPont de Nemours Inc, Eastman Chemical Co., GARWARE HI TECH FILMS Ltd., Global Paint Protection Films Inc., Hexis S.A., Madico Inc., Polor Pro, POYA TECH CO. LTD. , PremiumShield Ltd., The Lubrizol Corp., Top Color Film Ltd., XPEL Inc., Zhejiang Joyvie New Materials Co. Ltd., and Zhejiang Shichuang Optics Film Manufacturing Co. Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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Browse Materials Market Reports
Key Topics Covered
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2022 – 2026
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Automobile – Market size and forecast 2022 – 2026
- Aerospace and defense – Market size and forecast 2022 – 2026
- Electrical and electronics – Market size and forecast 2022 – 2026
- Others – Market size and forecast 2022 – 2026
- Market opportunity by End user
- Customer landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2022 – 2026
- North America – Market size and forecast 2022 – 2026
- Europe – Market size and forecast 2022 – 2026
- South America – Market size and forecast 2022 – 2026
- MEA – Market size and forecast 2022 – 2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Avery Dennison Inc.
- Compagnie de Saint-Gobain SA
- DuPont de Nemours Inc.
- Eastman Chemical Co.
- Garware PoIyester Ltd.
- HEXIS SA
- Madico Inc.
- The Lubrizol Corp.
- XPEL Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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