Paint Protection Film Market Size, Emerging Trends and Outlook To 2022: Hexa Reports

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Paint Protection Film Market Analysis, Share and Size,
Emerging Trends, Overview and Outlook, Growth And
Segment Forecasts To 2022
The global paint protection film market is expected to reach USD 1.49 billion by 2022, according to a
new report by Grand View Research, Inc. Growth of automotive industry coupled with rising consumer
awareness regarding car protection is expected to remain key factors driving growth.
Increasing application scope across key end-use industries such as electrical & electronics and aerospace
& defense is expected to further contribute towards industry growth. Changing lifestyle along with shift
in preference towards look of the vehicle is also anticipated to positively influence growth.
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Increasing per capita disposable income in emerging economies of Asia Pacific and Latin America
coupled with advent of technologies such as internet connected cars is expected to fuel automotive
sales and in turn compliment paint protective film market growth.
Automotive emerged as the leading application segment and accounted for over three quarters of total
demand in 2014. It is also expected to witness highest CAGR of 6.4% from 2015 to 2022. Increasing
demand from heavy-duty vehicles owing to longer shelf life of these films is expected to drive
application segment growth.
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Further key findings from the report suggest:
Global paint protection film market demand was 1,103.4 thousand sq. meters in 2014 and is expected to
reach 1,659.5 thousand sq. meters by 2022, growing at a CAGR of 5.3% from 2015 to 2022.
Aerospace & defense accounted for over 10% of total market volume in 2014. Increasing defense sector
investment in countries such as China, India and Russia is expected to drive application segment growth
at a CAGR of 2.9% from 2015 to 2022
Asia Pacific was the leading regional market and accounted for over one-third of the global demand in
2014. Automotive production growth and advent of China as the leading producer in the industry shall
drive growth over the forecast period. Strong demand for premium passenger cars in India and
Southeast Asia alike shall also aid in the region’s development.
The industry is characterized by strong scope for development in electronics sector. Though a niche
segment currently, electronics such as mobile phones, tablets, and display screens are being applied
with protection films in order to preserve their aesthetics and design integrity
There is also considerable presence of integrated companies in the industry that are involved in TPU
films manufacturing along with its downstream application as paint protection. A few such companies
include DuPont, Lubrizol and Eastman Chemical Co.
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Global paint protection film market share is moderately fragmented among multinational corporations
and small domestic companies. Major industry participants with global presence include 3M Company,
Avery Denison, SunTek Films, XPEL, Solar Gard, Premier Protective Films International, Agrotec,
PremiumShield and Vanzetti Engineering S.R.L.
Table Of Content
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 Paint Protection Film – Industry Summary & Key Buying Criteria, 2012 – 2022
Chapter 3 Paint Protection Film Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2012 - 2012
3.3 Paint protection film value chain analysis
3.4. Vendor landscape
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3.5 Paint protection film market dynamics
3.6 Key opportunities prioritized
3.7 Industry analysis – Porter’s
3.8 Paint Protection Film PESTEL analysis
Chapter 4 Paint Protection Film Application Outlook
4.1 Global paint protection film market volume share by application, 2014 & 2022
4.2 Automotive
4.3 Electrical & electronics
4.4 Aerospace
4.5 Others
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Chapter 5 Paint Protection Film Regional Outlook
5.1 Global paint protection film market share by region, 2014 & 2022
5.2 North America
5.3 Europe
5.4 Asia Pacific
5.5 Central & South America
5.6 Middle East & Africa
Chapter 6 Competitive Landscape
6.1 3M Company
6.2 Hexis Graphics
6.3 Eastman
6.4 Paint Shield
6.5 Topaz Detailing
6.6 Llumar
6.7 Xpel Technologies Corp.
6.8 PremiumShield
6.9 Solar Gard
6.10 SunTek Films
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The global paint protection film market is expected to reach USD 1.49 billion by 2022, according to a new report by Grand View Research, Inc. Growth of automotive industry coupled with rising consumer awareness regarding car protection is expected to remain key factors driving growth.