3M announced the launch of the new series Pro Series 200 Gloss of Scotchgard paint protection film. Scotchgard PPF Pro Series 200 Gloss has exceptional brevity, hydrophobic characteristics, and a high sheen.
IVIOS announced the launch of Kaizer Z12 paint protection film that is 12 mils thick and made up of TPU material. It has higher performance with high durability. This PPF is well-suited for sports cars, off-road vehicles, and other luxury automobiles.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5057
Published Date: Jun 22, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for automobiles, new building construction, and renovation are the major factors driving the market growth.
The market size of the paint protection film is anticipated to attain a CAGR of around 6% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are 3M, Saint-Gobain, AVERY DENNISON CORPORATION, Eastman Chemical Company, XPEL, Inc. Inc., Reflek Technologies Corporation, GRAFITYP UK Ltd., ORAFOL Europe GmbH, DuPont de Nemours, Inc., and IVIOS.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by material, finish, end user, and region.
The thermoplastic polyurethanes segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Lack of awareness regarding the importance of paint protective films and exorbitant prices of protective films are estimated to be the growth hindering factors for the market expansion.
The market in the Europe region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.