Paint Protection Film Market Scope
With increasing adverse effects of temperature on the electronics as well as other appliances, the durability of the electronic equipment decreases, thus the demand for paint protection films is rising over the last couple of decades. The paint protection films (PPF) are applied to the painted surfaces of aerospace, automotive, electronics, minor abrasives and many others. These films can be classified as a thin film made up of a thermoplastic urethane material.
According to AMA, the Global Paint Protection Film market is expected to see growth rate of 6.23%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Paint Protection Film market throughout the predicted period.
3M Company (United States), Chemical Company (United States), Avery Denison (United States), XPEL Technologies (United States), Solar Gard (Saint-Gobain) (India), ORAFOL Europe GmbH (Germany), Argotec (Italy), Sharpline Converting Inc. (United States), Hexis Graphics (Hexis SA) (France) and PremiumShield (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Lubrizol (United States), Eastman Performance Films, LLC (SunTek Films) (United States), Topaz Paints (New Zealand) and Premier Protective Films International (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Paint Protection Film market by Type (PVC Type Paint Protection Film, PU Type Paint Protection Film and TPU Type Paint Protection Film), by Application (Automotive, Electrical &Electronics, Aerospace &Defense and Others) and Region with country level break-up.
On the basis of geography, the market of Paint Protection Film has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On November 28th, 2018, a global paint protection films provider “Eastman Chemical Company” established a new isobutyric acid manufacturing facility at its Kingsport, Tennessee site, and started the production in the first week of December 2018. The new facility, when added to the Longview, Texas site isobutyric acid manufacturing facility, doubles Eastman's production capacity.
- Introduction to UV Curable Paint Coating Leading to Surged Demand
- Rising Adoption of Paint Protection Coating in Aerospace Industry
- Robust Business Growth in the Global Automobile Industry led to Increasing Prevalence Paint Protective Filming
- Re-emergence of Protective Coatings for Increasing Durability of Electronic Products
- Increasing Prevalence of Teflon Paint Protective Coatings in Manufacturing Industry
- Introduction to Pant Protection Films for Watches, Smartphones and Others
- Comparatively Less Durable than the Ceramic Coating as PPFs might loss Color and Turn Yellowish Hue
- Unable to Repair Major Damages, Coating Replacement is Required
- Availability of Multiple Substitutes such as Ceramic Coatings and Many Others
- Adverse Environmental Effects of Number of Paint Protection Films
Key Target AudiencePaint Protection Film Manufacturers, Paint Protection Film Distributors and Traders, Automobile Industry, Electronics Parts Manufacturers, Aerospace Manufacturers, Private Industry Associations, Government Agencies and Others