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Paint Protection Film Market to Reach USD 697 1 Million by 2028; Increasing Focus on Adoption of Technology to Aid Growth, Says Fortune Business Insights™

Share: Pune, India, June 28, 2021 (GLOBE NEWSWIRE) The global paint protection film market size is expected to showcase considerable growth by reaching USD 697.1 million by 2028. This information is published by Fortune Business Insights in its report, titled  Paint Protection Film Market Size, Share & COVID-19 Impact Analysis, By Material (Thermoplastic Polyurethanes, Polyvinyl Chloride, and Others), By End-User Industry (Automotive, Electronics, and Others), and Regional Forecast, 2021-2028.  The report further mentions that the market stood at USD 432.6 million in 2020 and is projected to exhibit a CAGR of 6.2% between 2021 and 2028. Automotive are prone to suffer from damage to the paint due to bug splatters, stone chips, and minor abrasions. Therefore, protection films are applied to the high-impact areas of automobiles to prevent degradation of the paint. The increasing technological advancement in the product is anticipated to boost its adoption worldwide.

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