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Impact of COVID-19 on Paint Protection Films Market Overview, in-Depth Analysis, Forecasts, Applications, Shares & Insights – KSU

$251 6 Million Worldwide Paint Protection Films Industry to 2027 - Impact of COVID-19 on the Market

$251 6 Million Worldwide Paint Protection Films Industry to 2027 - Impact of COVID-19 on the Market
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Paint Protection Film Market Size Worth $428 09 Million By 2028: Grand View Research, Inc

Share this article SAN FRANCISCO, April 7, 2021 /PRNewswire/ The global paint protection film market size is projected to reach USD 428.09 million by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.4% from 2021 to 2028. Increasing consumer awareness about vehicle paint protection against stone chipping, bug splatters, and abrasions is expected to trigger the demand for Paint Protection Films (PPFs). Key suggestions from the report: In 2020, automotive & transportation emerged as the largest application segment and accounted for over 72% of the global revenue share, in which a majority of the product demand is attained from the passenger cars segment due to its superior color protection characteristics

Garware Polyester starts making Paint Protection Films in India

Garware Polyester starts making Paint Protection Films in India Garware Polyester, a manufacturer of polyester and sun control films in India, has commenced the production of paint protection films for automobiles. Currently, paint protection films have an estimated global market size of US$ 500 million (Rs. 3,680 crore) and is dominated by global giants like 3M, Llumar, XPEL and others. A paint protection film is designed to give automobile paint coatings protection and impact resistance. These films are clear and self-healing. These films are claimed to extend the life of the paint coating on vehicles. The paint protection film is manufactured using thermoplastic polyurethane film (TPU) and is claimed to protect the vehicle’s paint from scratches, dents and damage caused by road debris and rocks, as well as from environmental elements, through its force-dissipation properties.

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