Press release
Paint Protection Film Market to Grow At a CAGR of 6.72% during the Period 2014 – 2023 | XPEL Technologies Corp, Argotec, Topaz, Premier Protective Films International
Paint Protection Film Market - Competitive Insights:The leading players in the market are XPEL Technologies Corp, Argotec, Topaz, Premier Protective Films International, M&Co, Avery Dennison, Lubrizol, and Solar Gard.
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The Paint Protection Film Market is segmented as follows-
By Application:
Electrical & Electronics
Automotive
Aerospace & Defence
Others
Paint Protection Film Market - Industry Outlook and Trend Analysis:
The Paint Protection Film Market was worth USD 223.56 million in 2014 and is expected to reach approximately USD 401.43 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.72% during the forecast period.
The dynamics of the industry are anticipated to be vigorously impacted by usage drifts in developing markets, especially considering the development of end-use ventures, for example, defence and electronics, automobiles, growing manufacturing sector and urbanization. Changing way of life alongside switch in inclination towards keeping in place the completing and look of the vehicle is a key attribute in customers' purchasing criteria.
PPF is a thermoplastic urethane film which is broadly used to protect helpless surfaces of automotive, for example, bumpers, body cavities, hoods, edges, and door handles, from stone chipping, bug splatters, and abrasions against different surfaces.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
To be Continued...
Paint Protection Film Market - Regional Outlook and Trend Analysis:
From the consumer perspective, expanded discretionary income has prompted more extensive scope of decisions for vehicle purchasers, and resulting development of custom automobile part. Based on these two elements, India, Indonesia, China, Indonesia, Malaysia, Japan, and South Korea are touted to be major demand centres for the paint protection film market. In correlation, North America and Europe, being the spearheading districts for the PPF business have achieved immersion.
Paint Protection Film Market - Application Outlook and Trend Analysis;
Automotive was the main application fragment and represented more than 75% of the general consumption in 2014. There are two primary factors that relate to the high infiltration level of PPF in the section, i.e., rising offers of premium or high-end luxury automobiles, and awareness among their purchasers in regards to vehicle support and secondary selling care. With progressive transfer of automotive technologies to the Asian locale, and development of aftersales benefits in the district, automotive section should pull in significant demand in the following years.
Paint Protection Film Market - Key Growing Factors:
An extensive research study on the Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Paint Protection Film Market.
We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
The Paint Protection Film Market Report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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