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Showing posts with the label Paint Protection Film Market Revenue

Paint Protection Film Market Size Is Expected To Reach USD 428.09 Million By 2028

  San Francisco, 5 April 2021:   The Report  Paint Protection Film Market  Size, Share & Trends Analysis Report By Application (Aerospace & Defense, Automotive & Transportation), By Region (North America, APAC), And Segment Forecasts, 2021 - 2028 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% during the forecast period. 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). On the other hand, ceramic coating technologies are likely to be used as a substitute to these films on account of their superior performance against abrasions and scratches, thus impacting the growth of the market. In addition, frequent discrepancies in raw material pricing as well as declining automotive production in several econom