Paint Protection Film Market To 2022- Industry Trends, Forecast: Grand View Research, Inc.
Grand View Research.com has announced the addition of "Paint Protection Film Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
The global paint protection film market is expected to reach USD 1.49 billion by 2022, according to a new report by Grand View Research, Inc. Growth of automotive industry coupled with rising consumer awareness regarding car protection is expected to remain key factors driving growth.
Increasing application scope across key end-use industries such as electrical & electronics and aerospace & defense is expected to further contribute towards industry growth. Changing lifestyle along with shift in preference towards look of the vehicle is also anticipated to positively influence growth.
Increasing per capita disposable income in emerging economies of Asia Pacific and Latin America coupled with advent of technologies such as internet connected cars is expected to fuel automotive sales and in turn compliment paint protective film market growth.
Automotive emerged as the leading application segment and accounted for over three quarters of total demand in 2014. It is also expected to witness highest CAGR of 6.4% from 2015 to 2022. Increasing demand from heavy-duty vehicles owing to longer shelf life of these films is expected to drive application segment growth.
Browse to access In-depth research report on Global Paint Protection Film Market with detailed charts and figures: http://www.grandviewresearch.com/industry-analysis/paint-protection-film-market
Further key findings from the report suggest:
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Grand View Research has segmented the paint protection film market on the basis of application and region:
Global Paint Protection Film Application Outlook (Volume, Thousand Square Meters; Revenue, USD Million, 2012 - 2022)
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
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