Global TPU Automotive Paint Protection Film Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global TPU Automotive Paint Protection Film market size was valued at USD 748 million in 2023 and is forecast to a readjusted size of USD 1057.6 million by 2030 with a CAGR of 5.1% during review period.
TPU automotive paint protection film (PPF) is a thin, transparent film that is applied to the exterior of a car to protect the paintwork from damage. TPU stands for thermoplastic polyurethane, which is a type of plastic that is known for its strength, durability, and flexibility. PPF is typically applied to the front bumper, hood, fenders, and side mirrors of a car, as these areas are most vulnerable to damage from road debris, rocks, and other objects.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.The growth of this market is driven by the increasing demand for TPU automotive paint protection film in a variety of applications, including:
Luxury cars: TPU automotive paint protection film is increasingly being used on luxury cars to protect the paintwork from minor scratches and chips.
Sports cars: TPU automotive paint protection film is also being used on sports cars to protect the paintwork from road debris and gravel.
Commercial vehicles: TPU automotive paint protection film is also being used on commercial vehicles to protect the paintwork from road salt and other corrosive materials.
The increasing demand for TPU automotive paint protection film in these applications is being driven by the following factors:
The increasing popularity of luxury cars: The global luxury car market is growing rapidly, due to the increasing affluence of consumers in developing countries. This is driving the demand for TPU automotive paint protection film, as luxury car owners are willing to pay a premium for products that can protect their cars from damage.
The increasing popularity of sports cars: The global sports car market is also growing rapidly, due to the increasing demand for excitement and performance from consumers. This is driving the demand for TPU automotive paint protection film, as sports car owners are looking for ways to protect their cars from damage caused by road debris and gravel.
The increasing use of commercial vehicles: The global commercial vehicle market is also growing rapidly, due to the increasing demand for transportation and logistics services. This is driving the demand for TPU automotive paint protection film, as commercial vehicle owners are looking for ways to protect their vehicles from damage caused by road salt and other corrosive materials.
These players are focusing on developing innovative TPU automotive paint protection films with advanced features and capabilities. They are also expanding their geographic reach to gain a competitive edge in the market.
The TPU automotive paint protection film market is expected to continue to grow in the coming years. The increasing demand for TPU automotive paint protection film in various applications is expected to drive the growth of the market. The development of new and innovative TPU automotive paint protection films is also expected to contribute to the growth of the market.
The Global Info Research report includes an overview of the development of the TPU Automotive Paint Protection Film industry chain, the market status of OEM (Thickness 6 Mils, Thickness 8 Mils), Aftermarket (Thickness 6 Mils, Thickness 8 Mils), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of TPU Automotive Paint Protection Film.
Regionally, the report analyzes the TPU Automotive Paint Protection Film markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global TPU Automotive Paint Protection Film market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the TPU Automotive Paint Protection Film market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the TPU Automotive Paint Protection Film industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Sqm), revenue generated, and market share of different by Type (e.g., Thickness 6 Mils, Thickness 8 Mils).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the TPU Automotive Paint Protection Film market.
Regional Analysis: The report involves examining the TPU Automotive Paint Protection Film market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the TPU Automotive Paint Protection Film market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to TPU Automotive Paint Protection Film:
Company Analysis: Report covers individual TPU Automotive Paint Protection Film manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards TPU Automotive Paint Protection Film This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (OEM, Aftermarket).
Technology Analysis: Report covers specific technologies relevant to TPU Automotive Paint Protection Film. It assesses the current state, advancements, and potential future developments in TPU Automotive Paint Protection Film areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the TPU Automotive Paint Protection Film market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
TPU Automotive Paint Protection Film market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Thickness 6 Mils
Thickness 8 Mils
Thickness 12 Mils
Others
Market segment by Application
OEM
Aftermarket
Major players covered
Eastman
3M Company
Avery Dennison
XPEL
Saint-Gobain
Orafol
Schweitzer-Mauduit International
Sharpline Converting
Hexis SA
PremiumShield
KDX Window Film
Shanghai Kuiba (Ruikawei)
China BOP
NICK
Hebei Shulaimeide
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe TPU Automotive Paint Protection Film product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of TPU Automotive Paint Protection Film, with price, sales, revenue and global market share of TPU Automotive Paint Protection Film from 2019 to 2024.
Chapter 3, the TPU Automotive Paint Protection Film competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the TPU Automotive Paint Protection Film breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and TPU Automotive Paint Protection Film market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of TPU Automotive Paint Protection Film.
Chapter 14 and 15, to describe TPU Automotive Paint Protection Film sales channel, distributors, customers, research findings and conclusion.