China Paint Protection Film Market Size & Outlook
China paint protection film market, 2019-2030 (US$M)
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China paint protection film market highlights
- The China paint protection film market generated a revenue of USD 70.4 million in 2022 and is expected to reach USD 121.2 million by 2030.
- The China market is expected to grow at a CAGR of 7% from 2023 to 2030.
- In terms of segment, thermoplastic polyurethane (tpu) was the largest revenue generating material in 2022.
- Thermoplastic Polyurethane (TPU) is the most lucrative material segment registering the fastest growth during the forecast period.
Paint protection film market data book summary
| Market revenue in 2022 | USD 70.4 million |
| Market revenue in 2030 | USD 121.2 million |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Thermoplastic polyurethane (tpu) |
| Fastest growing segment | Thermoplastic Polyurethane (TPU) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoplastic Polyurethane (TPU), Polyvinyl Chloride (PVC) |
| Key market players worldwide | 3M Co, XPEL Inc, Eastman Chemical Co, Avery Dennison Corp, Compagnie de Saint-Gobain SA, JM Holdings Co Ltd, Garware Polyester, SWM International, Ziebart International, Hexis |
Other key industry trends
- In terms of revenue, China accounted for 14.7% of the global paint protection film market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China paint protection film market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 31.9 million by 2030.
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Paint Protection Film Market Scope
Paint Protection Film Market Companies
| Name | Profile | # Employees | HQ | Website |
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China paint protection film market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to paint protection film market will help companies and investors design strategic landscapes.
Thermoplastic polyurethane (tpu) was the largest segment with a revenue share of 78.69% in 2022. Horizon Databook has segmented the China paint protection film market based on thermoplastic polyurethane (tpu), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.
China is the largest manufacturer of vehicles in Asia Pacific. The surged investments by major automotive manufacturers in North America and Europe have led to the growing production of all types of vehicles, including LCVs, HCVs, and passenger cars in the country.
The automotive industry in China has been hit hard by the COVID-19 pandemic since the government of the country imposed strict lockdowns to contain the spread of the virus. This has significantly dented the sales of automobiles in China.
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Target buyers of China paint protection film market databook
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Our clientele includes a mix of paint protection film market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China paint protection film market , including forecasts for subscribers. This country databook contains high-level insights into China paint protection film market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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China paint protection film market size, by material, 2019-2030 (US$M)
China Paint Protection Film Market Outlook Share, 2022 & 2030 (US$M)
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