Europe Paint Protection Film Market Size & Outlook
Europe paint protection film market, 2019-2030 (US$M)
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Europe paint protection film market highlights
- The Europe paint protection film market generated a revenue of USD 151.3 million in 2022.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 151.3 million |
| Market revenue in 2030 | USD 228.2 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Thermoplastic polyurethane (tpu) |
| Fastest growing segment | Thermoplastic Polyurethane (TPU) |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 31.7% of the global paint protection film market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 233.4 million by 2030.
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Paint Protection Film Market Scope
Paint Protection Film Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 83.61% in 2022. Horizon Databook has segmented the Europe paint protection film market based on thermoplastic polyurethane (tpu), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.
Europe has a robust automotive sector. According to the European Commission, automotive sector in Europe represents over 7% of the European Union GDP and is linked with upstream and downstream industries such as textiles, chemicals, steel & mobility, repair, and ICT.
The weather in Europe is temperate and during winters, the temperature often falls below 0°C. Hailstorms and snowfall are encountered during winter, which can damage the vehicle paint and lead to the chipping of the paint surface.
The European electric vehicle market, in 2021, saw an increase in the uptake of electric vehicles. According to the European Environment Agency and the Agency of the European Union, electric car registrations were 17.8% more in 2021 compared to 2020.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe paint protection film market , including forecasts for subscribers. This continent databook contains high-level insights into Europe paint protection film market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe paint protection film market size, by country, 2019-2030 (US$M)
Europe Paint Protection Film Market Outlook Share, 2022 & 2030 (US$M)
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