India Paint Protection Film Market Size & Outlook

The paint protection film market in India is expected to reach a projected revenue of US$ 31.9 million by 2030. A compound annual growth rate of 7.6% is expected of India paint protection film market from 2023 to 2030.
Revenue, 2022 (US$M)
$17.8
Forecast, 2030 (US$M)
$31.9
CAGR, 2023 - 2030
7.6%
Report Coverage
India

India paint protection film market highlights

  • The India paint protection film market generated a revenue of USD 17.8 million in 2022 and is expected to reach USD 31.9 million by 2030.
  • The India market is expected to grow at a CAGR of 7.6% 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 2022USD 17.8 million
Market revenue in 2030USD 31.9 million
Growth rate7.6% (CAGR from 2022 to 2030)
Largest segmentThermoplastic polyurethane (tpu)
Fastest growing segmentThermoplastic Polyurethane (TPU)
Historical data2019 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermoplastic Polyurethane (TPU), Polyvinyl Chloride (PVC)
Key market players worldwide3M 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, India accounted for 3.7% 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 Companies

Name Profile # Employees HQ Website

India 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 83.15% in 2022. Horizon Databook has segmented the India paint protection film market based on thermoplastic polyurethane (tpu), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.


The rising standard of living of Indian population and the increasing sales of premium cars in India are expected to drive the growth of paint protection film market in the country in the coming years. According to the Central Motor Vehicle Rules, the on-road life of commercial vehicles is 20 years and that of private vehicles is 15 years in India. Post these, the Government of India has mandated the scrapping of vehicles.

Thermoplastic polyurethane (TPU)-based paint protection films have optical clarity and are highly flexible. They have conformability with 3D surfaces and enhance the aesthetic appeal of vehicles and protect them against UV rays.

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Target buyers of India paint protection film market databook

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Horizon Databook provides a detailed overview of country-level data and insights on the India paint protection film market , including forecasts for subscribers. This country databook contains high-level insights into India paint protection film market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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India paint protection film market size, by material, 2019-2030 (US$M)

India Paint Protection Film Market Outlook Share, 2022 & 2030 (US$M)

India paint protection film market size, by material, 2019-2030 (US$M)

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