Malaysia Paint Protection Film Market Size & Outlook

The paint protection film market in Malaysia is expected to reach a projected revenue of US$ 5.4 million by 2030. A compound annual growth rate of 6.2% is expected of Malaysia paint protection film market from 2023 to 2030.

Revenue, 2022 (US$M)
$3.3
Forecast, 2030 (US$M)
$5.4
CAGR, 2023 - 2030
6.3%
Report Coverage
Malaysia

Malaysia paint protection film market highlights

  • The Malaysia paint protection film market generated a revenue of USD 3.3 million in 2022 and is expected to reach USD 5.4 million by 2030.
  • The Malaysia market is expected to grow at a CAGR of 6.2% 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 3.3 million
Market revenue in 2030USD 5.4 million
Growth rate6.2% (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, Malaysia accounted for 0.7% 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 segmentation & scope
Thermoplastic Polyurethane (TPU)
Polyvinyl Chloride (PVC)
Others
Automotive & Transportation
Electrical & Electronics
Aerospace & Defense
Others

Paint Protection Film Market Companies

Name Profile # Employees HQ Website

Malaysia 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 84.85% in 2022. Horizon Databook has segmented the Malaysia paint protection film market based on thermoplastic polyurethane (tpu), polyvinyl chloride (pvc) covering the revenue growth of each sub-segment from 2019 to 2030.


Paint protection film market is projected to witness moderate growth in Malaysia over the forecast period owing to the slowdown in the growth of major end-use industries, including automotive, in the country.


According to the Malaysian Automotive Association, the number of new passenger and commercial vehicles registered in the country stood at 508,911 units in 2021, while up to September 2022, this number stood at 516,798 units. This factor is likely to drive the paint protection film market during the forecast period.

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Target buyers of Malaysia paint protection film market databook

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

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

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

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

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