South Korea Paint Protection Film Market Size & Outlook
South Korea paint protection film market, 2019-2030 (US$M)
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South Korea paint protection film market highlights
- The South Korea paint protection film market generated a revenue of USD 6.2 million in 2022 and is expected to reach USD 8.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.5% 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 6.2 million |
| Market revenue in 2030 | USD 8.9 million |
| Growth rate | 4.5% (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, South Korea accounted for 1.3% 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 |
|---|
South Korea 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 82.26% in 2022. Horizon Databook has segmented the South Korea 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 rise in automobile production in South Korea is contributing significantly to the growth of paint protection film market in the country.
The country is projected to witness a high growth rate over the forecast period owing to its flourishing aerospace industry. The Government of South Korea is investing extensively in the development of next generation growth engines that have positively influenced the growth of the aerospace industry in the country.
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Target buyers of South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea paint protection film market , including forecasts for subscribers. This country databook contains high-level insights into South Korea paint protection film market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea paint protection film market size, by material, 2019-2030 (US$M)
South Korea Paint Protection Film Market Outlook Share, 2022 & 2030 (US$M)
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