Global Uncoated Paint Protection Film Market was valued at US$ 308Mn in 2017 and is expected to reach US$ 534.36Mn by 2026, at a CAGR of 7.13% during a forecast period.
Paint Protection Film is a thermoplastic urethane film applied to painted surfaces of a new or used car in order to protect the paint from stone chips, bug splatters, and minor abrasions. This film is also used on airplanes, RVs, cell phones, electronics, screens, motorcycles and many other areas.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Major driving factors of the uncoated paint protection film market are increasing in production of vehicle with demand for UV-curable paint protection film and extension of automotive industry around the world are the major factors anticipated to drive the uncoated paint protection film market. Increase in adoption of electric vehicles and introduction of innovative uncoated paint protection film with multiple features are anticipated to provide several opportunities for the key players in the uncoated paint protection market. Increasing investment by consumers on car care along with rising awareness. High Competition and lack of consumer awareness will act as restraint to the market.
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