Surface protection films, commonly referred to as paint protection films (PPF) are transparent, adhesive-backed films that are used to cover a variety of surfaces to protect them from harm from the outside world. These films' main function is to shield surfaces, such as the paint on cars, the screens of electronics, or other surfaces that are vulnerable, to tiny impacts, scratches, and UV damage. A robust and long-lasting polymer called thermoplastic urethane (TPU) is often used to create surface protection films. They don't dramatically alter the appearance of the covered surface because they are made to be optically clear. These films are frequently used in the automotive industry on the front bumper, hood, fenders, side mirrors, and other exposed places to protect the paint and clear coat of the car from road debris, gravel, bug splatters, and other hazards experienced during daily driving.
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Data Bridge Market Research analyses that the Global Surface Protection Films Market is expected to grow at a CAGR of 5.3% in the forecast period of 2023 to 2030 and is expected to reach USD 2,432.77 million by 2030. The 50-100 microns segment is projected to propel the growth of the market as they are widely used in the market.
Key Findings of the Study
Rising technological advancements
The creation of sophisticated materials is one of the main areas of development. Advanced polymers and nanotechnology are being used by manufacturers to create films with outstanding adhesion, impact resistance, and surface hardness. The longevity of the materials they are protecting is increased by the ability of these films to shield surfaces from more damaging impacts, abrasions, and environmental conditions.
The constantly changing needs of many industries and technological breakthroughs in surface protection films are driving considerable increases in their performance, durability, and versatility. These developments are changing the way surface protection is practiced, providing consumers with better security and ease.
Surface protection films that are residue-free and repositionable have also been created as a result of advancements in adhesive technology. Now, these films may be easily applied and removed by contractors and users without leaving behind any residue or harming the covered surfaces. This not only expedites the installation and removal processes but also guarantees that the protected surfaces' visual appeal is not compromised.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 – 2020)
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Quantitative Units
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Revenue in Million, Pricing in USD
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Segments Covered
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Global Surface Protection Films Market, By Thickness (Upto 25 Microns, 25-50 Microns, 50-100 Microns, 100-150 Microns, and Above 150 Microns), Technology (Adhesion Lamination and Coextrusion Lamination), Colour (Transparent, Translucent, Colored or Tinted, and Opaque), Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (Pvc), and Others), Application (Metal Sheets, Glass And Mirror, Prepainted Surfaces, Plastic Sheets, Pvc Profiles, Furniture Surfaces, Carpet Protection, and Others), End User (Construction and Interior, Electrical and Electronics, Automotive, Industrial, Healthcare, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, and rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, New Zealand, Hong Kong, Taiwan, and rest of Asia-Pacific, South Africa, Saudi Arabia, UAE, Egypt, Israel, Qatar, Kuwait, and rest of Middle East and Africa, Brazil, Argentina, Venezuela, and rest of South America
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Market Players Covered
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Tradegar Surface Protection (U.S.), DUNMORE (U.S.), Nitto Denko Corporation (Japan), TEKRA, LLC (U.S.), Bischof+Klein SE & Co. KG (Germany), POLIFILM GROUP (U.S.), Chargeurs (France), Aristo Flexi Pack (India), MacDermid Autotype Ltd. (U.K.), Pelloplast Oy (Finland), Lamin-x (U.S.), Dute Industries Group (China), 3M (U.S.), and Ecoplast Ltd. (India) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global surface protection films market is segmented on the basis of thickness, technology, material, type, application, and end user.
- On the basis of thickness, the market is segmented into upto 25 microns, 25-50 microns, 50-100 microns, 100-150 microns, and above 150 microns.
In 2023, the 50-100 microns segment of the thickness segment is expected to dominate the market
In 2023, the 50-100 microns segment is expected to dominate the market with a market share of 36.95% growing with a CAGR of 6.4%, as it is used in huge demand.
- On the basis of technology, the market is segmented into adhesion lamination and coextrusion lamination.
In 2023, the adhesion lamination segment of the technology segment is expected to dominate the market
In 2023, the adhesion lamination segment is expected to dominate the market with 72.84% market share growing with a CAGR of 5.5%, due to the rising demand for advanced lamination and surface protection films.
- On the basis of material, the market is segmented into polyethylene (PE), polyethylene terpthalate (PET), polypropylene (PP), Polyurethane (PU), Poly Vinyl Chloride (PVC), and others. In 2023, the polyethylene (PE) segment is expected to dominate the market with 43.78% market share of growing with a CAGR of 5.9%.
- On the basis of type, the market is segmented into transparent, translucent, colored or tinted, and opaque. In 2023, the transparent segment is expected to dominate the market with 48.09% market share growing with a CAGR of 5.8%.
- On the basis of application, the market is segmented into metal sheets, glass and mirror, prepainted surfaces, plastic sheets, PVC profiles, furniture surfaces, carpet protection, and others. In 2023, the metal sheets segment is expected to dominate the market with 35.82% market share growing with a CAGR of 6.1%.
- On the basis of end user, the market is segmented into construction and interior, electrical and electronics, automotive, industrial, healthcare, and others. In 2023, the automotive segment is expected to dominate the market with 42.06% market share growing with a CAGR of 6.1%.
Major Players
Data Bridge Market Research recognizes the following companies as the major surface protection films market players in surface protection films market are Tradegar Surface Protection (U.S.), DUNMORE (U.S.), Nitto Denko Corporation (Japan), TEKRA, LLC (U.S.), Bischof+Klein SE & Co. KG (Germany), POLIFILM GROUP (U.S.), Chargeurs (France), Aristo Flexi Pack (India), MacDermid Autotype Ltd. (U.K.), Pelloplast Oy (Finland), Lamin-x (U.S.), Dute Industries Group (China), 3M (U.S.), and Ecoplast Ltd. (India) among others.
Recent Development
- In February 2022, Pro Dis GmbH, situated in Berlin, is currently a wholly owned subsidiary of POLIFILM PROTECTION, a producer of protective films. POLIFILM PROTECTION is pursuing its corporate strategy of expanding its company in its key areas with this purchase. A sales specialist for markets in a few countries in Central, South-Eastern, and Eastern Europe is POLIFILM PROTECTION's longtime business partner
- In June 2020, Tredegar Surface Protection announced that it has put into operation a cutting-edge production line for creating cutting-edge surface protection films. Tredegar Surface Protection, known for its industry-leading quality and supply dependability, is essential for safeguarding the delicate surfaces of optical films used in displays and other substrates during production, conversion, and shipping. The company has committed about USD 5 million for a scale-up line in its Richmond Technical Centre in Richmond, Virginia, in response to rising demand for premium surface protection films and quicker design cycles in the LCD and OLED sectors
Regional Analysis
Geographically, the countries covered in the global surface protection films market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Switzerland, Belgium, Turkey, and rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, New Zealand, Hong Kong, Taiwan, and rest of Asia-Pacific, South Africa, Saudi Arabia, UAE, Egypt, Israel, Qatar, Kuwait, and the of Middle East and Africa, Brazil, Argentina, Venezuela, and rest of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global surface protection films market during the forecast period of 2023 to 2030
In 2023, North America is expected to dominate the market owing to the higher level of investments by the U.S. manufacturers and the increasing advancement in the U.S. North America will continue to dominate the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technology in this region.
Asia-Pacific is estimated to be the fastest-growing region in the global surface protection films market during the forecast period of 2023 to 2030
Asia-Pacific is expected to grow during the forecast period due to the rapid development and demand for surface protection films in this region. In addition to this, the increasing construction and interior activities are expected to drive market growth in this region.
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