By finish, paint protection film market is segmented into matte finish and gloss finish. Gloss finish segment is likely to have a significant market share owing to its easy maintenance than matte finish. Although both matte and gloss finish have self-healing feature, but maintenance process of gloss finish for an individual would be much easier than the other. All matte finished surfaces are not same and hence, it may not match the amount of sheen and texture of the matte paint of the vehicle. Matte shaded surfaces are prone to damage and more expensive than the glossy ones.
 

Based on application, the paint protection film market size is further categorized into automotive & transportation, electronics, aerospace & defense, marine, and others which include energy, etc. Aerospace & defense segment is likely to grow at a rising CAGR in the coming years due to extensive usage of the product to protect the aircraft surfaces. It helps to protect from dirt, high impact abrasion and scratches on glass made parts. The product is applied for both interiors and exteriors of the aircrafts. The active global commercial fleet was estimated to be around 26,000 aircrafts in 2018 which is likely to increase to about 37,000 in the next ten years. This will in turn increase the market demand.