Peter,
That is what it pretty much is. If you build the layers up it offers a bit more protection. Depends on what your objective is, if it's great shine and easy maintenance of it, it's a great product. But if your going for protection, I'd look at XPEL. Cermaic Pro is pretty much a permanent install, XPEL can be removed and or replaced.
XPEL is great at protection, I had my Corvette wrapped in it and it has protected it well. But I've seen a few cars with Cermaic Pro and the shine is fantastic.
Mike