Thanks for the comments everyone.
For info, I'm pretty sure the car has been outside all its life and the paintwork is original (I've had it 22 years).
Car is often parked under a tree, but is regularly washed, and only peeling in the area shown.
There was a chip in this area which may explain at least one of the peeling areas, but my observation was that it almost seemed to bubble up in the heat of the summer sun...
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