Global Phosphorescent Pigments Market, By Type (Organic Phosphorescent Pigment, Inorganic Phosphorescent Pigment), Product (Zinc Sulfide, Strontium Aluminate), End user (Paints and Coatings, Printing Inks, Plastics, Construction Materials), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Phosphorescent Pigments Market
The phosphorescent pigments market is expected to witness market growth at a rate of 4.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on phosphorescent pigments market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for signage boards across various uses is escalating the growth of phosphorescent pigments market.
Phosphorescence is a type of photoluminescence. Phosphorescent pigments crystal absorbs the radiations falling on them and therefore emits the radiation that it absorbs. The main feature of the phosphorescent pigments is the specific structure of its crystal with the strong ability of absorbing-storing emitting light. After absorbing types of visible lights, it can glow for more than twelve hours in the dark.
Major factors that are expected to boost the growth of the phosphorescent pigments market in the forecast period are the increase in the need from paints and coatings industries. Furthermore, the rise in the product application in the signage boards and the upsurge in the need for phosphorescent coatings because of the rising industries such as building, and construction are couple of factors that are propelling the growth of the phosphorescent pigments market. Moreover, the swift industrialization and urbanization, easy accessibility of the raw material and the cheap labor are few of the factors further anticipated to cushion the growth of the phosphorescent pigments market throughout the forecast period.
On the other hand, the increase in the cost of the raw material is further estimated to derail the growth of the phosphorescent pigments market in the timeline period. In addition, the upsurge in the utilization of phosphorescent pigments as an additive to plastics will further provide advantageous opportunities for the growth of the phosphorescent pigments market in the coming years. However, the accessibility of fluorescence and other light emitting substances might further create challenges for the growth of the phosphorescent pigments market in the near future.
This phosphorescent pigments market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on phosphorescent pigments market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Phosphorescent Pigments Market Scope and Market Size
The phosphorescent pigments market is segmented on the basis of type, product and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the phosphorescent pigments market is segmented into organic phosphorescent pigment, inorganic phosphorescent pigment.
- On the basis of product, the phosphorescent pigments market is segmented into zinc sulfide, strontium aluminate.
- On the basis of end user, the phosphorescent pigments market is segmented into paints and coatings, printing inks, plastics, construction materials.
Phosphorescent Pigments Market Country Level Analysis
The phosphorescent pigments market is analysed and market size, volume information is provided by country, type, product and end user as referenced above.
The countries covered in the phosphorescent pigments market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the phosphorescent pigments market due to the increase in the expansion of the paints and coatings industry. Furthermore, the rise in the construction activities will further boost the growth of the phosphorescent pigments market in the region during the forecast period. North America is projected to observe significant amount of growth in the phosphorescent pigments market due to the increase in the number of commercial buildings. Moreover, the presence of some major key players is anticipated to boost the growth of the phosphorescent pigments market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Phosphorescent Pigments Market Share Analysis
The phosphorescent pigments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phosphorescent pigments market.
The major players covered in the phosphorescent pigments market report are Thomas Publishing Company, Nemoto & Co., Ltd, ARALON, Honeywell International Inc., Lightleader Co., Ltd, NEMOTO PORTUGAL, Tavco Chemicals, Inc, RTP Company, RC Tritec LTD., Allureglow USA, GloNation Inc., GTA LLC, Glow Inc, GloTech International., LuminoChem., Radiant Color, United Mineral and Chemical, Next Generation B.V., Kremer Pigmente, Badger Color Concentrates, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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