Phosphorescent Pigments Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 – 2026

Introduction

Phosphorescence is a process where energy from the sun is absorbed with the help of material and released slowly in the form of light over a long time. Color is often a query of an individual perception and taste, and this constraint is fashion based with possibility for continuous development. Thus, significant gains are projected from increase in the requirement of novel eye-catching optical effects by plastics, printing inks, automotive coatings and cosmetics manufacturers. High investment from end user sector has resulted in enrichment in lifestyle with widespread variety of choices. This is anticipated to drive phosphorescent pigments market growth in upcoming years.

Market Dynamics

Expansion in end user industries such as construction, paints & coatings, and augmented trend towards the demand of special products is also expected to boost growth of phosphorescent pigments market in upcoming years. With accessibility of suitable substitutes for synthetic inorganic pigments and advancement of new coating technology is further prompting the market growth. However, fluctuations in prices of crude oil may hamper growth of this market.

Market Classification and Overview

The market can be bifurcated on the basis of product type, application, and geography. By product type, phosphorescent pigments market can be segmented into organic phosphorescent pigment, inorganic phosphorescent pigment. By application, phosphorescent pigments market can be segmented into plastic, paints and coatings, inks, textile industry, and among others. On the basis of geography, the phosphorescent pigments market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in phosphorescent pigments market include Nemoto Lumi-Materials Company Limited, Huangshan Jiajia Fluorescent Material Co. Ltd, Dane Color UK Ltd., Aron Universal Ltd, Lynwon Group, Day-Glo Color Corp., SINLOIHI Co. Ltd, UK SEUNG Europe GmbH, Kolorjet, Kremer Pigment, China Wanlong Chemical, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Lumino Chem Ltd, Jiaxing Caihe, Ming Hui Group, Radiant Color NV, Nanochemitek (China) Corp, and Huangshan DePing Chemical Co. Ltd among others.

Market Segmentation

Market By Product Type

• Organic Phosphorescent Pigment
• Inorganic Phosphorescent Pigment

Market By Application

• Plastic
• Paints and Coatings
• Inks
• Textile Industry
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA