The report "Fluorescent Pigment Market by Formulation (Organic, Inorganic), Characteristic Type, Type, Intensity (High Intensity, Medium Intensity, Low Intensity), Application (Paints & Coatings, Printing Inks), End-Use Industry, & Region - Global Forecast to 2028" Fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023.
The fluorescent pigment market is driven by several factors, including technological advancements, shifting consumer behaviors, favorable economic conditions, expanding applications in various industries, and growing demand. The increasing use of fluorescent pigments in various end-use industries, such as paints and coatings, printing inks, plastics, cosmetics, textiles, and electronics, is a significant driver for market growth.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239119498
“Organic fluorescent pigment is projected to be the largest formulation of fluorescent pigment, in terms of value, during the forecast period.”
Stringent regulations promoting the use of environmentally friendly pigments have fueled the growth of organic fluorescent pigments. Organic fluorescent pigments find extensive use in high-visibility products. They are useful in end-use industries such as paints and coatings, plastics, textiles, and printing inks. These factors, combined with the market's emphasis on safety applications and the overall growth of the high-visibility applications across various industries, have led to the growth of organic fluorescent pigment.
“Printing inks/Graphics arts is the fastest growing application of the fluorescent pigment, in terms of value.”
UV Fluorescent pigments are used in printing inks to create high-visibility products. These pigments are sensitive to light and some chemicals, and they fluoresce when exposed to UV radiation, resulting in bright, neon colors with high brilliance. In the graphic arts market, fluorescent pigments are employed to create eye-catching posters, signs, and displays. The vibrant and intense colors produced by fluorescent pigments under UV light can attract attention and are often used for promotional materials.
“Asia Pacific captures the largest share in the fluorescent pigment market during the forecast period, in terms of value.”
Asia Pacific is the largest market for fluorescent pigment due to several factors. The region has the largest consumption of fluorescent pigment, with China, India, South Korea, and Japan being the major contributors. These countries have major industries such as textiles, printing, packaging, and electronics, which use fluorescent pigments in various applications such as inks, coatings, and plastics. The packaging industry in the region is substantial due to the large population and increasing consumer demand. Fluorescent pigments are often used in packaging materials to enhance visual appeal and attract consumer attention.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=239119498
Key Players
Mergers, new product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the fluorescent pigment market include Radiant Color NV (Belgium), Luminochem (Hungary), Wanlong Chemical Co., Ltd. (China), Sinloihi Co., Ltd. (Japan), Wuxi Minghui International Trading Co., Ltd. (China), DayGlo Color Corp. (US), Aron Universal Limited (India), Vicome Corp. (China), Hangzhou Aibai Chemical Co., Ltd. (China), Brilliant Group Inc. (US) and others.
Read Our Trending Press Release Below:
Thermal Management Solutions Companies
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Research Nester published a report titled “Fluorescent Pigment Market: Global Demand Analysis & Opportunity Outlook 2028″ which delivers a detailed overview of the global fluorescent pigment market in terms of market segmentation by product type, application, state, and region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends that are associated with the growth of the market.There are various states of fluorescent pigment that are powder and aqueous dispersion.
The fluorescent effect displayed by using the powder helps the item stand out using the standard color technology.
The global market accounted for USD 374.8 Million in 2020 and is estimated to grow at a CAGR of 4.9% during the forecast period, i.e., 2021-2028.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3147The global fluorescent pigment market is segmented by application into currency, identification certificates, and banking bonds, legal documents, tax banderols, and others.
Among these segments, the currency segment in the global fluorescent pigment market is estimated to grow with the highest CAGR of around 4.1% and is estimated to be the leading revenue-generating segment during the forecast period.
In 2018, Chinese police seized a million fake identity documents after an investigation and this racket was operating across 20 provinces.
The crime related to forged documents is comparatively low in the region as the ink used in most identification documents is fluorescent, which is difficult to duplicate.
Fluorescent Pigment market is segmented by region, by country, company, type, application and by sales channels.
Players, stakeholders, and other participants in the global Fluorescent Pigment market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.Segment by Type, the Fluorescent Pigment market is segmented into:Thermoset TypeThermoplastic TypeOther (Aqueous Dispersions, etc)Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/62184/global-fluorescent-pigment-2020-2026-968Segment by Application, the Fluorescent Pigment market is segmented into:Paints and Coatings IndustryPrinting Inks IndustryPlastics IndustryOthersRegional and Country-level Analysis:North AmericaUnited StatesCanadaAsia-PacificChinaJapanSouth KoreaIndiaSoutheast AsiaAustraliaRest of Asia-PacificEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesRest of EuropeLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaTurkeySaudi ArabiaUAERest of MEACompetitive Landscape and Fluorescent Pigment Market Share Analysis:Fluorescent Pigment market competitive landscape provides details and data information by companies.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020.
Details included are company description, major business, Fluorescent Pigment product introduction, recent developments, Fluorescent Pigment sales by region, type, application and by sales channel.The major companies include:DayGlo(RPM International)Radiant (RPM International)UKSEUNGSINLOIHI (DAI NIPPON TORYO)Huangshan jiajia fluorescent material co. LTDWan long chemical co. LTDJiangxi longyuan chemical co. LTDJ Color TechnologiesJiaoling bailin fluorescence technology co. LTDHuikang fluorescence technology Get the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/62184/global-fluorescent-pigment-2020-2026-968CONTACT US:North Main Road Koregaon Park, Pune, India - 411001.International: +1(646)-781-7170Asia: +91 9169162030Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/
