Global Phosphorescent Pigments Market Report Till 2024

The 2017-2024 report on global Phosphorescent Pigments market explores the essential factors of Phosphorescent Pigments industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.
Phosphorescent Pigments Market will surpass USD 290 million by 2024; according to a new research report.
Phosphorescent pigments market will witness significant development in the forecast period due to its notable use in various end-use applications such as clock or watch dials, writing & printing inks, electronic instruments & dial pads, home appliances, camping equipment, textile printing & fabrics, outdoor path marking, lighting apparatus & switches, military applications, signboards, etc.
Increasing use of consumer products applications such as printing on textiles, toys, shoes & other footwear, etc. will further boost the overall phosphorescent pigments market in the forecast period. Moreover, use of the product as an additive to plastics in order to increase the glow and aesthetic appearance will further enhance the phosphorescent pigments market.
Prevalence of fluorescent pigments in the photoluminescence industry, which readily emit light as absorbed from ambient radiation, may create a considerable threat of substitution for phosphorescent pigments. The emitted light by fluorescent pigments has a longer wavelength, and hence lower energy, than the absorbed radiation. Phosphorescent materials do not immediately re-emit the radiation it absorbs, and it may hinder the industry growth in the forecast period.
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Rising construction activities and automotive sales in the emerging economies of Asia Pacific and Latin America will generate substantial product demand in these regions. Rising aesthetically superior construction materials and auto parts demand is said to propel the phosphorescent pigments market demand in these regions. Asia Pacific is the leading region and will likely account for over 50% of the entire phosphorescent pigments market share by 2024.
Europe and North America will witness a moderate growth in the forecast period, where North America will exhibit growth at slightly higher CAGR than Europe. Middle East & Africa will witness growth due to the slow developmental activities in the African region.
Some key industry players in the phosphorescent pigments market include LuminoChem Ltd., Honeywell International, Glotech International, Nemoto Lumi-Materials, Allureglow International, Allureglow International, Glow Inc., RC Tritec, RTP Company, GTA, GloNation, Tavco Chemicals, Next Generation, United Mineral and Chemical Corp., and Radiant Color.
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Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Phosphorescent pigments market 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product by end-user trends
2.1.3. End-user trends
2.1.4. Regional trends
Chapter 3. Phosphorescent Pigments Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Profit margin analysis
3.3.2. Value addition at each stage
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key manufacturers/suppliers
3.3.4.2. List of key/potential customers
3.4. Raw material trends
3.5. Technology trends
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Global drivers
3.6.1.1.1. Increasing product application in signage boards
3.6.1.1.2. Rising paints & coatings demand
3.6.1.2. Regional drivers
3.6.1.2.1. Plastic films & sheets market growth in Asia Pacific
3.6.2. Industry pitfalls & challenges
3.6.2.1. Availability of fluorescence and other light emitting substances
3.6.2.2. High raw material prices
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