Market Research Future Published a Research Study on Fluorescent Pigment Market Research Report, Size, Share and Industry Analysis - Forecast to 2023
Market Segmentation:
The
Global Fluorescent Pigment Market is broadly segmented on the basis of
product type, application, and region. Based on the type, the market is
categorized into inorganic fluors, optical whiteners, and daylight
fluorescents, wherein, the optical whiteners segment is dominating the
market on account of its higher degree penetration into the major
applications such as textile, paper, and plastics. Additionally, they
are the particular class of organic pigment which has very specific
fluorescent properties. The production and measurement of optical
whiteners (aka brighteners) is a multi-million dollar industry
throughout the world. Collectively, the optical whitener segment is
projected to retain its dominance in the market during the review
period.
On the Basis of Application, the Global
Fluorescent Pigment Market is classified into printing ink, paints &
coatings, colored papers, textile, plastics, and others. Among these
applications, printing ink segment is growing at the highest rate on
account of growing demand of attractive and consumer appealing
packaging. Surging trend of super market shopping, vast spread print
media, and shifting consumer patterns are the major factors driving
growth of this segment during the years to follow.
Get a FREE Sample Now@ https://www.marketresearchfuture.com/sample_request/5127
Competitive Analysis:
Key
players in the Global Polyurethane Catalyst Market are Radiant Color
N.V. (Belgium), UKSEUNG CHEMICAL CO.,LTD. (South Korea), LuminoChem Ltd.
(Hungary), DAI NIPPON TORYO CO.,LTD. (Japan), Huangshan Jiajia
fluorescent material Co., Ltd. (China), Wanlong Chemical Co., Ltd.
(China), Aron Universal Limited (India), J COLOR CHEMICALS (China),
Vicom Corp. (Taiwan), and MingHui Wuxi (China), among others.
Market Overview:
Fluorescence
is a process of re-emission of light of desired wavelength. In this
process, the light of short wavelength in electromagnetic spectrum is
absorbed and re-radiated at higher wavelengths. Mostly, this
re-radiation occurs within visible range of spectrum. The Fluorescent
Pigments are the illuminating color pigments which offer an attractive
appearance. Luminescent materials do not require any artificially
generated energy to reflect colored light and to give off fluorescent
light. The re-emitted light from a fluorescent color adds to the light
returned by simple reflection and give a glow characteristic of
daylight-fluorescent materials. According to the studies conducted with
the children and adults, the fluorescent products are noticed earlier
and seen longer than their conventional colored counterparts. Nowadays,
the fluorescents find their applications various products such as
plastic products, bright colored papers, safety jackets, highlighters,
and illuminating paints among others. The Global Printing Ink Market
for packaging is projected to expand at a CAGR of 6% due to the rising
global demand for attractive and consumer appealing packaging, which
provides nutritive and product information. The color, design and
appearance of the ink print acts a decisive factor when it comes to
allure the customers. This is projected boost demand for the ink resin
in the coming years. However, there are some technical factors that are
anticipated hamper growth of the market such as the complex processing
of the Fluorescent Pigment, cost intensive nature of new technologies
and use of the heavy metals in manufacturing florescent pigments.
Browse Key Industry insights spread across 140 pages with 33 market data tables & 12 figures & charts from the Report, “Fluorescent
Pigment Market Research Report – by Type (Inorganic Fluors, Optical
Whiteners, Daylight Fluorescents), by Application (Printing Ink, Paints
& Coatings, Colored Papers, Textile, Plastics and Others) and by
Region till 2023” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/fluorescent-pigment-market-5127
Regional Analysis:
There
are five major regions in the Global Fluorescent Pigment Market namely
Asia Pacific, Europe, North America, the Middle East & Africa, and
Latin America. Asia Pacific poised to dominate the market with over 35%
share of the market, as of 2016. The region is expected to grow at the
highest rate due to increasing production and demand of the Fluorescent
Pigment. The primary factors driving growth of the market in this region
are the rising consumer awareness and favoring regulatory trends. South
Korea, Japan, and China are the leading markets in this region. North
America is holding the second major share of the market. The U.S is
anticipated to hold the largest share in this market owing to the
presence of some leading market players and substantial end users such
as packaging industry and industrial safety applications. Europe is
following North America in terms of market size, with Germany, the U.K
and France holding considerable shares of the market. This region is
witnessing a growth due to some strategic initiatives on part of
regulatory agencies. The Middle East & Africa is a growing at
considerable growth rate, wherein the growth is majorly driven by the
demand from paints & coating, along with the flourishing tourism
industry. Latin America is anticipated to witness a rise in the regional
market due to the pacifying political and reviving economic situation.
No comments:
Post a Comment