The global Daylight Fluorescent Pigments market was valued at 21.34 Million USD in 2021 and will grow with a CAGR of 9.75% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Daylight fluorescent pigments are luminescent materials that require no artificially generated energy to reflect colored light and to give off fluorescent light. Fluorescent pigments are composed of dyed organic polymers that are formulated to be solvents for the fluorescence dyestuff. In contrast to ordinary colors, light emitted from a fluorescent color adds to the light returned by simple reflection to give the glow characteristic of daylight-fluorescent materials.The migration of the Daylight Fluorescent Pigments business to Asia, particularly China and India, continues. Since the mid-1990s, production in China and India has rapidly increased; China is now the world`s largest consumer of Daylight Fluorescent Pigments. Additional medium-tier to higher-value Daylight Fluorescent Pigments also migrates to China from North America, Europe and Japan. Production in Europe, USA and Japan continues on a downward trend as the market has become globalized and gross margins have been squeezed. To Daylight Fluorescent Pigments global application, in 2016, paints & coatings industry account for 25% of demand, printing inks industry about 52%, plastics industry about 19% and other industries such as cosmetics for the remainder. The printing market for publication of newsprint and periodicals has fallen as a result of competition from the internet, but demand for printing inks for packaging remains strong. Stricter environmental mandates are impacting the availability of some key ingredients. In the aftermath of the recent financial crisis, suppliers are cautious about adding capacity, and they continue to closely manage their inventory, which leaves customers vulnerable to potential stock outs in the event of supply problems or a spike in demand. Although Daylight Fluorescent Pigments brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
By Market Verdors:
- Day-Glo Color Corp (RPM International)
- Dane Color (RPM International)
- Radiant Color N.V (RPM International)
- UKSEUNG
- SINLOIHI (DAI NIPPON TORYO)
- Huangshan Jiajia Science and Technology
- China wanlong chemical
- Lynwon Group
- J Color Technologies
- Vicome Corp
- Ming Hui Group (Spectra Colours Ltd)
- Aron Universal Ltd
- Nanochemitek (Yangzhou) Corp
- LuminoChem
By Types:
- Thermoset Type
- Thermoplastic Type
By Applications:
- Paints & Coatings Industry
- Printing Inks Industry
- Plastics Industry
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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