Phosphorescent Pigments Market 2018 Key Players: Radiant Color, United Mineral and Chemical Corp., Next Generation, Tavco Chemicals, GloNation, GTA, RTP Company, RC Tritec, Glow Inc
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Say for instance, the Urban Redevelopment Authority (URA), as recent as early 2017, tested four different types of surface materials on a 1,300-foot stretch of Singapore’s Rail Corridor behind a metro station in Bukit Panjang, in order to make the trial safer and more reliable for public use, without the necessity for street lighting. While the response to the luminous trail has been slightly underwhelming, it has been satisfying enough for the notion to gain weightage, prompting regional phosphorescent pigments market players to expand their R&D programs and explore the idea further with regards to practical implementation.
Phosphorescent pigments market may dynamically transform street lighting & energy consumption
These products, better known by their colloquial name – ‘glow in the dark’ paints, find tremendous applications across the paints and coatings, plastics, and construction sectors, pertaining to their exclusive property of light absorption and quick, controlled emission in a dark environment.
Endowed with excellent temperature resistance and longer emission times, these pigments ensure the long-term appearance of a luminous effect, which can be aptly credited for the expansive end-use spectrum of phosphorescent pigments market that includes novelty toys, roads, military equipment, plastic sheets, automobile interiors, wheel coatings, fire exits, and emergency signboards. One of the domains however, that may extensively benefit from these pigments and prove to be a profitable avenue for phosphorescent pigments industry growth, is the energy sector.
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As on today, ‘glow in the dark’ paint is being deployed across a plethora of applications in order to reduce energy consumption, which may substantially pave the way for phosphorescent pigments market expansion. Phosphorescent paint for instance, is being used to create luminous cement, that may transform the way the urban landscape is lit.
Phosphorescent pigments industry firms have even been researching ways of developing ‘glow in the dark’ plants, that may direct the global populace toward a more sustainable and eco-friendly lifestyle. The pigments are specifically used for emergency exit signages, given the gravity of the situation. In fact, just recently, Councilor Mabel Acosta of Philippines stated that it would be mandatory for all the establishments to install glowing emergency exits that may help people escape during unforeseen calamities.
Partial Chapter of the Table of Content
Chapter 5. Phosphorescent Pigments Market, By End-user
5.1. Global phosphorescent pigments market share by end-user, 2016 & 2024
5.2. Paints & coatings
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013–2024
5.3. Printing inks
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013–2024
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013–2024
5.5. Construction materials
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by region, 2013–2024
5.6. Others (textile, digital electronics, rubber & films, etc.)
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by region, 2013–2024
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