Phosphorescent Pigments Market Key Players by 2024:

Based on end-user, the phosphorescent pigments market is diversified into construction materials, paints & coatings, plastics, printing inks and others including electronics, textile, rubber, etc. These materials are applied in safety passage, factories, stations, ships, public buildings, etc. to help people to find the rescue way in dark environment. Construction materials such as decorative pieces will account for a significant market share owing to buying power of consumers around the globe.

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Based on product, phosphorescent pigments market is divided into two major categories, namely, strontium aluminate and zinc sulfide. In terms of volume, zinc sulfide segment will hold a slightly higher market share by the end of the forecast period driven by its conventional popularity. Strontium aluminate based product will grow at comparatively higher rate because of its superior properties in order to capture a significant market share owing to its increasing usage in signage boards.

Plastics industry deemed to be the profitable quotient for the phosphorescent pigments market as they are combined with various resins such as polyethylene, polyvinyl chloride, propylene, acrylonitrile butadiene styrene to provide luminous property to wheel coatings, automotive interiors, military equipment, packaging materials, and novelty toys. High emission time, non-radioactivity, temperature stability of the phosphorescent pigments provides long lasting luminous effect to the plastic films and imitation leathers which will further boost the product market in next seven years down the line.

Phosphorescent pigments also find application in fishing lures, craft paints, clock & watch dials, home appliances, lighting apparatus and switches, automotive and aircraft indicator and instrument panels, outdoor pathway marking, camping equipment, remote control keypads and silkscreen printing on posters and textiles. The increasing usage of these regular use commodities will substantiate a significant development in the phosphorescent pigments market in coming years.

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Phosphorescent pigments market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume as tons, and revenue in USD thousand from 2013 to 2024, for the following segments:

Phosphorescent Pigments Market, Product by End-user

• Zinc sulfide
o Paints & coatings
o Printing inks
o Plastics
o Construction materials
o Others
• Strontium aluminate
o Paints & coatings
o Printing inks
o Plastics
o Construction materials
o Others

Phosphorescent Pigments Market by End-user
• Paints & coatings
• Printing inks
• Plastics
• Construction materials
• Others

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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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