Press release
Phosphorescent Pigments Market to trace exponential gain till 2024; boosted by the Plastics industry
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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.
Primary hindrance to the product phosphorescent pigments industry growth is the substitution of phosphorescent with fluorescent pigments which have long wavelength and immediate emit light property. Moreover, fluctuations in zinc sulfide prices may also hamper the product market during the forecast years.
On the basis of product, the phosphorescent pigments market is bifurcated into strontium aluminate and zinc sulfide. Zinc sulfide is the most commonly used pigment, owing to low price and easy availability, as compared to strontium aluminate and has a higher industry share. On the contrary, strontium aluminate is likely to have a high growth rate owing to its 10 times high luminous power than zinc sulfide. Replacement of zinc sulfide and increasing use of strontium aluminate will fuel the product market in coming years.
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.
Growing automotive production and construction activities in Asia-Pacific region will provide the region more than half of the global market share.
The product use to manufacture automobile parts and construction materials with better quality and aesthetic look will spur the phosphorescent pigments market in next seven years down the line.
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Glimpse of Table of Content (ToC)
Chapter 4. Phosphorescent Pigments Market, Product By End-user
4.1. Global phosphorescent pigments industry share product by end-user, 2016 & 2024
4.2. Zinc sulfide
4.2.1. Market estimates and forecast, by end-user, 2013–2024
· Paints & coatings
· Printing inks
· Plastics
· Construction materials
· Others
4.2.2. Market estimates and forecast, by region, 2013–2024
4.3. Strontium aluminate
4.3.1. Market estimates and forecast, by end-user, 2013–2024
· Paints & coatings
· Printing inks
· Plastics
· Construction materials
· Others
4.3.2. Market estimates and forecast, by region, 2013–2024
Chapter 5. Phosphorescent Pigments Market, By End-user
5.1. Global phosphorescent pigments industry 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. Plastics
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
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/phosphorescent-pigments-market
Some renowned market players providing immense contribution to the phosphorescent pigments market are Honeywell, Nemoto Lumi-Materials, LuminoChem Ltd and Glotech International. Other notable players include Lightleader, Radiant Color, Tavco Chemicals, RTP Company, United Mineral and Chemical Corp., Allureglow International, and RC Tritec.
Browse Related Report: https://www.marketwatch.com/press-release/xylenols-market-is-predicted-to-grow-significantly-in-the-coming-years-north-america-to-be-major-revenue-contributor-2019-09-16
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