Fluorescent Paint Market is Estimated to Reach USD 623.26 Million By 2030: Cognitive Market Research

Fluorescent Paint Market Overview:
What is Fluorescent Paint?
Fluorescent paint is a type of paint, which forms colored light and emits visible when exposed to light. These are used in coatings and paints, paper goods, plastics, and leather goods, fabrics, among others. Fluorescent paint can absorb visible & non-visible electromagnetic radiation, and waves quickly release the absorbed energy at the wavelength. These paints are used in various applications such as commercial buildings, facilities, safety equipment, and road line markings.

Summary:
• As per the study of CMR, The Global Fluorescent Paint Market Size Was Valued at USD 360.21 Million In 2022 And Is Expected to Grow at A CAGR Of 7.17 % During the Forecast Period, Reaching USD 623.26 Million By 2030.
• Based on type, the daylight fluorescents segment has the major revenue share in the fluorescent paint market.
• Based on application, the road line markings segment has the largest revenue share in the fluorescent paint market.
• Asia-Pacific has the largest revenue share in the fluorescent paint market.

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Market Dynamics:
What are the key driving factors for the fluorescent paint market?
Increasing demand for fluorescent paint in the construction and building industry is the key factor expected to drive the growth of the fluorescent paint market. In addition, the rising use of optical whiteners in coated and uncoated paper sectors is expected to drive the growth of the fluorescent paint market.

What are the opportunities for the fluorescent paint market?
Increasing the use of fluorescent paint in the defense and aerospace industries is projected to create lucrative growth opportunities for the global fluorescent paint market in the forecast period.

What is the retraining factor for the fluorescent paint market?
Increasing the use of phosphors with no radium content including silver, copper, and copper-magnesium, and conjunction with activators including, copper-magnesium, silver, and copper is expected to hamper the growth of the target market. In addition, increasing raw material costs and environmental restrictions restrict the growth of the fluorescent paint market.

Market Segmentation:
Type:
• Inorganic Fluorescents
• Daylight Fluorescents
• Optical Whiteners
Based on type, the daylight fluorescents segment has the major revenue share in the fluorescent paint market. This is attributed to daylight fluorescent paint being non-toxic and used due to providing very high visibility and the ability to attract attention. In addition, these are used in protective gear, documentation, biomedical applications, and advertising likely to drive the growth of this segment.

Application:
• Commercial Buildings
• Safety Equipment
• Facilities
• Road Line Markings
• Others
Based on application, the road line markings segment has the largest revenue share in the fluorescent paint market. This is due to increasing awareness through sign boards, signals, mandating respect, and important messages to traffic laws and approaches including organizing awareness camps. This is projected to drive the growth of this segment.

Competitive Analysis of the Fluorescent Paint Market: Krylon Products Group, Liquitex, StarLight, Glow Paint Industries, Ronan Paint

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Regional Analysis:
Asia-Pacific accounted for the largest share of the fluorescent paint market
Asia-Pacific has the largest revenue share in the fluorescent paint market. This is owing to the increasing demand for fluorescent paint in Asian countries such as China and India due to the growth of infrastructure developments and transportation. This is the key factor anticipated to drive the growth of the fluorescent paint market in the region.

Fluorescent Paint Market Industry News:
PPG has Acquired the Powder Coatings Manufacturing Business of Arsonsisi
In February 2022, PPG agreed has acquired the power coatings division of Arsonsisi, a coatings company situated in Milan, Italy. Arsonsisi is a prominent producer of industrial and architectural specialty powder coatings.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Fluorescent Paint Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Fluorescent Paint Market Segmentation
1.5.1 Fluorescent Paint Market Regional Fragmentation
1.5.1 Fluorescent Paint Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Fluorescent Paint Market
• 3.1 Global Fluorescent Paint Market Size 2018 - 2030, (USD Million)
• 3.2 Global Fluorescent Paint Value, Absolute & Opportunity Analysis
• 3.3 Global Fluorescent Paint Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Fluorescent Paint Market Statistics 2022: Snapshot
Chapter 4 Global Fluorescent Paint Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Fluorescent Paint Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Fluorescent Paint Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Fluorescent Paint Market Regional Analysis
Chapter 12 North America Fluorescent Paint Market Outlook (2018 - 2030)
Chapter 13 Europe Fluorescent Paint Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Fluorescent Paint Market Outlook (2018 - 2030)
Chapter 15 Latin America Fluorescent Paint Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Fluorescent Paint Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
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Related Report:
• Automotive Paints Market- https://www.cognitivemarketresearch.com/automotive-paint-market-report
• Luminous Paint Market- https://www.cognitivemarketresearch.com/luminous-paint-market-report
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• Epoxy Paint Thinner Market- https://www.cognitivemarketresearch.com/epoxy-paint-thinner-market-report

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