Press release
Global Photoluminescent Products Market Will Reach At CAGR Of 3.31% Between 2017-2021
Photoluminescent materials consist of inorganic chemical compounds, which are referred to as photoluminescent pigments, and are encased in flexible or rigid strata, or dispersed in a liquid form, such as paint. Photoluminescent pigments consist of crystals of aggregated elements and other agents. The crystals undergo certain changes when they are exposed to light. Furthermore, these crystals have the ability to store light photons, becoming luminescent over time. After the crystals are charged, they will remain excited and continue to emit light even after the light source is removed. Over time, the energy stored in the crystals will continuously dissipate until its complete depletion; the material can be recharged by re-exposure to light.
Technavios analysts forecast the global photoluminescent products market to grow at a CAGR of 3.31% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global photoluminescent products market for 2017-2021. To calculate the market size, the report considers the the demand for photoluminescent products.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavios report, Global Photoluminescent Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
American Permalight
Jessup Manufacturing Company
GLOTECH, Glowway
Soluciones Luminiscentes
Other prominent vendors
Ecoglo International
EverGlow
Jalite
Wooster Products
Market driver
Augmented infrastructural development in APAC
For a full, detailed list, view our report
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Market challenge
Lack of product differentiation leading to threat of rivalry
For a full, detailed list, view our report
Market trend
Increasing application in aviation industry
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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