The fluorescent pigment market is expected to reach USD 498 million by 2028, at a compound annual growth rate (CAGR) of 5.7% from USD 377 million in 2023, according to a recently published report by MarketsandMarketsTM titled “Fluorescent Pigment Market by Formulation (Organic, Inorganic), Characteristic Type, Type, Intensity (High Intensity, Medium Intensity, Low Intensity), Application (Paints & Coatings, Printing Inks), End-Use Industry, & Region – Global Forecast to 2028.”
The market for fluorescent pigment is driven by several reasons, such as increased demand, expanding applications across many industries, favorable economic conditions, changing consumer behavior, and technological breakthroughs. One major factor propelling the market’s expansion is the growing usage of fluorescent pigments in a variety of end-use sectors, including paints and coatings, printing inks, plastics, cosmetics, textiles, and electronics.
Download PDF Brochure: https://www.
Browse
- 289 Market Data Tables
- 146 Figures
- 310 Pages and in-depth TOC on “Fluorescent Pigment Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The key global players in the fluorescent pigment market include Radiant Color NV (Belgium), Luminochem (
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the fluorescent pigment market.
Recent Developments in Fluorescent Pigment Market Industry
- In April 2019, DayGlo Introduced the second generation of legal fluorescent colorants for cosmetics. It can be used in oil-based, and solvent or water born formulations.
Request Sample Pages: https://www.
“Organic fluorescent pigment is projected to be the largest formulation of fluorescent pigment, in terms of value, during the forecast period.”
Stringent regulations promoting the use of environmentally friendly pigments have fueled the growth of organic fluorescent pigments. Organic fluorescent pigments find extensive use in high-visibility products. They are useful in end-use industries such as paints and coatings, plastics, textiles, and printing inks. These factors, combined with the market’s emphasis on safety applications and the overall growth of the high-visibility applications across various industries, have led to the growth of organic fluorescent pigment.
“Printing inks/Graphics arts is the fastest growing application of the fluorescent pigment, in terms of value.”
UV Fluorescent pigments are used in printing inks to create high-visibility products. These pigments are sensitive to light and some chemicals, and they fluoresce when exposed to UV radiation, resulting in bright, neon colors with high brilliance. In the graphic arts market, fluorescent pigments are employed to create eye-catching posters, signs, and displays. The vibrant and intense colors produced by fluorescent pigments under UV light can attract attention and are often used for promotional materials.
“Asia Pacific captures the largest share in the fluorescent pigment market during the forecast period, in terms of value.”
Asia Pacific is the largest market for fluorescent pigment due to several factors. The region has the largest consumption of fluorescent pigment, with China, India, South Korea, and Japan being the major contributors. These countries have major industries such as textiles, printing, packaging, and electronics, which use fluorescent pigments in various applications such as inks, coatings, and plastics. The packaging industry in the region is substantial due to the large population and increasing consumer demand. Fluorescent pigments are often used in packaging materials to enhance visual appeal and attract consumer attention.
Inquire Now: https://www.
