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Fluorescent Pigment Market Share, Size, Trends, Industry Analysis Report, By Formulation (Organic Fluorescent Pigment, Inorganic Fluorescent Pigment); By Type; By Application; By End-Use; By Region; Segment Forecast, 2024- 2032
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The global fluorescent pigment market size is expected to reach USD 636.30 Million by 2032, according to a new study by Polaris Market Research. The report "Fluorescent Pigment Market Share, Size, Trends, Industry Analysis Report, By Formulation (Organic Fluorescent Pigment, And Inorganic Fluorescent Pigment); By Type; By Application; By End-Use; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Fluorescent Pigment Market plays a pivotal role in enhancing both the visual appeal and functional attributes of a diverse array of products across various industries. Renowned for their ability to emit visible light upon exposure to UV light, these pigments infuse vibrant and brilliant colors into a wide range of applications. They are indispensable in creating high-visibility products such as traffic signs, safety markings, and high-visibility apparel, significantly enhancing visibility in low-light settings and thereby improving overall safety measures.
Moreover, fluorescent pigments find extensive use in paints, coatings, inks, textiles, plastics, and cosmetics, where they contribute to generating visually appealing effects that enhance aesthetic appeal and commercial acceptability. A significant driver of market growth is the increasing demand for high-visibility and safety-enhancing products, particularly in areas such as road safety, construction, and personal protective equipment. Fluorescent pigments play a crucial role in the development of eye-catching materials, boosting visibility in low-light conditions and meeting overall safety requirements.
Furthermore, innovations and technological advancements in the pigment sector serve as additional motivators for market expansion. Continuous research and development efforts focus on enhancing the efficacy, durability, and environmental friendliness of fluorescent pigments while also expanding their range of applications and addressing environmental concerns associated with conventional formulations.
The market's expansion is further propelled by the flexibility of fluorescent pigments, which find extensive use across various sectors, including paints, coatings, inks, textiles, plastics, and cosmetics. The ability to create visually arresting effects and brilliant hues influences product aesthetic appeal, customer preferences, and market acceptability. Additionally, the increased usage of fluorescent pigments in the fashion and design sectors, as well as the growing emphasis on artistic and decorative applications, contribute to market growth.Top of Form
Fluorescent Pigment Market Report Highlights
In 2023, the Organic fluorescent pigment segment accounted for the largest market share in the fluorescent pigment market. Continuous research and development efforts have led to advancements in organic fluorescent pigment technology, resulting in improved performance and a broader range of color options. These advancements have further fueled the adoption of organic fluorescent pigments in various industries.
The textile segment is expected to grow at the fastest CAGR during the forecast period. The high-visibility clothing for safety purposes often incorporates fluorescent pigments to enhance visibility, especially in low-light conditions. With an increasing emphasis on safety regulations and standards, the demand for such functional textiles is expected to rise.
In 2023, Asia Pacific dominated the largest market. The Asia Pacific region is experiencing rapid industrialization across various sectors, including paints and coatings, plastics, textiles, printing inks, and cosmetics.
North America is expected to grow at the fastest CAGR during the forecast period. North American consumers are becoming more aware of the benefits of fluorescent pigments in enhancing visibility and safety, driving the adoption of such products, and boosting fluorescent pigment market growth.
The global key market players are Luminochem, Radiant Color NV, Wanlong Chemical Co., Ltd., Wuxi Minghui International Trading Co., Ltd., Sinloihi Co., Ltd., DayGlo Color Corp., Hangzhou Aibai Chemical Co., Ltd., Brilliant Group Inc.
Polaris Market Research has segmented the fluorescent pigment market report based on formulation, type, application, end use, and region
Fluorescent Pigment, formulation Category Outlook (Revenue - USD Million, 2019 - 2032)
Organic fluorescent pigment.
Inorganic fluorescent pigment
Fluorescent Pigment, Type Outlook (Revenue - USD Million, 2019 - 2032)
Dayglow Pigments
Phosphorescent Pigments
Others
Fluorescent Pigment, Application Outlook (Revenue - USD Million, 2019 - 2032)
Printing Inks / Graphic Arts
Paints & Coatings
Plastics
Others
Fluorescent Pigment, End Use Outlook (Revenue - USD Million, 2019 - 2032)
Security & Currency
Packaging
Automotive & Transportation
Building & Construction
Textile
Cosmetics
Others
Fluorescent Pigment, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
3. Research Methodology
3.1. Overview
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Fluorescent Pigment Market Insights
4.1. Fluorescent Pigment - Industry Snapshot
4.2. Fluorescent Pigment Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Expanding End-User Industries is projected to spur product demand
4.2.1.2. Rising Technological Advancements
4.2.2. Restraints and Challenges
4.2.2.1. High cost of fluorescent pigment
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Fluorescent Pigment Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Fluorescent Pigment Market, by Formulation
5.1. Key Findings
5.2. Introduction
5.2.1. Global Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
5.3. Organic fluorescent pigment
5.3.1. Global Fluorescent Pigment Market, by Organic fluorescent pigment, by Region, 2019-2032 (USD Million)
5.4. Inorganic fluorescent pigment
5.4.1. Global Fluorescent Pigment Market, by Inorganic fluorescent pigment, by Region, 2019-2032 (USD Million)
6. Global Fluorescent Pigment Market, by End Use
6.1. Key Findings
6.2. Introduction
6.2.1. Global Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
6.3. Security & Currency
6.3.1. Global Fluorescent Pigment Market, by Security & Currency, by Region, 2019-2032 (USD Million)
6.4. Packaging
6.4.1. Global Fluorescent Pigment Market, by Packaging, by Region, 2019-2032 (USD Million)
6.5. Automotive & Transportation
6.5.1. Global Fluorescent Pigment Market, by Automotive & Transportation, by Region, 2019-2032 (USD Million)
6.6. Building & Construction
6.6.1. Global Fluorescent Pigment Market, by Building & Construction, by Region, 2019-2032 (USD Million)
6.7. Textile
6.7.1. Global Fluorescent Pigment Market, by Textile, by Region, 2019-2032 (USD Million)
6.8. Cosmetics
6.8.1. Global Fluorescent Pigment Market, by Cosmetics, by Region, 2019-2032 (USD Million)
6.9. Others
6.9.1. Global Fluorescent Pigment Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Fluorescent Pigment Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
7.3. Printing Inks / Graphic Arts
7.3.1. Global Fluorescent Pigment Market, by Printing Inks / Graphic Arts, by Region, 2019-2032 (USD Million)
7.4. Paints & Coatings
7.4.1. Global Fluorescent Pigment Market, by Paints & Coatings, by Region, 2019-2032 (USD Million)
7.5. Plastics
7.5.1. Global Fluorescent Pigment Market, by Plastics, by Region, 2019-2032 (USD Million)
7.6. Others
7.6.1. Global Fluorescent Pigment Market, by Others, by Region, 2019-2032 (USD Million)
8. Global Fluorescent Pigment Market, by Type
8.1. Key Findings
8.2. Introduction
8.2.1. Global Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
8.3. Dayglow Pigments
8.3.1. Global Fluorescent Pigment Market, by Dayglow Pigments, by Region, 2019-2032 (USD Million)
8.4. Phosphorescent Pigments
8.4.1. Global Fluorescent Pigment Market, by Phosphorescent Pigments, by Region, 2019-2032 (USD Million)
8.5. Others
8.5.1. Global Fluorescent Pigment Market, by Others, by Region, 2019-2032 (USD Million)
9. Global Fluorescent Pigment Market, by Geography
9.1. Key findings
9.2. Introduction
9.2.1. Fluorescent Pigment Market Assessment, By Geography, 2019-2032 (USD Million)
9.3. Fluorescent Pigment Market - North America
9.3.1. North America: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.3.2. North America: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.3.3. North America: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.3.4. North America: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.3.5. Fluorescent Pigment Market - U.S.
9.3.5.1. U.S.: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.3.5.2. U.S.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.3.5.3. U.S.: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.3.5.4. U.S.: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.3.6. Fluorescent Pigment Market - Canada
9.3.6.1. Canada: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.3.6.2. Canada: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.3.6.3. Canada: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.3.6.4. Canada: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4. Fluorescent Pigment Market - Europe
9.4.1. Europe: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.2. Europe: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.3. Europe: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.4. Europe: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.5. Fluorescent Pigment Market - UK
9.4.5.1. UK: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.5.2. UK: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.5.3. UK: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.5.4. UK: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.6. Fluorescent Pigment Market - France
9.4.6.1. France: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.6.2. France: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.6.3. France: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.6.4. France: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.7. Fluorescent Pigment Market - Germany
9.4.7.1. Germany: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.7.2. Germany: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.7.3. Germany: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.7.4. Germany: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.8. Fluorescent Pigment Market - Italy
9.4.8.1. Italy: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.8.2. Italy: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.8.3. Italy: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.8.4. Italy: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.9. Fluorescent Pigment Market - Spain
9.4.9.1. Spain: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.9.2. Spain: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.9.3. Spain: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.9.4. Spain: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.10. Fluorescent Pigment Market - Netherlands
9.4.10.1. Netherlands: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.10.2. Netherlands: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.10.3. Netherlands: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.10.4. Netherlands: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.4.11. Fluorescent Pigment Market - Russia
9.4.11.1. Russia: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.4.11.2. Russia.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.4.11.3. Russia: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.4.11.4. Russia: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5. Fluorescent Pigment Market - Asia Pacific
9.5.1. Asia Pacific: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.2. Asia Pacific: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.3. Asia Pacific: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.4. Asia Pacific: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.5. Fluorescent Pigment Market - China
9.5.5.1. China: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.5.2. China.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.5.3. China: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.5.4. China: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.6. Fluorescent Pigment Market - India
9.5.6.1. India: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.6.2. India.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.6.3. India: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.6.4. India: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.7. Fluorescent Pigment Market - Japan
9.5.7.1. Japan: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.7.2. Japan.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.7.3. Japan: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.7.4. Japan: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.8. Fluorescent Pigment Market - Malaysia
9.5.8.1. Malaysia: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.8.2. Malaysia.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.8.3. Malaysia: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.8.4. Malaysia: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.9. Fluorescent Pigment Market - Indonesia
9.5.9.1. Indonesia: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.9.2. Indonesia.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.9.3. Indonesia: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.9.4. Indonesia: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.5.10. Fluorescent Pigment Market - South Korea
9.5.10.1. South Korea: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.5.10.2. South Korea.: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.5.10.3. South Korea: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.5.10.4. South Korea: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.6. Fluorescent Pigment Market - Middle East & Africa
9.6.1. Middle East & Africa: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.6.2. Middle East & Africa: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.6.3. Middle East & Africa: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.6.4. Middle East & Africa: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.6.5. Fluorescent Pigment Market - Saudi Arabia
9.6.5.1. Saudi Arabia: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.6.5.2. Saudi Arabia: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.6.5.3. Saudi Arabia: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.6.5.4. Saudi Arabia: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.6.6. Fluorescent Pigment Market - South Africa
9.6.6.1. South Africa: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.6.6.2. South Africa: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.6.6.3. South Africa: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.6.6.4. South Africa: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.6.7. Fluorescent Pigment Market - Israel
9.6.7.1. Israel: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.6.7.2. Israel: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.6.7.3. Israel: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.6.7.4. Israel: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.6.8. Fluorescent Pigment Market - UAE
9.6.8.1. UAE: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.6.8.2. UAE: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.6.8.3. UAE: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.6.8.4. UAE: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.7. Fluorescent Pigment Market - Latin America
9.7.1. Latin America: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.7.2. Latin America: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.7.3. Latin America: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.7.4. Latin America: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.7.5. Fluorescent Pigment Market - Mexico
9.7.5.1. Mexico: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.7.5.2. Mexico: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.7.5.3. Mexico: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.7.5.4. Mexico: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.7.6. Fluorescent Pigment Market - Brazil
9.7.6.1. Brazil: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.7.6.2. Brazil: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.7.6.3. Brazil: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.7.6.4. Brazil: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
9.7.7. Fluorescent Pigment Market - Argentina
9.7.7.1. Argentina: Fluorescent Pigment Market, by Formulation, 2019-2032 (USD Million)
9.7.7.2. Argentina: Fluorescent Pigment Market, by Type, 2019-2032 (USD Million)
9.7.7.3. Argentina: Fluorescent Pigment Market, by End Use, 2019-2032 (USD Million)
9.7.7.4. Argentina: Fluorescent Pigment Market, by Application, 2019-2032 (USD Million)
10. Competitive Landscape
10.1. Expansion and Acquisition Analysis
10.1.1. Expansion
10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
11.1. Aron Universal Limited
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Recent Development
11.2. Brilliant Group Inc.
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4. Recent Development
11.3. DayGlo Color Corp
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Benchmarking
11.3.4. Recent Development
11.4. Hangzhou Aibai Chemical Co., Ltd.
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Recent Development
11.5. Luminochem
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Recent Development
11.6. Radiant Color NV
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Recent Development
11.7. Sinloihi Co., Ltd.
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Recent Development
11.8. Vicome Corp.
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Recent Development
11.9. Wanlong Chemical Co., Ltd.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Benchmarking
11.9.4. Recent Development
11.10. Wuxi Minghui International Trading Co., Ltd.
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Benchmarking
11.10.4. Recent Development
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