Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- Daylight fluorescent pigments are luminescent materials that require no artificially generated energy to reflect colored light and to give off fluorescent light. Fluorescent pigments are composed of dyed organic polymers that are formulated to be solvents for the fluorescence dyestuff. In contrast to ordinary colors, light emitted from a fluorescent color adds to the light returned by simple reflection to give the glow characteristic of daylight-fluorescent materials.
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The migration of the Daylight Fluorescent Pigments business to Asia, particularly China and India, continues. Since the mid-1990s, production in China and India has rapidly increased; China is now the world's largest consumer of Daylight Fluorescent Pigments. Additional medium-tier to higher-value Daylight Fluorescent Pigments also migrates to China from North America, Europe and Japan. Production in Europe, USA and Japan continues on a downward trend as the market has become globalized and gross margins have been squeezed.
To Daylight Fluorescent Pigments global application, in 2016, paints & coatings industry account for 25% of demand, printing inks industry about 52%, plastics industry about 19% and other industries such as cosmetics for the remainder. The printing market for publication of newsprint and periodicals has fallen as a result of competition from the internet, but demand for printing inks for packaging remains strong.
Stricter environmental mandates are impacting the availability of some key ingredients. In the aftermath of the recent financial crisis, suppliers are cautious about adding capacity, and they continue to closely manage their inventory, which leaves customers vulnerable to potential stock outs in the event of supply problems or a spike in demand.
Although Daylight Fluorescent Pigments brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Daylight Fluorescent Pigments market was 220 million US$ in 2018 and is expected to 440 million US$ by the end of 2025, growing at a CAGR of 10.0% between 2019 and 2025.
This report studies the Daylight Fluorescent Pigments market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Daylight Fluorescent Pigments in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Day-Glo Color Corp (RPM International)
Dane Color (RPM International)
Radiant Color N.V (RPM International)
UKSEUNG
SINLOIHI (DAI NIPPON TORYO)
Huangshan Jiajia Science and Technology
China wanlong chemical
Lynwon Group
J Color Technologies
Vicome Corp
Ming Hui Group (Spectra Colours Ltd)
Aron Universal Ltd
Nanochemitek (Yangzhou) Corp
LuminoChem
By the product type, the market is primarily split into
Thermoset Type
Thermoplastic Type
Other (Aqueous Dispersions, etc)
By the end users/application, this report covers the following segments
Paints & Coatings Industry
Printing Inks Industry
Plastics Industry
Other
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