Daylight Fluorescent Pigments Market Summary
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.
According to the new market research report “Global Daylight Fluorescent Pigments Market Report 2024-2030”, published by QYResearch, the global Daylight Fluorescent Pigments market size is projected to reach USD 0.58 billion by 2030, at a CAGR of 6.7% during the forecast period.
- Global Daylight Fluorescent Pigments MarketSize(US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Daylight Fluorescent Pigments Top14Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Daylight Fluorescent Pigments include Day-Glo Color Corp (RPM International), Dane Color (RPM International), Huangshan Jiajia Science and Technology, Radiant Color N.V (RPM International), UKSEUNG, China Wanlong Chemical, SINLOIHI (DAI NIPPON TORYO), J Color Technologies, Lynwon Group, Vicome Corp, etc.
In 2023, the global top five players had a share approximately 65.0% in terms of revenue.
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- Daylight Fluorescent Pigments,Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030.
In terms of product type, currently Thermoset Type is the largest segment, hold a share of 53.9%.
- Daylight Fluorescent Pigments,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030.
In terms of product application, Printing Inks Industry is the largest application, hold a share of 53.3%,
- Daylight Fluorescent Pigments,Global Market Size, Split by Region (Production)
Based on or includes research from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030.
- Daylight Fluorescent Pigments,Global Market Size, Split by Region
Based on or includes research from QYResearch: Global Daylight Fluorescent Pigments Market Report 2024-2030.
Market Drivers:
Market demand growth: Advertising and signage industry: Fluorescent pigments are widely used in advertising and signage to increase visual appeal and visibility. Textile and Fashion Industry: Fluorescent pigments are used in clothing, footwear and accessories to meet fashion and design needs. Toy and stationery industry: Fluorescent pigments are used in children’s toys, stationery and school supplies to attract children’s interest.
Technological Advances: Improvements in Pigment Performance: With advances in chemistry and materials science, the brightness, durability and color stability of fluorescent pigments continue to improve. Development of new fluorescent materials: such as the development of environmentally friendly fluorescent pigments and non-toxic pigments with better safety.
Environmental protection and regulatory promotion: Environmental regulations: Countries have increasingly stringent environmental requirements for chemicals, driving companies to develop and use environmentally friendly fluorescent pigments.
Sustainability trends: Increased consumer demand for green and sustainable products has prompted companies to adopt environmentally friendly materials and production processes.
Restraint:
Raw material costs: High-cost raw materials: The cost of special chemical raw materials required to produce high-quality fluorescent pigments is higher, leading to higher production costs. Fluctuation in raw material supply: Unstable supply or price fluctuations of key raw materials will affect production planning and cost control.
Technology and R&D investment: Technical barriers: The production technology of high-performance fluorescent pigments is complex and requires continuous R&D investment and technology accumulation. Innovation ability: The lack of sufficient innovation ability and technology research and development resources will limit the competitiveness of enterprises in the market.
Environmental and health safety issues: Toxic and hazardous substances: Some fluorescent pigments contain toxic and hazardous substances, which may cause harm to the environment and human health and require strict testing and management.
Restrictions on environmental protection regulations: Environmental regulations on chemicals in various countries are becoming increasingly strict, which puts forward higher environmental protection requirements for corporate production and product ingredients, increasing compliance costs.
Opportunity:
Expansion of emerging markets: Asia-Pacific and African markets: The rapid economic growth and industrialization process in these regions provide a broad market space for the fluorescent pigment industry. Urbanization process: With the acceleration of urbanization process, the demand for fluorescent pigments has increased in fields such as construction, advertising and transportation.
Technological innovation and product upgrades: Development of high-performance pigments: Improve the brightness, durability and environmental performance of fluorescent pigments through the development of new materials and new processes. Multifunctional products: Develop fluorescent pigments with multifunctionality, such as products with additional functions such as anti-counterfeiting and UV protection.
Environmental protection and sustainable development: Environmentally friendly fluorescent pigments: With the improvement of environmental awareness, the market demand for non-toxic, harmless, degradable and environmentally friendly fluorescent pigments has increased. Renewable materials: The development of fluorescent pigments using renewable resources and bio-based materials is in line with the trend of sustainable development.
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