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The Daylight Fluorescent Pigments are radiant substance that gives of fluorescent color naturally and it does not require any artificially generated energy to reflect colored light. The invisible UV daylight element is converted into visible light by the Daylight Fluorescent Pigments and the pigments appear considerably stronger and more brilliant than conventional colors. The Daylight Fluorescent Pigments extend the light density to the fixed wavelengths. The Daylight Fluorescent Pigments are made up of dyed organic polymers that are formulated to be solvents for the fluorescence dyestuff. When the dyes are in undissolved state then they do not fluoresce. When the dyes are dissolved in thermoset and thermoplastic carrier resin and are converted into powder they become fluorescent pigments. But there are very few fluorescent Dyes that are available in Market and can be converted into pigments. The fluorescent color becomes brighter and more visible when UV rays fall on it, unlike other conventional colors which become dull.
The Global Daylight Fluorescent Pigment Market is expected to witness an impressive growth rate in upcoming years. The Daylight Fluorescent Pigments are used in toys, traffic cones, nail paints and many such things which are seen in normal day-to-day life. As the population is increasing, the demand for toys, nail paints and other products is also increasing which is resulting in the increase in demand for fluorescent pigments. Moreover, customers taste and preference is shifting towards fluorescent Colors which is the major factor of significant increase in the Global Daylight Fluorescent Pigment Market.
The Daylight Fluorescent Pigment is segmented into thermoplastic pigment, thermoset pigment and others. The Thermoplastic pigment is further classified into Melamine Formaldehyde Type, Polyamide Type, Polyester Type and Vinyl or Acrylic Type. Thermoplastic pigment holds the largest market share also expected to grow at a significant growth rate in forecasted years. Development of environmentally friendly Pigments is the biggest challenge facing by Daylight Fluorescent Pigment manufacturers. Large amount of budget and resources have been allocated by major manufacturers to develop better Daylight Fluorescent Pigments.
The study covers a detailed analysis, growth and forecast of the Daylight Fluorescent Pigments Market. The report includess Market analysis on global and regional levels. The study covers historical data analysis from 2018 to 2023 and Market forecasts for 2024 to 2030 based on revenue generated. The study includes Market value in terms of revenue in billion USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2022-2029. The Market is expected to show constant growth between 2024 to 2030.
The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Daylight Fluorescent Pigments Market along with their impact on demand during the forecast period. The study also provides key Market indicators affecting the growth of the Market. Research report includess major player analysis with shares of each player inside Market, growth rate and Market attractiveness in different end-users/regions. Our study Daylight Fluorescent Pigments Market helps users to make precise decisions to expand their Market presence and increase Market share.
The report provides Daylight Fluorescent Pigments Market Dynamics, including industry growth drivers, challenges, opportunities, risks, constraints as well as threats. Reports also include Manufacturing Cost Analysis mainly including Raw Materials Analysis, Price trends of products, Mergers & Acquisitions, Expansion, Key Suppliers of products, Concentration Rate of Daylight Fluorescent Pigments Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly including Technology Progress, Consumer Needs Trends, and External Environmental Change.
Global Daylight Fluorescent Pigments Market : Product Type
Global Daylight Fluorescent Pigments Market : Application
Global Daylight Fluorescent Pigments Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Daylight Fluorescent Pigments Market:
Geographical analysis of Global Daylight Fluorescent Pigments Market:
Global Daylight Fluorescent Pigments Market Report delivers a comprehensive analysis of the following parameters:
Base Year Value (2023)
USD 356.11 million
Forecast Value (2030)
USD 655.17 million
CAGR (2022 to 2028)
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW
Daylight Fluorescent Pigments Market was valued at around USD 356.11 million in 2023 & estimated to reach USD 655.17 million by 2030.
Daylight Fluorescent Pigments Market is likely to grow at compounded annual growth rate (CAGR) of 9.1% between 2024 to 2030.
Yes, the report includes COVID 19 impact on the market.
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