The fluorescent paint market attained $357.3 million in 2021 and is projected to reach $677.9 million by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
Fluorescent paint is a form of coating that emits visible or colored light when exposed to light. Fluorescent paints are utilized in paints and coatings, plastics, fabrics, paper goods, and leather goods, among others. It comprises two components, fluorescent paint that absorbs ultraviolet or blue light and re-emits it as visible light with a different wavelength (color). This sort of paint color emits light without the aid of an external source.
Fluorescent paint refers to paint that can absorb both visible and non-visible electromagnetic waves and radiation and then swiftly release the absorbed energy at the required wavelength. When the light of the expected wavelength is released onto this paint, it also emits a very particular hue. On a commercial scale, fluorescent paint has been utilized in a variety of applications, including the formulation of paint and coating solutions, inks, and textiles, to mention a few. There are two forms of fluorescent paint used commercially: organic and inorganic, which are derived from distinct sources. Organic fluorescent paint is made from natural and synthetic basic materials, while inorganic fluorescent paint is synthesized by combining various metal oxides. Both varieties are commercially accessible in powder and dispersion form, with formulations tailored to the requirements of the end-user industry.
Optical whitening agents are chemicals used in the paper industry to enhance the paper’s inherent whiteness. After absorbing light in the ultraviolet and violet spectrum (usually between 340 and 370 nm), these chemical compounds emit light in the blue spectrum (typically 420-470 nm). In addition to paper, they are utilized in plastics, textiles, and laundry detergents. They are also known as optical brighteners and artificial whiteners. On the dry end, the wet end, or both ends, optical whiteners can be used. Optical or fluorescent brighteners must be included in the wet end of the stock to obtain internal brightness. Paper makers typically employ fluorescent brighteners for surface coating the dry end of the size press or calendar stack. Dry-end treatment is less expensive than wet-end treatment because the chemical is sprayed on the fiber’s outside rather than its interior to reflect UV radiation in the dry end. However, some manufacturers process both the wet and dry ends together. Consequently, the broad applicability and use of optical or fluorescent brighteners in the coated or uncoated paper industry are anticipated to propel the fluorescent paint market.
Fluorescent paints are used for theatrical lights, paints, and other lighting purposes. Fluorescent paints’ expensive raw materials are a major hindrance in the global fluorescent paints market. Zinc sulfide or zinc prices are increasing due to robust market demand. The analysis from the International Monetary Fund predicts that zinc prices would increase from $2,828 per ton in 2021 to $2,859 per ton in 2022. In addition, the International Lead and Zinc Study Group (ILZSG) projects that by 2022, the worldwide demand for refined zinc is expected to increase to 14.41 million tons. In addition, the government’s severe limitations on titanium dioxide, a raw material for fluorescent paints, are anticipated to impede the expansion of the fluorescent paints market. In February 2020, the EU designated titanium dioxide as a carcinogen under CLP standards. Thus, stringent environmental regulations for raw materials impede the expansion of the fluorescent paints industry.
The usage of fluorescent paint in inks, varnishes, markings, and signs is expanding its aerospace and defense applications. The fluorescent paint offers airlines brilliant color, reflection, and brightness. To improve the tail rotor’s visibility during low-light or nighttime operations, an airline applies phosphorescent paint. In addition, fluorescent paints are employed on aircraft because they absorb light during the day and emit visible light in low-light or nighttime environments. Increasing airline operations and production post-pandemic are also propelling the bright pigments market. According to the Aerospace Industries Association (AIA), the aerospace & defense industry’s sales income reached $909 billion in 2019, a 6.7% rise from the previous year. Thus, the expanding aerospace and military industry is driving the market for fluorescent paint and providing tremendous opportunities for global expansion.
The fluorescent paint market is segmented into type, application, and region. Depending on the type, the market is divided into Inorganic fluorescents, optical whiteners, and daylight fluorescents. On the basis of application, it is categorized into safety equipment, commercial buildings, road line markings, facilities, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global fluorescents paint market are Radiant Color N.V., LuminoChem, Ronan Paints, Glow Paint Industries, GLOWTEC LTD, Krylon Products Group, DayGlo Color Corp, Brilliant Group, Inc., Aron Universal Limited, Vicome Corp. Other players operating in the market are Midstar, Xcolor, DANE Color Group and Solar Color Dust.
Depending on application, the safety equipment segment is expected to grow at a CAGR of 7.4%, in terms of revenue, during the forecast period.
Region-wise, Asia-Pacific garnered the highest share in 2021 in terms of revenue.
Fluorescent paint is a form of coating that emits visible or colored light when exposed to light. Fluorescent paints are utilized in paints and coatings, plastics, fabrics, paper goods, and leather goods, among others. It comprises two components, fluorescent paint that absorbs ultraviolet or blue light and re-emits it as visible light with a different wavelength (color). This sort of paint color emits light without the aid of an external source.
Fluorescent paint refers to paint that can absorb both visible and non-visible electromagnetic waves and radiation and then swiftly release the absorbed energy at the required wavelength. When the light of the expected wavelength is released onto this paint, it also emits a very particular hue. On a commercial scale, fluorescent paint has been utilized in a variety of applications, including the formulation of paint and coating solutions, inks, and textiles, to mention a few. There are two forms of fluorescent paint used commercially: organic and inorganic, which are derived from distinct sources. Organic fluorescent paint is made from natural and synthetic basic materials, while inorganic fluorescent paint is synthesized by combining various metal oxides. Both varieties are commercially accessible in powder and dispersion form, with formulations tailored to the requirements of the end-user industry.
Optical whitening agents are chemicals used in the paper industry to enhance the paper’s inherent whiteness. After absorbing light in the ultraviolet and violet spectrum (usually between 340 and 370 nm), these chemical compounds emit light in the blue spectrum (typically 420-470 nm). In addition to paper, they are utilized in plastics, textiles, and laundry detergents. They are also known as optical brighteners and artificial whiteners. On the dry end, the wet end, or both ends, optical whiteners can be used. Optical or fluorescent brighteners must be included in the wet end of the stock to obtain internal brightness. Paper makers typically employ fluorescent brighteners for surface coating the dry end of the size press or calendar stack. Dry-end treatment is less expensive than wet-end treatment because the chemical is sprayed on the fiber’s outside rather than its interior to reflect UV radiation in the dry end. However, some manufacturers process both the wet and dry ends together. Consequently, the broad applicability and use of optical or fluorescent brighteners in the coated or uncoated paper industry are anticipated to propel the fluorescent paint market.
Fluorescent paints are used for theatrical lights, paints, and other lighting purposes. Fluorescent paints’ expensive raw materials are a major hindrance in the global fluorescent paints market. Zinc sulfide or zinc prices are increasing due to robust market demand. The analysis from the International Monetary Fund predicts that zinc prices would increase from $2,828 per ton in 2021 to $2,859 per ton in 2022. In addition, the International Lead and Zinc Study Group (ILZSG) projects that by 2022, the worldwide demand for refined zinc is expected to increase to 14.41 million tons. In addition, the government’s severe limitations on titanium dioxide, a raw material for fluorescent paints, are anticipated to impede the expansion of the fluorescent paints market. In February 2020, the EU designated titanium dioxide as a carcinogen under CLP standards. Thus, stringent environmental regulations for raw materials impede the expansion of the fluorescent paints industry.
The usage of fluorescent paint in inks, varnishes, markings, and signs is expanding its aerospace and defense applications. The fluorescent paint offers airlines brilliant color, reflection, and brightness. To improve the tail rotor’s visibility during low-light or nighttime operations, an airline applies phosphorescent paint. In addition, fluorescent paints are employed on aircraft because they absorb light during the day and emit visible light in low-light or nighttime environments. Increasing airline operations and production post-pandemic are also propelling the bright pigments market. According to the Aerospace Industries Association (AIA), the aerospace & defense industry’s sales income reached $909 billion in 2019, a 6.7% rise from the previous year. Thus, the expanding aerospace and military industry is driving the market for fluorescent paint and providing tremendous opportunities for global expansion.
The fluorescent paint market is segmented into type, application, and region. Depending on the type, the market is divided into Inorganic fluorescents, optical whiteners, and daylight fluorescents. On the basis of application, it is categorized into safety equipment, commercial buildings, road line markings, facilities, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global fluorescents paint market are Radiant Color N.V., LuminoChem, Ronan Paints, Glow Paint Industries, GLOWTEC LTD, Krylon Products Group, DayGlo Color Corp, Brilliant Group, Inc., Aron Universal Limited, Vicome Corp. Other players operating in the market are Midstar, Xcolor, DANE Color Group and Solar Color Dust.
Key findings of the study
On the basis of type, the daylight fluorescents segment is expected to grow at a CAGR of 7.0%, in terms of revenue, during the forecast period.Depending on application, the safety equipment segment is expected to grow at a CAGR of 7.4%, in terms of revenue, during the forecast period.
Region-wise, Asia-Pacific garnered the highest share in 2021 in terms of revenue.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the fluorescent paint market analysis from 2021 to 2031 to identify the prevailing fluorescent paint market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the fluorescent paint market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global fluorescent paint market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- Daylight Fluorescents
- Inorganic Fluorescents
- Optical Whiteners
By Application
- Safety Equipment
- Commercial Buildings
- Road Line Markings
- Facilities
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Radiant Color N.V.
- LuminoChem
- Glow Paint Industries
- GLOWTEC LTD
- DayGlo Color Corp
- Brilliant Group, Inc.
- Aron Universal Limited
- Vicome Corp.
- Ronan Paints
- Krylon Products Group
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. Moderate threat of substitutes
3.3.4. Moderate threat of new entrants
3.3.5. Low intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increasing demand from building and construction industry
3.4.1.2. Increasing use of optical whiteners in coated and uncoated paper industry
3.4.2. Restraints
3.4.2.1. Increasing raw material costs and environmental restrictions
3.4.3. Opportunities
3.4.3.1. Increasing use in the aerospace and defense industries
3.5. COVID-19 Impact Analysis on the market
3.6. Market Share Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Value Chain Analysis
CHAPTER 4: FLUORESCENT PAINT MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Inorganic Fluorescents
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Optical Whiteners
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Daylight Fluorescents
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: FLUORESCENT PAINT MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Safety Equipment
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Commercial Buildings
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Road Line Markings
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Facilities
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: FLUORESCENT PAINT MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. France
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. Italy
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. UK
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. Spain
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Radiant Color N.V.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. LuminoChem
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Key strategic moves and developments
8.3. Aron Universal Limited
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. Ronan Paints
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Glow Paint Industries
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. GLOWTEC LTD
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Krylon Products Group
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. DayGlo Color Corp
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Brilliant Group, Inc.
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Key strategic moves and developments
8.10. Vicome Corp.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
List of Tables
Table 01. Global Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Global Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 03. Fluorescent Paint Market for Inorganic Fluorescents, by Region, 2021-2031 (Revenue, $Million)
Table 04. Fluorescent Paint Market for Inorganic Fluorescents, by Region, 2021-2031 (Volume, Kilolitres)
Table 05. Fluorescent Paint Market for Optical Whiteners, by Region, 2021-2031 (Revenue, $Million)
Table 06. Fluorescent Paint Market for Optical Whiteners, by Region, 2021-2031 (Volume, Kilolitres)
Table 07. Fluorescent Paint Market for Daylight Fluorescents, by Region, 2021-2031 (Revenue, $Million)
Table 08. Fluorescent Paint Market for Daylight Fluorescents, by Region, 2021-2031 (Volume, Kilolitres)
Table 09. Global Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 10. Global Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 11. Fluorescent Paint Market for Safety Equipment, by Region, 2021-2031 (Revenue, $Million)
Table 12. Fluorescent Paint Market for Safety Equipment, by Region, 2021-2031 (Volume, Kilolitres)
Table 13. Fluorescent Paint Market for Commercial Buildings, by Region, 2021-2031 (Revenue, $Million)
Table 14. Fluorescent Paint Market for Commercial Buildings, by Region, 2021-2031 (Volume, Kilolitres)
Table 15. Fluorescent Paint Market for Road Line Markings, by Region, 2021-2031 (Revenue, $Million)
Table 16. Fluorescent Paint Market for Road Line Markings, by Region, 2021-2031 (Volume, Kilolitres)
Table 17. Fluorescent Paint Market for Facilities, by Region, 2021-2031 (Revenue, $Million)
Table 18. Fluorescent Paint Market for Facilities, by Region, 2021-2031 (Volume, Kilolitres)
Table 19. Fluorescent Paint Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 20. Fluorescent Paint Market for Others, by Region, 2021-2031 (Volume, Kilolitres)
Table 21. Fluorescent Paint Market, by Region, 2021-2031 (Revenue, $Million)
Table 22. Fluorescent Paint Market, by Region, 2021-2031 (Volume, Kilolitres)
Table 23. North America Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 24. North America Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 25. North America Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 26. North America Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 27. North America Fluorescent Paint Market, by Country, 2021-2031 (Revenue, $Million)
Table 28. North America Fluorescent Paint Market, by Country, 2021-2031 (Volume, Kilolitres)
Table 29. U.S. Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 30. U.S. Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 31. U.S. Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. U.S. Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 33. Canada Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. Canada Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 35. Canada Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Canada Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 37. Mexico Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 38. Mexico Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 39. Mexico Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 40. Mexico Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 41. Europe Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. Europe Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 43. Europe Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Europe Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 45. Europe Fluorescent Paint Market, by Country, 2021-2031 (Revenue, $Million)
Table 46. Europe Fluorescent Paint Market, by Country, 2021-2031 (Volume, Kilolitres)
Table 47. Germany Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 48. Germany Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 49. Germany Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 50. Germany Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 51. France Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. France Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 53. France Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. France Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 55. Italy Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. Italy Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 57. Italy Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. Italy Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 59. UK Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. UK Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 61. UK Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. UK Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 63. Spain Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. Spain Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 65. Spain Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. Spain Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 67. Rest of Europe Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Rest of Europe Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 69. Rest of Europe Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 70. Rest of Europe Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 71. Asia-Pacific Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. Asia-Pacific Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 73. Asia-Pacific Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 74. Asia-Pacific Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 75. Asia-Pacific Fluorescent Paint Market, by Country, 2021-2031 (Revenue, $Million)
Table 76. Asia-Pacific Fluorescent Paint Market, by Country, 2021-2031 (Volume, Kilolitres)
Table 77. China Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 78. China Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 79. China Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 80. China Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 81. India Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 82. India Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 83. India Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 84. India Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 85. Japan Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 86. Japan Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 87. Japan Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 88. Japan Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 89. South Korea Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 90. South Korea Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 91. South Korea Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 92. South Korea Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 93. Australia Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 94. Australia Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 95. Australia Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 96. Australia Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 97. Rest of Asia-Pacific Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 98. Rest of Asia-Pacific Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 99. Rest of Asia-Pacific Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 100. Rest of Asia-Pacific Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 101. LAMEA Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 102. LAMEA Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 103. LAMEA Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 104. LAMEA Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 105. LAMEA Fluorescent Paint Market, by Country, 2021-2031 (Revenue, $Million)
Table 106. LAMEA Fluorescent Paint Market, by Country, 2021-2031 (Volume, Kilolitres)
Table 107. Brazil Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 108. Brazil Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 109. Brazil Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 110. Brazil Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 111. Saudi Arabia Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 112. Saudi Arabia Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 113. Saudi Arabia Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 114. Saudi Arabia Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 115. South Africa Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 116. South Africa Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 117. South Africa Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 118. South Africa Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 119. Rest of LAMEA Fluorescent Paint Market, by Type, 2021-2031 (Revenue, $Million)
Table 120. Rest of LAMEA Fluorescent Paint Market, by Type, 2021-2031 (Volume, Kilolitres)
Table 121. Rest of LAMEA Fluorescent Paint Market, by Application, 2021-2031 (Revenue, $Million)
Table 122. Rest of LAMEA Fluorescent Paint Market, by Application, 2021-2031 (Volume, Kilolitres)
Table 123. Radiant Color N.V.: Key Executives
Table 124. Radiant Color N.V.: Company Snapshot
Table 125. Radiant Color N.V.: Product Segments
Table 126. Radiant Color N.V.: Product Portfolio
Table 127. Luminochem: Key Executives
Table 128. Luminochem: Company Snapshot
Table 129. Luminochem: Product Segments
Table 130. Luminochem: Product Portfolio
Table 131. Luminochem: Key Strategies
Table 132. Aron Universal Limited: Key Executives
Table 133. Aron Universal Limited: Company Snapshot
Table 134. Aron Universal Limited: Product Segments
Table 135. Aron Universal Limited: Product Portfolio
Table 136. Ronan Paints: Key Executives
Table 137. Ronan Paints: Company Snapshot
Table 138. Ronan Paints: Product Segments
Table 139. Ronan Paints: Product Portfolio
Table 140. Glow Paint Industries: Key Executives
Table 141. Glow Paint Industries: Company Snapshot
Table 142. Glow Paint Industries: Product Segments
Table 143. Glow Paint Industries: Product Portfolio
Table 144. Glowtec Ltd.: Key Executives
Table 145. Glowtec Ltd.: Company Snapshot
Table 146. Glowtec Ltd.: Product Segments
Table 147. Glowtec Ltd.: Product Portfolio
Table 148. Krylon Products Group: Key Executives
Table 149. Krylon Products Group: Company Snapshot
Table 150. Krylon Products Group: Product Segments
Table 151. Krylon Products Group: Product Portfolio
Table 152. Dayglo Color Corp: Key Executives
Table 153. Dayglo Color Corp: Company Snapshot
Table 154. Dayglo Color Corp: Product Segments
Table 155. Dayglo Color Corp: Product Portfolio
Table 156. Brilliant Group, Inc.: Key Executives
Table 157. Brilliant Group, Inc.: Company Snapshot
Table 158. Brilliant Group, Inc.: Product Segments
Table 159. Brilliant Group, Inc.: Product Portfolio
Table 160. Brilliant Group, Inc.: Key Strategies
Table 161. Vicome Corp.: Key Executives
Table 162. Vicome Corp.: Company Snapshot
Table 163. Vicome Corp.: Product Segments
Table 164. Vicome Corp.: Product Portfolio
List of Figures
Figure 01. Fluorescent Paint Market, 2021-2031
Figure 02. Segmentation of Fluorescent Paint Market, 2021-2031
Figure 03. Top Investment Pockets in Fluorescent Paint Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. Moderate Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. Low Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalfluorescent Paint Market
Figure 10. Market Share Analysis: Fluorescent Paint Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Pricing Analysis: Fluorescent Paint Market 2021 and 2031
Figure 14. Value Chain Analysis: Fluorescent Paint Market
Figure 15. Fluorescent Paint Market, by Type, 2021(%)
Figure 16. Comparative Share Analysis of Fluorescent Paint Market for Inorganic Fluorescents, by Country 2021-2031(%)
Figure 17. Comparative Share Analysis of Fluorescent Paint Market for Optical Whiteners, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Fluorescent Paint Market for Daylight Fluorescents, by Country 2021-2031(%)
Figure 19. Fluorescent Paint Market, by Application, 2021(%)
Figure 20. Comparative Share Analysis of Fluorescent Paint Market for Safety Equipment, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Fluorescent Paint Market for Commercial Buildings, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Fluorescent Paint Market for Road Line Markings, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Fluorescent Paint Market for Facilities, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Fluorescent Paint Market for Others, by Country 2021-2031(%)
Figure 25. Fluorescent Paint Market by Region, 2021
Figure 26. U.S. Fluorescent Paint Market, 2021-2031 ($Million)
Figure 27. Canada Fluorescent Paint Market, 2021-2031 ($Million)
Figure 28. Mexico Fluorescent Paint Market, 2021-2031 ($Million)
Figure 29. Germany Fluorescent Paint Market, 2021-2031 ($Million)
Figure 30. France Fluorescent Paint Market, 2021-2031 ($Million)
Figure 31. Italy Fluorescent Paint Market, 2021-2031 ($Million)
Figure 32. UK Fluorescent Paint Market, 2021-2031 ($Million)
Figure 33. Spain Fluorescent Paint Market, 2021-2031 ($Million)
Figure 34. Rest of Europe Fluorescent Paint Market, 2021-2031 ($Million)
Figure 35. China Fluorescent Paint Market, 2021-2031 ($Million)
Figure 36. India Fluorescent Paint Market, 2021-2031 ($Million)
Figure 37. Japan Fluorescent Paint Market, 2021-2031 ($Million)
Figure 38. South Korea Fluorescent Paint Market, 2021-2031 ($Million)
Figure 39. Australia Fluorescent Paint Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Fluorescent Paint Market, 2021-2031 ($Million)
Figure 41. Brazil Fluorescent Paint Market, 2021-2031 ($Million)
Figure 42. Saudi Arabia Fluorescent Paint Market, 2021-2031 ($Million)
Figure 43. South Africa Fluorescent Paint Market, 2021-2031 ($Million)
Figure 44. Rest of LAMEA Fluorescent Paint Market, 2021-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap: Fluorescent Paint Market
Figure 51. Top Player Positioning, 2021
Executive Summary
According to the report titled, 'Fluorescent Paint Market,' the fluorescent paint market was valued at $357.3 million in 2021 and is estimated to reach $677.9 million by 2031, growing at a CAGR of 6.8% from 2022 to 2031.Fluorescent paints emit more than 100% of the incident visible light, which gives them the appearance of glowing or luminescence in natural light. Many of these paints also glow under ultraviolet or low-light conditions. The base of fluorescent paints is typically calcium, strontium, or barium sulfide, with traces of other metal salts. These salts emit photons as a result of absorbing light energy. Also utilized are fresh fluorescent colors. In 1934, fluorescent paints were first made available for purchase. They are used as decorative paint and to increase the light intensity in operation rooms. They are also utilized to improve the visibility of road signs at night. Bright yellow, orange, red, blue, and green decorative paints are produced by one well-known brand, Day-Glo® paints. For usage in fine art painting, these paints are not sufficiently lightfast. With time, a variety of color changes may take place, including a reduction in fluorescence intensity and/or colorant fading.
Fluorescent paints are those that can be activated by light to produce brighter, more dazzling colors than regular paints. These paints might also be referred to as UV fluorescent paints because UV light is frequently what causes this brightness. They will appear as vivid and noticeable colors when a lot of UV light is present, such as in black light. Paints that are stimulated by natural light are necessary if the same eye-catching benefits are desired without the usage of a blacklight.
The construction industry’s demand for fluorescent paint for applications such as building paints, coatings, sign markings, and road lines is increasing. In commercial structures, luminous pigments or paints are utilized for coatings, markings, ornamentation, and sign marks. Fluorescent paints have applications in the construction industry for artificial lightings such as stage lighting, posters, and others. According to the U.S. Census Bureau, construction spending in the United States increased by 1.3% from December 2021 to January 2022, reaching $1,677 billion. Moreover, the increase in construction and infrastructure projects is boosting the market for fluorescent paint, creating development potential for market participants.
Fluorescent paints are used for theatrical lights, paints, and other lighting purposes. Fluorescent paints’ expensive raw materials are a major hindrance in the global fluorescent paints market. Zinc sulfide or zinc prices are increasing due to robust market demand. The analysis from the International Monetary Fund predicts that zinc prices would increase from $2,828 per ton in 2021 to $2,859 per ton in 2022. In addition, the International Lead and Zinc Study Group (ILZSG) projects that by 2022, the worldwide demand for refined zinc is expected to increase to 14.41 million tons. In addition, the government’s severe limitations on titanium dioxide, a raw material for fluorescent paints, are anticipated to impede the expansion of the fluorescent paints market. In February 2020, the EU designated titanium dioxide as a carcinogen under CLP standards. Thus, stringent environmental regulations for raw materials impede the expansion of the fluorescent paints industry.
The usage of fluorescent paint in inks, varnishes, markings, and signs is expanding its aerospace and defense applications. The fluorescent paint offers airlines brilliant color, reflection, and brightness. To improve the tail rotor’s visibility during low-light or nighttime operations, an airline applies phosphorescent paint. In addition, fluorescent paints are employed on aircraft because they absorb light during the day and emit visible light in low-light or nighttime environments. Increasing airline operations and production post-pandemic are also propelling the bright pigments market. According to the Aerospace Industries Association (AIA), the aerospace & defense industry’s sales income reached $909 billion in 2019, a 6.7% rise from the previous year. Thus, the expanding aerospace and military industry is driving the market for fluorescent paint and providing tremendous opportunities for global expansion.
For analysis, the fluorescent paint scope covers segmentation based on type, application, and region. The report provides information on several types, including the market divided into inorganic fluorescents, optical whiteners, and daylight fluorescents. Furthermore, the application covered in the study includes safety equipment, commercial buildings, road line markings, facilities, and others. In addition, it analyzes the current market trends across different regions, such as North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global fluorescent paint market are Radiant Color N.V., LuminoChem, Ronan Paints, Glow Paint Industries, GLOWTEC LTD, Krylon Products Group, DayGlo Color Corp, Brilliant Group, Inc., Aron Universal Limited, Vicome Corp. Other players operating in the market are Midstar, Xcolor, DANE Color Group and Solar Color Dust.
KEY FINDINGS OF THE STUDY
On the basis of type, the daylight fluorescents segment is expected to grow at a CAGR of 7.0%, in terms of revenue, during the forecast period.Depending on the application, the safety equipment segment is expected to grow at a CAGR of 7.4%, in terms of revenue, during the forecast period.
Region-wise, Asia-Pacific garnered the highest share in 2021 in terms of revenue.
Companies Mentioned
- Radiant Color N.V.
- LuminoChem
- Glow Paint Industries
- GLOWTEC LTD
- DayGlo Color Corp
- Brilliant Group, Inc.
- Aron Universal Limited
- Vicome Corp.
- Ronan Paints
- Krylon Products Group
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 420 |
| Published | January 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 357.3 million |
| Forecasted Market Value ( USD | $ 677.9 million |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
