Report Code: A07378 | Pages: NA | Mar 2023 | 949 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Phosphorescent Pigments Market
Request Now !Phosphorescence is the process by which energy absorbed by a substance is slowly released in the form of light. Compounds that show this property are called phosphorescent pigments. Some of these pigments include zinc sulfide, strontium, and aluminate and are commonly known as “glow in the dark” pigments. Phosphorescent pigments are extensively used in production of toys, watches, different sporting goods and for decorative purposes. It is also used in signboards for warning and safety.
The outbreak of the COVID-19 has significantly affected the global phosphorescent pigments market to a great extent.
Significant increase in applications of phosphorescent pigments in several end user industries such as coatings and ink, electronics instruments, home appliances, sports wears, watch dials, different lighting apparatus, and signboards has led to growth of the phosphorescent pigments market. Phosphorescent pigments are widely used for decorative purposes in the form of paints and coatings and in production of glow-in-the-dark toys. It is also used in several standardized phosphorescent safety signs and directional indicators mainly in low light places such as subways and underground parking spots.
Zinc sulphide with copper was initially used as major phosphorescent pigment in end user industries such as paints and coatings, textiles, and consumer goods. However, later with advanced research and development, strontium aluminate was found to have better phosphorescent properties and emit light for almost 12 hours, which was far better than zinc sulfide. In addition, higher cost of strontium aluminate is anticipated to restrain the market.
The market in Asia-Pacific held largest share of the global phosphorescent pigments market, with China contributing the major share in this region. This is attributed to easy availability of raw materials, cheap labor, and advanced technologies. The market in North America and Europe is also expected to grow at a steady pace in the future.
Key benefits of the report:
Questions answered in the Phosphorescent Pigments Market research report:
Phosphorescent Pigments Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Type |
|
By Application |
|
By Industry Vertical |
|
By Region |
|
Key Market Players | Nemoto Lumi-Materials Company Limited, Glotech International Ltd., Honeywell International Inc., LuminoChem Ltd., Radiant Color NV, United Mineral and Chemical Corp., Next Generation B.V., Tavco Chemicals Inc, GloNation LLC., GTA LLC, RTP Company, RC Tritec Ltd. |
Loading Table Of Content...
Start reading.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers