Title: Luminous Paint Market - Forecast (2021-2026)
1Luminous Paint MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Luminous Paint Market size is forecast to reach
20.23 billion by 2026, after growing at a CAGR
of 9.2 during 2021-2026. The paint that exhibits
luminescence is known as luminous paint. The
paint gives off the visible light through
fluorescence, phosphorescence, or
radio-luminescence. Fluorescent Paint produces a
color that is four times brighter than ordinary
paints and leaves a coating of particles.
Phosphorescent paint is a luminous product
manufactured with the highest grade strontium
aluminate pigments that can be recharged
indefinitely by light and generate an afterglow
for hours without the use of UV lights. These
paints contain different radio-active and
non-radio-active elements. The major growth is
due to the increase in the navigation industry
for making road signs and emergency signals.
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- Key Takeaways
- Asia Pacific dominates the Luminous Paint Market
owing to rapid increase in the infrastructural
development projects. - The market drivers and restraints have been
assessed to understand their impact over the
forecast period. - The report further identifies the key
opportunities for growth while also detailing the
key challenges and possible threats. - The other key areas of focus include the various
applications and end use industry in Luminous
Paint Market and their specific segmented
revenue. - Due to the COVID-19 pandemic, most of the
countries have gone under temporary shutdown, due
to which operations of Luminous Paint Market
related industries has been negatively affected,
thus hampering the growth of the market.
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By Distribution Channel- Segment
Analysis Phosphorescent Paint held the largest
share of 40 in the Luminous Paint Market in
2020. The phosphorescent paint is generally known
as glow-in-the-dark paints. The composition of
the phosphorescent paints generally consists of
silver activated zinc sulfide or doped strontium
aluminate. These paints typically glow in pale
green color or greenish-blue color. They
generally glow for max of 12 hours when they are
exposed to light. The phosphorescent paint is
generally used for making marking lines in
aircrafts, emergency signs and decorative.
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- Luminous Paint Industry Outlook
- GloNation LLC.,
- Indra Glowtech Private Limited,
- EverGlow NA, Inc.,
- Rosco Laboratories,
- Noxton Company,
- Dayglo Color Corp,
- AcmeLight,
- APV Engineered Coatings,
- Rilit-Lackfabrik GmbH,
- Indra Glowtech Private Limited
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Luminous Paint Market Forecast (2021 - 2026)
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_at_ https//www.industryarc.com/Research/Luminous-P
aint-Market-Research-501614
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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