Chemicals and Materials Fluorescent Pigments Market Demand Analysis
Fluorescent Pigments Market Growth Expected to Drive with a
Notable CAGR of 8.7% during 2019 – 2027
Exhibiting the market analysis for the next eight years, Research Nester has
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“Fluorescent Pigments Market: Global Demand Analysis &
Opportunity Outlook 2027” which delivers detailed overview of the
fluorescent pigments market in terms of market segmentation by type, by
application, and by region.
Further, for the in-depth analysis, the report encompasses the industry
growth drivers, restraints, supply and demand risk, market attractiveness,
BPS analysis and Porter’s five force model.
Increase in per capita income and living standards of people in developing
countries has shifted the consumer preference towards the use of attractive
and pleasing packaged products. Additionally, continuous investments in
research and development activities for developing innovative products,
improvements in the field of 3D printing, and arrival of new technologies
such as offset, inkjet are some of the notable factors that are expected to
boost the growth of the fluorescent pigments market in upcoming years.
The fluorescent pigments market is anticipated to record a CAGR of around
8.7% over the forecast period i.e. 2019-2027. The market is segmented by
type & application. On the basis of type, the market is further segmented into
daylight fluorescents, inorganic fluorescents, optical whiteners & others, out
of which, the optical whiteners segment is anticipated to have leading shares
on account of its high penetration in various applications in textile, plastics
and paper industries. The market is further segmented by application into
colored paper, plastics, textiles, paint & coating, printing ink and others.