• The fabric product segment is expected to register the highest CAGR during the forecast period because these materials are extensively used in manufacturing jackets , safety clothing , gloves , reflective hats , and others . Fabrics having reflective material offer act as high visibility apparel and help in avoiding accidents .
• Microprismatic materials offer retro reflection and help in producing bright reflective appearance on garments and various accessories .
• The textile application segment is predicted to have significant growth during the forecast period due to the widespread usage of reflective materials in different apparel , thus making the apparels bright , easily noticeable , and flame resistant .
• Key players in the market include 3M , ORAFOL Europe GmbH , Avery Dennison Dominic Optical , NIPPON CARBIDE INDUSTRIES CO . INC ., REFLOMAX , Palho Group , Jinsung Corporation , Viz Reflectives , and Daoming Optics & Chemical Co . Ltd , among others .