South Korea Daylight Fluorescent Pigments Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.35 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The South Korea Daylight Fluorescent Pigments market is witnessing significant growth due to an increased demand across various industries such as automotive, textiles, and construction. These pigments, which have the ability to fluoresce under natural daylight or artificial light, are becoming essential components in products that require high visibility and safety. The key driving factor behind this surge is the rising focus on improving safety standards, especially in the automotive and construction sectors. Daylight Fluorescent Pigments, known for their vibrant, high-visibility colors, help in enhancing the visibility of products like road signs, construction equipment, and safety gear.
The automotive industry in South Korea has been one of the biggest adopters of these pigments, with an increasing need for high-performance paints and coatings that stand out under various lighting conditions. These pigments are widely used in the production of car body paints, tires, and safety markings to ensure higher visibility. With the rapid growth in the South Korean automotive market, the demand for Daylight Fluorescent Pigments is expected to continue its upward trajectory.
Another prominent sector where Daylight Fluorescent Pigments are in demand is the textile industry. Fabrics made with fluorescent pigments are widely used in sportswear, work uniforms, and fashion accessories, making them more visible in low-light conditions. Additionally, the textile sector's adoption of these pigments is driven by increasing consumer demand for trendy, high-visibility clothing.
In construction and road safety, Daylight Fluorescent Pigments play a crucial role in the development of safety products. Reflective road signs, high-visibility jackets, and safety cones often utilize these pigments to ensure they are easily visible in various lighting conditions. The demand for such products is growing as South Korea continues to focus on infrastructure development and safety standards in both urban and rural areas.
The key requirement from industries in South Korea is the availability of high-quality, durable, and environmentally friendly Daylight Fluorescent Pigments. Manufacturers are continuously innovating to provide products that not only meet safety standards but also are resistant to fading under sunlight exposure. This is particularly important in industries such as automotive and construction, where product longevity and color retention are critical factors.
With advancements in pigment technology, South Korean companies are now investing in eco-friendly, non-toxic alternatives to traditional fluorescent pigments, meeting the global demand for sustainable products. As a result, the market for Daylight Fluorescent Pigments in South Korea is expected to thrive in the coming years, benefiting from innovations in both industrial applications and product formulations.
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Day-Glo Color Corp (RPM International)
Dane Color (RPM International)
Radiant Color N.V (RPM International)
UKSEUNG
SINLOIHI (DAI NIPPON TORYO)
Huangshan Jiajia Science and Technology
China wanlong chemical
Lynwon Group
J Color Technologies
Vicome Corp
Ming Hui Group (Spectra Colours Ltd)
Aron Universal Ltd
Nanochemitek (Yangzhou) Corp
LuminoChem
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Daylight Fluorescent Pigments Market
Daylight Fluorescent Yellow Pigments
Daylight Fluorescent Green Pigments
Daylight Fluorescent Orange Pigments
Daylight Fluorescent Red Pigments
Daylight Fluorescent Pink Pigments
Daylight Fluorescent Blue Pigments
Daylight Fluorescent Violet Pigments
Paints & Coatings
Inks
Plastics
Textiles
Cosmetics & Personal Care Products
Other Industrial Applications
Automotive
Packaging
Consumer Goods
Textile & Apparel
Construction
Electronics
Others
Powder
Granules
Liquid
Direct Sales
Indirect Sales
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Daylight Fluorescent Pigments Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Daylight Fluorescent Pigments Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Daylight Fluorescent Pigments Market, By Type
6. South Korea Daylight Fluorescent Pigments Market, By Application
7. South Korea Daylight Fluorescent Pigments Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Daylight Fluorescent Pigments Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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