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Global Photoluminescent Products Market Will Reach At CAGR Of 3.31% Between 2017-2021

Press Release   •   Aug 14, 2017 06:13 EDT

Photoluminescent materials consist of inorganic chemical compounds, which are referred to as photoluminescent pigments, and are encased in flexible or rigid strata, or dispersed in a liquid form, such as paint. Photoluminescent pigments consist of crystals of aggregated elements and other agents. The crystals undergo certain changes when they are exposed to light. Furthermore, these crystals have the ability to store light photons, becoming luminescent over time. After the crystals are charged, they will remain excited and continue to emit light even after the light source is removed. Over time, the energy stored in the crystals will continuously dissipate until its complete depletion; the material can be recharged by re-exposure to light.

Technavios analysts forecast the global photoluminescent products market to grow at a CAGR of 3.31% during the period 2017-2021.
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Covered in this report

The report covers the present scenario and the growth prospects of the global photoluminescent products market for 2017-2021. To calculate the market size, the report considers the the demand for photoluminescent products.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

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Technavios report, Global Photoluminescent Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
  • American Permalight
  • Jessup Manufacturing Company
  • GLOTECH, Glowway
  • Soluciones Luminiscentes
Other prominent vendors
  • Ecoglo International
  • EverGlow
  • Jalite
  • Wooster Products
Market driver

Augmented infrastructural development in APAC

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Market challenge

Lack of product differentiation leading to threat of rivalry

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Market trend

Increasing application in aviation industry

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Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?