Long Afterglow Phosphor Market Size, Share, Opportunities And Trends By Type (Sulfide Type, Aluminate Type), By Application (Paints And Coatings, Inks, Plastics), And By Geography - Forecasts From 2019 To 2024
Published:  May 2020 Report Code: KSI061612418 Pages: 92

The long afterglow phosphor Market is projected to grow at a CAGR of 5.29% during the period 2018-2024. Phosphorescence (afterglow) refers to the light emission at room temperature from a material that persists after the removal of the light source. The long afterglow phosphor is the phosphorescent pigment that stores light and emits in the absence of the light source for a considerable amount of time. The material is painted on switch panels in hospitals, industrial workplaces as a warning sign in order to increase the security in different emergencies. The burgeoning need for energy conservation is playing an important role in the increased demand for long afterglow phosphors material. Cost efficiency, environment-friendly, an unlimited period of validity are the few factors that are fueling the demand for such materials. The market is poised to grow at a good rate owing to increasing the use of this material in paints, and flexographic inks that are used in the packaging of a variety of products.

By type, the long afterglow phosphor market is segmented as sulphide type and aluminate type. Aluminate type is set to grow at a significant rate as the strontium aluminate has high persistent time and thus is preferred in many applications

By application, the long afterglow phosphor market is segmented as paints and coatings, inks, and plastics. paints and coatings hold a significant share in the market as paints known as glow-in-the-dark are increasingly being preferred to paint warning signs in the industrial sector, healthcare, and residential sector.

Geographically, the long afterglow phosphor market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific, and South America. Europe held a significant share in the market owing to the presence of a good customer base. With countries such as the UK considering long afterglow phosphor-based paints to replace the streetlights in the future, the market is set to flourish in the region over the forecast period.

Some of the key players include Nemoto & Co., Ltd., ARALON COLOR, NIC Corporation, RC TRITEC LTD., Kremer Pigmente GmbH & Co. KG., Honeywell International Inc., Glow-On, and Glow Inc.

Segmentation

The long afterglow phosphor market has been analyzed through the following segments:

  • By Type
    • Sulfide Type
    • Aluminate Type
  • By Application
    • Paints and Coatings
    • Inks
    • Plastics
  • By Geography
    • Americas
    • North America
    • South America
    • Europe Middle East and Africa
    • Asia Pacific

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for long afterglow phosphor market?
A1. The long afterglow phosphor market is projected to grow at a CAGR of 5.29% during the forecast period.
 
Q2. Who are the major players in the long afterglow phosphor market?
A2. Some of the key players in the long afterglow phosphor market include Nemoto & Co., Ltd., ARALON COLOR, NIC Corporation, RC TRITEC LTD., Kremer Pigmente GmbH & Co. KG., Honeywell International Inc., Glow-On, and Glow Inc.
 
Q3. How is the global long afterglow phosphor market segmented?
A3. The global long afterglow phosphor market has been segmented by type, application, and geography.
 
Q4. What factors are anticipated to drive the long afterglow phosphor market growth?
A4. The burgeoning need for energy conservation is playing an important role in the increased demand for long afterglow phosphors material.
 
Q5. Which region holds the largest market share in the long afterglow phosphor market?
A5. Europe held a significant share in the long afterglow phosphor market owing to the presence of a good customer base.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. LONG AFTERGLOW PHOSPHOR MARKET FORECAST BY TYPE
5.1. Sulphide Type
5.2. Aluminate Type
 
6. LONG AFTERGLOW PHOSPHOR MARKET FORECAST BY APPLICATION
6.1. Paints and Coatings
6.2. Inks
6.3. Plastics
 
7. LONG AFTERGLOW PHOSPHOR MARKET FORECAST BY GEOGRAPHY
7.1. Americas
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.3. Asia Pacific
 
8. COMPETITIVE INTELLIGENCE
8.1. Recent Deals and Investment
8.2. Competetitive Benchmarking and Analysis
8.3. Strategies of Key Players
 
9. COMPANY PROFILES
9.1. Nemoto & Co.,Ltd.
9.2. ARALON COLOR
9.3. NIC Corporation
9.4. RC TRITEC LTD
9.5. Kremer Pigmente GmbH & Co. KG.
9.6. Honeywell International Inc.
9.7. Glow-On
9.8. Glow Inc.
 

Nemoto & Co., Ltd.

ARALON COLOR

NIC Corporation

RC TRITEC LTD

Kremer Pigmente GmbH & Co. KG

Honeywell International Inc.

Glow-On

Glow Inc.

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