Global Photoluminescent Products Market 2017-2021

This industry research report identifies American Permalight, Jessup Manufacturing Company, GLOTECH, Glowway, and Soluciones Luminiscentes as the key vendors in the global photo luminescent products market. A comprehensive analysis of this market is also presented by product type (signs, tapes, paint, and others), by end-user (commercial, industrial, and residential), and by geography (the Americas, APAC, and EMEA).

Overview of the global photoluminescent products market

Research analysis on the global photoluminescent products market identifies that the rise in infrastructural development in APAC will be one of the major factors that will have a positive impact on the market's growth. Photoluminescent products are widely used during construction activities to indicate hazardous areas in the process environment. These products conserve energies due to their self-luminous characteristics. The growth of the construction industry, especially in APAC, plays a vital role in boosting the demand for photo luminescent products. New construction activities in the residential, commercial, and industrial sectors have increased the demand for photo luminescent products. China, India, and Vietnam will be the major countries that will show increased growth opportunities in the construction sector. This will result in larger investments and will directly contribute to the growth of the construction market in APAC, which in turn, will drive the demand for photo luminescent products. Technavio's photoluminescent products market research analysts predict that this market will grow at a CAGR of more than 3% by 2021.

In terms of geographic regions, the Americas will be the major revenue contributor to the photoluminescent products market throughout the forecast period. The growth of the market in the region will mainly attribute to the rising number of residential construction projects, healthcare facilities, hotel projects, and commercial buildings.

Competitive landscape and key vendors  

The photoluminescent products market is highly fragmented with the presence of numerous global and regional players. Vendors offer photoluminescent products that are used across industrial and commercial spaces. The vendor competition in the market is based on product innovations and technological advances. To remain competitive in the market, the players in this market space have the need to focus on developing innovative technologies.

The leading vendors in the market are -

• American Permalight
• Jessup Manufacturing Company
• GLOTECH
• Glowway
• Soluciones Luminiscentes

The other prominent vendors in the market are Ecoglo International, EverGlow, Jalite, and Wooster Products.

Segmentation by product type and analysis of the photoluminescent products market

• Signs
• Tapes
• Paint

During 2016, the photoluminescent signs segment accounted for the major shares of the photoluminescent products market. Factors such as the increasing utilization of photoluminescent signs in fire escape pathways due to the high assistance they provide during hazards such as a fire outbreak in commercial and industrial spaces, will contribute to the growth of this industry segment in the coming years.

Segmentation by end-user and analysis of the photoluminescent products market

• Commercial
• Industrial
• Residential

According to this market research report, the commercial end-user segment accounted for the major share of the photoluminescent products market during 2016. The increase in infrastructural activities including the construction of commercial structures, such as buildings and airports, will contribute to the growth of the market in this end-user segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global photoluminescent products market?
• What are the key market trends impacting the growth of the global photoluminescent products market?
• What are the challenges to market growth?
• Who are the key vendors in the global photoluminescent products market?
• What are the market opportunities and threats faced by the vendors in the global photoluminescent products market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global photoluminescent products market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming research report on the global photoluminescent products market offers insights into the significant trends and drivers influencing the growth of the energy industry. Our reports for the energy also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like power.   

By taking into account the expansion of the market size, surging demand for various segments of the sector, the industry professionals at Technavio present an all-inclusive picture of the photoluminescent products market for the period of 2017 to 2021. Furthermore, our research practices enable businesses device impactful growth strategies and align with the rapidly changing market landscape. This report on the photoluminescent products market also presents a detailed analysis of services based on the inference from the information gathered from important sources such as channel partners and market stakeholders. 

This forthcoming market research report on the photoluminescent products market also covers vendors like American Permalight, Soluciones Luminiscentes, and DHi. According to our industry experts, the diversification of application of photoluminescent product areas such as recreational sports and games, defense and aviation sector may impact the growth of the photoluminescent products market in the coming years. Furthermore, to present clients with the advantage of having a detailed understanding of the market and expand in key markets, this report on the photoluminescent products market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report for photoluminescent products market also categorizes the drivers, key trends, and the restraints that the sector currently experiences. This upcoming report on the photoluminescent products market presents insights into the rapidly changing vendor landscape to give clients an overview of the forthcoming events within the energy industry. Technavio also provides deep-dive market assessments into the sectors such as energy storage and smart grid.

Our market research methodology for the photoluminescent products market

Technavio also offers clients the advantage to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.