Fluorescent Pigment Market

• The growing application of fluorescent pigments is driving the market growth.

Market CAGR for fluorescent pigment is being driven by the rising application of fluorescent pigments. Fluorescent pigments have an increasing demand in product packaging due to the rising demand for labeling and packaging products which helps in availing the nutritive information about products. The color and appearance of these are prime factors that will assist in attracting users on a large scale. The industries of paints and coatings, plastics, textiles, and printing inks have a growing demand for fluorescent pigments.

As per the requirement of the end-user industry, both types are commercially available in dispersion and powder form. Most of these pigments can withstand damaging applications via their notable attributes, such as the ability to withstand adverse climate conditions, resistance against heat and various other chemicals, and high temperature.

The currency utilizes different covert and overt features like water makers, low vision numerals, serial numbers, marks of manufacturing houses, micro-printing, and security threads that will glow under the ultraviolet light. Currency printing utilizes short and long wavelengths of fluorescent pigments. The fluorescent pigment manufacturers globally are emphasizing utilizing a significant amount of functional pigments, colorants, and extenders to formulate the pigment, which can be adopted by a comprehensive range of industries. These pigments are also applicable in the automotive industry due to their durability.

The automotive industry, as well as the plastic industry in developing countries, are fueling the market growth. Thus, driving the Fluorescent Pigment market revenue.

However, there are challenges associated with the processing and handling of fluorescent pigments with the entrance of new technologies available in the fluorescent pigment market at cost-effective rates. There can also be threats with the large-scale utilization of heavy metals while manufacturing these pigments. Thus, all these factors can be reasons for restraining the growth of the market globally.

Aleph, a prominent Italian manufacturer of sublimation and direct-to-fabric inkjet printers for the textile and visual communication sectors, will unveil new feature-rich solutions designed to boost customer differentiation and profitability at the ongoing ITMA show in 2023.

The consumer goods sector is witnessing a notable increase in the use of fluorescent pigments, particularly in packaging and product design. Brands are leveraging these pigments to create eye-catching packaging that stands out on retail shelves. The Global Fluorescent Pigment Market Industry is benefiting from this trend, as companies seek to enhance brand visibility and consumer engagement. The anticipated growth in this sector is expected to drive the market value from 0.33 USD Billion in 2024 to 0.52 USD Billion by 2035, suggesting a sustained interest in vibrant and appealing product presentations.

The automotive industry is increasingly adopting fluorescent pigments for various applications, including interior and exterior coatings. This trend is driven by the need for enhanced visibility and aesthetic appeal. In the Global Fluorescent Pigment Market Industry, automotive coatings utilizing fluorescent pigments are projected to contribute significantly to market growth. As of 2024, the market value is estimated at 0.33 USD Billion, with expectations of reaching 0.52 USD Billion by 2035. This growth reflects a compound annual growth rate (CAGR) of 4.29% from 2025 to 2035, indicating a robust demand for innovative and vibrant automotive finishes.

There is a growing awareness regarding health and safety in various applications of fluorescent pigments, particularly in industrial and construction sectors. Fluorescent pigments are utilized in safety signage, personal protective equipment, and other applications where visibility is crucial. The Global Fluorescent Pigment Market Industry is likely to see increased demand as industries prioritize safety measures. This trend is expected to contribute to the market's growth trajectory, with projections indicating a rise from 0.33 USD Billion in 2024 to 0.52 USD Billion by 2035, suggesting a sustained commitment to enhancing safety through innovative pigment solutions.

Regulatory bodies are increasingly emphasizing safety standards in various industries, including paints, coatings, and plastics. This regulatory support is fostering the adoption of fluorescent pigments that meet stringent safety and environmental criteria. The Global Fluorescent Pigment Market Industry is likely to benefit from this trend, as manufacturers are encouraged to develop compliant products. This shift not only enhances consumer safety but also promotes sustainable practices within the industry. As a result, the market is expected to grow from 0.33 USD Billion in 2024 to 0.52 USD Billion by 2035, reflecting a positive outlook for compliant fluorescent pigment applications.

Recent advancements in pigment production technology are enhancing the quality and performance of fluorescent pigments. Innovations such as improved synthesis methods and the development of eco-friendly alternatives are reshaping the Global Fluorescent Pigment Market Industry. These advancements not only improve the brightness and durability of pigments but also align with growing environmental concerns. As manufacturers adopt these technologies, the market is likely to experience increased competitiveness and product differentiation, contributing to a projected CAGR of 4.29% from 2025 to 2035, thereby expanding the market's overall value.

By region, the study offers market insights into the North America, Europe, Asia-Pacific, and the Rest of the World. The North American Fluorescent Pigment market area dominates the market due to the increase in the paint and coating industry. The paints and the construction industry is constantly increasing due to the investment of the government in the projects and construction of new buildings in this region. The US has the highest demand for packaging with the display of the safety instructions on products. Thus, it is the largest contributor in the North American region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, China, Spain, Japan, India, Australia, South Korea, and Brazil.

Figure 2: FLUORESCENT PIGMENT MARKET SHARE BY REGION 2022 (USD Billion)

Source: The Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

The Asia-Pacific Fluorescent Pigment Market accounts for the second-largest market share due to the increasing application of fluorescent pigments in paint, packaging materials, printing ink, and coatings. Moreover, China’s Fluorescent Pigment market held the largest market share, and the Indian Fluorescent Pigment market was the rapid-growing market in the Asia-Pacific region.

Europe's Fluorescent Pigment market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to expanding applications of the pigments in various industry sections. Further, the German Fluorescent Pigment market held the largest market share, and the UK Fluorescent Pigment market was the rapid-growing market in the European region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Fluorescent Pigment market grow even more. Market participants are also undertaking a various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Fluorescent Pigment industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Fluorescent Pigment industry to benefit clients and increase the market sector. In recent years, the Fluorescent Pigment industry has offered some of the most significant advantages to various industries. Major players in the Fluorescent Pigment market, including Organic Dyes, Wanlong Chemical, Organic Dyes and Pigments, Brilliant Fluorescent, Lumino Chem, Solar Color Dust, Kolorjet Chem, DayGlo Color Corporation, Radiant Color, and others, are attempting to increase market demand by investing in research and development operations.

Robert Atkins formed Atkins Nutritionals, Inc. to promote the Atkins diet's low-carbohydrate packaged meals. It is now a subsidiary of The Simply Good Foods Company. Low-carbohydrate bars shakes, and snacks are available from the company. Atkins Nutritionals, Inc. was formed in 1989 as Complementary Formulations. In 1998, the company was renamed Atkins Nutritionals. It was created to enhance the Atkins diet. Atkins created the plan after reading a research paper in a journal of the American Medical Association. Alfred W. Pennington published the paper "Weight Reduction" in 1958. Atkins used the study's findings to help him overcome his own obesity.

In May 2019, A partnership agreement between Atkins and CHEF'D was signed. Our collaboration sought to create a low-carb meal solution for consumers concerned about their health and lifestyle.

Brunswick Corporation, formerly called the Brunswick-Balke-Collender Company, is an American firm founded in 1845 that has been inventing, manufacturing, and distributing a wide range of products. Brunswick now employs over 13,000 people in 24 countries. Among the various boating brands owned by Brunswick are Sea Ray, Boston Whaler, Bayliner, Mercury Marine, Crestliner, Attwood, Lund, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver, CZone. In June 2019, A partnership agreement was inked between BRUNSWICK Company and VIR Zoom to launch a product called VIR Zoom solution.

This collaboration, if correctly executed, was expected to transform Life Fitness' se3 explore bikes into a virtual reality experience.

Brilliant Group and Terra Firma, a DKSH firm, announced today that they will form a collaboration in 2023 to offer Brilliant Group's industry-leading fluorescent and phosphorescent pigments. The deal combines Brilliant Group's fluorescent technology, which is utilized in a variety of applications such as paints, coatings, inks, and plastics, with Terra Firma's large, expert sales and service coverage in the United States.