NEW YORK, Oct. 12, 2023 /PRNewswire/ -- The Reflective Materials Market size is expected to grow by USD 7.04 billion, accelerating at a CAGR of 5.13% during the forecast period. The growing construction industry is notably driving the reflective materials market. However, factors such as volatile prices of raw materials of reflective materials may impede market growth. We provide a detailed analysis of 20 companies operating in the reflective materials market including 3M Co., Avery Dennison Corp., Avient Corp., Coats Group PLC, Daoming Optics and Chemical Co. Ltd, Huangshan Xingwei Reflectorized Material Co. Ltd., Jinsung Corp., JRC REFLEX ITALIA S.r.l., Nippon Carbide Industries Co. Ltd., ORAFOL Europe GmbH, Paiho Group, PPG Industries Inc., Reflectionight Inc., REFLOMAX Co. Ltd., SKC hi-tech and marketing Co Ltd., SVG Optronics Co. Ltd., Unitika Ltd., Viz Reflectives, Yeshili NEW Materials Co. Ltd, and Chinastars Reflective Material Co. Ltd. This report provides a full list of key companies, their strategies, and latest developments. Buy the report now for detailed company information
Reflective Materials Market 2023-2027: Company Analysis
Chinastars Reflective Material Co. Ltd.: The company offers reflective materials such as YSL9600, YSL9200 and YSL1100.
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Reflective Materials Market 2023-2027: Segmentation
Product
- Coatings
- Fabrics
- Sheets
- Paints and inks
- Others
End-user
- Construction
- Automobiles
- Textiles
- Electronics
Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The coatings segment is projected to experience substantial growth during the forecast period. This pertains to the incorporation of reflectors in diverse coating formulations, which are applied to surfaces for enhanced visibility and reflectivity, particularly in low light conditions.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report
Reflective Materials Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist reflective materials market growth during the next five years
- Estimation of the reflective materials market size and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the reflective materials market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of reflective materials market companies
Related Reports:
Anti-Reflective Coatings Market: The anti-reflective coatings market size is estimated to grow at a CAGR of 9.13% between 2022 and 2027. The market size is forecast to increase by USD 2,618.37 million.
Automotive Glass Market: The automotive glass market size is estimated to grow at a CAGR of 4.15% between 2022 and 2027. The market size is forecast to increase by USD 4.72 billion.
Reflective Materials Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.13% |
Market growth 2023-2027 |
USD 7.04 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.73 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 46% |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
3M Co., Avery Dennison Corp., Avient Corp., Coats Group PLC, Daoming Optics and Chemical Co. Ltd, Huangshan Xingwei Reflectorized Material Co. Ltd., Jinsung Corp., JRC REFLEX ITALIA S.r.l., Nippon Carbide Industries Co. Ltd., ORAFOL Europe GmbH, Paiho Group, PPG Industries Inc., Reflectionight Inc., REFLOMAX Co. Ltd., SKC hi-tech and marketing Co Ltd., SVG Optronics Co. Ltd., Unitika Ltd., Viz Reflectives, Yeshili NEW Materials Co. Ltd, and Chinastars Reflective Material Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
TOC:
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Sizes
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by End User
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, & Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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