Global Luminous Paints
Market Report
2024
Luminous paints market size is USD 18518.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global luminous paints market size is USD 18518.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Luminous Paints Market Sales Revenue 2024 | $ 18518.2 Million |
Global Luminous Paints Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
North America Luminous Paints Sales Revenue 2024 | $ 7407.28 Million |
North America Luminous Paints Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
Europe Luminous Paints Market Sales Revenue 2024 | $ 5555.46 Million |
Europe Luminous Paints Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Asia Pacific Luminous Paints Market Sales Revenue 2024 | $ 4259.19 Million |
Asia Pacific Luminous Paints Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11% |
South America Luminous Paints Market Sales Revenue 2024 | $ 925.91 Million |
South America Luminous Paints Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.4% |
Middle East and Africa Luminous Paints Sales Revenue 2024 | $ 370.36 Million |
Middle East and Africa Luminous Paints Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.7% |
Market Split by Type |
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Market Split by Application |
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Market Split by End Use Industry |
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Market Split by Form |
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Market Split by Material |
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Market Split by Packaging |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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The luminous paints market has witnessed significant growth in recent years, propelled by a combination of technological advancements and increasing demand across various industries. These specialized paints, also known as glow-in-the-dark paints, possess unique properties that allow them to produce light after being exposed to a light source, making them invaluable for safety signage, emergency door systems, decorative applications, and novelty items. One of the key drivers of this market is the growing emphasis on safety and emergency preparedness, particularly in sectors such as construction, transportation, and manufacturing. Regulations mandating clear and visible signage in hazardous environments have spurred the adoption of luminous paints, driving the market growth.
Moreover, advancements in photoluminescent pigments and coatings have enhanced the performance and durability of luminous paints, expanding their utility across a diverse range of applications. Improved formulations offer longer glow durations and increased brightness, while innovations in application methods ensure better adhesion and resistance to environmental factors. As a result, luminous paints are increasingly being used not only for safety purposes but also for decorative and aesthetic applications, further driving market expansion and innovation within the industry.
In August 2023, Stanford University scientists developed a novel type of paint that maintained cooler temperatures in homes and buildings during summer and increased warmth during winter, substantially reducing energy consumption, expenses, and greenhouse gas emissions.
(Source: https://news.stanford.edu/press-releases/2023/08/14/paint-keeps-heatr-outside-summer/)
The luminous paints market is experiencing significant growth, propelled by a burgeoning awareness of emergency preparedness. As individuals, businesses, and governments prioritize safety measures, there's a heightened demand for products that enhance visibility in low-light or blackout situations. Luminous paints play a crucial role in this scenario, providing a reliable means of illuminating escape routes, emergency exits, and safety signage. This increased emphasis on preparedness is particularly evident in sectors such as construction, transportation, and hospitality, where safety regulations are stringent. Additionally, the growing adoption of luminous paints extends beyond safety applications, finding utility in decorative and novelty products. Advancements in technology are leading to more durable, efficient, and environmentally friendly formulations. The luminous paints market is poised for sustained expansion as societies continue to prioritize safety and emergency readiness.
Technological advancements play a pivotal role in propelling the growth of the luminous paints market. Innovations such as improved photoluminescent pigments and coatings have significantly enhanced the performance of these paints, extending their glow duration and brightness. Additionally, advancements in application methods and formulations have led to greater durability and resistance to environmental factors such as moisture and UV exposure, expanding the range of potential applications for luminous paints. Furthermore, developments in nanotechnology have enabled the creation of ultrafine particles, resulting in smoother finishes and more uniform illumination. These technological strides not only cater to traditional uses like safety signage but also facilitate the emergence of luminous paints in novel sectors such as automotive coatings, consumer electronics, and architectural design, driving market expansion and adoption across diverse industries.
The limited color options offered by luminous paints in comparison to conventional paints serve as a significant restraint on the market's growth. While luminous paints excel in providing luminescence and visibility in low-light conditions, they often need more color palettes available with traditional paints. This limitation hampers their appeal for aesthetic and decorative purposes, particularly in settings where vibrant or custom color schemes are desired. Additionally, the perceived trade-off between luminescence and color diversity may deter consumers from choosing luminous paints for applications where both are valued. Consequently, despite their functional benefits, the restricted color range of luminous paints constrains their market penetration, especially in segments where visual aesthetics are paramount, such as interior design and architectural coatings, thereby impeding overall market expansion.
The luminous paints market experienced both challenges and opportunities due to the impact of COVID-19. On the one hand, the widespread adoption of remote work and virtual meetings led to an increased demand for portable projection solutions to facilitate presentations and collaborations in home and remote office settings. This surge in demand drove growth in the market as individuals and businesses sought compact and convenient projection options to enhance their virtual communication experiences. However, disruptions in global supply chains and manufacturing operations, as well as economic uncertainties, posed significant challenges for luminous paint manufacturers. These disruptions led to delays in production, shortages of key components, and logistical challenges in distribution and delivery. Additionally, the closure of physical retail outlets and restrictions on in-person gatherings impacted the sales channels for luminous paints, prompting companies to explore alternative sales and marketing strategies to reach customers.
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In the competitive landscape of the luminous paints market, various manufacturers compete for market share, offering a range of products with diverse features and formulations. Key factors influencing competition include product quality, innovation, pricing strategies, distribution networks, and brand reputation. Additionally, market players focus on meeting evolving customer needs and regulatory requirements to maintain a competitive edge.
In October 2023, LuminoKrom developed photoluminescent markings in green, yellow, or white hues that were highly durable outdoors and capable of storing surrounding light energy to emit a diffuse green luminosity in the dark, remaining visible for over 10 hours.
In June 2022, The American University in Cairo announced that its students had developed self-luminous concrete to illuminate roadways and pavements without relying on traditional energy sources. This "glow-in-the-dark" concrete absorbed sunlight and emitted light during the night.
(Source: https://www.paintsquare.com/news/view/?25153)
Top Companies Market Share in Luminous Paints Industry: (In no particular order of Rank)
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Global Luminous Paints Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Luminous Paints Industry growth. Luminous Paints market has been segmented with the help of its Type, Application End Use Industry, and others. Luminous Paints market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, phosphorescent paint dominates the luminous paints market, commanding a significant share due to its unique properties. This type of paint absorbs light energy and then slowly releases it over time, creating a glowing effect. Its popularity stems from applications in various industries, including safety signage, decorative items, and artistic endeavors. The ability to emit light without an external power source makes phosphorescent paint invaluable for visibility in low-light conditions and artistic expression. Its durability and versatility further solidify its position as a cornerstone of the luminous paints market, catering to diverse needs with its luminous brilliance.
The fluorescent paint segment is the fastest growing within the luminous paints market due to its versatile applications and high visibility properties. Its growth is fueled by increasing demand across various industries, including automotive, construction, and signage. Fluorescent paints offer vibrant colors that glow under ultraviolet light, making them ideal for safety markings, artistic expression, and promotional materials. Additionally, advancements in technology have enhanced their durability and eco-friendliness, further driving their adoption. As consumers prioritize safety and aesthetics, the fluorescent paint segment is poised for sustained growth, capturing market share and inspiring innovative solutions in the luminous paints industry.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Luminous Paints Industry. Request a Free Sample PDF!
According to Cognitive Market Research, emergency signs dominate a significant portion of the luminous paints market, having considerable influence in the industry. With a major share in this sector, emergency signs set the benchmark for quality, innovation, and reliability in producing luminous paints. Their products are crucial for ensuring safety and visibility in emergencies, making them indispensable for various sectors such as construction, transportation, and manufacturing. Emergency signs' commitment to excellence and dedication to meeting the stringent demands of safety standards solidify their position as a leader in the market, trusted by businesses and organizations worldwide to provide effective solutions for enhancing visibility and ensuring safety in critical situations.
Home décor has rapidly emerged as the fastest-growing segment within the market, appealing to consumers with its blend of functionality and style. Among its rising stars, luminous paints have captured attention, offering a unique way to illuminate spaces with a delicate and strange glow. These paints not only enhance ambiance but also add a touch of innovation to interior design, making them a sought-after choice for modern homes. With their ability to transform ordinary walls into captivating focal points, luminous paints are poised to continue their rise, reshaping the landscape of home décor with their enchanting allure and endless possibilities.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Luminous Paints market report 2024 Edition by contacting our team.
According to Cognitive Market Research, building and construction sectors command a significant share in the vibrant market for luminous paints. These sectors leverage luminous paints for various applications, including safety markings, emergency signage, and decorative accents, driving substantial demand. Luminous paints, enriched with photoluminescent pigments, offer prolonged glow-in-the-dark properties, enhancing visibility and safety in low-light conditions. They find extensive utilization in both indoor and outdoor environments, contributing to the ambiance while ensuring safety compliance. With an emphasis on sustainability and innovation, manufacturers continually develop advanced formulations to meet evolving industry requirements, fostering growth opportunities and reinforcing the pivotal role of building and construction in the luminous paints market's expansion.
The medical and healthcare industry stands as the fastest-growing segment, driven by technological advancements, an aging population, and increasing healthcare awareness. With an ever-expanding array of treatments and services, coupled with a growing emphasis on preventative care, this sector continues to soar. Simultaneously, the luminous paints market experiences its surge, catering to safety and decorative needs across various sectors, from automotive to construction. These glowing paints find applications in emergency signage, safety equipment, and artistic expression, fueling demand worldwide. Together, these sectors exemplify the dynamic nature of modern industries, constantly evolving to meet evolving needs and preferences.
According to Cognitive Market Research, spray holds a significant portion of the luminous paints market, commanding a major share due to its innovative formulations and versatile applications. Its prominence stems from a combination of factors, including superior quality, durability, and a wide range of vibrant colors. Consumers are drawn to its ease of use and quick-drying properties, making it a preferred choice for various projects, from artistic endeavors to industrial applications. Additionally, spray's commitment to continuous research and development ensures that it stays ahead in an ever-evolving market, consistently offering cutting-edge solutions that meet the diverse needs of customers worldwide.
The luminous paints market is emerging as the fastest-growing segment. These innovative solutions offer a blend of high performance and environmental sustainability, driving demand across various industries. From enhancing safety measures in transportation to creating captivating visual experiences in entertainment, the versatility of luminous paints continues to expand its market reach. The demand surge is fueled by a growing awareness of their benefits, including prolonged glow duration and low toxicity. As industries seek cutting-edge solutions, the luminous paints market, particularly in the realm of solutions, is poised for remarkable expansion, promising exciting opportunities for stakeholders.
According to Cognitive Market Research, zinc sulfide powder commands a significant portion of the luminous paints market due to its exceptional luminescent properties. Its dominance stems from its ability to produce light after being exposed to various forms of energy, making it a key ingredient in glow-in-the-dark paints. This powder's widespread use in safety signage, aerospace instrumentation, and novelty applications further solidifies its market share. Its stable chemical composition and cost-effectiveness make it a preferred choice for manufacturers seeking durable and vibrant luminescent solutions. As the demand for luminous paints continues to grow across industries, zinc sulfide powder maintains its stronghold, driving innovation and market expansion.
Tritium (H-3) emerges as the fastest-growing segment in the luminous paints market, propelled by its remarkable luminescent properties and diverse applications. This radioisotope, renowned for its self-illumination without external power sources, finds extensive utilization across various industries, including aerospace, military, and emergency signage. Its unparalleled durability and longevity make it a preferred choice for manufacturers seeking reliable, long-lasting luminescent solutions. As demand surges for high-performance and energy-efficient materials, Tritium stands out for its unparalleled luminosity and stability, driving its rapid ascent within the dynamic landscape of the luminous paints market.
According to Cognitive Market Research, bucket packaging dominates the market for luminous paints due to its practicality and versatility. The durable construction of buckets ensures secure storage and transportation of luminous paints, preventing leakage or damage during handling. Moreover, bucket packaging offers convenience for both manufacturers and consumers, facilitating easy pouring and application of the paint. Its widespread adoption is driven by the need for reliable containment solutions in various industries, including construction, automotive, and safety signage. As the demand for luminous paints continues to rise, bucket packaging remains a preferred choice, contributing to the market's growth and stability.
The bottle packaging sector has emerged as the fastest-growing segment, driven by evolving consumer preferences and sustainability concerns. This growth is fueled by innovations in materials, designs, and production technologies aimed at enhancing functionality and reducing environmental impact. Additionally, the luminous paints market is experiencing significant expansion, propelled by rising demand across various industries such as automotive, construction, and safety signage. With increasing emphasis on visibility and safety standards, luminous paints offer effective solutions for enhancing visibility in low-light conditions. Overall, these trends reflect dynamic shifts in consumer behavior and industrial requirements, driving innovation and growth in these respective markets.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region's robust infrastructure, stringent safety regulations, and a growing demand for innovative applications contribute to this dominance. Luminous paints find extensive use in various sectors, such as transportation, construction, and safety signage, where visibility is paramount. Additionally, advancements in technology have led to the development of eco-friendly and long-lasting luminous paint solutions, further fueling market growth. This trend is projected to persist as industries prioritize safety and sustainability..
The Asia Pacific region stands out as the fastest-growing market for luminous paints, reflecting a surge in demand driven by various factors. Rapid urbanization, infrastructural development, and increasing disposable incomes contribute to the expanding market. Additionally, heightened awareness about safety measures and a growing preference for innovative and decorative solutions fuel the adoption of luminous paints across sectors. With advancements in technology and an increasing consumer base, the Asia Pacific luminous paints market is poised for remarkable growth, offering lucrative opportunities for manufacturers and investors.
The current report Scope analyzes Luminous Paints Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global luminous paints market size was estimated at USD 18518.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 7407.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global luminous paints market size was estimated at USD 18518.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 5555.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
According to Cognitive Market Research, the global luminous paints market size was estimated at USD 18518.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 4259.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
According to Cognitive Market Research, the global luminous paints market size was estimated at USD 18518.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 925.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
According to Cognitive Market Research, the global Luminous paints market size was estimated at USD 18518.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 370.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
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Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Fluorescent Paint, Phosphorescent Paint, Radio Luminescent Paint |
Application | Road Signs, Watches, Ceramic Tiles, Emergency Signs, Military Instruments, Home Décor, Cosmetics, Medical Instruments, Others. |
End Use Industry | Transportation Industry, Medical & Healthcare Industry, Building & Construction, Defense Industry, Oil and Gas Industry, Others. |
Form | Spray, Solution |
Material | Zinc Sulfide Powder, Calcium Sulfide Powder, Strontium-90 (Sr-90), Tritium (H-3) & Promethium (Pm-147), Radium-226 (Ra-226), Others |
Packaging | Bottle, Can, Bucket, Others |
Sales Channel | Direct Sales, Indirect Sales, Paint Retailors, E-Commerce |
List of Competitors | NOXTON COMPANY, TEAL & MACKRILL LTD, DARKSIDE SCIENTIFIC LLC, ROSCO LABORATORIES, PUFFDINO TRADE CO LTD, ADS GROUP, DEFENSE HOLDINGS INC, WILDFIRE LIGHTING, GLOTECH INTERNATIONAL LTD, DAYGLO COLOR CORP |
This chapter will help you gain GLOBAL Market Analysis of Luminous Paints. Further deep in this chapter, you will be able to review Global Luminous Paints Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Luminous Paints Market Trends North America Luminous Paints Technological Road Map North America Luminous Paints Market Drivers North America Luminous Paints Market Restraints North America Luminous Paints Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End Use Industry Analysis 2019 -2031
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Chapter 13 Market Split by Form Analysis 2019 -2031
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Chapter 14 Market Split by Material Analysis 2019 -2031
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Chapter 15 Market Split by Packaging Analysis 2019 -2031
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Chapter 16 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Luminous Paints market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fluorescent Paint have a significant impact on Luminous Paints market? |
What are the key factors affecting the Fluorescent Paint and Phosphorescent Paint of Luminous Paints Market? |
What is the CAGR/Growth Rate of Road Signs during the forecast period? |
By type, which segment accounted for largest share of the global Luminous Paints Market? |
Which region is expected to dominate the global Luminous Paints Market within the forecast period? |
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