Phosphorescent Pigment Market Report 2025 (Global Edition)

Global Phosphorescent Pigment Market Report 2024 Market Size Split by Type Outlook: (Zinc Sulfide, Strontium Aluminate, Other Types), by Application Outlook: (Paints & Coatings, Plastics, Printing Ink...

Phosphorescent Pigment Market Report Description

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Phosphorescent Pigment Market Insights Video

Competitive Landscape of the Phosphorescent Pigment Market

The competitive landscape of the phosphorescent pigment market is characterized by a mix of established players and emerging companies. Firms are focusing on innovation and differentiation through product development and strategic collaborations. Additionally, companies are increasingly investing in research and development to enhance the performance and eco-friendliness of their products, aiming to capture market share in various application sectors.

In November 2022, SP Colour & Chemicals introduced a new product, Phosphorescent Pigment, which provides high luminosity without the need for electricity. Recognizing the ongoing challenges of global warming and climate change, we aim to make a small contribution to nature by producing this green energy solution. All our products undergo rigorous quality control from the outset to ensure the highest standards. (Source: https://spcolour.in/wp-content/uploads/2022/11/Glow-in-the-Dark.pdf) In March 2023, BASF Shanghai Coatings inaugurated a new technical center designed to offer comprehensive solutions for automotive OEM customers, encompassing the entire process from color creation to product launch. The newly constructed e-coat application technology center enhances technical expertise and application engineering capabilities. This milestone at the BASF Shanghai Coatings Minhang site aims to better serve customers in China. (Source: https://www.basf.com/global/en/media/news-releases/2023/03/p-23-149)

Top Companies Market Share in Phosphorescent Pigment Industry: (In no particular order of Rank)

• DayGlo Color Corp
• SP Colour & Chemicals
• LuminoChem
• GloTech International
• BHS Specialty Chemicals
• Kustom Kettle
• Avocado Colors
• Kremer Pigments
• 3M
• BASF
• Olikrom
• CromaColor
• Wilshire Technologies
• Geotech International
• Sun Chemical Corporation
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Phosphorescent Pigment Market

Which Region Dominates the Phosphorescent Pigment Market in 2024?

According to Cognitive Market Research, North America currently dominates the phosphorescent pigment market, and the region is expected to have significant growth during the projected period. This is due to stringent safety regulations requiring high-visibility signage in various industries. Additionally, a robust consumer base for toys and novelty items fuels demand, with manufacturers increasingly adopting phosphorescent materials for innovative product offerings.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This is driven by rapid industrialization and urbanization. The increasing adoption of safety standards and a growing toy market contribute to the rising demand, with consumers seeking unique, luminescent products that enhance aesthetics and functionality.

The current report Scope analyzes Phosphorescent Pigment 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Phosphorescent Pigment

As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Phosphorescent Pigment industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (xx%), Mexico (xx%), Canada (xx%)

According to Cognitive Market Research, the global phosphorescent pigment market size was estimated at USD 2451.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 980.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, The United States phosphorescent pigment market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 193.21 million in 2024. Sales of phosphorescent pigments in the U.S. will rise due to stringent safety regulations and growing demand for innovative glow-in-the-dark products in various sectors.
• The Canada phosphorescent pigment market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 29.39 million in 2024. In Canada, increasing investments in infrastructure and construction projects drive demand for high-visibility coatings, boosting the sales of phosphorescent pigments significantly. The Mexico phosphorescent pigment market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 22.28 million in 2024.

Europe Phosphorescent Pigment

As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Phosphorescent Pigment industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,Spain (xx%), United Kingdom (xx%), Russia (xx%), Italy (xx%), Germany (xx%), France (xx%), Rest of Europe (xx%)

According to Cognitive Market Research, the global phosphorescent pigment market size was estimated at USD 2451.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 735.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom phosphorescent pigment market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 30.85 million in 2024. The U.K. market will expand as manufacturers adopt eco-friendly phosphorescent pigments, aligning with sustainability initiatives and meeting consumer preferences for environmentally safe products.
• The France phosphorescent pigment market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 16.90 million in 2024. The Germany phosphorescent pigment market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 36.36 million in 2024. Germany's focus on advanced manufacturing technologies encourages the use of phosphorescent pigments in automotive safety features, enhancing visibility and driving market growth. The Italy phosphorescent pigment market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 15.79 million in 2024. The Russia phosphorescent pigment market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 28.47 million in 2024. The Spain phosphorescent pigment market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD 15.06 million in 2024. The Luxembourg phosphorescent pigment market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 5.69 million in 2024. The Portugal phosphorescent pigment market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 3.86 million in 2024. The Greece phosphorescent pigment market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 2.20 million in 2024. The Rest of Europe phosphorescent pigment market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 28.47 million in 2024.

Asia Pacific Phosphorescent Pigment

As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Phosphorescent Pigment industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (xx%), Australia (xx%), India (xx%), Korea (xx%), Japan (xx%), Rest of APAC (xx%)

According to Cognitive Market Research, the global phosphorescent pigment market size was estimated at USD 2451.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 563.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, China phosphorescent pigment market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 63.36 million in 2024. In China, rapid urbanization and a booming construction sector are propelling sales of phosphorescent pigments for safety signage and innovative decorative applications.
• The Japan phosphorescent pigment market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 19.43 million in 2024. The India phosphorescent pigment market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 16.90 million in 2024. India's growing textile industry is increasingly incorporating phosphorescent pigments in fashion and performance apparel, spurring demand and creating exciting market opportunities. The South Korea phosphorescent pigment market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 14.08 million in 2024. The Australia phosphorescent pigment market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 7.32 million in 2024. The South East Asia phosphorescent pigment market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 9.72 million in 2024. The Rest of Asia Pacific phosphorescent pigment market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 10.00 million in 2024.

South America Phosphorescent Pigment

As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Phosphorescent Pigment industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (xx%), Chile (xx%), Peru (xx%), Colombia (xx%), Argentina (xx%), Rest of South America (xx%)

According to Cognitive Market Research, the global phosphorescent pigment market size was estimated at USD 2451.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 122.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil phosphorescent pigment market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 13.10 million in 2024. In Brazil, increased infrastructure development and government initiatives aimed at improving public safety are driving demand for phosphorescent pigments in signage and coatings.
• The Argentina phosphorescent pigment market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 5.14 million in 2024. Argentina is experiencing rising sales of phosphorescent pigments due to a surge in consumer interest for glow-in-the-dark products in home decor and crafts. The Colombia phosphorescent pigment market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 2.72 million in 2024. The Peru phosphorescent pigment market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 2.51 million in 2024. The Chile phosphorescent pigment market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 2.20 million in 2024. The Rest of Latin America phosphorescent pigment market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 4.93 million in 2024.

Middle East and Africa Phosphorescent Pigment

As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Phosphorescent Pigment industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,Nigeria (xx%), GCC Countries (xx%), Turkey (xx%), South Africa (xx%), Egypt (xx%), Rest of MEA (xx%)

According to Cognitive Market Research, the global phosphorescent pigment market size was estimated at USD 2451.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 49.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries phosphorescent pigment market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 5.24 million in 2024. In the GCC countries, the expanding tourism and hospitality sectors are adopting phosphorescent pigments in innovative applications, enhancing the aesthetic appeal of hotels and entertainment venues.
• The Egypt phosphorescent pigment market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1.29 million in 2024. The South Africa phosphorescent pigment market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1.93 million in 2024. South Africa's growing focus on safety in public spaces is driving demand for phosphorescent pigments in signage and safety gear, boosting market growth significantly. The Turkey phosphorescent pigment market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1.05 million in 2024. The Nigeria phosphorescent pigment market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 1.29 million in 2024. The Rest of MEA phosphorescent pigment market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1.44 million in 2024.

Phosphorescent Pigment Market Analysis

How are Segments by type performing in the Global Phosphorescent Pigment Market?

Phosphorescent Pigment Market Type Segment Analysis

According to Cognitive Market Research, strontium aluminate are likely to dominate the phosphorescent pigment market over the forecast period due to their superior brightness, longer glow duration, and enhanced stability compared to other types. They are widely used in various applications, including safety signage, consumer products, and decorative items, making them the preferred choice for manufacturers.

The others is the fastest-growing segment in the phosphorescent pigment market driven by innovations in phosphorescent materials and the emergence of new formulations that cater to specific market needs. As companies seek to differentiate their products and offer unique features, this segment is expected to witness significant growth in the coming years.

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 Phosphorescent Pigment Industry. Request a Free Sample PDF!

Phosphorescent Pigment Market Application Segment Analysis

According to Cognitive Market Research, the paints & coatings and others segment holds the largest share of the market due to the extensive use of phosphorescent pigments in safety and decorative coatings. These pigments enhance visibility in low-light conditions, making them essential for various applications, including road markings, building safety signs, and consumer goods.

In the phosphorescent pigment market, the textiles has been expanding at a rapid pace driven by increasing consumer demand for innovative and aesthetically appealing products. Phosphorescent pigments are increasingly being integrated into clothing, home textiles, and fashion accessories, creating exciting opportunities for manufacturers as they capitalize on trends in fashion and outdoor apparel.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion