The fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023. The market growth is driven by influencing factors such as growing industrialization and urbanization in emerging regions, and increased use in security and anti-counterfeiting measures.
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Asia Pacific dominates the fluorescent pigment market, driven by significant consumption in key countries like China, India, South Korea, and Japan. These nations are home to major industries—textiles, printing, packaging, and electronics—that utilize fluorescent pigments in applications such as inks, coatings, and plastics. The region’s large population and growing consumer demand bolster the packaging industry, where fluorescent pigments play a crucial role in enhancing visual appeal and capturing consumer attention.
The key global players in the fluorescent pigment industry include Radiant Color NV (Belgium), Luminochem (Hungary), Wanlong Chemical Co., Ltd. (China), Sinloihi Co., Ltd. (Japan), Wuxi Minghui International Trading Co., Ltd. (China), DayGlo Color Corp. (US), Aron Universal Limited (India), Vicome Corp. (China), Hangzhou Aibai Chemical Co., Ltd. (China), Brilliant Group Inc. (US).are the key players in the fluorescent pigment market. These companies are strong in their home region and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.
Radiant Color NV
Radiant Color is one of the global principal suppliers of high-performance fluorescent pigments and dyes. The company has a special focus on tailor-made solutions. The company’s product line includes fluorescent pigments and dyes, conventional organic and inorganic pigments and pigment concentrates, specialty resin, and functional solutions. The company offers its products to various end-use industries such as paints, paper, textiles, inks, plastics, cosmetics, and dyes. The company produces greener and safer products, which create real added value for customers. The company have agencies in Argentina, Australia, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Egypt, Finland, France, India, Saudi Arabia, Vietnam, Spain, and others.
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DayGlo Color Corp.
DayGlo Color Corp. is a part of RPM, Inc. It holds the distinction of being the global leader in the production of daylight fluorescent pigments. The company’s product line includes pigments, toners, conventional dispersions, fluorescent dispersions, inks & bases, dyes, paint & coatings. The company serves its products to various markets such as plastics, graphics arts, cosmetics & personal care, packaging, consumer products, food & beverage, safety & security, textiles, and apparels. The company has a strong presence in North America.