This report studies the global Retro-Reflective Materials market status and forecast, categorizes the global Retro-Reflective Materials market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
One of the primary tasks involved in night driving is to identify an object, traffic signs, and other items apparently. The retroreflective material helps in enhancing the conspicuity of objects, signage, vehicle safely marking, traffic visibility, other road safety applications, and high visibility clothing during nighttime. Retroreflectivity is an optical phenomenon which defines the ability of an object to the backward return of light to its source.
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Retroreflectivity is attained through various reflections within a retro-reflector. It helps the eye observe objects in low light conditions when irradiated by a light source. Thus, retroreflective material improves the contrast of an object for an observer located near to the light source.
For the traffic safety systems, the retroreflective material is used for measuring distance, and identify the road signage. Additionally, the retroreflective material is also used to enhance the scanning range of barcode labels in factory settings up to 50 feet away as well as for personal protective equipment to protect against health and safety hazards.
Based on technology, the retro-reflective materials market has been classified into microprismatic, glass beads, and ceramic beads. The microprismatic segment of the retro-reflective materials market is projected to grow at the highest CAGR during the forecast period, in terms of value. Microprismatic technology is the most demanded technology for the manufacture of retro-reflective materials, owing to the enhanced retro-reflectivity offered by this technology.
The growth of the microprismatic segment can be attributed to the high focus of manufacturers on the demand for products offering better retro-reflective property. This has led to the larger market share of the microprismatic technology in the global retro-reflective materials market.
APAC is the largest market for retro-reflective materials, in terms of value. The growth of the retro-reflective materials market in APAC can be attributed to the expansion of the construction & infrastructure and automotive & transportation industries in this region. The retro-reflective materials market in the APAC is projected to grow at the highest CAGR from 2018 to 2023, in terms of value, owing to the rise in construction projects.
The increasing demand for safety construction products for use in the construction & infrastructure industry in the APAC has led to innovations and developments in the industry, making it a growing retro-reflective materials market, globally.
Also, the growing automotive & transportation industry in the APAC due to the significant sales of vehicles is expected to further support the demand for retro-reflective materials for conspicuity, & fleet, & vehicle registration of these vehicles.The global Retro-Reflective Materials market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018–2025.
The major manufacturers covered in this report
- Avery Dennison(US)
- Nippon Carbide Industry (NCI) (Japan)
- Jinsung Corporation(Korea)
- KIWA Chemical Industries(Japan)
- Viz Reflectives(UK)
- Daoming Optics & Chemicals(China)
- Changzhou Hua R Sheng Reflective(China)
- Changzhou Huawei(China)
- YSL Reflective Material(China)
- Zhejiang Caiyuan Reflecting(China)
- Huangshan Xingwei Reflectorized(China)
- Yangzhou Tonming Reflective(China)
- Hefei Every Traffic Safety(China)
- Lianxing Reflective(China)
- Guangzhou Baiyun Xinda Reflective Material(China)
- Zhejiang Ygm Technology(China)
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
- North America
- United States
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Central & South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Glass Beads
- Ceramic Beads
By Application, the market can be split into
- Traffic Control & Work Zone
- Conspicuity, & Fleet, & Vehicle Registration
- Personal Safety
The study objectives of this report are:
- To analyze and study the global Retro-Reflective Materials capacity, production, value, consumption, status (2013–2017) and forecast (2018–2025);
- Focuses on the key Retro-Reflective Materials manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Retro-Reflective Materials are as follows:
- History Year: 2013–2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Key Stakeholders
- Retro-Reflective Materials Manufacturers
- Retro-Reflective Materials Distributors/Traders/Wholesalers
- Retro-Reflective Materials Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
With the given market data,we offers customizations according to the company’s specific needs. The following customization options are available for the report:
- Regional and country-level analysis of the Retro-Reflective Materials market, by end-use.
- Detailed analysis and profiles of additional market players.
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Table of content
Global Retro-Reflective Materials Market Professional Survey Report 2018
1 Industry Overview of Retro-Reflective Materials
1.1 Definition and Specifications of Retro-Reflective Materials
1.1.1 Definition of Retro-Reflective Materials
1.1.2 Specifications of Retro-Reflective Materials
1.2 Classification of Retro-Reflective Materials
2 Manufacturing Cost Structure Analysis of Retro-Reflective Materials
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Retro-Reflective Materials
2.3 Manufacturing Process Analysis of Retro-Reflective Materials
3 Technical Data and Manufacturing Plants Analysis of Retro-Reflective Materials
3.1 Capacity and Commercial Production Date of Global Retro-Reflective Materials Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global Retro-Reflective Materials Major Manufacturers in 2017
Key Que Answered in this report:
- What will the Retro-Reflective Materials Market?
- What are the key factors driving the Retro-Reflective Materials Market?
- What are the key market trends in Retro-Reflective Materials Market?
- improve pasting the growth of the Retro-Reflective Materials Market?
- What are the challenges to Global Retro-Reflective Materials Market?
- What are the market opportunities and threats faced by the vendors in the Global Retro-Reflective Materials Market?
- What are the key outcomes of the five forces analysis of Retro-Reflective Materials Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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