Product Code: ETC103963 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Phosphorescent Pigments Market registered a decline of -15.53% in value shipments in 2022 as compared to 2021 and an increase of 4.17% CAGR in 2022 over a period of 2017. In Phosphorescent Pigments Market India is becoming more competitive as the HHI index in 2022 was 2844 while in 2017 it was 3255. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Phosphorescent Pigments Market.
India phosphorescent pigments market is expected to witness a CAGR of 5.6% during the forecast period. The India phosphorescent pigment market has witnessed significant growth in recent years due to its increasing demand from various industries, such as printing & packaging, paints & coatings and automotive industries. Growing awareness about the benefits of using Eco-friendly products in these sectors will further bolster the demand for phosphorescent pigments over the forecast period.
The India phosphorescent pigments market is driven by an increasing demand for customized and aesthetic products in the cosmetics industry. The growing awareness about the benefits of phosphorescence, such as improved visibility in low light situations and extended shelf life, has further accelerated growth. Additionally, increasing consumer preference towards eco-friendly solutions has also contributed significantly to the expansion of this market. Technological advancements coupled with rising investments from key players have resulted in new product launches that are expected to drive future growth.
Some challenges faced by this market include high cost associated with product development processes along with availability issues at times due to limited production capacities around the world. Furthermore, stringent regulations imposed by government authorities on chemical composition also limit their commercialization prospects across different regions around India.
Some major players operating in India Phosphorescent Pigments Market are Altana AG (Germany), Apollo Colors (US), Luminotech International (Singapore), Lumileds Lighting Company (Netherlands) and Nemoto & Co., Ltd.(Japan).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Phosphorescent Pigments Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Phosphorescent Pigments Market Revenues & Volume, 2020 & 2027F |
3.3 India Phosphorescent Pigments Market - Industry Life Cycle |
3.4 India Phosphorescent Pigments Market - Porter's Five Forces |
3.5 India Phosphorescent Pigments Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Phosphorescent Pigments Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Phosphorescent Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Phosphorescent Pigments Market Trends |
6 India Phosphorescent Pigments Market, By Types |
6.1 India Phosphorescent Pigments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Phosphorescent Pigments Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Phosphorescent Pigments Market Revenues & Volume, By Organic Phosphorescent Pigment, 2018 - 2027F |
6.1.4 India Phosphorescent Pigments Market Revenues & Volume, By Inorganic Phosphorescent Pigment, 2018 - 2027F |
6.2 India Phosphorescent Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Phosphorescent Pigments Market Revenues & Volume, By Plastic, 2018 - 2027F |
6.2.3 India Phosphorescent Pigments Market Revenues & Volume, By Paints and Coatings, 2018 - 2027F |
6.2.4 India Phosphorescent Pigments Market Revenues & Volume, By Healthcare, 2018 - 2027F |
6.2.5 India Phosphorescent Pigments Market Revenues & Volume, By Inks, 2018 - 2027F |
6.2.6 India Phosphorescent Pigments Market Revenues & Volume, By Textile Industry, 2018 - 2027F |
6.2.7 India Phosphorescent Pigments Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Phosphorescent Pigments Market Import-Export Trade Statistics |
7.1 India Phosphorescent Pigments Market Export to Major Countries |
7.2 India Phosphorescent Pigments Market Imports from Major Countries |
8 India Phosphorescent Pigments Market Key Performance Indicators |
9 India Phosphorescent Pigments Market - Opportunity Assessment |
9.1 India Phosphorescent Pigments Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Phosphorescent Pigments Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Phosphorescent Pigments Market - Competitive Landscape |
10.1 India Phosphorescent Pigments Market Revenue Share, By Companies, 2020 |
10.2 India Phosphorescent Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |