Product Code: ETC103967 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Phosphorescent Pigments Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 8.35% in 2025 and reaches 11.67% by 2029.
In the Asia region, the Phosphorescent Pigments market in Indonesia is projected to expand at a growing growth rate of 9.77% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Phosphorescent pigments are luminescent materials that emit light after exposure to a light source. These pigments are widely used in various industries, including paints and coatings, plastics, printing inks, and textiles, for applications such as signage, safety markings, and novelty items. The Indonesia phosphorescent pigments market is growing, driven by increasing demand for visually appealing and safety-enhancing products.
Phosphorescent pigments are extensively used in safety and security applications, such as glow-in-the-dark signage, emergency exit signs, and safety markings. With a focus on improving safety measures across industries, there is an increasing trend of incorporating phosphorescent pigments in these applications. Manufacturers are investing in research and development activities to introduce new and improved phosphorescent pigments. These innovations include pigments with enhanced brightness, longer afterglow duration, and compatibility with different substrates, catering to the evolving needs of end-users.
The construction and infrastructure sectors in Indonesia are witnessing rapid growth, driving the demand for paints and coatings. Phosphorescent pigments are used in decorative and safety coatings to create visually appealing effects and enhance visibility in low-light conditions, thereby driving market growth. Phosphorescent pigments are utilized in novelty items, such as toys, stickers, and textiles, to create glow-in-the-dark effects. The increasing popularity of these products among consumers, especially children and young adults, is contributing to the growth of the phosphorescent pigments market.
The COVID-19 pandemic had a mixed impact on the Indonesia phosphorescent pigments market. The temporary disruptions in supply chains, restrictions on manufacturing activities, and reduced consumer spending affected the market during the pandemic. However, the demand for safety and security applications, including phosphorescent signage for healthcare facilities and public places, witnessed a surge. As the economy recovers and industries resume operations, the market is expected to regain momentum.
Developing phosphorescent pigments with improved performance characteristics, such as higher brightness and longer afterglow duration, poses technological challenges for manufacturers. Continuous research and development efforts are required to meet the evolving market demands. Phosphorescent pigments may contain certain heavy metals and chemicals that can have environmental implications. Adhering to environmental regulations and ensuring the safe disposal of waste materials present challenges for market players.
DayGlo Color Corp., Nemoto Lumi-Materials Company Ltd., Dane Color UK Ltd., Yeming Science & Technology Co., Ltd., Jiangsu Tiancai Chemical Co., Ltd., Radiant Color NV, Lynwon Group, Huangshan Jiajia Fluorescent Material Co., Ltd.
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 Indonesia Phosphorescent Pigments Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Phosphorescent Pigments Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Phosphorescent Pigments Market - Industry Life Cycle |
3.4 Indonesia Phosphorescent Pigments Market - Porter's Five Forces |
3.5 Indonesia Phosphorescent Pigments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Phosphorescent Pigments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Phosphorescent Pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Phosphorescent Pigments Market Trends |
6 Indonesia Phosphorescent Pigments Market, By Types |
6.1 Indonesia Phosphorescent Pigments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Organic Phosphorescent Pigment, 2018 - 2031F |
6.1.4 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Inorganic Phosphorescent Pigment, 2018 - 2031F |
6.2 Indonesia Phosphorescent Pigments Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Plastic, 2018 - 2031F |
6.2.3 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Paints and Coatings, 2018 - 2031F |
6.2.4 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Healthcare, 2018 - 2031F |
6.2.5 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Inks, 2018 - 2031F |
6.2.6 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Textile Industry, 2018 - 2031F |
6.2.7 Indonesia Phosphorescent Pigments Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Phosphorescent Pigments Market Import-Export Trade Statistics |
7.1 Indonesia Phosphorescent Pigments Market Export to Major Countries |
7.2 Indonesia Phosphorescent Pigments Market Imports from Major Countries |
8 Indonesia Phosphorescent Pigments Market Key Performance Indicators |
9 Indonesia Phosphorescent Pigments Market - Opportunity Assessment |
9.1 Indonesia Phosphorescent Pigments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Phosphorescent Pigments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Phosphorescent Pigments Market - Competitive Landscape |
10.1 Indonesia Phosphorescent Pigments Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Phosphorescent Pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |