Retro-reflective material is made using tiny glass beads or microprismatic which reflect light directly back toward its source, from a much wider angle than reflective material. Retro-reflective materials can be incorporated into traffic control signs, clothing, helmets, bike equipment, backpacks or personal safety items .A typical example of Retro-reflectivity is seen when the light from automobile headlights are redirected to the drivers eyes from traffic signs at night. —
3M and Avery Dennison are two leading players in the retro-reflective materials market. These two companies hold the market share for 12.98% and 13.09% separately. The giant in this market is focused on expanding its product portfolio and gaining a competitive edge over other players in the retro-reflective materials market.
From the view of region, Asia Pacific is to dominate the global market，especially China which hold a 28.12% market share of the whole market in 2018. The North America and Europe markets are following China take 24.71% and 23.65% separately. The rest market, owing to the rising demand for the construction, traffic and personal safety needs for retro-reflective material will witness a steadily growth during next eight years.
Global Retro-Reflective Materials market size will increase to 7230 Million US$ by 2025, from 4670 Million US$ in 2018, at a CAGR of 6.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Retro-Reflective Materials.
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The objectives of this report are to focus on the key Retro-Reflective Materials companies and study the capacity, production, value, market share and development plans for next few years. This report also analyses global and regions market potential, advantage, opportunities, challenge, restraints and risks. It helps to identify current trends and factors driving or inhibiting the market growth and to find high growth opportunities in the market for stakeholders. Later this report also talks about the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Various companies like 3m, Avery Dennison, Orafol Europe Gmbh, Dm Reflective, Huarsheng, Coats Group Plc, Nci, Crystal-Optech, Paiho Group, Viz Reflectives, Reflomax, Unitika Sparklite, Aura Optical Systems, Jrc, Halo Coatings and more are profiled in this report in the terms of capacity, production, value, price, market share, etc. Market has been segmented on the basis of product types and provides the information related to growth rate for each product type, revenue, price, production, revenue forecasts, etc. It has been also segmented by applications which includes growth rate for each application, regional consumption analysis, consumption forecasts, etc.
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Retro-Reflective Materials Production Breakdown Data by Region
• United States
• Other Regions
Retro-Reflective Materials Consumption Breakdown Data by Region
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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