New York, NY -- (SBWIRE) -- 02/19/2021 -- The global Retro-Reflective Materials Market is forecast to reach USD 44.28 billion by 2027, according to a new report by Reports and Data. The major share of revenue in the global market is generated by the usage of these materials in the construction and infrastructure sector, in applications like signboards, safety cones, and road markings, among others.

The construction & infrastructure industry is growing across the globe. For example, according to the Indian Brand Equity Foundation, 783 projects were undertaken by the government of India in 2017, and the construction projects recorded a growth rate of 1.23% in 2016-17. These large projects undertaken by the Indian government demanded high consumption of retro-reflective paints to make markings on the highways for ensuring traffic safety. These highways also required retro-reflective sheets, tapes, and films to make signboards for navigating the drivers in nighttime or low light conditions. Initiatives taken by the governments of the emerging economies like South Korea, China, and India, among others, have aided in the growth of the retro-reflective materials market.

Key Companies of the Retro-Reflective Materials Market are:

3M, Orafol Europe GmbH, Avery Dennison Corporation, Dominic Optical Inc., Coats Group PLC, Changzhou Hua R Sheng Reflective Material Co., Ltd, Reflomax, Paiho Group, Nippon Carbide Industries Co., Inc., and Asian Paints Ppg Pvt. Ltd., among others.

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The report offers a panoramic view of the competitive landscape of the Global Retro-Reflective Materials Market. The report covers comprehensive data about current and recent trends, technological advancements, and methodologies. The research document offers detailed and concise data to assist in making strategic business decisions. The report offers a graphical representation of the important statistical data in the form of tables, graphs, charts, figures, and diagrams.

The market is further segmented on the basis of types, applications, end-users, technology, and others. Based on product types offered in the market, the Retro-Reflective Materials market is segmented into

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Films, Sheets & Tapes
Paints, Inks & Coatings
Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

Microprismatic Technology
Glass Beads Technology
Ceramic Beads Technology

Application Outlook (Revenue, USD Billion; 2017-2027)

Traffic Control & Work Zone
Conspicuity & Fleet & Vehicle Registration
Personal Safety
Others

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Based on the regional analysis, the market is segmented into:

North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the strategic alliances of the market, such as mergers and acquisitions, joint ventures, collaborations, product launches, and brand promotions, government and corporate deals, partnerships and agreements, and others. The report also strives to offer insightful information about the competition to offer a competitive edge to the readers and businesses to help them gain a strong footing in the market.

Key questions addressed in the report are:

What is the estimated market size and share in the forecast period?
What are the key driving factors of the Global Retro-Reflective Materials market?
What are the risks and challenges the companies will have to face in the forecast period?
What are the emerging trends, and how will they influence market growth?
What are the opportunities for expansion of the global Retro-Reflective Materials market?
Which region is expected to dominate the market during the forecast period?

Table of Content:

Chapter 1. Market Synopsis

1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2016 – 2026

Chapter 3. Indicative Metrics

3.1. Macro Indicators

3.1.1. Global adoption of shopping complexes
3.1.2. Contribution of advanced technologies
3.1.3. Increasing demand for anti-theft solutions at retail markets

Chapter 4. Retro-Reflective Materials Market Segmentation & Impact Analysis

4.1. Retro-Reflective Materials Market Segmentation Analysis
4.2. Industrial Outlook
4.3. Regulatory Framework
4.4. Retro-Reflective Materials Market Impact Analysis
4.4.1. Market driver analysis

Continue….

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