Portland, OR -- (SBWire) -- 09/27/2017 --There is an increase in the demand for luminous paints in the construction of smart highway across the world. Also, the use of luminous paint in various industrial sectors drives the demand for luminous paint in the market. However, high cost of production and the low life of the luminous paint restrains the growth of the market. Advancement of new technology such as long lasting luminous paint and high wear resistant luminous paint provides growth opportunity to the market.

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The market is segmented on the basis of type, application, and geography. By type, the market is divided into fluorescent paint, phosphorescent paint, and radio luminescent paint. By application, it is categorized into escape routes, emergency signage, cosmetics, home dcor, and others (phosphor thermometry and highway marking). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major players analyzed in this report include Rosco Laboratories, Inc., Teal & Mackrill Ltd, Noxton Company, PUFFDINO Trade Co.,Ltd., Darkside Scientific LLC, ADS Group, DayGlo Color Corp., GloTech International Ltd., Wildfire Lighting, and Defense Holdings, Inc.

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Key Benefits

-The study provides an in-depth analysis of the luminous paint market, with current trends and future estimations to elucidate the investment pockets.

-Comprehensive analysis of factors that drive and restrict the growth of the market is provided.

-The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.

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