Market Overview:
The global reflective coat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety and security products across different applications. In terms of type, PVC material is expected to hold a major share in the global reflective coat market during the forecast period. This can be attributed to its properties such as durability, weather resistance and low cost. In terms of application, traffic police is expected to hold a major share in the global reflective coat market during the forecast period.
Product Definition:
A reflective coat is a type of paint that contains tiny glass beads or metallic flakes that reflect light. These coats are often used on signs and other objects to make them more visible at night or in low-light conditions.
PVC Material:
Polyvinyl Chloride (PVC) is a thermoplastic polymer, which can be processed through injection molding, extrusion and blow molding. It has high resistance to chemicals & abrasion and offers excellent flexibility at low temperatures. PVC material is widely used in the production of traffic reflectors, roofing products for commercial buildings & houses along with other industrial applications such as pipes & cables.
Polyurethane Material:
Polyurethane (PU) is a polymer, which is made up of chains of urethane links. It has properties such as high strength, excellent insulation and flexibility along with resistance to chemicals & solvents. PU can be either thermoset or thermoplastic depending upon processing conditions.
Application Insights:
The traffic police reflective coat segment held the largest market share in 2017. These coats are used by traffic police officers to warn drivers about the dangers of using mobile phones while driving and drinking alcohol. The construction workers reflective coat is projected to witness a significant CAGR over the forecast period owing to increasing demand for such products from various construction sites across different regions, especially in cold weather conditions.
Reflective wear is considered necessary equipment for all types of sportsmen who venture out into wild animals preserves or forests during hunting season or on other occasions when visibility is crucial and safety matters important. The other application segment includes applications such as medical staff, firemen, airport ground crew and others engaged in high-risk activities that require extra caution while undertaking their duties at night time as well as during foggy/rainy weather conditions.
Regional Analysis:
Asia Pacific dominated the global reflective coat market in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to increasing road accidents, growing construction industry, and rising awareness about road safety among consumers. In addition, improving living standards have led people to opt for vehicles with better fuel efficiency which has resulted in increased sales of light-weighted vehicles that are prone to accidents. These factors are likely to increase product demand from 2017 through 2030.
North America accounted for a significant share of global revenue in 2016 owing to high adoption rates of advanced products coupled with stringent regulations laid down by regulatory bodies such as URSSA (Urban Roads Safety Association) and AASHTO (The American Association of State Highway Transportation Officials). The region is expected witness steady growth over the forecast period owing to increasing investments made by governments towards infrastructure development along with growing emphasis on reducing vehicular fatalities rate per million inhabitants every year.
Growth Factors:
- Increasing demand for Reflective Coatings from the automotive and construction industries on account of their properties such as durability, weather resistance, and high visibility.
- Rising awareness about the benefits of using Reflective Coatings among consumers, which is likely to boost demand over the forecast period.
- Technological advancements in Reflective Coatings that offer better performance characteristics are expected to spur market growth.
- Growing popularity of reflective paints and coatings among architects and designers for aesthetic purposes is anticipated to fuel demand in the near future. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Reflective Coat Market Research Report
By Type
PVC Material, Polyurethane Material, Polyamide Material, Cotton Material, Other
By Application
Cleaner, Traffic Police, Construction Workers, Night Work, Other
By Companies
AJ Group, Bierbaum-Proenen, BLAKLADER WORKWEAR, Bulwark, COFRA, Fallsafe-Online Lda, Grundéns of Sueden, HELLY HANSEN Work Wear, MCR Safety, Pfanner Schutzbekleidung GmbH, AJ Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Reflective Coat Market Report Segments:
The global Reflective Coat market is segmented on the basis of:
Types
PVC Material, Polyurethane Material, Polyamide Material, Cotton Material, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cleaner, Traffic Police, Construction Workers, Night Work, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AJ Group
- Bierbaum-Proenen
- BLAKLADER WORKWEAR
- Bulwark
- COFRA
- Fallsafe-Online Lda
- Grundéns of Sueden
- HELLY HANSEN Work Wear
- MCR Safety
- Pfanner Schutzbekleidung GmbH
- AJ Group
Highlights of The Reflective Coat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PVC Material
- Polyurethane Material
- Polyamide Material
- Cotton Material
- Other
- By Application:
- Cleaner
- Traffic Police
- Construction Workers
- Night Work
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reflective Coat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reflective coat is a type of coating that reflects light. It can be used on materials such as glass, metal, and plastic to make them more visible at night or in low-light conditions.
Some of the key players operating in the reflective coat market are AJ Group, Bierbaum-Proenen, BLAKLADER WORKWEAR, Bulwark, COFRA, Fallsafe-Online Lda, Grund©ns of Sueden, HELLY HANSEN Work Wear, MCR Safety, Pfanner Schutzbekleidung GmbH, AJ Group.
The reflective coat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reflective Coat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Reflective Coat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reflective Coat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Reflective Coat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Reflective Coat Market Size & Forecast, 2020-2028
4.5.1 Reflective Coat Market Size and Y-o-Y Growth
4.5.2 Reflective Coat Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PVC Material
5.2.2 Polyurethane Material
5.2.3 Polyamide Material
5.2.4 Cotton Material
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cleaner
6.2.2 Traffic Police
6.2.3 Construction Workers
6.2.4 Night Work
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reflective Coat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reflective Coat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PVC Material
9.6.2 Polyurethane Material
9.6.3 Polyamide Material
9.6.4 Cotton Material
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cleaner
9.10.2 Traffic Police
9.10.3 Construction Workers
9.10.4 Night Work
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PVC Material
10.6.2 Polyurethane Material
10.6.3 Polyamide Material
10.6.4 Cotton Material
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cleaner
10.10.2 Traffic Police
10.10.3 Construction Workers
10.10.4 Night Work
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PVC Material
11.6.2 Polyurethane Material
11.6.3 Polyamide Material
11.6.4 Cotton Material
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cleaner
11.10.2 Traffic Police
11.10.3 Construction Workers
11.10.4 Night Work
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PVC Material
12.6.2 Polyurethane Material
12.6.3 Polyamide Material
12.6.4 Cotton Material
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cleaner
12.10.2 Traffic Police
12.10.3 Construction Workers
12.10.4 Night Work
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PVC Material
13.6.2 Polyurethane Material
13.6.3 Polyamide Material
13.6.4 Cotton Material
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cleaner
13.10.2 Traffic Police
13.10.3 Construction Workers
13.10.4 Night Work
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reflective Coat Market: Competitive Dashboard
14.2 Global Reflective Coat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AJ Group
14.3.2 Bierbaum-Proenen
14.3.3 BLAKLADER WORKWEAR
14.3.4 Bulwark
14.3.5 COFRA
14.3.6 Fallsafe-Online Lda
14.3.7 Grundéns of Sueden
14.3.8 HELLY HANSEN Work Wear
14.3.9 MCR Safety
14.3.10 Pfanner Schutzbekleidung GmbH
14.3.11 AJ Group
