Retro Reflective Materials Market Size will reach US$ 6350 million by 2024

Retro-Reflective Materials Market Size will reach US$ 6350 million by 2024 Call: +1(646)-781-7170 (Int'l)

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Published on : 2 August 2019

Report Description 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. ŠAll Rights Reserved, 24 Market Reports

Market Value $50,000

CAGR of 6.4%

$60,000 $50,000

$40,000

$40,000 $30,000

(2019- 2024)

$30,000 $20,000 $20,000 $10,000

$0

©All Rights Reserved, 24 Market Reports

$10,000

20XX

20XX

20XX

20XX

20XX

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Table of Contents 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Retro-Reflective Materials Consumption 2014-2024 2.1.2 Retro-Reflective Materials Consumption CAGR by Region 2.2 Retro-Reflective Materials Segment by Type 2.2.1 Microprismatic 2.2.2 Glass Beads 2.3 Retro-Reflective Materials Consumption by Type

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