Lucintel's latest market report analyzed that retro-reflective material provides attractive opportunities in traffic control & work zone, conspicuity, fleet & vehicle registration, and personal safety applications. The retro-reflective material market is expected to grow with a CAGR of 17%. In this market, films, sheets, & tapes is the largest segment by product type, whereas traffic control & work zone is largest by application.
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Based on product type, the retro-reflective material market is segmented into films, sheets, & tapes, paints, inks, & coatings, and others. The films, sheets, & tapes segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
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The Retro-Reflective Material Market is marked by the presence of several big and small players. Some of the prominent players offering retro-reflective material include 3M, Avery Dennison, ORAFOL, Dominic Optical, Changzhou Hua R Sheng Reflective Material, Coats Group, Nippon Carbide Industries, Paiho Group, Asian Paints PPG, and Reflomax, and others.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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