Reflective Sheeting Market Overview
According to a research survey conducted by ChemView Consulting, in 2022, the Global Reflective Sheeting Market was worth US$ 3,387.9 Mn and is expected to grow at a CAGR of 2.4% over the forecast period. The market is expected to hit US$ 4,095.8 Mn by 2030 end.
Reflective sheeting is described as flexible reflecting sheeting made of retroreflective material mostly utilized as road signs. These sheets improve visibility at night and are also employed in creating special clothes for highway and road construction workers.
They also avert accidents as a safety element in automobiles and road sign indications. Furthermore, these reflecting sheets are employed in manufacturing to increase the scanning range of barcodes.
Reflective Sheeting Market 2017-2030: Report Key Highlights
- Detailed information on factors that will assist Global Reflective Sheeting’s growth during the next eight years
- Assessment of the historical and current Global Reflective Sheeting Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
For More Details Visit Our Report Page: https://chemviewconsulting.com/reports/reflective-sheeting-market/
Segments Covered in Report
By Type:
- Micro Glass Bead
- Micro Prismatic
- Others
By Application:
- Signage
- Transport & Communication Facilities
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways
By Type: In terms of revenue, the micro glass beads sector is expected to rise significantly worldwide. Increasing demand for micro glass beads material will likely boost market growth due to high-quality illumination, low transmission loss, weather resilience, and eco-friendliness at night.
By Application: The signage segment is projected to account for major revenue contributions in the global market.
By Region: The North American market is expected to lead the worldwide reflective sheeting industry. The North American market is expected to rise due to increased government efforts and substantial investments in the manufacture of reflective sheeting in the area.
Competition Summary
Key companies covered in the market study are:
- 3M
- Avery Dennison
- Nippon Carbide Industry
- ASTM
- ORAFOL
- Jisung Corporation
- Reflomax
- KIWA Chemical Industries
- Viz Reflectives
- Daoming Optics & Chemicals
- Changzhou Hus R Sheng Reflective
- Changzhou Huawei
- Yeshili Reflective Materials
- Zhejiang Caiyuan Reflecting
- Huangshan Xingwei Reflectorized
- Yangzhou Tonming Reflective
- Alsafety
- Lianxing Reflective
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