Polyether_Polyether Polyol News Reflective materials have a wide range of applications and high market concentration

Reflective materials have a wide range of applications and high market concentration

Reflective materials have a wide range of applications and high market concentration

Reflective material, also known as retroreflective material, is a special optical material made of resin, pigments, glass beads and other materials. Reflective materials can be divided into three types: reflective film, reflective cloth and reflective products. Reflective cloth can be divided into high visibility reflective cloth and general reflective cloth. Up to now, the application of reflective materials around the world has a history of a hundred years. After continuous development and accumulation, reflective materials have penetrated into various fields of the national economy, involving rail transportation, construction and building materials, daily products, automobiles, clothing and other fields.

Due to different economic levels around the world, the degree of marketization of reflective materials also varies. Globally, the reflective material market in Europe, the United States, Japan and other regions started early and the market development is relatively mature, and the above regions have higher requirements for the quality, reflective brightness, performance, etc. of reflective materials. The reflective materials on the market are mainly mid-to-high-end products, and the supply side Most of them are large comprehensive enterprises and brand owners. In recent years, with the rise of emerging economies, the market demand for reflective materials in Asia-Pacific, South America and other regions has continued to release. The above regions pay more attention to the economics and basic functions of reflective materials. Therefore, reflective materials are mostly mid-to-low-end products, and the supply side is mostly based on technical capabilities. Limited and smaller production enterprises.

According to the “2022-2026 Reflective Materials Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, in 2020 , the global reflective material market size has reached more than 8.5 billion US dollars. Relying on advantages such as first mover, technology, experience and brand, foreign companies occupy a major share of the global reflective material market, such as 3M of the United States, Avery Dennison, Enshiai of Japan, Orifei of Germany, Reflomax of South Korea, etc. The reflective material market is highly concentrated. Among them, 3M and Avery Dennison of the United States are the leading companies in the reflective materials market, with a combined market share of 30.6%.

my country’s reflective material industry started late. Due to technical limitations, the production level of my country’s reflective material enterprises is low. However, as domestic market demand continues to be released, domestic enterprises have gradually grown and developed by virtue of their advantages in cost and scale. In recent years, under the transformation of economic structure, domestic enterprises have continuously narrowed the gap with international enterprises by increasing investment in research and development and improving process levels. At this stage, my country’s largest reflective material manufacturers include Daoming Optical, Sudavige, and Star. Hua Reflective, Baiyun Xinda, etc. Among them, Daoming Optical has become the first echelon of reflective materials in the world.

Industry analysts said that reflective materials have a wide range of applications. In recent years, with the continuous release of market demand, the scale of my country’s reflective materials market has continued to grow. expand. The reflective materials market is highly concentrated, with European and American companies accounting for the majority of the global market. Compared with European and American companies, Chinese companies still have certain gaps in technology, research and development, and brand building. Under the trend of upgrading market demand, domestic companies have greater room for improvement. .

This article is from the Internet, does not represent the position of Toluene diisocyanate reproduced please specify the source.https://www.polyether-factory.com/archives/7709

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