The fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7 % from USD 377 million in 2023. The growth in emerging markets, coupled with increased use in security and anti-counterfeiting measures, will contribute to the rapid growth in the demand for fluorescent pigment.
Fluorescent pigments are specially formulated compounds that emit visible light when exposed to ultraviolet (UV) radiation. These pigments absorb UV light and re-emit it at longer wavelengths,