Reflective Materials Market Holds Growth Of $31.14 Billion By 2025 | Key Industry Players 3M, Denki Kagaku, Avery Dennison
San Francisco, 18 December 2018 - The global reflective materials market value is anticipated to reach USD 31.14 billion by 2025, according to a new report by Grand View Research, Inc. The rising high-visibility fabric demand for the work place and safety and traffic management is expected to be a key factor steering the growth in the coming years. Applications predominately include coatings use in the construction & roads and textile sectors. It is utilized in manufacturing architectural glasses, solar panels, windows, and a broad range of apparels such as shirts, sportswear, shoes, vests, jackets, fashion, armbands, signs, belts, safety vests, badges, backpacks, raincoats, and belts. The growing demand in key industries including automotive, construction and road infrastructure are expected to increase the consumption globally. Economic and industrial developments in economies such as China, Japan, and India have contributed significantly to the market expansion over th