DUBLIN--(BUSINESS WIRE)--May 14, 2018--The "Global Reflective Materials Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global reflective materials market is forecast to grow at a CAGR of 4.98% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increasing demand for fire-resistant reflective tapes. Fire-resistant reflective tapes are heat and flame resistant and aid in enhancing safety by improving visibility in low-light and extreme weather conditions. These tapes are used in several industrial applications and undergo severe tests in industrial laundry conditions.

According to the report, one driver in the market is the growing construction industry. The construction industry has witnessed significant growth in the recent years and with rise in construction activities in countries such as China, India, and the US, the industry will grow at a considerable rate in the coming years as well.

Further, the report states that one challenge in the market is volatile prices of raw materials. A continuous fluctuation in the price of polymers and polyester has been noticed in the past one year. Up till May 2017, the prices of polymers declined, followed by a rise.

Key Vendors

3M Avery Dennison Corporation Daoming Optics & Chemical ORAFOL Europe Viz Reflectives

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Market Segmentation by End-User

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/x6k6kb/global_reflective?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005513/en/

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SOURCE: Research and Markets

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PUB: 05/14/2018 06:34 AM/DISC: 05/14/2018 06:34 AM