The report, published by MarketsandMarkets, explains several factors driving the market including technological advancements, shifting consumer behaviors, favorable economic conditions, expanding applications in various industries, and growing demand.

The report has the market projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023.

Brilliant Group and Terra Firma, a DKSH company, announced that the companies have entered into a partnership that will allow Terra Firma to sell Brilliant Group's fluorescent and phosphorescent pigments.

Daylight fluorescent pigment manufacturer Brilliant Group Inc. announced the opening of its new 20,000-square-foot manufacturing facility in Richmond, CA.