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Thermochromic Material Market

Thermochromic Material Market by Type (Reversible and Irreversible), Material (Leuco Dyes, Liquid Crystals, Pigments and Others), and End-Use Industries (Packaging & Printing & Coating, Medical, Textile, Industrial and Others): Global Opportunity Analysis and Industry Forecast 2020–2030

A06175
Pages: 250
Sep 2021 | 2265 Views
   
Author(s) : Rutuja Danekar , Eswara Prasad
Tables: 145
Charts: 73
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Thermochromic Material Market Statistics - 2030

The global thermochromic material market was valued at $1.0 billion in 2020, and is projected to reach $1.3 billion by 2030, growing at a CAGR of 3.4% from 2020 to 2030. 

The thermochromic material market has been negatively impacted due to the wake of the COVID-19 pandemic owing to its dependence on chemical manufacturing, polymer catalysis, packaging, and other retail sectors.

Thermochromic are the materials that are divided into two parts based on uses named “Thermal” is heat and “Chrome” is coloration. Thermochromic material shows reversible transition from color to colorless due to the change in temperature. The change in temperature may occur due to various stimuli like, ultraviolet irradiation, sunlight. There are mainly two types of materials used to produce thermochromic effects, namely organic dyes called leuco dyes and liquid crystals.

Thermochromic-Materials-Market-2021-2030

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Thermochromic materials are generally organic leuco-dye mixtures composed by the solvent, color developer and the color former. Thermochromic material is used as temperature indicators in many industries and also used to determine the reaction heat and temperature variation in chemical reaction. In addition, it is used to measure temperature distribution of chemical heating apparatus such as reactors and heat exchangers and also used to indicate the temperature variation in containers for chemicals, dangerous goods and storage vaults. Moreover, it is used to detect hot and cold by the changing the property of material such as color, shape, size and other. Furthermore, thermochromic materials are heavily used in textile, pharmaceutical, packaging, printing and many other.  

The global thermochromic material market is segmented on the basis of type, material, technology, end-use industry and region. Depending on type, the market is categorized into reversible and irreversible. On the basis of material, it is classified into leuco dyes, liquid crystals and others. On the basis of end-use industry, it is segmented into packaging, printing & coating, medical, textile, industrial and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global thermochromic material market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include OliKrom (France), LCR Hallcrest (U.S.), Chromatic Technologies (CTI) (US), Matsui International Company (U.S.), New Prisematic Enterprise (Taiwan), Smarol Industry (China), GEMINNOV (France), Hali Industrial (China), Kolorjet (India), and Kolortek (China).

Global Thermochromic material market, by type

By type, the irreversible segment dominated the global thermochromic material market in 2020, and is projected to remain the fastest-growing segment during the forecast period.

Thermochromic Material Market
By Type

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Irreversible is projected as the most lucrative segment.

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Global Thermochromic material market, by material

By materials, the packaging segment accounted for the highest market share of around 33.34% in 2020, and is projected to maintain the same during the forecast period. This is attributed to its extensive use in packaging industry and other industries.

Thermochromic Material Market
By Materials

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Printing and Coatings is projected as the most lucrative segment.

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Global Thermochromic material market, by end-use industry

By end-use industry, the leuco dyes segment accounted for around 39.9% of the global thermochromic material market share in 2020. This is attributed to increase in demand for printers in paper & packaging industries across the globe. 

Thermochromic Material Market
By End-use

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Liquid Crystal is projected as the most lucrative segment.

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Global Thermochromic material market, by region

By region, Asia Pacific is projected to be the fastest growing market, owing to presence of large population and rise in infrastructure activities. Demand for packaged products is anticipated to boost the industry growth during the forecast period.

Thermochromic Material Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia Pacific holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis of the global thermochromic material market trends along with the current and future market forecast.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the thermochromic material industry for strategy building.
  • A comprehensive global thermochromic material market analysis covers factors that drive and restrain the market growth.
  • The qualitative data in this report aims on market dynamics, trends, and developments.

Impact Of Covid-19 On The Global Thermochromic Material Market

  • As a result of the global economic slowdown, the production of major industries such as pulp & paper, textile, printing & coating and others were stopped for a shorter period. The strict regulations of government led to decrease in the sector due to which there is a sluggish decline in the growth of the global thermochromic material market.
  • The pharmaceutical and healthcare industry accounts for a major share in terms of consumption of thermochromic material globally. After the major lockdown across the globe, there is a significant growth in the healthcare industry, which led to increase in demand for thermochromic material across the globe. However, there is a sluggish effect on the thermochromic material due to COVID-19.
  • The production of textile was not stopped due to the minor restrictions on common use commodities, which led to increase in supply of thermochromic material, which in turn imparts a sluggish effect on the thermochromic material market.  
  • Due to the COVID outbreak, online shopping plays a vital role which led to increase in demand for packaging & printing; however, there is a sluggish impact on thermochromic material market. 
  • The food packaging industry accounts for a significant share in terms of consumption of thermochromic material globally. Attributed to the outbreak of COVID-19 pandemic, the demand for food packaging was increased. As a result, the demand for thermochromic material has increased, however there is a sluggish impact on the global thermochromic material market.

Key Market Segments

By Type

  • Reversible
  • Irreversible

By Material

  • Leuco Dyes
  • Liquid crystals
  • Pigments 
  • Others

By End-Use Industry

  • Packaging
  • Printing & Coating
  • Medical
  • Textile
  • Industrial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Top winning strategies

3.3.1.Top winning strategies, by year
3.3.2.Top winning strategies, by development
3.3.3.Top winning strategies, by company

3.4.Key forces shaping the global thermochromic materials market
3.5.Market player positioning, 2018
3.6.Market dynamics

3.6.1.Drivers
3.6.2.Restraint
3.6.3.Opportunities

3.7.Value chain analysis
3.8.Impact of government regulations on the global thermochromic materials market
3.9.Patent analysis

3.9.1.By countries, 2012–2020
3.10.Impact of COVID-19 outbreak on the thermochromic materials market

CHAPTER 4:GLOBAL THERMOCHROMIC MATERIALS MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Reversible

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Irreversible

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

CHAPTER 5:GLOBAL THERMOCHROMIC MATERIALS MARKET, BY MATERIAL

5.1.Overview

5.1.1.Market size and forecast

5.2.Packaging

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Printing and Coating

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

5.4.Medical

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.5.Others

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

CHAPTER 6:GLOBAL THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY

6.1.Overview

6.1.1.Market size and forecast

6.2.Leuco dyes

6.2.1.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast, by region

6.3.Liquid Crystal

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.3.Pigments

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

CHAPTER 7:THERMOCHROMIC MATERIALS MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by Material
7.2.4.Market size and forecast, by End-use Industry
7.2.5.Market analysis, by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by type
7.2.6.2.Market size and forecast, by Material
7.2.6.3.Market size and forecast, by End-use Industry

7.2.7.Canada

7.2.7.1.Market size and forecast, by type
7.2.7.2.Market size and forecast, by Material
7.2.7.3.Market size and forecast, by End-use Industry

7.2.8.Mexico

7.2.8.1.Market size and forecast, by type
7.2.8.2.Market size and forecast, by Material
7.2.8.3.Market size and forecast, by End-use Industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by Material
7.3.4.Market size and forecast, by End-use Industry
7.3.5.Market analysis, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by type
7.3.6.2.Market size and forecast, by Material
7.3.6.3.Market size and forecast, by End-use Industry

7.3.7.France

7.3.7.1.Market size and forecast, by type
7.3.7.2.Market size and forecast, by Material
7.3.7.3.Market size and forecast, by End-use Industry

7.3.8.Spain

7.3.8.1.Market size and forecast, by type
7.3.8.2.Market size and forecast, by Material
7.3.8.3.Market size and forecast, by End-use Industry

7.3.9.Italy

7.3.9.1.Market size and forecast, by type
7.3.9.2.Market size and forecast, by Material
7.3.9.3.Market size and forecast, by End-use Industry

7.3.10.UK

7.3.10.1.Market size and forecast, by type
7.3.10.2.Market size and forecast, by Material
7.3.10.3.Market size and forecast, by End-use Industry

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by type
7.3.11.2.Market size and forecast, by Material
7.3.11.3.Market size and forecast, by End-use Industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by Material
7.4.4.Market size and forecast, by End-use Industry
7.4.5.Market analysis, by country
7.4.6.China

7.4.6.1.Market size and forecast, by type
7.4.6.2.Market size and forecast, by Material
7.4.6.3.Market size and forecast, by End-use Industry

7.4.7.Japan

7.4.7.1.Market size and forecast, by type
7.4.7.2.Market size and forecast, by Material
7.4.7.3.Market size and forecast, by End-use Industry

7.4.8.India

7.4.8.1.Market size and forecast, by type
7.4.8.2.Market size and forecast, by Material
7.4.8.3.Market size and forecast, by End-use Industry

7.4.9.South Korea

7.4.9.1.Market size and forecast, by type
7.4.9.2.Market size and forecast, by Material
7.4.9.3.Market size and forecast, by End-use Industry

7.4.10.Australia

7.4.10.1.Market size and forecast, by type
7.4.10.2.Market size and forecast, by Material
7.4.10.3.Market size and forecast, by End-use Industry

7.4.11.Rest of Asia-Pacific

7.4.11.1.Market size and forecast, by type
7.4.11.2.Market size and forecast, by Material
7.4.11.3.Market size and forecast, by End-use Industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by Material
7.5.4.Market size and forecast, by End-use Industry
7.5.5.Market analysis, by country

7.5.6.Brazil

7.5.6.1.Market size and forecast, by type
7.5.6.2.Market size and forecast, by Material
7.5.6.3.Market size and forecast, by End-use Industry

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by type
7.5.7.2.Market size and forecast, by Material
7.5.7.3.Market size and forecast, by End-use Industry

7.5.8.South Africa

7.5.8.1.Market size and forecast, by type
7.5.8.2.Market size and forecast, by Material
7.5.8.3.Market size and forecast, by End-use Industry

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by type
7.5.9.2.Market size and forecast, by Material
7.5.9.3.Market size and forecast, by End-use Industry

CHAPTER 8:COMPANY PROFILES

8.1.OLIKROM

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.LCR HALLCREST

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.R&D expenditure
8.2.7.Business performance
8.2.8.Key strategic moves and developments

8.3.CHROMATIC TECHNOLOGIES

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Product portfolio

8.4.MITSUI INTERNATIONAL COMPANY 

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments

8.5.NEW PRISEMATIC ENTERPRISE

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments

8.6.SMAROL INDUSTRY 

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.GEMINNOV 

8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Product portfolio
8.7.5.Key strategic moves and developments

8.8.HALI INDUSTRIAL 

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.R&D expenditure
8.8.7.Business performance
8.8.8.Key strategic moves and developments

8.9.KOLORJET 

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.R&D expenditure
8.9.7.Business performance
8.9.8.Key strategic moves and developments

8.10.KOLORTEK 

8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.REVERSIBLE THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.IRREVERSIBLE THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.THERMOCHROMIC MATERIALS & THERMOCHROMIC MATERIALS COMPOUNDS CONTENT (%) IN RAW MATERIAL
TABLE 05.THERMOCHROMIC MATERIALS CONTENT, BY REVERSIBLE OIL (%)
TABLE 06.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 07.GLOBAL PACKAGING MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL PRINTING AND COATING MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 09.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 10.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY COSMETIC END-USE INDUSTRY, 2019–2027 ($MILLION)
TABLE 11.LEUCO DYES THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.LIQUID CRYSTAL THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 13.OTHERS THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 14.THERMOCHROMIC MATERIALS MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 15.NORTH AMERICA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 16.NORTH AMERICA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 17.NORTH AMERICA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 18.NORTH AMERICA THERMOCHROMIC MATERIALS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 19.U.S. THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 20.U.S. THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 21.U.S. THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 22.CANADA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 23.CANADA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 24.CANADA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 25.MEXICO THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 26.MEXICO THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 27.MEXICO THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 28.EUROPE THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 29.EUROPE THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 30.EUROPE THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 31.EUROPE THERMOCHROMIC MATERIALS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 32.GERMANY THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 33.GERMANY THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 34.GERMANY THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 35.FRANCE THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 36.FRANCE THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 37.FRANCE THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 38.SPAIN THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 39.SPAIN THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 40.SPAIN THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 41.ITALY THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 42.ITALY THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 43.ITALY THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 44.UK THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 45.UK THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 46.UK THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 47.REST OF EUROPE THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 48.REST OF EUROPE THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 49.REST OF EUROPE THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 50.ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 51.ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 52.ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 53.ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 54.CHINA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 55.CHINA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 56.CHINA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 57.JAPAN THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 58.JAPAN THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 59.JAPAN THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 60.INDIA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 61.INDIA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 62.INDIA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 63.SOUTH KOREA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 64.SOUTH KOREA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 65.SOUTH KOREA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 66.AUSTRALIA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 67.AUSTRALIA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 68.AUSTRALIA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 72.LAMEA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 73.LAMEA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 74.LAMEA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 75.LAMEA THERMOCHROMIC MATERIALS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 76.BRAZIL THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 77.BRAZIL THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 78.BRAZIL THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 79.SAUDI ARABIA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 80.SAUDI ARABIA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 81.SAUDI ARABIA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 82.SOUTH AFRICA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 83.SOUTH AFRICA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 84.SOUTH AFRICA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 85.REST OF LAMEA THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 86.REST OF LAMEA THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 87.REST OF LAMEA THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019-2027 ($MILLION)
TABLE 88.OLIKROM: KEY EXECUTIVES
TABLE 89.OLIKROM: COMPANY SNAPSHOT
TABLE 90.OLIKROM: OPERATING SEGMENTS
TABLE 91.OLIKROM: PRODUCT PORTFOLIO
TABLE 92.OLIKROM: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 93.OLIKROM: NET SALES, 2017–2019 ($MILLION)
TABLE 94.LCR HALLCREST: KEY EXECUTIVES
TABLE 95.LCR HALLCREST: COMPANY SNAPSHOT
TABLE 96.LCR HALLCREST: OPERATING SEGMENTS
TABLE 97.LCR HALLCREST: PRODUCT PORTFOLIO
TABLE 98.LCR HALLCREST: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 99.LCR HALLCREST: NET SALES, 2018–2020 ($MILLION)
TABLE 100.CHROMATIC TECHNOLOGIES: KEY EXECUTIVES
TABLE 101.CHROMATIC TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 102.CHROMATIC TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 103.MITSUI INTERNATIONAL COMPANY. KEY EXECUTIVES
TABLE 104.MITSUI INTERNATIONAL COMPANY: COMPANY SNAPSHOT
TABLE 105.MITSUI INTERNATIONAL COMPANY: OPERATING SEGMENTS
TABLE 106.MITSUI INTERNATIONAL COMPANY: PRODUCT PORTFOLIO
TABLE 107.MITSUI INTERNATIONAL COMPANY: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 108.MITSUI INTERNATIONAL COMPANY: NET SALES, 2017–2019 ($MILLION)
TABLE 109.NEW PRISEMATIC ENTERPRISE: KEY EXECUTIVES
TABLE 110.NEW PRISEMATIC ENTERPRISE: COMPANY SNAPSHOT
TABLE 111.NEW PRISEMATIC ENTERPRISE: OPERATING SEGMENTS
TABLE 112.NEW PRISEMATIC ENTERPRISE: PRODUCT PORTFOLIO
TABLE 113.NEW PRISEMATIC ENTERPRISE: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 114.NEW PRISEMATIC ENTERPRISE: NET SALES, 2017–2019 ($MILLION)
TABLE 115.EVONIK INDSUTRIES: KEY EXECUTIVES
TABLE 116.SMAROL INDUSTRY: COMPANY SNAPSHOT
TABLE 117.SMAROL INDUSTRY: OPERATING SEGMENTS
TABLE 118.SMAROL INDUSTRY: PRODUCT PORTFOLIO
TABLE 119.SMAROL INDUSTRY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 120.SMAROL INDUSTRY: NET SALES, 2018–2020 ($MILLION)
TABLE 121.GEMINNOV: KEY EXECUTIVES
TABLE 122.GEMINNOV: COMPANY SNAPSHOT
TABLE 123.GEMINNOV: PRODUCT PORTFOLIO
TABLE 124.HALI INDUSTRIAL: KEY EXECUTIVES
TABLE 125.HALI INDUSTRIAL: COMPANY SNAPSHOT
TABLE 126.HALI INDUSTRIAL: OPERATING SEGMENTS
TABLE 127.HALI INDUSTRIAL: PRODUCT PORTFOLIO
TABLE 128.HALI INDUSTRIAL: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 129.HALI INDUSTRIAL: NET SALES, 2017–2019 ($MILLION)
TABLE 130.KOLORJET: KEY EXECUTIVES
TABLE 131.KOLORJET: COMPANY SNAPSHOT
TABLE 132.KOLORJET: OPERATING SEGMENTS
TABLE 133.KOLORJET: PRODUCT PORTFOLIO
TABLE 134.KOLORJET: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 135.KOLORJET: NET SALES, 2018–2020 ($MILLION)
TABLE 136.KOLORTEK: KEY EXECUTIVES
TABLE 137.KOLORTEK: COMPANY SNAPSHOT
TABLE 138.KOLORTEK: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTS
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 06.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 07.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 08.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 09.MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.LOW THREAT OF SUBSTITUTES
FIGURE 11.MODERATE THREAT OF NEW ENTRANTS
FIGURE 12.MODERATE INTENSITY OF RIVALRY
FIGURE 13.MARKET PLAYER POSITIONING, 2018
FIGURE 14.THERMOCHROMIC MATERIALS MARKET DYNAMICS
FIGURE 15.VALUE CHAIN ANALYSIS
FIGURE 16.PATENT ANALYSIS, BY REGION
FIGURE 17.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 18.COMPARATIVE ANALYSIS OF REVERSIBLE THERMOCHROMIC MATERIALS MARKET, 2019–2027 ($MILILION)
FIGURE 19.COMPARATIVE ANALYSIS OF IRREVERSIBLE THERMOCHROMIC MATERIALS MARKET, 2019–2027 ($MILILION)
FIGURE 20.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY MATERIAL, 2019–2027 ($MILILION)
FIGURE 21.COMPARATIVE ANALYSIS OF GLOBAL PACKAGING MARKET, 2019–2027 ($MILILION)
FIGURE 22.COMPARATIVE ANALYSIS OF GLOBAL PRINTING AND COATING MARKET, 2019–2027 ($MILILION)
FIGURE 23.GLOBAL THERMOCHROMIC MATERIALS MARKET, BY END-USE INDUSTRY, 2019–2027 ($MILILION)
FIGURE 24.COMPARATIVE ANALYSIS OF LEUCO DYES THERMOCHROMIC MATERIALS MARKET, 2019–2027 ($MILILION)
FIGURE 25.COMPARATIVE ANALYSIS OF LIQUID CRYSTAL THERMOCHROMIC MATERIALS MARKET, 2019–2027 ($MILILION)
FIGURE 26.COMPARATIVE ANALYSIS OF OTHERS THERMOCHROMIC MATERIALS MARKET, 2019–2027 ($MILILION)
FIGURE 27.U.S. THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 28.CANADA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 29.MEXICO THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.GERMANY THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.FRANCE THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.SPAIN THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.ITALY THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.UK THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.REST OF EUROPE THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.CHINA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.JAPAN THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.INDIA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.SOUTH KOREA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.AUSTRALIA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42.BRAZIL THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43.SAUDI ARABIA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44.SOUTH AFRICA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 45.REST OF LAMEA THERMOCHROMIC MATERIALS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 46.OLIKROM: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 47.OLIKROM: NET SALES, 2017–2019 ($MILLION)
FIGURE 48.OLIKROM: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 49.OLIKROM: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 50.LCR HALLCREST: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 51.ASHLAN INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 52.LCR HALLCREST: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.LCR HALLCREST: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.MITSUI INTERNATIONAL COMPANY : R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 55.MITSUI INTERNATIONAL COMPANY : NET SALES, 2017–2019 ($MILLION)
FIGURE 56.MITSUI INTERNATIONAL COMPANY : REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 57.MITSUI INTERNATIONAL COMPANY : REVENUE SHARE BY REGION, 2019 (%)
FIGURE 58.NEW PRISEMATIC ENTERPRISE: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 59.NEW PRISEMATIC ENTERPRISE: NET SALES, 2017–2019 ($MILLION)
FIGURE 60.NEW PRISEMATIC ENTERPRISE: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 61.NEW PRISEMATIC ENTERPRISE: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 62.SMAROL INDUSTRY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.SMAROL INDUSTRY: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.EVONIK INSUDTRIES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.SMAROL INDUSTRY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.HALI INDUSTRIAL : R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 67.HALI INDUSTRIAL : NET SALES, 2017–2019 ($MILLION)
FIGURE 68.HALI INDUSTRIAL : REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 69.HALI INDUSTRIAL : REVENUE SHARE BY REGION, 2019 (%)
FIGURE 70.KOLORJET : R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 71.KOLORJET : NET SALES, 2018–2020 ($MILLION)
FIGURE 72.KOLORJET : REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.KOLORJET : REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the CXOs, the thermochromic material market has registered a dynamic growth over the past few years, owing to drastic growth in textile, construction and packaging & printing in developing countries such as India, China, Japan, and others. In addition, thermochromic material is an eco-friendly material since, it absorbs UV energy from conventional lighting or sunlight and releasing this over time in the form of “glow in the dark” light. Moreover, thermochromic material is also used as dye mixture in industries and also used as pigment or paint in construction industry. Furthermore, according to some CXOs, with increase in construction activities, the thermochromic material is expected to grow in emerging economies, which in turn is expected to boost the global thermochromic material market. In addition, factors contributing toward global thermochromic material market growth are increase in textile and packaging & printing in emerging economies such as India, China, and many others.

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A. The increasing focus on determine the temperature variation and also used as temperature indicators in chemical reaction and apparatus is driving the market.

A. The key trends for the market are advancement in medical and chemical technologies is the key trend for global thermochromic materials market

A. The market players are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products which are expected to drive the market size.

A. Asia Pacific region will provide more business opportunities for Thermochromic Materials market in coming years

A. Irreversible Type segment holds the maximum share of the Thermochromic Materials market

A. OliKrom (France), LCR Hallcrest (US), Chromx`atic Technologies (CTI) (US), Matsui International Company (US), New Prisematic Enterprise (Taiwan), Smarol Industry (China), GEMINNOV (France), Hali Industrial (China), Kolorjet (India), and Kolortek (China) are the top players in Thermochromic Materials market.

A. Paper and Packaging manufactuers are the potential customers of Thermochromic Materials industry

A. The global Thermochromic Materials market was valued at $1.3 bn Billion in 2030

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