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Global Thermochromic Material Market Size study, by Type (Reversible, Irreversible), by Material (Leuco Dyes, Liquid Crystals, Pigments, Others), by End use industry( Packaging, Printing & Coating, Medical, Textile, Industrial, Others)and Regional Forecasts 2021-2027

  • BIZ4650452
  • 200 Pages
  • September 2021
  • Materials and Chemicals
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Global Thermochromic Material Market is valued at approximately USD 1.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.5 % over the forecast period 2021-2027. Thermochromic materials are separated into two groups based on their uses: "Thermal" refers to heat, and "Chrome" refers to coloration. With a change in temperature, thermochromic material undergoes a reversible shift from colour to colourless. Temperature changes can be caused by a variety of factors, including UV irradiation and sunlight. Organic dyes known as leuco dyes and liquid crystals are the most common materials used to create thermochromic effects. From a supplier's perspective, the growing trend among researchers to produce goods based on thermochromic materials is primarily upscaling the market. Thermochromic materials open up a wide range of recreational and functional applications for consumers, and demand is expected to rise over the long-term forecast period. The use of thermochromic materials, which are also used as temperature indicators in their applications, is projected to grow over time. The textile and packaging sectors use thermochromic compounds extensively. The use of thermochromic materials in packaging and labelling of commodities has resulted from the necessity for easier identification of security breaches and camouflaging incidents. Furthermore, the growing popularity of OLED-based gadgets and other flexible electronics is expected to have a major impact on the worldwide thermochromic materials market. Several key players of the market are taking strategic initiatives to expand their presence in the market. For instance,

 In April 2020, Chromatic Technologies Inc. (CTI) and American Thermal Instruments (ATI) of Dayton, Ohio, have teamed together to donate free of charge new printable temperature, tampering, and authentication technology to secure all new COVID-19 medications.

 In June 2019, Olikrom created a phosphorescent paint that could be used to marking the ground. This contains pigments that collect sunlight during the day and replenish it at night without the use of electricity.

However, higher cost than that of conventional inks and colorants may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global Thermochromic Material Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Europe is the leading region across the world in terms of market share due to demand from the packaging and printing & coating end-use industries in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to presence of large population and rise in infrastructure activities across the region.

Major market player included in this report are:

OliKrom

LCR Hallcrest

Chromatic Technologies (CTI)

Matsui International Company

New Prisematic Enterprise

Smarol Industry

GEM'INNOV

Hali Industrial

Kolorjet

Kolortek

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year –2018-19

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Thermochromic Material Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Thermochromic Material Market , by Region, 2019-2027 (USD Billion)

1.2.2. Thermochromic Material Market , by Type, 2019-2027 (USD Billion)

1.2.3. Thermochromic Material Market , by Material, 2019-2027 (USD Billion)

1.2.4. Thermochromic Material Market , by End use industry, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Thermochromic Material Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Thermochromic Material Market Dynamics

3.1. Thermochromic Material Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing demand in smart packaging application

3.1.1.2. Increased demand for product differentiation and improved appearance of products

3.1.2. Market Restraint

3.1.2.1. Higher cost than that of conventional inks and colorants

3.1.3. Market Opportunities

3.1.3.1. Increasing demand in niche and newer applications

Chapter 4. Global Thermochromic Material Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Thermochromic Material Market , by Type

5.1. Market Snapshot

5.2. Global Thermochromic Material Market by Type , Performance - Potential Analysis

5.3. Global Thermochromic Material Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.4. Thermochromic Material Market , Sub Segment Analysis

5.4.1. Reversible

5.4.2. Irreversible

Chapter 6. Global Thermochromic Material Market , by Material

6.1. Market Snapshot

6.2. Global Thermochromic Material Market by Material, Performance - Potential Analysis

6.3. Global Thermochromic Material Market Estimates & Forecasts by Material 2018-2027 (USD Billion)

6.4. Thermochromic Material Market , Sub Segment Analysis

6.4.1. Leuco Dyes

6.4.2. Liquid Crystals

6.4.3. Pigments

6.4.4. Others

Chapter 7. Global Thermochromic Material Market , by End use industry

7.1. Market Snapshot

7.2. Global Thermochromic Material Market by End use industry, Performance - Potential Analysis

7.3. Global Thermochromic Material Market Estimates & Forecasts by End use industry 2018-2027 (USD Billion)

7.4. Thermochromic Material Market , Sub Segment Analysis

7.4.1. Packaging

7.4.2. Printing & Coating

7.4.3. Medical

7.4.4. Textile

7.4.5. Industrial

7.4.6. Others

Chapter 8. Global Thermochromic Material Market , Regional Analysis

8.1. Thermochromic Material Market , Regional Market Snapshot

8.2. North America Thermochromic Material Market

8.2.1. U.S. Thermochromic Material Market

8.2.1.1. Type breakdown estimates & forecasts, 2018-2027

8.2.1.2. Material breakdown estimates & forecasts, 2018-2027

8.2.1.3. End use industry breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Thermochromic Material Market

8.3. Europe Thermochromic Material Market Snapshot

8.3.1. U.K. Thermochromic Material Market

8.3.2. Germany Thermochromic Material Market

8.3.3. France Thermochromic Material Market

8.3.4. Spain Thermochromic Material Market

8.3.5. Italy Thermochromic Material Market

8.3.6. Rest of Europe Thermochromic Material Market

8.4. Asia-Pacific Thermochromic Material Market Snapshot

8.4.1. China Thermochromic Material Market

8.4.2. India Thermochromic Material Market

8.4.3. Japan Thermochromic Material Market

8.4.4. Australia Thermochromic Material Market

8.4.5. South Korea Thermochromic Material Market

8.4.6. Rest of Asia Pacific Thermochromic Material Market

8.5. Latin America Thermochromic Material Market Snapshot

8.5.1. Brazil Thermochromic Material Market

8.5.2. Mexico Thermochromic Material Market

8.6. Rest of The World Thermochromic Material Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. OliKrom

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. LCR Hallcrest

9.2.3. Chromatic Technologies (CTI)

9.2.4. Matsui International Company

9.2.5. New Prisematic Enterprise

9.2.6. Smarol Industry

9.2.7. GEM'INNOV

9.2.8. Hali Industrial

9.2.9. Kolorjet

9.2.10. Kolortek

Chapter 10. Research Material

10.1. Research Material

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Thermochromic Material Market , report scope

TABLE 2. Global Thermochromic Material Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Thermochromic Material Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 4. Global Thermochromic Material Market estimates & forecasts by Material 2018-2027 (USD Billion)

TABLE 5. Global Thermochromic Material Market estimates & forecasts by End use industry 2018-2027 (USD Billion)

TABLE 6. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Thermochromic Material Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Thermochromic Material Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. U.S. Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Canada Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Canada Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Canada Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. UK Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. UK Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. UK Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. Germany Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. Germany Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. Germany Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. France Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. France Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. France Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Spain Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Spain Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Spain Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Italy Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. Italy Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Italy Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. ROE Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. ROE Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. ROE Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. China Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. China Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. China Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. India Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. India Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. India Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Japan Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Japan Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Japan Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Australia Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 56. Australia Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Australia Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. South Korea Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 59. South Korea Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. South Korea Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. ROPAC Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 62. ROPAC Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. ROPAC Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. Brazil Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 65. Brazil Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Brazil Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Mexico Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 68. Mexico Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Mexico Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. ROLA Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 71. ROLA Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROLA Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROW Thermochromic Material Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 74. ROW Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROW Thermochromic Material Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. List of secondary Types used in the study of global Thermochromic Material Market .

TABLE 77. List of primary Types used in the study of global Thermochromic Material Market .

TABLE 78. Years considered for the study.

TABLE 79. Exchange rates considered.

 
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