Thermochromic Materials Market
Thermochromic Materials Market Analysis, By Type (Irreversible, Reversible Thermochromic Materials), By End Use (Printing & Coatings, Packaging, Medical, Textiles) & By Region - Global Market Insights 2022-2032
Analysis of Thermochromic Materials market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Thermochromic Materials Market Outlook (2022-2032)
The worldwide consumption of thermochromic materials is currently valued at US$ 1.73 billion, and the market is forecast to climb to a valuation of US$ 4.57 billion by 2032, expanding a high CAGR of 10.2%.
The global thermochromic materials market is poised to generate an absolute dollar opportunity worth US$ 2.84 billion from 2022 to 2032 on the back of increased application in several end-use industries, along with these thermochromic materials replacing thermos-sensors and thermometers.
Report Attributes |
Details |
Thermochromic Materials Market Size (2021A) |
US$ 1.6 Billion |
Estimated Market Value (2022E) |
US$ 1.73 Billion |
Forecasted Market Value (2032F) |
US$ 4.57 Billion |
Global Market Growth Rate (2022-2032) |
10.2% CAGR |
North America Market Share (2021) |
~26.7% |
North America Growth Rate (2022-2032) |
~9.6% CAGR |
U.S. Growth Rate (2022-2032) |
~9.6% CAGR |
Market Share of Top 5 Companies |
~18% |
Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
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Consumption Analysis of Thermochromic Materials (2017-2021) Vs. Market Outlook (2022-2032)
Thermochromic materials are majorly used as temperature indicators in several industrial sectors, which helps in determining temperature variation and reaction heat in chemical reactions, and also to measure the distribution of temperature of chemical heating apparatus such as heat exchangers, reactors, etc., coupled with indicating temperature variation in containers for chemicals, storage vaults, and dangerous goods.
For instance, in the feeding process, adding plastic extruders and thermochromic materials can be of some help in judging the feeding temperature and fulfilling processing requirements.
Also, a wide range of temperature-sensitive paints can easily be applied for indication, monitoring, and warning of temperature for industrial production.
These materials are also being used in food packaging products, boding well for on-the-go food packaging manufacturers.
- Short Term (2022 Q2 to 2025): Thermochromic materials replacing thermometers and thermos-sensors are likely to support demand growth in the short term in the market
- Medium Term (2025-2028): In the medium term, sales are anticipated to grow in South Asia & Oceania on the back of rising demand for packaged products along with increasing infrastructural activities
- Long Term (2028-2032): In the long term, the market is set to experience moderate-to-high growth because of the enhanced application of thermochromic materials in the end-use industries of packaging, printing, coatings, etc.
Fact.MR projects the thermochromic materials market to exhibit growth at 10.2% CAGR between 2022 and 2032 as compared to the CAGR of 8.5% that was recorded from 2017 to 2021.
This graphic portrays market share analysis of type, end use, and region in a nutshell. Under the type segment, irreversible thermochromic materials dominated the market by holding a 52.9% share in 2021.
Why is Consumption of Thermochromic Materials Rising Rapidly?
“Thermochromic Materials Quickly Replacing Thermo-sensors & Thermometers”
Thermochromic coatings are replacing thermos-sensors and thermometers in several industries. Thermo-sensors and thermometers are getting replaced to map temperature in an environment where it is impossible to insert electrical wiring.
In defense and aerospace industries, these coatings are used to map the temperature gradient of an operating engine, fueling thermochromic materials market growth by 1.2X over the assessment period.
Other fields call for the use of these materials to act without electricity, for the storage of sensitive materials for industrial maintenance. Also, they are used for entertainment applications; for instance, erasable ink, which changes color and becomes transparent. It is used to decorate hair and nails, and also fun objects such as mugs, coffee cups, etc.
“Packaging & Textile Sectors Account for High Thermochromic Material Demand”
The use of thermochromic materials is anticipated to rise with enhanced application in the packaging and textile sectors. They are being used to simplify the detection of instances of security breaches in the labeling and packaging of goods.
There is rising evolution of chemical heating apparatus coatings, such as heat exchangers with thermochromic material-based paints. This is done to indicate the temperature of chemical reactions and stored chemical goods.
What’s Hampering Thermochromic Materials Market Growth?
“High Price of Thermochromic Material Coupled with Certain Disadvantageous Properties”
Thermochromic materials have the disadvantage of being highly-priced and having low color density. Other major pitfalls often witnessed are sensitivity to ultraviolet, limited thermal resistance, low coloring power, toxicity of certain elements components, and loss of properties during the formulation or industrial process.
These are the main factors that will hamper thermochromic materials market demand by 0.5X during the forecast years of 2022-2032.
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Region-wise Insights
Which Regional Thermochromic Materials Market Accounts for Highest Demand?
“Global Thermochromic Materials Market Led by North America & Europe”
The North America thermochromic materials market accounts for the largest market share of 26.7%. The North American market is projected to witness a 9.6% CAGR during the forecast years.
The Europe thermochromic materials market holds a 24.4% market share and is projected to register a 11% CAGR, which is higher than any other region during the assessment period.
Market growth in these regions is attributed to factors such as demand for thermochromic materials from multiple end-use industries such as printing and coatings, packaging, etc., which are growing rapidly and contributing to high demand growth.
What is the Market Scenario for Thermochromic Materials in Asia Pacific?
“Rising Infrastructural Activities & Surging Demand for Packaged Products Driving Regional Market Expansion”
The Asia Pacific thermochromic materials market, comprising the East Asia and South Asia & Oceania thermochromic materials market, together holds 37% of the overall market share.
The East Asia thermochromic materials market and South Asia & Oceania market are expected to expand at 9.9% and 10.5% CAGRs, respectively, during the study period of 2022-2032.
The rise in infrastructural activities and escalating demand for packaged pharma blister packaging products, are anticipated to propel the consumption of thermochromic materials in these regions over the coming years.
Category-wise Insights
Which Thermochromic Material Type Will Bring in Higher Revenue Growth?
“Irreversible Thermochromic Materials Witnessing High Demand Growth”
The thermochromic materials market under type is segmented into irreversible and reversible thermochromic materials. Irreversible thermochromic materials hold a high market share of 52.9%.
However, both segments are projected to register high demand growth at 10.5% and 9.9% CAGRs, respectively, during the forecast years. Owing to irreversible thermochromic materials being extensively used in textile, medical, packaging, security ink, and other coating applications as they change appearance when exposed to diverse temperatures and the color remains unchanged upon reaching the activation temperature, the segment is set to see high demand growth going forward. This segment is also witnessing an increase owing to the enhanced application of these materials in medical uses.
Where are Thermochromic Materials Most Used?
“High Irreversible Thermochromic Material Usage in Printing & Coating Applications”
Under end use, the thermochromic materials market is segmented into printing and coatings, packaging, medical, textiles, and other end uses.
Amongst them, printing and coatings dominate the market by holding a 31.3% market share, and the segment is projected to surge at 11.1% CAGR during the assessment period. This end-use is a fast-growing industry for thermochromic materials because of the significant demand escalation in thermal paper for POS systems. Its usage is gaining momentum for interactive packaging, thereby encouraging consumers to use the product.
The next leading segments are packaging and medical, which hold 27.5% and 21.7% market shares, respectively, and are predicted to register 11.1% and 9.6% CAGRs during the forecast period.
These segments are likely to witness tremendous growth opportunities owing to technological advancements and innovations in security and defense equipment such as helmets, aircraft, vehicles, body armors, etc.
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Competitive Landscape: Top Companies in Thermochromic Materials Market
Manufacturers are focusing on incorporating innovation and product modernization. They are also introducing reversible thermochromic materials, which are a combination of color developers, leuco dyes, and melt materials, and are microencapsulated by being blended.
Key market players are focusing on product development, such as using them in sports and cosmetics as a strategic approach to gain an edge over their competitors, and thereby widen their consumer base and enhance their revenues.
For instance :
- OliKrom, in 2022, partnered with the GRTgaz Group to develop a coating, allowing operators to detect the beginning of corrosion on overhead pipes via changes in luminescence and color and is likely to launch new disruptive products in the luxury, cosmetics, and industrial sectors in 2022
- LCR Hallcrest worked as a technology partner with PPG in 2019, aiding in the development of NHL hockey pucks. This color-changing thermochromic coating will change its color from purple to clear, allowing for the replacement of pucks.
Fact.MR has provided detailed information about the price points of key manufacturers in the thermochromic materials market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Thermochromic Materials Industry Research by Category
-
By Type :
- Irreversible Thermochromic Materials
- Reversible Thermochromic Materials
-
By End Use :
- Printing and Coatings
- Packaging
- Medical
- Textiles
- Other End Uses
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania Market
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Market Background 4.1. Global Thermochromic Materials Market Overview 4.2. Thermochromic Materials Production Capacity 4.3. Actual Production and Demand-Supply Gap Analysis 4.4. Scenario Forecast 4.4.1. Demand in Optimistic Scenario 4.4.2. Demand in Likely Scenario 4.4.3. Demand in Conservative Scenario 4.5. Macro-Economic Factors 4.6. Forecast Factors-Relevance & Impact 4.7. Opportunity Assessment 4.7.1. Total Available Market 4.7.2. Service Addressable Market 4.7.3. Service Obtainable Market 4.8. Market Dynamics 4.8.1. Drivers 4.8.2. Restraints 4.8.3. Opportunity 4.8.4. Trends 4.9. Investment Feasibility Matrix 4.10. PESTLE and Porter’s Analysis 5. Value Chain Analysis 5.1. Operating Margins (at each node of value chain) 5.2. Key Manufacturers / Processors 5.3. Key Product Manufacturers (finished product) 5.4. End-Use 6. Global Thermochromic Materials Market Volume 2017-2021 Analysis and Forecast, 2022-2032 6.1. Historical Market Volume (Tons) Analysis, 2017-2021 6.2. Current and Future Market Volume (Tons) Projections, 2022-2032 6.3. Y-o-Y Growth Trend Analysis 7. Global Thermochromic Materials Market - Pricing Analysis 7.1. Regional Pricing Analysis (USD/Ton) By Type, 2022 7.2. Pricing Break-up 7.3. Global Average Pricing Analysis Benchmark 8. Global Thermochromic Materials Market Value 2017-2021 Analysis and Forecast, 2022-2032 8.1. Historical Market Value (USD Million) Analysis, 2017-2021 8.2. Current and Future Market Value (USD Million) Projections, 2022-2032 8.3. Y-o-Y Growth Trend Analysis 9. Global Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032, By Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (USD Million) and Volume (Tons) Analysis By Type, 2017-2021 9.3. Current and Future Market Size (USD Million) and Volume (Tons) Analysis and Forecast By Type, 2022-2032 9.3.1. Irreversible Thermochromic Materials 9.3.2. Reversible Thermochromic Materials 9.4. Market Attractiveness Analysis By Type 10. Global Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032, By End-Use 10.1. Introduction / Key Findings 10.2. Historical Market Size (USD Million) and Volume (Tons) Analysis By End-Use, 2017-2021 10.3. Current and Future Market Size (USD Million) and Volume (Tons) Analysis and Forecast By End-Use, 2022-2032 10.3.1. Printing & Coating 10.3.2. Packaging 10.3.3. Medical 10.3.4. Textile 10.3.5. Other End-Uses 10.4. Market Attractiveness Analysis By End-Use 11. Global Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032, By Region 11.1. Introduction / Key Findings 11.2. Historical Market Size (USD Million) and Volume (Tons) Analysis By Region, 2017-2021 11.3. Current and Future Market Size (USD Million) and Volume (Tons) Analysis and Forecast By Region, 2022-2032 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. East Asia 11.3.5. South Asia & Oceania 11.3.6. Middle East and Africa (MEA) 11.4. Market Attractiveness Analysis By Region 12. North America Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 12.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. U.S. 12.2.1.2. Canada 12.2.2. By Type 12.2.3. By End-Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By End-Use 12.4. Key Takeaways 13. Latin America Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 13.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. Brazil 13.2.1.2. Mexico 13.2.1.3. Argentina 13.2.1.4. Chile 13.2.1.5. Peru 13.2.1.6. Rest of Latin America 13.2.2. By Type 13.2.3. By End-Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Type 13.3.3. By End-Use 13.4. Key Takeaways 14. Europe Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 14.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. Germany 14.2.1.2. Italy 14.2.1.3. France 14.2.1.4. U.K. 14.2.1.5. Spain 14.2.1.6. Russia 14.2.1.7. BENELUX 14.2.1.8. Rest of Europe 14.2.2. By Type 14.2.3. By End-Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Type 14.3.3. By End-Use 14.4. Key Takeaways 15. East Asia Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 15.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 15.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 15.2.1. By Country 15.2.1.1. China 15.2.1.2. Japan 15.2.1.3. South Korea 15.2.2. By Type 15.2.3. By End-Use 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Type 15.3.3. By End-Use 15.4. Key Takeaways 16. South Asia & Oceania Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 16.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 16.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 16.2.1. By Country 16.2.1.1. India 16.2.1.2. Thailand 16.2.1.3. Indonesia 16.2.1.4. Malaysia 16.2.1.5. Australia 16.2.1.6. New Zealand 16.2.1.7. Rest of South Asia & Oceania 16.2.2. By Type 16.2.3. By End-Use 16.3. Market Attractiveness Analysis 16.3.1. By Country 16.3.2. By Type 16.3.3. By End-Use 16.4. Key Takeaways 17. Middle East and Africa (MEA) Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 17.1. Historical Market Size (USD Million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021 17.2. Market Size (USD Million) and Volume (Tons) Forecast By Market Taxonomy, 2022-2032 17.2.1. By Country 17.2.1.1. GCC Countries 17.2.1.2. South Africa 17.2.1.3. Turkey 17.2.1.4. Rest of Middle East and Africa 17.2.2. By Type 17.2.3. By End-Use 17.3. Market Attractiveness Analysis 17.3.1. By Country 17.3.2. By Type 17.3.3. By End-Use 17.4. Key Takeaways 18. Key Countries Thermochromic Materials Market 2017-2021 Analysis and Forecast 2022-2032 18.1. U.S. Thermochromic Materials Market Analysis 18.1.1. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.1.1. By Type 18.1.1.2. By End-Use 18.2. Canada Thermochromic Materials Market Analysis 18.1.2. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.2.1. By Type 18.1.2.2. By End-Use 18.3. Brazil Thermochromic Materials Market Analysis 18.1.3. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.3.1. By Type 18.1.3.2. By End-Use 18.4. Mexico Thermochromic Materials Market Analysis 18.1.4. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.4.1. By Type 18.1.4.2. By End-Use 18.5. Chile Thermochromic Materials Market Analysis 18.1.5. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.5.1. By Type 18.1.5.2. By End-Use 18.6. Peru Thermochromic Materials Market Analysis 18.1.6. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.6.1. By Type 18.1.6.2. By End-Use 18.7. Argentina Thermochromic Materials Market Analysis 18.1.7. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.7.1. By Type 18.1.7.2. By End-Use 18.8. Rest of Latin America Thermochromic Materials Market Analysis 18.1.8. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.8.1. By Type 18.1.8.2. By End-Use 18.9. Germany Thermochromic Materials Market Analysis 18.1.9. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.9.1. By Type 18.1.9.2. By End-Use 18.10. Italy Thermochromic Materials Market Analysis 18.1.10. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.10.1. By Type 18.1.10.2. By End-Use 18.11. Russia Thermochromic Materials Market Analysis 18.1.11. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.11.1. By Type 18.1.11.2. By End-Use 18.12. BENELUX Thermochromic Materials Market Analysis 18.1.12. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.12.1. By Type 18.1.12.2. By End-Use 18.13. UK Thermochromic Materials Market Analysis 18.1.13. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.13.1. By Type 18.1.13.2. By End-Use 18.14. France Thermochromic Materials Market Analysis 18.1.14. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.14.1. By Type 18.1.14.2. By End-Use 18.15. Spain Thermochromic Materials Market Analysis 18.1.15. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.15.1. By Type 18.1.15.2. By End-Use 18.16. Nordic Thermochromic Materials Market Analysis 18.1.16. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.16.1. By Type 18.1.16.2. By End-Use 18.17. Rest Of Europe Thermochromic Materials Market Analysis 18.1.17. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.17.1. By Type 18.1.17.2. By End-Use 18.18. China Thermochromic Materials Market Analysis 18.1.18. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.18.1. By Type 18.1.18.2. By End-Use 18.19. Japan Thermochromic Materials Market Analysis 18.1.19. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.19.1. By Type 18.1.19.2. By End-Use 18.20. South Korea Thermochromic Materials Market Analysis 18.1.20. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.20.1. By Type 18.1.20.2. By End-Use 18.21. Malaysia Thermochromic Materials Market Analysis 18.1.21. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.21.1. By Type 18.1.21.2. By End-Use 18.22. India Thermochromic Materials Market Analysis 18.1.22. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.22.1. By Type 18.1.22.2. By End-Use 18.23. Thailand Thermochromic Materials Market Analysis 18.1.23. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.23.1. By Type 18.1.23.2. By End-Use 18.24. Indonesia Thermochromic Materials Market Analysis 18.1.24. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.24.1. By Type 18.1.24.2. By End-Use 18.25. Rest of South Asia & Oceania Thermochromic Materials Market Analysis 18.1.25. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.25.1. By Type 18.1.25.2. By End-Use 18.26. Australia Thermochromic Materials Market Analysis 18.1.26. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.26.1. By Type 18.1.26.2. By End-Use 18.27. New Zealand Thermochromic Materials Market Analysis 18.1.27. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.27.1. By Type 18.1.27.2. By End-Use 18.28. GCC Countries Thermochromic Materials Market Analysis 18.1.28. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.28.1. By Type 18.1.28.2. By End-Use 18.29. South Africa Thermochromic Materials Market Analysis 18.1.29. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.29.1. By Type 18.1.29.2. By End-Use 18.30. Northern Africa Thermochromic Materials Market Analysis 18.1.30. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.30.1. By Type 18.1.30.2. By End-Use 18.31. Turkey Thermochromic Materials Market Analysis 18.1.31. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.31.1. By Type 18.1.31.2. By End-Use 18.32. Rest Of Middle East & Africa Thermochromic Materials Market Analysis 18.1.32. Market Value (USD Million) and Volume (Tons) Analysis and Forecast by Market Taxonomy 18.1.32.1. By Type 18.1.32.2. By End-Use 19. Market Structure Analysis 19.1. Competition Dashboard 19.2. Competition Benchmarking 19.3. Market Share Analysis of Top Players 19.3.1. By Regional 19.3.2. By Type 19.3.3. By End-Use 20. Competition Analysis 20.1. Competition Deep Dive 20.1.1. OliKrom 20.1.1.1. Overview 20.1.1.2. Product Portfolio 20.1.1.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.1.4. Sales Footprint 20.1.1.5. Strategy Overview 20.1.1.5.1. Marketing Strategy 20.1.1.5.2. Product Strategy 20.1.1.5.3. Channel Strategy 20.1.2. LCR Hallcrest, LLC 20.1.2.1. Overview 20.1.2.2. Product Portfolio 20.1.2.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.2.4. Sales Footprint 20.1.2.5. Strategy Overview 20.1.2.5.1. Marketing Strategy 20.1.2.5.2. Product Strategy 20.1.2.5.3. Channel Strategy 20.1.3. Chromatic Technologies Inc. 20.1.3.1. Overview 20.1.3.2. Product Portfolio 20.1.3.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.3.4. Sales Footprint 20.1.3.5. Strategy Overview 20.1.3.5.1. Marketing Strategy 20.1.3.5.2. Product Strategy 20.1.3.5.3. Channel Strategy 20.1.4. Matsui International, LLC 20.1.4.1. Overview 20.1.4.2. Product Portfolio 20.1.4.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.4.4. Sales Footprint 20.1.4.5. Strategy Overview 20.1.4.5.1. Marketing Strategy 20.1.4.5.2. Product Strategy 20.1.4.5.3. Channel Strategy 20.1.5. New Prisematic Enterprise Co. Ltd. 20.1.5.1. Overview 20.1.5.2. Product Portfolio 20.1.5.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.5.4. Sales Footprint 20.1.5.5. Strategy Overview 20.1.5.5.1. Marketing Strategy 20.1.5.5.2. Product Strategy 20.1.5.5.3. Channel Strategy 20.1.6. Smarol Industries Co. Ltd. 20.1.6.1. Overview 20.1.6.2. Product Portfolio 20.1.6.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.6.4. Sales Footprint 20.1.6.5. Strategy Overview 20.1.6.5.1. Marketing Strategy 20.1.6.5.2. Product Strategy 20.1.6.5.3. Channel Strategy 20.1.7. Gem'Innov 20.1.7.1. Overview 20.1.7.2. Product Portfolio 20.1.7.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.7.4. Sales Footprint 20.1.7.5. Strategy Overview 20.1.7.5.1. Marketing Strategy 20.1.7.5.2. Product Strategy 20.1.7.5.3. Channel Strategy 20.1.8. Hali Pigment Co. Ltd. 20.1.8.1. Overview 20.1.8.2. Product Portfolio 20.1.8.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.8.4. Sales Footprint 20.1.8.5. Strategy Overview 20.1.8.5.1. Marketing Strategy 20.1.8.5.2. Product Strategy 20.1.8.5.3. Channel Strategy 20.1.9. Kolorject Chemicals Pvt. Ltd 20.1.9.1. Overview 20.1.9.2. Product Portfolio 20.1.9.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.9.4. Sales Footprint 20.1.9.5. Strategy Overview 20.1.9.5.1. Marketing Strategy 20.1.9.5.2. Product Strategy 20.1.9.5.3. Channel Strategy 20.1.10. Kolortek Co. Ltd. 20.1.10.1. Overview 20.1.10.2. Product Portfolio 20.1.10.3. Profitability by Market Segments (Product/Age /Sales Channel/Region) 20.1.10.4. Sales Footprint 20.1.10.5. Strategy Overview 20.1.10.5.1. Marketing Strategy 20.1.10.5.2. Product Strategy 20.1.10.5.3. Channel Strategy 21. Assumptions & Acronyms Used 22. Research Methodology
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List Of Table
Table 01. Global Thermochromic Materials Market Value (USD Million) and Forecast by Region, 2017-2021
Table 02. Global Thermochromic Materials Market Value (USD Million) and Forecast by Region, 2022-2032
Table 03. Global Thermochromic Materials Market Volume (Tons) and Forecast by Region, 2017-2021
Table 04. Global Thermochromic Materials Market Volume (Tons) and Forecast by Region, 2022-2032
Table 05. Global Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 06. Global Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 07. Global Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 08. Global Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 09. Global Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 10. Global Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 11. Global Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 12. Global Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 13. North America Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 14. North America Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 15. North America Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 16. North America Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 17. North America Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 18. North America Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 19. North America Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 20. North America Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 21. North America Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 22. North America Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 23. North America Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 24. North America Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 25. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 26. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 27. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 28. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 29. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 30. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 31. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 32. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 33. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 34. Latin America Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 35. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 36. Latin America Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 37. Europe Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 38. Europe Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 39. Europe Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 40. Europe Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 41. Europe Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 42. Europe Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 43. Europe Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 44. Europe Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 45. Europe Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 46. Europe Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 47. Europe Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 48. Europe Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 49. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 50. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 51. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 52. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 53. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 54. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 55. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 56. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 57. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 58. East Asia Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 59. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 60. East Asia Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 61. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 62. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 63. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 64. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 65. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 66. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 67. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 68. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 69. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 70. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 71. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 72. South Asia & Oceania Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 73. MEA Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2017-2021
Table 74. MEA Thermochromic Materials Market Value (USD Million) and Forecast by Country, 2022-2032
Table 75. MEA Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2017-2021
Table 76. MEA Thermochromic Materials Market Volume (Tons) and Forecast by Country, 2022-2032
Table 77. MEA Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2017-2021
Table 78. MEA Thermochromic Materials Market Value (USD Million) and Forecast by Type, 2022-2032
Table 79. MEA Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2017-2021
Table 80. MEA Thermochromic Materials Market Volume (Tons) and Forecast by Type, 2022-2032
Table 81. MEA Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2017-2021
Table 82. MEA Thermochromic Materials Market Value (USD Million) and Forecast by End-Use, 2022-2032
Table 83. MEA Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2017-2021
Table 84. MEA Thermochromic Materials Market Volume (Tons) and Forecast by End-Use, 2022-2032
Table 85. United States Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 86. United States Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 87. Canada Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 88. Canada Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 89. Germany Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 90. Germany Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 91. France Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 92. France Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 93. India Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 94. India Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 95. China Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 96. China Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
Table 97. GCC Countries Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by Type, 2022-2032
Table 98. GCC Countries Thermochromic Materials Market Value (USD Million) and Volume (Tons) and Forecast by End-Use, 2022-2032
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List Of Figures
Figure 01. Global Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 02. Global Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 03. Global Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Region, 2022 & 2032
Figure 04. Global Thermochromic Materials Market Y-o-Y Growth Rate by Region, 2022-2032
Figure 05. Global Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 06. Global Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 07. Global Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 08. Global Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 09. North America Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 10. North America Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 11. North America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 12. North America Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 13. North America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 14. North America Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 15. North America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 16. North America Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 17. North America Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 18. North America Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 19. North America Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 20. Latin America Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 21. Latin America Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 22. Latin America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 23. Latin America Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 24. Latin America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 25. Latin America Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 26. Latin America Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 27. Latin America Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 28. Latin America Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 29. Latin America Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 30. Latin America Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 31. Europe Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 32. Europe Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 33. Europe Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 34. Europe Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 35. Europe Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 36. Europe Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 37. Europe Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 38. Europe Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 39. Europe Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 40. Europe Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 41. Europe Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 42. East Asia Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 43. East Asia Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 44. East Asia Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 45. East Asia Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 46. East Asia Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 47. East Asia Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 48. East Asia Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 49. East Asia Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 50. East Asia Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 51. East Asia Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 52. East Asia Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 53. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 54. South Asia & Oceania Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 55. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 56. South Asia & Oceania Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 57. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 58. South Asia & Oceania Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 59. South Asia & Oceania Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 60. South Asia & Oceania Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 61. South Asia & Oceania Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 62. South Asia & Oceania Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 63. South Asia & Oceania Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 64. MEA Thermochromic Materials Market Value (USD Million) and Volume (Tons) Forecast, 2022-2032
Figure 65. MEA Thermochromic Materials Market Absolute $ Opportunity (USD Million), 2022-2032
Figure 66. MEA Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Country, 2022 & 2032
Figure 67. MEA Thermochromic Materials Market Y-o-Y Growth Rate by Country, 2022-2032
Figure 68. MEA Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 69. MEA Thermochromic Materials Market Y-o-Y Growth Rate by Type, 2022-2032
Figure 70. MEA Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 71. MEA Thermochromic Materials Market Y-o-Y Growth Rate by End-Use, 2022-2032
Figure 72. MEA Thermochromic Materials Market Attractiveness Analysis by Country, 2022-2032
Figure 73. MEA Thermochromic Materials Market Attractiveness Analysis by Type, 2022-2032
Figure 74. MEA Thermochromic Materials Market Attractiveness Analysis by End-Use, 2022-2032
Figure 75. United States Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 76. United States Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 77. Canada Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 78. Canada Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 79. Germany Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 80. Germany Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 81. France Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 82. France Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 83. India Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 84. India Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 85. China Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 86. China Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
Figure 87. GCC Countries Thermochromic Materials Market Value (USD Million) and Volume (Tons) by Type, 2022 & 2032
Figure 88. GCC Countries Thermochromic Materials Market Value (USD Million) and Volume (Tons) by End-Use, 2022 & 2032
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- FAQs -
How is the global thermochromic materials market faring?
The global thermochromic materials market is estimated to be worth US$ 1.73 billion in 2022, and climb to a market valuation of US$ 4.57 billion by the end of 2032.
At what rate did demand for thermochromic materials increase historically?
Over the 2017-2021 historical period, global consumption of thermochromic materials increased at 8.5% CAGR.
Who are the prominent manufacturers of thermochromic materials?
Some of the prominent players operating in the thermochromic materials market are Matsui International Co. Ltd., LCR Hallcrest, Chromatic Technologies, and Smarol Industries Co. Ltd., Olikrom.
Which region leads the global thermochromic materials market?
North America is the largest thermochromic materials market, accounting for 9.6% of the global market share in 2022.
Which thermochromic material type accounts for highest sales?
Irreversible thermochromic materials hold a 52.9% share in the global sales of thermochromic materials.