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

  • OliKrom
  • LCR Hallcrest, LLC
  • Chromatic Technologies Inc.
  • Matsui International, LLC
  • New Prisematic Enterprise Co. Ltd.
  • Smarol Industries Co. Ltd.
  • Gem’Innov
  • Hali Pigment Co. Ltd.
  • Kolorject Chemicals Pvt. Ltd
  • Kolortek Co. Ltd.

 

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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.

Thermochromic materials market forecast by Fact.MR

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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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.

Thermochromic Materials Market

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