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Global Thermochromic Material Market Report By Type (Reversible, Irreversible), By Material (Leuco Dyes, Liquid crystals, Pigments, Others), By End-Use Industry (Packaging, Printing & Coating, Medical, Textile, Industrial, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027
ID:VMR11216235
October 2021
Report Formats:
The global demand for Thermochromic Material Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Temperature-sensitive materials that change colour when exposed to heat are known as thermochromic materials. Charge transfer, crystalline field, chemical structure alteration, and temperature-induced events like phase transitions, decompositions are some of the methods employed to generate thermochromism. Leuco dyes or liquid crystals are often used to create thermochromic materials. Before being used in their respective applications, both liquid crystals and leuco dyes are encapsulated in microcapsules. The use of thermochromic microcapsules is fast expanding in a myriad of applications worldwide. In many industrial sectors, thermochromic materials are used primarily as temperature indicators to identify temperature and reaction temperature variations in chemical reactions. They quantify the temperature distribution of chemical heating devices, like heat exchangers and reactors, and indicate temperature variation in chemical containers and hazardous materials and storage vaults.
Market Dynamics
The demand for smart packaging and smart textile goods is fueling the market growth for thermochromic materials. Smart fabrics for fashion and home furnishings are increasingly incorporating these materials. Ski outfits, tablecloths whose colour changes when they come into contact with hot table items, chairs whose colour shows where a person has sat, and apparel with a specific theme painted on them that changes colour are examples of these applications. Thermochromic fabrics can also be employed as flexible sensors for security or camouflage purposes. Several research institutions are looking into using thermochromic materials in energy conservation, particularly as coatings for switchable glass.' This sort of glass allows heat to pass through in the winter to take advantage of passive solar heating, but it blocks it in the summer. Thermochromic inks are used on packaging products for marketing, labelling, security printing, and promotional purposes. The widespread applications of thermochromic materials across various sectors is significantly contributing to the market growth. However, in the presence of Ultra – Violet (UV) radiation, thermochromic materials are known to degrade. In addition, due to the complex production process, thermochromic materials are more expensive than regular ink. These factors might limit the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of thermochromic material. The growth and trends of thermochromic material industry provide a holistic approach to this study.
Market Segmentation
This section of the thermochromic material market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Material
By End-Use Industry
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Thermochromic Material market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Thermochromic Material Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the thermochromic material market include OliKrom (France), LCR Hallcrest (U.S.), Chromatic Technologies (CTI) (US), Matsui International Company (U.S.), New Prisematic Enterprise (Taiwan), Smarol Industry (China), GEMINNOV (France), Hali Industrial (China), Kolorjet (India), and Kolortek (China). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
Temperature-sensitive materials that change colour when exposed to heat are known as thermochromic materials. Charge transfer, crystalline field, chemical structure alteration, and temperature-induced events like phase transitions, decompositions are some of the methods employed to generate thermochromism. Leuco dyes or liquid crystals are often used to create thermochromic materials. Before being used in their respective applications, both liquid crystals and leuco dyes are encapsulated in microcapsules. The use of thermochromic microcapsules is fast expanding in a myriad of applications worldwide. In many industrial sectors, thermochromic materials are used primarily as temperature indicators to identify temperature and reaction temperature variations in chemical reactions. They quantify the temperature distribution of chemical heating devices, like heat exchangers and reactors, and indicate temperature variation in chemical containers and hazardous materials and storage vaults.
Market Dynamics
The demand for smart packaging and smart textile goods is fueling the market growth for thermochromic materials. Smart fabrics for fashion and home furnishings are increasingly incorporating these materials. Ski outfits, tablecloths whose colour changes when they come into contact with hot table items, chairs whose colour shows where a person has sat, and apparel with a specific theme painted on them that changes colour are examples of these applications. Thermochromic fabrics can also be employed as flexible sensors for security or camouflage purposes. Several research institutions are looking into using thermochromic materials in energy conservation, particularly as coatings for switchable glass.' This sort of glass allows heat to pass through in the winter to take advantage of passive solar heating, but it blocks it in the summer. Thermochromic inks are used on packaging products for marketing, labelling, security printing, and promotional purposes. The widespread applications of thermochromic materials across various sectors is significantly contributing to the market growth. However, in the presence of Ultra – Violet (UV) radiation, thermochromic materials are known to degrade. In addition, due to the complex production process, thermochromic materials are more expensive than regular ink. These factors might limit the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of thermochromic material. The growth and trends of thermochromic material industry provide a holistic approach to this study.
Market Segmentation
This section of the thermochromic material market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Reversible
- Irreversible
By Material
- Leuco Dyes
- Liquid Crystals
- Pigments
- Others
By End-Use Industry
- Packaging
- Printing & Coating
- Medical
- Textile
- Industrial
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Thermochromic Material market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Thermochromic Material Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the thermochromic material market include OliKrom (France), LCR Hallcrest (U.S.), Chromatic Technologies (CTI) (US), Matsui International Company (U.S.), New Prisematic Enterprise (Taiwan), Smarol Industry (China), GEMINNOV (France), Hali Industrial (China), Kolorjet (India), and Kolortek (China). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . THERMOCHROMIC MATERIAL – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Type
3.7.2 By Material
3.7.3 By End-Use Industry
3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL THERMOCHROMIC MATERIAL MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Reversible Market by Regions
6.5 Irreversible Market by Regions
7 . GLOBAL THERMOCHROMIC MATERIAL MARKET ANALYSIS BY MATERIAL
7.1 Overview by Material
7.2 Historical and Forecast Data
7.3 Analysis by Material
7.4 Leuco Dyes Market by Regions
7.5 Liquid crystals Market by Regions
7.6 Pigments Market by Regions
7.7 Others Market by Regions
8 . GLOBAL THERMOCHROMIC MATERIAL MARKET ANALYSIS BY END-USE INDUSTRY
8.1 Overview by End-Use Industry
8.2 Historical and Forecast Data
8.3 Analysis by End-Use Industry
8.4 Packaging Market by Regions
8.5 Printing & Coating Market by Regions
8.6 Medical Market by Regions
8.7 Textile Market by Regions
8.8 Industrial Market by Regions
8.9 Others Market by Regions
9 . GLOBAL THERMOCHROMIC MATERIAL MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America
9.3.1. Overview, Historic and Forecast Data
9.3.2. North America By Segment
9.3.3. North America By Country
9.3.4. United State
9.3.5. Canada
9.3.6. Mexico
9.4. Europe
9.4.1. Overview, Historic and Forecast Data
9.4.2. Europe by Segment
9.4.3. Europe by Country
9.4.4. United Kingdom
9.4.5. France
9.4.6. Germany
9.4.7. Italy
9.4.8. Russia
9.4.9. Rest Of Europe
9.5. Asia Pacific
9.5.1. Overview, Historic and Forecast Data
9.5.2. Asia Pacific by Segment
9.5.3. Asia Pacific by Country
9.5.4. China
9.5.5. India
9.5.6. Japan
9.5.7. South Korea
9.5.8. Australia
9.5.9. Rest Of Asia Pacific
9.6. Latin America
9.6.1. Overview, Historic and Forecast Data
9.6.2. Latin America by Segment
9.6.3. Latin America by Country
9.6.4. Brazil
9.6.5. Argentina
9.6.6. Peru
9.6.7. Chile
9.6.8. Rest of Latin America
9.7. Middle East & Africa
9.7.1. Overview, Historic and Forecast Data
9.7.2. Middle East & Africa by Segment
9.7.3. Middle East & Africa by Country
9.7.4. Saudi Arabia
9.7.5. UAE
9.7.6. Israel
9.7.7. South Africa
9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE THERMOCHROMIC MATERIAL COMPANIES
10.1. Thermochromic Material Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF THERMOCHROMIC MATERIAL INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. OliKrom (France)
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products
11.3.4. Recent Developments
11.4. LCR Hallcrest (U.S.)
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products
11.4.4. Recent Developments
11.5. Chromatic Technologies (CTI) (US)
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products
11.5.4. Recent Developments
11.6. Matsui International Company (U.S.)
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products
11.6.4. Recent Developments
11.7. New Prisematic Enterprise (Taiwan)
11.7.1. Company Overview
11.7.2. Financials
11.7.3. Products
11.7.4. Recent Developments
11.8. Smarol Industry (China)
11.8.1. Company Overview
11.8.2. Financials
11.8.3. Products
11.8.4. Recent Developments
11.9. GEMINNOV (France)
11.9.1. Company Overview
11.9.2. Financials
11.9.3. Products
11.9.4. Recent Developments
11.10. Hali Industrial (China)
11.10.1. Company Overview
11.10.2. Financials
11.10.3. Products
11.10.4. Recent Developments
11.11. Kolorjet (India)
11.11.1. Company Overview
11.11.2. Financials
11.11.3. Products
11.11.4. Recent Developments
11.12. Kolortek (China)
11.12.1. Company Overview
11.12.2. Financials
11.12.3. Products
11.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Reversible Market by Geography (USD MN)
- Irreversible Market by Geography (USD MN)
- Analysis Market by Material (USD MN)
- Leuco Dyes Market by Geography (USD MN)
- Liquid crystals Market by Geography (USD MN)
- Pigments Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis by End-Use Industry (USD MN)
- Packaging Market by Geography (USD MN)
- Printing & Coating Market by Geography (USD MN)
- Medical Market by Geography (USD MN)
- Textile Market by Geography (USD MN)
- Industrial Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Thermochromic Material Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Thermochromic Material Report
- Market Research Process
- Market Research Methodology
- Global Thermochromic Material Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Material
- Market Attractiveness Analysis by End-Use Industry
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Reversible Market by Geography (USD MN)
- Irreversible Market by Geography (USD MN)
- Global Market Analysis by Material (USD MN)
- Leuco Dyes Market by Geography (USD MN)
- Liquid crystals Market by Geography (USD MN)
- Pigments Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by End-Use Industry (USD MN)
- Packaging Market by Geography (USD MN)
- Printing & Coating Market by Geography (USD MN)
- Medical Market by Geography (USD MN)
- Textile Market by Geography (USD MN)
- Industrial Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments