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Europe dominated the global thermochromic materials market during the forecast period. A significant rise in the demand from the food and beverage sector to determine the quality of packaged food products such as frozen food and meat supports the growth of the market in the region. The increasing adoption of smart and intelligent packaging has resulted in high demand of thermochromic materials in the region. Asia-Pacific is expected to grow at the fastest rate during the forecast period. Increasing demand from the textile and automotive industries augments the thermochromic materials market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, and India to tap the growth opportunities offered by these countries.Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1695251/?utm_source=Marketersmedia.com-AN
The increase in the adoption of smart textiles drives the growth of this thermochromic materials market. Growing use in inks, paints, and pigments further supports the market growth. There has been an increasing adoption of smart and intelligent packaging, which has increased the demand for thermochromic materials in food quality indicators, and labeling. There has been increasing use of thermochromic materials in applications such as toys, baby diapers, and battery gauges, which has further increased its demand worldwide. Growing demand from emerging economies, increasing applications, and technological advancements are factors expected to fuel the thermochromic materials market growth during the forecast period.
Global Thermochromic Materials Market is anticipated to reach around USD 8.1 billion by 2026 according to a new research. In 2017, the paints and pigments segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the global thermochromic materials market.
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The companies operating in the thermochromic materials market include Shanghai Caison Color Material Chem. Co., Ltd., Indestructible Paints Limited, New Color Chemical Co., Hali Industrial Co. Ltd., QCR Solutions, Fraunhofer IAP, Kolortek Co., Ltd., LCR Hallcrest LLC, and New Prismatic Enterprises Co. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of content:
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Thermochromic materials Market Insights
3.1. Thermochromic Materials ? Industry snapshot
3.2. Thermochromic Materials - Ecosystem analysis
3.3. Thermochromic Materials Market Dynamics
3.3.1. Thermochromic Materials ? Market Forces
3.3.1.1. Thermochromic Materials Market Driver Analysis
3.3.1.2. Thermochromic Materials Market Restraint/Challenges analysis
3.3.1.3. Thermochromic Materials Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Thermochromic Materials Market PEST Analysis, 2017
3.6. Thermochromic Materials Market Value Chain Analysis
3.7. Thermochromic Materials Industry Trends
3.8. Competitive Ranking Analysis
4. Thermochromic Materials Market Size and Forecast by Type, 2018-2026
4.1. Key Findings
4.2. Liquid Crystals
4.3. Leuco Dyes
5. Thermochromic Materials Market Size and Forecast by Product, 2018-2026
5.1. Key Findings
5.2. Reversible Thermochromic Materials
5.3. Irreversible Thermochromic Materials
6. Thermochromic Materials Market Size and Forecast by Application, 2018-2026
6.1. Key Findings
6.2. Paints and Pigments
6.3. Medical Devices
6.4. Food Quality Indicators
6.5. Others
7. Thermochromic Materials Market Size and Forecast by Region, 2018-2026
7.1. Key Findings
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. Germany
7.3.2. UK
7.3.3. France
7.3.4. Italy
Related Report:
Global (United States, European Union and China) Thermochromic Materials Market Research Report 2019-2025
Thermochromic materials change reversibly with changes in temperature. Using metal compounds or liquid crystals they can be made as semi- conductor compounds. The change in color happens at a determined temperature, which can be varied fixing the material. On the basis of product type the global thermochromic market can be segmented into irreversible and reversible materials. Reversible materials is preferred over the irreversible materials. They do not have the ability to return to their original state therefore are widely used in baby products and chemical containers market.
https://www.marketstudyreport.com/reports/global-united-states-european-union-and-china-thermochromic-materials-market-research-report-2019-2025/?utm_source=MarketersmediaRR.com-AN
Related Report: https://www.marketwatch.com/press-release/semiconductor-packaging-materials-market-size-opportunities-historical-analysis-development-status-business-growth-and-regional-forecast-to-2025-2019-11-04
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