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Market Research Report

Thermochromic Materials Market Share, Size, Trends, Industry Analysis Report By Type ; By Product ; By Application ; By Regions: Segment Forecast, 2019 - 2026

Published by Polaris Market Research Product code 817658
Published Content info 114 Pages
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Thermochromic Materials Market Share, Size, Trends, Industry Analysis Report By Type ; By Product ; By Application ; By Regions: Segment Forecast, 2019 - 2026
Published: May 1, 2019 Content info: 114 Pages
Description

The global thermochromic materials market size is anticipated to reach USD 8.29 billion by 2026 according to a new report published by Polaris Market Research. The report "Thermochromic Materials Market Share, Size, Trends, Industry Analysis Report By Type (Liquid Crystals, Leuco Dyes); By Product (Reversible Thermochromic Materials, Irreversible Thermochromic Materials); By Application (Paints and Pigments, Medical Devices, Food Quality Indicators); By Regions: Segment Forecast, 2019 - 2026" provides detailed insight into current growth indices and taps future market trends.

In 2018, paints and pigments segment dominated the global market in revenue terms. 2018 also saw Europe coming good with majority share in global thermochromic materials market. A growing demand for reversible thermochromic materials in application industries is expected to drive market growth over forecast period.

The textile industry drives growth due to nurturing of smart textiles. The use of product in paints, inks and pigments bolsters growth. A growing trend towards smart and intelligent packaging has shot the demand for product in food quality indicators and labeling ahead. There has been diligent use of product in applications such as toys, baby diapers and battery gauges which are on an increasing drive worldwide. A growing demand from developing economies, striving applications and technological advancements are factors expected to boost the industry growth during forecast period.

The growing use of product in food quality indicators to ascertain the quality of frozen meat and dairy products in double with use of thermochromic materials in inks, paints and coatings is forecasted to drive growth.

Restraints exist with difficult to encrypt chemical formulations and in keeping formulation stable over the entire process of reversible thermochromic materials which are expected to hamper market growth. However constant R&D will ease the instability issues with reversible materials and will in turn attract market growth.

Europe dominated the global industry for thermochromic materials during forecast period. A significant rise in determining quality of packaging in frozen food and meat supports the growth in the region. An increasing trend overseen is employing smart and intelligent packaging which has resulted in high product demand in the region.

Asia pacific has grown at a fast rate during forecast period. Increasing demand from textile and automotive industries is the reason for high growth of thermochromic materials in the region. Leading global players are eyeing nations of China, Japan and India to strongly foster growth opportunities on offer by these countries.

The players functionally merge with other players to come up with new product launches in order to meet consumer expectations. The key industry players in thermochromic materials market include Shanghai Caison Color Material Chem.Co. Ltd., QCR Solutions, Indestructible Paints Limited, New Color Chemical Co, Hali Industrial Co Ltd., Fraunhofer IAPP, Kolortek CO. Ltd., LCR Hallcrest LLC, and New Prismatic Enterprises Co. LTD.

Polaris Market research has segmented the thermochromic materials market on the basis of type, product, application and region.

Thermochromic Type Outlook (Revenue, USD Million, 2015 - 2026)

Liquid Crystals

Leuco Dyes

Thermochromic Product Outlook (Revenue, USD Million, 2015 - 2026)

Reversible Thermochromic Materials

Irreversible Thermochromic Materials

Thermochromic Application Outlook (Revenue, USD Million, 2015 - 2026)

Paints and Pigments

Medical Devices

Food Quality Indicators

Others

Thermochromic Regional Outlook (Revenue, USD Million, 2015 - 2026)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Belgium

Russia

Netherlands

Asia Pacific

China

Japan

India

Australia

Korea

Singapore

Malaysia

Indonesia

Thailand

Philippines

Latin America

Mexico

Brazil

Argentina

MEA

UAE

Saudi Arabia

South Africa

Table of Contents
Product Code: PM1507

Table of Contents

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
    • 7.3.5. Rest of Europe
  • 7.4. Asia-Pacific
    • 7.4.1. China
    • 7.4.2. India
    • 7.4.3. Japan
    • 7.4.4. Rest of Asia-Pacific
  • 7.5. Latin America
    • 7.5.1. Brazil
  • 7.6. Middle East & Africa

8. Company Profiles

  • 8.1. Shanghai Caison Color Material Chem. Co., Ltd.
    • 8.1.1. Overview
    • 8.1.2. Financials
    • 8.1.3. Product Benchmarking
    • 8.1.4. Recent Developments
  • 8.2. Indestructible Paints Limited
    • 8.2.1. Overview
    • 8.2.2. Financials
    • 8.2.3. Product Benchmarking
    • 8.2.4. Recent Developments
  • 8.3. New Color Chemical Co.
    • 8.3.1. Overview
    • 8.3.2. Financials
    • 8.3.3. Product Benchmarking
    • 8.3.4. Recent Developments
  • 8.4. Hali Industrial Co. Ltd.
    • 8.4.1. Overview
    • 8.4.2. Financials
    • 8.4.3. Product Benchmarking
    • 8.4.4. Recent Developments
  • 8.5. QCR Solutions
    • 8.5.1. Overview
    • 8.5.2. Financials
    • 8.5.3. Product Benchmarking
    • 8.5.4. Recent Developments
  • 8.6. Fraunhofer IAP
    • 8.6.1. Overview
    • 8.6.2. Financials
    • 8.6.3. Product Benchmarking
    • 8.6.4. Recent Developments
  • 8.7. Kolortek Co., Ltd.
    • 8.7.1. Overview
    • 8.7.2. Financials
    • 8.7.3. Product Benchmarking
    • 8.7.4. Recent Developments
  • 8.8. LCR Hallcrest LLC
    • 8.8.1. Overview
    • 8.8.2. Financials
    • 8.8.3. Product Benchmarking
    • 8.8.4. Recent Developments
  • 8.9. W. Sands Corp.
    • 8.9.1. Overview
    • 8.9.2. Financials
    • 8.9.3. Product Benchmarking
    • 8.9.4. Recent Developments
  • 8.10. New Prismatic Enterprises Co. Ltd.
    • 8.10.1. Overview
    • 8.10.2. Financials
    • 8.10.3. Product Benchmarking
    • 8.10.4. Recent Developments
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