Press release
Global Thermochromic Materials Market Will Reach At CAGR Of 6.77% Between 2017-2021
With changes in temperature, thermochromic materials also change their color. These materials are used in pigments, thermometers, food quality indicators, kettles, test strips on batteries, and textiles. These materials are also used in food packaging. They are generally categorized into two types: liquid crystals and leuco dyes. Liquid crystals are used in liquid crystal display (LCD) screens, thermometers, and mood rings. Leuco dyes are less expensive than liquid crystals and are used in a wide range of applications such as quality control, product labeling, advertising and promotional applications, toys, game pieces, and packaging.
Technavios analysts forecast the global thermochromic materials market to grow at a CAGR of 6.77% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global thermochromic materials market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of thermochromic materials.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio’s report, Global Thermochromic Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Hali Pigment
LCR Hallcrest
Matsui International
QCR Solutions
Other prominent vendors
Good Life Innovations
Gem’innov
Chromatic Technologies
SFXC
SMAROL INDUSTRY
NCC
Market driver
Increasing demand for thermochromic material as food quality indicators
For a full, detailed list, view our report
Market challenge
Product limitations
For a full, detailed list, view our report
Market trend
Emergence of smart materials
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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