Worldwide Thermochromic Pigment Market – Evolving Drivers, Opportunities, Trends & Forecasts up to 2022

HTF Market Report released a new research document of 116 pages on industry titled as 'Thermochromic Pigment Market – Drivers, Opportunities, Trends & Forecasts up to 2022' with detailed analysis, Competitive landscape, forecast and strategies.

Summary
Thermochromic pigments are classified under high-performance pigment that has the property of changing color with a change in temperature. Both the markets of thermochromic pigment and high-performance pigment can be related to economic development, disposable income, and our quality of life.

The thermochromic pigments are used in paint & coating, ink printing, and plastic products to either show the temperature change or to increase aesthetics of the product. The usage of thermochromic pigment based ink can be usually seen in beer wrappers indicating the coldness of beer or sticker on the pizza delivery boxes indicating hotness of the pizza.

Request a sample report @ https://www.htfmarketreport.com/sample-report/517930-thermochromic-pigment-market

Globally, the demand for thermochromic pigment is growing consistently, especially in Europe and North America markets. This growth is supported by increasing automotive coating & printing industries in these regions.

Currently, North America is the global leader in the thermochromic pigment market. The US has built an advantage of having most of the ink printing market thus providing the maximum contribution in the global thermochromic pigment market. After the US, Canada is the major consumer of global thermochromic pigment market in North America. Asia Pacific will show high growth rate during the forecast period due to growing industrialization and increasing per capita income of people.
Reversible thermochromic pigments are extensively popular for their reversible color changing property and make it usable for aesthetics in decorative products.

Irreversible thermochromic pigment has relatively lower cost in comparison to reversible thermochromic pigment and only once it can change the color with a change in temperature. It has larger market share in volume in comparison with reversible, although relatively low market share in value.

Both reversible and irreversible thermochromic pigments have unique color changing property, which makes them useful in various applications. Reversible thermochromic pigment has high cost and is the leading market used in thermochromic pigment in terms of value.

The study of the global thermochromic pigment market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the key decision makers to make better business plans and informed decisions for the future. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=517930

According to Research, the global thermochromic pigment market is expected to grow at a CAGR of 5.3% during the forecast period 2016–2022 to reach $2,612.9 million by 2022. Ink printing application segment is expected to maintain global dominance in application segments, whereas China and Japan driven Asia Pacific is expected to contribute the highest growth in global thermochromic pigment. Some of the key players in thermochromic pigment are RPM International, DuPont, OliKrom, CTI and Flint Group.

Report Scope:
• Applications
o Paint & Coating
o Ink printing
o Plastic
o Others (such as Cosmetics)
• Types
o Reversible thermochromic pigment
o Irreversible thermochromic pigment
• Regions
o Asia Pacific
o Europe
o North America
o Rest of the World

• Industry outlook: market trends and drivers, restraints, and opportunities

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/517930-thermochromic-pigment-market

Table of Contents
1 Report Outline 12
1.1 Introduction 12
1.2 Report Scope 12
1.3 Market Definition 12
1.4 Research Methodology 13
1.4.1 Data Collation & In-House Estimation 13
1.4.2 Market Triangulation 14
1.4.3 Forecasting 14
1.5 Study Declarations 15
1.6 Report Assumptions 15
1.7 Stakeholders 15
2 Executive Summary 16
2.1 North America Continues to Dominate the Thermochromic Pigment Market 16
2.2 Ink Printing Increasing its Lead with High Growth Coming from Developing Countries 16
3 Market Positioning 18
3.1 Total Addressable Market (TAM): High Performance Pigment 18
3.1.1 Market Overview 18
3.2 Segmented Addressable Market (SAM) 18
3.3 Related Markets 19

....Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/517930-thermochromic-pigment-market

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact Us:
CRAIG FRANCIS (PR & Marketing Manager)
sales@htfmarketreport.com
Ph: +1 (206) 317 1218

This release was published on openPR.