Thermochromic Pigment Market – Upcoming Growth Opportunities ,Revolutionary Trends & Future Benefits of Product 2023

Thermochromic Pigment Market has been segmented on the basis of product, pigment type, end-use industry, and region. Thermochromic Pigment Market has been segmented into five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

According to MRFR analysis, the global thermochromic pigment market is expected to reach USD USD 2,500 million with a healthy CAGR of 5.1% by the end of 2023. Thermochromic Pigment Market – Upcoming Growth Opportunities ,Revolutionary Trends & Future Benefits of Product 2023. Growing demand for thermochromic pigments in various end-use industries such as paints & coatings, printing ink; and food & beverages are expected to drive the market growth in the coming years.

Additionally, increasing consumption of the product in quality detection systems, primarily in Fast-Moving Consumer Goods (FMCG) is anticipated to favor the market growth during the forecast period. Furthermore, surging demand for the product in smart packaging and smart textiles is anticipated to positively influence the market growth.

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Market Segmentation:

The global thermochromic pigment market has been segmented on the basis of product, pigment type, end-use industry, and region.

On the basis of product, the global thermochromic pigment market has been categorized into liquid crystal material, leuco dyes, and inorganic materials.

Based on pigment type, the global thermochromic pigment market has been bifurcated into reversible thermochromic pigments and irreversible thermochromic pigments.

By end-use industry, the global thermochromic pigment market has been classified into food & beverages, paints & coatings, printing ink, paper, textile, cosmetics, plastic & polymers, and others.

The global thermochromic pigment market has been studied across five major regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Competitive Analysis:

RPM International Inc. (US), 3M (US), Sherwin Williams (US), Hammer Packaging, Corp. (US), NanoMatriX International Limited (China), Clariant (Switzerland), OliKrom (France), QCR Solutions Corp (UK), LCR Hallcrest LLC (US), Gem'innov (France), Smarol Industry Co. Ltd. (China), and Special Effects and Coatings. (UK) are some of the key players operating in the global thermochromic pigment market.

Regional Analysis:

Geographically, the global thermochromic pigment market has been studied across the five regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The North American market witnessed the largest market share in 2017 owing to the rising consumption of the product in printing ink applications. Smart packaging and technical textiles are some other applications which utilise thermochromic pigments in the region. The US is the major contributor in the region due to the growing demand for thermochromic pigments in smart textiles and food and beverages segments. The Asia-Pacific market is expected to be the fastest-growing market during the forecast period owing to the high consumption of the product in textiles; and paints & coating industry.

TABLE OF CONTENTS:

1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics Of Global Thermochromic Pigment Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis Of Global Thermochromic Pigment Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End–User
5.2 Porter’s Five Forces Analysis
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Buyers
5.2.3 Bargaining Power Of Suppliers
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Competitive Rivalry
5.3 Pricing Analysis
6. Global Thermochromic Pigment Market, By Product
6.1 Introduction
6.2 Liquid Crystal Material
6.2.1 Market Estimates & Forecast, 2016−2023
6.2.2 Market Estimates & Forecast, By Region, 2016−2023
6.3 Leuco Dyes
6.3.1 Market Estimates & Forecast, 2016−2023
6.3.2 Market Estimates & Forecast, By Region, 2016−2023
6.4 Inorganic Materials
6.4.1 Market Estimates & Forecast, 2016−2023
6.4.2 Market Estimates & Forecast, By Region, 2016−2023

LIST OF TABLES:
Table 1 Global Thermochromic Pigment Market: By Region, 2016−2023
Table 2 North America: Thermochromic Pigment Market, By Country, 2016−2023
Table 3 Europe: Thermochromic Pigment Market, By Country, 2016−2023
Table 4 Asia-Pacific: Thermochromic Pigment Market. By Country, 2016−2023
Table 5 Middle East & Africa: Thermochromic Pigment Market, By Country, 2016−2023
Table 6 Latin America: Thermochromic Pigment Market, By Country, 2016−2023
Table 7 Global Thermochromic Pigment Market Product Market, By Regions, 2016−2023
Table 8 North America: Thermochromic Pigment Market Product Market, By Country, 2016−2023
Table 9 Europe: Thermochromic Pigment Market Product Market, By Country, 2016−2023
Table10 Asia-Pacific: Thermochromic Pigment Market Product Market, By Country, 2016−2023
Table11 Middle East & Africa: Thermochromic Pigment Market Product Market, By Country, 2016−2023
Table12 Latin America: Thermochromic Pigment Market Product Market, By Country, 2016−2023

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