Thermochromic Pigment Market- Recent Study Including Growth Factors, Regional Analysis and Forecast till 2023 by Key Players

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Thermochromic Pigment Market Research Report
Global Forecast till 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Thermochromic Pigment Market - 2023
Thermochromic Pigment Market Research
Report by Product (Liquid Crystal Material,
Leuco Dyes), Pigment Type (Reversible
Thermochromic Pigments, Irreversible
Thermochromic Pigments), End-Use Industry
(Printing Ink), Region Global Forecast to
2023 Market Research Future has published a
half-cooked research report on the Global
Thermochromic Pigment Market. Overview Thermochro
mic pigments are materials which change color
with change in temperature. These pigments are
temperature-sensitive which use liquid crystal
technology which leads to change in the color of
liquid crystals. These pigments are widely used
in traffic signs, printing inks, fire-fighting
equipment, emergency signs, novelty decorations,
path marking, instruments and controls. By
product, the global thermochromic pigment market
has been classified into liquid crystal material,
leuco dyes, and inorganic materials. The liquid
crystal material segment accounted for the
largest market share in 2017 and is expected to
grow at a high CAGR during the forecast period
owing to its consumption in precision
applications as their responses can be engineered
at accurate temperatures. They are widely used in
electronics and in mood rings. Based on pigment
type, the global thermochromic pigment market has
been segmented into reversible thermochromic
pigments and irreversible thermochromic pigments.
The reversible thermochromic pigments accounted
for the largest market share in 2017 in terms of
value, owing to its reversible color changing
property and find applications in decorative and
aesthetic products. The irreversible
thermochromic pigments segment is expected to be
the largest in 2017 in terms of volume, due to
its low cost. It can be used only once due to its
irreversible nature and is used in detecting the
temperature of engine components, furnaces, house
appliances, and high-temperature ovens. On the
basis of end-use industry, the global
thermochromic pigment market has been divided
into food beverages, paints coatings,
printing ink, paper, textile, cosmetics, plastic
polymers, and others.
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Thermochromic Pigment Market - 2023
Browse Complete Report _at_ https//www.marketresea
rchfuture.com/reports/thermochromic-pigment-market
-7409 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. 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.
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Thermochromic Pigment Market - 2023
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. Target
audience Traders and distributors of
thermochromic pigment Thermochromic pigment
manufacturers Potential investors Production
process industries Raw material
suppliers Nationalized laboratories Government
bodies
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