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Thermochromic Paints & Coatings Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

Thermochromic Paints & Coatings Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

Thermochromic Paints & Coatings Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up t2023

Thermochromic paints & coatings are designed in such a way that they change the color at a specific temperature, providing a visual indication of a temperature change. A special type of pigments, known as thermochromic pigments, are available in the market tmanufacture thermochromic paints & coatings. In recent years, thermochromic paints & coatings have grown extraordinarily with the global thermochromic market attracting a significant share.

Research Methodology

The thermochromic paints & coatings market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Key Market Insights

Thermochromic paints & coatings have created a niche market in various applications. Thermochromic paints & coatings can be used for many different reasons, including safety indicators on thermally sensitive systems or indication of the thermal history. The demand for thermochromic paints & coatings is surging in the food industry. Twmain types of thermochromic paints & coatings are available in the market, i.e., reversible-based and irreversible-based.

The extensive use of these products in decorative and food sectors has given a massive boost tthe thermochromic paints & coatings market in recent years. The rapid growth in economies across the globe and the increasing per capita income among consumers in developing countries are increasing the demand for decorations. This, in turn, is increasing the demand for thermochromic paints & coatings in infrastructure. The infrastructure sector is presently leading the market and is expected tremain the same during the forecast period. Emerging economies such as China, India, and Brazil are looking forward ttake advantage of the benefits of thermochromic paints & coatings. Further, the industrial and FMCG packaging market growth is expected tfoster the thermochromic paints & coatings market.

North America is the largest thermochromic paints & coatings market globally due tthe presence of export-oriented manufacturing capacities and intense domestic demand from various end-user industries. The increase in food manufacturing and building construction is further driving the market growth in the region. The anticipated economic stability in Europe is expected tboost its manufacturing sector, complementing the growth of the thermochromic paints & coatings market. North America is likely tremain as the key region with a significant contribution coming from the US. Few of the prominent companies operating in the thermochromic paints & coatings market are Sherwin Williams, AkzoNobel N.V., RPM International, Axalta Coating Systems Ltd., and Arkema.

Types:

Reversible

Irreversible

End-users:

Decorative

Food

Industrial

Others

Geography:

Asia Pacific

North America

Europe

Rest of the World


1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-house Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declarations
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Asia Pacific Perceiving Highest Growth Rate
2.2 Decorative Segment Will Experience an Acceleration
3 Market Positioning
3.1 Total Addressable Market: Sealant Market
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing demand in FMCG packaging
5.2.1.2 Increasing affordability of thermochromic products
5.2.2 Restraints
5.2.2.1 Raw material price fluctuations
5.2.2.2 Low awareness of thermochromic paints & coatings in emerging economies
5.2.3 Opportunities
5.2.3.1 Technological development in the products
5.2.3.2 Large untapped market in developing and underdeveloped countries
5.2.4 DRO – Impact Analysis
6 By Type: Market Size and Analysis
6.1 Overview
6.2 Reversible Thermochromic Paints & Coatings
6.3 Irreversible Thermochromic Paints & Coatings
6.4 Vendor Profiles
6.4.1 Sherwin-Williams Co.
6.4.2 Akzo Nobel N.V.
6.4.3 RPM INTERNATIONAL
6.4.4 Axalta Coating Systems Ltd.
6.4.5 Arkema
(Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategies have been covered for all the vendors)
7 Application: Market Size and Analysis
7.1 Overview
7.2 Decorative
7.3 Food
7.4 Industrial
7.5 Customer Profiles
7.5.1 Hammer packaging
7.5.2 3M
7.5.3 VINCI
7.5.4 Bechtel Corporation
7.5.5 General Electric (GE)
(Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis and business strategies have been covered for all the customers)
8 Regions: Market Size and Analysis
8.1 Overview
8.2 Asia Pacific
8.3 North America
8.4 Europe
8.5 Rest of the World
(Segmental coverage of by geography, by types, and by end-user have been covered for each region)
9 Companies to watch for
9.1 3M company
9.1.1 Overview
9.2 Clariant
9.2.1.1 Business units
9.2.2 Creation of New product for Thermochromic Pigment
10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions, & Joint Ventures
10.2.2 Awards & Recognizing
10.2.3 Exhibition & Product Launch
10.2.4 Expansion
10.2.5 Others
11 Expert’s Views
12 Annexure
Abbreviations
Tables
TABLE 1 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
TABLE 2 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 3 GLOBAL REVERSIBLE THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4 GLOBAL ACRYLIC THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (TONS)
TABLE 5 GLOBAL IRREVERSIBLE THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6 GLOBAL IRREVERSIBLE THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (TONS)
TABLE 7 SHERWIN-WILLIAMS CO.: PRODUCT PROFILE
TABLE 8 SHERWIN-WILLIAMS CO.: RECENT DEVELOPMENTS
TABLE 9 AKZO NOBEL N.V.: PRODUCT PROFILE
TABLE 10 AKZO NOBEL N.V.: RECENT DEVELOPMENTS
TABLE 11 RPM INTERNATIONAL: PRODUCT PROFILE
TABLE 12 RPM INTERNATIONAL: RECENT DEVELOPMENTS
TABLE 13 AXALTA COATING SYSTEMS: PRODUCT PROFILE
TABLE 14 AXALTA COATING SYSTEMS: RECENT DEVELOPMENTS
TABLE 15 ARKEMA: PRODUCT PROFILE
TABLE 16 ARKEMA: RECENT DEVELOPMENTS
TABLE 17 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE BY APPLICATION, 2016-2023 ($MILLION)
TABLE 18 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME BY APPLICATION, 2016-2023 (TONS)
TABLE 19 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN DECORATIVE MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 20 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN DECORATIVE MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (TONS)
TABLE 21 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN FOOD MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 22 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN FOOD MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (TONS)
TABLE 23 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN INDUSTRIAL MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 24 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN INDUSTRIAL MARKET VOLUME, BY GEOGRAPHY, 2016-2023 (TONS)
TABLE 25 HAMMER PACKAGING: PRODUCT PROFILE
TABLE 26 HAMMER PACKAGING: RECENT DEVELOPMENTS
TABLE 27 3M: RECENT DEVELOPMENTS
TABLE 28 BETCHEL CORPORATION: PRODUCT PROFILE
TABLE 29 GENERAL ELECTRIC: BUSINESS ACTIVITIES
TABLE 30 GE: RECENT DEVELOPMENTS
TABLE 31 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY GEOGRAPHY, 2016−2023 ($MILLION)
TABLE 32 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY GEOGRAPHY, 2016−2023 (TONS)
TABLE 33 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS VALUE, BY COUNTRY, 2016−2023 ($MILLION)
TABLE 34 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY COUNTRY, 2015−2022 (TONS)
TABLE 35 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
TABLE 36 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY TYPE, 2016−2023 (TONS)
TABLE 37 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
TABLE 38 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY APPLICATION, 2016−2023 (TONS)
TABLE 39 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY COUNTRY, 2016−2023 ($MILLION)
TABLE 40 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY COUNTRY, 2016−2023 (TONS)
TABLE 41 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
TABLE 42 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY TYPE, 2016−2023 (TONS)
TABLE 43 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
TABLE 44 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY APPLICATION, 2016−2023 (TONS)
TABLE 45 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY COUNTRY, 2016−2023 ($MILLION)
TABLE 46 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY COUNTRY, 2015−2022
TABLE 47 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
TABLE 48 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY TYPE, 2016−2023 (TONS)
TABLE 49 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
TABLE 50 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY END USER, 2016−2023 (TONS)
TABLE 51 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY GEOGRAPHY, 2016−2023 ($MILLION)
TABLE 52 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY GEOGRAPHY, 2016−2023 (TONS)
TABLE 53 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
TABLE 54 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY TYPE, 2016−2023 (TONS)
TABLE 55 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
TABLE 56 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VOLUME, BY APPLICATION, 2016−2023 (TONS)
TABLE 57 CLARIANT: PRODUCT PROFILE
TABLE 58 MERGERS, ACQUISITIONS, & JOINT VENTURES
TABLE 59 AWARD & RECOGNIZING
TABLE 60 EXHIBITION & PRODUCT LAUNCH
TABLE 61 EXPANSION
TABLE 62 OTHERS
Charts
CHART 1 RESEARCH METHODOLOGY OF GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET: DATA COLLATION
CHART 2 RESEARCH METHODOLOGY OF GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET: TRIANGULATION
CHART 3 RESEARCH METHODOLOGY OF GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET: FORECASTING
CHART 4 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET: REGIONAL ANALYSIS (2017 & 2023)
CHART 5 GLOBAL THERMOCHROMIC PAINTS & COATINGS APPLICATION MARKET 2017 & 2023
CHART 6 TOTAL ADDRESSABLE MARKET (TAM): THERMOCHROMIC PIGMENT
CHART 7 VALUE CHAIN: THERMOCHROMIC PAINTS & COATINGS MARKET
CHART 8 PESTLE ANALYSIS: THERMOCHROMIC PAINTS & COATINGS MARKET
CHART 9 PORTER 5 FORCES ANALYSIS: THERMOCHROMIC PAINTS & COATINGS MARKET
CHART 10 THERMOCHROMIC PAINTS & COATINGS: PATENT ANALYSIS (2012–2017*)
CHART 11 THERMOCHROMIC PAINTS & COATINGS: PATENT ANALYSIS, BY REGION (2012–2017)
CHART 12 MARKET SEGMENTATION: THERMOCHROMIC PAINTS & COATINGS
CHART 13 MARKET DYNAMICS – DRIVERS, RESTRAINTS, AND OPPORTUNITIES
CHART 14 DRO - IMPACT ANALYSIS: THERMOCHROMIC PAINTS & COATINGS MARKET
CHART 15 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
CHART 16 GLOBAL REVERSIBLE THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
CHART 17 GLOBAL IRREVERSIBLE THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
CHART 18 SHERWIN-WILLIAMS CO.: OVERVIEW SNAPSHOT
CHART 19 SHERWIN-WILLIAMS CO.: BUSINESS UNITS
CHART 20 SHERWIN-WILLIAMS CO.: SWOT ANALYSIS
CHART 21 AKZO NOBEL N.V.: OVERVIEW SNAPSHOT
CHART 22 AKZO NOBEL N.V.: BUSINESS UNITS
CHART 23 AKZO NOBEL N.V.: GEOGRAPHIC REVENUE
CHART 24 AKZO NOBEL N.V.: SWOT ANALYSIS
CHART 25 RPM INTERNATIONAL: OVERVIEW SNAPSHOT
CHART 26 RPM INTERNATIONAL: BUSINESS UNITS
CHART 27 RPM INTERNATIONAL: GEOGRAPHIC REVENUE
CHART 28 RPM INTERNATIONAL: SWOT ANALYSIS
CHART 29 AXALTA COATING SYSTEMS: OVERVIEW SNAPSHOT
CHART 30 AXALTA COATING SYSTEMS: BUSINESS UNITS
CHART 31 AXALTA COATING SYSTEMS: GEOGRAPHIC REVENUE
CHART 32 AXALTA COATING SYSTEMS: SWOT ANALYSIS
CHART 33 ARKEMA: OVERVIEW SNAPSHOT
CHART 34 ARKEMA: BUSINESS UNITS
CHART 35 ARKEMA: GEOGRAPHIC REVENUE
CHART 36 ARKEMA: SWOT ANALYSIS
CHART 37 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET REVENUE BY APPLICATION, 2016-2023 ($MILLION)
CHART 38 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN DECORATIVE MARKET REVENUE BY APPLICATION, 2016-2023 ($MILLION)
CHART 39 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN FOOD MARKET REVENUE BY APPLICATION, 2016-2023 ($MILLION)
CHART 40 GLOBAL THERMOCHROMIC PAINTS & COATINGS IN ELECTRONIC EQUIPMENT MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
CHART 41 HAMMER PACKAGING: OVERVIEW SNAPSHOT
CHART 42 HAMMER PACKAGING: SWOT ANALYSIS
CHART 43 3M: OVERVIEW SNAPSHOT
CHART 44 3M: BUSINESS UNITS
CHART 45 3M: GEOGRAPHIC REVENUE
CHART 46 3M: SWOT ANALYSIS
CHART 47 VINCI: OVERVIEW SNAPSHOT
CHART 48 VINCI: BUSINESS UNITS
CHART 49 VINCI: GEOGRAPHIC REVENUE
CHART 50 VINCI: SWOT ANALYSIS
CHART 51 BETCHEL CORPORATION: OVERVIEW SNAPSHOT
CHART 52 BETCHEL CORPORATION: SWOT ANALYSIS
CHART 53 GENERAL ELECTRIC (GE): OVERVIEW SNAPSHOT
CHART 54 GENERAL ELECTRIC (GE): BUSINESS UNITS
CHART 55 GENERAL ELECTRIC (GE): GEOGRAPHIC REVENUE
CHART 56 GENERAL ELECTRIC (GE): SWOT ANALYSIS
CHART 57 GLOBAL THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY GEOGRAPHY, 2016−2023 ($MILLION)
CHART 58 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY COUNTRY, 2016−2023 ($MILLION)
CHART 59 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
CHART 60 ASIA PACIFIC THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
CHART 61 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY COUNTRY, 2016−2023 ($MILLION)
CHART 62 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
CHART 63 NORTH AMERICA THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY END USER, 2016−2023 ($MILLION)
CHART 64 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY COUNTRY, 2016−2023 ($MILLION)
CHART 65 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
CHART 66 EUROPE THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY END USER, 2016−2023 ($MILLION)
CHART 67 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY GEOGRAPHY, 2016−2023 ($MILLION)
CHART 68 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY TYPE, 2016−2023 ($MILLION)
CHART 69 REST OF THE WORLD THERMOCHROMIC PAINTS & COATINGS MARKET VALUE, BY APPLICATION, 2016−2023 ($MILLION)
CHART 70 3M: BUSINESS UNITS
CHART 71 COMPETITIVE LANDSCAPE: GEOGRAPHIC EXPOSURE
CHART 72 MARKET LANDSCAPE: MARKET ACTIVITIES
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