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Thermochromic Material Market Growth, Size, Trends Analysis- By Type, By Material, By End-Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Mar 06, 2025
Length 241 Pages
SKU # SPER19991561

Description

Thermochromic Material Market Introduction and Overview

According to SPER market research, ‘Global Thermochromic Material Market Size- By Type, By Material, By End-Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Thermochromic Material Market is predicted to reach 11.05 billion by 2034 with a CAGR of 5.46%.

Thermochromic materials are substances that change color in response to temperature variations. Because of their unique properties, they are helpful in a wide range of industries, including electronics, automotive, packaging, and textiles. These materials are typically composed of leuco dye systems or liquid crystals, which change chemical structure in response to temperature variations. This causes the wavelengths of light that these materials absorb and reflect to alter, resulting in a significant color shift.

Restraints:The global thermochromic material market faces numerous challenges that may impede its growth and adoption across industries. One of the most major issues is the high cost of manufacturing these materials, particularly for small and medium-sized firms. The creation of thermochromic materials usually requires specialized equipment and raw materials, increasing production costs and limiting general use.

Scope of the Report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments coveredBy Type, By Material, By End-Use.

Regions covered:
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered

Chromatix Inc., DIC Corporation, Flint Group, Merck KGaA, PerkinElmer Inc., Sakurai Industry Co. Ltd., Sensient Technologies Corporation, Sun Chemical Corporation, Teikoku Chemical Industry Co. Ltd., Tellermate and others.

Thermochromic Material Market Segmentation:

By Type:Based on the Type, Global Thermochromic Material Market is segmented as; Reversible, Irreversible.

By Material:Based on the Material, Global Thermochromic Material Market is segmented as; Leuco Dyes, Liquid Crystals, Thermochromic Pigments, Others.

By End-Use:Based on the End-Use, Global Thermochromic Material Market is segmented as; Packaging, Printing And Coating, Medical, Textile, Industrial, Others.

By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Table of Contents

241 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Thermochromic Material Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Thermochromic Material Market
7. Global Thermochromic Material Market, By Type (USD Million) 2021-2034
7.1. Reversible
7.2. Irreversible
8. Global Thermochromic Material Market, By Material (USD Million) 2021-2034
8.1. Leuco Dyes
8.2. Liquid Crystals
8.3. Thermochromic Pigments
8.4. Others
9. Global Thermochromic Material Market, By End-Use (USD Million) 2021-2034
9.1. Packaging
9.2. Printing and Coating
9.3. Medical
9.4. Texting
9.5. Industrial
9.6. Other
10. Global Thermochromic Material Market (USD Million) 2021-2034
10.1. Global Thermochromic Material Market Size and Market Share
11. Global Thermochromic Material Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Chromatix Inc.
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. DIC Corporation
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Flint Group
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Merck KGaA
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. PerkinElmer Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Sakurai Industry Co. Ltd.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Sensient Technologies Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Sun Chemical Corporation
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Teikoku Chemical Industry Co. Ltd.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Tellermate
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links

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