Thermochromic Materials Market (Updated Version Available)

Thermochromic materials change reversibly with changes in temperature. Using metal compounds or liquid crystals they can be made as semi- conductor compounds. The change in color happens at a determined temperature, which can be varied fixing the material. On the basis of product type the global thermochromic market can be segmented into irreversible and reversible materials. Reversible materials is preferred over the irreversible materials. They do not have the ability to return to their original state therefore are widely used in baby products and chemical containers market. 
Growing demand for thermochromic materials in food quality indicators to determine the quality of frozen meat and dairy products coupled with increasing use of thermochromic pigments in inks, paints, and coatings is expected to drive market growth over the forecast period.
Color diversity, cost effectiveness, and manufacturing process flexibility are some of the major advantages of thermochromic materials. As a result, the demand for thermochromic pigments in novelty products is increasing significantly. In addition, the use of reversible temperature-sensitive materials in baby products and sensors is expected to aid growth over the next eight years.
North America is expected to be the major revenue contributor to the thermochromic materials market throughout the forecast period. The increasing utilization of pigments in printing business cards will be one of the major factors fueling the growth of the thermochromic materials market in this region.
In 2019, the market size of Thermochromic Materials is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermochromic Materials.

This report studies the global market size of Thermochromic Materials, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Thermochromic Materials production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
LCR Hallcrest
QCR Solutions
Gem\'innov
Chromatic Technologies


Market Segment by Product Type
Reversible Thermochromic Materials
Irreversible Thermochromic Materials

Market Segment by Application
Pigments
Thermometers
Food Quality Indicators
Papers
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)