Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Thermochromic Pigment Market 2022 Segmentation and Regional Analysis by 2030


Guru

Status: Offline
Posts: 621
Date:
Thermochromic Pigment Market 2022 Segmentation and Regional Analysis by 2030
Permalink   


Thermochromic Pigment Market Overview

Thermochromic Pigment Market is expected to reach USD 2,500 million with a healthy CAGR of 5.1% by the end of 2030.

Thermochromic 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 2022 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 2022 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 2022 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.

food & beverages, paints & coatings, printing ink, paper, textile, cosmetics, plastic & polymers, and others. The printing ink segment held the largest market share in 2022 and is expected to grow at a healthy CAGR during the review period due to its surging demand in the smart packaging industry. Printing inks equipped with thermochromic pigments are applied on beverage packaging which changes color with cooling.

Market Segmentation

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

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

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

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 2022 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.

Get Sample Report @

https://www.marketresearchfuture.com/sample_request/7409

Key Players

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.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 



Attachments
__________________
Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard