Thermochromic Materials Market

Thermochromic Materials Market (Product Type: Reversible and Irreversible) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Thermochromic Materials Market Outlook 2031

  • The global industry was valued at US$ 1.5 Bn in 2022
  • It is estimated to advance at a CAGR of 9.3% from 2023 to 2031 and reach US$ 3.3 Bn by the end of 2031

Analyst Viewpoint

Increase in demand for smart packaging and smart textile products is boosting the thermochromic materials market size. Rise in usage of thermochromic materials in home furnishing applications is also driving market progress. Furthermore, thermochromic materials are being increasingly employed in security and camouflage products, especially in flexible sensors woven into fabrics.

Companies are following the latest thermochromic materials market trends and adopting novel technologies in printing to differentiate their products in an increasingly competitive landscape. Special effect thermochromic and photochromic inks are being regularly used across the globe. Manufacturers in packaging and textile sectors are also introducing smart and innovative products - thermochromic materials are used in these products - to increase their thermochromic materials industry share.

Thermochromic Materials Market

Market Introduction

Temperature-sensitive materials that change color when exposed to heat are known as thermochromic materials. Techniques adopted to generate thermochromism include charge transfer, crystalline field, and chemical structure alteration. Thermochromism can also be achieved through temperature-induced events such as phase changes and decompositions.

Heat responsive substances such as leuco dyes or liquid crystals are often used in the manufacture of thermochromic materials. Liquid crystals and leuco dyes are encapsulated in microcapsules before being used in different applications.

The usage of such thermochromic microcapsules is rising significantly in various applications. They are commonly used as temperature sensors in temperature-sensitive cups and bottles as well as security measures in anti-counterfeit packaging.

Thermochromic pigments are costlier than regular inks, as thermochromic materials require highly specialized and sophisticated manufacturing procedures. Furthermore, specialized printing procedures using irreversible thermochromic ink may be necessary in order to prevent inadvertent activation during printing. Companies are investing substantially in R&D activities to introduce novel manufacturing techniques in order to overcome market limitations.

Surge in Demand for Smart Textiles and Home Furnishings Steering Market Statistics

Thermochromic materials market analysis reveals the rise in usage of these materials in a variety of sectors, especially textile. Thermochromic ink for textiles is increasingly being employed in smart fabrics for usage in fashion and home furnishings products.

Popular usage of thermochromic materials includes ski costumes, tablecloths that change color upon contact with hot items, and chairs that change colors. These materials are also employed in clothing with a specific theme painted on it that changes color in response to temperature differences caused by body heat.

Thermochromic materials market opportunities are also growing in security applications and for purposes of camouflage in the form of flexible sensors. Several research institutions are studying the usage of these materials in energy conservation, particularly as coatings for ‘switchable glass’.

Thermochromic materials in smart windows allow heat to move inside during the winter by taking advantage of passive solar heating. Thus, rise in demand for smart products in various industries is fueling market expansion.

Growth in Packaging Applications to Bolster Thermochromic Materials Market Value

Applications of thermochromic coatings are prevalent in labeling, security printing, and marketing and promotional activities in the packaging sector. Demand for reversible thermochromic materials is rising across the globe.

The irreversible segment is anticipated to grow at a rapid pace during the forecast period. Irreversible thermochromic materials are primarily used in product labels, security labels, and food & beverage packaging labels. These thermochromic materials are temperature sensitive color changing paints that do not return to their original color on reversal of the temperature, and are limited to a single-time use.

Regional Outlook

North America dominated the global thermochromic materials market in 2022. The region is likely to maintain its leading position during the forecast period. The U.S. is a prominent contributor to the business in North America. Interior decoration, packaging for food & beverages, textiles, and marketing and promotional activities are the common applications of thermochromic materials in the region.

Asia Pacific held moderate share of the global landscape in 2022. The Asia Pacific thermochromic materials market growth is expected to be faster than that in other regions during the forecast period owing to the rise in awareness about these materials for applications in textiles, decorative items, footwear, and other consumer products. Japan and China are key markets for thermochromic materials in Asia Pacific.

The business in Europe, Latin America, and Middle East and Africa is anticipated to grow at a slower pace than that in North America and Asia Pacific. Germany is likely to constitute higher share of the market in Europe during the forecast period, led by the presence of prominent food & beverage manufacturers. Increase in awareness about the benefits of thermochromic materials is also expected to bolster the thermochromic materials industry in the country.

Analysis of Key Players in Global Thermochromic Materials Market

Companies operating in the global landscape are striving to differentiate their products due to intense competition. They are adopting innovative technologies to expand their customer base. The thermochromic materials market report analyzes key players such as OliKrom, Matsui International Company, Good Life Innovations Ltd, New Color Chemical Co., Ltd (NCC), Gem’innov, LCR Hallcrest, Smarol Industrial Co. Ltd., QCR Solutions Corp., CTI (Chromatic Technologies), Hali Industrial Co. Ltd., and L’Arca Srl.

Each of the firms mentioned above has been summarized in terms of parameters such as company profiles, business strategies, product portfolio, financial overview, and business segments to deliver a deeper understanding of the market dynamics.

Key Developments

  • In June 2023, Good Life Innovations Ltd. announced the launch of its new line of thermochromic microcapsules for usage in food and beverage packaging. These new microcapsules are safe for food contact and can be used to create packaging that changes color in response to the temperature.
  • In May 2023, Matsui International Company announced the launch of its new line of thermochromic microcapsules for usage in industrial applications. The new microcapsules are designed to withstand high temperatures and harsh chemicals, and can be used to create industrial components that change color in response to the temperature.
  • In March 2023, OliKrom announced the launch of its new line of thermochromic microcapsules for usage in home decor. The new microcapsules can be used to create home decor items that change color in response to the temperature, such as curtains, pillows, and lampshades.

Market Snapshot

Attribute Detail
Market Value in 2022 (Base Year) US$ 1.5 Bn
Market Forecast Value in 2031 US$ 3.3 Bn
Growth Rate (CAGR) 9.3%
Forecast Period 2023-2031
Historical Data Available for 2020-2022
Quantitative Units US$ Bn for Value and Tons for Volume
Market Analysis Qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, and SWOT analysis. Furthermore, at the regional level, the qualitative analysis includes key trends, price trends, and key supplier analysis.
Competition Landscape
  • Prominent Players – Competition Dashboard and Revenue Share Analysis, 2023
  • Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
Format Electronic (PDF) + Excel
Regions Covered
  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia and CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa
Market Segmentation
  • Product Type
    • Reversible
    • Irreversible
Companies Profiled
  • OliKrom
  • Matsui International Company,
  • Good Life Innovations Ltd
  • New Color Chemical Co., Ltd (NCC)
  • Gem’innov
  • LCR Hallcrest
  • Smarol Industrial Co. Ltd.
  • QCR Solutions Corp.
  • CTI (Chromatic Technologies)
  • Hali Industrial Co. Ltd.
  • L’Arca Srl.
Customization Scope Available upon Request
Pricing Available upon Request

Frequently Asked Questions

How big was the thermochromic materials market in 2022?

It was valued at US$ 1.5 Bn in 2022

How is the thermochromic materials business expected to grow by 2031?

It is likely to advance at a CAGR of 9.3% from 2023 to 2031

What are the key factors driving the demand for thermochromic materials?

Surge in demand for smart textiles and home furnishings, and growth in packaging applications

Which thermochromic materials product type segment holds the largest share?

The reversible segment commands a bulk of the share

Which was the major region in the thermochromic materials landscape in 2022?

North America was the leading region in 2022

Who are the key thermochromic material manufacturers?

OliKrom, Matsui International Company, Good Life Innovations Ltd, New Color Chemical Co., Ltd (NCC), Gem’innov, LCR Hallcrest, Smarol Industrial Co. Ltd., QCR Solutions Corp., CTI (Chromatic Technologies), Hali Industrial Co. Ltd., and L’Arca Srl.

    1. Executive Summary

        1.1. Global Market Outlook

        1.2. Demand Side Trends

        1.3. Key Facts and Figures

        1.4. Trends Impacting Market

        1.5. TMR’s Growth Opportunity Wheel

    2. Market Overview

        2.1. Market Segmentation

        2.2. Key Developments

        2.3. Market Definitions

        2.4. Key Market Trends

        2.5. Market Dynamics

            2.5.1. Drivers

            2.5.2. Restraints

            2.5.3. Opportunities

        2.6. Global Thermochromic Materials Market Analysis and Forecast, 2023-2031

            2.6.1. Global Thermochromic Materials Market Volume (Tons)

            2.6.2. Global Thermochromic Materials Market Revenue (US$ Mn)

        2.7. Porter’s Five Forces Analysis

        2.8. Regulatory Landscape

        2.9. Value Chain Analysis

            2.9.1. List of Raw Material Suppliers

            2.9.2. List of Key Manufacturers

            2.9.3. List of Key Suppliers

            2.9.4. List of Potential Customers

        2.10. Product Specification Analysis

        2.11. Production Overview

        2.12. Cost Structure Analysis

    3. COVID-19 Impact Analysis

        3.1. Impact on Supply Chain of Thermochromic Materials

        3.2. Impact on Demand for Thermochromic Materials – Pre & Post Crisis

    4. Production Output Analysis (Tons), 2022

        4.1. North America

        4.2. Europe

        4.3. Asia Pacific

        4.4. Latin America

        4.5. Middle East & Africa

    5. Impact of Current Geopolitical Scenario on Market

    6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031

        6.1. Price Trend Analysis by Product Type

        6.2. Price Trend Analysis by Region

    7. Global Thermochromic Materials Market Analysis and Forecast, by Product Type, 2023–2031

        7.1. Introduction and Definitions

        7.2. Global Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            7.2.1. Reversible

            7.2.2. Irreversible

        7.3. Global Thermochromic Materials Market Attractiveness, by Product Type

    8. Global Thermochromic Materials Market Analysis and Forecast, by Region, 2023–2031

        8.1. Key Findings

        8.2. Global Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Region, 2023–2031

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Latin America

            8.2.5. Middle East & Africa

        8.3. Global Thermochromic Materials Market Attractiveness, by Region

    9. North America Thermochromic Materials Market Analysis and Forecast, 2023–2031

        9.1. Key Findings

        9.2. North America Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        9.3. North America Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Country, 2023–2031

            9.3.1. U.S. Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            9.3.2. Canada Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        9.4. North America Thermochromic Materials Market Attractiveness Analysis

    10. Europe Thermochromic Materials Market Analysis and Forecast, 2023–2031

        10.1. Key Findings

        10.2. Europe Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        10.3. Europe Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            10.3.1. Germany Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            10.3.2. France Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            10.3.3. U.K. Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            10.3.4. Italy Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            10.3.5. Russia & CIS Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            10.3.6. Rest of Europe Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        10.4. Europe Thermochromic Materials Market Attractiveness Analysis

    11. Asia Pacific Thermochromic Materials Market Analysis and Forecast, 2023–2031

        11.1. Key Findings

        11.2. Asia Pacific Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type

        11.3. Asia Pacific Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            11.3.1. China Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            11.3.2. Japan Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            11.3.3. India Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            11.3.4. ASEAN Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            11.3.5. Rest of Asia Pacific Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        11.4. Asia Pacific Thermochromic Materials Market Attractiveness Analysis

    12. Latin America Thermochromic Materials Market Analysis and Forecast, 2023–2031

        12.1. Key Findings

        12.2. Latin America Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        12.3. Latin America Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            12.3.1. Brazil Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            12.3.2. Mexico Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            12.3.3. Rest of Latin America Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        12.4. Latin America Thermochromic Materials Market Attractiveness Analysis

    13. Middle East & Africa Thermochromic Materials Market Analysis and Forecast, 2023–2031

        13.1. Key Findings

        13.2. Middle East & Africa Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        13.3. Middle East & Africa Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031

            13.3.1. GCC Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            13.3.2. South Africa Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

            13.3.3. Rest of Middle East & Africa Thermochromic Materials Market Volume (Tons) and Value (US$ Mn) Forecast, by Product Type, 2023–2031

        13.4. Middle East & Africa Thermochromic Materials Market Attractiveness Analysis

    14. Competition Landscape

        14.1. Global Thermochromic Materials Market Company Share Analysis, 2022

        14.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

            14.2.1. OliKrom

                14.2.1.1. Company Revenue

                14.2.1.2. Business Overview

                14.2.1.3. Product Segments

                14.2.1.4. Geographic Footprint

                14.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.2. Matsui International Company

                14.2.2.1. Company Revenue

                14.2.2.2. Business Overview

                14.2.2.3. Product Segments

                14.2.2.4. Geographic Footprint

                14.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.3. Good Life Innovations Ltd

                14.2.3.1. Company Revenue

                14.2.3.2. Business Overview

                14.2.3.3. Product Segments

                14.2.3.4. Geographic Footprint

                14.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.4. New Color Chemical Co., Ltd (NCC)

                14.2.4.1. Company Revenue

                14.2.4.2. Business Overview

                14.2.4.3. Product Segments

                14.2.4.4. Geographic Footprint

                14.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.5. Gem’innov

                14.2.5.1. Company Revenue

                14.2.5.2. Business Overview

                14.2.5.3. Product Segments

                14.2.5.4. Geographic Footprint

                14.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.6. LCR Hallcrest

                14.2.6.1. Company Revenue

                14.2.6.2. Business Overview

                14.2.6.3. Product Segments

                14.2.6.4. Geographic Footprint

                14.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.7. Smarol industrial Co. Ltd.

                14.2.7.1. Company Revenue

                14.2.7.2. Business Overview

                14.2.7.3. Product Segments

                14.2.7.4. Geographic Footprint

                14.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.8. QCR Solutions Corp.

                14.2.8.1. Company Revenue

                14.2.8.2. Business Overview

                14.2.8.3. Product Segments

                14.2.8.4. Geographic Footprint

                14.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.9. CTI (Chromatic Technologies)

                14.2.9.1. Company Revenue

                14.2.9.2. Business Overview

                14.2.9.3. Product Segments

                14.2.9.4. Geographic Footprint

                14.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.10. Hali Industrial Co. Ltd.

                14.2.10.1. Company Revenue

                14.2.10.2. Business Overview

                14.2.10.3. Product Segments

                14.2.10.4. Geographic Footprint

                14.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            14.2.11. L’Arca Srl

                14.2.11.1. Company Revenue

                14.2.11.2. Business Overview

                14.2.11.3. Product Segments

                14.2.11.4. Geographic Footprint

                14.2.11.5. Production Capacity/Plant Details, etc. (*As Applicable)

                14.2.11.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

    15. Primary Research: Key Insights

    16. Appendix

    List of Tables

    Table 1: Global Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 2: Global Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 3: Global Thermochromic Materials Market Volume (Tons) Forecast, by Region, 2023–2031

    Table 4: Global Thermochromic Materials Market Value (US$ Mn) Forecast, by Region, 2023–2031

    Table 5: North America Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 6: North America Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 7: North America Thermochromic Materials Market Volume (Tons) Forecast, by Country, 2023–2031

    Table 8: North America Thermochromic Materials Market Value (US$ Mn) Forecast, by Country, 2023–2031

    Table 9: U.S. Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 10: U.S. Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 11: Canada Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 12: Canada Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 13: Europe Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 14: Europe Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 15: Europe Thermochromic Materials Market Volume (Tons) Forecast, by Country and Sub-region, 2023–2031

    Table 16: Europe Thermochromic Materials Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023–2031

    Table 17: Germany Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 18: Germany Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 19: France Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 20: France Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 21: U.K. Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 22: U.K. Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 23: Italy Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 24: Italy Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 25: Spain Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 26: Spain Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 27: Russia & CIS Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 28: Russia & CIS Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 29: Rest of Europe Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 30: Rest of Europe Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 31: Asia Pacific Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 32: Asia Pacific Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 33: Asia Pacific Thermochromic Materials Market Volume (Tons) Forecast, by Country and Sub-region, 2023–2031

    Table 34: Asia Pacific Thermochromic Materials Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023–2031

    Table 35: China Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 36: China Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type 2023–2031

    Table 37: Japan Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 38: Japan Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 39: India Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 40: India Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 41: ASEAN Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 42: ASEAN Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 43: Rest of Asia Pacific Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 44: Rest of Asia Pacific Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 45: Latin America Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 46: Latin America Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 47: Latin America Thermochromic Materials Market Volume (Tons) Forecast, by Country and Sub-region, 2023–2031

    Table 48: Latin America Thermochromic Materials Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023–2031

    Table 49: Brazil Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 50: Brazil Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 51: Mexico Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 52: Mexico Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 53: Rest of Latin America Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 54: Rest of Latin America Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 55: Middle East & Africa Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 56: Middle East & Africa Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 57: Middle East & Africa Thermochromic Materials Market Volume (Tons) Forecast, by Country and Sub-region, 2023–2031

    Table 58: Middle East & Africa Thermochromic Materials Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023–2031

    Table 59: GCC Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 60: GCC Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 61: South Africa Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 62: South Africa Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    Table 63: Rest of Middle East & Africa Thermochromic Materials Market Volume (Tons) Forecast, by Product Type, 2023–2031

    Table 64: Rest of Middle East & Africa Thermochromic Materials Market Value (US$ Mn) Forecast, by Product Type, 2023–2031

    List of Figures

    Figure 1: Global Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 2: Global Thermochromic Materials Market Attractiveness, by Product Type

    Figure 3: Global Thermochromic Materials Market Volume Share Analysis, by Region, 2022, 2027, and 2031

    Figure 4: Global Thermochromic Materials Market Attractiveness, by Region

    Figure 5: North America Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 6: North America Thermochromic Materials Market Attractiveness, by Product Type

    Figure 7: North America Thermochromic Materials Market Volume Share Analysis, by Country, 2022, 2027, and 2031

    Figure 8: North America Thermochromic Materials Market Attractiveness, by Country

    Figure 9: Europe Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 10: Europe Thermochromic Materials Market Attractiveness, by Product Type

    Figure 11: Europe Thermochromic Materials Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 12: Europe Thermochromic Materials Market Attractiveness, by Country and Sub-region

    Figure 13: Asia Pacific Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 14: Asia Pacific Thermochromic Materials Market Attractiveness, by Product Type

    Figure 15: Asia Pacific Thermochromic Materials Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 16: Asia Pacific Thermochromic Materials Market Attractiveness, by Country and Sub-region

    Figure 17: Latin America Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 18: Latin America Thermochromic Materials Market Attractiveness, by Product Type

    Figure 19: Latin America Thermochromic Materials Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 20: Latin America Thermochromic Materials Market Attractiveness, by Country and Sub-region

    Figure 21: Middle East & Africa Thermochromic Materials Market Volume Share Analysis, by Product Type, 2022, 2027, and 2031

    Figure 22: Middle East & Africa Thermochromic Materials Market Attractiveness, by Product Type

    Figure 23: Middle East & Africa Thermochromic Materials Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 24: Middle East & Africa Thermochromic Materials Market Attractiveness, by Country and Sub-region

Copyright © Transparency Market Research, Inc. All Rights reserved