Allied Market Research
Loading...
0
Allied Market Research

Thermochromic Paints Market: Global Opportunity Analysis and Industry Forecast 2020-2027

A08679
Pages: NA
Aug 2021 | 269 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Thermochromic Paints Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Request Now !

Thermochromic Paints Market Analysis 2020-2027

Thermochromic paints change color with change in temperature. It displays thermochromism, a phenomenon where certain substances change their color when their temperature is changed. Thermochromic paints are quite sensitive to UV and get faded without protection. These paints are used in graphics and customization of consumer goods, gifts, automotive, military & defense, building and construction and prevents goods from thermal faults. There are two types of thermochromic paints reversible and irreversible. The broad usage in print bundling industry to demonstrate temperature change and surging work in decorative items is a portion of the important aspects boost growth of the reversible thermochromic colors market. These paints are quite expensive as their color changing quality stays for over their entire life span. Irreversible thermochromic pigments are capable of changing color only once and majorly used for prevention from heat. 

Market Scope and structure and analysis

Report Metric

Details

Market size available for years

  2020 –2027    

Base year considered

  2019                   

Forecast period

  2020–2027                            

Forecast units 

  Millions (USD)

  Volume(tons)

Segments covered

  Type, Product, End-Use Industry, and Region.

Regions covered

North America (US and Canada), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA)      

Companies covered

Some of the majors players include 3M (the U.S.), RPM International (the U.S.), LCR Hallcrest(U.K),  DuPont (the U.S.), OliKrom (France), Flint Group (Luxembourg), Chromatic Technologies Inc. (the U.S.), MG Chemicals (the U.S.), NanoMatriX International Ltd (Hong Kong), and Quad/Graphics (the U.S.).

 

COVID-19 scenario analysis:

  • The global market for thermochromic paints is severely impacted by the outbreak of the COVID-19 pandemic. 
  • The COVID-19 pandemic led to a decline in the economic growth in almost all major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of thermochromic paints, which negatively impact the market growth. 

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Color changing quality with change in temperature is key driver factor for this market. Thermochromic paints use liquid crystal or leuco dye technology. Leucodyes are organic chemicals that change color when heat energy makes their molecules shift back and forth and changes the color. After absorbing a certain amount of light, the crystallin structure of the pigment reversibly changes in such a way that is absorbs the light. With this quality it is used for different applications which boost the market. Growing need of thermochromic pigments in manufacturing of smart textiles is expected to drive industry growth for upcoming years. Theme based paints on vehicles, gifts and goods making it popular and creates huge demand.

Beside the wide use of thermochromic paints, environmental issues are restraining the growth of this market. Rising need of environmental- friendly products and facing interventions for this are obstructing the
growth of the market. 

More advance technology in automotive, defense, medicine or textile will increase the need for coatings and expected to augment demand over the forecast period, which, in turn, will positively impact the overall market growth.

New product launches to flourish the market

LCR Hallcrest collaborated with PPG (US) for the improvement of a thermochromic covering for National Hockey League (NHL) hockey pucks. The shading changing covering will change from purple to clear when a puck's temperature is above freezing, giving a visual sign that the puck need to be replace. This association strengthened the organization's situation as a main producer in the worldwide thermochromic materials showcase.

The shade and ink/covering are intended to be robust, meeting the particular temperature, bond and shading progress parameters, important to proceed as required during the cruelty related with the round of hockey

Surge in use of in packaging applications

End-use industries of thermochromic materials are packaging, printing & coating, clinical, textile, and mechanical. Printing and covering is the quickest developing end-use industry of thermochromic materials attributable to a significant increase in the demand for thermal paper for POS system. The utilization of thermochromic materials is gaining popularity for interactive packaging that urges shoppers to take an item off the rack and use it. In spite of the fact that printing and covering represented the biggest piece of the pie and is relied upon to be the quickest developing section during the forecast time frame, bundling, material, clinical, and mechanical portions are probably going to observe tremendous development openings. This development is attributed to the innovations and advancements in the barrier & security gear, for example, body protective layers and caps and vehicle and airplane.

Key segments covered:

Segments

Subsegments

  Type

  • Reversible
  • Irreversible

  Products

 

  • Leuco Dyes
  • Liquid Crystals
  • Pigments
  • Others

  End- Use Industry

 

  • Packaging
  • Printing & Coating
  • Medical
  • Textile
  • Industrial
  • Others

Key benefits of the report:

  • This study presents the analytical depiction of the global thermochromic paints market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global thermochromic paints market.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Thermochromic Paints market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global thermochromic paints market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the thermochromic paints market research report:

  • Who are the leading market players active in the thermochromic paints market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the thermochromic paints market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Thermochromic Paints Market: Global Opportunity Analysis and Industry Forecast 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers