NEW YORK, Oct. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the Global Thermochromic Materials Industry report – https://www.reportlinker.com/p06033119/?utm_source=GNW
7% in 2020-2027. Irreversible, one of the segments analyzed in the report, is expected to register 8.6% CAGR and reach $3.1 billion by the end of the analysis period. Taking into account the ongoing post-pandemic recovery, growth in the reversible segment is adjusted to a revised annual growth rate of 6.6% for the next 7-year period.
The US market is valued at US$856.3 million while China is forecast to grow at 11.5% CAGR
The US Thermochromic Materials Market is valued at US$856.3 million in 2020. China, the second largest economy in the world, is forecast to reach a projected market size of US$1.1 billion by 2027, at a CAGR of 11.5%. over the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, which are projected to grow 4.6% and 7.1%, respectively, over the period 2020-2027. Within Europe, growth of approx. 5.3% CAGR is forecast for Germany.
Select competitors (total 43 presented) –
Chromatic Technologies
Eptanonova
Fraunhofer IAP
Fx pigments
GEM’INNOV
Good life innovations
HW Sands Corp.
hali industry
Indestructible Colors Limited
color jet
Kolortek Co.,Ltd.
LCR Hallcrest LLC
Matsui International Company
moving colors
NCC-New Color Chemical
New Prismatic Enterprises Co.Ltd. (NCC)
olicroma
SFXC
Shanghai Caison Color Material Chem. Co., Ltd.
Smarol Industry Co.Ltd.
Vipul Chemicals
Yamamoto Chemical
Read the full report: https://www.reportlinker.com/p06033119/?utm_source=GNW
I. METHODOLOGY
II. SUMMARY
1. MARKET OVERVIEW
Insights into the influencer market
world market developments
Effects of Covid-19 and a looming global recession
Thermochromic Materials – Percentage of major competitors worldwide
Market share 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players worldwide in 2022 (E)
2. FOCUS ON SELECT…
