MARKET INTRODUCTION
Thermochromic pigments are graded under high-performance pigment which has the characteristic of changing color with temperature change. Thermochromic pigments are used in textile printing for the printing of textiles with standard textile pigments. When printing undergoes a temperature change it changes color.
MARKET DYNAMICS
The global thermochromic pigment market is significantly growing due it its usage in the ink industry. Additionally, the augmenting demand for product diversity and improved appearance of products is driving the global thermochromic pigment market. However, the higher price of the thermochromic pigment ink and colorant than that of conventional inks and colorants may hamper the grwoth of the market. Nonethess, the growing demand in the new and niche application may provide an opportunity to the global thermochromic pigment market.
MARKET SCOPE
The "Global Thermochromic Pigment Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the global thermochromic pigment market with detailed market segmentation by type, application and geography. The global thermochromic pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading global thermochromic pigment and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermochromic pigment market is segmented as type and application. On the basis of type the global thermochromic pigment market is segmented as reversible thermochromic pigment and irreversible thermochromic pigment. On the basis of application the global thermochromic pigment market is segmented as paint and coating, ink printing, plastic and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermochromic pigment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global thermochromic pigment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the global thermochromic pigment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the global thermochromic pigment in these regions.
MARKET PLAYERS
The reports cover key developments in the global thermochromic pigment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from global thermochromic pigment are anticipated to lucrative growth opportunities in the future with the rising demand for thermochromic pigment in the global market. Below mentioned is the list of few companies engaged in the global thermochromic pigment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the global thermochromic pigment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- 3M
- Chromatic Technologies Inc.
- DuPont
- Hammer Packaging Corp
- Kolortek Co. Ltd
- LCR HalLcrest LLC
- NanoMatriX International Ltd
- OliKrom
- RPM International
- The Sherwin-Williams Company
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