Lucintel Blog: Lucintel Forecasts Thermochromic Pigment Market to Reach $XX Billion by 2028

Thursday, December 29, 2022

Lucintel Forecasts Thermochromic Pigment Market to Reach $XX Billion by 2028

According to the recent study the thermochromic pigment market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 7% from 2023 to 2028. Growth in this market is primarily driven by increasing usage of thermochromic pigment in end use industries and availability of cost-effective material.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in thermochromic pigment market by product type (reversible and irreversible), application (liquid crystal material, leuco dyes, and inorganic materials), end use industry (printing ink, textile, paint and coating, plastic and polymer, food and beverages, paper, cosmetic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/thermochromic-pigment-market.aspx

“Reversible market is expected to remain the largest segment during the forecast period.”

Based on product type, the thermochromic pigment market is segmented into reversible and irreversible. Lucintel forecasts that the reversible market is expected to remain the largest segment due to its colour-changing property and affordability.

“Within the thermochromic pigment market, the printing ink segment is expected to remain the largest end use industry.”

Based on end use industry the printing ink segment is expected to witness the highest growth over the forecast period due to the increasing use of thermochromic pigment in ink printing on beer wrappers to indicate the coldness of the beer and on pizza delivery box stickers to reflect the hotness of the pizza.

“North America will dominate the thermochromic pigment market in near future.”

North America will remain the largest region due to the increasing construction activities and growing technological advancements in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/thermochromic-pigment-market.aspx

Major players of thermochromic pigment market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. OliKrom, QCR Solutions, Matsui Color, Devine Chemicals, New Color Chemical, and CTI & Flint are among the major thermochromic pigment providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/thermochromic-pigment-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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