Market Overview:
The global reversible thermochromic film market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for reversible thermochromic films in various applications such as consumer goods, glass, automotive, building and others. In terms of type, the colored to colorless segment is expected to dominate the market during the forecast period owing to its properties such as high heat resistance and low thermal conductivity. In terms of region, North America is expected to lead the global reversible thermochromic film market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Reversible thermochromic film is a thin plastic film which changes colour when it is heated. It can be used to create temperature-sensitive displays, or to indicate when a device has been turned on or off. Reversible thermochromic film is important because it allows devices to be controlled by temperature, which can save energy.
Colored to Colorless:
Colored to colorless, it's usage.
The global colored to colorless, it's usage and growth factor in reversible thermochromic film market size was valued at USD 4.5 million in 2016. The growing demand for advanced materials with temperature-sensitive properties from the cosmetics industry is expected to drive the colored to colorless, it's usage and growth factor over the forecast period.
Colorless to Colored:
In the reversible thermochromic film market, colorless to colored (CTC) is a transition that occurs when the temperature of the liquid crystal changes. The change in temperature causes a shift in position of an associated dye molecule and thus creates different colors. This process is also known as cold-to-hot switching or heat-from-cold switching.
Application Insights:
The global reversible thermochromic film market has been segmented on the basis of application into consumer goods, automotive, building & construction, industrial and other applications. The consumer goods segment led the market in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to growing usage of these products in daily life activities such as laundry detergent packs, cosmetics packaging among others. Moreover, product demand for coloring glasses used in fashion and optical industries is also expected to drive growth over the forecast period.
Automotive was one of the fastest-growing segments with a CAGR around 14% from 2018 to 2030 owing to increasing use of these films for heat management purposes during vehicle manufacturing processes such as paint drying or welding operations that require controlled temperatures.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing demand for consumer goods, such as clothing and shoes, which reversibly change color upon heating. In addition, growing use of reversible thermochromic in advertising and promotional products is expected to drive the regional product demand over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the coming years owing to rising disposable income coupled with expanding application scope of reversible thermochromic films in various end-use industries including automotive glass tinting & coating, building & construction materials and others.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products
- Rising awareness about the benefits of using thermochromic film
- Growing popularity of smart glass and building automation
- Proliferation of internet of things (IoT) and big data analytics
- Technological advancements in reversible thermochromic film
Scope Of The Report
Report Attributes
Report Details
Report Title
Reversible Thermochromic Film Market Research Report
By Type
Colored to Colorless, Colorless to Colored
By Application
Consumer Goods, Glass, Automotive, Building, Others
By Companies
NCC, OliKrom, Smarol Industry, Dalian Weibang Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Reversible Thermochromic Film Market Report Segments:
The global Reversible Thermochromic Film market is segmented on the basis of:
Types
Colored to Colorless, Colorless to Colored
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Goods, Glass, Automotive, Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NCC
- OliKrom
- Smarol Industry
- Dalian Weibang Technologies
Highlights of The Reversible Thermochromic Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Colored to Colorless
- Colorless to Colored
- By Application:
- Consumer Goods
- Glass
- Automotive
- Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reversible Thermochromic Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reversible thermochromic film is a type of film that can change its color depending on the temperature. When the temperature is raised, the film becomes darker in color; when it cools, it lightens in color. This makes it possible to create images or messages that change according to how people are feeling at any given moment.
Some of the major players in the reversible thermochromic film market are NCC, OliKrom, Smarol Industry, Dalian Weibang Technologies.
The reversible thermochromic film market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reversible Thermochromic Film Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Reversible Thermochromic Film Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reversible Thermochromic Film Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Reversible Thermochromic Film Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Reversible Thermochromic Film Market Size & Forecast, 2020-2028
4.5.1 Reversible Thermochromic Film Market Size and Y-o-Y Growth
4.5.2 Reversible Thermochromic Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Colored to Colorless
5.2.2 Colorless to Colored
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Goods
6.2.2 Glass
6.2.3 Automotive
6.2.4 Building
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reversible Thermochromic Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reversible Thermochromic Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Colored to Colorless
9.6.2 Colorless to Colored
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Goods
9.10.2 Glass
9.10.3 Automotive
9.10.4 Building
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Colored to Colorless
10.6.2 Colorless to Colored
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Goods
10.10.2 Glass
10.10.3 Automotive
10.10.4 Building
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Colored to Colorless
11.6.2 Colorless to Colored
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Goods
11.10.2 Glass
11.10.3 Automotive
11.10.4 Building
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Colored to Colorless
12.6.2 Colorless to Colored
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Goods
12.10.2 Glass
12.10.3 Automotive
12.10.4 Building
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Colored to Colorless
13.6.2 Colorless to Colored
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Goods
13.10.2 Glass
13.10.3 Automotive
13.10.4 Building
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reversible Thermochromic Film Market: Competitive Dashboard
14.2 Global Reversible Thermochromic Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NCC
14.3.2 OliKrom
14.3.3 Smarol Industry
14.3.4 Dalian Weibang Technologies
