Market Overview:
The global thermochromic dyes market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermochromic dyes from various applications, such as automotive, electronics, environmental monitoring, consumer goods and others. In addition, the growing awareness about environment-friendly products is also propelling the growth of this market.
Product Definition:
Thermochromic dyes are special dyes that change color when they are heated or cooled. This makes them useful for indicating the temperature of a substance. For example, you could put a thermochromic dye in your coffee to let you know when it is hot enough to drink.
Spirolactones:
Spirolactones are organic compounds that exist in both animal and plant bodies. They are formed naturally by plants to protect them from parasitic insects. Spirolactone is also found in a variety of foods including avocado, banana, grapefruit peel, pineapple, and berries. It is commercially available as a white crystalline powder which can be further processed to produce different types of dyes for coloring purposes.
Fluorans:
Fluorans is a chemical compound and it's also an organic intermediate used in the production of thermochromic dyes. Fluorans is a colorless, highly soluble inorganic acid derivative. It has applications as analytical reagent for lead compounds, tinctorius dyes & pigments, paper bleaching & pulp processing chemicals and others.
Application Insights:
The automotive application segment led the global thermochromic dyes market in 2017 and is projected to witness significant growth over the forecast period. Rising demand for thermochromic pigments in vehicles is expected to be a major factor driving the product demand. The rising need for dynamic color changes in cars to improve their aesthetic appeal and driver safety has been encouraging several manufacturers of automobiles, including Ford Motor Company, General Motors Company, Volkswagen Group, and Daimler AG; adopt such products.
In addition, these pigments can also be used as indicators of vehicle condition or health by monitoring temperature fluctuations during transportation or while parked at a particular location. This information can then be used by drivers for preventive maintenance purposes which is likely to propel their demand further over the coming years.
Regional Analysis:
North America was the second-largest regional market in 2017. The U.S., in particular, is a major consumer owing to the high demand for thermochromic dyes from various end-use industries such as automotive, electronics and others. North America is expected to be one of the key markets for these products over the forecast period due to increasing R&D activities by various companies and an increase in product adoption across several industries including medical & healthcare, security & defense and automotive among others.
The Asia Pacific region accounted for a revenue share of more than 25% in 2017 on account of rising product adoption across several end-use applications including electronic devices such as smartphones and tablets; automobiles; fabrics; pharmaceuticals; security systems etcetera resulting from technological advancements coupled with growing consumer awareness regarding advanced products’ benefits are some factors driving regional growth over the forecast period.
Growth Factors:
- Increasing demand from textile and apparel industry for colorful and vibrant clothes
- Rising awareness about the benefits of using thermochromic dyes in various applications
- Growing popularity of personalized and customized products
- Technological advancements that have made production of thermochromic dyes more efficient
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermochromic Dyes Market Research Report
By Type
Spirolactones, Fluorans, Spiropyrans, Others
By Application
Automotive, Electronics, Environmental Monitoring, Consumer Goods, Others
By Companies
Atlanta Chemical Engineering, Peacock Colors, Lawrence Industries, TMC Hallcrest, Americos Industries, QCR Solutions Corp, JL Chem, Jianxin Chemical, TCI Chemicals
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Thermochromic Dyes Market Report Segments:
The global Thermochromic Dyes market is segmented on the basis of:
Types
Spirolactones, Fluorans, Spiropyrans, Others
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
Automotive, Electronics, Environmental Monitoring, Consumer Goods, 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:
- Atlanta Chemical Engineering
- Peacock Colors
- Lawrence Industries
- TMC Hallcrest
- Americos Industries
- QCR Solutions Corp
- JL Chem
- Jianxin Chemical
- TCI Chemicals
Highlights of The Thermochromic Dyes 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:
- Spirolactones
- Fluorans
- Spiropyrans
- Others
- By Application:
- Automotive
- Electronics
- Environmental Monitoring
- Consumer Goods
- 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 Thermochromic Dyes 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
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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?
Thermochromic dyes are a type of dye that change color when the temperature changes. This makes them useful for changing the color of clothing or other objects, depending on the temperature.
Some of the major players in the thermochromic dyes market are Atlanta Chemical Engineering, Peacock Colors, Lawrence Industries, TMC Hallcrest, Americos Industries, QCR Solutions Corp, JL Chem, Jianxin Chemical, TCI Chemicals.
The thermochromic dyes 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 Thermochromic Dyes 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 Thermochromic Dyes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermochromic Dyes 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 Thermochromic Dyes 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 Thermochromic Dyes Market Size & Forecast, 2020-2028
4.5.1 Thermochromic Dyes Market Size and Y-o-Y Growth
4.5.2 Thermochromic Dyes 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 Spirolactones
5.2.2 Fluorans
5.2.3 Spiropyrans
5.2.4 Others
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 Automotive
6.2.2 Electronics
6.2.3 Environmental Monitoring
6.2.4 Consumer Goods
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermochromic Dyes 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 Thermochromic Dyes 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 Spirolactones
9.6.2 Fluorans
9.6.3 Spiropyrans
9.6.4 Others
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 Automotive
9.10.2 Electronics
9.10.3 Environmental Monitoring
9.10.4 Consumer Goods
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 Spirolactones
10.6.2 Fluorans
10.6.3 Spiropyrans
10.6.4 Others
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 Automotive
10.10.2 Electronics
10.10.3 Environmental Monitoring
10.10.4 Consumer Goods
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 Spirolactones
11.6.2 Fluorans
11.6.3 Spiropyrans
11.6.4 Others
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 Automotive
11.10.2 Electronics
11.10.3 Environmental Monitoring
11.10.4 Consumer Goods
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 Spirolactones
12.6.2 Fluorans
12.6.3 Spiropyrans
12.6.4 Others
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 Automotive
12.10.2 Electronics
12.10.3 Environmental Monitoring
12.10.4 Consumer Goods
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 Spirolactones
13.6.2 Fluorans
13.6.3 Spiropyrans
13.6.4 Others
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 Automotive
13.10.2 Electronics
13.10.3 Environmental Monitoring
13.10.4 Consumer Goods
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 Thermochromic Dyes Market: Competitive Dashboard
14.2 Global Thermochromic Dyes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlanta Chemical Engineering
14.3.2 Peacock Colors
14.3.3 Lawrence Industries
14.3.4 TMC Hallcrest
14.3.5 Americos Industries
14.3.6 QCR Solutions Corp
14.3.7 JL Chem
14.3.8 Jianxin Chemical
14.3.9 TCI Chemicals
