Market Overview:
The global thermochromic glass 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 glass from various end-use industries, such as architecture, consumer electronics, aerospace, marine and others. In addition, the growing awareness about energy conservation is also propelling the demand for thermochromic glass across the globe.
Product Definition:
Thermochromic glass is a type of glass that changes color when it is heated or cooled. It is often used in windows and doors to indicate the temperature inside or outside the building.
Color Change Temperature:28℃:
The color change temperature:28 ƒ is the highest recorded temperature for a glass transition, which occurs at approximately 200-degree Celsius. The color of the glass changes when it is heated or cooled below this point. This phenomenon was first observed by accident in 1803 by a French scientist named Foucault who was conducting an experiment with liquid mercury and ice.
This accidental discovery led to extensive research on this topic.
Color Change Temperature:32℃:
The color change temperature:32 ƒ is the peak wavelength of the infrared region of light. It's used in manufacturing thermochromic glass, which can be switched between normal transparency and see-through state by changing its temperature. The major application areas include coloring agents, textiles, paper & ink products and plastics among others.
Application Insights:
The architecture application segment led the global thermochromic glass market in 2017 and is projected to witness significant growth over the forecast period. The growing construction industry across the globe is expected to boost product demand in this application. Rising infrastructural developments along with increasing urbanization are likely to augment product demand for architectural applications, thereby driving the market growth.
The consumer electronics segment held a share of 15.9% of overall revenue in 2017 owing to rising product adoption for manufacturing color changing smartphones, tablets and laptops among other devices that use thermochromic materials as their base component. Increasing innovation & R&D activities by various companies including Samsung, Apple Inc., HTC Corporation., Lenovo Group Ltd., etc.; For developing new products using thermochromic technology is expected to drive its usage over the next seven years which will eventually propel market growth globally during this period.
Other key applications include aerospace & defense.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to growing adoption of thermochromic glass in architectural applications. In addition, increasing use of these glasses for display purposes is expected to drive demand over the forecast period. Europe accounted for a significant share owing to rising product demand from major application sectors including automotive, consumer electronics and aerospace.
Asia Pacific is anticipated to witness high growth over the forecast period owing to rapid urbanization coupled with increasing construction activities across emerging economies such as India and China which are likely contribute significantly towards regional market development during the forecast years 2018-2030 time span. Moreover, presence of key manufacturers such as Shinozaki Gumi Kaisha Ltd.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Thermochromic Glass market is expected to grow at a significant pace in the next few years, owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising awareness about the benefits of thermochromic glass: The growing awareness about the benefits of thermochromic glass is another major factor that is expected to drive the growth of this market in the near future.
- Growing popularity of smart buildings: The growing popularity of smart buildings is another key factor that is anticipated to fuel the growth of this market in coming years. Smart buildings make use of various technologies such as thermo chromatic glass, which helps save energy by regulating light and temperature levels inside a building automatically.
- Technological advancements: Another key driver for this market is technological advancements, which have led to better quality and performance Thermochromic Glass products in recent times. This has resulted in an increase in their adoption across various industries worldwide.. 5) Emerging markets offer immense potential for growth: A large number if emerging markets such as China, India, Brazil etc., offer immense potential for growth within this market over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermochromic Glass Market Research Report
By Type
Color Change Temperature:28℃, Color Change Temperature:32℃
By Application
Architecture, Consumer Electronics, Aerospace, Marine, Others
By Companies
SAGE Electrochromics, Research Frontiers, View, AGC, PPG Industries, Gentex Corp, Hitachi 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Thermochromic Glass Market Report Segments:
The global Thermochromic Glass market is segmented on the basis of:
Types
Color Change Temperature:28℃, Color Change Temperature:32℃
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
Architecture, Consumer Electronics, Aerospace, Marine, 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:
- SAGE Electrochromics
- Research Frontiers
- View
- AGC
- PPG Industries
- Gentex Corp
- Hitachi Chemicals
Highlights of The Thermochromic Glass 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:
- Color Change Temperature:28℃
- Color Change Temperature:32℃
- By Application:
- Architecture
- Consumer Electronics
- Aerospace
- Marine
- 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 Glass 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?
Thermochromic glass is a type of glass that changes color when heated or cooled.
Some of the major companies in the thermochromic glass market are SAGE Electrochromics, Research Frontiers, View, AGC, PPG Industries, Gentex Corp, Hitachi Chemicals.
The thermochromic glass market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermochromic Glass 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 Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermochromic Glass 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 Glass 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 Glass Market Size & Forecast, 2018-2028
4.5.1 Thermochromic Glass Market Size and Y-o-Y Growth
4.5.2 Thermochromic Glass Market Absolute $ Opportunity
Chapter 5 Global Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Type
5.2.1 Color Change Temperature:28℃
5.2.2 Color Change Temperature:32℃
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Applications
6.2.1 Architecture
6.2.2 Consumer Electronics
6.2.3 Aerospace
6.2.4 Marine
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermochromic Glass 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 Glass 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 Thermochromic Glass Analysis and Forecast
9.1 Introduction
9.2 North America Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Type
9.6.1 Color Change Temperature:28℃
9.6.2 Color Change Temperature:32℃
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 Thermochromic Glass Market Size Forecast by Applications
9.10.1 Architecture
9.10.2 Consumer Electronics
9.10.3 Aerospace
9.10.4 Marine
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 Thermochromic Glass Analysis and Forecast
10.1 Introduction
10.2 Europe Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Type
10.6.1 Color Change Temperature:28℃
10.6.2 Color Change Temperature:32℃
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 Thermochromic Glass Market Size Forecast by Applications
10.10.1 Architecture
10.10.2 Consumer Electronics
10.10.3 Aerospace
10.10.4 Marine
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 Thermochromic Glass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Type
11.6.1 Color Change Temperature:28℃
11.6.2 Color Change Temperature:32℃
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 Thermochromic Glass Market Size Forecast by Applications
11.10.1 Architecture
11.10.2 Consumer Electronics
11.10.3 Aerospace
11.10.4 Marine
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 Thermochromic Glass Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermochromic Glass 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 Thermochromic Glass Market Size Forecast by Type
12.6.1 Color Change Temperature:28℃
12.6.2 Color Change Temperature:32℃
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 Thermochromic Glass Market Size Forecast by Applications
12.10.1 Architecture
12.10.2 Consumer Electronics
12.10.3 Aerospace
12.10.4 Marine
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) Thermochromic Glass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermochromic Glass 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) Thermochromic Glass Market Size Forecast by Type
13.6.1 Color Change Temperature:28℃
13.6.2 Color Change Temperature:32℃
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) Thermochromic Glass Market Size Forecast by Applications
13.10.1 Architecture
13.10.2 Consumer Electronics
13.10.3 Aerospace
13.10.4 Marine
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 Glass Market: Competitive Dashboard
14.2 Global Thermochromic Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAGE Electrochromics
14.3.2 Research Frontiers
14.3.3 View
14.3.4 AGC
14.3.5 PPG Industries
14.3.6 Gentex Corp
14.3.7 Hitachi Chemicals
