Market Overview:
The global photochromic dyes market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for light control materials, sensor applications, and recording media. Photochromic dyes are used in a variety of applications such as sunglasses, eyeglasses, optical instruments, and windows. They are also used in medical devices and implants.
Product Definition:
A photochromic dye is a substance that changes color in response to light. Photochromic dyes are used in sunglasses, contact lenses, and other optical devices to protect the wearer's eyes from sunlight.
Azobenzenes:
Azobenzenes are organic compounds with the formula (N-Cbz-phenyl)cubes or monoclonal. They are highly soluble in diethyl ether, very slightly soluble in water and insoluble in aliphatic hydrocarbons. Azobenzene is a colorless liquid that gives a red reaction when exposed to light; it is also used as an intermediate for the preparation of dyes and pigments.
Spiropyrans:
Spiropyrans are organic compounds that are obtained from the fermentation of a strain of Streptomyces griseus. Spiropyran is a cyclic pyranocarbonyl macrocycle with five carbon rings and one oxygen ring, which has been used as an intermediate for the synthesis of other chemicals such as antibiotics, dyes, pigments & vitamins and also in pharmaceutical drugs.
Application Insights:
Light control materials application led the global photochromic dyes market in 2017. It is projected to expand at a CAGR of XX% over the forecast period owing to rising demand from various end-use industries including automotive, construction, and electronics. Light control materials are used as color changing agents in automobile headlamps and other lighting systems that need to adapt dynamically according to prevailing light conditions for enhanced visibility and safety respectively.
The sensor applications segment is anticipated witness significant growth during the forecast period on account of growing demand for sensitive devices with high resolution that require low power consumption and long battery life cycles across various end-use industries such as healthcare, consumer electronics, industrial equipment etcetera.
Regional Analysis:
North America accounted for the largest share of global photochromic dyes market in 2017. The growth is attributed to the presence of a large number of manufacturers and suppliers coupled with high demand from various end-use industries such as display, lighting, automotive etc. In North America, U.S dominated the market owing to early adoption by major industry players coupled with technological advancements in display manufacturing processes over past few years.
Asia Pacific is expected to be one of fastest growing regions during forecast period owing to increasing awareness regarding light sensitive materials among consumers resulting into increased product application scope over past few years particularly in countries such as China.
Growth Factors:
- Increasing demand for photochromic sunglasses from the sports and outdoor enthusiasts segment.
- Growing popularity of photochromic eyeglasses among the working population, owing to its convenience and comfort features.
- Proliferation of online retail channels that offer a wide range of photochromic products at competitive prices is aiding in market growth.
- Rising awareness about the benefits of using photochromic lenses, especially among people with sensitive eyesight is propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Photochromic Dyes Market Research Report
By Type
Azobenzenes, Spiropyrans, Diarylethenes, Fulgides, Hexaarylbiimidazole, Spiroperimidines
By Application
Light Control Materials, Sensor Applications, Recording Media
By Companies
PPG, Tokuyama Corporation, Mitsui Chemicals, Tokyo Chemical Industry, Milliken Chemical, Yamada Chemical, Medvance, QCR Solutions Corp, Vivimed Labs, James Robinson, FX Pigments
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Photochromic Dyes Market Report Segments:
The global Photochromic Dyes market is segmented on the basis of:
Types
Azobenzenes, Spiropyrans, Diarylethenes, Fulgides, Hexaarylbiimidazole, Spiroperimidines
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
Light Control Materials, Sensor Applications, Recording Media
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:
- PPG
- Tokuyama Corporation
- Mitsui Chemicals
- Tokyo Chemical Industry
- Milliken Chemical
- Yamada Chemical
- Medvance
- QCR Solutions Corp
- Vivimed Labs
- James Robinson
- FX Pigments
Highlights of The Photochromic 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:
- Azobenzenes
- Spiropyrans
- Diarylethenes
- Fulgides
- Hexaarylbiimidazole
- Spiroperimidines
- By Application:
- Light Control Materials
- Sensor Applications
- Recording Media
- 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 Photochromic 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
- 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?
Photochromic dyes are a type of dye that can change color when exposed to light. This allows them to be used in products like sunglasses, eyeglasses, and clothing.
Some of the major players in the photochromic dyes market are PPG, Tokuyama Corporation, Mitsui Chemicals, Tokyo Chemical Industry, Milliken Chemical, Yamada Chemical, Medvance, QCR Solutions Corp, Vivimed Labs, James Robinson, FX Pigments.
The photochromic dyes market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Photochromic Dyes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Photochromic Dyes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Photochromic Dyes Market - Supply Chain
4.5. Global Photochromic Dyes Market Forecast
4.5.1. Photochromic Dyes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Photochromic Dyes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Photochromic Dyes Market Absolute $ Opportunity
5. Global Photochromic Dyes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Photochromic Dyes Market Size and Volume Forecast by Type
5.3.1. Azobenzenes
5.3.2. Spiropyrans
5.3.3. Diarylethenes
5.3.4. Fulgides
5.3.5. Hexaarylbiimidazole
5.3.6. Spiroperimidines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Photochromic Dyes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Photochromic Dyes Market Size and Volume Forecast by Application
6.3.1. Light Control Materials
6.3.2. Sensor Applications
6.3.3. Recording Media
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Photochromic Dyes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Photochromic Dyes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Photochromic Dyes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Photochromic Dyes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Photochromic Dyes Demand Share Forecast, 2019-2026
9. North America Photochromic Dyes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Photochromic Dyes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Photochromic Dyes Market Size and Volume Forecast by Application
9.4.1. Light Control Materials
9.4.2. Sensor Applications
9.4.3. Recording Media
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Photochromic Dyes Market Size and Volume Forecast by Type
9.7.1. Azobenzenes
9.7.2. Spiropyrans
9.7.3. Diarylethenes
9.7.4. Fulgides
9.7.5. Hexaarylbiimidazole
9.7.6. Spiroperimidines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Photochromic Dyes Demand Share Forecast, 2019-2026
10. Latin America Photochromic Dyes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Photochromic Dyes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Photochromic Dyes Market Size and Volume Forecast by Application
10.4.1. Light Control Materials
10.4.2. Sensor Applications
10.4.3. Recording Media
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Photochromic Dyes Market Size and Volume Forecast by Type
10.7.1. Azobenzenes
10.7.2. Spiropyrans
10.7.3. Diarylethenes
10.7.4. Fulgides
10.7.5. Hexaarylbiimidazole
10.7.6. Spiroperimidines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Photochromic Dyes Demand Share Forecast, 2019-2026
11. Europe Photochromic Dyes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Photochromic Dyes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Photochromic Dyes Market Size and Volume Forecast by Application
11.4.1. Light Control Materials
11.4.2. Sensor Applications
11.4.3. Recording Media
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Photochromic Dyes Market Size and Volume Forecast by Type
11.7.1. Azobenzenes
11.7.2. Spiropyrans
11.7.3. Diarylethenes
11.7.4. Fulgides
11.7.5. Hexaarylbiimidazole
11.7.6. Spiroperimidines
11.8. Bass Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Photochromic Dyes Demand Share, 2019-2026
12. Asia Pacific Photochromic Dyes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Photochromic Dyes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Photochromic Dyes Market Size and Volume Forecast by Application
12.4.1. Light Control Materials
12.4.2. Sensor Applications
12.4.3. Recording Media
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Photochromic Dyes Market Size and Volume Forecast by Type
12.7.1. Azobenzenes
12.7.2. Spiropyrans
12.7.3. Diarylethenes
12.7.4. Fulgides
12.7.5. Hexaarylbiimidazole
12.7.6. Spiroperimidines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Photochromic Dyes Demand Share, 2019-2026
13. Middle East & Africa Photochromic Dyes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Photochromic Dyes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Photochromic Dyes Market Size and Volume Forecast by Application
13.4.1. Light Control Materials
13.4.2. Sensor Applications
13.4.3. Recording Media
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Photochromic Dyes Market Size and Volume Forecast by Type
13.7.1. Azobenzenes
13.7.2. Spiropyrans
13.7.3. Diarylethenes
13.7.4. Fulgides
13.7.5. Hexaarylbiimidazole
13.7.6. Spiroperimidines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Photochromic Dyes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Photochromic Dyes Market: Market Share Analysis
14.2. Photochromic Dyes Distributors and Customers
14.3. Photochromic Dyes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PPG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tokuyama Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsui Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tokyo Chemical Industry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Milliken Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yamada Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medvance
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. QCR Solutions Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vivimed Labs
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. James Robinson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FX Pigments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
