Printing & coating to be largest and fastest-growing end-use industry for Thermochromic Materials Market till 2024
The market size of Thermochromic Materials is estimated to be USD 1.3 billion in 2019 and is projected to reach USD 2.1 billion by 2024, at a CAGR of 9.5%. Download PDF Brochure @ http://bit.ly/2YSHe0H The global thermochromic materials market is driven by the growing demand for smart packaging applications. Increased demand for product differentiation and growing awareness about improved appearance of products are boosting the market. Thermochromic materials reversibly change their color by temperature variation. Color transition is due to a modification in crystalline phase and structure. Thermochromic materials are widely used as temperature indicators in several end-use industries, to determine the temperature variation and reaction heat. Rising applications of these materials in ink, paints, and coatings applications is the major driving force for the market. The key players in the thermochromic materials market includ...