Global Thermochromic Materials Market to be driven at a CAGR… – MENAFN.COM

Global Thermochromic Materials Market to be driven at a CAGR… – MENAFN.COM

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours. Get a Free Sample Report with Table of Contents: The growth of global thermochromic material is driven by its applications across various end use industries. The demand from textile sector for application in home furnishing and apparels is expected to propel the market growth. Additionally, the utilisation of thermochromic ink in various industrial temperature indicators will likely aid the growth. Moreover, the demand for irreversible thermochromic ink for application in security labels, food & beverages packaging labels and products labels among others is anticipated to increase over the forecast period. However, the reversible thermochromic material are projected to hold the largest share in the global market. Industry Definition and Major Segments Thermochromic materials refers to temperature sensitive substances which exhibit change in colour on account of variation in temperature. These changes can be reversible or irreversible. Thermochromic materials find application in various temperature indicators in industries, and chemical reactors, among others. Explore full report with table of contents: Regionally,