Rise in prevalence of innovative products and surge in demand for wax additives and defoamers drive the growth of the global thermochromic pigments market. North America contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. Several major thermochromic pigments manufacturers have stopped their production activities during the Covid-19 pandemic …
Tag Archives: Thermochromic Pigments Industry
Thermochromic Pigments Market Trends, Business Strategies And Opportunities With Key Players Analysis 2027
The global thermochromic pigments industry was estimated at $428.3 million in 2019, and is anticipated to hit $595.0 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Prime determinants of growth-Increase in preference for colored materials among consumers drives the growth of the global thermochromic pigments market. Moreover, use of printing inks containing metallic pigments has risen in …