Chemical & Materials Trending Thermochromic Materials Market | Page 4

Industrial Insights
• On the basis of type, the thermochromic materials market has been categorized into reversible
and irreversible thermochromic materials.
• Irreversible is projected to be the fastest-growing segment of the thermochromic materials
market, by type during the forecast period.
• Irreversible thermochromic materials are widely used in security inks, packaging, and other
coating applications as they change appearance when exposed to diverse temperatures.
• The color will remain unchanged, once the activation temperature is reached.
• The thermochromic materials market is witnessing significant growth due to the growing demand
for thermochromic materials in medical applications.
• The end-use industries of thermochromic materials include packaging, printing & coating,
medical, textile, industrial, and others.
• Printing & coating is the fastest-growing end-use industry of thermochromic materials owing to a
significant increase in the demand for thermal paper for POS systems.
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