Thermochromic Pigments Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023
Thermochromic Pigments Market Overview Thermochromic pigments are materials which change color with change in temperature. These pigments are temperature-sensitive which use liquid crystal technology which leads to change in the color of liquid crystals. These pigments are widely used in traffic signs, printing inks, fire-fighting equipment, emergency signs, novelty decorations, path marking, instruments and controls. By product, the global COVID-19 analysis on thermochromic pigment market has been classified into liquid crystal material, leuco dyes, and inorganic materials. The liquid crystal material segment accounted for the largest market share in 2017 and is expected to grow at a high CAGR during the forecast period owing to its consumption in precision applications as their responses can be engineered at accurate temperatures. They are widely used in electronics and in mood rings. Based on pigment type, the global thermochromic pigment market report ha...