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Home » Chemicals and Materials » Chromoactive Materials Market Size, Share Report

Chromoactive Materials Market By Product Type (Photochromic, Thermochromic, Electrochromic, Hydrochromic); By End-Use Industry (Textile, Construction, Automotive, Aerospace, Electronics, Healthcare, Military and Defense); By Distribution Channel (Offline (Retail Stores, Department Stores, Wholesalers and Distributors, Specialized Suppliers, Others), Online (Company’s Own Website, E-commerce Platforms)); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 61405280

The chromoactive materials market in 2023 was worth USD 11.95 billion and is expected to be worth USD 19.33 billion by 2030, expanding at a CAGR of 6.2% during the forecast period.

 

The market for chromoactive materials is expanding due to the research and development of smart material applications for automotive, construction, and textile industries. These materials alter their color depending on the environmental conditions such as temperature, light or pressure, for instance, smart windows and automobile sensors, wearable devices. For example, in the automotive segment, chromoactive materials are applied to smart glass that can change the tint depending on the amount of light, which increases fuel efficiency in a car. Other driving factors include increased focus on adopting smart windows for energy-efficient structures since it has been reported that it can save up to 30% of energy used by commercial facilities through light and heat control.

 

The chromoactive materials market has vast prospects in the developing areas of smart textiles, automotive technology, and energy-saving structures. In their present form, chromoactive materials, such as thermochromes and photochromes, can have a key role in the global efforts for sustainability and efficient use of energy. For example, sportswear manufacturers are already looking into this technology where clothing worn by athletes can change to fit environmental conditions and provide comfort and style. The continuous incorporation of smart fabrics in home appliances and health care apparatus offers a wider application of chromoactive materials, such as Wearable Health Monitoring Systems and Interactive Textiles.

 

chromoactive-materials-market-infographics

 

Market Segmentation

By Product Type:

  • Photochromic

  • Thermochromic

  • Electrochromic

  • Hydrochromic

 

By End-use Industry:

  • Textile

  • Construction

  • Automotive

  • Aerospace

  • Electronics

  • Healthcare

  • Military and Defense

 

By Distribution Channel:

  • Offline

    • Retail Stores

    • Department Stores

    • Wholesalers and Distributors

    • Specialized Suppliers

    • Others

 

  • Online

    • Company’s own website

    • E-commerce platforms

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

North America has the highest consumption of chromoactive materials, mainly due to a robust automotive and construction business. Some factors that have contributed to the region's development include a focus on smart materials in energy-efficient buildings and advanced automobile technologies. For example, smart glass with the ability to control tint depending on the amount of sunlight is being incorporated in commercial buildings across the United States and saves energy by up to 30%.One recent innovation is the application of photochromic material in wearable technology, where smart clothing changes color depending on the quantity of UV light, which is popular both in the U. S. and Canadian markets. This growing interest in smart materials makes North America the leading region for chromoactive innovation and adoption.

 

Key Players

  • PPG Industries

  • Gentex Corporation

  • Nanosys, Inc.

  • Chromatic Technologies Inc. (CTI)

  • Eastman Chemical Company

  • Soliant LLC

  • Mitsui Chemicals, Inc.

  • QCR Solutions Corp.

  • LCR Hallcrest, LLC

Frequently Asked Question About This Report

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Table of Contents

1.    CHROMOACTIVE MATERIALS  MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    CHROMOACTIVE MATERIALS  MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – CHROMOACTIVE MATERIALS  MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN CHROMOACTIVE MATERIALS  MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA CHROMOACTIVE MATERIALS  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Chromoactive Materials  Historical Market ($MILLION), (2017 – 2023)
6.2. North America Chromoactive Materials  Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Type

6.3.1. Thermochromic
6.3.2. Hydrochromic
6.3.3. Photochromic
6.3.4. Electrochromic
6.4. North America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-use Industry

6.4.1. Construction
6.4.2. Textile
6.4.3. Military and Defense
6.4.4. Automotive
6.4.5. Electronics
6.4.6. Aerospace
6.4.7. Healthcare
6.5. North America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Distribution Channel

6.5.1. Offline
6.5.2. Online
6.6. North America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.6.1. USA
6.6.2. Canada
6.6.3. Rest of North America
7.    USA CHROMOACTIVE MATERIALS  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE CHROMOACTIVE MATERIALS  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Chromoactive Materials  Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Chromoactive Materials  Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
8.4. Europe Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-use Industry
8.5. Europe Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Distribution Channel
8.6. Europe Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.6.1. Germany
8.6.2. France
8.6.3. UK
8.6.4. Italy
8.6.5. Spain
8.6.6. Rest of Europe
9.    APAC CHROMOACTIVE MATERIALS  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Chromoactive Materials  Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Chromoactive Materials  Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
9.4. APAC Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-use Industry
9.5. APAC Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Distribution Channel
9.6. APAC Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.6.1. China
9.6.2. Japan
9.6.3. South Korea
9.6.4. India
9.6.5. Australia
9.6.6. Rest of APAC
10.    LATIN AMERICA CHROMOACTIVE MATERIALS  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Chromoactive Materials  Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Chromoactive Materials  Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
10.4. Latin America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-use Industry
10.5. Latin America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Distribution Channel
10.6. Latin America Chromoactive Materials  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.6.1. Brazil
10.6.2. Argentina
10.6.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. PPG Industries
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Gentex Corporation
11.3. Nanosys, Inc.
11.4. Chromatic Technologies Inc. (CTI)
11.5. Eastman Chemical Company
11.6. Soliant LLC
11.7. Mitsui Chemicals, Inc.
11.8. OTHER MARKET PLAYERS

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