Thermochromic Materials Market 2020 Global Size, Share, Industry Key Features, Growth Drivers, Key Expansion Strategies, Upcoming Trends and Regional Forecast by 2027
The global thermochromic materials market is forecast to grow at a rate of 9.2% CAGR from USD 1.29 billion in 2019 to USD 2.51 billion in 2027. Thermochromic materials have the capability to change thermal radiation into a chromatic effect, thereby changing the colour. This transition between displayed colours is usually transient, and it depends on temperature. This property is one of the prominent reason that is driving the market growth.
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